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Office Market News

Q3 preliminary volumes keep CEE on track for a record level of investment activity in 2015

International advisory company JLL presents its preliminary summary of investment transactions concluded in Q1-Q3 period of 2015 on the commercial real estate markets across Central and Eastern Europe (CEE). The summer months have again seen a hive of activity across the CEE with a preliminary transaction volume of well over €2.8 billion recorded in the third quarter.

New Location Added to the Warehouse Search Network: Warsaw, Poland

Our Warehouse Search Network has been growing steadily with new locations since the initial launch in Romania and Hungary. Today, we are pleased to announce the launch of our new websites: Magazynyinfo.pl and warehouseinfo.pl in cooperation with EuropaProperty.com

RICS at the UN Climate Summit: Moving our action agenda forward to Paris 2015

At the historic high level Climate Summit hosted by United Nations (UN) Secretary General Ban Ki-moon in New York on 23 September 2014, RICS committed to mobilise the profession and property sector leaders to actively support the work towards a binding climate deal at the UN’s formal negotiations under the 21st Conference of the Parties (COP21) in Paris in 2015.

Horizon Development Achieves Highly Acclaimed European Award for Eiffel Palace Office Building

The official results of the European stage of the International Property Awards 2015-2016 were announced at the Grosvenor House Hotel in Park Lane, London, on 22 September. Horizon Development is the national winner from Hungary, and competed against top developers from across the continent.

Foundation stone laid for Belgrade Waterfront - Implementation of EUR 3.5 billion project commenced

Implementation of the Belgrade Waterfront project, valued at EUR 3.5 billion, began officially with the laying of the foundation stone for two residential towers. The foundation stone was laid by Serbian Prime Minister Aleksandar Vucic and Eagle Hills CEO Mohammed Al Abbar.

Improving Economies to Drive Falling Vacancy and Rising Rents in European Office Markets in Next Five Years

Europe’s prime office market vacancy rate is expected to fall back to its 2009 level by the end of 2016 and then to continue declining over the rest of the decade, according to global real estate advisor, CBRE. In Europe’s major cities, office development is not keeping pace with growing demand driven by improving employment trends and almost all key office markets are expected to show falling vacancy rates and accelerated rental growth over the next five years.

CENTRAL EUROPEAN OFFICE FORECAST 2015-2017

According to global property adviser Cushman & Wakefield, the outlook is generally positive in the Central European office markets of Czech Republic, Hungary, Romania, Poland and Slovakia. Three out of the five markets are anticipating rental growth over the next three years (Bratislava, Budapest and Prague).

Fourth stage of Airport City business park construction started

Within "Aiport City" business park in Novi Beograd, the construction of the fourth stage started which comprises four buildings.

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Mara Todorovic

+381 64 983 9266


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