Office &amp; mixed-use development

JLL has summarised activity in the Polish office market in the first three quarters of 2022 - a new supply gap in Warsaw, caused by record low levels of space under construction and predominantly forecast for 2023, has been widely discussed.

Poland Toys in the Skyliner

16 November 2022

Mattel Poland is another global player to become a tenant of the Skyliner office building. The company is part of the Mattel corporation, a leader in the design, manufacture and sale of toys and other family products. The new tenant will occupy 660 sqm of space in the Karimpol Group‘s investment project in Warsaw‘s Wola district.

POLAND Sollers goes hybrid in Wrocław

15 November 2022

Sollers Consulting, an international IT operational advisory and software integrator, will open a branch in Wrocław. The company has leased 1,200 sqm in Dubois 41 office building.

POLAND The shape of Infinity

14 November 2022

The Infinity office building in Wrocław is entering the final phase - the highest construction point has been reached. The project, which is being developed by Avestus Real Estate in cooperation with business partner Alchemy Properties, will be completed for the tenants in Q2 2023.

Hungary Platinum for Budapest One

10 November 2022

The first phase of Budapest One, located at Őrmező, the largest multimodal transport hub in Hungary, has received WELL Platinum certification. The office building is the first in Hungary to meet the highest requirements of the International Well Building Institute (IWBI).

POLAND Colliers to manage Tensor

10 November 2022

Colliers has taken over the management of the Tensor office complex in Gdynia, which belongs to a partnership between Czech open-ended real estate fund Investika and Luxembourg private equity investor Bud Holdings. Colliers' regional office will also support the owner in the commercialisation of the property.

EUROPE CTP Q3 2022 trading update

09 November 2022

CTP reports strong like-for-like rental growth of 4.3 pct and occupancy improvement – while expanding its portfolio to 9.9 million sqm and realising a yield-on-cost of above 10 pct.

ROMANIA Prime Kapital launches EUR 330 mln Cluj project

US real estate investor Prime Kapital has announced that it is to develop a large-scale urban regeneration project on a brownfield site in Cluj-Napoca in northwest Romania.

Poland Challenging electricity prices

The current geopolitical situation has destabilised energy markets, with the real estate also affected by rising electricity prices. Existing buildings account for close to 55 pct of energy consumed by the construction industry globally and for over 35 pct of greenhouse gas emissions, while almost 75 pct of buildings in the European union fail to meet energy performance requirements.

CEE Investors begin to adopt a wait-and-see approach

Office investment dominated the first half of 2022, as the most traded asset type in the CEE countries. It accounted for 2.5 billion euro which was 42 pct of the total investment volume in the region - reveals a new report by Colliers.

Poland Office supply weakens across regional cities

According to a report published by real estate advisory firm Newmark Polska, vacancy rate held firm in Poland’s regional city office markets throughout Q3 of this year along with the moderate occupier and developer activity.

Poland The supply gap and what's next?

Axi Immo has presented data summarizing Q3 2022 in the Polish office market. The end of 2022 completes the dynamic new supply period observed in recent years and marks a continuation of the good run in the office market take-up.

Poland Skyliner full of bubbles

07 November 2022

Coca-Cola Poland Services has signed a lease agreement for almost 2,400 sqm in Warsaw's Skyliner office building. At the beginning of 2023, the company will move its Polish headquarters to the Karimpol Group's flagship investment on Rondo Daszyńskiego.

CZECH REPUBLIC Fio banka signs biggest Masaryčka lease

04 November 2022

Czech financial institution Fio banka has leased 5,400 sqm for its new headquarters in the Masaryčka office complex, which is under development in central Prague.

ROMANIA E.On moves BSS HQ to Record Park

04 November 2022

E.On Business Services Cluj has leased 3,500 sqm of office space in the Record Park mixed-use complex in Cluj-Napoca in northwestern Romania.

Romania Regional markets thrive in Romania

03 November 2022

In the last three months, a total area of over 109,000 sqm of modern office space has been leased in Romania’s largest cities, which means an increase of 9 pct compared to the previous year. The agreements included both new contracts and extensions of the old ones. Top cities that attracted the most office tenants in III Q of 2022 are, apart from Bucharest, Iasi, Cluj-Napoca and Timisoara.

Poland Spire full of benefits

03 November 2022

Since the beginning of the year, five companies have leased a total of 10,000 sqm of office space in Warsaw Spire C, which represents almost half of the building. Four of the contracts are renewals, two contracts contained 'green provisions'. The office building's occupancy rate currently exceeds 96 pct.

BULGARIA GTC and Betahaus to co-work together

28 October 2022

GTC Bulgaria has entered into a partnership with local coworking centre operator Betahaus Sofia, under which both will provide 3,000 sqm of office space in two buildings in Sofia.

POLAND Regional offices hit 6.35 mln mark

28 October 2022

The Polish Chamber of Commercial Real Estate (PINK) has published its latest figures for the office market in eight major regional markets in Poland (Kraków, Wrocław, the TriCity, Katowice, Poznań, Łódź, Lublin and Szczecin) for Q3 2022.

ROMANIA Alpha Bank chooses City Gate

27 October 2022