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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News - Corporations are still figuring out what’s the future of work
27
Sep
2021

Corporations are still figuring out what’s the future of work

by Property Forum
The size of companies shapes the way in which they plan to resume work in office buildings, commented key speakers during the post-COVID-19 workplace 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 - Inflation pressures to ease going into 2022
22
Sep
2021

Inflation pressures to ease going into 2022

by Property Forum
The high inflation rate that averages at 5% across Central and Eastern Europe and its impact on the property sector was debated during the financing 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 - Major market players in CEE turn to green bonds
21
Sep
2021

Major market players in CEE turn to green bonds

by Property Forum
Real estate investors and developers across Europe are increasingly turning towards green bonds to help build portfolios of sustainable assets that accommodate a lower consumption of resources in the long term and have a limited impact on the environment. This trend is also clearly visible in the Central and Eastern European region, where a growing number of high-profile companies are choosing to finance their expansion plans with the help of green bonds.
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Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.

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