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

  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.
  • Sports Direct has leased 1,700 sqm in XOPark Sofia for its first Bulgarian store, in a deal brokered by CBRE.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.


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