Office &amp; mixed-use development

POLAND Building materials producer Knauf has leased 1,300 sqm of office space in the Altus mixed-use complex in the centre of Katowice.

Futureal begins Corvin 5

12 July 2017

HUNGARY Futureal Group has started construction work on the Corvin 5 office building in Budapest with the first stage expected to be handed over the end of 2018.

Work starts on third building of Timpuri Noi Square

12 July 2017

ROMANIA Bog’Art has begun work as the general contractor on the third building of Timpuri Noi Square, which is being developed by Vastint in Bucharest.

Nathan North
managing editor (English section)

ABB moves to BC Rozvojová

11 July 2017

SLOVAKIA Swedish electrification and automation tech firm ABB has opened new offices in the BC Rozvojová building in Košice.

POLAND Euronet Polska is to move its headquarters in the first half of July to the Gdański Business Center developed by HB Reavis in Warsaw’s Muranów district. The company has leased 3,400 sqm on the fifth floor the buildings in the complex.

Eften sells Riga office building

07 July 2017

LATVIA Eften’s Kinnisvarafond fund has sold a commercial building at Stabu 10/4 in Riga to Colonna Varahaldus for an undisclosed sum.

Work starts on Equilibrium

06 July 2017

ROMANIA Skanska has begun the construction of the first phase of the Equilibrium office project in the BarbuVacarescu- Floreasca region of Bucharest which is to be developed at a cost of EUR 37 mln.

Cromwell renovates Wiśniowy Business Park

05 July 2017

POLAND Cromwell Property Group has completed the refurbishment of the common areas in buildings D, E and F of Wiśniowy Business Park office complex at ul. 1. Sierpnia in Warsaw.

JLL expands to Łódź

05 July 2017

Eurobuild CEE

POLAND International real estate advisory JLL is launching a new office in Łódź. It will be headed by Marta Pyziak, who was prieviously a member of the facility advisor team responsible for managing Dell’s real estate portfolio in Poland, Russia, Kazakhstan, Baltic states and Ukraine.

Vilnius Tech Park goes virtual

05 July 2017

Anna Pakulniewicz

LITHUANIA Vilnius Tech Park, based in the buildings of the historic Sapieha palace, has introduced virtual membership. The programme will allow more organizations not only to use the park‘s infrastructure, contacts, and partners, but also to contribute to the development of the country‘s startup ecosystem without having a physical presence.

Globalworth takes final Green Court building

ROMANIA Skanska has sold the Green Court building C in Bucharest, Romania to Globalworth Real Estate Investments for EUR 38 mln.

IBM opens X-Force Command Center in Wrocław

POLAND IBM has announced the opening of a modernised, European IBM X-Force Command Center in Wojdyła Business Park in Wrocław.

Foundation stone for Browary

POLAND Echo Investment has laid the foundation stone for its Browary Warszawskie mixed-use project in Warsaw’s Wola district.

GPEC branches out

POLAND Heat and water supplier GPEC has been appointed as the facility manager of the Olivia Business Centre complex, which represents one of the company’s first FM mandates.

One stone, two Pixels

POLAND The foundation stone ceremony has been held for two Pixel office buildings in Poznań.

New hotel in old building

LITHUANIA Vilga, City Gate and Nikolika are planning to restore the historic buildings at ul. Bazilijonų 3 in Vilnius.

Axis comes to market

POLAND Skanska has officially opened the 20,000 sqm gla Axis office building close to the Rondo Mogilskie roundabout in Kraków.

Redwood to deliver Ecodome

HUNGARY Redwood Real Estate Holding (formerly known as B&L Estates) has recently started the construction on a speculative basis of the Ecodome office building in Budapest.

Nowy Targ begins

28 June 2017

POLAND Skanska has launched construction work on its Nowy Targ office project in Wrocław.