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News Revetas Capital opens first phase of Budapest office development
07
Sep
2022

Revetas Capital opens first phase of Budapest office development

by Property Forum
The first phase of the Millennium Gardens office building has opened its doors with an occupancy rate of over 90%, following an investment of €150 million from Revetas Capital for the development of the North Tower. Millennium Gardens is part of the portfolio of assets of Revetas Capital in Hungary, the pan-European real estate investment advisor that also manages 12 retail parks across the country. The project is being developed by TriGranit, which has more than 20 years of experience and has successfully implemented more than 50 landmark projects.
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News Karolkowa Business Park to keep a key tenant for longer
06
Sep
2022

Karolkowa Business Park to keep a key tenant for longer

by Property Forum
Krajowy Ośrodek Wsparcia Rolnictwa (KOWR) has renewed its lease agreement at the Karolkowa Business Park office building, owned by the Menora Group, Shikun&Binui Group and M&A Capital. According to data from the Polish Chamber of Commercial Real Estate, ​the renegotiation of the 10,000 sqm contract is one of the largest transactions in the Warsaw office market for Q2 2022.
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News Skanska leases offices to DBH Group in Hungary, Romania
06
Sep
2022

Skanska leases offices to DBH Group in Hungary, Romania

by Property Forum
DBH Group, a Dutch-based international corporation, focusing on venture capital, flexible infrastructure & corporate services, has leased office spaces in two buildings owned by Skanska in Romania and Hungary. 
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News Advance Tower in Budapest secures WELL certification
05
Sep
2022

Advance Tower in Budapest secures WELL certification

by Property Forum
Advance Tower, located on Budapest’s Váci Road office corridor, has become the latest office building to receive a WELL certification. With the International WELL Building Institute’s (IWBI) recent acknowledgement, two out of the three already WELL-certified office complexes in Hungary were developed by Futureal. Since 2020, Advance Tower has been part of Erste Open-Ended Euro Real Estate Investment Fund’s portfolio.
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News European office take-up is 11% above the 5-year average
05
Sep
2022

European office take-up is 11% above the 5-year average

by Property Forum
According to Savills latest research, take-up in the European office market in H1 2022 reached 4.3 million sqm, 11% above the five-year H1 average.
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News LaSalle launches mixed-use project in Prague's centre
01
Sep
2022

LaSalle launches mixed-use project in Prague's centre

by Property Forum
LaSalle Investment Management (LaSalle) launched the development of a new premium retail and office centre, 100YARDS on the iconic Na Příkopě street in Central Prague. The project will transform three separate buildings into one mixed-use complex which will feature a landmark new shopping destination and premium office space. The opening is planned for the second half of 2024, the company says.
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News Immocap and Wood & Co to open office complex in Bratislava
30
Aug
2022

Immocap and Wood & Co to open office complex in Bratislava

by Property Forum
The Lakeside Park 02 office complex in Bratislava's Nové Mesto has already been approved and the first tenants will start moving in this September. The building is the result of cooperation between Immocap and WOOD & Company. The successful approval of the complex was announced by the developer Immocap.
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News Romanian proptech starts partnership with CA Immo Hungary
30
Aug
2022

Romanian proptech starts partnership with CA Immo Hungary

by Property Forum
CA Immo Hungary will use a 3D Digital Twin based solution developed by Romanian startup Bright Spaces. CA Immo will have five of its office buildings showcased and managed through virtual web-based platforms, emphasising its readiness to adapt the leasing and marketing process in response to the needs of today's clients.
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News Cavatina sells three office properties in Poland
24
Aug
2022

Cavatina sells three office properties in Poland

by Property Forum
Affiliates of Lone Star Funds have acquired a real estate package from Cavatina Holding S.A. After announcing their intention to go ahead with the deal in June, the parties managed to quickly bring it to a conclusion. Carbon Tower in Wrocław, Ocean Office Park A and Tischnera Office in Kraków offer a total of nearly 66,000 sqm of GLA with an average lease rate of approx. 90%. The deal amounted to more than €139 million.
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News CTP starts construction of office building in Brno
19
Aug
2022

CTP starts construction of office building in Brno

by Property Forum
CTP has officially launched the construction of a CZK 1.5 billion office building which will close the first stage of the Brno Ponávka complex development and will offer its tenants state-of-the-art technological, and environmentally sustainable solutions. At the same time, a modern urban park worth CZK 30 million is being built in the complex, as a cooperation between the developer and the City of Brno, as well as the third part of the cycle path connecting the Ponávka and Vlněna complexes.
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Latest news


New leases

  • IT company Sopra Steria Polska will change its Katowice address in 2026 - the company has signed a lease for 4,000 sqm of office space in the Grundmann Office Park A building, owned by Cavatina Holding.
  • The Irish Embassy in Poland will remain in its current location in the Liberty Corner building in Warsaw for the next ten years. It occupies 750 sqm of office space. JLL advised the tenant during the negotiations.
  • Arla Global Shared Services will move its local headquarters to the Punkt office building in Gdańsk. The company has leased nearly 10,000 sqm of space, to which it will move in early 2026.

New appointments

  • AG Capital has appointed Ivaylo Vatev as CFO. He has previously worked in management roles for Aurubis Germany and PwC.
  • Colliers has announced the appointment of Grzegorz Sielewicz as Head of the Economic and Market Analysis Department for Central and Eastern Europe (CEE). His role will cover Bulgaria, the Czech Republic, Hungary, Poland, Slovakia, and Romania.
  • Genesis Property has appointed Flavia Schoech as COO, tasked with leading the development and alignment of the operational strategy of the developer.

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