ARTICLES LABELLED WITH TAG office

Institutional investors expect that so-called ‘green’ lease clauses will be universally implemented in the real estate industry before the end of this decade, according to a new research by Savills Investment Management.

International Investment Bank (IIB) and DOB-68 Zrt. in full accordance with the requirements of the Hungarian legislation signed the documentation on the acquisition of the historic Lánchíd Palota building in Budapest. The building will house IIB’s international headquarters.

CBRE has facilitated the lease of approximately 15,500 sqm of office space to the expanding Prague team of ExxonMobil in Luxembourg Plaza in Prague 3. The 1,200 employees who currently work in two different office buildings will move into the new headquarters in Q1 2022.

In 2019, Poznań saw its total office stock expand by nearly 18% to 564,800 sqm following the delivery of ten office projects totalling 85,700 sqm. Cushman & Wakefield has summarised last year on Poznań’s office market.

Savills has entered into a partnership with the owner of Vipol Plaza and has been acting as a sole letting agent for the office complex since early 2020. The property is located near the new section of Warsaw’s second metro line.

Despite exceptional circumstances, Atenor is continuing its operations with the same drive and announces that a building permit application for its first project in Warsaw has been submitted by Atenor Polish subsidiary, Haverhill Investment Sp. z o.o.

Skanska has sold the Generation Park Z office building in Warsaw to Deka Immobilien for €98 million. This is the buyer’s fourth acquisition with Skanska in Central and Eastern Europe.

Although development activity was muted in Katowice throughout 2019, there is now more than 210,000 sqm of office space under construction across 13 projects. Cushman & Wakefield summarised the past year on Katowice’s office market.

Cushman & Wakefield Echinox has been commissioned to manage Mendeleev Office 5, an office building recently delivered in downtown Bucharest, by Akcent Development.

Horizon (formerly Horizon Plaza), a Class A office complex in Warsaw’s Mokotów-Służewiec district, is going through an overall rebranding process conducted by global real estate services firm Cushman & Wakefield. Union Investment, the property owner, decided to rename the office building, redesign its visual identity and landscape, introduce a new signage system in common areas and launch a new showroom. In spring 2020, more greenery, new tenant amenities and landscape elements will be added in the areas around and near the building.