ARTICLES LABELLED WITH TAG demand
17
Jan
2018
Jan
2018
Bucharest office take-up reaches 310,000 sqm in 2017
In 2017 the Bucharest office market has posted results close to the 2016 record ones, taking into consideration transactions in Class A and B buildings. 2018 is expected to bring growth and new demand from players that are going to enter the market, but also of the existent ones who will extend or relocate. The annual Knight Frank report – European Commercial Property Outlook – estimates that European commercial property markets enter 2018 with positive momentum.
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20
Nov
2017
Nov
2017
Commercial property in CEE continues to boom, but for how long?
The outlook for Central and Eastern European markets is still positive according to the RICS Commercial Property Monitor. Results for Q3 2017 show that both occupier and investment demand are still on the rise across the region. The peak of the current cycle is, however, undoubtedly getting closer.
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04
Sep
2017
Sep
2017
Unprecedented optimism on CEE investment markets
Occupier and investment sentiment remains positive across all Central and Eastern European countries tracked by the RICS Commercial Property Monitor. Results for Q2 2017 show that Hungary and the Czech Republic continue to post the strongest overall results. The vast majority of respondents expect new investors to enter the market with the presence of local and CEE investors predicted to increase across the region in the year ahead.
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Latest news
- CTP reports record Q1 leasing activity up 83%
- Czech investors shift focus to rental housing and hotels
- Kuehne+Nagel occupies 10,500 sqm facility at Business Park Prague Airport II
- Prize by Radisson opens first Polish hotel in Gdańsk
- Cross-sector collaboration drives urban planning at Tilia Summit in Iași
- Warsaw-based Mennica Towers secures €160 million refinancing deal
- Riverside International School acquires Olympus HQ in Prague
- Ares Management to sell logistics parks in Czechia and Hungary
- Prime Kapital exceeds 1,000 resi units in Iași mixed-use project
- Bratislava office vacancy drops in Q1 2026
New leases
- IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
- Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
- American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.
New appointments
- Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
- Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
- Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
