News - The property sector needs to speed up carbon reduction initiatives
15
Oct
2021

The property sector needs to speed up carbon reduction initiatives

by Property Forum
CEE is a competitive market based on the number of certified buildings, but companies need to accelerate carbon reduction projects, noted speakers in the ESG strategies panel of CEE Property Forum 2021, Property Forum’s first real-life event back in Vienna since 2019 which was attended by over 400 people coming from countries all over the region and beyond.
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News - Q1-Q3 property investments in Romania at €570 million
14
Oct
2021

Q1-Q3 property investments in Romania at €570 million

by Property Forum
Commercial real estate investments in Romania amounted to €570 million in the first nine months, down 29% compared to the same period of 2020, according to JLL Romania. The Bucharest market attracted 70% of the total investment volume, mainly in the office segment. 
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News - Retail parks lead the sector’s post-COVID-19 recovery
11
Oct
2021

Retail parks lead the sector’s post-COVID-19 recovery

by Property Forum
Retail parks and regional shopping centres are driving the sector’s growth, suggested speakers during the future of retail panel of CEE Property Forum 2021, Property Forum’s first real-life event back in Vienna since 2019 which was attended by over 400 people coming from countries all over the region and beyond.
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News - House prices in Hungary have more than doubled since 2010
08
Oct
2021

House prices in Hungary have more than doubled since 2010

by Property Forum
Rents and house prices in the EU have continued their steady increase in Q2 2021, going up by 1.3% and 7.3% respectively, compared to Q2 2020, according to Eurostat data. Looking at long-term trends, CEE countries are among those that have registered the highest house price growth since 2010.
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News - The future is about providing local workplaces, IWG founder says
06
Oct
2021

The future is about providing local workplaces, IWG founder says

by Property Forum
IWG Founder and CEO Mark Dixon shared his vision for making work more local, locking in benefits for people, profits and the planet.
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News - CEE’s economic growth to boost its investment profile
05
Oct
2021

CEE’s economic growth to boost its investment profile

by Property Forum
The GDP growth estimate of up to 5% for countries in Central and Eastern Europe (CEE) will attract more institutional money in the regional property markets, suggested speakers during the local & cross-CEE investment panel of CEE Property Forum 2021, Property Forum’s first real-life event back in Vienna since 2019 which was attended by over 400 people coming from countries all over the region and beyond.
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News - Romanian property tycoon dies in plane crash
04
Oct
2021

Romanian property tycoon dies in plane crash

by Property Forum
Dan Petrescu, 68, has died on Sunday shortly after the private jet he was piloting crashed near an airport in Milan.
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News - Prague apartment prices are catching up with mid-range locations in Austria
01
Oct
2021

Prague apartment prices are catching up with mid-range locations in Austria

by Property Forum
In 2021, the excess demand in the Austrian apartment building market will continue to lead to solid increases in the values of residential and commercial buildings. However, according to Arnold Investments, prices in very good and good locations have currently stabilised at a high level. Entry-level prices for local properties within the “Gürtel” (beltway) are currently starting at €4,000 to €5,000 per square metre.
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News - S Immo wants to expand its Hungarian portfolio
30
Sep
2021

S Immo wants to expand its Hungarian portfolio

by Property Forum
S Immo aims to further strengthen its presence in the Central and Eastern European region, including Hungary, the company announced in a press release celebrating 20 years of operation in the Hungary.
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News - Sellers are the big winners, investors say
30
Sep
2021

Sellers are the big winners, investors say

by Property Forum
The sellers are the big winners in the current market, but new growth opportunities for investors are still present in the region, commented speakers during the post-COVID-19 investment panel of CEE Property Forum 2021, Property Forum’s first real-life event back in Vienna since 2019 which was attended by over 400 people coming from countries all over the region and beyond.
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Latest news


New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.

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