Office &amp; mixed-use development

POLAND HR consultancy Gavdi Polska is to move into the GPP Business Park in Katowice with Knight Frank having represented the tenant during the negotiations.

Myhive comes to Mokotów

02 August 2017

POLAND Immofinanz has opened Myhive IO-1 in Warsaw’s Mokotów district, which is the sixth office building of the Myhive brand in Poland.

Koneser almost 90 pct leased

02 August 2017

POLAND Four tenants have signed leases for a total area of over 3,400 sqm in Praskie Centrum Koneser in Warsaw and as a result the office section is now over 86 pct pre-leased.

Two tenants in Timpuri Noi Square

01 August 2017

ROMANIA Vastint Romania has leased 1,000 sqm of office space to IT company Netcentric Eastern Europe and 900 sqm to electric al engineering company Phoenix Contact in the mixed-use development project Timpuri Noi Square from Bucharest.

Grupa Pracuj to work in Astris

01 August 2017

POLAND Communications and employment company Grupa Pracuj has leased space in the Astris office building in Kraków. Astris is the investor behind the newly-constructed building while Cushman & Wakefield is responsible for commercialization of the scheme.

Azets in UBC 2

ROMANIA Iulius Company has leased 500 sqm of the United Business Center 2 (UBC 2) office building within the Openville Timişoara mixed-use project to Azets (previously known as Visma Services), the main accounting and payroll services provider in the Nordic countries.

PwC expands

POLAND PwC has decided to expand its Warsaw office in the International Business Center by 3,600 sqm and now occupies over 13,700 sqm of office space. Deka Immobilien, the owner of the building, was represented by Savills in the transaction.

Tryton nearly full

POLAND Three tenants of the Tryton Business House office building in Gdańsk have renewed and increased the sizes of their leases. A new tenat has also entered the building.

Łużycka now full

POLAND Allcon Investment has completed the recommercialisation of the Łużycka Office Park complex in Gdynia. The last few vacant office areas have been occupied. All the units will be handed over at the end of August.

Pre-leases dominate regions

28 July 2017

POLAND According to date of the JLL consulting company pre-lease contracts constituted 38 pct of the total demand for office space in Poland in 2016 whereas in 2017 the figure was 29 pct.

Electric car charging on ul. Bobrowiecka

28 July 2017

POLAND Spectra Development, the developer behind an office building at ul. Bobrowiecka 8 in Warsaw’s Dolny Mokotów district, has signed a 1,000 sqm office space lease with Engie, a utility and technology company that supplies heat, electricity and gas.

Immochan takes former tractor factory

28 July 2017

ROMANIA French group Immochan has bought the Coresi Business Park office project in Brașov from Jacobs Holding, write local media.

Bucharest office market picks up the tempo

ROMANIA Record leasing activity in 2016 has led to record levels of office space supply with 450,000 sqm under construction in Bucharest, according to the CBRE ‘MarketView’ report.

Warsaw offices in record demand

Nathan North
managing editor (English section)

POLAND The total demand for Warsaw office space in H1 2017 came to 391,400 sqm – the best half-year figure in the market’s history, according to JLL.

High supply and high leasing activity

POLAND Over 722,200 sqm of office space is currently under construction across Warsaw according to the ‘Market in Minutes’ report published by Savills. Despite such a high level of new supply the market remains healthy which is proven by a decreasing vacancy rate and a record leasing activity after first six months of the year.

LSC to move out of future embassy

LATVIA JSC Latvian Shipping Company (LSC) has sold its current headquarters to the United Arab Emirates for EUR 4.2 mln.

Spin dryer producer to enter in Nord Kapp

POLAND Flottweg Polska has signed a 303 sqm lease in the Nord Kapp office building in the NordKapp Business Park on ul. Annopol in Warsaw’s Białołęka district and is to move in in October this year.

Union Investment sells Krisztina Palace

25 July 2017

HUNGARY Union Investment has sold Krisztina Palace, an 18,000 sqm office property in Budapest, to the Erste Real Estate Fund managed by Erste Asset Management.

Office market recovering

25 July 2017