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Articles - office market

Lundbeck glad to stay in Quattro

Danish pharmaceutical company Lundbeck has decided to extend its lease of 2,800 sqm of office space in Quattro Business Park in Kraków, which is owned by Globalworth.

Gardens completed for Face2Face

Echo Investment has completed the 4,000 sqm outdoor area between the buildings of the Face2Face Business Campus in Katowice.

Deka buys Warsaw Brewery Malthouse

German investment and asset manager Deka Immobilien has acquired the Malthouse Offices (Biura przy Warzelni) building of Echo Investment's Browary Warszawskie (Warsaw Brewery) development for app. EUR 152.3 mln.

Office leases on the rise in Wrocław

The leasing volume on the Wrocław office market reached 45,900 sqm in the first half of 2021, accounting for 33.9 pct of the annual average for 2015–2020, according to Cresa Poland.

Centrum Południe is expanding. Skanska begins the second phase of its largest investment in Wroclaw

Over 21,000 sqm of innovative and sustainable office space located on 13 floors, terraces for tenants and a basketball court – this will be the second phase of the Centrum Południe office complex currently being developed by Skanska. Like the existing buildings, the new phase will apply for numerous certificates, including the WELL Core&Shell. Centrum Południe is also an excellent example of an environmentally-friendly office building.

Poland's investment market is waiting for a rebound

Utmost cautiousness, falling transaction volumes and waiting for the office sector to finally catch its breath and the large retail schemes to redefine their strategies contrast with considerable investor interest in specific retail formats, the dynamic growth of the logistics sector, and strong entry of European players onto the domestic residential rental market. This is what—according to the latest report by BNP Paribas Real Estate “At A Glance: Investment Market in Poland in Q2 2021”, Poland’s commercial property investment market looked like in the second quarter of the year.

CBRE: CEE Property Investment Volumes Reach Record Levels in Q3

Corporate real estate (CRE) investment within Central and Eastern Europe (CEE) increased in Q3 by 14%, to a record €2.297 billion, with total yearly volume up 6% according to the most recent report on CEE property investment from CBRE.
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