ARTICLES LABELLED WITH TAG office

The office market in Central and Eastern Europe shows signs of solid growth and recovery, supported by the region's strong economic fundamentals and rising investor confidence, say experts from JLL and iO Partners in their latest report.

Amundi Czech Republic has announced the sale of the office building The Square, directly above the Budějovická metro station in Prague. The new owner is Mint Investments.

Office fit-out costs in Prague are still competitive despite rising construction costs and higher demand for modern work environments. According to the latest report from Cushman & Wakefield EMEA Fit Out Cost Guide Prague's offer of high-quality office spaces is at more favourable prices compared to other European cities.

Martley Capital has completed the sale of Mazovia Plaza, an office building located in the Praga Północ district of Warsaw. The buyer and the price have not been revealed.

Office buildings with coworking and serviced offices are more likely to attract tenants. Flexible workspaces are used by corporations, small companies, and start-ups alike, according to Newmark Poland. 

Scott.Weber Workspace has leased new premises in the heart of Prague's Smíchov district, which is fast becoming an important centre of the capital. 

The CEE Student Housing Fund of 1 Asset Management has secured a project finance loan of over PLN 150 million from mBank S.A. The financing will support the transformation of 21,000 sqm within the A-class Lipowy Office Park, located in Warsaw’s Ochota district, into coliving spaces tailored for young professionals and students.

Romanian textiles maker Brainconf is looking to start an urban reconversion project on a land plot it owns in Brăila.

Bucharest's office market has experienced last year its lowest level of new space delivered in the past two decades, according to a recent report by Colliers. 

Greenstone, a private equity fund, has finalized the acquisition of the remaining 20% stake in the Format office building from Torus, becoming the sole owner of the property. This follows Greenstone's initial purchase of an 80% stake in Format in May 2024. Just like in the first transaction, the seller was supported in this process by Cushman & Wakefield. The value of the deal has not been disclosed.