ARTICLES LABELLED WITH TAG leasing

News Evo Properties mixed-use project in Bucharest to host 4-star hotel
12
Nov
2024

Evo Properties mixed-use project in Bucharest to host 4-star hotel

by Property Forum
Evo Properties, the owner of London & Oslo office buildings in Western Bucharest, has reached a 50% lease rate this year and aims to reach an occupancy rate of 85% by the end of 2025. At the same time, it continues to transform the project into a mixed-use hub that will include a premium hotel.
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News CTP’s rental income up 18.2% by Q3 2024
06
Nov
2024

CTP’s rental income up 18.2% by Q3 2024

by Property Forum
Industrial developer CTP recorded a rental income of €488.4 million in the first nine months of the year, up 15.9% y/y, while the annualized rental income amounted to €702 million, with occupancy rate at 93%. 
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News Meta Estate Trust invests in land plot in central Bucharest
04
Nov
2024

Meta Estate Trust invests in land plot in central Bucharest

by Property Forum
Meta Estate Trust has invested in a plot of land near Victoriei Square in central Bucharest, where it plans to develop a building that will be leased to a chain of private medical clinics.
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News Belgrade-based Sirius Offices reach fully occupancy
18
Oct
2024

Belgrade-based Sirius Offices reach fully occupancy

by Property Forum
Sirius Offices, the 30,000 sqm office complex based in Belgrade’s business district, has reached 100% occupancy with a mixed roster of tenants from finance, IT & telecoms, and construction. 
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News Office deliveries in Warsaw reach 60,000 sqm in H1 2024
13
Aug
2024

Office deliveries in Warsaw reach 60,000 sqm in H1 2024

by Property Forum
New office projects with a combined leasable area of nearly 64,000 sqm were completed during H1 2024, with the volume soaring almost three-and-a-half times compared to the same period of 2023, according to a BNP Paribas Real Estate report.  
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News Demand for smaller spaces to dominate Bucharest's office market
20
Jun
2024

Demand for smaller spaces to dominate Bucharest's office market

by Ovidiu Nicolae
Yitzhak Hagag, Co-Founder and Shareholder, Hagag Development Europe, spoke with Property Forum about the increasing demand for the company’s boutique office buildings in central Bucharest and the strong sales book for its residential developments in the city. The company has a development budget totalling €195 million.
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News Landlords are under pressure from tenants and banks on ESG
10
Apr
2024

Landlords are under pressure from tenants and banks on ESG

by Ákos Budai
As development activity has slowed down, the focus is shifting to managing the existing stock across the whole commercial real estate market. Owners and other stakeholders have to adapt rapidly to serve changing demand from occupiers, said Benjamin Perez Ellischewitz MRICS, Principal at Avison Young in Hungary, while answering Property Forum’s questions at Mipim in Cannes.
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News Accolade records annual rental income increase of 26% in 2023
07
Mar
2024

Accolade records annual rental income increase of 26% in 2023

by Property Forum
Industrial developer Accolade published its year-end results for 2023. Despite lower construction activity across the market overall, Accolade’s total lease volume remained the same as 2022 thanks to renegotiations. Accolade either leased or extended the lease of existing agreements for 555,000 sqm worth of properties (of which 168,000 sqm is part of the fund’s portfolio). Furthermore, total rental income grew by 26% to €148 million (with nearly €100 million falling under the fund’s portfolio) over the course of last year. By expanding into Croatia, 2023 also saw Accolade further grow its operation through the addition of another European country.
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News One United Properties records 8% growth of net profit in 2023
27
Feb
2024

One United Properties records 8% growth of net profit in 2023

by Property Forum
Romanian developer One United Properties recorded a net profit of €89.6 million in 2023, up 8% year-on-year, while its turnover rose by 30% to €306.6 million over higher residential sales and rent income.
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News Stronger demand, lower vacancy – What’s driving Kyiv’s office market?
16
Feb
2024

Stronger demand, lower vacancy – What’s driving Kyiv’s office market?

by Property Forum
Despite the not-very-encouraging forecasts made by experts at the end of 2022, the office market in the Kyiv region in 2023 demonstrated stability and strengthening demand. Iryna Nastych talked to market experts and summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum  
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Latest news


New leases

  • Borg Automotive Group will move into new premises at HI Piotrkowska office building in Łódź in February 2025. It will occupy approximately 300 sqm. Brookfield Partners supported the tenant in the negotiation process.
  • TK Maxx shop will be opened at Ferio Konin (central Poland). The brand will occupy 2,000 sqm of space in the extended part of the shopping centre.
  • In November, RTV Euro AGD will open four new shops in four Polish cities: Wrocław, Mikołów, Bydgoszcz and Szczecin. Shops will be opened in Galeria Dominikańska in Wrocław (sales floor area of 950 sqm), Park Handlowy in Mikołów (570 sqm), CH Focus in Bydgoszcz (555 sqm) and Vendo Park in Szczecin (480 sqm).

New appointments

  • From November 1st 2024, Izabela Potrykus is to take on the role of head of the leasing team at CPI Property Group (CPIPG) and take on responsibility for 20 office buildings with a combined area of 516,000 sqm.
  • Knight Frank continues to strengthen its European management team with the appointment of Charles Taylor as CEO of Knight Frank Poland. He is a former Managing Director of Cushman & Wakefield Poland.
  • Immo lab, a consultancy specialising in strategic investment advice in the real estate sector, announces that Bartłomiej Ciemała is joining its team to take up the position of director of investment development.

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