News - Bratislava sees fewer vacant office space while rents grow
21
Aug
2024

Bratislava sees fewer vacant office space while rents grow

by Property Forum
In the second quarter of 2024, the total office space in Bratislava has reached almost 2.1 million sqm, while the share of vacant offices has decreased, according to the quarterly report of CBRE.
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News - RE/MAX: Mortgage backed resi sales in Romania up in H1 2024
20
Aug
2024

RE/MAX: Mortgage backed resi sales in Romania up in H1 2024

by Property Forum
Sales of homes funded by bank loans rose by 40% during H1 2024 compared to the same period of last year over the reduction of interest rates and the increase in transaction prices, according to transactions brokered by RE/MAX Romania.
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News - Cătălin Năstăsoiu, Genesis Property: Integrating the wellness wheel into offices
20
Aug
2024

Cătălin Năstăsoiu, Genesis Property: Integrating the wellness wheel into offices

by Property Forum
The current workforce landscape has been significantly influenced by recent challenges, leading to a shift in how employees perceive their well-being. This highlights the importance for employers to prioritize their employees’ health and happiness, actively supporting them and fostering a workplace culture that values holistic well-being, writes Cătălin Năstăsoiu of Genesis Property.
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News - CRE investment volume in Poland exceeds €1.7 billion
20
Aug
2024

CRE investment volume in Poland exceeds €1.7 billion

by Property Forum
Cushman & Wakefield estimates that the commercial real estate investment volume in Poland for the first half of 2024 was €1.76 billion, representing an almost 80% increase compared to the same period in 2023. The investment market is experiencing a revival in the activity of investment funds, including Polish investors, with this year’s total investment volume likely to hit €4 billion.
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News - AFI Europe buys landmark office building in Bucharest from Immofinanz
20
Aug
2024

AFI Europe buys landmark office building in Bucharest from Immofinanz

by Property Forum
AFI Europe has purchased the myhive Victoriei building in central Bucharest from Immofinanz for around €27 million. The new owner plans to turn the existing office building into a mixed-use project, with the conversion permit already secured.
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News - Bellemonde secures funding for resi project near Bucharest
20
Aug
2024

Bellemonde secures funding for resi project near Bucharest

by Property Forum
Romanian developer Bellemonde Developement has obtained €21 million in funding from Libra Internet Bank for a residential project in Pipera, near Bucharest.
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News - Premium rent of industrial space jumps by 10% in Slovakia
20
Aug
2024

Premium rent of industrial space jumps by 10% in Slovakia

by Property Forum
The total rental activity of industrial and logistics real estate in Slovakia has reached 180,000 sqm in Q2 2024, a 92% increase compared to Q1. The automotive sector has carved out almost a third of all leased space. This data has followed from the quarterly CBRE report.
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News - Financial institutions’ requirements on green certifications are often too modest
19
Aug
2024

Financial institutions’ requirements on green certifications are often too modest

by Ovidiu Nicolae
Adrian Pop, General Manager of ADP Green Building, spoke with Property Forum about the role of financial institutions in increasing the sustainability of real estate projects and the growing demand for certifications from international real estate investors.
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News - UBM completes next stage of resi project in Prague
19
Aug
2024

UBM completes next stage of resi project in Prague

by Property Forum
UBM Development Czechia has completed 3 apartment buildings in the Arcus City residential complex on the border of the Stodůlky and Řeporyje districts of Prague. Of the 66 apartments in the second stage, half of the units are currently available for purchase. 
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News - Slovak retail yields remain stable
19
Aug
2024

Slovak retail yields remain stable

by Property Forum
Year-on-year inflation in Slovakia has been around 2% since March, a CBRE report on retail figures has revealed. Year-on-year prices have been higher in 11 out of 12 expenditure groups of households. 
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Latest news


New leases

  • Yokogawa Romania has extended its lease agreement for another five years in Building F of YUNITY Park, a business campus owned by Genesis Property. The agreement marks the fourth consecutive renewal for the local subsidiary of the Japanese industrial automation and process control company. Originally signed in 2007, this latest extension brings the total duration of the corporate partnership to more than 20 years.
  • Vastint Romania has secured a new lease agreement with Arcadis Romania for 1,183 sqm of office space in Building A of the Business Garden Bucharest development.
  • Karimpol Polska has signed a major lease agreement with Volkswagen Financial Services at the Skyliner II complex at Rondo Daszyńskiego in Warsaw. The automotive financial services provider will occupy nearly 6,000 sqm of office and retail space in the project's second tower. Following the transaction, the occupancy rate of Skyliner II has reached 50%.

New appointments

  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.

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