ARTICLES LABELLED WITH TAG off-market
07
Jun
2022
Jun
2022
Office demand in Prague is now at pre-pandemic levels
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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05
Jun
2020
Jun
2020
Allianz RE buys Budapest office building in off-market deal
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
- Romania's average property deal under €60 million in 2025
- Polish regional office market shows first vacancy fall in years
- Kyiv office market grows in 2025 despite wartime pressures
- DL Invest Group signs JV with Boosteroid for data centres
- Prima Development to scale Bucharest resi deliveries to 1,000 units per year
- Romanian investors drive 30% of property deals in 2025
- Cavare sells PRS project in Gdańsk to Urban Partners
- Trigranit extends office lease deal with Ringier Axel Springer in Warsaw
- Panattoni to deliver second Polish facility for Danfoss this spring
- Local investors gain strength as global uncertainty rises
New leases
- EPP's Galeria Sudecka in Jelenia Góra is strengthening its offering with lifestyle and service brands, including a newly opened Fit Style gym, the addition of Rituals Cosmetics and Kodano Optyk, and the expansion of Medicine and Wakacje.pl. The new agreements and renewals in Galeria Sudecka cover almost 1,900 sqm of commercial space.
- Flex office space operator Mindspace announced the signing of a 10-year lease for 4,500 sqm of offices in the Skyliner II tower near Rondo Daszyńskiego in Warsaw.
- Modular Services, an outsourcing company specialising in IT, finance, and cybersecurity operations, has expanded its office space within the United Business Center 3 (UBC 3) building. Part of the Palas mixed-use development, the international firm has doubled its surface area to 1,300 sqm across two floors.
New appointments
- Axi Immo has expanded its Office Agency team to strengthen its presence in southern Poland and Warsaw. Karolina Słysz joins as Head of Regional Markets, bringing 10 years of experience to lead efforts in Katowice, Kraków, and Wrocław. Elżbieta Golik has been appointed Associate Director, leveraging over eight years of expertise in tenant representation. In Warsaw, Filip Kowalski joins as Associate Director, focusing on lease negotiations. Additionally, Anna Piłka-Sutkowska has been promoted to Advisor following four years with the firm. To support these transitions, Natalia Majsterek has been hired as Office Department Coordinator.
- CTP has appointed Cătălin Dit as COO in Romania to strengthen its management team. In this role, he will collaborate closely with Managing Director Ronald Binkofski. Dit brings a wealth of executive experience from the technology and e-commerce sectors, having previously served as CEO, CCO, and Fulfillment Director.
- Avison Young has strengthened its Polish operations by recruiting Natalia Puza and Damian Bafeltowski. Puza joins as Senior Consultant in the Office Agency, bringing over 11 years of experience. In her new role, she will support office projects in Warsaw and regional markets. Bafeltowski joins the Investment Advisory division as a Consultant. He will focus on market analysis and commercial due diligence across all real estate sectors.
