News Point Development to deliver next phase of Bucharest resi scheme soon
15
Nov
2021

Point Development to deliver next phase of Bucharest resi scheme soon

by Property Forum
Property company Point Development says it will deliver 107 apartments in its resi scheme City Point in the first half of 2022.  
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News Metav to invest over €120 million in Bucharest project
15
Nov
2021

Metav to invest over €120 million in Bucharest project

by Property Forum
Romanian property company Metav says that it will kick off the development of a new mixed-use scheme in Bucharest in the second half of 2022. 
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News ELI launches construction of new logistics centre near Warsaw
15
Nov
2021

ELI launches construction of new logistics centre near Warsaw

by Property Forum
European Logistics Investment (ELI) has commenced constructing a logistics centre in Błonie near Warsaw. The Park Warsaw West X project by ELI and its partner Panattoni is planned as a multi-let facility offering nearly 49,000 sqm of modern warehouse space. The investment is planned to be delivered in Q2 2022.
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News Impact records profit of €7.3 million for Q1-Q3 2021
15
Nov
2021

Impact records profit of €7.3 million for Q1-Q3 2021

by Property Forum
Romania's Impact Developer & Contractor says its revenue amounted to €22.29 million in the first nine months, while the profit stood at €7.3 million. 
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News COVID-19 fuels changes on the residential market
15
Nov
2021

COVID-19 fuels changes on the residential market

by Michał Poręcki
The COVID-19 pandemic has caused many widespread changes in the booming Polish residential market. Demand for larger, greener apartments and the need to amend real estate law are only a few of them, said speakers during the discussion panel of Living Investment Forum 2021, Property Forum's annual event in Warsaw. 
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News Genesis Property: Offices of the future to become all-in-one business hubs
15
Nov
2021

Genesis Property: Offices of the future to become all-in-one business hubs

by Property Forum
Some companies have seen slight increases in the productivity of employees working remotely since the pandemic, which fuelled the idea that most employees can continue to work from anywhere since they can be just as productive as working from the office. But there is a contradiction here: on a global scale, more and more people worked and lived under stressful conditions in the last year and a half. In this context, the big question is if people can be more productive remotely in the long run. Moreover, this situation brings on a very important idea, that offices should become hubs designed for productivity and sustain a much less stressful way of working for employees in the long term. Gavin Bonner, Vice President at Genesis Property explains the topic in an opinion piece for Property Forum.
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News One United Properties gross profit at €48.3 million in Q1-Q3 2021
15
Nov
2021

One United Properties gross profit at €48.3 million in Q1-Q3 2021

by Property Forum
Romanian developer One United Properties recorded a record turnover of RON 627.7 million (€126.8 million) in the first nine months of the year, up 87% year-on-year, while the gross profit gained 186% y/y to RON 293.3 million (€48.3 million) on higher residential sales and increased occupancy rates in offices.
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News C&W: EMEA prime logistics yields close to converging on retail
14
Nov
2021

C&W: EMEA prime logistics yields close to converging on retail

by Property Forum
The rampant growth in rents across the logistics sector continues amid a broader recovery in markets as the impacts of the COVID-19 pandemic begin to wane, according to Cushman & Wakefield’s latest DNA of Real Estate research for Q3 2021.
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News CTP inks lease deal with Tuborg Romania in Bucharest
12
Nov
2021

CTP inks lease deal with Tuborg Romania in Bucharest

by Property Forum
CTP, the biggest owner of industrial and logistics spaces in Romania, says it has signed a lease deal with beverage maker Tuborg Romania. 
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News Home prices in Hungary's Balaton region pass Budapest's
12
Nov
2021

Home prices in Hungary's Balaton region pass Budapest's

by Property Forum
Housing prices rose just 0.5% in Q2 2021 in Hungary, according to the Central Statistical Office’s (KSH) latest Housing Price Index. Year on year, the increase was 11.5% in Q2, partly because of a low base as prices fell slightly between April and June 2020 due to pandemic-related uncertainty.
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Latest news


New leases

  • Buchareast-based office project Floreasca Park has reached over 80% occupancy, following over 4,400 sqm of recent leasing activity. Leroy Merlin has leased 3,900 sqm, while IGEL Technology is occupying 515 sqm.
  • Henkel Romania has sold a 1,800 sqm property in central Bucharest, which served as its HQ, to a high-end residential developer. The deal was brokered by iO Partners.
  • The family shopping centre M1 Kraków, managed by EPP, is strengthening its gastronomic, service and sports offer. The group of new tenants includes Sports Direct, which is making its debut in the capital of Małopolska, as well as the oriental restaurant Asia Mama and the pet shop Maxi Zoo. In recent months, Cukiernia Sowa has also opened its doors to customers. MediaMarkt, McDonald's, HalfPrice and 4F, which presented an enlarged salon in the new BLACK concept, have decided to continue their cooperation with the Kraków facility and modernise their premises. All signed contracts cover over 6,000 sqm of space.

New appointments

  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.
  • Tomáš Fabian has taken on the responsibility of leading the Czech commercial development team at Skanska as Executive Vice President Operations Czech Republic, while still keeping the current responsibilities as Executive Vice President Legal Counsel (CEE).

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