Office & mixed-use development
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Office & mixed-use development
Poland Cube gets a green makeover
Cube Office Park in Gdańsk is currently going through a green transformation process. The refurbishment of the reception lobby in building A, which was completed last year, is just a glimpse of what tenants may expect in the near future.
Office & mixed-use development
Poland Time of the supply gap
According to Axi Immo’s summary of the office market activity, 2022 was a good, strong year on Polish market. After a downturn, it was time for a long-awaited boom in demand. Companies have adapted to new working conditions and encourage employees to return to their offices. On the other hand, we will see lower development activity in both Warsaw and regional office markets in the coming quarters, which should last until 2024.
Office & mixed-use development
Hungary ODD in the CityZen Budapest
Odd Consulting has leased offices for its team in the CityZen building in Budapest. The office building, which is managed by ConvergenCE, is thus fully leased.
Office & mixed-use development
Romania Equilibrium 1 fully leased
SMS Metallurgy Romania has signed a lease for office space in the Equilibrium 1 building in Bucharest, securing 100 pct occupancy. The company will start its operations in the facility in July 2023.
Office & mixed-use development
Romania 275k of offices on its way outside Bucharest
According to the Cushman & Wakefield Echinox Office Market Regional Cities report, the modern office stock should reach approx. 1.3 mln sqm in the next 5 years. Developers announced the construction of more than 275,000 sqm of new office projects in the major regional cities – Cluj-Napoca, Timisoara, Iasi and Brasov.
Office & mixed-use development
Poland Warsaw offices buoyant in 2022
In 2022, the Warsaw office market recorded one of the highest levels of demand in history at over 860,000 sqm, with its structure including a preponderance of new leases and relocations, as well as expansions over renegotiations. According to Savills, nominal rents are stable and rising mainly due to indexation, however service charges represent an increasing proportion of the total rental costs.
Office & mixed-use development
Czech Republic Prague offices stabilising
According to a survey by Colliers, the Prague office market should grow to the 4 mln sqm mark by 2025. Although the supply of newly completed space increased by 34 pct year-on-year, the total volume was again below the long-term average of approx. 130,000 sqm per year. Yet, 2023 is expected to bring about some changes. This is mainly due to developers' plans to start construction of up to 300,000 sqm of office space.
Office & mixed-use development
Germany Tichelhaus already fully let
Quest Investment Partners has rented the entire office space of the currently developed Tichelhaus property in Hamburg. The telecommunications company o2 Telefónica will move to the new 7,000 sqm location at the end of 2024.
Office & mixed-use development
Romania Equilibrium 1 announces a new tenant
The European online travel agency FlyGo is relocating its Bucharest offices to Equilibrium 1, the first building of the Equilibrium complex developed by Skanska in the Northern area of the capital. With over 15 years of experience in Europe, the company offers its customers low-cost and regular flights.
Office & mixed-use development
Slovakia New office for Flaga in Bratislava
Flaga, a liquid gas supplier operating in Slovakia, will move into a new office in May 2023. The company has leased 300 sqm in Westend Square in Bratislava.
Office & mixed-use development
Panattoni with a bigger office in Silesia
Panattoni has moved its regional branch to new offices on the 27th floor of the .KTW II office building in Katowice. The company took up 900 sqm of space created by the Panattoni Office Project Manager with the help from the Massive Design architectural studio.
Office & mixed-use development
Poland Infinity at your service
More companies are joining the group of tenants in the Wrocław office building Infinity, developed by Avestus Real Estate in cooperation with its business partner Alchemy Properties. Thus, the retail and service area, located on the ground floor of Infinity, is almost fully leased.
Office & mixed-use development
POLAND OmniOffice to open in Warsaw Unit
Polish serviced office operator OmniOffice has leased 3,090 sqm in Warsaw Unit from Ghelamco.
Office & mixed-use development
Romania Bucharest attracts with competitive rents
Around 500,000 sqm of office spaces are unoccupied in Bucharest, reflecting a vacancy rate of 15.2 pct. 50 pct of the total vacant spaces can be found in buildings developed over 15 years ago, most of them requiring investments to attract new tenants.
Office & mixed-use development
Romania Egis moves to America House
French engineering and construction group Egis has leased 1,100 sqm in America House in Bucharest. The Romanian branch of the company will move into its new headquarters in the summer of 2023.
Office & mixed-use development
Poland GTC blooms in Warsaw
GTC closed the year by achieving a very high occupancy rate for its office buildings in Warsaw. Particularly important for GTC's result was a contract-laden end of the year. The company signed office leases from its Warsaw portfolio for nearly 20,000 sqm, 34 pct of all transactions were new tenants.
Office & mixed-use development
Poland PINK’s data on the regional office market
Polish Chamber of Commercial Real Estate (PINK) has published figures summarizing office market in major regional markets in Poland for Q4 2022. The data is sourced from advisory companies BNP Paribas Real Estate, CBRE, Colliers, Cushman&Wakefield, JLL, Knight Frank, Newmark Polska, Savills) and includes information on existing modern office stock, new completions, take-up volumes and vacancy rates.
Office & mixed-use development
Poland At work by the lake
Three new tenants are moving into Malta Office Park, a Poznań office complex located by the Malta Lake. The total area covered by the contracts is nearly 750 sqm of A-class office space.
Office & mixed-use development
Poland Interest and optimisation
In 2022, the demand for offices in Warsaw exceeded 860,000 sqm. The highest tenant activity could be seen in Q1 and Q4 of the previous year. Traditionally, most Warsaw offices were contracted by companies from the financial sector, business services and the IT industry.
Office & mixed-use development
HUNGARY Orbico drinks in H2Offices
Logistics provider Orbico Hungary has leased 1,253 sqm of office space in the first phase of H2Offices complex in Budapest.
