News Vastint gets LEED Gold for Warsaw hotel
20
Feb
2024

Vastint gets LEED Gold for Warsaw hotel

by Property Forum
Vastint Poland has been awarded the LEED Gold certification for the Sound Garden Hotel located within Business Garden Warsaw. This is the last of seven buildings that make up this  complex, which has successfully undergone multi-criteria environmental verification.
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News Railway station in Prague to be converted to apartments
20
Feb
2024

Railway station in Prague to be converted to apartments

by Property Forum
The Vyšehrad Railway Station located in a UNESCO protection zone in Prague has been in disrepair for many years, even in danger of complete collapse. The new owner is now introducing plans on how to revitalize it.
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News IWG to open three new office units in Budapest
20
Feb
2024

IWG to open three new office units in Budapest

by Property Forum
As demand for flexible workspace continues rising IWG has announced three new openings: Regus Budapest Infopark, HQ Budapest F99 and Regus Szépvölgyi will offer private offices, meeting rooms, co-working and creative spaces.
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News Construction figures drop in Hungary
20
Feb
2024

Construction figures drop in Hungary

by Property Forum
In 2023, 18,647 new dwellings were built, 9.2% fewer than a year earlier. The number of dwellings to be built under construction permits and simple declarations issued was 21,501, 39% fewer than in 2022, Hungary’s Central Statistical Office reports.
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News Speculative industrial projects may come to regional cities in Hungary
20
Feb
2024

Speculative industrial projects may come to regional cities in Hungary

by Property Forum
The development pipeline of logistics centres is still powerful around Budapest but some of the players seek other opportunities near regional industrial cities. However, landlords need to adapt to market changes while adjusting their rental conditions. Property Forum asked Gábor Halász-Csatári, Head of Industrial & Logistics Agency at Cushman & Wakefield about the latest trends in meeting demands and the pivotal role of fulfilment services in Hungary.
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News Slovak fund admits risks of commercial properties
19
Feb
2024

Slovak fund admits risks of commercial properties

by Property Forum
After an unprecedented rise in interest rates, the CE REIF fund has reassessed the price of real estate in its portfolio. Last year's loss is reaching almost 30%, reports DennikN.sk. It is the first real estate fund in Slovakia that has admitted the problems of commercial real estate.
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News Prague hotels recover from Covid impact
19
Feb
2024

Prague hotels recover from Covid impact

by Property Forum
For a time, the Prague hotel market has lagged behind other European cities in terms of recovery from the impacts of the COVID-19 pandemic. Its latest performance indicators are showing a significant increase in 2023, Cushman & Wakefield reports.
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News Avison Young announces strategic affiliation in Croatia
16
Feb
2024

Avison Young announces strategic affiliation in Croatia

by Property Forum
Avison Young has announced a strategic affiliation with a dynamic team of experienced local professionals in Croatia. This expansion demonstrates AY's commitment to capitalize on opportunities in South East Europe. The new office will be located in Zagreb. The team's core areas of expertise include Office, Retail, Industrial & Logistics (I&L), Land, Residential, Hotels & Resorts, with comprehensive services provided through Capital Markets, Occupier Services, Valuation & Advisory and Hotels & Resorts.
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News Join Property Forum at the BE Mixer by PropertyTalents – Amsterdam Edition!
16
Feb
2024

Join Property Forum at the BE Mixer by PropertyTalents – Amsterdam Edition!

by Property Forum
PropertyTalents is excited to announce its flagship BE Mixer Amsterdam Edition, a premier networking event tailored for the real estate industry's luminaries. Scheduled for 19 February 2024, from 18:00 to 22:00 at the iconic Dickys Grand Café, Gustav Mahlerplein 110, Amsterdam.
Read more >
News Stronger demand, lower vacancy – What’s driving Kyiv’s office market?
16
Feb
2024

Stronger demand, lower vacancy – What’s driving Kyiv’s office market?

by Property Forum
Despite the not-very-encouraging forecasts made by experts at the end of 2022, the office market in the Kyiv region in 2023 demonstrated stability and strengthening demand. Iryna Nastych talked to market experts and summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum  
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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