According to Savills, investment into industrial assets in Europe has continued to reflect the strong performance of the sector’s occupational market. European investment volumes into industrial real estate assets totalled €42 billion over the first three quarters of 2022, an increase of 2% YoY and 50% above the five-year average. Investment volumes in Portugal (595%), Belgium (124%) and Italy (93%) outperformed their five-year averages by the widest margins.

How will the current macroeconomic situation affect investment activity and further development within individual sectors, from offices to industrial and logistics complexes to retail real estate? All this is shown in CBRE's latest analysis of the Czech commercial real estate market, which also provides an updated outlook for 2023.

Retailer Profi has signed an extension of its lease agreement for 52,000 sqm of warehouse space in the Logicor Ploiești logistics park. 

Mindspace, the global provider of flexible boutique office space, has published the results of its global employee survey. The goal of the survey was to illuminate new work patterns and shed light on both current and aspirational employee dynamics. The results gave insights showing how the 9 to 5 job is a dying phenomenon and the hybrid model is here to stay - with employee flexibility being the key determinant in employee satisfaction.

Savills Investment Management has outlined its global outlook for real estate investment markets in 2023. While next year may prove challenging for all investors, in the context of global market turbulence, Savills IM sees select opportunities in asset classes with strong long-term fundamentals such as urban industrial and logistics, affordable housing and essential retail.

Career and business development advisor PropertyTalents has put together a list of highlighted career opportunities currently available for real estate professionals for CEE in its portfolio.

Czech investor Investika has quickly become one of the largest players in the local market and has already expanded internationally. The company is currently preparing two transactions in Warsaw and has its sights set on other EU countries, says Petr Čížek, CEO of Investika, in an interview with Property Forum.

Negotiators of the Council and the European Parliament reached an agreement aimed at taxing imports based on the greenhouse gas emissions needed to make the products, which would extensively cover the imports of construction materials. 

Brno has changed over the past two decades. A total of 635,900 sqm of office space currently exists in the city thanks to the strong growth of companies from the business and IT services and R&D sectors. Brno Spielberg, along with the city centre around Vlněná Street, has become home to companies that create advanced technologies and innovations for global businesses. The city is preparing to expand this space – it will soon add almost 100,000 sqm to the currently unoccupied 70,900 sqm of modern office space, says Colliers in its latest report.

The retail property investment market sector in Poland is thriving, thanks to the stable growth of retail parks (above 5,000 sqm GLA) and convenience retail (retail parks under 5,000 sqm GLA) schemes. Since 2016, 160 assets of this type have been finalized, says Avison Young Poland.