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.

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

Office

Warsaw office market enters next stage of maturity

The Polish office market has seen rapid growth with Warsaw’s office stock more than doubling over the last ten years, as revealed by Cushman & Wakefield in its cyclical report Skyline Tracker, outlining modern office supply forecasts.

Immofinanz appoints Savills as PM in the Czech Republic

Skanska to launch Poznan urban renewal project

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

Industrial

Demand grows for Polish industrial space

In H1 2017, the supply of industrial space stood at almost 793,000 sqm and as a result the total stock in Poland exceeded 12 million sqm. It was over 10% more than in H1 2016 when the level of supply...

Solid growth on the Romanian industrial market

Third-party logistics drive the Czech industrial market

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