CEE countries start to loosen lockdown measures

14
Apr
2020
News - CEE countries start to loosen lockdown measures #CEE #coronavirus #economy #recession

by Property Forum | Economy

Countries in CEE acted early by closing their borders and introducing lockdown measures in response to the pandemic. Now, Austria and the Czech Republic are among the first in Europe to begin lifting their coronavirus restrictions.


Austria's Chancellor announced a step-by-step plan to loosen coronavirus restrictions and reopen the economy. The process is starting today by reopening small shops (up to 400 square metres) as well as all home-improvement, hardware and garden stores. People entering the stores need to wear face masks.

According to the step-by-step plan, larger shops and shopping malls, as well as hairdressers, can reopen on 1 May, while hotels and restaurants on 15 May.

The government of The Czech Republic has also started to loosen some coronavirus restrictions. Outdoor facilities for individual sports and shops selling construction, hobby and hardware products can reopen today. Also, essential travel, such as business trips, is allowed as of today.

As we have written earlier, the government of Slovakia has already allowed to open selected shops from 30 March. The shops needed to adopt strict hygienic measures in order to be allowed to reopen. The number of people entering the shop is limited and the disinfection of hands is required.




Latest news


New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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