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News - Iulius adds PV panels to its property portfolio
23
Mar
2023

Iulius adds PV panels to its property portfolio

by Property Forum
Romanian developer Iulius has installed photovoltaic panels on the roofs of all eight properties in its portfolio as part of an investment that totaled more than €3.5 million that will help the company save up to 10% of the total energy consumed across the group. 
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News - IWG opens new Regus centre near Budapest
23
Mar
2023

IWG opens new Regus centre near Budapest

by Property Forum
IWG is opening a state-of-the-art flexible workspace at Tópark ‘BE MY CITY’ Office and Residential Park located in Biatorbágy as the demand for hybrid working rapidly accelerates. The new 1,320 sqm facility in Biatorbágy offers space for co-working and private offices. Meeting rooms and creative spaces are also available.
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News - City Space to open its first location in Łódź
22
Mar
2023

City Space to open its first location in Łódź

by Property Forum
Fuzja is the first Łódź location of CitySpace, an operator of flexible office space. The concept, owned by Echo Investment, will occupy an office building on the site of the former Karol Scheibler plant, where the Fuzja mixed-use project is currently under construction. The location encompassing the entire office building on an exclusive basis is new to CitySpace. MIXD studio is responsible for the interior design. The opening is scheduled for May 2023.
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News - Echo Investment and AFI Europe present huge project in Warsaw
21
Mar
2023

Echo Investment and AFI Europe present huge project in Warsaw

by Property Forum
Echo Investment and AFI Europe presented their new, refreshed project of a large mixed-use investment in the very centre of Warsaw, in a quarter bounded by the streets of Towarowa, Pańska and Miedziana. In this location, offices and apartments for sale and rent are to be created as well as restaurants and service outlet units. The remaining industrial infrastructure in Wola is to be integrated into the Słowa Polskiego public park. 
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News - Office renting is getting increasingly expensive in Poland
21
Mar
2023

Office renting is getting increasingly expensive in Poland

by Property Forum
The scale of office projects implemented in Poland today is much smaller than in previous years, and the demand for space is still high, says Walter Herz. 
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News - Office building in Plovdiv secures LEED certificate
20
Mar
2023

Office building in Plovdiv secures LEED certificate

by Property Forum
Office Park Plovdiv has become the first office building with a Gold LEED Certificate for sustainable construction in the city.
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News - Retail leads green certification efforts in Romania
17
Mar
2023

Retail leads green certification efforts in Romania

by Property Forum
With a share of 70-80% of the total building stock, the retail sector in Romania has the biggest number of projects that have received green certifications, followed the industrial and office projects, according to real estate consultancy Colliers. 
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News - Warsaw’s Wspólna 47/49 office building is fully leased
15
Mar
2023

Warsaw’s Wspólna 47/49 office building is fully leased

by Property Forum
Yareal Polska has completed the commercialisation of Wspólna 47/49 boutique office building. In 2022, the company leased out more than 4,000 sqm of available office space, with Enervigo, “Future For Ukraine” Foundation, and a representative of the European institutions' sector added to the building’s tenant roster. This means that the building, located in the very heart of Warsaw, at the junction of Wspólna and Marszałkowska streets, is now 100% leased. 
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News - Sutherland Bulgaria moves to new office in Sofia
13
Mar
2023

Sutherland Bulgaria moves to new office in Sofia

by Property Forum
The new office is located in the Balkan Business Center, near Tsarigradsko Shose Boulevard. The building is powered by 100% renewable energy sources and holds certificates of excellence in sustainable and green construction and energy efficiency.
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News - Low-cost ESG measures can’t bring significant improvement
13
Mar
2023

Low-cost ESG measures can’t bring significant improvement

by Property Forum
Nearly all players in the commercial real estate market share the view that the pressure is growing on corporate leaders to have an ESG-compliant stock and operation. But the majority of them stop at „E” i.eg. being more energy efficient and environmentally friendly. This was one of the takeaways of last week’s Budapest ESG Meetup, organized by Property Forum in partnership with workcloud24.
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Latest news


New leases

  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
  • Greek jewelry designer Anna Maria Mazaraki has opened her first Romanian store in Bucharest-based ParkLake Shopping Center. The transaction for the new location was brokered by Cushman & Wakefield Echinox.
  • Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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