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News Inflation and expensive energy will change Poland's office market
19
Oct
2022

Inflation and expensive energy will change Poland's office market

by Property Forum
The next few months will show the extent to which the increase in the costs of renting office space and property maintenance will affect further development of the office sector. Higher costs of running a business will force companies to verify their budget plans, says Robert Pastuszka, Director, Office Agency at Avison Young Poland.
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News Bucharest hits 5-year office delivery low
19
Oct
2022

Bucharest hits 5-year office delivery low

by Property Forum
While Bucharest’s office stock totaled 3.3 million sqm at the end of the third quarter of 2022, there were only five new office buildings completed and just another one will be delivered by year-end, which would make it a 5-year low for the market, according to real estate consultancy CBRE. 
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News New office supply increases significantly in Budapest  
18
Oct
2022

New office supply increases significantly in Budapest  

by Property Forum
In Q3 2022, the volume of new supply in Budapest's office market increased significantly compared to the previous quarter, marking the highest volume since Q2 2020, the Budapest Research Forum (BRF) reports.
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News Office vacancy rate in Warsaw remains stable
13
Oct
2022

Office vacancy rate in Warsaw remains stable

by Property Forum
PINK has published figures on office market in Warsaw for Q3 2022. The data is sourced from advisory companies from the commercial real estate sector (BNP Paribas Real Estate, CBRE, Colliers, Cushman&Wakefield, JLL, Knight Frank, Newmark, Savills) and includes information on modern office stock, new completions, take-up volumes and vacancy rates.
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News Ghelamco to build VIBE in the center of Warsaw
11
Oct
2022

Ghelamco to build VIBE in the center of Warsaw

by Property Forum
Ghelamco officially presented its latest project in the business centre of Warsaw. The office complex named VIBE will comprise of two buildings located next to the other project of the Belgian developer, the Warsaw HUB. 
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News Futureal office project in Budapest reaches highest point
06
Oct
2022

Futureal office project in Budapest reaches highest point

by Property Forum
The second phase of the almost completely contactless Corvin Innovation Campus office building developed by Hungarian firm Futureal has reached its highest point. This part provides 14,310 sqm of office space, and it has been developed according to the energy-cost-sensitive tenants’ needs. 
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News AFI Europe Romania aims to reach carbon neutrality by 2025
06
Oct
2022

AFI Europe Romania aims to reach carbon neutrality by 2025

by Property Forum
Property developer AFI Europe aims to obtain by 2025 the LEED Zero Carbon certification for all ongoing office projects, and also for all future AFI Europe’s projects targeted to be developed in the future in Romania. 
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News One United Properties buys office project in Bucharest
06
Oct
2022

One United Properties buys office project in Bucharest

by Property Forum
Romanian developer One United Properties has purchased Bucharest-based office project Eliade Tower from Eurobank Greece for €9.5 million. The building is located near the company’s mixed-use complex One Floreasca City. 
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News Iulius Town Timișoara office capacity reaches 80,000 sqm
04
Oct
2022

Iulius Town Timișoara office capacity reaches 80,000 sqm

by Property Forum
Iulius Town Timișoara has reached 80,000 sqm of premium office space accommodating 40-plus companies from three continents upon opening United Business Center 0, the fourth office building in the complex. 
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News Skanska’s P180 office building in Warsaw is ready
04
Oct
2022

Skanska’s P180 office building in Warsaw is ready

by Property Forum
Two years after the start of construction, Skanska has completed works on the P180 office building, located at the Wilanowska metro station. The building received an occupancy permit, which means that the Warsaw office market has gained an additional 32,000 sqm of office space. IT specialists from the international Netcompany moved into the newly commissioned office building, which offers the tenant 6,000 sqm of space.
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Latest news


New leases

  • The largest salon of the Ochnik brand in the Podkarpacie region of Poland was opened in the Plaza Rzeszów Shopping Centre. The store occupies an area of over 430 sqm.
  • TRS Warehouse leased 2,500 sqm of warehouse space at Panattoni Park Tricity East I for its operations in northern Poland. Newmark Polska provided assistance in market analysis and lease negotiations.
  • Stay Fit Gym has leased 1,500 sqm in Sheraton Bucharest Hotel for a new fitness centre. The fitness chain aims to reach 100 centres by 2027.

New appointments

  • At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.
  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.

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