News Prologis sees further growth in H1
04
Aug
2015

Prologis sees further growth in H1

by Ákos Budai
Prologis, announced its results for the first half of 2015 in Central and Eastern Europe (CEE). H1 saw over 900,000 square metres leased 97,000 square metres acquired, 97,500 square metres under construction and 130,000 square metres completed.
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News European CRE investment increases 15% on Q2 2014
04
Aug
2015

European CRE investment increases 15% on Q2 2014

by Ákos Budai
Investment into the commercial real estate (CRE) market totalled nearly €56 billion in the second quarter of 2015, up 15% on Q2 2014, according to the latest figures from global real estate advisor CBRE. Although the rate of year-on-year growth in investment activity has slowed slightly compared with Q1, it is still the highest Q2 total since 2007. Commercial real estate investment in Central and Eastern Europe slowed in H1 2015 due to a lack of available prime stock and the impact of rent contraction in Warsaw’s office market, the region’s most liquid market.
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News CEE countries on the rise - says RICS
18
May
2015

CEE countries on the rise - says RICS

by Ákos Budai
According to the RICS Commercial Property Monitor for Q1 2015 most countries in Central and Eastern Europe can expect relatively strong economic growth and the expectations for commercial property markets are also broadly positive. The Occupier Sentiment Index has finally registered a positive value in all four examined countries. The Investment Sentiment Index is firmly in positive territory for both the Czech Republic and Hungary, but is also not in negative territory in Bulgaria and Romania.
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News Prologis inks new BTS agreement with BMW Group in Germany
12
May
2015

Prologis inks new BTS agreement with BMW Group in Germany

by Ákos Budai
Prologis has announced on Tuesday the signing of a 118,000 square meter build-to-suit (BTS) agreement together with BMW Group in the Landshut region of Bavaria.
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News Cushman & Wakefield to Merge with DTZ
12
May
2015

Cushman & Wakefield to Merge with DTZ

by Ákos Budai
Cushman & Wakefield and DTZ have reached a definitive agreement on Tuesday to merge and are set to become one of the largest global real estate services companies.
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News Prologis reports strong Q1 performance in CEE
23
Apr
2015

Prologis reports strong Q1 performance in CEE

by Ákos Budai
Prologis has announced its first quarter 2015 business activity in Central and Eastern Europe (CEE) on Thursday. The first three month of the year saw the acquisition of a logistics park in Hungary and the start of two speculative developments in Poland.
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News Record-breaking deal on Warsaw office property market
17
Apr
2015

Record-breaking deal on Warsaw office property market

by Ákos Budai
Ghelamco Poland has signed a record-breaking agreement for the lease of office space at Warsaw Spire. The new tenant will take nearly 22,000 square metres in the A-class building whose occupancy rate has now soared to over 50%.
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News Prologis to start new speculative development
13
Apr
2015

Prologis to start new speculative development

by Ákos Budai
Prologis, the global leader in industrial real estate, today announced it has broken ground on a speculative facility totalling 18,500 square metres at Prologis Park Wroclaw V. Construction is scheduled for completion in the third quarter of 2015.
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News First facility at Prologis Park Prague-Airport completed
09
Apr
2015

First facility at Prologis Park Prague-Airport completed

by Ákos Budai
Prologis, Inc., the global leader in industrial real estate, has on Thursday announced the opening of a 30,000 square metre speculative distribution facility at Prologis Park Prague-Airport.
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Latest news


New leases

  • The largest retail chain in Poland offering RTV/AGD equipment has leased over 4,200 sq m of modern space in the MLP Poznań logistics centre. Media Expert will start operating in the new location in July 2025. The company was advised by Cushman & Wakefield in the leasing process
  • Supeco, the discount format operated by the Carrefour Group, will open a new store spanning 1,300 sqm in FunShop Park Ploiești starting Q3 2025. With this new lease deal, Scallier’s retail project is now almost fully occupied.
  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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