According to the latest research from Savills and its flexible office specialist Workthere, London City remains the most active flexible office market in Europe with the sector accounting for 13% of all office take-up in H1 2023. This is followed by Prague (8%), Amsterdam (6%), Madrid (5%) and Warsaw (4%).

The biggest Czech commercial project by Skanska is officially open to both tenants and visitors. Port7 provides 36,000 sqm of prime office and retail spaces. Compared to typical buildings of its size, Port7 boasts over 43% reduction in energy consumption and a 50% decrease in potable water usage.

Atenor announced the sale of the RoseVille office building located in District 3 of Budapest. The buyer is a Hungarian fund set up by international investors. This transaction is a significant achievement in the developers' operational plan and a major milestone in the Budapest investment market for the year 2023.

OKAM City, located at ul. Jagiellońska 88 in Warsaw, the former Żerań FSO car factory, has a new property manager. The owner and developer OKAM Capital instructed international real estate advisory firm Savills to provide property management for the site.

Bucharest-based office project Oregon Park, owned by Lion's Head investment fund, has achieved the Well Health & Safety certification, granted by The International WELL Building Institute (IWBI). 

UniCredit Romania has inked a deal with Globalworth for the extension of its lease agreement in the UniCredit HQ building by 2030. The bank has been occupying the building with a leasable area of 17,400 sqm since its opening in 2012. 

Law firms are among the most active office tenants. They have for years shown a strong preference for central HQ locations, trophy offices and a high standard of finish, reveals the latest research from Savills.

The Obchodná office building, which is part of the new NordCity zone in Žilina, a town in the north-west of Slovakia about 200 km from Bratislava, has been approved and put into operation. Among its largest tenants are international companies Siemens, BeLenka, Ipesoft and GoodRequest. Behind the construction of the entire zone is the developer Reinoo whose owner is entrepreneur Milan Dubec. 

In the first half of 2023, a total of 24,600 sqm of new office space was delivered to the Brno office market. Ostrava saw the delivery of no new office space, but the one that is under construction should be completed by the end of the year. The vacancy rate in the Brno office market in H1 2023 increased to 14.6% and in the Ostrava office market up to 7.8%, reports the Regional Research Forum (RRF).

IT company ITIXO has signed a lease agreement for office space in the IQ Ostrava building. It has thus become the first new tenant of one of the most modern office buildings in the Czech Republic, belonging to the developer CTP. CTP is also the originator of the popular Clubco coworking centre concept, which will be available in IQ Ostrava this autumn.