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 owners of the luxury patisserie chain DESEO Patisserie & Chocolaterie have extended their long-term lease at the Vis à Vis Wilanów retail park. The company occupies 93 sqm of stylishly arranged space within the building.
  • Funky Buddha, an international fashion brand part of the ALTEX S.A. group, is continuing its expansion into the Romanian market with the inauguration of its first store outside Bucharest, located in Iulius Town Timișoara. The new location, situated on the ground floor of the complex, marks the brand's second physical presence in the country.
  • HalfPrice has leased close to 1,600 sqm for a new store at M1 Radom centre, managed by EPP. CCC will also spend further years with M1, having renewed its lease agreement. The total area covered by the new and extended contracts exceeds 2,100 sqm.

New appointments

  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
  • Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.
  • Peakside Capital Advisors is strengthening its Polish structure, expanding its expertise in investment management and development project execution. Łukasz Meisner has joined the team as Head of Project Management. He will be responsible for the comprehensive management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.

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