According to the latest RICS Commercial Property Monitor, occupier and investment sentiment remains positive across main CEE markets, even though the Czech Republic has posted its most subdued set of readings in four years. In many countries, demand for retail assets fell on both the occupier and investment sides of the market. Based on rental and capital value projections, secondary retail is visibly suffering in Austria, Bulgaria, Poland and Romania.

According to a new report by Panattoni and CBRE, the attitude towards the future in the logistics, production and trade industries changed slightly compared to last year. The Optimism Level Index in Logistics and Supply Chain in Poland for 2019-2020 was determined at an average level of 49 points, which is lower than the result obtained last year (57.4). Logistics companies are again more positive about the future (53.9 points) than production and trade enterprises using logistics services (44 points). Despite this change in mood, as many as 7 out of 10 institutions assess the costs of supply chain operations in Poland as lower than the EU average, and 6 out of 10 believe that Poland is competitive as a place of investment - both statistics have increased since last year.

CBRE was assigned to provide property management services for the projects developed by the company One United Properties in the north of Bucharest, namely the office building One Tower and the residential complex One Mircea Eliade, which comprise a total area of 24,000 square meters offices and 247 high-end apartments. The portfolio managed by CBRE now exceeds 800,000 square meters.

A new 18,500 sqm production facility for one of the world’s leading automotive interiors supplier, Yanfeng Automotive Interiors (YFAI) was officially inaugurated in a formal ribbon-cutting ceremony at CTPark Kragujevac.

Globalworth has inaugurated the most advanced lobby in the region, with a number of innovations and technological premieres that include the world's largest kinetic floor in an office building, the longest screen wall in CEE, the largest natural green wall in an office building SEE, a space to relax with heated marble steps, Schindler projectors and Pepper, Globalworth's first robot employee. According to the developer, the Globalworth Tower building, which welcomes some 30,000 visitors daily, has become a benchmark for office space innovation and sustainability.

According to data from JLL, Poland's supply of mixed-use commercial space has increased nearly six-fold over the last ten years. Mixed-use projects often require major revitalization and reconstruction, in a number of Poland's major metropolitan areas. Such projects include Elektrownia Powiśle, The Warsaw HUB and Koneser in Warsaw, Monopolis in Łódź, and Browar Lubicz in Kraków.  

Panattoni Europe has built a facility for Amazon in Gliwice of record-breaking size and functionality. The project, featuring in excess of 210,000 sqm and four storeys, is the company’s largest building in the country and has been fitted out with advanced Amazon Robotics technology.

Chris Zeuner has been appointed a Non-Executive Director at 7R - one of Poland’s most active and fastest-growing logistics and warehouse developers. His expertise and strong pan-European experience will support 7R’s ambitious development targets and the company’s growth strategy for the upcoming years.

New Work has been expanding rapidly in the Polish market during 2019. In total, the company has added six locations to its Polish portfolio over the past 10 months.  

The share of private sector student accommodation in Prague stood at 6% of the total stock of purpose-built student accommodation (PBSA) in October 2019, up slightly from the 5% recorded at the same time last year, according to the latest Savills research.