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News - Office vacancy rate climbs again in Budapest in Q3 2023
16
Oct
2023

Office vacancy rate climbs again in Budapest in Q3 2023

by Property Forum
The office vacancy rate in Budapest increased to 13.2%, representing a 0.6 pps growth quarter-on-quarter and a 2.2 pps increase year-on-year. Two smaller buildings have been handed over while the demand has increased by 14% compared to the previous quarter, the Budapest Research Forum (BRF) reports.
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News - Contera opens office building in Ostrava
13
Oct
2023

Contera opens office building in Ostrava

by Property Forum
Czech developer Contera has opened Organica office building in Ostrava. The grand opening was attended by representatives of the main client, the Scandinavian company Tietoevry, as well as the Mayor of Ostrava and the Governor of the Moravian-Silesian Region. 
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News - ALFI RE expands investment portfolio in Croatia with Matrix B acquisition
12
Oct
2023

ALFI RE expands investment portfolio in Croatia with Matrix B acquisition

by Property Forum
In a strategic move to strengthen its presence in the Croatian real estate market, ALFI Real Estate Fund (ALFI RE) recently added another gem to its investment portfolio. The acquisition of the Matrix B office building in Zagreb's bustling business district marks a significant milestone for the Fund, propelling its real estate portfolio value to over €100 million.
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News - Garanti BBVA extends office lease in YUNITY Park
10
Oct
2023

Garanti BBVA extends office lease in YUNITY Park

by Property Forum
Garanti BBVA bank has extended its lease in YUNITY Park project for the next five years, maintaining its 7,200 sqm HQ in the building owned by Genesis Property. With the recent transaction, the lender will reach 20 years of constant presence in the same business campus. 
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News - Deloitte renews 12,500 sqm office lease in Oregon Park
10
Oct
2023

Deloitte renews 12,500 sqm office lease in Oregon Park

by Property Forum
Deloitte has renewed the office lease agreement for its three delivery centres spanning 12,500 sqm in Bucharest-based Oregon Park, owned by Lion’s Head.
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News - Faedra Group hands over industrial park in Budapest
04
Oct
2023

Faedra Group hands over industrial park in Budapest

by Property Forum
Hungarian-owned real estate developer Faedra Group has opened its business and industrial park in the Southern part of the capital. The Faedra22 Park, an urban “last-mile” logistics and office facility is fully leased.
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News - Upvest and Lincoln Property Company buy office centre in Prague
03
Oct
2023

Upvest and Lincoln Property Company buy office centre in Prague

by Property Forum
Upvest from Komerční banka Group together with the American real estate firm Lincoln Property Company has bought the Zirkon office centre in Prague 8 from Českomoravská nemovitostní (ČMN). The price of the transaction has not been disclosed.
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News - Where to find investment opportunities in Poland?
03
Oct
2023

Where to find investment opportunities in Poland?

by Property Forum
Just ahead of the Expo Real investment fair in Munich, experts of Avison Young presented an overview of the current situation in the Polish commercial real estate market. 
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News - Nooka Space raises €2 million, names new CEO
03
Oct
2023

Nooka Space raises €2 million, names new CEO

by Property Forum
Workspace startup Nooka Space has announced the appointment of Irina Leca as CEO of the company, as well as the raising of a new investment round worth €2 million. 
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News - JTRE to launch new resi project in Bratislava
03
Oct
2023

JTRE to launch new resi project in Bratislava

by Property Forum
Developer J&T Real Estate (JTRE) will soon start the construction of the Ganz House residential project as part of Bratislava's Eurovea mixed-use district.
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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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