ARTICLES LABELLED WITH TAG off-market

News - Office demand in Prague is now at pre-pandemic levels
07
Jun
2022

Office demand in Prague is now at pre-pandemic levels

by Property Forum
The Prague office market in Q1 2022 experienced a further increase in vacancy, across the entire city. However, gross take-up recorded a year-on-year increase of 44% and thus returned to pre-pandemic levels. The increase in prices throughout the city is still felt especially in construction projects, mainly due to rising costs for materials and construction work, reports the Czech branch of Colliers in their regular survey.
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News - Allianz RE buys Budapest office building in off-market deal
05
Jun
2020

Allianz RE buys Budapest office building in off-market deal

by Property Forum
Allianz Real Estate has purchased the Eiffel Square office building in central Budapest from Hungary’s Green Real Estate Development Investment Fund, managed by Equilor Fund Management, in an off market-deal facilitated by JLL. The transaction was signed in May and closed in early June. Even if several investment transactions were derailed by the Q2 lockdown in Hungary, the transaction progressed in line with the original time frame.
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Latest news


New leases

  • Schibsted & Vend Polska, a technology hub developing digital platforms, has extended its lease for 2,500 sqm of office space at the High5ive complex in Cracow. Walter Herz supported the tenant in the deal.
  • Pasaż Grunwaldzki signed 43 lease agreements in 2025 covering approximately 6,400 sqm, representing 13% of the property's total area. The shopping centre, owned by EPP, extended partnerships with 31 tenants, including MediaMarkt (operating in its new Xpress format), Deichmann, Medicine, home&you, and DOUGLAS. Twelve additional agreements were signed with brands making their debut in the project.
  • ConvergenCE has secured new lease agreements totaling 800 sqm at Budapest-based Kálvin Square. California Coffee Company extended its ground-floor lease, while a major Asian airline established a new office on the first floor. Hypo-Bank Burgenland is set to move into the eighth floor in April 2026. Additionally, Dutch media and rights management firm CAM Magyar will occupy the ninth floor starting February 2026.

New appointments

  • Joanna Leńkowska has been appointed as Workthere Lead at Savills Poland, taking over the role from Thomas Jodar. Leńkowska brings five years of experience in the flexible office sector to the team, having previously worked with WeWork and CitySpace.
  • CTP Romania has appointed Diane-Monique Forrest as Business Developer. She will focus on leasing activities in Transylvania, covering key cities such as Timișoara, Arad, Sibiu, and Deva.
  • iO Partners has announced the appointment of Róbert Cesnek as Head of Capital Markets in Slovakia, effective from January 2026. In his new role, he will focus on further strengthening market presence, advising clients on complex investment decisions and delivering high-impact transactions across asset classes.

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