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2020-02-06  10:27
Project News

Horizon to begin Rezidence Modřanka...

During the first quarter of 2020, the developer Horizon will begin the construction of the final phase of Rezidence Modřanka in the Prague 4 Modřany neighborhood. The work will include the construction of flats along with commercial space. During the second quarter of the year, the developer will also begin work on the second phase of its Zahálka project offering 230 units. In all, Ho...
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2020-02-06  10:09
CIJ Romania
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Company News

Third office building of Timpuri Noi Square...

Vastint Romania was awarded with LEED Platinum for the third building in its Timpuri Noi Square project in Bucharest. The building scored 92 points in the certification process. Vastint also secured a LEED Platinum certificate for Building A of Business Garden Bucharest at the end of last year. “Our main objective in Vastint was to deliver not only good-looking projects but also viabl...
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2020-02-06  09:45
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Company News

Take-up for apartments for rent in Poland...

While barely 15 percent of the population of Poland rents, take-up for apartments for rent is growing year-by-year, according to a recent report published by Resi4Rent. The residential platform for medium- and long-term rentals opened two projects in Wrocław and Łódź last year that offer more than 520 apartments. Another 1,800 units will be completed by the end of 2021. “The year 2019...
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2020-02-06  09:17
Company News

Skanska breaks ground on third phase of...

Skanska has started construction on the third phase of the High5ive office complex in Kraków. The final building will offer 11,000 sqm and will be Skanska’s first office project in Kraków with a WELL certificate, which is awarded to healthy and comfortable workplaces. The complex offers a total of 70,000 sqm of leasable space in five buildings. NS Moon Studio was in charge of the desi...
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2020-02-06  09:14
Company News

Omnipack leases 6,500 sqm at Panattoni Park...

Omnipack has leased 6,500 sqm of warehouse space at Panattoni Park Gorzów, which is currently under construction. The supplier of integrated fulfilment solutions was represented by Cushman & Wakefield during the lease process. Panattoni Park Gorzów Wielkopolski will offer 69,000 sqm in two buildings. Its warehouse modules can be flexibly combined to meet the requirements of tenant...
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2020-02-06  09:12
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Company News

Segro acquires 7R City Flex Łódź I warehouse

Segro European Logistics Partnership has acquired 7R City Flex Łódź I. This is the third 7R project, following 7R City Flex Łódź II and 7R Park Wrocław, to join Segro’s Polish portfolio. The newly purchased warehouse, which has been renamed Segro Business Park Łódź Wschód, offers 8,500 sqm of space and is fully leased. The facility can be used for light production, commercial and exhi...
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2020-02-05  09:46
CIJ Romania
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Company News

Amdaris leases 1,000 sqm at Iulius Town...

Amdaris, a company specialized in the development and implementation of web, software and mobile services, has leased 1,000 sqm in UBC 3 building of Iulius Town Timisoara. "We have experienced an extremely high interest from the local programmers community regarding the professional opportunities available within Amdaris, which is why we decided to relocate to a center that allow...
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2020-02-05  09:07
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Company News

Symphony Solutions leases 850 sqm of office...

Symphony Solutions has leased 850 sqm of office space at the Principio office building in Kraków. The international tech company was represented by Savills during the lease process, while the landlord was advised by Knight Frank. The tenant will relocate to its new office in May. Principio is a class A office building located on Armii Krajowej street and offers 10,700 sqm of office s...
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2020-02-05  09:06
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Company News

Walter Herz to commercialize Centrum...

Walter Herz has been appointed exclusive commercialization agent for the Centrum Królewska office building in Warsaw. The investment is located at the intersection of Marszałkowska and Królewska streets opposite the Saski Garden and offers 11,000 sqm of leasable space on 14 floors that can be arranged according to the tenant needs. Three underground floors offer parking for 108 vehicl...
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2020-02-05  09:04
Company News

Warsaw’s office investment volume hits...

Warsaw’s office investment volume totaled €2.42bn in 2019, up 40 percent from the previous year. The robust investor demand over the last 12 months pushed prime office yields in central Warsaw down to 4.50 percent at the end of 2019, according to Cushman & Wakefield. However, yields for office buildings with above-average lease lengths range from 4.25 to 4.50 percent, with non-cen...
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