News - Corwin wants to build a carbon-neutral office portfolio
31
May
2022

Corwin wants to build a carbon-neutral office portfolio

by Property Forum
Slovak developer Corwin has announced that its office projects in Bratislava and Ljubljana will soon join the list of LEED Zero Carbon certified carbon neutral buildings of which there are only 8 in existence at the moment.
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News - Residential prices in Slovakia see record growth in Q1 2022
31
May
2022

Residential prices in Slovakia see record growth in Q1 2022

by Property Forum
Actual sales prices of real estate in the Slovak Republic reached high growth at the beginning of the year, mainly due to rising sales prices of new houses and flats, the Statistical Office of the Slovak Republic announced.
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News - Banks look to pre-leases to handle the medium-term cashflow risk
31
May
2022

Banks look to pre-leases to handle the medium-term cashflow risk

by Property Forum
Banks are happy to finance practically any new logistics project. But they are extremely cautious with the office and retail segments, not to mention hotel investments. Property Forum asked Tamás Deák, Director of Commercial Real Estate Finance at Erste Bank Hungary Zrt. about their financing practices amid the new, harsh economic conditions.
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News - Mogotel to enter the Hungarian market
30
May
2022

Mogotel to enter the Hungarian market

by Property Forum
Riga-based hotel operator Mogotel announced its debut in Hungary via LinkedIn. With the cooperation of Accor and the financial support of state-owned development finance institution ALTUM, Mogotel is bringing Novotel Budapest Centrum into its hotel family.
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News - Cluj-Napoca remains the most expensive resi market in Q1 2022
30
May
2022

Cluj-Napoca remains the most expensive resi market in Q1 2022

by Property Forum
Apartments in Cluj-Napoca have the biggest sale prices in Romania, with owners asking for an average of €2,240 per sqm in the first quarter, which was up 21% compared to the same period of last year, shows a report by Imobiliare.ro platform. 
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News - New Mercure hotel to open in Alba Iulia
30
May
2022

New Mercure hotel to open in Alba Iulia

by Property Forum
French group Accor will open a new Mercure hotel in Alba Iulia in the second quarter of 2024. The new Mercure Alba Iulia Cetate hotel will feature 112 rooms and apartments and facilities such as a restaurant, SPA and conference room. 
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News - Immofinanz modernises office building in Budapest
30
May
2022

Immofinanz modernises office building in Budapest

by Property Forum
Immofinanz has finalised the complete modernisation of the Myhive Haller Gardens office building in Budapest. The concept aims to allow tenants to use the community spaces for hosting guests, business meetings, and recreation in addition to their actual function. The reception areas and the gardens around the building are now available to tenants in a new concept and renewed form.
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News - America House in Bucharest completes refurbishment
30
May
2022

America House in Bucharest completes refurbishment

by Property Forum
The America House office building in central Bucharest was refurbished as part of a €10 million investment that included the upgrading of the exterior ground floor area and the extension of green spaces. 
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News - Skanska appoints new directors in ESG areas for CEE
30
May
2022

Skanska appoints new directors in ESG areas for CEE

by Property Forum
Skanska's commercial development business unit in Central and Eastern Europe (CEE) appointed new directors responsible for the developing and leading teams in Environmental and Health & Safety areas.
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News - Warehouse completions in Poland hit all-time high
30
May
2022

Warehouse completions in Poland hit all-time high

by Property Forum
Cushman & Wakefield has released a report summarizing the first quarter of 2022 on the Polish industrial market. According to its data, total warehouse take-up in the first three months of this year reached 1.56 million sqm while the development pipeline hit a record 4.8 million sqm.
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Latest news


New leases

  • E-commerce player 4M Pro&Invest has leased nearly 4,100 sqm of warehouse space in Panattoni Park Poznań XIV. This agreement marks the completion of the leasing of the two completed phases of the development.
  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.

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