ARTICLES LABELLED WITH TAG office

News - JTRE prepares new multifunctional complex in Bratislava
08
Aug
2023

JTRE prepares new multifunctional complex in Bratislava

by Property Forum
Developer J&T Real Estate is currently completing the Eurovea II project in Bratislava and the new multifunctional Ganz House project could soon be underway too, real estate website yimba.sk reports.
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News - The HOP in Warsaw gets Well HSR certification
07
Aug
2023

The HOP in Warsaw gets Well HSR certification

by Property Forum
The HOP office project in Warsaw has been awarded the WELL Health – Safety Rating by the International WELL Building Institute (IWBI) following a complex review that covered a range of health-related factors including air and water quality.
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News - CPIPG Country Manager: "ESG helps to build long-term corporate value"
03
Aug
2023

CPIPG Country Manager: "ESG helps to build long-term corporate value"

by Michał Poręcki
Barbara Topolska, Country Manager for Poland at CPI Property Group has talked to Property Forum about the acquisition of Immofinanz, ESG contributions and the current financing conditions.
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News - Czech real estate fund Investika buys offices in Warsaw
03
Aug
2023

Czech real estate fund Investika buys offices in Warsaw

by Property Forum
Czech real estate fund Investika's latest acquisition is the Royal Trakt Offices building in Warsaw. The roughly 150-year-old property in the centre of the capital city was bought by the fund from global real estate investor Patrizia SE. The acquisition was announced to Property Forum by Linklaters, the law firm that advised the real estate fund Investika during the acquisition. No further details of the transaction have been disclosed yet.
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News - Optimism prevails in Warsaw's office market despite supply gap
02
Aug
2023

Optimism prevails in Warsaw's office market despite supply gap

by Property Forum
Despite a supply gap and a low level of new completions (18,700 sqm in H1), there is a lot of optimism in the capital’s office market. Over 230,000 sqm is scheduled to be delivered in the next three years, which will significantly increase the amount of office space available to let. On the demand side meanwhile, we observe a relatively high occupier demand, whereby 2/3 of all agreements signed in H1 were new leases. AXI IMMO presents market data for the first half of 2023.
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News - No new offices are being built in the Czech Republic
02
Aug
2023

No new offices are being built in the Czech Republic

by Property Forum
The floor area of newly completed office buildings in the Czech Republic fell by 20 percent last year. This year, we can expect a renewed increase, but this will be driven only by previously completed projects, with virtually no new office buildings being built this year, according to an analysis by facility management company ISS Czech Republic.
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News - Bratislava's office market displays commendable resilience
02
Aug
2023

Bratislava's office market displays commendable resilience

by Property Forum
Rebounding industrial production and easing inflation are helping the Slovak economy to avoid recession. In the industrial market, it is visible robust construction growth and demand surge. The office sector is resilient but vacant subleased spaces are increasing, while the rental rates are stable amid yield increases. Nevertheless, Slovakia's retail sector is facing challenging dynamics as market limitations amplify alongside a cautious expansion trend, largely due to geopolitical and economic uncertainty, Cushman & Wakefield reports in its Marketbeat Analysis for Q2 2023.
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News - Mixed-use complex Liberty receives use permit in Budapest
01
Aug
2023

Mixed-use complex Liberty receives use permit in Budapest

by Property Forum
The mixed-use property development Liberty by Hungarian developer Wing has reached a major milestone. The office area in the south wing has received its use permit, and the first tenants have already moved in. At the same time, a sports store is now open on the ground floor.
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News - Office tenants in Polish regional cities focus on efficiency
01
Aug
2023

Office tenants in Polish regional cities focus on efficiency

by Property Forum
According to a report published by Newmark Polska, occupier activity in Poland’s regional city office markets remains stable, but tenants are increasingly shifting their focus towards making efficient use of office space and looking for better quality offices.
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News - Retail drives CEE commercial investments in H1 2023
27
Jul
2023

Retail drives CEE commercial investments in H1 2023

by Property Forum
The retail sector has been leading the investment activity in the first half of 2023 across CEE, having a share of 35% of the total volume of transactions that reached around €2.02 billion, according to a Colliers report.
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Latest news


New leases

  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.

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