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News Tenants accept longer office leases only with greater flexibility
30
Apr
2024

Tenants accept longer office leases only with greater flexibility

by Maria Novakova
The changing dynamics of office utilisation and the need to balance efficiency and collaboration are hot topics not only for employers but for office providers as well. Resistance of employees returning to the office environment is still both a concern and a challenge. Office investments and a new age of working were the main discussion points at a dedicated panel of Prague Property Forum 2024.
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News Vastint starts second phase of Bucharest office project
13
Mar
2024

Vastint starts second phase of Bucharest office project

by Property Forum
Vastint Romania will start the development of the second phase of the Timpuri Noi Square project in Bucharest after it secured all permits. 
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News Prague new office supply hits three-year high
23
Nov
2023

Prague new office supply hits three-year high

by Property Forum
In Q3 2023, the Prague office market grew by more than 60,000 sqm of modern offices. This was the best result since mid-2020. No further similar peak is expected in the next three years at least, as no new construction has started for more than a year. Although investors are placing increasing emphasis on the sustainability of buildings, benchmark rental prices are not changing fundamentally, while landlords are trying to attract more generous allowances or longer lease holidays, Colliers reports.
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Latest news


New leases

  • Two new shops, ISpot and Rituals, have opened in the Forum Gliwice shopping centre. A larger Half Price has also started operating. The centre is owned by Deka Immobilien and managed by MVGM.
  • Lux Med Group has joined the group of tenants in Kraków's The Park complex, opening a dental clinic in the office building. The clinic has taken up an area of almost 900 sqm in the B1 building.
  • Flexible office operator CitySpace will launch its fifth location in Warsaw in October. The development in the Nowogrodzka Square office building owned by the French property manager will operate under the name CitySpace Novo and will occupy 2,500 sq m on two floors.

New appointments

  • Pascal Gadet became General Manager of the Radisson Collection Hotel Warsaw on 1st of July this year. A native of the Netherlands, Pascal Gadet has more than 30 years' experience in the hotel industry and has been with the Radisson Group for 20 years.
  • The Office Agency team at Avison Young has gained a new member. Aleksandra Mącik has joined the team as a Consultant.
  • Marcin Kucinski, previously Chief Operating Officer, has been appointed General Manager at Royal Tulip Warsaw Apartments, replacing Rafal Kincer, who took over as CEO of Polski Holding Hotelowy as of 15th of July 2024.

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