Although development activity was muted in Katowice throughout 2019, there is now more than 210,000 sqm of office space under construction across 13 projects. Cushman & Wakefield summarised the past year on Katowice’s office market.

The government authorities in all countries where Immofinanz owns and operates retail properties have recently imposed restrictions and implemented various measures to contain Covid-19. These measures affect various aspects of everyday life, among others through the temporary shutdown of retail facilities. Exceptions have generally been made for stores, which sell basic supplies like supermarkets and pharmacies, drugstores, post offices, banks, pet food shops etc. Moreover, access to public areas has been limited or similar recommendations have been issued. Immofinanz supports these measures in the interest of public health and safety.

Property Forum collected the latest measures taken in CEE countries to mitigate the negative effects of the coronavirus outbreak.

Cushman & Wakefield Echinox has been commissioned to manage Mendeleev Office 5, an office building recently delivered in downtown Bucharest, by Akcent Development.

7R will build a modern logistics complex, 7R Park Łódź East I, on a newly purchased 20 ha plot located on Brzezińska Street. This is 7R's fifth investment in the city.

Property Forum provides a comprehensive summary of the most important coronavirus-related measures that have been introduced in CEE countries. All of them have implemented a number of restrictive measures to slow down the spread of the virus and several governments have announced plans to help companies hit hardest by the coronavirus crisis and to stimulate the economy.

CBRE expects the COVID-19 outbreak to have a negative short-term impact on certain sectors of the commercial real estate market. However, the further transmission and evolution of the virus remains difficult to predict.

The pandemic declared last week by the WHO has undoubtedly a crippling effect on businesses and poses major challenges and unexpected obstacles to supply chain management. Nevertheless, as always in such crisis situations, there are also companies that come out unscathed of them, even in a better condition and with innovative solutions. Will the coronavirus be a black swan for the Polish market and will it further accelerate the fast-growing e-commerce sector? An analysis by Damian Kołata, Associate, Industrial & Logistics Agency at Cushman & Wakefield.

According to Colliers International’ COVID-19 Insights, it will take until at least Q2 2020 for the investment market to come to terms with what is a very sharp economic global shock and a potentially deeper economic shock for Europe.

One United Properties announced that it is helping the medical system in fighting COVID-19 by donating €100.000.