News - The balance between work and home life has never been more visible
23
Jan
2023

The balance between work and home life has never been more visible

by Vera Tumova
Increase in flexible working patterns brought on by the Covid pandemic has had a positive influence on our ability to juggle these two competing pulls on our time and focus, says Clare Sheils, Managing Director of CBRE in the Czech Republic. She talked to Property Forum about market expectations, the ongoing energy crisis and being a woman in top management in real estate.
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News - The biggest winners of the M&A wave will be large funds
17
Jan
2023

The biggest winners of the M&A wave will be large funds

by Property Forum
The current economic downturn may result in more mergers and acquisitions in most of the CEE countries. Owners of some hotels and retail centres may divest their assets to minimize loss. Property Forum asked Csaba Polacsek, Partner, Advisory Services at PwC Hungary about the mood of the possible buyers and the remaining risks in the coming years.
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News - Hybrid working is no longer treated as something temporary
04
Jan
2023

Hybrid working is no longer treated as something temporary

by Michał Poręcki
Katarzyna Zawodna-Bijoch, President and CEO of Skanska’s commercial development business unit in CEE has talked to Property Forum about the changing role of offices, skyrocketing energy prices and the incoming supply gap in the Polish office market.
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News - Circularity and decarbonization must be the driving forces in real estate
28
Dec
2022

Circularity and decarbonization must be the driving forces in real estate

by Property Forum
Some players in the Hungarian commercial property sector have made significant steps to transform the industry, but the majority have failed to do so. Property Forum asked Zsombor Barta, President of the Hungary Green Building Council (HuGBC) about the way the entire industry should act to reach net zero as adopted by the European Union.
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News - ESG compliance efforts should definitely impact sales prices
21
Dec
2022

ESG compliance efforts should definitely impact sales prices

by Ákos Budai
Some developers forecast that sales prices will increase in the future purely as a result of the zero-emission requirements currently being placed on buildings but there is no consensus as to what the ultimate effect will be. Robert David, Partner and Tomáš Kren, Senior Associate at Wolf Theiss’ Prague office talked to Property Forum about the increasingly important role ESG compliance plays in real estate transactions and potential regulatory changes that can affect the market.
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News - Now is the time when owners need to show patience with valuers
21
Dec
2022

Now is the time when owners need to show patience with valuers

by Vera Tumova
The Managing Director of JLL Czech Republic expects a fairly quiet year in 2023 in the investment market. But in the industrial market, next year should be a strong one due to continued steady demand, says Andrew Peirson in an interview with Property Forum.
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News - Occupancy has become ‘king’ in the office market
16
Dec
2022

Occupancy has become ‘king’ in the office market

by Property Forum
As we are seeing a slowing down of new office projects across Budapest and the region, occupancy has emerged as ‘king’, while energy efficiency has become the number one priority for both landlords and tenants. Property Forum asked Jake Lodge, Principal at Avison Young in Hungary about his view on the major changes in the local office market and the way landlords and tenants try to overcome mounting difficulties.
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News - Czech investor sees more investment opportunities in Poland than at home
14
Dec
2022

Czech investor sees more investment opportunities in Poland than at home

by Vera Tumova
Czech investor Investika has quickly become one of the largest players in the local market and has already expanded internationally. The company is currently preparing two transactions in Warsaw and has its sights set on other EU countries, says Petr Čížek, CEO of Investika, in an interview with Property Forum.
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News - Versatility is the hallmark of a good proptech software
13
Dec
2022

Versatility is the hallmark of a good proptech software

by Property Forum
Bidrento is an Estonian-based developer of software for landlords and property management companies to easily manage residential rentals, co-living, student housing and commercial real estate portfolios. Taavo Annus, CEO of the company talked to Property Forum about the latest trends in proptech development, war-related challenges and plans for the new year.
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News - Flex spaces are designed to respond to the needs of the market
09
Dec
2022

Flex spaces are designed to respond to the needs of the market

by Michał Poręcki
Ana Nekhamkin, Vice President of Real Estate and Projects and Michał Kwinta, City Lead Poland at Mindspace talked to Property Forum about their second office in Warsaw, the development of the flex office sector and the potential effects of high inflation.
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Latest news


New leases

  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • 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.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • 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.

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