Hagag Development Europe says it has submitted the complete documentation in order to obtain the building permit for the consolidation and restoration works on Știrbei Palace, a historical building located in central Bucharest. 

As more people get vaccinated and offices are reopening, companies need to make a decision on how to manage their workforce. Employees that worked remotely for much of the past year will now circulate between work from home and commuting to the office. But do employees really want to work from home or from the office 5 days a week? CEE-based flex office provider New Work believes that the future belongs to flexible workplaces everywhere and they see demand for hundreds of flex office locations across each country in the region.

Czech industrial developer Contera is entering a new segment and will deliver an office building in the heart of Ostrava. The new project, named Organica, is set to boast intelligent control systems and environmental friendliness, the company announced on LinkedIn.

Local developer Passerinvest Group is preparing its second large-scale project in Prague, Nové Roztyly. The project is to create offices and other jobs for nearly 3,000 people and to provide housing for around 1,500 residents, local daily E15 reports.

A symbolic topping out was hung on the top floor of the third stage of the High5ive complex by Skanska in Kraków. This means that the main construction work has been completed and the building has reached its target height. Already at this stage of construction, the office section of the building has been completely leased out. With the commissioning, which is scheduled for the first quarter of 2022, Krakow will gain over 11,000 sqm of sustainable and modern office space. This is the first Skanska project in the capital of Lesser Poland, which will apply for the prestigious WELL Core&Shell certificate.

After 48 months, the construction of Warsaw UNIT has ended. Ghelamco's newest skyscraper has already got the occupancy permit. The first tenants will be moving in soon.

Local residential developer JRD is entering the commercial segment. The company plans to build its first office project, Viadukt Anděl in Prague 5.

The pandemic has translated into a more cautious approach on the market along with lower office demand. Although office development in Poland is at its lowest level for eight years, regional markets are holding their ground with 800,000 sqm under construction. Advisory company JLL summarises Q1 2021 on the office market in Poland.

New office projects with a combined surface of 220,000 sqm will be delivered in Bucharest this year, up compared with the stock of 155,000 sqm that was finished during 2020, according to Cushman & Wakefield Echinox.

More and more tenants are moving into the recently completed office building in the project of My Place. The second and last office building belonging to the multifunctional project developed by Echo Investment in Warsaw's Dolny Mokotów has become a new location for companies from different industries such as technology, finance, beauty and creative sector i.e. marketing and advertising. KAN, ArsThanea, Synektik, Networks! or Bozza have joined Echo's list of tenants.