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2019-11-28  09:44
CIJ Serbia
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Economy

Hungary ranks 10th in economic complexity...

Hungary was 10th in an economic complexity ranking conducted by Harvard’s Growth Lab. The ranking aims to make measuring and understanding a country’s economic complexity easier. The report cites cars and ICT products as Hungary’s main exported goods. Japan, Switzerland and South Korea ranks towards the top of the list. The Czech Republic comes in sixth, while Austria places seventh. ...
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2019-11-28  09:38
CIJ Romania
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Company News

Citronex leases 4,000 sqm at MLP Bucharest West

Citronex signed a lease on 4,000 sqm of warehouse space at MLP Bucharest West. The deal was brokered by Dunwell. This is the Polish company’s second distribution center in Romania. Citronex entered the local market last year with a 2,500 sqm warehouse deal in Timisoara, which was also brokered by Dunwell. MLP Group broke ground at the beginning of this year on MLP Bucharest West, its ...
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2019-11-28  09:37
CIJ Romania
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Company News

AXA XL acquires Secure Legal Title

AXA XL announced that it has completed the acquisition of Secure Legal Title Limited, a London-based insurance agency and Lloyd’s approved coverholder, with major operations in the UK, Europe, India and the Americas. Founded in 2012, Secure Legal Title provides insurance to cover legal risks in property transactions and mortgage finance. Secure Legal Title’s products include title ins...
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2019-11-28  08:27
CIJEurope.com
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Company News

CPI Property Group acquires Eurocentrum in...

CPI Property Group has acquired the Eurocentrum office complex in Warsaw from Capital Park. Eurocentrum consists of the Alfa, Beta/Gamma and Delta buildings offering a total of 85,100 sqm of lease space, including 3,500 sqm of retail, service and restaurant space located on the ground floor of the complex in a public passage that connects all buildings. The property is fully occupied....
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2019-11-28  08:25
CIJEurope.com
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Company News

European office take-up to hit 9.2 million...

European office take-up is expected to reach 9.2 million sqm by the end of 2019, down marginally by 4 percent from last year’s volume, according to Savills. A shortage of good quality, available space across Europe’s CBDs is limiting occupiers’ choices as average vacancy rates dropped from 6.1 percent to 5.4 percent over the past 12 months. “As the European economy edges nearer to ful...
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2019-11-27  11:45
CIJEurope.com
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Company News

108 AGENCY: 5 million sqm and counting

108 AGENCY is a real-estate consulting agency which has been exclusively focused on commercial properties since 2009. Over the years, its over thirty-five-member team has earned the trust of both domestic and foreign clients. 108 AGENCY is the only commercial real-estate company on the market which is one-hundred-percent Czech owned and run. Thanks to the absence of a multinational h...
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2019-11-27  10:00
CIJEurope.com
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Company News

Spark C secures WELL Core & Shell...

Spark C, the office building located in Warsaw’s Wola district, secured WELL Core & Shell certification. After obtaining WELL certification for the commercial interior, for its office space on the fifth floor, the entire core and shell of the building has now been deemed a healthy and comfortable place to work. This is the first such distinction in Poland and the second in the CEE...
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2019-11-27  09:56
CIJEurope.com
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Sustainability

More investors turning to Łódź outsourcing,...

In recent years, Łódź has evolved from a production center into one of the main outsourcing and logistics hubs in Poland, which attracts not only large tenants and developers, but also investors, according to Colliers International. “The Łódź office space market has already reached half a million sqm and is still blooming. Due to the ongoing development strategy, the city is attractin...
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2019-11-27  09:55
CIJ Romania
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Company News

Nr1 Fitness opening center in Bucharest

Nr1 Fitness is opening its first fitness center in Romania next year. The Norwegian company’s new fitness center will open at Rotar Park Residence in western Bucharest in the first quarter of 2020. The unit will cover 400 sqm. Rotar Park Residence is located in the city’s Military area. It was developed on 32,815 sqm and includes 1,280 apartments, 350 sqm of office space and 3,200 sqm...
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2019-11-27  09:54
CIJ Serbia
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Company News

APIS IT Shared Services Centre opens in Zagreb

APIS IT Shared Services Centre has opened in Zagreb. The investment is valued at €48.7m, 85 percent of which was funded by the EU. The center will store government data and facilitate data management in an effort to help the state administration go paperless. The center includes digital workstations for 110,000 civil servants involved in the state administration. APIS was founded by t...
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