ARTICLES LABELLED WITH TAG office

News Indotek Group buys office building in Bucharest
16
Mar
2022

Indotek Group buys office building in Bucharest

by Property Forum
Hungarian Indotek Group has purchased Băneasa Business Center, located in the northern business center of Bucharest, with nearly 10,000 sqm of leasable space for an undisclosed sum. 
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News Adventum Group acquires Sky Tower in Wroclaw
16
Mar
2022

Adventum Group acquires Sky Tower in Wroclaw

by Property Forum
This is the seventh investment of the group in Poland. The 212 meters high landmark building is one of the best-known towers across the country.
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News Polish office markets are getting back on track
14
Mar
2022

Polish office markets are getting back on track

by Property Forum
There are still fewer leased and built offices than two years ago, but there is an upward trend in the office sector. Last year, some regional markets saw a sizable increase in demand, even compared to 2019, Walter Herz reports.
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News Office rents to remain stable in CEE in 2022
14
Mar
2022

Office rents to remain stable in CEE in 2022

by Property Forum
Premium rents in Prague to rise and interesting incentives from landlords are expected. There is also a growing interest in office rents in Brno, which is responding to the growth in rents over the past two years. Premium rents also grew slightly in Ostrava. Leasing activity in Bratislava is keeping pace with new construction and, together with Vienna, is expecting a recovery. In Warsaw, upward pressure on premium rents will grow, but there is likely to be an easing of existing incentives for tenants. Budapest is gradually recovering from the covid crisis. Rents will remain stable this year, reports CBRE.
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News Kinstellar sees pandemic-proof assets driving property demand in Romania
14
Mar
2022

Kinstellar sees pandemic-proof assets driving property demand in Romania

by Ovidiu Nicolae
There is increased demand for all categories of property assets in Romania, with office and industrial set to continue their growth streak this year. Property Forum talked to Victor Constantinescu, Managing Partner of Kinstellar’s Bucharest office and Co-Head of the firm-wide Real Estate practice, about the impact of the pandemic on Romania’s real estate market and how the country’s property investment potential can be harnessed in the next years.
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News Wola Center achieves BREEAM In-Use certification
11
Mar
2022

Wola Center achieves BREEAM In-Use certification

by Property Forum
Wola Center, the office building in Warsaw acquired by the Hines European Value Fund (HEVF 1) in 2020, and subsequently managed by global real estate firm Hines, has received a BREEAM In-Use Excellent certification.
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News GTC opens Pillar office building in Budapest
10
Mar
2022

GTC opens Pillar office building in Budapest

by Property Forum
GTC has handed over the Pillar office building in Budapest which will almost fully be occupied by ExxonMobil. This BTS project was the biggest pre-lease ever (29,000 sqm) on the Hungarian office market.
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News Prague's office market to see limited supply growth in 2022
10
Mar
2022

Prague's office market to see limited supply growth in 2022

by Property Forum
Colliers published a survey of the Prague office market for Q4 2021. It shows that the vacancy rate stopped rising last year due to weak construction and rents rose to a new high. The market with modern office space will not increase significantly even in 2022.
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News Almost half of Romanian employees have resumed office work
09
Mar
2022

Almost half of Romanian employees have resumed office work

by Property Forum
As Romania has eliminated all pandemic restrictions earlier this week, companies plan to increase the number of employees returning to the office in the near future. 
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News Landlords turn to technology to reduce negative environmental impact
09
Mar
2022

Landlords turn to technology to reduce negative environmental impact

by Property Forum
Reducing carbon emissions is surely becoming a top priority for landlords especially since numerous investors have committed to reaching net-zero emissions. At the same time, they’re also discovering that digital tools can help improve occupancy in office buildings which often stand half-empty these days due to widespread remote working. It’s high time for the industry to use disruptive technology and invest in digitization to improve utilization of space and reduce carbon emissions, says a new report on ESG and digitalization in the office market by workcloud24.
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Latest news


New leases

  • Schindler Romania is moving its office to Vastint’s Business Garden Bucharest. The company has leased 1,160 sqm in a deal brokered by CBRE Romania.
  • Footwear brand Crocs is opening its first location in the North-East region in Palas, as well as in the upcoming Rivus project in Cluj-Napoca, both projects developed by Iulius.
  • WeNet, an online marketing company, has relocated its Gdańsk office to the multifunctional Garnizon complex, owned by the Hossa Investment Group. The organisation has taken up more than 450 square meters of office space in the GATO office building.

New appointments

  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.
  • Tryton Business House in Gdańsk will welcome a new tenant. Państwowe Gospodarstwo Wodne Wody Polskie will occupy 3,092 sqm of office space in the complex owned by Globalworth. Cushman & Wakefield represented the institution in the lease process.

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