The vacancy rate in the Czech Republic industrial market reached 4.2%, having decreased by 96 bps since Q4 2015. The Industrial Research Forum has announced its final industrial market figures for Q1 2016.
Vacancy rates have further declined on the Budapest office market as a result of modest development activity and strong demand from tenants. The Budapest Research Forum has published its quarterly office market analysis.
A new entertainment and integration space, Pixel XL, has been created at Olivia Prime B office building in Gdańsk. It covers an area of more than 1,000 sqm.
During Romania’s presidential elections, the OSCE temporarily rented 840 sqm of office space at NOVA Instant Office Solutions, located in Bucharest-based Excelsior building. The lease was brokered by Fortim Trusted Advisor.
Cineplexx Romania will open a state-of-the-art multiplex cinema concept that will be integrated in Iulius’ Rivus Cluj-Napoca, the urban regeneration project that is currently in the final permitting phase.
New appointments
Trei Real Estate Poland expands its management board - Jacek Wesołowski and Paweł Gołuchowski are joined by Mariusz Cegielski and Dariusz Węglicki. The company announces "dynamic growth in the residential and retail segments".
At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.
Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
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