News PropertyTalents hosts inaugural BE Mixer in Warsaw
21
Mar
2024

PropertyTalents hosts inaugural BE Mixer in Warsaw

by Property Forum
PropertyTalents, a leading European Built Environment Advisory specializing in career and company development, proudly announces the inaugural BE Mixer by PropertyTalents (Warsaw edition). This premier event is set to launch on the first day of spring, March 21, 2024, from 18:00 to 23:00, marking a new beginning filled with insights and networking.
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News AI and VR are cost killers in construction
21
Mar
2024

AI and VR are cost killers in construction

by Property Forum
Latest technological innovations may cut time and cost significantly in preparing real estate projects. Property Forum asked Béla Markovich, CEO of construction giant Mapei’s Hungarian subsidiary about the ways the company uses VR and AI to reach higher efficiency and about R+D activity to produce eco-friendly construction materials.
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News CA Immo reports 115% increase in EBITDA
20
Mar
2024

CA Immo reports 115% increase in EBITDA

by Property Forum
CA Immo has reported a solid operating performance for the 2023 business year. The results show, among other things, a significant increase in rental income (+8%) and high income from the sale of non-strategic properties (sales result of €179 million, FFO II +102%), which led to an increase in the operating result (EBITDA) of 115% compared to the previous year´s figure. Although the company had to record a market-driven non-cash revaluation loss of €532 million in 2023, the EBITDA of €322 million offsets a large part of the full-year revaluation loss, resulting in a consolidated net income of €–224.5 million for financial year 2023.
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News AFI apartments head to Prague rental market
20
Mar
2024

AFI apartments head to Prague rental market

by Maria Novakova
AFI Europe has just completed the interiors of sixty rental apartments in the second phase of the AFI Home Kolbenova project in Vysočany, Prague. They are available for immediate occupancy.
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News Romanian entrepreneurs buy land in Bucharest for resi project
20
Mar
2024

Romanian entrepreneurs buy land in Bucharest for resi project

by Property Forum
Romanian entrepreneurs Cristian and Teo Mercinoiu have bought a land plot near the Victoriei Square in central Bucharest, in a deal brokered by iO Partners.
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News VGP launches construction of new hall in Ústí nad Labem
19
Mar
2024

VGP launches construction of new hall in Ústí nad Labem

by Property Forum
VGP is starting the construction of new warehouses in its VGP Park Ústí nad Labem City. Building B is being prepared for the Czech logistics company RTR-Transport a logistika s.r.o.
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News Drees & Sommer appoints new MD for Czech office
19
Mar
2024

Drees & Sommer appoints new MD for Czech office

by Property Forum
Drees & Sommer, a European consulting company providing a single source of consultation and implementation services for the real estate, industrial, energy and infrastructure sectors has appointed Zdeněk Kovář as Managing Director for the Czech Republic.
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News Corwin secures loan for second Ljubljana project
19
Mar
2024

Corwin secures loan for second Ljubljana project

by Property Forum
The details of development financing of the new office complex by Corwin in Ljubljana have been revealed. The developer has succeeded in securing a €75.6 million loan for Vilharia, arranged by Erste Group, with Banka Sparkasse d. d., Slovenia and EXIMBANKA SR as participating lenders.
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News ESG ratings set to become pivotal elements in corporate strategy
19
Mar
2024

ESG ratings set to become pivotal elements in corporate strategy

by Property Forum
Sustainability will continue its massive growth, as stakeholders demand more action on environmental and social issues, and businesses and governments respond to stricter demands imposed by politics and climate pressures, finds a BuildGreen report.
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News Tallest tower in Europe to be built in Budapest
19
Mar
2024

Tallest tower in Europe to be built in Budapest

by Property Forum
UAE-based property developer Eagle Hills plans to build a completely new city centre in Budapest. Plans contain several highrise offices, residential and retail units, including the tallest tower in Europe.
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.

ABOUT US

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