Property investment group Wing has fully completed the Liberty mixed-use project in Budapest after delivering 20,000 sqm of offices in the second phase.
Budapest has been named the best ‘workcation’ city in the world, beating competition from the likes of New York, Berlin and Singapore, according to IWG’s second Work from Anywhere Barometer.
Recorde Asset Management, the real estate fund management arm of Concorde Group, in close strategic cooperation with Forestay Group, is investing in the Móricz Student Living student residence and office building.
Total demand for office spaces in Budapest was up 21% year-on-year to 238,400 sqm, of which net take-up accounted for 105,860 sqm, according to the Budapest Research Forum (BRF).
Wing will open next year a new 4-star hotel with direct terminal access to the Budapest Liszt Ferenc International Airport. The hotel will be operated under a management agreement with Accor.
CA Immo and Morgan Stanley have signed the prolongation of a long-term lease agreement for around 20,000 sqm in Budapest-based Millennium Tower office buildings I-III.
Enlarged showrooms for three brands - Tommy Hilfiger, Calvin Klein and Marc o'Polo - have opened in the Wrocław Fashion Outlet. The space they occupy has increased by a total of 500 sqm
P3 Logistic Parks has leased the last available space in P3 Łódź City III. Rock Communication will occupy 9,290 sqm of manufacturing and warehouse space to be used for production and distribution of fibre optic and power cables.
The tenants of the Galeria Wołomin retail park near Warsaw have been joined by the Tedi chain. The new salon took up an area of over 700 sqm.
New appointments
Ghelamco Invest has announced the reorganisation of its board of directors. Jarosław Zagórski, Joanna Krawczyk-Nasiłowska, Arnold Neuville, Jarosław Fiutowski, Damian Woźniak and Rafał Gierczak resigned as members of the company's board. As a result, the board consists of Paul Gheysens, Michael Gheysens, Marie-Julie Gheysens, Christiaan Heggerick and Jarosław Jukiel. This reduced number of board members (from 11 to 5) is expected to streamline the decision-making process, allowing all stakeholders to focus on their core roles.
Joanna Bieniek has taken up the position of Head of Leasing at Galeria Askana in Gorzów Wielkopolski (Western Poland). Prior to joining the Galeria Askana team, she headed the leasing department at
Cream Property Advisors.
Balint Szécsényi has resigned as a member of GTC's supervisory board with immediate effect. The resignation was announced by the company's Board of Directors.
ABOUT US
Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.
