News - Future of FDI inflows depend on Slovakia’s political stability
02
Jun
2023

Future of FDI inflows depend on Slovakia’s political stability

by Vera Tumova
The number of foreign investors that will appear in Slovakia depends on several key factors like the stability of the country, the availability and price of labour, and the cost of utilities and only then by the real estate market’s specifications, said Martin Varačka, Partner at Space Brokers SK in an interview to the Property Forum.
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News - Volume of housing transactions rises again in Hungary
01
Jun
2023

Volume of housing transactions rises again in Hungary

by Property Forum
After several months of declining the number of residential property transactions concluded in Hungary has risen in May. Mortgage lending also showed signs of recovery, brokerage firm Duna House reports. 
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News - Czech retail market reports 11% turnover growth over 2019
01
Jun
2023

Czech retail market reports 11% turnover growth over 2019

by Property Forum
Although anti-pandemic measures were still lingering on the Czech retail market at the beginning of last year, an early return to normal was expected. However, the war in Ukraine has fundamentally influenced further economic development, especially in the countries of Central Europe, including the Czech Republic. The rapid rise in prices (inflation increased by 15.1% year-on-year) and energy expenses were met by a further decline in already weakened customer confidence. How did this affect shopping centres in the Czech Republic? And what is the current sentiment on the market not only among customers but also the retailers themselves? CBRE tried to answer these questions in its annual Shopping Centre Index analysis, which is complemented by two current surveys focused on the development of customer behaviour and expectations on the part of retailers.
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News - Colliers releases annual Impact Report
01
Jun
2023

Colliers releases annual Impact Report

by Property Forum
Colliers released its third annual Impact Report, highlighting progress towards realizing a more sustainable and equitable future for all. This report includes information on how Colliers is delivering resilient buildings, inclusive workplaces, and spaces that promote health and well-being.
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News - Office requirements and rental prices to rise due to ESG
01
Jun
2023

Office requirements and rental prices to rise due to ESG

by Property Forum
Modern office buildings are an important part of ESG strategies for many companies. However, the real estate market in the Czech Republic is not yet fully prepared for the new ESG-related requirements. Even construction projects planned over the next few years will not resolve this issue, since meeting strict standards and certification requirements is both procedurally and financially demanding, Colliers reports.
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News - Lion Capital buys large land plot in Constanța
01
Jun
2023

Lion Capital buys large land plot in Constanța

by Property Forum
Lion Capital, a public financial investment company, has purchased a land plot of 11 hectares in western Constanța in a deal valued at more than €10 million.
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News - Aareal Bank to enhance MLP Group's financial stability
01
Jun
2023

Aareal Bank to enhance MLP Group's financial stability

by Property Forum
MLP Group has established a relationship with the German banking institution Aareal Bank AG, whereby the latter has committed funds of over €63.5 million. The borrowed funds will be applied to refinance the MLP Poznań West project and to finance new investment projects undertaken by the MLP Group.
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News - immo lab's portfolio surpasses PLN 2 billion
01
Jun
2023

immo lab's portfolio surpasses PLN 2 billion

by Property Forum
The Polish advisory firm, which specializes in land and capital transactions, announced that in the second quarter of 2023, the value of its serviced investment real estate portfolio located in all key major Polish cities exceeded PLN 2 billion.
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News - CBRE appoints Head of A&T Residential for SEE
01
Jun
2023

CBRE appoints Head of A&T Residential for SEE

by Property Forum
CBRE has announced the new role of Zvezdana Milutinović as Head of A&T Residential for the SEE region, effective June 1, 2023. Zvezdana joined CBRE at the beginning of the operations in the SEE region, 5 years ago when the direct office in Belgrade for the SEE region was established.
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News - Wing’s Hungária Office Park in Budapest secures new tenant
01
Jun
2023

Wing’s Hungária Office Park in Budapest secures new tenant

by Property Forum
Lightware Zrt, a significant tech company has chosen Hungária Office Park (HOP) developed by Hungarian company Wing. The new tenant is moving its headquarters to the park in autumn 2023, to a 7000 sqm office building, which the developer will fully renovate. Wing was represented by the Eston International agency during the lease negotiations.  
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Latest news


New leases

  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
  • Greek jewelry designer Anna Maria Mazaraki has opened her first Romanian store in Bucharest-based ParkLake Shopping Center. The transaction for the new location was brokered by Cushman & Wakefield Echinox.
  • Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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