News Retailers have a big appetite for development
07
Nov
2024

Retailers have a big appetite for development

by Property Forum
There are 4.5 million square meters of modern shopping space in Romania and there is still room for development as investors are still interested in the Romanian market. In terms of total retail space per capita, Romania is still behind other European countries, explained the speakers of the retail panel of SEE Property Forum 2024.
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News Immofinanz signs green loan for Warsaw Spire
06
Nov
2024

Immofinanz signs green loan for Warsaw Spire

by Property Forum
Immofinanz signed a new five-year, €180 million green loan with Helaba, pbb Deutsche Pfandbriefbank and Berlin Hyp, secured by myhive Warsaw Spire, one of the tallest office towers in the capital of Poland with GLA of more than 71,000 sqm and a BREEAM Excellent certification. The green loan replaces a previous financing that was due to mature in January 2025.
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News PSN completes small-scale housing project in Prague
06
Nov
2024

PSN completes small-scale housing project in Prague

by Property Forum
PSN has obtained the approval for building use of the Skyline project in Prague's Chodov with small residential units. The project has been developed as the reconstruction of a part of the Top Hotel. 
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News Trump is back: What this means for CEE real estate
06
Nov
2024

Trump is back: What this means for CEE real estate

by Csanád Csürös
Donald Trump has secured the necessary electoral votes to secure a second term, raising questions about how his presidency will influence real estate markets in Europe and CEE.
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News CTP’s rental income up 18.2% by Q3 2024
06
Nov
2024

CTP’s rental income up 18.2% by Q3 2024

by Property Forum
Industrial developer CTP recorded a rental income of €488.4 million in the first nine months of the year, up 15.9% y/y, while the annualized rental income amounted to €702 million, with occupancy rate at 93%. 
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News Prague city real estate portfolio gains value
05
Nov
2024

Prague city real estate portfolio gains value

by Property Forum
The Prague Development Company (PDS) has submitted a regular market valuation of its real estate portfolio in Prague of 757,000 sqm of urban land intended primarily for residential construction. 
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News Developers return to Warsaw office market
05
Nov
2024

Developers return to Warsaw office market

by Property Forum
Developer activity in the Warsaw office space market is progressively increasing. More than 70,000 sqm finished by the end of September 2024 and around 280,000 sqm under construction in the coming years demonstrate that investors and developers are moving the industry forward. Take-up stays steady at roughly 490,000 sqm in Q1-Q3 2024. Axi Immo summarizes the present condition in the capital's office market. 
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News Prague reports employees back in office
04
Nov
2024

Prague reports employees back in office

by Property Forum
According to Savills European Office Occupancy Rates Report, Prague has, for the first time since the pandemic, surpassed the 60% threshold for physical office occupancy, reaching 61% in October this year.
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News Corwin reveals details of project by Snøhetta in Slovenia
04
Nov
2024

Corwin reveals details of project by Snøhetta in Slovenia

by Property Forum
Slovak developer Corwin has presented the details of its third project in Ljubljana, Slovenia. A residential tower has been designed in one of the best architectural studios in the world - Norwegian Snøhetta, hence the project name Nordika. 
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News Polish investment market experiences revival
04
Nov
2024

Polish investment market experiences revival

by Property Forum
In Q3 2024, we observed a clear revival in the Polish investment market. By the end of September, the transaction value reached €2.7 billion, marking an almost 60% year-on-year increase. In the last quarter, seven major portfolio transactions were completed, accounting for nearly 50% of the total investment volume, which contributed, among other things, to a recovery in the warehouse market, says Avison Young experts. 
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Latest news


New leases

  • Impact Developer & Contractor has announced the opening of a new Pepco store at Greenfield Plaza, the commercial centre of the Greenfield Băneasa residential district in Bucharest.
  • Iulius Mall Suceava has attracted a raft of new tenants. LPP will inaugurate a 2,000 sqm Reserved store in October. German retailer New Yorker will open a 1,400 sqm unit, while TEDi discounter will open a 900 sqm store in the project owned by Iulius.
  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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