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News Office markets outside Prague struggle with rising vacancies
05
Apr
2023

Office markets outside Prague struggle with rising vacancies

by Property Forum
Despite significantly lower prices than in the capital, markets for offices in Brno and Ostrava are struggling with rising vacancies. Other regional markets, however, now offer opportunities for developers, investors or serviced office providers, thanks to the potential of the Hub & Spoke concept. The latter centres around a strategy where companies reduce the size of the main office and then supplement it with smaller spaces in different locations. Alongside that, there is the Flex & Core office space usage concept, which combines a smaller main office with a membership of one or more co-working centres. These options to curb office vacancies are mentioned in a recent survey by Colliers.
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Latest news


New leases

  • Browin has leased nearly 9,400 sqm of warehouse and office space in the Hillwood Łódź Chocianowice building. The company manufactures and sells home-processing alcohol accessories.
  • Two chains - Woolworth (ca. 1,400 sqm) and Xtreme Fitness Gyms (ca. 700 sqm)- have joined the ranks of tenants at the newly emerging Karuzela retail park in Jastrzębie-Zdrój (northern Poland). For both brands, this is their debut in the area.
  • Segro has signed an agreement with TVM Transport & Logistics to lease 1.6 thousand sqm of warehouse space at Segro Park Wrocław.

New appointments

  • Piotr Herian has taken up the position of ISS CFO for Poland and the Baltics. ISS is a leading company in the creation of friendly workplaces and comprehensive facilities management.
  • Paulina Strutyńska has been promoted to the position of Leasing & Asset Director at Skanska’s commercial development business unit. She is now responsible for leasing processes in the Warsaw market as well as Key Customer Management. Agnieszka Krawczyk-Rogowska is responsible for project commercialization and client liaison in Gdańsk, Kraków, and Bucharest, while Marek Stasieńko is responsible for the Wrocław, Poznań, and Łódź markets.
  • The Supervisory Board of Globe Trade Centre S.A. has appointed Balázs Gosztonyi as a member of the Management Board of GTC S.A. Balázs Gosztonyi has held the position of Chief Financial Officer at GTC Hungary since January 2024. He joined GTC Group in September 2023 as Group Controlling Director.

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