Story of the Week

What’s next for Budapest’s retail market?

The residential and office markets have received the lion's share of attention in Budapest recently, but the retail market is also gaining more interest from both tenants and investors. Tourism is booming, domestic purchasing power is growing and the only thing that can hinder growth is the lack of available space and new developments on the market.

Investment

Skanska sells Prague office building for €50 million

Skanska has sold the office building Five in Prague, to a real estate fund managed by TRIUVA Kapitalverwaltungsgesellschaft for €50 million. The transaction will be recorded by Skanska Commercial Development Europe in Q2 2017, with the transfer of the property...

Colliers sells industrial building in Hungary

EPP completes acquisition of three Polish malls

Office

Colliers to manage Bucharest office project with private hospital

Colliers International has been assigned by Hili Properties to provide property management services for the Art Business Center office project, which houses the largest private hospital in Romania. Thus, Colliers International reaches a managed portfolio of over 280,000 leasable sqm...

Echo’s new Warsaw office project gets its first green light

TriGranit expands Krakow office complex

Industrial

Goodman expands Pomeranian Logistics Centre

Goodman Group has completed its second warehouse at the PLC in Gdansk, increasing the complex's capacity to 88,000 sqm.

P3 to construct two new warehouses in Prague

CTP hands over South Bohemia factory

Interview

Are Czech cities smarter than Hungarian ones?

Bank cards play an increasingly bigger role in every aspect of our lives and passengers in CEE countries are becoming increasingly open towards using electronic payment solutions to pay for public transport services. Frantisek Jungr, Senior Business Development Manager for...

New opportunities for growth on the Czech market

2017 can be the best year yet for the Romanian market

Report

Warsaw to capture a share of post-Brexit business

Savills has listed the trends dominating Warsaw’s office market. The most important observation is the creation of a new group of tenants – co-working space operators, which generate an increasing share of demand. Also, as a result of Brexit, up...

Investors focus on Hungary and Czech Republic

Slovakia deserves more attention from investors

Retail

Traditional retailing is here to stay

The rapid growth of e-commerce is unlikely to put an end to existence of physical stores. Both online and offline platforms will co-exist, becoming increasingly intertwined. However, in-store technology innovations will change shopper behaviours in shopping centres. These are the...

EBRD invests in Polish food retailer

Extensions are driving retail developments

Hotel

Warimpex closes sale of 8 CEE hotels to Thai investor

In February, Warimpex announced the sale of a portfolio of eight hotels to the Thai investor U City. On 31 May, the transaction was successfully closed. Warimpex has taken advantage of this positive momentum on the CEE hotel investment market...

New airport hotel structurally complete in Budapest

Elbit Imaging puts two Bucharest hotels on the market

Career

Colliers launches new business line in Romania

Colliers International has launched a new business line in Romania, Retail Services, and aims to become a „one-stop shop” for retail developers. The Retail Services Division is coordinated by Simina (Istrate) Niculiţă, who has more than 12 years of experience...

C&W and Forton extend affiliation in SEE

BNP Paribas Real Estate publishes 2016 results

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