Story of the Week

New records set on Poland's office market

Companies signed lease agreements for nearly 723,000 sqm of modern office space in the first six months of 2017. This constitutes the best ever result for Poland's market. In total, nearly 320,000 sqm was completed while 1.8 million sqm of office space remains under construction. JLL summarised H1 2017 on the office market in Poland.

Office

BNP Paribas Real Estate manages Warsaw’s Wronia 31

The new office and retail scheme located at Wronia 31 has as of 1 July joined the portfolio of properties managed by BNP Paribas Real Estate Poland. The property with the total leasable area of approx. 16,000 sqm is located...

Prague office market vacancy rate decreases

Warsaw office market enters next stage of maturity

Industrial

Poland in Europe's top 3 for industrial space demand

1.72 million sqm of industrial space was leased in Poland in H1 2017 which is the best result in market history. Net take-up totalled 1.3 million sqm which is the third best result in Europe. Total demand is likely to...

Demand grows for Polish industrial space

Solid growth on the Romanian industrial market

Retail

Bulgarian shopping centre rents increase

During the first half of 2017 demand and supply of modern retail space in Bulgaria have been aligning with each other, according to a new research by Colliers International. During the period, modern shopping centers retail space supply balanced with...

AFI Europe starts new project in Brasov

New retail chains enter Poland

Report

Cautious start of the year in Slovakia

The Slovak investment volume reached only €154 million in H1 2017. A number of transactions, across all sectors currently in various stages of the transaction process are estimated to be worth ca. €350 million and should fall into H2 2017,...

Retail drives CEE real estate investment markets

Investment volume to reach the €1 billion mark in Romania

Investment

Star Capital buys two Czech shopping centres

Prague-based tar Capital Investments has become the new owner of the Futurum Ostrava and OC Haná shopping centres in the Czech Republic. CBRE participated in these transactions, representing the foreign sellers. CBRE also manages the building and leasing activities for...

Hines sells Warsaw’s Proximo I for €117 million

Globalworth completes Green Court acquisition in Bucharest

Hotel

CEE hotel investment market set to outperform 2016

The volume of hotel transactions achieved in the first half of 2017 was more than €700 million with 34 transactions recorded in core CEE markets. In comparison, 2016 achieved just over €630 million with 20 transactions in the same period,...

CPI Property Group to expand in České Budějovice

Warimpex closes sale of 8 CEE hotels to Thai investor

Residential

Cordia buys Bucharest plots for residential development

Following the expansion in Budapest, Krakow and Warsaw, Cordia has re-entered the Romanian capital with a 400 apartment development. Futureal Group’s residential subsidiary acquired 13 plots with a total area of 15,336 sqm in Bucharest where the project will be...

Skanska buys land for €31 million in Prague

AFI Europe to invest €200 million in Belgrade development

Career

Cresa to enter Poland by opening Warsaw office

Cresa, a tenant-only real estate advisor, will open an office in Warsaw this autumn. Piotr Kaszyński, who has 20 years’ experience in the real estate sector, will lead the Polish office.

New appointments at JLL Slovakia

Colliers Hungary welcomes Michael Smithing back

Interview

No need to fear digitalisation in real estate

The recession and the years following it have brought about significant changes in facility management. The market players are challenged by developers not always thinking ahead and by a seriously lacking workforce. László Vágó, CEO of Strabag Property and Facility...

Are Czech cities smarter than Hungarian ones?

New opportunities for growth on the Czech market