News - Chinese and Korean investors target Prague actively
16
May
2018

Chinese and Korean investors target Prague actively

by Ákos Budai
Investor demand remains very strong on the Czech market and it seems that the only thing that can limit further growth is the lack of available product in most market segments. Mike Atwell, Regional Director, Head of Capital Markets Czech Republic and Leader Director CEE Capital Markets at JLL shared his expectations for the Czech market.
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News - Prague and Warsaw lead the way in student housing
14
May
2018

Prague and Warsaw lead the way in student housing

by Ákos Budai
In recent years student housing has emerged as a highly attractive investment product on European markets. With the number of international students set to grow further and supply still limited, the future of this asset class seems bright. Stefan Kolibar, Head of Marketing at StudentMarketing talked about recent market developments.
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News - Czech Republic needs to get ready for a more digitised marketplace
26
Apr
2018

Czech Republic needs to get ready for a more digitised marketplace

by Ákos Budai
Although the Czech property investment market continues to boom, it is likely that the total investment volume for 2018 will be lower than it was in 2017. Omar Sattar MRICS, Managing Director of Colliers International Czech Republic shared his predictions for the future of the Czech investment market.
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News - Brick and mortar retail is far from dead
12
Apr
2018

Brick and mortar retail is far from dead

by Ákos Budai
With consumer habits changing rapidly and technology reshaping the entire real estate industry, the only way for shopping centres to stay in the race is to innovate. Ingo Nissen, Sonae Sierra’s Managing Director for Romania talked about the future of retail and the Romanian retail market in particular.
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News - CTP to continue heavy expansion, CEO says
09
Apr
2018

CTP to continue heavy expansion, CEO says

by Ákos Budai
The CEO of CTP believes that logistics is a future-proof investment product that can make or break a company's success. The developer is moving ahead with full speed and hopes to increase its portfolio to 8 million sqm within the next few years. Remon Vos talked to Property Forum in Budapest about current plans and the future of industrial/logistics as an asset class.
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News - Ikea embraces e-commerce and unveils ambitious growth plan
05
Apr
2018

Ikea embraces e-commerce and unveils ambitious growth plan

by Ákos Budai
Ikea’s presence is growing rapidly in the SEE region. Construction is underway at the second store in Bucharest and there are further plans for new developments. Viviana Pavel, Real Estate and Development Manager at Ikea South East Europe shared her thoughts on the retail market, e-commerce and the company’s regional expansion.
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News - Technology is changing how property managers work
28
Mar
2018

Technology is changing how property managers work

by Ákos Budai
Landlords and tenants have become more educated in recent years. Landlords know better what to request from PM providers and tenants know what they should expect in a modern office building. Mariana Stamate, Associate Director, Head of Property Management at JLL Romania provided an overview of the property management business in Romania.
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News - Landlords have to raise the bar in Bucharest
26
Mar
2018

Landlords have to raise the bar in Bucharest

by Ákos Budai
Development is booming in almost all segments of the Romanian market, but developers still need to overcome a number of legal and regulatory challenges before they can start building. Then, once construction is complete, they must realise that tenants have become more aware and more “choosey”. Răzvan Gheorghiu-Testa, Partner at Țuca Zbârcea & Asociații and Head of the firm’s Real Estate Practice Group reviewed some of the issues that may arise when developing or leasing a new building in Romania.
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News - Is Romania evolving towards the Polish model?
22
Mar
2018

Is Romania evolving towards the Polish model?

by Ákos Budai
The number of institutional-grade products has increased progressively and we are now at a point where Romania can be competitive compared to other CEE countries with regards to building quality as well as tenant profile. Robert Miklo, Director of Investment Services at Colliers International Romania shared his thoughts.
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News - It’s time for the Romanian market to warm up!
18
Mar
2018

It’s time for the Romanian market to warm up!

by Ákos Budai
In Romania, the peak of the real estate cycle is often delayed compared to other countries in the region and market dynamics don’t allow for a true warm up. Ana Dumitrache, Head of Investment Properties at CBRE Romania shared her expectations for the market.
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Latest news


New leases

  • XXS GYM has signed a lease for over 850 sqm of space in the modern O3 Business Campus office complex, located on Opolska Street in the northern part of Cracow.
  • Alior Bank has extended its lease at Ocean Office Park B in Kraków to accommodate its Private Banking Department. The deal, supported by brokerage firm CBRE, marks the final stage of a two-year consolidation of the bank's Kraków operations. Following the expansion, the bank occupies approximately 7,000 sqm within the Cavatina Group-owned complex.
  • TriGranit has finalized a lease extension with Mondelez Europe Services to remain in the Signum Work Station building through 2032. Facilitated by broker CBRE, the agreement secures nearly 4,000 sqm of office surface for the global snacks group member within Warsaw’s Mokotów district.

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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