Digitizing commercial property provides endless new opportunities for owners and managers of large property portfolios. No one knows this better than Dr. Robert Herman MRICS, who left Hungary three years ago to start a tech company in California. He talked to us about the importance of technology in the property business and his new role as a member of the RICS in the Americas Board.

Do Polish public administration units move with the times? It turns out that more and more of them indeed do - the number of state-owned institutions that have decided to lease space in modern office buildings have markedly increased in the past few years, according to JLL’s latest report.

The One Cotroceni Park project, developed by One United Properties in Bucharest on a 5.8 hectares land plot, will give a new dimension to the Work - Live - Shop concept on the local market, offering a 15,000 square meters retail area, comparable to that of a medium-sized shopping centre, to the future employees and residents who will live within the project.

Panattoni Europe is growing its capital market structures. The team has been joined by Michał Stanisławski, taking on a new position of Director of Capital Markets Poland. Among other tasks, he will be responsible for managing investor relations, including raising capital for the developer’s dynamically growing investment projects in the country.

According to one of CEE’s most active developers, tenants in recent years have become more open to innovative and sustainable solutions when it comes to renting retail or office spaces. Tibor Tatár, CEO of Futureal talked to Property Forum about the company’s current projects and changing tenant expectations. Tibor Tatár will be joining a panel on the Hungarian property market at our upcoming CEE Property Forum 2019 in Vienna.

Property Forum and RICS are organizing the seventh edition of CEE Property Forum this September. Just like in previous years, leading decision-makers in real estate will come together in Vienna to discuss the future of the industry. CEOs, influential investors, bankers, developers, fast-growing proptech start-up founders, architects and valuers will analyse the potential of the CEE property market from a global perspective, providing an excellent networking opportunity.

P3 has signed new leasing contracts with two companies in Romania, Coca-Cola HBC Romania and Mobexpert. The total space leased by the two companies in P3 Bucharest A1 park is of 5,000 sqm.

BNP Paribas Real Estate has appointed Karel Bor as the new Managing Director in the Czech Republic. Karel Bor brings with him over 20 years of professional experience within the real estate industry including brokerage, advisory and property development.  

Nearly 70,200 sqm of office space is currently under construction on Katowice’s office market, according to Cushman & Wakefield. Of the six projects underway, the largest is Face2Face Business Campus, comprising two phases with a total of 46,800 sqm.

Cordia, a major player in the Hungarian market owning numerous property developments in Romania and in three Polish cities, has started construction of its tallest residential property ever in Warsaw. Being built on the shore of Vistula river, the 164-apartment premium-class building offers easy access to any part of the Polish capital.