ARTICLES LABELLED WITH TAG JLL

IBM Hungary is relocating its headquarters to Corvin Quarter in Budapest. The tech company will be moving into Futureal’s Corvin Innovation Campus in a phased co-location starting in 2023.

Reduced market entry thresholds, a simplified qualitative assessment of investment projects, and a higher level of support in selected locations are the major changes in the government's grant programme that could attract more business services investors to Poland.

JLL has been appointed the exclusive agent responsible for the lease of the Lakeside office building. The investment project is owned by the Belgian real estate development company Atenor.

According to JLL experts. the uncertainty caused by the pandemic has directed investors' attention to strategies based on nearshoring. The beneficiary of this trend, just as a decade ago, may be Poland.

The intensive development of the Polish housing market, and the great interest of global investment capital in Poland, are boosting consolidation and acquisitions. News of the sales of several large, well-known development companies has recently been of much discussion in the Polish housing market, and according to JLL experts, this trend looks set to continue.

Astonishing gross take-up totalling 1.6 million sqm is the best ever quarterly result for Poland’s industrial market. Developers are also maintaining the pace with 2.3 million sq m under construction. Advisory company JLL summarises Q1 2021 on the industrial market in Poland.

Tétris, international designer and fit-out provider of office, industrial and retail space, belonging to the portfolio of JLL, has promoted Tomáš Pfeifer to the position of Creative Director for the EMEA region.

The pandemic has translated into a more cautious approach on the market along with lower office demand. Although office development in Poland is at its lowest level for eight years, regional markets are holding their ground with 800,000 sqm under construction. Advisory company JLL summarises Q1 2021 on the office market in Poland.

Tétris, a designer and implementer of office and retail space, that belongs to the portfolio of real estate consulting company JLL, has a new CEO of its Prague branch. Lucie Loudová, who was hired as the company's business development director in 2019, is now taking over the directors’ position as well.

Residential developers operating in Poland's largest markets broke the quarterly sales record set in 2017. Sales of new apartments reached 19,500 and were up 40% q-o-q. Continued demand oversupply is pushing prices up further.