Office &amp; mixed-use development

POLAND The growth in office stock in Warsaw forecasted for the next two years is likely to create downward pressure on rents, lowering effective rates by as much as 25 pct below the level of headline rents, according to CBRE.

Becker Energy in Spektrum Tower

08 May 2014

POLAND Becker Energy has leased over 600 sqm in Spectrum Tower on ul. Twarda in the centre of Warsaw.

Mała PAST-a regains its glory

07 May 2014

Tomasz Szpyt-Grzegórski

POLAND The Piękna 19 office building in Warsaw, popularly known as Mała PAST-a, has been reopened after extensive renovations. BL Investment Trust is the investor behind the project, which has created 2,300 sqm of office space within its historic walls.

Two new faces in Piastów Office Center

07 May 2014

POLAND Human resource services company Adecco Poland and internal transport systems manufacturer Europa Systems are the latest tenants of the Piastów Office Center complex in Szczecin.

Highest office take up in Kraków

07 May 2014

POLAND In 2013 over 94,000 sqm of office space was leased in the city, which was a record among Polish regional cities, according to the ‘Kraków Investors’ Guide’ report just published by CBRE.

High office supply in Kyiv

UKRAINE In Q1 the new supply on Kyiv’s office market amounted to 91,400 sqm – the highest quarterly result since 2011, according to JLL.

Cadence rolls into Katowice and Warsaw offices

Nathan North
deputy editor

POLAND IT company Cadence Design Systems has leased a total of app. 1,600 sqm of office space in Warsaw and Katowice.

Lundbeck to open 1,700 sqm centre in Quattro Business Park

Nathan North
deputy editor

POLAND Danish pharmaceutical firm Lundbeck has leased 1,700 sqm of office space in building ‘C’ of Quattro Business Park in Kraków.

Skanska to build EUR 58 mln office building in Warsaw

Tomasz Szpyt-Grzegórski

POLAND Skanska is to invest EUR 58 mln (app. PLN 240 mln) in a new office building in Warsaw.

At your own desk – or not

EUROPE According to a tenant survey carried out by CA Immo, the flexible workstation model has still not taken off.

Office space sold in Vodny

05 May 2014

RUSSIA Coffee and tea distributor Orimi Centre has purchased almost 1,900 sqm of office space and 19 parking spaces in the Vodny mixed-use centre in Moscow.

Good take-up on Bucharest office market

05 May 2014

ROMANIA The Bucharest office market has recorded the strongest take-up figure since mid 2012 for the first quarter of this year, according to research by DTZ Echinox.

Skanska starts work on second Wrocław office building

29 April 2014

POLAND Skanska is starting the construction of the second phase of the Dominikański office complex in Wrocław.

Wirtualna Polska to move into Oxygen Park

24 April 2014

Ewa Andrzejewska

POLAND Internet portal Wirtualna Polska is to occupy 2,400 sqm in building ‘B’ of the Oxygen Park office complex on Al. Jerozolimskie in Warsaw.

Królewska to be built in centre of Warsaw

24 April 2014

Tomasz Szpyt-Grzegórski

POLAND Austrian-based S+B Gruppe is to start the construction of an office building at the junction of ul. Królewska and ul. Graniczna in Warsaw.

Echo gives up on Cracovia retail project

24 April 2014

Aneta Cichla

POLAND Echo Investment has changed its mind over the character of a project planned on the site of the former Cracovia hotel in Kraków.

LSR Group to redevelop ZiL plant

RUSSIA LSR Group has won a tender for the redevelopment of industrial areas within the premises of the ZiL plant in Moscow.

Tallest European tower “ready in 2015”

RUSSIA The Federation Tower skyscraper in Moscow is to be completed by the end of next year, according to Mikhail Smirnov, the general director of Bashnya Federatsiya [Башня Федерация], which is developing the project in the Moscow International Business Center (also known as Moscow-City).

Stable demand on Moscow office market

RUSSIA Total office take-up on the Moscow market in Q1 2014 amounted to 290,000 sqm – app. 40 down y-o-y. Colliers points out, however, that Q1 2013 saw the fruition of deferred demand and higher than usual take-up for the period.

OBSS doubles up in West Forum