LITHUANIA GlaxoSmithKline, the US pharmaceutical company has relocated their 800 sqm office to new Baltic Hearts business centre in Vilnius CBD.
POLAND Radio and TV broadcast infrastructure operator EmiTel has leased 983 sqm of office space in Fronton Office Center in Kraków. Cushman & Wakefield represented the tenant for this transaction.
POLAND In Q3 2012, 56,100 sqm of office space were delivered to the market bringing the total stock up to 3.75 mln sqm, while the vacancy rate increased from 7.4 pct at the end of H1 2012 to 8.1 pct. – according to figures from the Warsaw Research Forum.
POLAND Conoco Philips is the latest tenant of the Rondo 1 office building in Warsaw after leasing a 500 sqm office on the sixth floor of the skyscraper.
BULGARIA The first stage of Sofia Airport Center, which is being developed by Tishman, has been opened.
POLAND Academic Incubators of Entrepreneurship (AIP) has leased 670 sqm in the Heritage Gates building in Wrocław. This is to be the business growth accelerator’s fifth branch of AIP Business Link and is to open in late 2012 or early 2013.
POLAND Construction work on the Nowy Świat Bis office and service building on ul. Nowy Świat in Warsaw is to start at the beginning of April 2013.
POLAND Katowice’s renovated railway station has acquired an occupancy permit. The retail section of the station is currently undergoing finishing work.
POLAND Skanska is to invest EUR 32 mln in the first phase of the Kapelanka 42 office project to the south of Kraków city centre.
HUNGARY Total take up in Budapest could equal 325,000 sqm according to figures from Cushman & Wakefield.
RUSSIA/UKRAINE Office rents in Moscow are almost three times higher than in Kyiv or St Petersburg, according to a comparative study by Cushman & Wakefield.
POLAND Over the last few weeks the Brochocki law office has acted as an agent in the lease and sale of over 8,000 sqm in Warsaw and app. 2,000 sqm in Wrocław.
ROMANIA The Nusco group intends to build a 12,000 sqm office building in Bucharest in an investment of EUR 17 mln.
POLAND Gras Savoye Polska is the first tenant of the Ambassador office building with a lease of 3,200 sqm.
POLAND DSV and Żabka Polska have both leased space in Panattoni Park Wrocław II.
POLAND In the last few months IK Development has mediated the lease of over 2,300 sqm in Wrocław.
ROMANIA AFI Europe is about to start work on the 15,000 sqm AFI Park 2 office development in Bucharest’s Cotroceni district, having recently completed the first office building in the complex, AFI Park 1.
LITHUANIA Customer research company Callcredit Information Group has leased 2,000 sqm of office space on the fourth floor of the Žalgiris Arena in Kaunas.
POLAND Insurance broker Gras Savoye Polska has leased 3,200 sqm office space in Ambassador Office Building in Warsaw’s Mokotów district amd is to take up three floors.
RUSSIA Around 170,000 sqm of new office space should was completed in Moscow in Q3 2012, bringing the total new supply for the first three quarters up to 387,000 sqm (a 12 pct decrease on the same period of 2011).
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