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ROMANIA Manpower chooses The Light One

Office & mixed-use development
Workforce solutions company ManpowerGroup has leased 1,063 sqm for its new country head office in The Light One office building in Bucharest.

The Light One, which was developed and is owned by River Development, is situated on Iuliu Maniu Blvd in the city’s west-central Politehnica district. It is the first of three class A office buildings in The Light – a mixed-use office and residential project. The building comprises ​​21,653 sqm gla and is BREEAM ‘Excellent’ certified.

ManpowerGroup’s relocation process was assisted by Crosspoint Real Estate. It joins such tenants in the building as CTP, Regina Maria Medical Clinic, Kinetic, ON Semiconductor and Sweat Concept.

Latest news

Investment & finance

Poland Cavatina pleased with 2020 performance

schedule 15 January 2021
Opr./edited by AH

Cavatina has announced EUR 206.5 mln in completed transactions over 2020.

Investment & finance

Frito Lay sells Warsaw land

schedule 15 January 2021
Opr./edited by AH

Frito Lay Poland, a subsidiary of PepsiCo is selling 5,388 sqm of land and buildings held in perpetual usufruct at ul. Zamojskiego 24/26 in Warsaw.

Warehouse & industrial

Poland LPP starts work on new distribution centre

schedule 15 January 2021
Opr./edited by AH

LPP has started working on the construction of a 75,000 sqm distribution centre in the town of Brześć Kujawski (between Bydgoszcz and Łódź).

Warehouse & industrial

POLAND ELI launches Kraków V

schedule 15 January 2021
Opr./edited by NN

European Logistics Investment, with its partner Panattoni, is to develop Kraków V – an 18,300 sqm logistics complex in Skawina near Kraków.

Warehouse & industrial

POLAND Rhenus leases more in Mapletree Park Szczecin

schedule 15 January 2021
Opr./edited by NN

Rhenus Logistics has renewed its lease in Mapletree Park Szczecin and expanded the warehouse space it occupies there to 52,000 sqm.

Residential

POLAND Square enters the ring

schedule 15 January 2021
Opr./edited by NN

Square, a residential sector investor and advisor specialising in institutional rental projects, alternative assets and socially responsible investment, has been established. The Warsaw-based company will also soon be launching its first project.

Office & mixed-use development

POLAND Globalworth completes Podium Park B

schedule 14 January 2021
Nathan North
deputy editor

Podium Park B, the second stage of the three-building complex in Kraków, has been completed by Globalworth.

Retail & leisure

CZECH REPUBLIC M&S "temporarily" closes Czech stores

schedule 14 January 2021
Nathan North
deputy editor

UK supermarket chain is to close all of its Czech stores “temporarily” on January 15th due to the impact of Covid-19 and Brexit, according to the company.

Office & mixed-use development

POLAND MicroStrategy to move Polish HQ to Skyliner

schedule 13 January 2021
Nathan North
deputy editor

Virginia-based business intelligence giant MicroStrategy is moving its Polish headquarters to the Skyliner office building in Warsaw. The NASDAQ-listed company has leased 3,000 sqm on the first floor of the building, which is currently undergoing finishing work.

Investment & finance

CZECH REPUBLIC Albtatros swoops into Mayhouse

schedule 13 January 2021
Nathan North
deputy editor

Albatros Media, the biggest publishing house in the Czech Republic, is moving its headquarters to the Mayhouse office building in Prague 4.

Investment & finance

Romania One takes stake in Glass Rom

schedule 12 January 2021
Opr./edited by AH

Real estate developer One United Properties has taken a stake of over 20 pct in Glass Rom Impex, having purchased the shares from the owner of the company, Adrian Zamfir.

Office & mixed-use development

Bulgaria Three leases for GTC

schedule 12 January 2021
Opr./edited by AH

GTC has signed leases with IKEA and Bershka for space in the Mall of Sofia.

Office & mixed-use development

Poland LEO Pharma in Wave

schedule 12 January 2021
Opr./edited by AH

International pharmaceutical company LEO Pharma has leased 1,500 sqm on the tenth floor of Skanska's Wave building in Gdańsk.

Office & mixed-use development

ROMANIA Kromberg & Schubert leases 2,000 sqm in Vox Technology Park

schedule 12 January 2021
Nathan North
deputy editor

German wire harness supplier for the automotive industry Kromberg & Schubert has leased 2,000 sqm of office space in Vox Technology Park in Timișoara.

Warehouse & industrial

POLAND Panattoni smashes Polish leasing record in 2020

schedule 12 January 2021
Nathan North
deputy editor

Panattoni signed lease agreements for more than 2.1 mln sqm of warehousing space in 2020 – 800,000 sqm above the figure for the previous year.

Investment & finance

CENTRAL EUROPE Starwood poised to launch CA Immo takeover bid

schedule 11 January 2021
Nathan North
deputy editor

US financial investor Starwood intends to launch an anticipatory mandatory takeover offer for all CA Immo shares and convertible bonds not yet held by the company.

