ARTICLES LABELLED WITH TAG tenant

News Tenant representation - An ethical landmine?
11
May
2017

Tenant representation - An ethical landmine?

by Ákos Budai
Tenant representation is becoming an increasingly common phenomenon on the office markets of Central Europe, which is without a doubt a sign of a healthy, growing and more educated market. Their activity, however, often raises ethical questions as it’s still often unclear who pays for their services. Conflict of interest in tenant representation has been one of the key topics of two regional events: the Property Forum - RICS Prague Property Summit 2017 and the latest RICS Hungary Tea & Talk in Budapest.
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News Strong year ahead for Poland’s retail market
18
Apr
2017

Strong year ahead for Poland’s retail market

by Ákos Budai
Poland’s retail market is likely to grow by 511,000 sqm of space in 2017, including 388,000 sqm in the shopping centre format alone. JLL summarized Q1 2017 on the retail market in Poland. 
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News Prologis Park Prague-Airport building fully leased
31
Mar
2017

Prologis Park Prague-Airport building fully leased

by Ákos Budai
Prologis announced that it has signed two new lease agreements totalling 12,100 square metres at its second speculative development at Prologis Park Prague-Airport. The park is now 100-percent leased.
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News Łódź office market attracts new tenants
15
Mar
2017

Łódź office market attracts new tenants

by Ákos Budai
In recent years, Łódź has enhanced its position as an important destination for companies from the business services sector in Poland. Numerous global brands, such as Accenture, Fujitsu Technology Solutions, Infosys, TomTom and Xerox, have established their business services units in Łódź. JLL summarised 2016 on the office market in Łódź.
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News Immofinanz rents over 80,000 sqm of office space in Bucharest
28
Feb
2017

Immofinanz rents over 80,000 sqm of office space in Bucharest

by Ákos Budai
Immofinanz rented approx. 80,000 sqm of office space in Bucharest during the abbreviated 2016 financial year. That represents more than 40% of the total standing office portfolio in Romania. These transactions are expected to increase the occupancy rate in the office sector in Romania from roughly 88% to more than 94%. New rentals and expansions accounted for roughly 47,000 sqm or 60% of the rented space, while the remainder represents contract extensions. 
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News CA Immo leases 12,000 sqm office space in Budapest
23
Feb
2017

CA Immo leases 12,000 sqm office space in Budapest

by Ákos Budai
CA Immo has concluded rental agreements for around 12,000 sqm of office space in Budapest. The agreements include new rentals as well as contract extensions and expansions of existing tenants.
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News Skanska scores key tenant for new Budapest development
15
Feb
2017

Skanska scores key tenant for new Budapest development

by Ákos Budai
IT Services Hungary, the largest ICT employer of Hungary has decided to move its Budapest site to Skanska’s Mill Park, from Q2 2018 and will occupy approx. 17,300 sqm in the second phase of the complex. In the leasing process, ITSH was advised by Colliers International.
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News Echo Investment welcomes new tenant in Kraków
17
Jan
2017

Echo Investment welcomes new tenant in Kraków

by Ákos Budai
EPAM, an international company which is involved in the development of software and implementation of IT projects, has leased an office area of nearly 3,500 sqm in O3 Business Campus which is being developed by Echo Investment in Kraków. CBRE advised EPAM in the leasing process.
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News Logicor secures new tenant in Poznań
16
Jan
2017

Logicor secures new tenant in Poznań

by Ákos Budai
Aluplast sp. z o.o., a supplier of PVC window systems, has signed a lease for 10,000 sqm of warehouse and manufacturing space at the Logicor Poznań III distribution centre. Cushman & Wakefield represented the tenant in the lease negotiations.
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News New building leased in P3 Bucharest
13
Jan
2017

New building leased in P3 Bucharest

by Ákos Budai
Altex, one the largest retailers of electronics, home appliances, IT&C and multimedia products in Romania, has doubled its lease in the P3 Bucharest industrial park by signing a new contract for 15,000 sqm of warehouse space. 
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Latest news


New leases

  • Cushman & Wakefield brokered the lease of a prominent four-storey unit of 5,500 sqm retail area in Prague on Wenceslas Square to HalfPrice, a Polish off-price brand retailer, part of the CCC Group. HalfPrice's flagship store in Prague will be the company's largest store in the world.
  • The global healthcare company, Falck, has chosen the Skyliner in Warsaw, owned by the Karimpol Group as its new office for their IT department in Poland. It will occupy nearly 1,500 sqm of space.
  • A new tenant has moved into Kraków's V.Offices office building. Imperial Brands Services has signed a lease for nearly 1,600 sqm of space. The building's owner, AFI Europe, was represented in the transaction by experts from Knight Frank, while the tenant was represented by the CBRE agency.

New appointments

  • In September, Michal Berski took up the position of head of the warehouse sector at CBRE Poland. He has been with the company for over 10 years. In his new role, he manages strategy and the development of all business lines within the warehouse and industrial sector.
  • Slawomir Czarnecki is the new president of Grupa Muszkieterów and ITM Poland. He has replaced David de Bosschère. The new CEO is the owner of the Bricomarché shop in Świecie and has many years of experience in trade, as well as in the Group's internal structures.
  • LCP Properties, a developer in the Polish retail park market, is continuing to strengthen its organisational structure. Andrzej Plit has been appointed as the new Finance Director. Meanwhile, for the LCP-owned EMKA shopping centre in Koszalin, Daria Kokowska became the new Shopping Center Director.

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