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News Alto RE unveils outcome of competition in Bratislava
01
Mar
2024

Alto RE unveils outcome of competition in Bratislava

by Property Forum
Alto Real Estate has just announced the winning design for the 15,000 sqm plot located near Bratislava's Old Town, in the Mlynské Nivy – Chalupkova zone, adjacent to Sky Park development. The international architectural-urbanistic competition, conducted in two rounds, has seen seven finalists selected from 38 contenders.
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News Manufacturing companies drive Czech industrial market
26
Feb
2024

Manufacturing companies drive Czech industrial market

by Property Forum
Industrial demand has shifted from logistics service providers to manufacturing companies. CBRE is reporting a year-on-year increase of 22 percentage points to a 53% share of total demand in the Czech Republic.
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News Czech capital cuts biggest portion of regional investment cake
26
Feb
2024

Czech capital cuts biggest portion of regional investment cake

by Property Forum
Higher borrowing costs and the price gap between buyers' and sellers' expectations are some of the reasons why transaction volumes are significantly below the 10-year average level of ca. €10 billion. This is according to a commercial real estate investment volumes survey by Colliers presented at a February meeting of Czech and Slovak investors and other financial experts.
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News Prague's office vacancy rate drops with no construction on horizon
22
Feb
2024

Prague's office vacancy rate drops with no construction on horizon

by Property Forum
Although office leasing opportunities are already very limited in Prague, the good news is that Colliers' survey has reported rather stable rental prices throughout the last year.
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News Modern retail market in Poland is in good shape
22
Feb
2024

Modern retail market in Poland is in good shape

by Property Forum
According to the latest quarterly report by BNP Paribas Real Estate Poland, the closing months of last year saw heightened development activity and many retailer debuts on the Polish retail market. Retail parks accounted for 80% of the new retail floor space supply.
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News RICS launches new resource to support ESG valuation across Europe
21
Feb
2024

RICS launches new resource to support ESG valuation across Europe

by Property Forum
The Royal Institution of Chartered Surveyors (RICS) is launching a new data list, alongside a thought leadership paper which explores and aids valuers in incorporating ESG into their work.
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News Stronger demand, lower vacancy – What’s driving Kyiv’s office market?
16
Feb
2024

Stronger demand, lower vacancy – What’s driving Kyiv’s office market?

by Property Forum
Despite the not-very-encouraging forecasts made by experts at the end of 2022, the office market in the Kyiv region in 2023 demonstrated stability and strengthening demand. Iryna Nastych talked to market experts and summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum  
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News How’s the S in ESG driving the development and refurbishment of offices?
14
Feb
2024

How’s the S in ESG driving the development and refurbishment of offices?

by Property Forum
Whilst significant ink has flowed in relation to the ‘E’ pillar from the vast ESG spectrum, the ‘S’ pillar is beginning to catch up in prominence particularly in the office sector across the UK and Continental Europe. Post-Covid behaviours have had a massive impact on the office offering and workforce demands - the office is by no means dead, but its role has certainly had a significant rethink, writes Mirela Calota, Director, Deal Advisory - Real Estate and Infrastructure at KPMG, in an article prepared for Property Forum.
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News Czech resi market closes 2023 with unpleasant figures
12
Feb
2024

Czech resi market closes 2023 with unpleasant figures

by Property Forum
In the area of ​​residential real estate, the year 2023 has booked a record as a period of significant sales decline, reports Valuo.cz in its residential real estate analysis. The market has fallen to its lowest level in eight years.
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News Czech mortgage rates hit 18-month low
09
Feb
2024

Czech mortgage rates hit 18-month low

by Property Forum
The beginning of February has brought a sharp fall in bank rates in the Czech Republic, and housing loans are thus the cheapest in more than a year and a half, E15.cz reports.
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Latest news


New leases

  • 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.

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