Infrastructure

HUNGARY Strabag consortium wins EUR 246 mln M6 contract

schedule 11 January 2021
Nathan North
deputy editor

A consortium led by the Hungarian subsidiary of Strabag has been awarded a HUF 90.45 bln (EUR 245.58 mln) contract to complete the M6 motorway to the Croatian border.

Office & mixed-use development

Diligent comes to Budapest

schedule 10 January 2021
Opr./edited by AH

IT company Diligent Corporation is to open its Center for Global Product Innovation in Horizon Development’s Szervita Square Building in Budapest.

Investment & finance

Ronson buys Warsaw land

schedule 10 January 2021
Opr./edited by AH

Ronson Development signed has acquired 2,715 sqm on ul. Studzienna in Warsaw for PLN 13.5 mln net.

Residential

Poland UDI starts work in Warsaw

schedule 10 January 2021
Opr./edited by AH

Czech developer UDI has started the construction phase of its first residential development in Warsaw.

Latest in Office & mixed-use development

schedule 14 January 2021

Globalworth completes Podium Park B

Podium Park B, the second stage of the three-building complex in Kraków, has been completed by Globalworth.

schedule 13 January 2021

MicroStrategy to move Polish HQ to Skyliner

Virginia-based business intelligence giant MicroStrategy is moving its Polish headquarters to the Skyliner office building in Warsaw. The NASDAQ-listed company has leased 3,000 sqm on the first floor of the building, which is currently undergoing finishing work.

schedule 12 January 2021

Three leases for GTC

GTC has signed leases with IKEA and Bershka for space in the Mall of Sofia.

schedule 12 January 2021

LEO Pharma in Wave

International pharmaceutical company LEO Pharma has leased 1,500 sqm on the tenth floor of Skanska's Wave building in Gdańsk.

schedule 12 January 2021

Kromberg & Schubert leases 2,000 sqm in Vox Technology Park

German wire harness supplier for the automotive industry Kromberg & Schubert has leased 2,000 sqm of office space in Vox Technology Park in Timișoara.

schedule 10 January 2021

Diligent comes to Budapest

IT company Diligent Corporation is to open its Center for Global Product Innovation in Horizon Development’s Szervita Square Building in Budapest.

schedule 05 January 2021

Brose chooses Nová Karolina Park

The Czech subsidiary of German automotive parts supplier Brose has leased 1,700 sqm of office space in the Nová Karolina Park building in Ostrava.

schedule 30 December 2020

Varso Tower hits the heights

The main part of the construction work on the Varso Tower skyscraper in central Warsaw has been completed , with the building having now officially reached the highest roof level in Poland. Once the work on installing the spire is finished, at 310m it will be the tallest building in the European Union.

schedule 29 December 2020

First apartments in Fuzja

The first two residential buildings have been completed in Echo Investment's Fuzja project in Łódź.

schedule 23 December 2020

Tpay in Andersia

Online payment company Tpay is relocating its office to one of the top floors of Andersia Tower in Poznań.

schedule 22 December 2020

J&T Banka buys its own Prague HQ

J&T Banka has completed the acquisition of Rustonka, its new headquarter building in Prague, for CZK 2.1 bln (app. EUR 79.8 mln).

schedule 17 December 2020

Hi Piotrowska ready for use

Master Management Group has been granted an occupancy permit for its Hi Piotrkowska mixed-use complex in Łódź and leases have been signed with drugstore Rossmann and florist Badylarz.

schedule 16 December 2020

HumanField in ZenGarden

HumanField Executive and Specialist Search has leased 500 sqm for its new headquarters in the ZenGarden office building in Budapest.

schedule 14 December 2020

Green light for Zbrojovka armoury redevelopment

A zoning plan has been issued for the former Zbrojovka armoury, which means that the development of a 22 ha site in Brno can now be completed.

schedule 14 December 2020

Billingo Expanding in Árpád Center

Online invoicing company Billingo is expanding in the Árpád Center in Budapest and has signed a lease for 520 sqm.

schedule 14 December 2020

Diverse CG in Generation Park Z

IT company Diverse CG has relocated to a new office in Generation Park Z, where it has leased over 3,000 sqm of state-of-the-art office space.

schedule 11 December 2020

GTS leases 1,200 sqm in Globalworth Plaza

Global Technical Systems has leased 1,200 sqm in Globalworth Plaza in Bucharest.

schedule 10 December 2020

Second stage of Face2Face opens

Echo Investment has completed the second stage of its Face2Face Business Campus office complex in Katowice and Capgemini has moved into the new offices at ul. Żelazna 2.

schedule 09 December 2020

Mennica Legacy Tower sale called off as MBank moves in

The first stage of the handover of the office space in Mennica Legacy Tower in Warsaw has now been completed, with MBank having moved into the complex in the city’s Wola-Centrum neighbourhood. Its developer, Golub GetHouse, has also revealed that negotiations have broken down over the sale of the property.

schedule 08 December 2020

EQ2 nears completion

Waryński Group is to complete the construction of the EQ2 office building in Warsaw in January with tenants to start moving in in the second quarter of next year.

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