ARTICLES LABELLED WITH TAG office

14
Jan
2021

Globalworth completes office building in Kraków

by Property Forum
Globalworth has added another office block to its portfolio – Podium Park B in Kraków. The second stage of this project has just been completed.
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13
Jan
2021

A record year also for Cavatina Capital Group

by Property Forum
The group completed transactions worth €206.5 million, as well as attracting record-breaking leases, launching three multifunctional projects and starting with its project of an apartment lease platform, which will deliver over 2200 units to the market. The company currently has a commercial project portfolio of 500 000 square meters and intends to double this number within the next five years.
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12
Jan
2021

Office take-up down by 36% in 2020 in Romania

by Property Forum
The Romanian office market registered a 36% decrease in 2020 from the record level of 470,000 sqm recorded in 2019 to 300,000 sqm, JLL data shows.
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05
Jan
2021

Varso Tower topped out at a record-breaking height

by Property Forum
At 230 metres full roof height Varso Tower is now officially the tallest building in Poland. Works continue at the top of the building where a 80-metre tall spire is to be assembled in upcoming weeks. Upon its completion, Varso Tower - developed by HB Reavis - will be the tallest building in the European Union with its architectural height of 310 metres. The construction is set to complete in Q1 2022.
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04
Jan
2021

Yareal sells two office buildings in Warsaw

by Property Forum
Yareal closed the final agreement for the sale of the first phase the LIXA complex in Warsaw, which opened its doors to tenants in November. The price has not been disclosed. 
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29
Dec
2020

Industrial and office properties are investment hits

by Property Forum
According to experts of Cushman & Wakefield, this year’s total volume of transactions is expected to reach €9.4 billion in Central Europe, which will represent a one-third decrease on last year’s figure. Poland’s share in the total transaction volume - albeit down by one-fourth compared with last year - will hit approximately 60%.
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23
Dec
2020

Is the office market in Poland heading towards oversupply?

by Property Forum
The changing structure of demand for offices, and the increasing amount of space aimed at subtenants, raises the question of whether the office sector in Poland is facing the imminent prospect of oversupply.
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21
Dec
2020

Is COVID-19 a milestone for the office market?

by Property Forum
The spread of the hybrid model of working, fast-tracked digitalization of business processes, combined with increased awareness about the importance of employee well-being are the main trends that shaped the office market in Poland in 2020. An indirect effect of the Covid-19 pandemic was an increase in lease renegotiations, as well as a rise in the amount of space available on a sublet basis. AXI IMMO presents a preliminary analysis of the key trends in the Polish office market this year.
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21
Dec
2020

GalCap Europe buys office asset in Warsaw

by Property Forum
Real estate asset and investment manager GalCap Europe has acquired the Koszykowa 54 office building in Warsaw. The seller is a mutual fund managed by UBS Real Estate GmbH. The office building was acquired under the mandate of a German pension fund and complements the existing CEE component within the investor's individual fund structure, which is managed by 2IP Institutional Investment Partners.
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21
Dec
2020

J&T Banka acquires Prague HQ for CZK 2 billion

by Property Forum
J&T Banka has acquired the eight-story Rustonka office complex in Prague 8 from Gramexo, which is part of a group of companies affiliated with the J&T Group, for €80 million (CZK 2.1 billion).
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Latest news


New leases

  • Wilsons, an independent law firm, has signed a lease agreement for 800 sqm of office space in The Flow Building. Situated on Wenceslas Square and developed by Flow East. Wilsons will move into their new premises in Q3 2021.
  • Echo Investment has leased 8,500 sqm of commercial space to the Kaufland chain in the shopping center at Opieńskiego Street. The store will be opened in April 2021.
  • Barbora, the owner of the e-grocery store Barbora.pl, has leased 6,000 sqm of warehouse and office space in Ożarów II Logistics Centre. The tenant was represented during the transaction process by Cushman & Wakefield.

New appointments

  • Olga Szczęsna has joined JLL Poland's Office Agency Department, where she has taken up the position of director. Olga will be responsible for the commercialization of buildings from the Patrizia portfolio, including N21, Metron and G9, as well as the Central Point building, currently under construction in the centre of Warsaw.
  • JLL Romania consolidates its industrial team by recruiting Ciprian Sîrbu in order to provide Supply Chain services on the local market. Ciprian Sîrbu has over 10 years of experience in logistics, e-commerce, and industrial supply chain, completed by 7 years in which he worked in the IT field. His role within JLL is to provide advice to customers in streamlining the supply chain like the need for such services increases.
  • Simona Costache has joined Romanian developer One United Properties as Executive Director, Residential Sales. With 15 years of experience in real estate, Simona has been involved in sales, rental and facility management for residential developers in Bucharest.


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