News - Eastern Poland attracts more investors
31
Jul
2019

Eastern Poland attracts more investors

by Property Forum
Eastern Poland continues to attract increasing interest from both Polish and overseas investors. Its cities, including Lublin, Białystok and Suwałki, are gaining favour with logistics and manufacturing firms planning to expand, according to Kamil Żach, Land Specialist, Industrial and Logistics Agency at Cushman & Wakefield.
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News - CTP expands its network in Budapest
31
Jul
2019

CTP expands its network in Budapest

by Property Forum
CTP is on a good track to deliver more than 100,000 sqm premium category industrial space on the Budapest market in the next 12 months.
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News - CBRE manages development of factories in Romania
31
Jul
2019

CBRE manages development of factories in Romania

by Property Forum
Over the past five years CBRE, through the Building Consultancy Division, has managed the building projects of three production units in Romania with a surface area of approximately 50,000 sqm that totals customer investment of over €100 million.
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News - Continued strong demand for Czech warehouses
31
Jul
2019

Continued strong demand for Czech warehouses

by Property Forum
During Q2 2019, gross take-up on the Czech industrial market, which includes renegotiations, reached 380,500 sqm showing an increase of 21% over the Q2 2018. The Industrial Research Forum announced the final industrial market figures for Q2 2019.
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News - New tenants drive Budapest’s office market
25
Jul
2019

New tenants drive Budapest’s office market

by Property Forum
Total demand on the Budapest office market reached 163,390 sqm in Q2 2019, representing an almost equal amount of take-up compared to the same period of last year. New leases accounted for 42.7% of the total leasing activity, according to BRF’s latest figures.
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News - Panattoni Europe completes 60,000 sqm for Amazon in Poland
25
Jul
2019

Panattoni Europe completes 60,000 sqm for Amazon in Poland

by Property Forum
Panattoni Europe has completed the construction of another facility for Amazon with more than 60,000 sqm of space. The logistics centre in Bolesławiec in Lower Silesia will receive products from sellers and suppliers, and then distribute them to Amazon’s e-commerce centres. The project was built in line with the guidelines for BREEAM certification and is already the seventh joint project between the two companies – in the space of five years the developer has delivered 745,500 sqm to the world’s largest online store.
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News - Prague’s office market slows down a bit
25
Jul
2019

Prague’s office market slows down a bit

by Property Forum
Gross take-up on Prague’s office market in Q2 2019 amounted to 100,600 sqm, representing a 9% decrease on the previous quarter The Prague Research Forum announced the office market figures for the second quarter of 2019.
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News - Radisson to open two new resorts in Poland
25
Jul
2019

Radisson to open two new resorts in Poland

by Property Forum
Radisson Hotel Group announced an agreement with Zdrojowa Invest & Hotels group for two new-build Radisson resorts in Poland. The hotels span the country, from the foothills of the Karkonosze Mountains in Szklarska Poręba to the northern Baltic coast in Kołobrzeg. The hotels will be part of the upscale Radisson brand, bringing the group's portfolio in Poland to 18 properties across five brands – including Radisson Collection, Radisson Blu, Radisson RED, Radisson and Park Inn by Radisson.
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News - Colliers becomes PM of Cluj-Napoca office building
25
Jul
2019

Colliers becomes PM of Cluj-Napoca office building

by Property Forum
Colliers International Romania has been assigned to provide property management services for the office complex The Office in Cluj-Napoca, owned by Dedeman, the DIY store chain who marked their entrance on the real estate market in 2018 by acquiring The Bridge offices in Bucharest. Thus, the total portfolio managed by Colliers reaches almost 500,000 sqm: 210,000 sqm are located outside Bucharest, out of which over 100,000 sqm represent offices only.
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News - Local and Korean investors dominate the Czech market
25
Jul
2019

Local and Korean investors dominate the Czech market

by Property Forum
The information on investment transactions in the Czech real estate sector for H1 2019, collected by Cushman & Wakefield, indicates a significant increase in volume. The figure achieved – €1.743 billion – shows that the decrease in 2018 was just a sway and not a real trend. The real estate market is expected to thrive in the latter half as well and its total performance could exceed €3 billion.
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Latest news


New leases

  • Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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