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News Poland in world’s top 20 for real estate transparency
30
Jul
2020

Poland in world’s top 20 for real estate transparency

by Property Forum
JLL and LaSalle have published the latest edition of the Global Real Estate Transparency Index – GRETI. As emphasized by the authors of the report, although there is a greater emphasis on corporate social responsibility and the use of new technologies, we are currently facing the slowest rate of transparency improvement since the period directly following the Global Financial Crisis.
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News Poland’s H1 2020 investment volume reaches €3 billion
17
Jul
2020

Poland’s H1 2020 investment volume reaches €3 billion

by Property Forum
According to Savills, commercial property investment activity hit €2.92 billion across Poland in H1 2020, up by almost 5% on the same period in 2019. Despite COVID-19 challenges, it was the second-best result in the first half of a year on record. Savills anticipates that the pandemic’s impact will be noticeable in H2 2020, but the investment volume is unlikely to fall by more than 20% compared to last year’s all-time high.
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News New investors account for half of transactions in Poland
17
Jul
2020

New investors account for half of transactions in Poland

by Property Forum
The first half of 2020 saw a record high investment activity with €3.5 billion of investment transactions closed on the Polish market. Although this was a 30% higher result compared to the corresponding period of last year, achieving a full-year result similar to the record-breaking €7.8 billion volume of 2019 may be difficult, according to Avison Young.
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News What’s the New Normal in Romania?
16
Jul
2020

What’s the New Normal in Romania?

by Property Forum
Romania's Real Estate Yearbook 2020 has published "The New Normal - Market Pulse Report, Romania", an exclusive property market update on Romania at end of the lockdown.
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News Banks in Europe expect a slow recovery
16
Jul
2020

Banks in Europe expect a slow recovery

by Property Forum
Banks in Europe are expecting a slow recovery in the wake of the COVID-19 pandemic, and while they forecast that hotel and retail loan portfolios will likely be hit more considerably than office and other real estate asset classes, the majority of them believes that the impairment will be in the range of a few percentage points up to 10% in total. These are some of the early findings from the COVID-specific section of this year's edition of KPMG's Property Lending Barometer, due to be published in autumn 2020.
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News Only four megaprojects are under construction in Poland
16
Jul
2020

Only four megaprojects are under construction in Poland

by Property Forum
There are only four construction projects with a unit value in excess of PLN 3 billion (€670 million), excl. VAT, currently underway in Poland. The combined value of these projects, commonly referred to as megaprojects, is almost PLN 17 billion (€3.8 billion), excl. VAT. This is not a lot, given the fact that projects worth a total of nearly PLN 300 billion (€67 billion) are in the pipeline.
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News Europe’s property industry closes Q1 2020 with lowest quarterly performance since Q4 2012
16
Jul
2020

Europe’s property industry closes Q1 2020 with lowest quarterly performance since Q4 2012

by Property Forum
Results from the INREV Quarterly Index for the first quarter of 2020 reveal initial signs of the negative effects of the COVID-19 pandemic on the European real estate industry, with the lowest quarterly performance since Q4 2012.
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News CEE’s manufacturing industry increases productivity
09
Jul
2020

CEE’s manufacturing industry increases productivity

by Property Forum
CEE’s highly skilled and lower cost workforce, its well-established track record and competitiveness in industrial production coupled with the fact that the region has enabled manufacturers to generate higher levels of economic output at disproportionately lower operating costs is a compelling case for continued FDI into the region, according to Colliers International.
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News How’s COVID-19 affecting the manufacturing sector?
09
Jul
2020

How’s COVID-19 affecting the manufacturing sector?

by Property Forum
As the manufacturing sector begins to reopen around the world, new trends are emerging in response to the global COVID-19 pandemic, according to new research by Cushman & Wakefield.
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News Construction output set to drop across most of SEE
02
Jul
2020

Construction output set to drop across most of SEE

by Property Forum
The construction industry in most of Southeastern Europe will be bruised by the pandemic effects this year, causing a drop in construction outputs. The two exceptions are Croatia and Bulgaria where civil engineering could compensate for the losses elsewhere. Already in 2021, we are likely to see positive growth rates in all 5 countries, according to the Eastern European Construction Forecasting Association
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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