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Office Market News

Unirea Shopping Center plans a cinema and a skate-rink on its roof

Adamescu family, involved in insurance, real estate and hotel business, consider the development of a cinema and skate-rink on the roof of Unirea Shopping Center in Bucharest centre, as well as the opening of a restaurant with Michelin stars, of a series of luxury stores within Intercontinental five stars hotel and to double the area of Unirea commercial centre in Braşov.

Office markets of Central European capital cities in H1 2013

Warsaw is the largest office market in Central Europe in terms of leasing volumes, existing built stock and development pipeline, according to the latest report on the office markets in the region’s capital cities of Bratislava, Budapest, Prague and Warsaw, published by Cushman & Wakefield, a leading global real estate services firm.

Hines acquires two more logistics facilities in Poland

The Warsaw office of Hines, the international real estate firm, has announced that the firm’s Hines Russia & Poland Fund (HRPF) has purchased two logistics facilities from TMW Pramerica Property Investment GmbH.

Brasov - Comarnic highway project is modifying the route, but will not be postponed

The general manager of CNADNR, Narcis Neaga, has denied the information according to which the bid for the construction of the segment of the highway Brasov - Comarnic would be postponed due to route’s modification.

NEPI made the deal with Bel Rom to take over Severin Shopping Center

South-Africa’s investment fund New Europe Property Investments (NEPI) took over Severin Shopping Center, developed by the Belgium’s Bel Rom, as well as a land nearby of 2.3 ha, have announced the lawyers Voicu&Filipescu, who assisted the seller in the transaction.

Echo Investment gave up a floor in Korona Braşov

Polish company Echo Investment modified the structure of Korona mall they intend to develop starting 2014 in 2014 in Braşov and plan to buy retail projects already existing in the country, considering that the high pressure on rents makes difficult the construction on new buildings.

DTZ: Prague’s new spec offices boom

A record volume of new office will be added to Prague’s office market this year, according to the recent report published by DTZ. Over 58,000 sqm will come on-line in Prague 1 alone, the capital’s central district, more than in the pre-crisis peak in 2006.

Baneasa Shopping City to open 13 new stores and a beauty centre

Baneasa Shopping City opens a series of stores and a beauty center, once the autumn-winter season starts.

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