ARTICLES LABELLED WITH TAG office

WOOD & Company has announced the sale of the Westend Tower office building in Bratislava. This transaction is the first sale of an office building within the WOOD & Company Office Subfund portfolio and a signal of recovery in the commercial real estate market. 

Hungarian investor Gránit Asset Management, with HUF 1,100 billion of assets under management, is reported to be nearing a deal for the purchase of the Equilibrium 1 building in northern Bucharest from Skanska, Romanian media reports.

Despite a slight increase in vacancy, demand for new offices in Prague persists. However, companies still prefer renegotiations. Lease renewals are almost always accompanied by interior modifications leading to more efficient use of space, reports Prague Research Forum in its Office Market Figures for Q3 2024.

IWG has opened in Debrecen the first phase of its flexible offices under the Regus brand. Regus Debrecen spans 600 sqm and will double in size once the second phase is completed. 

Ghelamco has secured bank financing for its key project in Poland – The Bridge office complex in downtown Warsaw. The construction and investment loan was provided to the developer by Santander Bank Polska, which will also be an anchor tenant of the skyscraper.

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. 

The EHQ mixed-use complex in the Mlynské Nivy quarter in Bratislava, developed by Immocap, has received a positive standpoint from the Bratislava Municipality. This important milestone enables the developer to continue in the permitting process.

IWG has announced the opening of a new flexible workspace project in Budapest under the Regus brand in partnership with Proform Ingatlanbefektetési Zrt. 

The flexible office market in Bratislava has grown to 40,000 sqm, compared to 2020 it has almost doubled, CBRE's latest survey reports. Flexible offices and coworking spaces are equal to 2% of the total offer of modern office spaces in Bratislava.

By reconstructing the office building in Prague's Brumlovka, together with the optimisation of technology operation, Passerinvest Group reduced the building's energy demand by more than 50%. It included a complete renovation of the facade and roofs. At the same time, all technologies ensuring a quality indoor environment were also modernised.