News - Meta Estate Trust signs property partnership in Brașov 
12
Dec
2022

Meta Estate Trust signs property partnership in Brașov 

by Property Forum
Romanian property holding Meta Estate Trust has signed a partnership with Rock Development Holding for a new property development in Poiana Brașov. 
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News - Corwin publishes its first sustainability report
09
Dec
2022

Corwin publishes its first sustainability report

by Property Forum
The last two years marked steep growth for the Slovak developer Corwin. With their four new acquisitions, they have grown to be the largest developer in Ljubljana and have sold their flagship project Blumental as one of the largest transactions of the year in Bratislava. In 2022, Corwin also published its first sustainability report.
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News - BDPST Group to buy Hotel Gellért in Budapest
09
Dec
2022

BDPST Group to buy Hotel Gellért in Budapest

by Property Forum
Hungary's BDPST Group is set to acquire Hotel Gellért in Budapest, located in the same building as one of the city's most famous spas, from Indotek Group. The price of the transaction was not disclosed. Indotek obtained the hotel in 2019, buying the property from Danubius Hotels Group, portfolio.hu reports.
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News - Warehouses in Poland hold strong
09
Dec
2022

Warehouses in Poland hold strong

by Property Forum
Despite the still-uncertain geopolitical situation over Poland's southeastern border, the performance of the warehousing sector in the investment and leasing markets gives grounds for optimism. Demand in Q3 2022 amounted to 1.6 million sqm (+11% y/y), indicating that companies are still interested in acquiring new space for development. On the supply side, on the other hand, the new policy of investment financing by banks in the coming quarters will bring the announced cooling down in the construction of new projects. This trend may particularly affect speculatively built warehouses, which at the end of September 2022 accounted for about 52% of the 4 million sqm of space currently under construction. Axi Immo presented data summarizing Q3 2022 in the industrial and logistics market.
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News - Echo Investment issues bonds for PLN 180 million
09
Dec
2022

Echo Investment issues bonds for PLN 180 million

by Property Forum
Institutional investors have subscribed to bonds of Echo Investment with a total value of PLN 180 million (€38.4 million). The developer will use the funds raised to redeem existing bonds and strengthen the company's leadership position in the Polish real estate market.
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News - Panattoni to build sorting facility for Poczta Polska in Warsaw
09
Dec
2022

Panattoni to build sorting facility for Poczta Polska in Warsaw

by Property Forum
Warsaw II is a complex of buildings that the company is acquiring as part of the implementation of the Logistics Network Architecture strategic project. The halls will be ready at the end of 2023. Panattoni will deliver the facility.
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News - How are CEE hotel markets doing post-pandemic?
09
Dec
2022

How are CEE hotel markets doing post-pandemic?

by Property Forum
In its latest study on the CEE hotel market, hotel real estate expert Christie & Co sheds light on how the capital cities of Prague, Bratislava and Budapest developed during the Covid-19 pandemic and which of the three cities emerged the strongest from the crisis.
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News - Most investors and developers in Romania still look to expand
09
Dec
2022

Most investors and developers in Romania still look to expand

by Property Forum
Real estate investors and developers active in Romania argue that inflation, the increasing financing costs, the geopolitical situation and also the increasing construction costs are the main macroeconomic factors which may impact the Romanian real estate market, as these factors are expected to put pressure both on demand and on the rental levels. However, despite all the above-mentioned issues, investors remain positive and their expansion plans in Romania are mostly intact, according to the first edition of Cushman & Wakefield Echinox's “Real Estate Investors Sentiment Barometer”.
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News - Flex spaces are designed to respond to the needs of the market
09
Dec
2022

Flex spaces are designed to respond to the needs of the market

by Michał Poręcki
Ana Nekhamkin, Vice President of Real Estate and Projects and Michał Kwinta, City Lead Poland at Mindspace talked to Property Forum about their second office in Warsaw, the development of the flex office sector and the potential effects of high inflation.
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News - Hungary's Mol opens new headquarters in Budapest
08
Dec
2022

Hungary's Mol opens new headquarters in Budapest

by Property Forum
Mol Campus, Hungarian oil company Mol's new headquarters, located within the BudaPart mixed-use project and built by Market Építő Zrt., is the highest office building in the country reaching 143 meters and offering 86,000 sqm of office and retail space. 
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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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