Bence Balázs is the new Head of Real Estate at Diófa Asset Management. Bence Balázs has gained 13 years professional experience on domestic, regional and international commercial real estate markets. He joined Diófa Asset Management in 2019 as portfolio manager responsible for real estate investment funds. As head of real estate at Diófa Asset Management, his responsibilities include the coordination of the asset management, fund management, leasing and investment management operations of the company. Bence aims to further expand the core real estate portfolios of Diófa, to refine the asset and fund management systems of the company and intends to ensure stable and predictable return levels towards the retail and institutional investors of the funds. In addition, he intends to launch new funds and investment products together with the Diófa team

Governments continue to come up with measures to help stabilize the economy. Property Forum collected the latest efforts by CEE governments to rescue businesses and individuals affected by the coronavirus crisis.

Many market players, especially those working in industrial and office, expect a swift return to business as usual in the third quarter. Andy Thompson, Director of Czech & Slovak Capital Markets and Tewfik Sabongui, Managing Partner for the Czech Republic shared Colliers International’s expectations for the coming months.

Panattoni will deliver another project for K-FLEX, a manufacturer of thermal and acoustic insulation materials. Next to the company’s existing factory near Uniejów, the developer will build a 9,300-square-metre warehouse facility. The investment will commence in mid-2020.

Belgian real estate developer Liebrecht & wooD, continues the development of its second outlet centre on the Romanian market, in Cernica, near Bucharest, despite the effects of the COVID-19 pandemic, zf.ro reports.

J&T Real Estate is moving forward with the extension of the Eurovea mixed-use complex. The foundation work is progressing and the contractor selection process has concluded.

As a result of the coronavirus outbreak, most CEE/SEE countries have introduced similar moratoria provisions to the Hungarian regulations, but there are several countries that have not yet taken this step. With the help of Dr. Gergely Szalóki, Partner at Schönherr Hetényi Law Firm, we provide an overview of the regulation of these regions' countries in respect of moratoria of bank loans.

Trei Real Estate GmbH, a developer and property asset holder for residential and retail real estate, just launched the sales drive for ownership apartments in the Polish city of Łódź. The project represents Trei’s second residential development in Poland. The initial total of 104 apartments offered for sale will be built during the first construction stage. Trei entered the Polish residential real estate market in summer 2019 with a first project in Wroclaw.

Marriott is closing food and beverage outlets, reducing staff and closing floors or even entire hotels due to the extremely low levels of occupancy across the world. The company has also temporarily deferred most brand standards to help owners and franchisees, including delaying renovations due in 2020 by one year, deferring required furniture, fixtures and equipment funding and suspending brand standard audits.

We are in this together and we will get through this together, writes the CEO of Erste Group Bank about the Covid-19 pandemic in an article published on Linkedin.