News - Genesis Property: Indoor air quality matters now more than ever
26
Apr
2021

Genesis Property: Indoor air quality matters now more than ever

by Property Forum
Indoor air and water quality is not something many people give too much attention to when it comes to the office buildings where they work and spend most of their time during the day. At home, they invest in products like air purifiers and water filtration systems; at work, they rely on their employer or building owner and, most of the time, they take what they get without sometimes even considering if it may or may not affect their health, writes Dr. Darren Allen, Director of the Healthy by Design Building Institute, in an opinion piece for Property Forum
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News - Czech investors split into two groups based on expectations
26
Apr
2021

Czech investors split into two groups based on expectations

by Property Forum
The Czech market is still slow in comparison to previous years. Market fundamentals remain good, as does the demand for core and core+ assets, but the market is experiencing limited supply of the right investment product, according to the latest capital markets report by Colliers.
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News - Ghelamco sells Warsaw office building to Czech fund
25
Apr
2021

Ghelamco sells Warsaw office building to Czech fund

by Property Forum
Wołoska 24, an office building developed by Ghelamco has a new owner. It is a Czech investment fund, ZFP realitní Fond, managed by ZFP Investments which is a subsidiary of Slovakia's IAD Investments. The value of the transaction amounted to over €60 million.
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News - Uniqa Real Estate completes acquisition of Bucharest building
23
Apr
2021

Uniqa Real Estate completes acquisition of Bucharest building

by Property Forum
Uniqa Real Estate, part of the insurance group, has completed the acquisition of The Light One office building in Bucharest from River Development for an undisclosed sum. 
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News - Echo Investment finalises acquisition of  Archicom
23
Apr
2021

Echo Investment finalises acquisition of Archicom

by Property Forum
Echo Investment finalised the acquisition of a majority stake in Wrocław-based company Archicom, thus becoming the largest residential developer in Poland as the Echo-Archicom group.
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News - Retail parks continue to perform well in Poland
23
Apr
2021

Retail parks continue to perform well in Poland

by Property Forum
Investors’ interest in retail parks in Poland has been growing year-on-year. In 2020 this was the most sought-after retail class, taking up the majority of retail transactions. Their popularity has increased especially in the last year, due to the fact that they remained resilient to the pandemic restrictions,  says Avison Young.
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News - Pre-leases drive Budapest’s industrial market
23
Apr
2021

Pre-leases drive Budapest’s industrial market

by Property Forum
Total demand on Budapest’s industrial market amounted to 81,820 sqm in Q1 2021, indicating some 3% increase on the volume measured in the corresponding period of the previous year. Pre-leases dominated the demand with a share of 45%, according to the BRF’s quarterly report.
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News - WDP plans expansion in Romania with new assets
23
Apr
2021

WDP plans expansion in Romania with new assets

by Property Forum
Belgian logistics developer WDP announced that it is buying several land plots near Bucharest and aims to develop a new logistics centre in Transylvania. The company is currently finalising the acquisition of new land positions in the Bucharest region in the amount of €10 million, WDP announced in an interim statement for Q1 2021.
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News - Will COVID-19 reduce the need for office space in the long run?
23
Apr
2021

Will COVID-19 reduce the need for office space in the long run?

by Property Forum
Property Forum’s latest online panel aimed to answer some of the many questions around the future of workplaces. Four experts, with the moderation of Csanád Csűrös, CEO of Property Forum, discussed workplace strategies for the post-COVID-19 world and their implications on the real estate industry.
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News - Eurovea extension in Bratislava receives €116 million loan
23
Apr
2021

Eurovea extension in Bratislava receives €116 million loan

by Property Forum
Eurovea 2 obtained one of the largest real estate loans in Slovakia in recent years. Funding in the amount of €116 million will be used for the construction of the extension of the Eurovea shopping centre and the adjacent Pribinova X office building. Construction work by JTRE on both buildings is in full swing. The loan is provided by a syndicate of banks led by Tatra banka, together with Slovenská sporiteľňa and UniCredit Bank. The contract documentation was prepared by Dentons.
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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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