News InteRo kicks off mixed-use development in Bucharest
01
Aug
2024

InteRo kicks off mixed-use development in Bucharest

by Property Forum
InteRo Property Development, owned by the Canadian Topolinski investors family, has kicked off the construction of a new mixed-use project in Bucharest with a valuation of €1 billion. 
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News Czech warehouse rents hit ceiling
31
Jul
2024

Czech warehouse rents hit ceiling

by Property Forum
Warehouse rent levels in the Czech Republic have doubled over the past five years. Now they have reached the peak. According to experts from Colliers, price corrections are a topic for discussion.
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News Industrial park in Prague Letňany changes owners
31
Jul
2024

Industrial park in Prague Letňany changes owners

by Property Forum
Savills has successfully facilitated the disposal of Green Park, Letňany, in Prague 18. The Creditas Nemovitostní I fund has acquired the property.
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News Retail park in Gorzów Wielkopolski to change hands
31
Jul
2024

Retail park in Gorzów Wielkopolski to change hands

by Property Forum
Equilis and Acteeum have sold the Silwana retail park in Gorzów Wielkopolski to Big Polska. The asset was sold for €40 million, which makes it one of the highest transactions in the Polish commercial property market this year.
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News Polish investment market shifts into second gear
31
Jul
2024

Polish investment market shifts into second gear

by Property Forum
At the end of the first half of 2024, the investment market rebounded, reaching a transaction volume of €1.8 billion, which is double the year-over-year value. In the office market, several transactions finally appeared in regional cities, and in the retail sector, the largest transaction since Q1 2022 was finalized. The warehouse sector, on the other hand, is still waiting for large transactions. Hotels are enjoying increased popularity, and in the residential segment, 5 transactions were closed in Warsaw, says Avison Young.
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News Office furniture is not like plastic bags
31
Jul
2024

Office furniture is not like plastic bags

by Michał Poręcki
Mateusz Sikora, Co-Founder of Rebench startup has talked to Property Forum about the life cycle of the office furniture, the importance of the circularity and the implementation of the ESG principles in the Polish property market.
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News Trikaya divests shopping centre in Prague
30
Jul
2024

Trikaya divests shopping centre in Prague

by Property Forum
The Trikaya real estate group has completed the modernisation of the Řepy Shopping Center in Prague and sold the entire project to the investment fund Pragorent.
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News Brno resi prices break record in Q2 2024
30
Jul
2024

Brno resi prices break record in Q2 2024

by Property Forum
The average offer price of new residential projects in Brno has exceeded CZK 129,400 per sqm (€5,093) and Q2 2024 has broken the previous record from 2022. Demand has also grown sharply, as data by Trikaya shows.
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News CTP welcomes automotive producer in Eastern Slovakia
30
Jul
2024

CTP welcomes automotive producer in Eastern Slovakia

by Property Forum
CTP has leased circa 18,000 sqm of industrial and logistics space at CTPark Prešov South in Slovakia to a Chinese company producing interior parts for the automotive sector.
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News Bucharest office pipeline stands at 46,900 sqm by 2026
30
Jul
2024

Bucharest office pipeline stands at 46,900 sqm by 2026

by Property Forum
The ongoing construction of office projects in Bucharest fell by around 50% year-on-year by H1 2024, to 46,900 sqm, with their completion scheduled for 2024-2026, according to an iO Partners report. 
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Latest news


New leases

  • 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.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.

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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