ARTICLES LABELLED WITH TAG office

PINK has published figures on the office market in Warsaw for Q4 2022. The data is sourced from advisory companies from the commercial real estate sector (BNP Paribas Real Estate, CBRE, Colliers, Cushman&Wakefield, JLL, Knight Frank, Newmark, Savills) and includes information on modern office stock, new completions, take-up volumes and vacancy rates.

Savills has advised AT Capital Group on the acquisition of the development plot at the junction of Grzybowska and Żelazna streets in Warsaw for the planned 140-metre-high Liberty Tower.

Asset management firm Diófa and the Hungarian branch of Erste Bank have concluded a financing deal for seven years. The refinancing contract is worth €73 million, portfolio.hu reports.

Romanian industrial developer Global Vision has purchased the Nova Building office project in northern Bucharest, with the overall investment in the building set to exceed €12 million.  

FLE SICAV FIS, managed by FLE GmbH, has acquired from DWS its fifth office property in Poland – the Kopernik Office Buildings in Warsaw. Knight Frank advised the buyer and Colliers represented the seller. The price remains confidential.

The historic building will offer 4,600 sqm of office and 340 sqm of retail space in the very heart of the Hungarian capital. The opening is expected at the end of January.

Vastint has received a permit for the renovation with change of function of the first three historical buildings in the Stara Rzeźnia complex in Poznań in Poland. As part of the work, they will be restored and transformed into office buildings. The plan to revitalize the rest of Stara Rzeźnia is currently the subject of public consultations organized by the City of Poznań authorities as part of the procedure for adopting a local plan.

Colliers has prepared a report that comprehensively analyzes the role of mixed-use projects in Polish cities – in terms of investment, architecture, and city-forming functions.

Commercial property investment in Romania totaled €1.25 billion in 2022, up 40% compared to the previous years, of which the biggest single deal was Pavăl Holding’s acquisition of CA Immo’s office portfolio for €600 million, according to real estate consultancy JLL România. Last year's result was the biggest since 2008.

Property developer and investor Globalworth has secured new funding worth €160 million from Austrian Erste Group.