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News Kinstellar sees pandemic-proof assets driving property demand in Romania
14
Mar
2022

Kinstellar sees pandemic-proof assets driving property demand in Romania

by Ovidiu Nicolae
There is increased demand for all categories of property assets in Romania, with office and industrial set to continue their growth streak this year. Property Forum talked to Victor Constantinescu, Managing Partner of Kinstellar’s Bucharest office and Co-Head of the firm-wide Real Estate practice, about the impact of the pandemic on Romania’s real estate market and how the country’s property investment potential can be harnessed in the next years.
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News Circular economy: Change is inevitable and time is of the essence
11
Mar
2022

Circular economy: Change is inevitable and time is of the essence

by Michał Poręcki
What exactly is the circular economy in real estate and why it is so important? Why do impact investments make a real difference? Monika A. Dębska-Pastakia, Founder and Managing Partner of PADMO Group and renowned real estate expert explains it for Property Forum in detail.
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News CPI Hungary puts strong focus on reducing CO2 emissions
07
Mar
2022

CPI Hungary puts strong focus on reducing CO2 emissions

by Property Forum
CPI Property Group has committed to significantly reducing its portfolio’s carbon footprint and, at the same time, encourages its tenants to do the same. The Group also invests heavily in special building management systems to reach sustainable operation even faster, says Mátyás Gereben, Country Manager at CPI Hungary who talked to Property Forum about the company’s asset management strategy on the local market.
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News Bucharest’s office market sees accelerated yield compression
04
Mar
2022

Bucharest’s office market sees accelerated yield compression

by Ovidiu Nicolae
One United Properties continues to develop its Bucharest-based office portfolio which has reached an estimated value of almost €400 million. Property Forum spoke with Mihai Păduroiu, CEO of the Office Division of One United Properties, about the transformation in the office market triggered by the pandemic and the drivers of demand going forward.
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News WDP sees significant potential in Romania’s logistics market
01
Mar
2022

WDP sees significant potential in Romania’s logistics market

by Ovidiu Nicolae
With around 122,000 sqm of new industrial space under development in Romania, WDP is seeing growing demand across its entire portfolio. Property Forum talked to Gijs Klomp, Business Development Manager at WDP Romania, about the new demand drivers and the investment potential in areas where infrastructure development is accelerating.
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News Investing in sustainability is necessary – and it makes financial sense too
28
Feb
2022

Investing in sustainability is necessary – and it makes financial sense too

by Ákos Budai
There is scepticism in the market regarding the correlation between sustainability and financial performance but it is beneficial to be sustainable if you consider the overall life-cycle of the building, explains Oana Stamatin, ESG Chief Officer | CEE & Romania at Colliers. She talked to Property Forum about the challenges and opportunities owners of real estate face in striving for ESG compliance. 
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News Retail is evolving towards experience and service
24
Feb
2022

Retail is evolving towards experience and service

by Michał Poręcki
Maxim Shkolnick, General Partner at CEE-based retail investor Focus Estate Fund talked to Property Forum about recent acquisitions in Poland, the Covid-driven evolution of the retail market and the astonishing popularity of convenience centres among investment funds.
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News ESG will force all market players to level up their buildings
23
Feb
2022

ESG will force all market players to level up their buildings

by Ákos Budai
S IMMO has recently made major commitments towards building a fully ESG-compliant office portfolio in Budapest with a large acquisition and an ambitious green energy initiative. Géza Barabas, Country Manager of S IMMO Hungary talked to Property Forum about upcoming investment plans and the company’s ESG strategy for the Hungarian market.
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News ESG: To future proof an asset, you have to take action today
21
Feb
2022

ESG: To future proof an asset, you have to take action today

by Ákos Budai
There is a belief that ESG costs money but in fact, the opposite can be true, says Stefan de Goeij, Head of Property Management at Avison Young in the Czech Republic. He talked to Property Forum about compliance, commitment and tackling all the components of ESG in the real estate industry.
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News Development is all about managing risks
18
Feb
2022

Development is all about managing risks

by Michał Poręcki
Development margins in Poland have been under pressure in recent years which is taking effect in a smaller number of projects under construction with planned occupancy dates in 2022 and 2023. Property Forum talked to Mariusz Frąckiewicz, Country Director at Avestus Real Estate Poland about the post-Covid office market in Poland, the impact of inflation and surging land prices.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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