Warsaw and regional cities enjoy robust office demand image
STORY OF THE DAY
Warsaw and regional cities enjoy robust office demand

Story of the week

News Warsaw and regional cities enjoy robust office demand
09
May
2025

Warsaw and regional cities enjoy robust office demand

by Forum Property
Cushman & Wakefield has summarised the performance of Poland’s largest office markets in the first quarter of 2025. In the first three months of 2025, office leasing volumes rose year-on-year by 16% in Warsaw and 27% in regional cities. Meanwhile, new supply remained low, with a rebound in development unlikely before 2027.
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Retail

News analysis BNP Paribas Real Estate Poland retail
12
May
2025

Poland’s retail sector makes a strong start of the year

by Forum Property
According to the latest report from BNP Paribas Real Estate Poland, retail development activity continues unabated. A total of 42,000 sqm was added to the Polish market in the first quarter, with this year’s new supply expected to surpass 400,000 sqm, approaching last year’s record volume.
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White Star to manage three shopping centres in southern Poland Redkom starts construction of retail park in Bydgoszcz Retail investment volumes rise in Poland

Report

News Brno Czech Republic industrial Olomouc Plzeň Prague Savills
12
May
2025

Prague and Brno unable to feed industrial demand

by Forum Property
The intensive construction of warehouse and production facilities for lease across the Czech Republic continued into the first quarter of 2025, according to the analysis of demand and availability of modern industrial space by Savills. However, supply remains insufficient in certain key markets, particularly in Prague and Brno. 
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Smart cities, smarter futures: PropTech Hungary Conference returns in 2025 The greener a building is, the higher its profitability Retailers focus on strategic location planning more than ever

Office

News investment office Poland Syrena Real Estate Warsaw
12
May
2025

Syrena Real Estate buys office project in Warsaw

by Forum Property
Syrena Real Estate, a Polish commercial real estate investment company, has acquired the Zaułek Piękna office building located in the heart of Warsaw's Śródmieście district from Manova Partners. The purchase was co-financed by mBank. The price has not been disclosed.
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One United raises funding for Bucharest office project Atenor sells office building in Budapest Vydrica receives use approval for office building in Bratislava

Industrial

News logistics Łódź Panattoni Poland warehouse
12
May
2025

Panattoni to build huge BTO project near Łódź

by Forum Property
Panattoni is launching one of the largest investments in the market - a strategic project for its long-standing partner, Media Expert. A complex of two warehouses totalling over 207,000 sqm will be constructed in Łódź under a built-to-own (BTO) model. The total value of the investment amounts to PLN 500 million (ca. €116 million).
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Bielenda leases 10,500 sqm near Łódź Industrial leasing in Romania up 31% in Q1 2025 Aldi leases 43,000 sqm near Warsaw

Hotel

News Hagag Development Europe Romania Win Advisors Yitzhak Hagag Zamfirescu Racoți Vasile & Partners
12
May
2025

Hagag Development Europe enters Bucharest hotel market

by Forum Property
Hagag Development Europe has partnered with Radisson Hotel Group to launch its first hotel in Bucharest under the Radisson RED brand. 
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Amstar Management sells two hotels in Bucharest Mogotel Hotel Group to expand in Ljubljana Bucharest’s hotel market sees strong development pipeline by 2027

Investment

News Alto Real Estate Bratislava ČSOB Dentons Europe CS LLP investment SEMANČÍN & PARTNERS Slovakia SLSP Tatra Banka VÚB
09
May
2025

Alto signs financing for flagship project in Bratislava

by Forum Property
Alto Real Estate has secured financing for its flagship project in Bratislava. The developer has announced the successful signing of a loan agreement to secure financing for the SKY PARK Tower project, the latest work of the world-renowned architectural studio Zaha Hadid Architects in Slovakia.
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Noho One in Warsaw to get €182 million financing Investment market in Poland keeps up the pace Erste Group to acquire controlling stake in Santander Bank Polska

Residential

News Brno Czech Republic PSN residential
06
May
2025

PSN launches sale of resi project in Brno

by Forum Property
PSN has announced the launch of the sale of the first phase of the Brno Jedna residential project near the very centre of Brno. The first two buildings – Neon and Xenon – will offer a total of 188 units.
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Meta Estate Trust invests €4 million in Bucharest apartments Alfa Group invests €90 million in new resi complex in northern Bucharest Foreign property buyers return to pre-Covid levels in Hungary

Career

News career Colliers Czech Republic
23
Apr
2025

Colliers appoints new Managing Director in Czech Republic

by Forum Property
Colliers has announced the appointment of Katarína Brydone as the Managing Director of Colliers in the Czech Republic, effective 2 May 2025. This appointment has followed the announcement of Tewfik Sabongui stepping down from Colliers after seven years of leading the Czech Republic business. 
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P3 appoints new CZ & SK Marketing Manager Coldwell Banker enters real estate market in Poland Drees & Sommer Hungary names new Managing Director

Interview

News Bucharest Gránit Asset Management Hungary investment office Romania Skanska
23
Apr
2025

Behind the scenes of the deal of the year so far: How Bucharest made the cut

by Forum Property
In a market environment marked by pricing inelasticity and shifting investor sentiment, Gránit Asset Management has made a significant move with the acquisition of Equilibrium 1, a landmark office building in Bucharest. Property Forum talked to Erik Wafler MRICS, Senior Investment Manager at Gránit Asset Management, to gain deeper insight into the strategic thinking behind this transaction, the challenges of sourcing institutional-grade assets in CEE, and the company’s broader ambitions in the region
Read more >
REIT law in Poland: After 442 weeks waiting, what's next? Retail parks and resi projects are willingly financed by banks CTP MD breaks down demand shifts and bold growth path

Economy

News banking commercial real estate Cushman & Wakefield Echinox finance Romania Vlad Săftoiu
21
Mar
2025

Banking sector holds low exposure in Romania’s CRE

by Forum Property
Romania's banking sector has a relatively low exposure to the commercial real estate (CRE) market, indicating stability and significant growth potential, according to an analysis by Cushman & Wakefield Echinox. 
Read more >
Trump is back: What this means for CEE real estate Trump presidency: A nightmare for CEE economies CEE economic convergence: A success story with challenges ahead

New leases

  • DAAS has leased another 3,600 sqm for a training centre in ELI Park Ploiești. The company’s total leased area in the project has reached 12,600 sqm.
  • Leroy Merlin has leased around 4,000 sqm of office space in Bucharest-based Floreasca Park in a deal brokered by Cushman & Wakefield Echinox. The office project is owned by Resolution Property and Zeus Capital Management.
  • Schindler Romania is moving its office to Vastint’s Business Garden Bucharest. The company has leased 1,160 sqm in a deal brokered by CBRE Romania.

New appointments

  • At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.
  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.

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