News - S Immo plans large-scale office project in Budapest
20
Oct
2021

S Immo plans large-scale office project in Budapest

by Property Forum
S Immo will further expand its Hungarian portfolio. The company is planning to develop a 40,000 sqm project on the Váci Road office corridor.
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News - WDP’s ongoing investments in Romania at €102 million
20
Oct
2021

WDP’s ongoing investments in Romania at €102 million

by Property Forum
Belgian WDP, the developer of industrial and logistics projects, says it has ongoing investments of around €102 million in several Romanian cities with deliveries expected by the first quarter of 2022.
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News - Meta Estate Trust invests in Sibiu-based mixed-use scheme
20
Oct
2021

Meta Estate Trust invests in Sibiu-based mixed-use scheme

by Property Forum
Romanian property holding Meta Estate Trust says it has invested €500,000 in the first phase of residential project The Lake Home from Sibiu. 
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News - The major challenge is the construction price
20
Oct
2021

The major challenge is the construction price

by Michał Poręcki
Roger Andersson, Managing Director of Vastint Poland talked to Property Forum about the accelerating residential property prices, faith in hotel investments in Poland, and constantly rising construction costs.
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News - Office supply dwindles in Polish regional markets
19
Oct
2021

Office supply dwindles in Polish regional markets

by Property Forum
During Q3, the modern office space stock located outside of Warsaw grew by less than 20,000 sqm. Throughout this period, tenants have leased over 113,000 sqm of space, mainly through the signing of new contracts, or by contract renewals. Office employees have slowly been returning to the offices, tenants were waking-up to the new, hybrid reality and owners of office buildings and property managers began to deliberate more and more about rising utility costs. This is what the 3rd quarter snapshot mirrors in the regional office markets, as per the summary prepared by BNP Paribas Real Estate experts.
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News - Maximillian Mendel to lead Zeitgeist AM in Poland
19
Oct
2021

Maximillian Mendel to lead Zeitgeist AM in Poland

by Property Forum
Zeitgeist Asset Management has announced that on January 1st, 2022, Maximilian Mendel, one of the most experienced practitioners in PRS, student housing and other fields in the living sector, will assume the position of Managing Director of their Polish subsidiary.
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News - JLL strengthens Living Investments team in Poland
19
Oct
2021

JLL strengthens Living Investments team in Poland

by Property Forum
Urszula Kowalska, Krystyna Pietruszyńska and Patrick Pospiech were appointed directors in JLL’s Living Investments department at the beginning of October and, with the support of Paweł Sztejter, Head of JLL Living, they will focus on developing transactional and development advisory services on the Polish residential market.
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News - CTP expects accelerated yield compression
19
Oct
2021

CTP expects accelerated yield compression

by Property Forum
Accelerated yield compression is expected for year-end 2021 after Q3 2021 valuations, CTP announced in a portfolio update.
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News - ČMN buys three office buildings in Prague
19
Oct
2021

ČMN buys three office buildings in Prague

by Property Forum
Local investor Českomoravská Nemovitostní has expanded its portfolio with three properties in Prague's Karlín district with a total area of more than 30,000 sqm. The company bought the Zirkon, Apeiron (Ruby) and Corso Karlín office buildings.
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News - The office is still important but in a different way
19
Oct
2021

The office is still important but in a different way

by Property Forum
The future of work is hybrid – this was the main message of Pauline Kwasniak, a Polish-born, Irish-raised digital marketer, founder and event professional who headlined workcloud24’s latest webinar. The organiser summarised the key takeaways of the event.
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Latest news


New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

New appointments

  • 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.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.

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