News Czech industrial developers await tenants with shell & core
29
Apr
2024

Czech industrial developers await tenants with shell & core

by Property Forum
According to data from Colliers, a trend called shell & core is gaining momentum in the Czech Republic. This is a strategy of constructing and building out industrial buildings to the stage of providing basic structures and infrastructure.
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News Czech ZDR Investments buys retail parks in Slovenia
29
Apr
2024

Czech ZDR Investments buys retail parks in Slovenia

by Property Forum
The property map of ZDR Investments funds has expanded this year, thanks to acquiring three retail parks in the towns of Prevalje, Ravne, and Slovenj Gradec in the northern part of Slovenia.
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News Green homes’ value in Romania reaches close to €3 billion
29
Apr
2024

Green homes’ value in Romania reaches close to €3 billion

by Property Forum
Over 15,000 homes in Romania have received the green building certification between 2014 and 2024, and their combined value stands close to €3 billion, according to the Romania Green Building Council (RoGBC).
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News Prima Development makes large land purchase in Bucharest
29
Apr
2024

Prima Development makes large land purchase in Bucharest

by Property Forum
Prima Development Group has purchased a land plot spanning 6 hectares in northern Bucharest, where it plans to develop a large-scale residential project. The developer already owns another land plot of 5 hectares in the same area.
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News Sellers' and buyers' price expectations move closer in Poland
26
Apr
2024

Sellers' and buyers' price expectations move closer in Poland

by Property Forum
In 2024, the total investment volume in Poland amounted to €364 million, marking the weakest result for the first quarter in recent years. Interestingly, 25% of the invested capital comes from Polish investors. The warehouse sector remains the leader, accounting for 38% of the total investment volume. Unchanged, the vast majority of office transactions took place in Warsaw, while commercial investments were dominated by retail parks. Additionally, the market also saw two transactions in the residential sector in Warsaw, and two hotels were sold in seaside tourist cities, says Paulina Brzeszkiewicz-Kuczyńska, Research and Data Manager at Avison Young.
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News Will 4-day workweeks become standard in Polish offices?
26
Apr
2024

Will 4-day workweeks become standard in Polish offices?

by Property Forum
The 4-day workweek is becoming an increasingly hot topic. Although in Poland it still appears to be a thing of the future, recent years have shown how quickly labour market trends are changing. AI is also broadly expected to have a significant effect on the workplace. BNP Paribas Real Estate experts are wondering, how will all of this impact the commercial real estate market.
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News Industrial vacancy up again in Budapest in Q1 2024
25
Apr
2024

Industrial vacancy up again in Budapest in Q1 2024

by Property Forum
The vacancy rate at the end of Q1 2024 reached 8.9% in Greater Budapest, representing a 0.3 percentage points increase quarter-on-quarter, while an increase of 3 percentage points was registered year-on-year, the Budapest Research Forum reports.
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News Prime Kapital opens shopping mall in Pitești
25
Apr
2024

Prime Kapital opens shopping mall in Pitești

by Property Forum
Real estate developer Prime Kapital has opened Argeș Mall, a new shopping centre spanning 77,000 sqm in Pitești.
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News CTP to complete Brno brownfield office project this year
25
Apr
2024

CTP to complete Brno brownfield office project this year

by Property Forum
The Vlněna brownfield project in Brno, which was purchased in 2007 by CTP, is now entering its final phase. This year, the developer is planning to complete the first office building in this project.
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News VGP signs €1 billion deal for 10 parks
25
Apr
2024

VGP signs €1 billion deal for 10 parks

by Property Forum
VGP NV and AREIM Pan-European Logistics Fund AB have announced the signing of an initial transaction between VGP and its 50:50 joint venture SAGA. The target investment is reaching €1.5 billion.
Read more >

Latest news


New leases

  • 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.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

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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