ARTICLES LABELLED WITH TAG u-center
23
Oct
2023
Oct
2023
CBRE to manage U-Center 1 office building in Bucharest
Pavăl Holding has appointed CBRE as manager of its U-Center 1 office building. The manager will oversee all aspects of the property in relation to tenants, subcontractors, and authorities.
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21
Sep
2023
Sep
2023
Forte Partners completes new office building in Bucharest
Romanian developer Forte Partners has delivered the second phase of its U•Center 2 office project in Bucharest. The building has a leasable area of 35,000 sqm and 28,000 sqm have already been occupied by office and retail tenants.
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25
Jan
2023
Jan
2023
Office demand in Bucharest stays flat in 2022
Demand for office space in Bucharest was flat at 286,100 sqm in 2022 compared to the previous year, while the vacancy rate fell slightly to 12.54%. Demand was driven by the IT sector, which had a share of more than 25% of the office leasing market, according to JLL Romania.
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19
Jan
2023
Jan
2023
Office demand in Bucharest up 13% in 2022
Demand for new offices in Bucharest rose by 13% in 2022 compared to the previous year, with 332,922 sqm of spaces leased in the city during the past year, according to real estate consultancy Fortim Trusted Advisors.
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01
Nov
2022
Nov
2022
Pavăl Holding buys office project in Bucharest
Pavăl Holding, the investment vehicle of the Pavăl family, has purchased first phase of the U•Center office project in the Tineretului area of Bucharest from Romanian developer Forte Partners for an undisclosed sum.
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12
Apr
2022
Apr
2022
Forte Partners gets green power for Bucharest offices
Romanian developer Forte Partners says that all its office projects in Bucharest are powered solely by renewable energy as part of its sustainability strategy.
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07
Apr
2022
Apr
2022
Bucharest office stock reaches 3.27 million sqm in Q1 2022
The office market in Bucharest expanded by 73,500 sqm to a total stock of 3.27 million sqm at the end of the first quarter of 2022, while leasing activity expanded by 44% compared to the first quarter of 2021, according to CBRE.
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Latest news
- Offices are back and Poland’s growth engine is still running
- Matexi Polska raises €25 million through bond issue
- SCF enters Romania with €40 million retail park deal
- Strabag acquires Romanian railway firm Bawi Construction
- Logistics continues to lead the market
- CTP attracts first tenants in Plzeň redevelopment project
- Panattoni secures financing for Poznań logistics park
- Panattoni starts industrial project in Prague
- Europe looks more attractive to investors compared to US
- Arcona Capital and Reino Group launch pan-European investment platform
New leases
- Banca Transilvania has renewed its lease for 1,200 sqm in AFI Park Timișoara, in a deal brokered by Cushman & Wakefield Echinox.
- Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.
- Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.
New appointments
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
- BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
- Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
