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» Chronological View: " Central Europe " «

Office market flourishes in regional cities

High tenant activity, record-breaking volume of office space under construction, stable rents and decreasing vacancy rate – that could summarize the situation on the office market in regional cities at the end of Q1 2017. According to the latest report by Knight Frank, market sentiment in office market in regional cities rema...
Tuesday, 23. May 2017

MicroLiving Service takes on administration of The Fritz Tower in Berlin

The MicroLiving Service GmbH is operating the apartment building The Fritz Tower in the Mitte district of Berlin. The client is the Berlin-based Groth Group. In the residential high-rise on Lehrter Straße 266 one- and two-room apartments measuring between 22 and 51 m² are being built on 18 storeys. They are primarily aimed at...
Tuesday, 23. May 2017

Boom on the Warsaw office market continues

Cushman & Wakefield presents an overview of the Warsaw office market for Q1 2017 in its latest report Warsaw Office Market: The Boom Continues. The annual office supply is expected to average 300,000 sq m in 2017–19. The demand for office space is largely driven by IT, media and professional services. Rapid growth of the mode...
Tuesday, 23. May 2017
Gameta Clinic moves into the Helion office building in Warsaw

Gameta Clinic moves into the Helion office building in Warsaw

Gameta Clinic, also known as Centrum Zdrowia Warszawa, will move into the Helion office building in Warsaw. The opening of the clinic is scheduled for this Fall. Knight Frank acted on behalf of the property owner, the Deka Immobilien fund. The tenant was advised by Maxon Nieruchomości.
Tuesday, 23. May 2017

AEW and Kintyre acquire retail asset for opportunistic investment partnership

AEW has acquired a 9,988sqm mixed use asset in Haldensleben, in the state of Saxony-Anhalt. The acquisition is the latest transaction on behalf of AEW's opportunistic investment partnership with a US investor, which was launched in May 2015 and targets retail assets valued between €5 and €15mn.
Tuesday, 23. May 2017

JLL reveals the latest trends on the office market

JLL has taken a closer look at tenants’ preferences regarding office locations on major Polish markets based on concluded lease agreements. The company focused solely on new deals – excluding renewals of already existing contracts and expansions – signed in Warsaw (in 2012 and 2016), and Kraków, Wrocław, Tri-City, Katowice, P...
Tuesday, 23. May 2017

CTP acquires Rozália Park in Budapest

CTP continued its expansion in the Hungarian market through the acquisition of Rozália Park from Challenger, a 57,800 sq m logistics scheme directly adjacent the M1 to the west of Budapest. The acquisition, brokered by Cushman & Wakefield, continues the resurgence of the Budapest logistics market.
Tuesday, 23. May 2017
Capital Bay appoints Gottfried Drescher as Head of Retail Property Division

Capital Bay appoints Gottfried Drescher as Head of Retail Property Division

Gottfried Drescher is the new Managing Director of CB Cash & Carry Management GmbH. In this role, the 56-year-old will be responsible for the administration and development all retail properties at the Berlin-based full-service investment company. Drescher is moving to the company from Metro Cash & Carry Deutschland, where he...
Tuesday, 23. May 2017

Retail property investments continue to attract investors

Retail property investments continue to attract investors´ attention within the EMEA region as well as in the Czech Republic. Due to a lack of quality retail schemes available for purchase in the European core markets, investors´ interest has been broadening in terms of geographies as well as retail asset classes. Professiona...
Tuesday, 23. May 2017
New tenants move into Neptun office centre

New tenants move into Neptun office centre

The ranks of tenants in the Neptun office centre in Gdansk are gaining new members. MacLife – an Apple products salon moved into the property recently. This week saw the opening of the coffee and bakeshop Gorąco Polecam. Nowakowski. Knight Frank acted on behalf of GTC, the property owner, in both of the leasing processes.
Monday, 22. May 2017
Bord Architect Studio build Class A office building in Debrecen

Bord Architect Studio build Class A office building in Debrecen

An office building will be built in Debrecen. The 22,000 sq m Class A office building will be constructed using the latest technical and eco-friendly solutions. The building, set to be completed in the 3rd quarter of 2018, is designed by Bord Architect Studio.
Monday, 22. May 2017
Skanska invests €44 million in the second phase of an office project in Warsaw

Skanska invests €44 million in the second phase of an office project in Warsaw

Skanska invests €44 million in Spark 2, the second phase of the office complex Spark in Warsaw. The office building will have 10 levels of office space, with a total leasable area of around 18,000 square meters, and two levels of underground parking. Spark 2 will be a natural continuation of Spark 1. This project will benefit...
Monday, 22. May 2017

Diamona & Harnisch obtains planning consent for construction project Genthiner40

Diamona & Harnisch has been granted the planning consent for the Genthiner40 construction project at Genthiner Straße 40 in Berlin’s Tiergarten district. The company intends to raise a total of 113 high-end apartments and one large commercial unit on the premises. The construction project divides into three distinct structura...
Monday, 22. May 2017
M7 Real Estate completes leases on over 2,000 sq m of office space in Forum Marburg

M7 Real Estate completes leases on over 2,000 sq m of office space in Forum Marburg

M7 Real Estate has agreed leases on over 2,000 sq m of office space in Forum Marburg, at Neue Kasseler Strasse 62. FiNet Financial Services Network AG has extended its existing lease on over 1,700 sq m of office space, while the association Arbeit und Bildung e.V. is to move into an almost 200 sq m unit in the property. The a...
Monday, 22. May 2017

Palmers has expanded into the Czech market

Palmers, represented by CBRE, enters into the Central and Eastern European market. Palmers, an Austrian textile brand which offers underwear and swimwear for both men and women, is known mostly in Western Europe. Palmers chose the Czech Republic as the destination for expanding into the new market and is located in Havířská S...
Monday, 22. May 2017