All eyes on the Czech property market

13
Apr
2017
News - All eyes on the Czech property market #conference #Czech Republic #event #Prague #Prague Property Summit #Property Forum #RICS

by Ákos Budai | Report

On 25th April 2017 the first edition of Prague Property Summit, organized by Property Forum in partnership with the Royal Institution of Chartered Surveyors (RICS) will gather leading real estate professionals and top executives from Central and Eastern Europe to analyse the potential of the Czech real estate market from a global perspective. 25 speakers and more than 100 visitors will come together in Prague, creating a unique networking opportunity. 


Real estate and banking professionals, developers based in Central and Eastern Europe, investors interested in the region, bankers, advisors, law firms, agencies and property managers will come to Prague to discuss the latest trends on the Czech and other CEE real estate markets. 
 
It is without doubt an exciting time for the Central European real estate industry as markets continue to perform well amid a world economy characterised by growing uncertainty and unpredictability. As a consequence of Brexit and last year’s election results in the United States, European property markets are facing new challenges, and real estate professionals across CEE are asking questions about the future. This conference brings together leading experts from the real estate sector, senior economists and other industry experts, to explore the most important challenges of the industry and possible strategies for the future.
 
Guests of the conference will get to hear a global institutional investor’s view of what to expect and what strategies to follow. Local and international players will summarise their outlook for 2017 on the investment market, revealing how they expect the recent policy change by the Czech National Bank will impact property investment volumes. Developers will also reveal their expectations for Prague, followed by market insights into the booming sectors of the Czech property market: logistics, hotel and residential.
 
More information can be found by clicking here.



Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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