Office &amp; mixed-use development

RUSSIA Cities of over one million inhabitants excluding Moscow and St Petersburg have seen office space supply decline over the last four years, according to figures from JLL.

100,000 sqm under construction in Łódź

29 March 2018

POLAND Over 100,000 sqm of office space is currently under construction in Łódź, of which 45,000 sqm is to be completed this year, according to JLL.

Weaker sales for H&M

29 March 2018

EUROPE In the first quarter of the financial year (December 1st, 2017 –February 28th, 2018) fashion giant H&M recorded an operating profit of SEK 1.2 bln (app. EUR 116.6 mln), down 62 pct y-o-y.

PwC grows in Opole

28 March 2018

POLAND The PwC Service Delivery Centre has enlarged its office space in Opole.

ROMANIA BPO services provider Convergys has leased 2,100 sqm in United Business Center, the class A office component of the Openville Timişoara project that is currently under development near Iulius Mall Timişoara.

Tricity still wooing tenants

27 March 2018

POLAND The absorption of office space in TriCityin 2017 reached a record of 79,400 sqm while the average level for the last 5 years stands at 58,000 sqm per year.

First tenant for Praga Studios

27 March 2018

CZECH REPUBLIC Czech serviced offices chain Scott & Weber has leased 1,350 sqm of space on the top floor of the Praga Studios office building in Prague’s Karlín district.

MSD in Demidow

23 March 2018

RUSSIA Pharmaceutical company MSD has leased 4,000 sqm in the Demidow office building, which is being built as part of the Krasnaya Roza business complex in Moscow, under development by the Russian investor KR Properties.

Prime office rents on the rise

23 March 2018

EUROPE European prime office rents saw an average y-o-y rental increase of 6 pct in 2017, their fifth consecutive year of growth and they show no sign of abating for at least another three years, claims Savills.

Leases signed with Griffin Premium RE

POLAND Griffin Premium RE, which has recently been rebranded to Globalworth Poland, has announced a number of new leases in its office buildings.

Arcadis chooses West Station

POLAND In July this year, construction consultancy Arcadis will move its headquarters to the West Station II building in Warsaw where it will occupy about 1,300 sqm.

Hosso with second office building in Koszalin

Aneta Cichla

POLAND Hosso will open its second office building in Koszalin in the spring.

A Wolf in Volvo clothing

POLAND The office space in the Wolf Marszałkowska building in Warsaw, owned by Wolf Immobilien, is now fully leased, according to Eurobuild CEE sources with the building on the corner of ul. Marszałkowska and ul. Żurawia having been unoccupied for many years.

Regus makes plans in Poznań

POLAND Regus has announced that it will triple its office space in Poznań with the opening of two new locations with a total area of around 4,000 sqm.

Technological leases in C200 Office

POLAND IFS, Multiconsult Polska and the Ecol group have all leased space in the C200 building in Gdańsk while Powel – enlarged its office area.

Business Link opens second Kraków location

POLAND Business Link and Skanska have jointly opened a new business location in the High5ive office building on ul. Pawia near the Kraków Główny railway station in the centre of Kraków.

First tenant for City Forum

POLAND Notus Finanse has leased 550 sqm of office space in the first two buildings of the City Forum complex, which is being built in the centre of Wrocław by Archicom.

More wind power in Atrium

20 March 2018

POLAND Ørsted, a Danish company involved in offshore wind power generation, has expanded its lease in Atrium Tower on Aleje Jana Pawła II in Warsaw’s Central Business District to app. 2,240 sqm.

Big topped off

20 March 2018