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News - Atenor is open to Romania's regional cities if opportunities arise
29
Jun
2023

Atenor is open to Romania's regional cities if opportunities arise

by Ovidiu Nicolae
Viorel Lăcătuș, Country Manager in Romania for Atenor, talked to Property Forum about the company’s ongoing residential and office developments in Bucharest and the growing interest of tenants for the sustainability certifications of buildings.
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News - Skyliner in Warsaw signs green energy for another three years
29
Jun
2023

Skyliner in Warsaw signs green energy for another three years

by Property Forum
Warsaw’s Skyliner office building has extended its contract which guarantees 100% of electricity from renewable energy sources until 2026. The supplier is the E.ON Group.
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News - Hungary's MBH Bank to build new HQ in Budapest 
28
Jun
2023

Hungary's MBH Bank to build new HQ in Budapest 

by Property Forum
MBH Bank, a newly established Hungarian player in the local financial market, will launch a huge development project aiming to build its new headquarters in the most important office destination. The handover of the first phase is scheduled for Q1 2026.
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News - Darren Allen, Genesis Property: Key factors that earn your employees' commute
28
Jun
2023

Darren Allen, Genesis Property: Key factors that earn your employees' commute

by Property Forum
"We have recently come across Steelcase's recent survey of 58,000 individuals from 11 countries, which has uncovered intriguing insights into what it will take to entice employees back to the office. The findings, both expected and surprising, shed light on the importance of selling rather than imposing a return to the workplace in the current competitive labour market," writes Darren Allen, Director at Genesis Property, for Property Forum.
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News - Warsaw UNIT office building gets WELL Platinum rating
27
Jun
2023

Warsaw UNIT office building gets WELL Platinum rating

by Property Forum
Warsaw UNIT, Ghelamco’s high-rise building is the first building in Poland to be awarded WELL Certification rating at the highest possible level of Platinum.
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News - Bucharest records higher demand for qualitative offices
27
Jun
2023

Bucharest records higher demand for qualitative offices

by Property Forum
The demand for office development or refurbishment projects remains high as more companies are looking for quality workspaces, according to CBRE data.
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News - AFI Europe Romania expects rent increase in Bucharest offices
27
Jun
2023

AFI Europe Romania expects rent increase in Bucharest offices

by Ovidiu Nicolae
Emma Toma, Head of Office Division at AFI Europe Romania, talked to Property Forum about the company’s investment plans in the office, retail and residential areas, as well as the solutions implemented in all projects in the area of sustainability.
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News - Polish office fit-outs to undergo cost optimization
26
Jun
2023

Polish office fit-outs to undergo cost optimization

by Property Forum
Due to the increase in prices of electricity, utilities, services and minimum wage, as well as local taxes and fees, experts from Avison Young Poland are experiencing significant increases in operating costs in office buildings this year. In Warsaw, depending on the class of the property and the components of the operating costs, they have observed an increase ranging from 15% to as much as 30-40%. Tenants are now paying particular attention to the components of the settlement that may vary depending on the building, as well as technological solutions that allow for reducing utility consumption.
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News - Interest in mixed-use projects grows in the Czech Republic
23
Jun
2023

Interest in mixed-use projects grows in the Czech Republic

by Vera Tumova
There is growing interest in mixed-use projects in the Czech Republic. These are spaces that combine offices, shops, housing, and various forms of social activities. Unfortunately, the construction of such spaces in the Czech Republic still lags behind that in neighbouring countries. The main reason for this is the very long building permitting processes. In Poland, for example, it takes only a few months to get a building permit, whereas here it usually takes years.
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News - Show-up rate in offices is higher in CEE compared to Europe
22
Jun
2023

Show-up rate in offices is higher in CEE compared to Europe

by Property Forum
Real estate decision-making and people-centric strategies are becoming more integrated, according to CBRE’s 2023 European Occupier Survey. For the first time, CBRE carried out the same survey for global companies having an operation in CEE to point out major differences in workplace culture across the various geographies.
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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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