The sentiment of Hungarian real estate investors is becoming more and more optimistic, which is reflected in their continuously increasing willingness to invest, according to CBRE's survey. Offices are expected to remain the most traded asset type, but demand for alternative investment opportunities has increased significantly. The biggest challenges of the coming year may be pricing asymmetry between sellers and buyers, as well as a lack of stock for sale.

CTP has provided tailor-made logistics space to international technology and services provider Bosch. The company has leased a distribution centre in one of the largest industrial parks in the Czech Republic. Bosch will move its operations from the Netherlands to CTPark Bor in Western Bohemia, where it will have over 15,000 sqm of lettable area.

Globalworth has completed the process of updating the BREEAM certification of its Polish office buildings. In the first half of this year, another 17 buildings in the company’s office portfolio in the country obtained BREEAM In-Use certificates at the ‘Excellent’ level.

COVID-19 has completely redefined what office means and companies have a lot of thinking to do when it comes to finding the right location for their workforce to work from. Companies are increasingly turning towards flex offices and according to Business Wire, the global flex office space market is expected to grow from $7.97 billion in 2020 to $8.14 billion in 2021 at an annual growth rate of 2.1% before reaching $13.03 billion by 2025.

Panattoni has launched construction work on Panattoni Park Ruda Śląska III. The project is already 95 pct leased, with one of the future tenants being midocean, an industry-leading wholesaler of personalised promotional products, textiles and business gifts across the continent. The tenant has leased over 40,000 sqm for its main European logistics and printing centre. midocean is to use numerous sustainable solutions such as heat recovery systems, and solar panels and is to move into its new centre in the middle of 2022.

Over 300 buildings and real estate properties were certified as ‘green buildings’ between 2010-2020 in Romania, a period that marked the first decade of sustainable development. Romania ranks 3rd among CEE countries, after Poland (1232 certificates) and Czech Republic (422). The next positions are occupied by Hungary (232) and Slovakia (124). The accelerated growth is deemed to continue, as green buildings become a strategic tool in reaching EU Green Deal targets, according to the BuildGreen 2020-2020 Sustainable Development Report.

Radisson Hotel Group has announced the opening of Belgrade Art Hotel, a member of Radisson Individuals, located in the heart of the old city. This opening marks the debut of the Radisson Individuals brand, a conversion solution recently launched in Europe in Q4 2020 and complements the existing Radisson Collection Hotel in Serbia's capital city.

IBM Hungary is relocating its headquarters to Corvin Quarter in Budapest. The tech company will be moving into Futureal’s Corvin Innovation Campus in a phased co-location starting in 2023.

The retail, industrial and logistics sectors have been affected by the recent price increase of crucial construction commodities mostly steel, plastic and wood, according to a report by 108 Agency.

Experts participating at Portfolio's recent FM & Hybrid Office conference in Budapest discussed the present and future of the office market. The past 18 months have started a multitude of changes as WFH, the sub-leasing of office space, the change in internal configurations, the return to offices, sustainable management and changing tenant requirements have led to a substantial transformation in the lives of office market players. Experts agree that hybrid office use is currently the most likely outcome, as only a few businesses have adopted WFH full-time.