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News - Passerinvest’s renovated office building cuts energy demand by half
16
Oct
2024

Passerinvest’s renovated office building cuts energy demand by half

by Property Forum
By reconstructing the office building in Prague's Brumlovka, together with the optimisation of technology operation, Passerinvest Group reduced the building's energy demand by more than 50%. It included a complete renovation of the facade and roofs. At the same time, all technologies ensuring a quality indoor environment were also modernised.
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News - Bucharest office market sees lower demand over tech slowdown
15
Oct
2024

Bucharest office market sees lower demand over tech slowdown

by Property Forum
Total demand for office leasing in Bucharest dropped by 25% to 236,000 sqm in Q3 compared to the same period of 2023, while new demand fell 11% to 82,000 sqm in the same interval due to the slowdown of the IT&C sector, according to a Colliers report. 
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News - Atenor rolls out repositioning of Olympia offices in Budapest
14
Oct
2024

Atenor rolls out repositioning of Olympia offices in Budapest

by Property Forum
Atenor has started to implement a rebranding of its Budapest-based office complex Olympia, formerly known as Aréna Business Campus, in a bid to accommodate new workplace trends, such as remote work and hybrid schedules.
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News - ZenGarden in Budapest reaches 95% occupancy rate
10
Oct
2024

ZenGarden in Budapest reaches 95% occupancy rate

by Property Forum
The ZenGarden office building in Budapest, managed by ConvergenCE, is close to full occupancy as of mid-September, driven by a mix of new leases and renewals.
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News - SAP Hungary extends lease for 18,000 sqm in Graphisoft Park
09
Oct
2024

SAP Hungary extends lease for 18,000 sqm in Graphisoft Park

by Property Forum
SAP Hungary has recently renewed its office lease agreement for over 18,000 sqm at Graphisoft Park, where the software company has been present in the past 18 years.
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News - Hybrid work to remain major trend in Poland's office market
03
Oct
2024

Hybrid work to remain major trend in Poland's office market

by Property Forum
Global economic transformations are impacting how companies operate and how workplaces are designed. The latest report developed by Walter Herz in collaboration with experts from Workplace, ISS Polska, DECISIVE Szmigiel, Papros, Gregorczyk, and Brill AV Media, outlines the leading trends shaping the development of the office market in Poland.
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News - Evo Properties rolls out first reconversion project in Bucharest
03
Oct
2024

Evo Properties rolls out first reconversion project in Bucharest

by Property Forum
Evo Properties has announced the reconversion of the London and Oslo office buildings in Bucharest into a multifunctional hub. 
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News - WING has completely transformed Budapest - What are the plans for the coming years?
03
Oct
2024

WING has completely transformed Budapest - What are the plans for the coming years?

by Gergely Ditróy
Over the last two and a half decades, a lot has changed in the Hungarian real estate market. Spectacular investments have shaped the image of the capital, while the modern real estate market as we know it today has gradually emerged. The biggest players were already present in the late 90s, including WING, which is 25 years old this year. During this time, the group has undergone dynamic changes, reflected not only in its developments in Budapest but also in its presence on international markets. We talked to Noah Steinberg, CEO of WING Group and Chairman of the Supervisory Boards of Echo Investment in Poland and Bauwert in Germany, about the main challenges of the past 25 years, the strategy that has been most effective in addressing them and the plans the group has for the next 25 years.
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News - AFI Europe opens new coworking centre in Prague
02
Oct
2024

AFI Europe opens new coworking centre in Prague

by Property Forum
Developer AFI Europe is launching a new coworking centre on the ground floor of the AFI Home Kolbenova 1 rental residence in the AFI City district in Vysočany, Prague 9. Coworking spaces as part of the rental project are among the developer's domestic innovations.
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News - Strong leasing activity continues in Metropolitan Warszawa
02
Oct
2024

Strong leasing activity continues in Metropolitan Warszawa

by Property Forum
The Metropolitan Warszawa office building reported that 18,000 sqm of new lease agreements and extensions had been signed. Leases include blue-chip tenants such as HP, LCP Properties, Green Holding Group and others including a leading global consulting firm and a world leader in the energy and chemical sectors.
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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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