ARTICLES LABELLED WITH TAG office

News HB Reavis completes West Station I in Warsaw
03
Nov
2016

HB Reavis completes West Station I in Warsaw

by Ákos Budai
Construction of the first of two West Station office buildings, located in the immediate vicinity of the new Warszawa Zachodnia railway station, has completed. The complex, seen from both Jerozolimskie Ave. and all passing trains, will soon welcome its first occupiers. Its developer, international real estate company HB Reavis, signed a loan contract to refinance the project.
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News V17 office building opens in Budapest
26
Oct
2016

V17 office building opens in Budapest

by Ákos Budai
V17, a new office building located at the beginning of the Váci corridor in Budapest has officially opened. The seven-storey sustainable building offers nearly 13,000 square meters Class A office space, most of which is let to E.ON Hungary Zrt. for long term. V17 is owned by Torony Ingatlan Befektetési Alap represented by Diófa Alapkezelő Zrt., and was developed by Hungarian commercial real estate developer WING Zrt. Building V17 required a HUF10 billion investment.
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News Skanska’s Łódź office building secures first tenant
25
Oct
2016

Skanska’s Łódź office building secures first tenant

by Ákos Budai
The Polish unit of Swedish IT company Cybercom has leased over 2,500 sqm of space in the Nowa Fabryczna office building developed by Skanska in the city of Łódź. JLL advised Cybercom on the leasing process.
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News Office developers go green in Budapest
21
Oct
2016

Office developers go green in Budapest

by Ákos Budai
Today one quarter of modern office buildings in Budapest have a sustainability evaluation certification, and even among the older office buildings a growing number apply new technologies. Almost all new real estate entrants offer architectural and environmental management solutions to their future tenant, says a report by CBRE.
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News Horizon Development builds on Budapest’s Váci Road
21
Oct
2016

Horizon Development builds on Budapest’s Váci Road

by Ákos Budai
Horizon Development has laid the cornerstone for its new office project. Promenade Gardens, located on Budapest’s Váci Road, is expected to be completed in Q4 2017.
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News It’s time to look beyond Bucharest!
20
Oct
2016

It’s time to look beyond Bucharest!

by Ákos Budai
Romania has significantly strengthened its position as a favourable investment destination within Central & Eastern Europe and unlike other countries in the region, the Romanian property market is not entirely dominated by its capital city. Although investors and developers are most active in Bucharest, secondary and even tertiary cities have a lot of potential as well, and several companies have decided to explore what these regional hubs have to offer. 
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News New office buildings push vacancy up in Budapest
18
Oct
2016

New office buildings push vacancy up in Budapest

by Ákos Budai
The vacancy rate has increased for the first time in two years on the Budapest office market in Q3 2016. Still, net absorption reached a positive volume, reflecting a healthy market environment. The Budapest Research Forum has published its quarterly office market analysis.
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News Futureal Group starts new office development in Budapest
17
Oct
2016

Futureal Group starts new office development in Budapest

by Ákos Budai
Futureal Group is extending its portfolio with a new office building. Located at the Váci office corridor, Advance Tower is the second phase of the group’s ongoing project that involves the development of nearly 100 square meters of office space in the capital. 
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News Poznań’s Maraton secures new tenant
17
Oct
2016

Poznań’s Maraton secures new tenant

by Ákos Budai
Sii has leased over 3,400 sqm of space from Skanska in Poznań’s Maraton office building in order to design an office for both its current team and 200 new specialists who will be employed by the end of 2018. 
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News M7 raises €35mn for CE fund and buys Prague office building
17
Oct
2016

M7 raises €35mn for CE fund and buys Prague office building

by Ákos Budai
M7 Real Estate, a pan-European investor and asset manager, has raised its first Central European fund. M7 Central European Real Estate Fund I (M7 CEREF I) has received investor commitments from a number of family office and high net worth individuals totalling over €35 million to be deployed in the region. Following this initial raise, M7 CEREF I has acquired Oregon House in Prague. 
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Latest news


New leases

  • Delivery firm Cargus has leased 3,000 sqm for a new warehouse in CTPark Sibiu. Across Romania, Cargus has 20,000 sqm of warehouse spaces leased in CTP projects.
  • Decerto IT company has taken 850 sqm on the fourth floor of the Lumen office building in Warsaw.
  • Poznań's Andersia Tower is expanding its tenant portfolio. Recruitment company Hays Poland has taken a 260 sqm office space in the building. The Sempire agency, part of the Shoper group, has decided to lease 600 sqm.

New appointments

  • Maciej Kamiński joins the Axi Immo Services team as Head Of Business Development. His main task will be formulating and implementing business development strategies and negotiating and concluding contracts in the company's business area.
  • Polski Związek Firm Deweloperskich (Polish Association of Property Developers) elected new authorities at its general meeting in Katowice. Maciej Wandzel was elected chairman of the board. He will replace Grzegorz Kiełpsz, who became honorary president of the PZFD.
  • 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.

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