New Immo Holding, which brings together the real estate activities of the Mulliez Family Association, has recorded gross revenues of €304.5 million during H1 2023, up 7% compared to the same period of last year, while the rental income rose by 2.6%. 

Property Forum is proud to be joining the first European World Built Environment Forum as a Media Partner. The event, organised by Property Forum’s long-term partner, the Royal Institution of Chartered Surveyors (RICS), will be held at the Procuratie Vecchie, Venice, a historical landmark in Piazza San Marco, in collaboration with Generali Real Estate.

Property Forum’s annual SEE Property Forum Award Ceremony will take place during SEE Property Forum on 24 October 2023. The list of award categories is already available and nominations are now open until September 11th. Property Forum’s Country Manager for Romania Fulvia Meirosu and CEO Csanád Csürös answered all potential questions related to the nomination process and explained how the winners will be selected.

Immofinanz Group recorded strong growth in both rental income and operating results in the first half of 2023. Rental income rose by nearly 80% year-on-year to €258.9 million and, at €216.8 million, the results of asset management were 97.1% higher than the first half of the previous year. The results of operations and sustainable FFO 1 from the standing investment business more than doubled to €118 million and €140.9 million, respectively.

Property Forum is excited to announce that the first edition of “The 50 most influential people in Poland’s real estate market” will be published on November 14th during our Future of Real Estate 2023 conference in Warsaw, co-organised by RICS.

The workforce is changing, and Generation Z is leading the way. This generation, born between 1997 and 2012, is now entering the workforce in large numbers, and it is characterized by its unique values and aspirations, according to Maria (Tudorică) Jianu of Genesis Property. 

Join Property Forum's exclusive investment survey to voice your thoughts on crucial topics impacting the investment landscape. From inflation concerns to market expectations, your input will contribute to identifying trends, guiding decisions and shaping the course of the CEE region's investment journey. By sharing your perspectives, you not only contribute to shaping the future of the industry but also stand a chance to secure a free ticket to the highly anticipated CEE Property Forum 2023 event.

CA Immo has reported a solid operating performance record for the first half of 2023. The results for the first six months show, among other things, a significant increase in rental income (+12%) and strong income from the sale of non-strategic properties (sales result of €112 million, FFO II +122%), resulting in a 121% increase in EBITDA. In total, CA Immo generated a consolidated net profit of €13.5 million.

The residential estate market in Bulgaria cooled down in Q2 2023, with a 15% decrease in the number of transactions compared to the same period in 2022. This was due to several factors, including rising interest rates on mortgage loans, inflation, and economic uncertainty. Buyers have become more prudent, not rushing into purchases, and often negotiating discounts ranging from 5% to 10% off the initial property sale price. These are the conclusions made by Arco Real Estate for Q2 2023.

In 2022, the value of transactions on the Polish commercial real estate market amounted to approximately € 5.8 billion, which showed that after the difficult years of the pandemic and the outbreak of conflict in the East, Poland turned out to be a stable market with a large group of investors interested in investing capital in our country and a wide range of attractive investment products. However, in the first half of 2023, we witnessed the previously expected investment slowdown. After six months of  2023, the total investment volume amounted to only around €800 million, which means a decrease of 70 per cent compared to the same period a year earlier, says Bartłomiej Zagrodnik, CEO of Walter Herz advisory agency.