News - UniCredit extends large lease in Bucharest office building
12
Sep
2023

UniCredit extends large lease in Bucharest office building

by Property Forum
UniCredit Romania has inked a deal with Globalworth for the extension of its lease agreement in the UniCredit HQ building by 2030. The bank has been occupying the building with a leasable area of 17,400 sqm since its opening in 2012. 
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News - Law firms are desired office tenants in Poland
12
Sep
2023

Law firms are desired office tenants in Poland

by Property Forum
Law firms are among the most active office tenants. They have for years shown a strong preference for central HQ locations, trophy offices and a high standard of finish, reveals the latest research from Savills.
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News - New office building in Žilina gets put into operation
12
Sep
2023

New office building in Žilina gets put into operation

by Property Forum
The Obchodná office building, which is part of the new NordCity zone in Žilina, a town in the north-west of Slovakia about 200 km from Bratislava, has been approved and put into operation. Among its largest tenants are international companies Siemens, BeLenka, Ipesoft and GoodRequest. Behind the construction of the entire zone is the developer Reinoo whose owner is entrepreneur Milan Dubec. 
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News - Brno and Ostrava record higher office vacancy rates
12
Sep
2023

Brno and Ostrava record higher office vacancy rates

by Property Forum
In the first half of 2023, a total of 24,600 sqm of new office space was delivered to the Brno office market. Ostrava saw the delivery of no new office space, but the one that is under construction should be completed by the end of the year. The vacancy rate in the Brno office market in H1 2023 increased to 14.6% and in the Ostrava office market up to 7.8%, reports the Regional Research Forum (RRF).
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News - New CTP office building In Ostrava secures first tenant
08
Sep
2023

New CTP office building In Ostrava secures first tenant

by Property Forum
IT company ITIXO has signed a lease agreement for office space in the IQ Ostrava building. It has thus become the first new tenant of one of the most modern office buildings in the Czech Republic, belonging to the developer CTP. CTP is also the originator of the popular Clubco coworking centre concept, which will be available in IQ Ostrava this autumn.
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News - Penta completes Zaha Hadid-designed building in Prague
06
Sep
2023

Penta completes Zaha Hadid-designed building in Prague

by Property Forum
The office building in the very centre of Prague, Masaryčka, which bears the personal handwriting of the world-famous architect Zaha Hadid, has been duly approved. The new building, which was built by Penta Real Estate, is now being occupied by its first tenants.
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News - Renegotiations mean savings on Poland's office market
05
Sep
2023

Renegotiations mean savings on Poland's office market

by Property Forum
Anna Szymańska, Head of the Office Department at Newmark Polska, summarised how to renegotiate a lease to profit from it throughout its term, what to focus on, what not to miss, how to tackle costs and why it makes sense to engage professional advisers in renegotiations.
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News - Bucharest office rents up 16% over 12 months
31
Aug
2023

Bucharest office rents up 16% over 12 months

by Property Forum
Office rents in Bucharest rose by up to 15.8% in the 12 months to June 2023, with the highest prices recorded in the CBD area of the city, according to a report by Cushman & Wakefield Echinox. 
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News - Craft by Ghelamco in Katowice is ready
30
Aug
2023

Craft by Ghelamco in Katowice is ready

by Property Forum
Craft, the latest project by Belgian developer Ghelamco in Katowice, has been granted an occupancy permit, thereby adding 26,700 sqm of office space to the local market.
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News - Wing's Liget Center to get facelift in Budapest
29
Aug
2023

Wing's Liget Center to get facelift in Budapest

by Property Forum
A new building, Liget Center Vitrum, will join the existing office buildings, Liget Center Classic and the iconic Auditorium. At the same time, the visual identity is being updated: it will be modern and distinctive while reflecting the history of the building complex.
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Latest news


New leases

  • TriGranit has finalized a lease extension with Mondelez Europe Services to remain in the Signum Work Station building through 2032. Facilitated by broker CBRE, the agreement secures nearly 4,000 sqm of office surface for the global snacks group member within Warsaw’s Mokotów district.
  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.

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