Story of the Week

There’s no way to go up but up in CEE

While Western European investment markets have peaked and investment volumes are going down, CEE markets are having a strong momentum with volumes going up. This growth is most visible in the Czech Republic which posted its strongest Q1 figures on record this year. Over 20 speakers and more than 100 visitors came together in the Czech capital for the first ever Prague Property Summit, organised by Property Forum and RICS, to analyse the potential of the market from a global perspective. 

Hotel

Swissôtel enters the Bosnian market

Swissôtel, part of AccorHotels, has entered into a franchise agreement with Al Shiddi International for the development of a new 218-room urban resort scheduled to open in early 2018. Situated next to Bosnian Parliament, within the mixed-use Sarajevo City Center...

Hotel markets in CEE capitals grow strongly

Prague ranks as hottest spot for CEE hotel investments

Investment

South African investor buys two Bulgarian malls

MAS Real Estate, a commercial property investor, developer and operator listed in both Johannesburg and Luxembourg, announced the acquisition of two shopping malls in Bulgaria, for €62 million. The malls have been acquired from Globe Trade Centre and the European...

Futureal sells Corvin Skypark in Budapest to OTP fund

Europa Capital buys Radisson Blu hotel in Warsaw

Office

New leases dominate the growing Prague office market

The first quarter of 2017 saw only one office building delivered to the Prague market. Strong demand from tenants helped the vacancy rate decrease by 1.1 percentage points to 9.4%.The Prague Research Forum announced the office market figures for Q1...

JLL to take over management of Łódź office building

Skanska helps introduce WELL to CEE

Career

C&W and Forton extend affiliation in SEE

Cushman & Wakefield has renewed and rebranded its exclusive arrangement with Forton as its affiliate in Bulgaria and Macedonia. The formal affiliate appointment follows the 2015 global merger of Cushman & Wakefield and DTZ. Forton has been Cushman & Wakefield’s...

BNP Paribas Real Estate publishes 2016 results

Colliers appoints new Managing Director for CEE

Retail

What’s next for outlet centres in Poland?

14 outlet centres operating in Poland eye the increasing competition which will force numerous of them to undergo qualitative changes, enhance their offer and improve operational performance. Along with increasing wealth of Polish consumers, the premium offer will grow in...

Colliers to manage two buildings in Prague’s CBD

Polish shoppers set to spend 40% more

Interview

New opportunities for growth on the Czech market

The Czech Republic has long been one of the favourite destinations of investors looking for opportunities in CEE and their unwavering confidence is proof that the market’s outlook for the future remains positive. Jaroslav Kaizr MRICS, CTP’s Business Director talked...

2017 can be the best year yet for the Romanian market

Romania is the country to watch out for in 2017

Industrial

Automotive supplier to establish €47 million plant in Ostrava

Colliers International has announced the completion of its advisory role in helping Chassix, a global automotive supplier of precision casting and machining solutions, to establish a greenfield plant in the metropolis of the Moravian-Silesian region of the Czech Republic. 

Budapest industrial stock expands further

Panattoni Europe completes BTS project in Łódź

Report

All eyes on the Czech property market

On 25th April 2017 the first edition of Prague Property Summit, organized by Property Forum in partnership with the Royal Institution of Chartered Surveyors (RICS) will gather leading real estate professionals and top executives from Central and Eastern Europe to...

€1.3 billion invested in Czech property in Q1 2017

Q1 2017: strong start for CEE investment markets

Residential

Skanska buys land for €31 million in Prague

Skanska has acquired land in Prague, Czech Republic, from Codeco UK. The total investment amounts to CZK841 million (app. €31.1 million).

AFI Europe to invest €200 million in Belgrade development

Hungarians buy less homes in 2016