Office &amp; mixed-use development

RUSSIA The class ‘A’ office building Leninskiy Prospekt 119 in Moscow has acquired its two first tenants, who are to occupy a combined area of over 2,500 sqm.

Prague office market on the march

Nathan North
managing editor (English section)

CZECH REPUBLIC Office take-up in Q4 2013 amounted to 81,000 sqm – an increase of 54 pct on the previous quarter and 12 pct y-o-y, according to the Prague Research Forum.

Nickel Technology Park Poznań to expand

POLAND Nickel Technology Park Poznań (NTPP) in Złotniki near Poznań is to open a business service centre in May 2015. The 4,500 sqm project is to comprise offices, conference rooms, exhibition space and a testLAB laboratory centre for the development of new products and services.

Offices on the Oder

POLAND Dubois 41, the first waterfront office building on the Oder in Wrocław, is to be built on ul. Dubois next to the Mieszczański bridges.

Kraków ranked ninth among world’s best outsourcing destinations

POLAND For the second consecutive year Kraków has been ranked within the world’s top ten outsourcing centres in the ‘2014 Tholons Top 100 Outsourcing Destinations’ report.

S Immo delays making its Mark

23 January 2014

ROMANIA Austrian developer S Immo has decided to delay the launch of construction work on the Mark office building to be built on Uranus Boulevard in Bucharest and wait for better economic conditions, reports ‘Mediafax’.

Nathan North
managing editor (English section)

Cisco and Eli Lilly remain in Oasis

23 January 2014

CZECH REPUBLIC Cisco Systems and pharmaceutical company Eli Lilly have extended their respective leases of 800 sqm and 1,500 sqm of office space at Oasis Florenc in Prague 8.

Torus begins Alchemia stage 2

Ewa Andrzejewska

POLAND Gdańsk-based developer Torus has started the construction of the second stage of the Alchemia office complex in Gdańsk.

Office take-up hits record levels

POLAND Take-up on the Warsaw office market in Q4 2013 reached 115,100 sqm, pushing the total figure for the year up to the record level of 633,200 sqm and 4 pct increase y-o-y, according to figures from the Warsaw Research Forum.

Lionbridge comes to Oxygen Park

POLAND Translation and marketing company Lionbridge Poland has leased 1,600 sqm of office space in Oxygen Park in Warsaw.

Budapest office market set to improve, says BRE

HUNGARY No new office buildings were delivered to the Budapest office market in the last quarter of 2013 with office stock remaining at 3,172,400 sqm, according to the Budapest Research Forum.

Ghelamco in exclusive talks over Warszawa Gdańska

21 January 2014

POLAND The Polish State Railways (PKP) is to negotiate exclusively with Ghelamco Poland subsidiary Ghelamco GP 6 over the future development of the Warszawa Gdańska railway station and its 4.7 ha site in Warsaw.

Gravitan added to Adgar Park West

21 January 2014

POLAND Gravitan Health and Sport Clubs is to open a fitness club at the end of 2014 in Adgar Park West (formerly known as Ochota Office Park), which is currently being redeveloped on Al. Jerozolimskie in Warsaw.

ATM builds office building in Grochów

POLAND ICT company ATM has appointed Mab-Bud to build and furnish an office building on ul. Grochowska in Warsaw, within the grounds of the ATMAN Data Center.

USD 3 bln to be invested in Belgrade on Water

SERBIA Local media reports that Muhammad al Abbar, an investor from the United Arab Emirates, has set up the Eagle Hills company to invest USD 3 bln in the Belgrade on Water project on 96 ha of Belgrade’s dilapidated post-industrial waterfront.

Bank lease in Art Business Center 6

ROMANIA Intesa SanPaolo Bank is to be the first tenant in Art Business Center 6 on Nicolae Caramfil street in Bucharest with a lease of 3,500 sqm.

Endava takes 5,000 sqm in AFI Park 3

ROMANIA British IT firm Endava has leased 40 pct of the space (app. 5,000 sqm) in AFI Park 3 in Bucharest from AFI Europe Romania.

First leases signed for Kapelanka 42

16 January 2014

POLAND Skanska Property Poland has signed the first agreements for the lease of office and retail space in the Kapelanka 42 centre in Kraków.

Park Russia to cost USD 8 bln

14 January 2014

RUSSIA The investment costs for the Park Russia theme park development, which is to be built in the Moscow region’s Domodedovsky district, are to come to USD 8 bln, according to estimates from Cushman & Wakefield.