News - Prologis hands over new building near Budapest 
07
Oct
2022

Prologis hands over new building near Budapest 

by Property Forum
Prologis has added another 14,000 sqm of warehouse and office buildings to its newest logistics park, Prologis Park Budapest – Sziget II. 
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News - PRS in Poland is about to boom
07
Oct
2022

PRS in Poland is about to boom

by Property Forum
Like years ago, the Polish Private Rental Sector is going through a blooming time as each commercial real estate sector segment. It requires a unification of offers, greater standardization of available space, and self-professionalization. One of the first spectacular transactions involving the PRS was in 2016 and the purchase of 72 apartments in the Złota 44 building in Warsaw by the German investment fund Catella Residential Investment Management. At the end of September 2022, this segment is formed by an offer of more than 8,500 apartments for rent spread across Poland's largest cities. The prospects for the development of the market remain very high, and it is mainly favored by market conditions and the structure of the residential sector in Poland. AXI IMMO, together with industry experts Inquiry and ThinkCo, presents data for the Polish institutional rental market in a publication, "Development prospects for the PRS market in Poland."
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News - Duna House introduces unified landing brand in CEE 
07
Oct
2022

Duna House introduces unified landing brand in CEE 

by Property Forum
Duna House Group (DHG), the largest real estate agency in the region decided to unify its landing brokerage activity by creating a single brand called Credipass. 
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News - What motivates CEE players in investing in Southern Europe?
07
Oct
2022

What motivates CEE players in investing in Southern Europe?

by Property Forum
The flow of international capital to Mediterranean countries is still very strong but investors seem reluctant to put more money into the office and retail sectors due to growing economic uncertainties, panellists emphasized in the discussion at the recent CEE Property Forum 2022 in Vienna.
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News - Local investors continue to drive Czech market activity
06
Oct
2022

Local investors continue to drive Czech market activity

by Property Forum
The volume of investments in commercial real estate reached a total value of €368 million in the Czech real estate market in Q3 2022. Most of the investment transactions were mainly in the office and retail segments. Czech investors were the most active investors in this period. Demand for prime real estate is still stronger than what is on offer on the market, Knight Frank said in its report.
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News - Colliers helps Spanish company relocate to Ostrava
06
Oct
2022

Colliers helps Spanish company relocate to Ostrava

by Property Forum
Spanish manufacturer of elevator components Savera is now relocating its production facility to the new CTPark Ostrava Poruba. The relocation was facilitated by Colliers.
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News - Property investments in Romania up 16.5% by Q3 2022
06
Oct
2022

Property investments in Romania up 16.5% by Q3 2022

by Property Forum
Investment transactions in Romania’s commercial property sector amounted to €656 million in the first three quarters of 2022, which was up 16.5% compared to the same period of last year, with offices driving deal volumes, according to real estate consultancy JLL Romania. 
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News - Prime Kapital to start new resi investment in Timișoara
06
Oct
2022

Prime Kapital to start new resi investment in Timișoara

by Property Forum
Property developer and investor Prime Kapital has announced a new urban regeneration project on a 5.6-hectare plot near the Bega river in Timișoara. 
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News - Futureal office project in Budapest reaches highest point
06
Oct
2022

Futureal office project in Budapest reaches highest point

by Property Forum
The second phase of the almost completely contactless Corvin Innovation Campus office building developed by Hungarian firm Futureal has reached its highest point. This part provides 14,310 sqm of office space, and it has been developed according to the energy-cost-sensitive tenants’ needs. 
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News - AFI Europe Romania aims to reach carbon neutrality by 2025
06
Oct
2022

AFI Europe Romania aims to reach carbon neutrality by 2025

by Property Forum
Property developer AFI Europe aims to obtain by 2025 the LEED Zero Carbon certification for all ongoing office projects, and also for all future AFI Europe’s projects targeted to be developed in the future in Romania. 
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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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