08
Aug
2024
Aug
2024
Fortim Trusted Advisors starts resi sale for Bucharest project
Fortim Trusted Advisors has announced the start of apartment sales in the Corallis residential project developed by KÉSZ Romania in northern Bucharest.
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08
Aug
2024
Aug
2024
Retail deliveries in Poland reach 135,000 sqm in Q2 2024
Around 135,000 sqm of modern retail space was added to Poland’s total stock in Q2 2024, with new supply comprising both new openings and extensions, while the end of H1 2024 the development pipeline amounted to around 335,000 sqm, according to a report by BNP Paribas Real Estate.
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08
Aug
2024
Aug
2024
Europe's food and grocery market shows positive outlook
Savills' research has shown a positive growth outlook for the European grocery sector for the coming years. Savills is forecasting stable yields within the field and has noticed an interesting shift in consumers’ preferences.
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08
Aug
2024
Aug
2024
Romania ranks third in CEE on commercial investments H1 2024
Romania’s commercial property sector recorded investment transactions of €418 million in H1 2024, up 131% year-on-year, marking the biggest volume growth across CEE, according to Cushman & Wakefield Echinox.
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07
Aug
2024
Aug
2024
Romania ranks among cheapest resi markets in Europe
The average price of new homes in Romania amounted to €1,504 per sqm in 2023, which was the third lowest price in Europe, behind Bosnia and Herzegovina and Greece, according to a Deloitte report.
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07
Aug
2024
Aug
2024
Bucharest’s short-term rental industry totals €24 million in H1 2024
Bucharest’s short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report.
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07
Aug
2024
Aug
2024
Blue-green infrastructure treats overheated urban areas
As climate change progresses, cities are trying to find ways to eliminate overheating of urban areas. They are striving to preserve a pleasant environment for residents and all fauna and flora even in places with dense construction. Blue-green infrastructure building is considered to be a good option.
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07
Aug
2024
Aug
2024
Sierra Balmain expands services at Osowa Shopping Center
Property manager Sierra Balmain has taken leasing and administration roles for the second owner of Osowa Shopping Center in Gdańsk.
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07
Aug
2024
Aug
2024
Panattoni completes 20,000 sqm warehouse expansion in Uniejów
Panattoni has delivered the final stage spanning 20,000 sqm of a BTS project in Uniejów for K-FLEX.
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07
Aug
2024
Aug
2024
Czech experts warn against damages caused by new construction law
The new construction law has taken effect in the Czech Republic since July 1, 2024, and the application problems are multiplying. One of the troublesome areas is digitised permitting management, reports Newstream.cz.
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Latest news
- Alides and Revive sell Imperial Shipyard site to Develia
- Logicor reaches full occupancy at Alligator Park in Budaörs
- Fiege expands 21,000 sqm across three Panattoni parks
- Optimism prevails in CEE real estate as geopolitical risk looms large
- Property Forum appoints Irina Gasson as Chief Growth Officer to accelerate European expansion
- Hungary's residential market surges 32% in March
- Genesis Property gets green certification for Yunity Park building in Bucharest
- Arete sells Slovak industrial park to Erste fund
- ULI Poland invites market to conference on new balance of forces shaping real estate
- How is agentic AI turning into real estate’s new operating advantage
New leases
- Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
- Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
- Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.
New appointments
- NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
- Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
- PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
