Coffee with Craig Show – daily CRE news covering the CEE region, Tuesday, September 13, with Winston Norman, Editor and Chief of EuropaProperty.com.
Skanska partners with dbh group in Romania and Hungary
For its new operations, DBH Group has leased 1,800 sqm in the first building of the Equilibrium complex, located in Bucharest, Romania, and 3,300 sqm in H2Offices, developed by Skanska in Budapest, Hungary. DBH Group develops and manages flex office spaces across the EU market.
”As a result of the pandemic reshaping the lifestyle and the business environment of occupiers and investors, flexibility has become a standard”, said Kata Mazsaroff, Leasing and Asset Director of Skanska’s commercial development business unit in Hungary and Romania.
”During the pandemic, DBH Serviced Office realized that large corporate clients are more and more open to premium flexible office solutions”, said Sándor Erdei, CEO of DBH Group.
Equilibrium 1 is a 12-storey Class A office building with a leasable area of 20,700 sqm. The building achieved the LEED Platinum and WELL Health-Safety Rating certifications and is currently operating 100 percent based on energy from renewable sources. After the completion of the second phase of the project, Equilibrium 2, the complex will provide a total area of 40,700 sqm.
The H2Offices complex will ultimately provide approximately 67,000 sqm GLA after the completion of all its three phases. The delivery of the first phase is scheduled for Q4 2022. The project is also designed to obtain WELL and LEED certifications.
Panattoni delivers BTS project for Corning near Warsaw
Panattoni has delivered a new custom-fit facility to Corning Incorporated, the inventor and world’s leading manufacturer of low-loss optical fibre. The facility is located near Warsaw and is more than 20,000 sqm. It was customized to meet Corning’s specific manufacturing requirements for low-loss optical fibre production and to meet the demand for high-speed connectivity in Europe and surrounding regions.
Corning plant manager Mariusz Bielawski, commented. “Our new facility enables us to continue delivering optical fibre to our European customers at a time when demand is surging for 5G, broadband, and the cloud.”
Marek Dobrzycki, Managing Director, Panattoni commented on the realisation of the high-tech factory for Corning: “The excellent location near Warsaw and key roads also creates excellent conditions for further development.”
The location in the Warsaw region, only 40 minutes from the capital centre, facilitates access to qualified staff and scientists.
Real estate platform Oppenfield launched
The Oppenfield real estate platform, operating throughout Europe, reaches the next level: As a further development of the existing network, Oppenfield Real Estate Investment Management GmbH (OREIM), based in Frankfurt, was launched on 31 August 2022. The majority shareholders are GalCap Europe from Austria and PIER Investment Partners from Germany. In addition, there are five additional shareholders from Belgium, France, Great Britain, the Netherlands, and Spain.
The establishment of OREIM will further cement the close cooperation between the member companies in the areas of RE Investment, RE Advisory and RE Services.
Tim Ross and Dr Manfred Wiltschnigg take over management. The primary goal is to develop and introduce modern fund concepts jointly implemented by highly specialized asset and investment managers from several countries.
Slovakia’s first skyscraper reaches 150 metres high
According to the Council on Tall Buildings and Urban Habitat, Bratislava will become the 201st global city to have a skyscraper, i.e. over 150+ metres, which EUROVEA TOWER will achieve this week with its 44th floor. Its total height will be 168 meters after the completion of shell construction in November this year.
“The construction of Eurovea Tower and the extension of Eurovea is on schedule, despite ongoing construction market challenges,” says Pavel Pelikán, executive director of JTRE.
This inaugural Slovak skyscraper will deliver four hundred apartments. “Almost 90 percent of residences have already been sold, with the remainder to be released for sale when the building has been completed,” explains Ivan Bratko, director of residential real estate sales at JTRE.
