Austrian property investor Immofinanz has opened its first coworking space in Bucharest, under the mycowork brand, the flexible office component of myhive. 

The centre-west area of Bucharest has become a main office hub, with a total stock of 614,600 sqm estimated for 2022. This year, the area near Politehnica University will surpass the existing stock from Floreasca-Barbu Văcărescu, which has been the main office hub in Bucharest during the past eight years, according to data from real estate consultancy Cushman & Wakefield Echinox.

Smart office startup Nooka Space aims to develop its Romanian network through partnerships with property developers and hospitality operators.

Hungarian pharmaceutical giant Richter Gedeon will get a brand new HQ in Budapest. The handover is planned for the end of 2023.

The construction of the P180 office building, Skanska's investment, located directly next to the Wilanowska metro station in Warsaw, is entering its final phase. A symbolic topping out of the building signifies the end of construction works. The project will ultimately provide 32,000 sqm of office space. The building is scheduled to be commissioned in September 2022.

GTC is set to further develop the Matrix Office Park in Zagreb by adding another building to the complex. The third building, Matrix C, which received a building permit earlier this year, will be the newest extension to the business centre. Just like the previous two, Building C is meant to provide innovative office space, while maintaining a high ecological standard for an international tenant mix. The shell & core of the building is scheduled for completion in Q2 2023 ready for the fitting out of tenant areas.

The two office towers of Global Office Park developed by Cavatina in Katowice have been awarded an occupancy permit.

With the fifth building of the High5ive complex in Kraków receiving its occupancy permit, the entire project is coming to an end. It has provided 70,000 sqm of office space to the local office market.

Hungarian Indotek Group has purchased Băneasa Business Center, located in the northern business center of Bucharest, with nearly 10,000 sqm of leasable space for an undisclosed sum. 

There are still fewer leased and built offices than two years ago, but there is an upward trend in the office sector. Last year, some regional markets saw a sizable increase in demand, even compared to 2019, Walter Herz reports.