Property developer and investor PPF Real Estate has invested close to €1 million in redesigning the ground floor of Metropolis Center, the office building that it owns in central Bucharest. 

Generation Park Y, developed by Skanska in Warsaw’s Wola district, has been awarded the LEED Core & Shell certificate at the Platinum level - an international system of building assessment for energy savings and reduction of water consumption. Consequently, it has an impact on reducing carbon dioxide emissions.

Among four countries – Poland, Romania, Czech Republic, and Hungary, more than half of respondents claimed they work only from the office (52%), according to a survey conducted by Skanska's commercial development business unit in CEE. The number of such office workers increased compared to May 2021, especially in the Czech Republic and Poland. ​The preferred work model has not changed much since then, but in the Czech Republic more people want to work only from the office (22% vs 17% in May 2021).  

As a result of the COVID-19 pandemic most companies switched to remote work and reduced the demand for office space, which is reflected in Colliers “Warsaw Office Zones Guide” report’s data. Thanks to vaccinations and a reduction in the number of COVID-19 cases, in Q2 and Q3 2021 we have seen a gradual return of employees to offices and an increase in tenant activity in the Polish capital.

Office development has slowed down due to property market uncertainty. In the meantime, employees have returned to offices and companies have resumed relocations. The ensuing supply and demand imbalance is likely to result in a supply gap over the coming year or so which will continue at least until 2025, say Cresa agency experts.

ESET, a global leader in cybersecurity, unveiled its plans for the previously announced ESET Campus – an innovation and technology hub based in its headquarters city, Bratislava, Slovakia. The 55,000 sqm campus designed by architectural studio BIG-Bjarke Ingels Group will house the company’s new headquarters and will become a centre of excellence, creating strong cybersecurity, AI and innovation ecosystem for Slovakia and Central Europe.

Half of Romanian employees believe that the office needs to be redesigned to create different areas that give them more flexibility and multiple working options, depending on the type of work and collaboration needs, according to a survey carried out by Romanian developer Genesis Property. 

More expensive offices in Warsaw, is it possible in a pandemic? Walter Herz is trying to answer that difficult question. 

New office spaces with a combined surface of 153,900 sqm have been delivered in the first nine months in Bucharest, of which 107,900 sqm in Q3 alone, according to real estate consultancy JLL Romania. Total deliveries were up 24% year-on-year. 

JLL will be responsible for searching future tenants for commercial premises inside two of Yareal’s largest projects in Warsaw’s Wola and Kamionek districts.