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News - Savills relocates HQ in Prague
30
Aug
2024

Savills relocates HQ in Prague

by Property Forum
Savills is moving its headquarters to new office space within the Masaryčka project in the centre of Prague. An additional 50% floor space is giving the Savills the foundation to expand its headcount towards 100 employees over the next phase of the business.
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News - Belgians lead investments in Romania’s property sector
28
Aug
2024

Belgians lead investments in Romania’s property sector

by Property Forum
Investors originating from Belgium had the biggest share in Romania’s commercial property sector in the first eight months, according to a Fortim Trusted Advisors study. 
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News - Cushman & Wakefield to manage Vibe in Warsaw
28
Aug
2024

Cushman & Wakefield to manage Vibe in Warsaw

by Property Forum
Cushman & Wakefield has been appointed as the property manager of the Vibe office building in Warsaw’s Wola district. 
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News - Demand and rents grow in Prague's office market
28
Aug
2024

Demand and rents grow in Prague's office market

by Property Forum
Prague's office market has grown by 4 new buildings in Q2 2024, offering nearly 44,000 sqm of modern class A office space, reports Colliers in its regular quarterly office property market survey. A large part of these properties has found tenants before completion.
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News - Wing completes mixed-use project in Budapest
27
Aug
2024

Wing completes mixed-use project in Budapest

by Property Forum
Property investment group Wing has fully completed the Liberty mixed-use project in Budapest after delivering 20,000 sqm of offices in the second phase.
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News - Immofinanz sells office project in northern Bucharest
26
Aug
2024

Immofinanz sells office project in northern Bucharest

by Property Forum
Austrian real estate group Immofinanz, part of CPI Property Group, has sold its office complex Iride Park in northern Bucharest for around €45 million. 
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News - European offices seem to be coming back to life
26
Aug
2024

European offices seem to be coming back to life

by Property Forum
CBRE's new pan-European survey has confirmed the success of the long-term effort of companies to attract employees back to their offices, with the best results achieved by large companies.
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News - Eika Real Estate Fund acquires BIG office buildling in Kraków
22
Aug
2024

Eika Real Estate Fund acquires BIG office buildling in Kraków

by Property Forum
Eika Real Estate Fund (EREF) has acquired the BIG office in Poland, in the central part of Kraków, which is let to State Street Bank. The fund plans to further expand its investments in logistics, offices and retail parks in Poland. The price has not been revealed.
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News - CEOs of EnduroSat and Chaos buy office building in Sofia
21
Aug
2024

CEOs of EnduroSat and Chaos buy office building in Sofia

by Property Forum
Raycho Raychev, Founder and CEO of EnduroSat, and Petar Mitev, CEO of Chaos, have teamed up to purchase an office project in Sofia that previously hosted the HQ of Alpha Bank.
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News - Regional cities in Poland face problem of ageing office stock
21
Aug
2024

Regional cities in Poland face problem of ageing office stock

by Property Forum
At the end of the second quarter of 2024, more than 40% of offices in the oldest office buildings in Poland’s regional cities remained vacant, with their office markets experiencing stable vacancy rates and subdued development activity, reveals BNP Paribas Real Estate Poland in its latest report.
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Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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