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

  • 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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