News Prague office supply to dry up soon
25
Oct
2023

Prague office supply to dry up soon

by Property Forum
Q3 2023 did not bring much positive news from the Prague office market. Since Q2 2022, no office buildings have been launched on the Prague real estate market and the future does not look promising either, according to the latest analysis by Prague Research Forum. 
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News SEE Property Forum 2023 – Award winners announced
24
Oct
2023

SEE Property Forum 2023 – Award winners announced

by Property Forum
Property Forum is excited to announce the winners of its annual SEE Property Forum Awards for 2023. The winners of each category were selected from our shortlist by the jury committee, comprising the leading players of the Romanian real estate industry. The awards, celebrating the best projects, most impactful transactions and most inspiring personalities of the Romanian market, were presented at our awards gala in Bucharest last night, part of the annual SEE Property Forum conference.
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News MVGM Property Management Czech names new MD
24
Oct
2023

MVGM Property Management Czech names new MD

by Property Forum
The new Managing Director of MVGM Property Management Czech is Ondřej Fukal, who joined the team at the beginning of October, the company announced on LinkedIn. 
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News LCP Properties to install 80 car charging stations in M Parks
24
Oct
2023

LCP Properties to install 80 car charging stations in M Parks

by Property Forum
LCP Properties has completed the first phase of its ESG strategy aimed at making electric car charging stations widely available on its properties. Thanks to the signed agreement with Pure City, a total of 80 such devices will be installed directly at M Parks. The first of these will be set up at the M Parks currently under construction in Reda, Iława and Łochów. 
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News Mitiska REIM opens new retail park in Biała Podlaska
24
Oct
2023

Mitiska REIM opens new retail park in Biała Podlaska

by Property Forum
Mitiska REIM has announced the expansion of its joint venture partnership with Karuzela Holding with the opening of a new food-anchored retail park in the Polish city of Biała Podlaska.
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News TAS Logistyka leases 15,000 sqm at CTPark Warsaw South
24
Oct
2023

TAS Logistyka leases 15,000 sqm at CTPark Warsaw South

by Property Forum
CTP has leased 15,000 sqm of warehouse space to Polish logistics operator TAS Logistyka at CTPark Warsaw South. The company will launch activities for a client from the electronics and household appliances sector there.The new warehouse space will be used for the storage of household goods, as well as in-plant logistics and co-packing services. 
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News Panattoni starts construction on largest city logistics park in Poland
24
Oct
2023

Panattoni starts construction on largest city logistics park in Poland

by Property Forum
Panattoni is to deliver 44,000 sqm to the Raben Group – one of the largest logistics operators in Poland. The City Logistics Poznań III park, which is to be the largest development in this sector, will be built on the outskirts of the city on ul. Obodrzycka.
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News Infogroup to extend industrial park in Kecskemét
24
Oct
2023

Infogroup to extend industrial park in Kecskemét

by Property Forum
Just a few months after the handover of the first 21,000 sqm speculative industrial and logistics hall of IGPark Kecskemét South, Infogroup started the construction of a new building. The new hall is scheduled to be handed over in q4 2024.
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News Czech industrial stock under construction hits records
24
Oct
2023

Czech industrial stock under construction hits records

by Property Forum
The modern industrial stock reached almost 11.5 million sqm, as nearly 183,000 sqm of new space was delivered to the Czech market in Q3 2023. Demand for industrial space slowed down in Q3 2023 reaching only 181,700 sqm. Speculative development slightly increased to 41% of the over 1.4 million sqm currently under construction, continuing the trend of the previous three quarters. The vacancy rate decreased by 22 basis points compared to the previous quarter, and remained low at 1.5% Prague’s average highest achievable rent has remained stable, reaching around €7.50-7.70 per sqm per month, the Industrial Research Forum (IRF) reports. 
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News Pavăl Holding-owned hotel to open in Italy under Hilton brand
24
Oct
2023

Pavăl Holding-owned hotel to open in Italy under Hilton brand

by Property Forum
Hilton has announced plans to open Italy’s first LXR Hotels & Resorts property, following a franchise agreement with Romanian group Pavăl Holding and Apex Alliance.
Read more >

Latest news


New leases

  • The largest retail chain in Poland offering RTV/AGD equipment has leased over 4,200 sq m of modern space in the MLP Poznań logistics centre. Media Expert will start operating in the new location in July 2025. The company was advised by Cushman & Wakefield in the leasing process
  • 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.

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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