The Hungarian construction industry experienced a mixed performance in 2024, with the final quarter showing a significant increase in the value of started projects, largely due to the Mohács Danube Bridge project.
Construction works in Hungary started during H1 2024 fell by 11% compared to the same period of last year, according to the latest EBI Construction Activity Report prepared by Eltinga, Buildecon and iBuild.
Shire-Beyond Coworking, a brand offering premium serviced office spaces, has leased approximately 1800 sqm of space in the Unity Tower building in Kraków (southern Poland). The transaction involved office space located on the 22nd, 23rd, and 24th floors, the three top office floors in the building.
The Apart brand jewelry store in the Cetrum Serenada retail centre in Kraków will be larger. The jewellery chain will enlarge its premises by an additional 40 sqm and will ultimately occupy 160 sqm. The opening of the store in its new layout is planned for the first half of this year.
Jingdong Logistics, a subsidiary of JD.com has secured a lease of 9,600 sqm of modern warehouse and office space at MLP Pruszków II. The tenant will commence operations at the site in March, while full facility availability is anticipated by July 2025. Jingdong Logistics was represented in the transaction by BNP Paribas Real Estate Poland.
New appointments
Tomasz Chojnacki has taken up the position of Deputy Head of the Office Department of CBRE Poland. In his new role, he is responsible for the management and development of the office sector and the development of a coherent business plan for all services for clients in this market segment.
Mantor E2K, a company specialized in industrial and logistics constructions, has appointed Radu Vlad as its Business Development Manager. He brings over 20 years of experience in industrial and real estate project development to the role, having coordinated projects with a combined value exceeding €180 million.
At the beginning of February, Michał Chodecki became the head of the Warehouse & Logistics department of Savills Poland. The new director is responsible for the strategy and direction-setting of this business line and building relationships with key clients.
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