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

  • EPP's Galeria Sudecka in Jelenia Góra is strengthening its offering with lifestyle and service brands, including a newly opened Fit Style gym, the addition of Rituals Cosmetics and Kodano Optyk, and the expansion of Medicine and Wakacje.pl. The new agreements and renewals in Galeria Sudecka cover almost 1,900 sqm of commercial space.
  • Flex office space operator Mindspace announced the signing of a 10-year lease for 4,500 sqm of offices in the Skyliner II tower near Rondo Daszyńskiego in Warsaw.
  • Modular Services, an outsourcing company specialising in IT, finance, and cybersecurity operations, has expanded its office space within the United Business Center 3 (UBC 3) building. Part of the Palas mixed-use development, the international firm has doubled its surface area to 1,300 sqm across two floors.

New appointments

  • Axi Immo has expanded its Office Agency team to strengthen its presence in southern Poland and Warsaw. Karolina Słysz joins as Head of Regional Markets, bringing 10 years of experience to lead efforts in Katowice, Kraków, and Wrocław. Elżbieta Golik has been appointed Associate Director, leveraging over eight years of expertise in tenant representation. In Warsaw, Filip Kowalski joins as Associate Director, focusing on lease negotiations. Additionally, Anna Piłka-Sutkowska has been promoted to Advisor following four years with the firm. To support these transitions, Natalia Majsterek has been hired as Office Department Coordinator.
  • CTP has appointed Cătălin Dit as COO in Romania to strengthen its management team. In this role, he will collaborate closely with Managing Director Ronald Binkofski. Dit brings a wealth of executive experience from the technology and e-commerce sectors, having previously served as CEO, CCO, and Fulfillment Director.
  • Avison Young has strengthened its Polish operations by recruiting Natalia Puza and Damian Bafeltowski. Puza joins as Senior Consultant in the Office Agency, bringing over 11 years of experience. In her new role, she will support office projects in Warsaw and regional markets. Bafeltowski joins the Investment Advisory division as a Consultant. He will focus on market analysis and commercial due diligence across all real estate sectors.

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