2017 has not ended yet, but it is safe to say that it has been a record year for the CEE property market. The period of strong growth is not over yet, market sentiment is positive and all signs point to 2018 bringing new opportunities for expansion in the property business. In times like these it is especially important to find the time to share knowledge and make new connections, which is why Property Forum will continue to provide a meeting point for the CEE property industry. In 2018 Property Forum events will be held in Bratislava, Bucharest, Prague, Vienna and – for the first time – in Warsaw.
New features and a new location
In 2018 Property Forum events will be held in Bratislava, Bucharest, Prague, Vienna and – for the first time – in Warsaw. Industry experts from a wide range of backgrounds will continue to share their ideas in the form of presentations and roundtable discussions. In addition to that, next year we will introduce discussion groups to our events. Attendees will have the chance to choose from a range of different topics and spend the last 60-90 minutes of the conference discussing the topic in a group of no more than 15 people, led by a moderator who is an expert in the given field. After the more formal panel discussions of the day this will provide an opportunity to share and gain knowledge in a more informal way with more direct networking opportunities. An interactive networking app and dedicated networking lounges will also help attendees to make meaningful new connections.
Record number of visitors in 2017
The first ever Property Forum event was organised in Vienna four years ago. CEE Property Forum 2013 had nearly 30 speakers and 150 visitors. This year 70 speakers and more than 400 visitors got together in the Austrian capital at the fifth CEE Property Forum. Not only the numbers of participants but the topics have also increased during these five years. All CEE countries and all segments of the market from office to hotel and from retail to student housing are covered by diverse panel discussions and special attention is payed to topics that are currently reshaping the face of the property business, namely wellbeing and property technology.
The second largest Property Forum event focuses on the most dynamically growing region of the continent, Southeastern Europe. To this date, SEE Property Forums have been held in Belgrade and Bucharest. This year’s event, SEE Property Forum 2017 attracted 50 speakers and more than 200 visitors in the Romanian capital.
“In 2017 Property Forum continued its expansion by the introduction of new locations. Over 20 speakers and more than 100 visitors came together in the Czech capital for the first ever Prague Property Summit in April. A few weeks later a similarly sized crowd analysed the potential of the Slovak market at the first Bratislava Property Summit. 2018 is expected to be another year of growth for Property Forum with the introduction of new locations”, said Csanád Csürös, CEO of Property Forum.
About Property Forum
Property Forum events – real estate focused conferences, business breakfasts and workshops – are organised all over Europe: in Belgrade, Bratislava, Bucharest, Budapest, London, Prague, Vienna and Warsaw. Property Forum events are characterised by high-level networking opportunities and unique professional content thus attracting over 2000 people annually and making Property Forum one of the leading event hubs of the CEE real estate industry.
Property Forum’s core values are the inspired format, the quality of content and the commitment to seek out the most interesting and most inspiring speakers in the industry and let them share their knowledge and passion.
The Royal Institution of Chartered Surveyors (RICS) is the official event partner for all Property Forum events. RICS is the world’s leading qualification when it comes to professional standards in land, property and construction. It is an independent professional body, committed to setting and upholding the highest standards of excellence and integrity - providing impartial, authoritative advice on key issues affecting businesses and society. RICS is a regulator of both its individual members and firms enabling it to maintain the highest standards and providing the basis for unparalleled client confidence in the sector.
The Hungarian branch of Tech Mahindra has prolonged its lease in the CityZen office building in Budapest. OTIS Group has also signed an extension of its lease on the same property.
Poland's only concept store of the fashion brand PRM can now be visited at Fabryka Norblin, a complex in the Capital Park Group's portfolio in Warsaw. The PRM store occupies an area of nearly 600 sqm.
Douglas is opening its 150th perfumery in Poland, in Galeria Starówka in Leszno (western Poland). The new perfumery occupies an area of 196 sqm and is the second perfumery in the city.
New appointments
Piotr Herian has taken up the position of ISS CFO for Poland and the Baltics. ISS is a leading company in the creation of friendly workplaces and comprehensive facilities management.
Paulina Strutyńska has been promoted to the position of Leasing & Asset Director at Skanska’s commercial development business unit. She is now responsible for leasing processes in the Warsaw market as well as Key Customer Management. Agnieszka Krawczyk-Rogowska is responsible for project commercialization and client liaison in Gdańsk, Kraków, and Bucharest, while Marek Stasieńko is responsible for the Wrocław, Poznań, and Łódź markets.
The Supervisory Board of Globe Trade Centre S.A. has appointed Balázs Gosztonyi as a member of the Management Board of GTC S.A. Balázs Gosztonyi has held the position of Chief Financial Officer at GTC Hungary since January 2024. He joined GTC Group in September 2023 as Group Controlling Director.
In 2024, the total investment volume in Poland amounted to €364 million, marking the weakest result for the first quarter in recent years. Interestingly, 25% of the invested capital comes from Polish investors. The warehouse sector remains the leader, accounting for 38% of the total investment volume. Unchanged, the vast majority of office transactions took place in Warsaw, while commercial investments were dominated by retail parks. Additionally, the market also saw two transactions in the residential sector in Warsaw, and two hotels were sold in seaside tourist cities, says Paulina Brzeszkiewicz-Kuczyńska, Research and Data Manager at Avison Young.
The 4-day workweek is becoming an increasingly hot topic. Although in Poland it still appears to be a thing of the future, recent years have shown how quickly labour market trends are changing. AI is also broadly expected to have a significant effect on the workplace. BNP Paribas Real Estate experts are wondering, how will all of this impact the commercial real estate market.
The vacancy rate at the end of Q1 2024 reached 8.9% in Greater Budapest, representing a 0.3 percentage points increase quarter-on-quarter, while an increase of 3 percentage points was registered year-on-year, the Budapest Research Forum reports.
Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
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