Lease renewals and tech companies dominate in demand structure
In 2020, demand for office space in regional cities was 16 percent lower compared to 2019, the vacancy rate increased by 3.2 percent and the volume of office space...
News
GLP to introduce best-practice development standards in Poland
GLP, a leading investor and developer of logistics buildings and warehouses, announced plans to introduce its ESG-focused European specification, as outlined in its best-practice European Design Guide, to all...
Krausz Palace: an exclusive renovation receives permitting
Renovation of the 19th century Krausz Palace, located on Budapest’s recognized World Heritage site, Andrássy Ave, will commence in mid-2021. The project is owned by an AEW managed fund...
Poland’s investment volume for 2020 was third-highest in history says Avison Young
COVID-19 has had a great impact on the economy as well as consumer behaviour, which has naturally influenced the property market. The pandemic unexpectedly accelerated changes noticed for the...
Christie & Co sells hotel Pichlarn Castle to Salzburg hotelier Georg Imlauer
Thanks to Christie & Co the renowned 5-star hotel Pichlarn castle in the Austrian Alps has a new owner. The well-known hotelier Georg Imlauer took over the hotel with...
Carrefour renews lease of 85,000 sqm at P3 Bucharest A1 industrial park
CBRE advised the renewal of the lease for 85,000 sqm that Carrefour group occupies in the industrial park P3 Bucharest A1, in the west of the capital city, this...
Skanska is the first office developer in CEE to achieve a WELL Health-Safety Rating for 8 projects
Skanska, one of the leading development and construction companies in Europe, has achieved the WELL Health-Safety Rating for eight properties in Poland, Romania and the Czech Republic. Skanska is...
CTP becomes the first industrial real estate developer to certify all buildings according to BREEAM environmental standards
European commercial real estate developer CTP has the most environmentally-friendly industrial real estate portfolio in Central and Eastern Europe. In total, 292 CTP buildings at around a hundred different...
Szczecin an attractive destination for investors
Numerous advantages make Szczecin not only a friendly city to live in, but also an attractive business choice. The region is increasingly appreciated by investors looking for new locations...
Warsaw’s office market waiting for stabilisation
Tenant activity in 2020 was 31 percent lower than in 2019, with developers being much more cautious about launching new developments than in previous years. As a result, this...
Qatar Airways touches down for a longer stay at Promenady Business Park
Qatar Airways extended an agreement for the lease of office space at the Epsilon building that is part of the Promenady Business Park complex in Wroclaw where the tenant...
EBRD supports 5G roll-out in Poland
The European Bank for Reconstruction and Development (EBRD) announced it is supporting the Polish mobile network operator Play with an investment of PLN 100 million (€22 million) in a...
