News - VGP records net profit of €203.8 million in H1 2021
31
Aug
2021

VGP records net profit of €203.8 million in H1 2021

by Property Forum
Industrial and logistics developer VGP recorded a net profit of €203.8 million in the first half of 2021. VGP announced its financial and operational results for H1 2021.
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News - Immofinanz reports strong earnings plus for H1 2021
31
Aug
2021

Immofinanz reports strong earnings plus for H1 2021

by Property Forum
Immofinanz generated strong growth in the results of operations and net profit during the first half-year. The expansion of the portfolio through acquisitions in Bucharest and Italy during recent months will be continued. The acquisition and development project pipeline has a volume of more than €1 billion. 
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News - CA Immo reports strong earnings growth in H1 2021
25
Aug
2021

CA Immo reports strong earnings growth in H1 2021

by Property Forum
CA Immo's operating result (EBITDA) of €114.9 million for H1 2021 was up 27% on the previous year's figure.
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News - Czech Republic remains Europe’s best manufacturing destination
25
Aug
2021

Czech Republic remains Europe’s best manufacturing destination

by Property Forum
The Czech Republic once again ranks high in the rating of the 47 best manufacturing destinations. Thanks to a good score in all criteria such as operating costs, labour, political and economic risk and the ability to bounce back after the coronavirus crisis, the country came fifth globally and first in Europe. Since 2016 when the Czech Republic was included in Cushman & Wakefield’s Manufacturing Risk Index for the first time, it has been ranked among the best manufacturing destinations on a regular basis.
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News - GTC proceeds with transformation to unsecured debt
24
Aug
2021

GTC proceeds with transformation to unsecured debt

by Property Forum
For GTC, the first half of the year was marked with the change in its financing structure and move from individual secured bank loans for particular projects to predominantly unsecured bond funding. The company published its results for H1 2021.
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News - CTP records €188.3 million profit for H1 2021
12
Aug
2021

CTP records €188.3 million profit for H1 2021

by Property Forum
CTP announced its results for the first half-year of 2021. CTP reports strong half-year results and is well on track to further accelerate its development, raising its GLA growth target to beyond 7.7 million sqm by year-end 2021, up from 7.5 million sqm as guidance at its IPO end of March 2021.
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News - Residential projects remain major drivers of Poland’s construction sector
09
Aug
2021

Residential projects remain major drivers of Poland’s construction sector

by Property Forum
The growth potential of the Polish construction market will remain significant through 2026 on the back of the continuation of ambitious road and railway infrastructure projects, the required power transformation of the Polish economy and the steadily robust performance of the residential construction sector. A vast majority of projects underway or planned to implemented are located in the six most economically advanced regions, which jointly account for two-thirds of the construction market’s value.
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News - Investor sentiment across CEE remains strong
06
Aug
2021

Investor sentiment across CEE remains strong

by Property Forum
According to Colliers, CEE markets continue to feel some impact on transactional activity with flow volumes down ca. 22% year-on-year. Poland captured more than half of all invested capital in the first half of the year. Colliers estimates for 2021 that year-end volumes will remain between €10-11 billion.
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News - Leasing activity picks up in Slovakia across all markets
06
Aug
2021

Leasing activity picks up in Slovakia across all markets

by Property Forum
Total take-up on the Bratislava office market reached 37,000 sqm which represents a year-on-year increase of 19.5%. As the pandemic slowed down, retail leasing activity also returned and with it the surge in footfall and turnovers. Total quarterly industrial/logistics take-up recorded a strong 22% year-on-year growth, reaching 146,300 sqm. Cushman & Wakefield published its Q2 2021 industrial, office and retail market reports focused on the Slovak market.
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News - Croatia records 30% increase in investments year-on-year
29
Jul
2021

Croatia records 30% increase in investments year-on-year

by Property Forum
Croatia’s commercial real estate investment volume exceeded €290 million in H1 2021, according to a new report by Colliers.
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Latest news


New leases

  • Sygnity will take over new office space in Building B of the West Forum complex in Wrocław. The tenant, which has been present at the site for nearly 20 years, has opted to relocate within the development and sign a new long-term lease agreement. Sygnity was represented in the transaction by Patron Brokers, while BNM Real Estate serves as the exclusive agent for West Forum.
  • The M1 Zabrze shopping centre, managed by EPP, has signed new leases covering 2,500 sqm. This includes CentrumRowerowe.pl, which will occupy 2,150 sqm for a new stationary showroom. The tenant group at M1 has also been joined by Alpine Pro, Świat Książki, and Wakacje.pl.
  • Millennium Gardens has expanded its tenant portfolio by securing a major international logistics provider. The global firm will establish its Budapest office within the development. As a leading service provider, the company already operates nearly 80,000 sqm of logistics infrastructure in the region.

New appointments

  • Mateusz Sobczak has joined Scallier’s operations in Poland as Project Manager within the Development Department. Sobczak is an experienced engineer with 15 years of professional practice in project management within the commercial real estate sector. Throughout his career to date, he has collaborated with leading logistics developers, including the MLP Group and 7R.
  • CBRE Southeast Europe has strengthened its Zagreb operations with two strategic appointments in the Office Leasing department. Edmund Krznarić has taken over the role of Head of Office Leasing for the Croatian market. Additionally, Jan Pečnik has joined the team as Senior Consultant.
  • Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.

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