Categories
Architecture and urban planning
Praga to tower up over Warsaw
High-rise developments may be developed near the National Stadium metro station. The city's spatial policy clearly aims to break down the division bet ...
ULI releases New Urban Poland report
Plans created for Airport City around CPK
Construction
Poland heading for a two-tier market
The value of the 960 largest construction projects in Poland is already more than PLN 1 tln and continues to rise, driven by a wave of infrastructure ...
Poland underestimates Building site crime
Dekpol debuts in Romania with 20,000 sqm logistics park
Coronavirus
Vaccination centre provided by Globalworth
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Employers in no rush to return to workplaces
Catella sees hope and chances for real estate after Covid-19
Corporate social responsibility
Not only for horses
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Panattoni sticks to the fairway
Colliers ends operations in Russia, Belarus
Data centres
Data 4 starts in France with EUR 5 bln investment
By 2030, Data4 plans to invest over EUR 20 bln in the development of its European campuses. Data4 will invest EUR 5 bln to transform a brownfield site ...
EU targets Poland for rapid Data centre growth
E-commerce
This is the end
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Wildberries now growing in Ukraine
Wildberries growing in April
ESG
Outstanding for Prologis
Prologis has been awarded a BREEAM International New Construction certificate with a rating of Outstanding for its new warehouse development in Ujazd ...
Silesia City Center now Excellent
Outstanding for City Point Okęcie Logistics Park
Eurobuild Awards
All the winners of the EurobuildCEE Awards 2025!!
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
The winners of the Eurobuild Awards 2024!
Call for nominations and jury members!
Eurobuild FM
The power of community
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
A breath of fresh air from France, or comments from Cannes part 3
A breath of fresh air from France, or comments from Cannes part 2
EurobuildCEE
The June issue of Eurobuild is now out!
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
This sporting real estate life
The May issue of Eurobuild is now out!
Events
August 7th – mark the date
Once again, for the 15th time, the real estate sector is to come together for a worthy cause in support of the Ronald McDonald House Poland Foundation ...
Investment given the green light
SIMA grows internationally
Exclusive
Bringing people together
We take the opportunity to talk with Jacek Kostrzewski, the managing director of engineering consultancy Gleeds, to find out how his passion for sport ...
Laying the groundwork for success
The French connection
Eye to eye
Eye to eye… with Władysław Grochowski
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
Eye to eye… with Paweł Sapek
Eye to eye with… Daniel Bienias
For Ukraine
Nansen Refugee Award goes to Poland!
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Build Europe supports refugees and appeals to European Commission
Former Russian building to house Ukrainian refugees
Green projects
EIB grants CTP solar-powered €200m loan
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
Cromwell granted €66m green loan for Janki
Pad Res to build 2 PV farms in Pomerania
Hotels
aHouse to build hotel in Grodzisk Mazowiecki
aHouse Development will deliver a new hotel on ul. Daleka in the centre of Grodzisk Mazowiecki, marking the company’s entry into the hospitality real ...
Swissôtel comes to Gdynia
Strong Warsaw hotel growth
Human resources
Leadership change at Nepi Rockcastle
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
Change at the top for ULI Europe
ULI announces new chairs
Infrastructure
Green light for Port of Poland
The National Appeals Chamber (KIO) has dismissed the appeal lodged against the construction of foundations for the passenger terminal of the Port of P ...
Strabag wins EUR 255 mln contract
Hill International to work on Central Communication Port
Interior design
New food hall in Poznań
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
New look for Eurocentrum lobby
New look for Otis offices
Investment & finance
YIT partners again with One Family Office
YIT Czechia, in a joint venture with One Family Office, has completed the purchase of development land in Prague 4 through the acquisition of DH Tower ...
Central Point sold to Lewandpol
Apsys shares Posnania with Trigea
Land acquisitions
Panattoni enlarges its Swedish portfolio
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
CTP purchases land in Kragujevac
CTP secures major brownfield site
Material partner
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Nordbygg 2024: Many innovations and strong interest
Excellent Fern at Off Piotrkowska
Office & mixed-use development
Foundever expands in Campus 6.3
Foundever, a global leader in customer experience solutions, has expanded its office space in Bucharest to 3,500 sqm, doubling its footprint within th ...
Hungary's office market returns
The Shire comes to Poznań
Property and Facility Management
JLL takes on Equal Business Park
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
Savills takes on two Warsaw buildings
Tensions in the gulf promote energy efficiency
Public buildings
Gronów Elbląski station to be renovated
Polish State Railways (PKP) is to modernise the station in Gronów Elbląski. The design is ready, and the company has now announced a tender to select ...
A new look for central Warsaw
Oleśnica railway station restored
Residential
Poland unprepared for ageing population
JLL's latest report, 'TheSenior Housing Market in Poland', reveals a deep supply gap, coupled with a solid demand base. Poland is aging the fastest in ...
Quorum Tower reaches final height
Moja Oszmiańska arises in Warsaw
Retail & leisure
Wroclavia becomes Westfield
The Unibail-Rodamco-Westfield (URW) Group is rebranding the Wroclavia shopping centre to Westfield Wroclavia. The name change is to take effect from S ...
Enter the Zone
EUR 9 mln to modernise Iulius Mall
Technology
Łukasiewicz Research Network opens technology laboratory
The Łukasiewicz Research Network - Automotive Industry Institute has completed a PLN 36 mln project, of which PLN 24.7 mln comes from the Regional Dev ...
Skanska installs NHIB in Studio A
Rentujemy to revolutionise the market
Warehouse & industrial
Battswap comes to Prologis Park Prague-Rudná
Prologis has signed a new lease with innovative Czech technology company BattSwap. The startup will occupy around 2,200 sqm at Prologis Park Prague-Ru ...
