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.

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.

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.

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.

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.

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.

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  

CTP has signed a lease agreement with PKV BUILD, a leading player in energy consulting. Leased premises are currently being built by CTP at its Vlněna office complex in Brno, Czech Republic.

The newest, and first in Central and Eastern Europe, factory is being built in Świdnik by the Trilux Group, a global lighting supplier. The 23,000-square-meter plant, which meets BREEAM certification criteria, will be built by Panattoni. 

CTP has completed a 10.5-year lease for 11,800 sqm at CTPark Zabrze in Poland to Electro Cable Group. This is the first investment in Poland by Electro Cable Group, which is the largest Ukrainian producer and exporter of power, control, and data cables.