ARTICLES LABELLED WITH TAG office

A JV of Investika – a Czech retail investment fund, and Bud Holdings – a Luxembourg-based private equity company, became the new owner of the entire Face2Face Business Campus in Katowice. Echo Investment signed a sale agreement for the complex comprising two office buildings. The agreed price is about €110 million.

The development, located in the centre of Katowice, will offer nearly 48,000 sqm of office space, more than 1,000 sqm of green terraces, outdoor areas and social spaces. Construction of the building has already begun.

The entire Revolucija office building, developed by Granit Invest, with more than 10,000 square meters of office, retail and garage space, was leased to one company as a tenant, which was advised by CBRE South Eastern Europe.

Slovak developer Corwin has gained the final building permit for its Ljubljana office project Vilharia. Slovenia's large office complex, which will be built on the brownfield area, is now set to start construction at the beginning of 2023. It will bring 36,000 sqm of prime office space into the centre of the Slovenian capital.

Union Investment has sold the Maraton office building in Poznań, to a subsidiary of UNIQA Real Estate, the real estate company of the Austrian insurance company UNIQA Insurance Group AG. The building has been held by open-ended real estate fund Unilmmo: Deutschland since 2017. The purchase price was not disclosed.

West4 Business Hub A, located in Wrocław is now certified WiredScore Platinum. Solida Capital, an investment and development company that entered the Polish Office market recently by acquiring West 4 Business Hub A from Echo Investment decided to upgrade this asset to the best digital and technological connectivity standard.

UDI Group, an international development group with Czech roots, is planning a massive construction in Belgrade, Serbia. It plans to build the Duga project with 2,320 apartments and 40,000 sqm of offices on the site of a former factory for almost €392 million. Construction is expected to start next year, UDI Group reported.

In 2023, offices in Poland will be more expensive, and their availability in the top locations of the largest cities will be lower, says Mateusz Strzelecki, Partner, Head of Tenant Representation at Walter Herz.

Global Business Solutions (GBS), the largest shared services centre of the BAT group that serves BAT subsidiaries at a European and global level, will occupy an area of ​​10,500 sqm in One Cotroceni Park Phase 2. The lease transaction was brokered by Knight Frank Romania. 

Following the previous financing of four phases of the Dock In Office Park in Prague, Deutsche Pfandbriefbank (pbb) and Helaba have jointly underwritten an investment facility, totalling €63 million to refinance “Dock In Five”, the last addition to the Dock project developed by Crestyl Group. pbb and Helaba acted as joint lead arrangers and provided equal portions of the funding; pbb also acts as the facility and security agent for the transaction.