Locked content More than 5 mln sqm office area by end of 2018 – CBRE

Office area in the cities may exceed 5 million sqm by the end of 2018 versus 4.6 million sqm at the end of H1, CBRE reported. The office area can grow by 12 percent y/y in 2018, it stated. Dynamic development of the regional office market is expected at least until the end of 2020.  In the… ...

Locked content Poland may reach 24 mln sqm office space in 2028 – Savills

There are already 10 million sqm of modern office space in Poland,  Savills consulting company said. By 2028, total office resources may expand to up to 24 million sqm, according to the real estate advisory. “If we maintain today’s dynamics within the next 10 years, our office market in ...

Locked content Nokia leases over 7,000 sqm in Echo’s West Link

Nokia Networks, a Finnish multinational IT company, has leased over 7,000 sqm of office space in the West Link building, which Echo Investment is now developing in Wrocław. The company is already the anchor tenant of the neighbouring existing West Gate building, which was also developed by Echo Inve...

Locked content Bonarka for Business complex expanded by 10,000 sqm

Real estate developer TriGranit has officially opened the sixth office building “F” of its Bonarka for Business (B4B) complex in Kraków, the company announced in a market filing. The eight-storey building comprises 10,000 sqm GLA, of which a half has already been leased out to IT service...

Locked content C&W: Warsaw office stock up by 350,000 sqm in H1

Sixteen office buildings comprising a combined 350,000 sqm were completed in Warsaw in H1 2016, bringing the total modern office stock in the city up to almost 5 million sqm, according to a recent report by Cushman & Wakefield. Approximately 100,000 sqm is scheduled for completion in H2 2016, wh...

Locked content Immofinanz granted PLN 150 mln loan by German bank

German bank Deutsche Pfandbriefbank provided real estate developer Immofinanz with a €34 million (PLN 147 million) loan, the company informed in a market filing. These funds will be directed to refinance the Nimbus office scheme, completed in 2014. Nimbus Office offers over 19,000 sqm of class-A off...