The industrial sector in Romania is recording a slowdown in Q1 2024, with the same trend being recorded across Central and Eastern Europe (CEE) markets, according to a iO Partners analysis.
LCP Properties has completed the commercialisation process for the M Park Olsztyn project. Contracts have been signed for six units, with a total GLA of 3,100 sqm. Tenants include Tedi (801 sqm), Sinsay (788 sqm), Pepco (549 sq m), Dealz (466 sqm), Rossmann (461 sqm) and JB Bałdyga/Cymes (91 sqm).
Three companies have leased spaces with a total area of 5,000 sqm in the Dageco Estate Expozitiei project based in northern Bucharest. On the ground floor of the main building, a restaurant with an event hall will be opened, with a total area of 1,459 sqm, the educational unit on the premises will expand by 1,500 sqm, and the car showroom will double its current area.
Infinity Cloud Technologies has leased 1,200 sqm in Paris Office Building, part of Bucharest-based Sema parc, for a data centre. The transaction was brokered by iO Partners
New appointments
With effect from September 2024, Karol Wyka will join commercial real estate advisory firm Newmark Polska as Executive Board Director, Head of Office Department. His key responsibilities will include the leadership of the office team and preparation of the firm’s growth strategy in the office sector.
Agnieszka Hryniewiecka-Jachowicz, operations director and board member of the Polish Chamber of Commercial Real Estate (PINK), is retiring. She had been involved with the association since 2018.
Marzena Szeller has joined the Redkom Development team. In her position as Leasing Manager, she will support the commercialisation of the facilities in the company's portfolio.
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