Are we slowly getting back to normal?

16
Apr
2020
News - Are we slowly getting back to normal? #CEE #coronavirus #Czech Republic #Germany

by Property Forum | Economy

After the first loosening measures of Austria, Slovakia and the Czech Republic, more countries of the region plan to start gradually scaling back the regulations imposed to stop the spread of the coronavirus pandemic.


Smaller retail stores can reopen next week in Germany

The German economy will start to return to normal from 20 April. Retail stores with a sales area of 800 square meters can reopen on Monday, while schools will gradually start from 4 May.

Regardless of the sales area, car and bicycle shops and bookstores, cultural facilities such as libraries as well as zoological and botanical gardens are also allowed to be open from Monday. Other social distancing measures, along with bans on large public events, restaurants and bars, will remain in place.

The Czech Republic’s five-step plan

The government of The Czech Republic has already started to loosen some coronavirus restrictions by opening outdoor facilities for individual sports and shops selling construction, hobby and hardware products. Also, business travels have been allowed. Now, the Czech government has drafted a five-step plan for loosening the coronavirus restrictions.

Most shops, service providers such as hairdressers, as well as outdoor areas of restaurants, museums and zoos can reopen as of 25 May. From 8 June, all retail stores and shopping malls, all restaurants, hotels and other accommodation will be allowed to reopen and the unlimited operation of cafes, pubs, and restaurants will be allowed. Each venue must adopt social distancing and hygienic regulations.

Romania plans to reopen schools

In Romania, schools may reopen from 15 May, according to the announcement of the prime minister of the country.
 




Latest news


New leases

  • Banca Transilvania has renewed its lease for 1,200 sqm in AFI Park Timișoara, in a deal brokered by Cushman & Wakefield Echinox.
  • Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.
  • Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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