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News Bucharest office market records one new delivery in Q2 2022
16
Aug
2022

Bucharest office market records one new delivery in Q2 2022

by Property Forum
The total office stock in Bucharest reached 3.3 million sqm at the end of the first semester of 2022, with just one new building (AFI Tech Park – phase 2) spanning 25,000 sqm being completed in the second quarter of this year. 
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News Financial sector drives office demand in Bucharest
26
Jan
2022

Financial sector drives office demand in Bucharest

by Property Forum
Financial companies were the most active in the Bucharest office lease market during 2021, according to a report by real estate consultancy Cushman & Wakefield Echinox.
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News Bucharest office deliveries hit record in Q3 2021
10
Nov
2021

Bucharest office deliveries hit record in Q3 2021

by Property Forum
New offices totaling 132,200 sqm were delivered on the Bucharest market during the third quarter, making it the best ever in terms of supply, while 9-months deliveries reached 178,000 sqm, according to real estate consultancy Cushman & Wakefield Echinox. 
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News C&W Echinox: Bucharest office space usage at 50%
06
May
2021

C&W Echinox: Bucharest office space usage at 50%

by Property Forum
New office projects with a combined surface of 220,000 sqm will be delivered in Bucharest this year, up compared with the stock of 155,000 sqm that was finished during 2020, according to Cushman & Wakefield Echinox.
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Latest news


New leases

  • Eracent, an IT company, has renewed its lease at the Business Garden complex in Warsaw. The company occupies nearly 600 sqm of space in the facility. Brochocki Real Estate law firm represented the tenant in the transaction.
  • Knight Frank has located its Polish headquarters in the Vibe building in Warsaw's Wola district. The office occupies the entire ninth floor of the building and offers nearly 1,000 sqm of space.
  • Logistics operator DB Schenker has leased an additional 9,800 sqm in the Hillwood Rawicz (western Poland) logistics centre. The tenant has been operating from the centre since the autumn of last year when it opened a service centre with an area of over 17,000 sqm for a manufacturer of optical products.

New appointments

  • Piotr Krysztopa, a specialist in building technology and energy efficiency, is joining Avison Young's technical consulting department. He will strengthen the firm's expertise in data analytics and ESG solutions.
  • Leszek Stankiewicz has been appointed CEO of YIT in Poland as of 9th of April. YIT is the largest property developer in Finland, present in eight European countries. In Poland, the company has investments in Warsaw, Gdańsk and Kraków.
  • Paweł Dobrowolski takes over as head of the office department at CBRE Poland, replacing Łukasz Kałędkiewicz. Alexander Hofmann becomes the new head of the Warsaw office tenant representation team.

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