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Articles - CEE office market

Leading marketing agencies join forces to leverage Proptech solutions for the UK and European real estate markets

Online Real Assets and Lodestar have signed a joint agreement to provide the real estate sector with high-value integrated services. The deal will cover both the UK and Central and Eastern European markets.

Asian, American and South African money looking for refuge in the real estate from Romania and the region

New foreign investors from Asia, North America and South Africa are showing increasing interest for the real estate market in Central and Eastern Europe, looking for opportunities for placements in commercial assets.

Amazon opens offices in Prague 6

Amazon opened its office at The Blox in Prague-Dejvice.

Real estate market in Romania, biggest yields in the region

Joseph Houlihan, the president of the Managing Committee of European Property Federation, an organization headquartered in Brussels which includes real estate players with a total portfolio of EUR 1,500 billion, says that the real estate market in Romania is growing, attracting more and more the developers and investors due to the yields offered.

Papalekas: In 2-3 years problems could reappear on Bucharest office market

In 2-3 years problems could reappear on Bucharest office market, as there are more and more developments and the request will not keep up with the deliveries dynamic, said the businessman Ioannis Papalekas.

DTZ: Bucharest boasts biggest CEE pre-lease transactions in H1

Bucharest saw two of the biggest pre-lease transactions of office space in the first six months of the year in the Central and Eastern European region, according to a DTZ report, quoted by Mediafax.

TriGranit sells Millennium Gate to International Medical Centers

TriGranit has sold its Millennium Gate scheme in Budapest to Dutch-registered International Medical Centers, which is expected to complete construction of the two towers and fit them out in order to provide healthcare services.

Office markets in CEE continue to be supply-led through new development

A number of markets experienced a rise in the vacancy rate of the back of a large volume of new supply through the end of 2013 into the first half of 2014 including St. Petersburg, Moscow, Warsaw and Prague. The regional vacancy rate increased to 13.6 percent in 2014 H1, up from 11.8 percent in H1 2013 according to recent research released by Colliers International
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