News - Banks look to pre-leases to handle the medium-term cashflow risk
31
May
2022

Banks look to pre-leases to handle the medium-term cashflow risk

by Property Forum
Banks are happy to finance practically any new logistics project. But they are extremely cautious with the office and retail segments, not to mention hotel investments. Property Forum asked Tamás Deák, Director of Commercial Real Estate Finance at Erste Bank Hungary Zrt. about their financing practices amid the new, harsh economic conditions.
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News - Inflation reinforces the need to think about real estate’s carbon footprint
30
May
2022

Inflation reinforces the need to think about real estate’s carbon footprint

by Ákos Budai
Increasing costs of energy and construction materials have visibly reinforced the need to think about the carbon footprint of the real estate industry through construction and building efficiencies. Benjamin Perez-Ellischewitz, Principal at Avison Young in Hungary talked to Property Forum about the impacts of the pandemic and the war in Ukraine on the real estate market and shared his thoughts about companies’ evolving approach toward ESG.
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News - Panattoni wants to explore more opportunities in Hungary
27
May
2022

Panattoni wants to explore more opportunities in Hungary

by Property Forum
The pan-European developer, which entered the Hungarian market a relatively short time ago, sees a lot of opportunities in the countryside to build logistics centres for different end-users. Property Forum asked László Kemenes, Managing Director of the Hungarian branch about the company's plan for expansion and tackling the current general difficulties in the property industry.
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News - ESG must sit at the core of all what any company does
26
May
2022

ESG must sit at the core of all what any company does

by Ákos Budai
Seldom does a “one size fit all” approach work in ESG, says Adam Targowski MRICS, CTP’s recently appointed Group Head of ESG. He talked to Property Forum in detail about the meaning of these three magic letters for him and the company.
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News - Scott.Weber Workspace plans further expansion, not only in Prague
25
May
2022

Scott.Weber Workspace plans further expansion, not only in Prague

by Vera Tumova
Adam Zvada, CEO of Scott.Weber Workspace in Prague talked to Property Forum about the trends driving the flex workspace market and provided some insight into the company's expansion plans.
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News - Demand for high-quality office space is still there
13
May
2022

Demand for high-quality office space is still there

by Michał Poręcki
Many office developers expect to see a supply gap in Warsaw over the next few years and some are ready to take advantage of this opportunity. Jeroen van der Toolen, Managing Director – CEE at Ghelamco talked to Property Forum about the changes in the Polish office market, the incoming supply gap and the company`s interest in the PRS sector.
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News - M7 Real Estate bets on logistics and its existing markets in CEE
12
May
2022

M7 Real Estate bets on logistics and its existing markets in CEE

by Ákos Budai
David Ebbrell, CEO and Mirta Ceranac Poljak, Managing Director for Croatia at M7 Real Estate talked to Property Forum at MIPIM about investment strategy, economic challenges and opportunities for sustainable growth.
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News - Rising rents can make up for increasing development costs
09
May
2022

Rising rents can make up for increasing development costs

by Ákos Budai
Inflation is putting pressure on developers to increase rents. Luckily, in some markets, such as the Czech logistics market, buoyant demand is helping drive rental growth. Jakub Kodr, Head of Business Development at CTP Czech Republic talked to Property Forum about the company’s expansion plans, dealing with inflation and changing demand dynamics.
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News - Whatever we build now is cheaper than what we will build tomorrow
06
May
2022

Whatever we build now is cheaper than what we will build tomorrow

by Ákos Budai
The entire development cost of logistics projects is increasing substantially and it will continue to do so, says Robert Dobrzycki, CEO & Co-Owner of Panattoni. He talked to Property Forum at MIPIM about uncertainties and the dynamic growth of the logistics sector in CEE.
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News - GTC: We are not actively pursuing any disposals
05
May
2022

GTC: We are not actively pursuing any disposals

by Michał Poręcki
Zoltán Fekete and Ariel Ferstman, the CEO and CFO of Globe Trade Centre, have talked to Property Forum about GTC`s financial results in 2021, shaking off the last COVID-related restrictions and biggest challenges for the commercial property market in 2022.
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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • 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.

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