News - What role do receptions play in the future of offices?
25
Nov
2021

What role do receptions play in the future of offices?

by Property Forum
The appearance and functionality of a building’s reception area is in many cases the first impression of a company that potential clients and business partners will see. Do you remember the lobbies that truly impressed you? In the same way, you probably haven't forgotten those that did exactly the opposite. Smart systems in the reception area can enhance a positive experience, solve several problems and improve collaboration across departments. Can your receptionist do that too? Katarína Karmažinová, PR Manager at Colliers in the Czech Republic asks the question.
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News - Despite Covid, student housing has a bright future in Poland
23
Nov
2021

Despite Covid, student housing has a bright future in Poland

by Michał Poręcki
The Polish star is shining brightly on the European map of private student housing investments with rising rents on the horizon, said speakers during a discussion panel at Living Investment Forum 2021 in Warsaw, moderated by Martin Varga, Head of Real Estate Business Development at Bonard.
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News - CTP reports 92% increase in profit year-to-date
17
Nov
2021

CTP reports 92% increase in profit year-to-date

by Property Forum
CTP reported a 92% rise in profit for the first nine months of 2021 to €317.8 million, compared with €165.8 million for the same period of 2020. The company’s strong performance was driven by solid ongoing leasing take up, rental growth and record development valuations from accelerating yield compression in CTP’s core CEE portfolio. The robust financial results are manifested in adjusted EPRA earnings per share year-to-date increasing to €0.38 in 2021 as compared with €0.29 for the same period in 2020. The company has also invested significantly this year in boosting its talent base, attracting new people into senior management roles in country teams and across group functions.
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News - Data centre investors and developers face growth pains
17
Nov
2021

Data centre investors and developers face growth pains

by Property Forum
Data centres remain one of the fastest growing real estate segments as the COVID-19 pandemic has accelerated favourable secular trends, but developers and investors looking for high yields and promising stable cash flows face specific risks. Scope Ratings says managing the risks, particularly those related to energy and the environment, has become particularly challenging today.
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News - Hungary’s construction sector closes modest third quarter
16
Nov
2021

Hungary’s construction sector closes modest third quarter

by Property Forum
After a significant expansion in Q2 2021, the value of started construction works in the Hungarian construction industry marked a major drop between July and September. Yet overall, the Activity Start indicator remained high for Q3 2021 due to the exceptionally good second quarter, according to the EBI Construction Activity Report.
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News - GTC continues transition to unsecured debt
16
Nov
2021

GTC continues transition to unsecured debt

by Property Forum
The results after the first three quarters of 2021 are showing an upward trend with all the main parameters above the comparable for 2020. GTC published its Q1-Q3 2021 results.
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News - COVID-19 fuels changes on the residential market
15
Nov
2021

COVID-19 fuels changes on the residential market

by Michał Poręcki
The COVID-19 pandemic has caused many widespread changes in the booming Polish residential market. Demand for larger, greener apartments and the need to amend real estate law are only a few of them, said speakers during the discussion panel of Living Investment Forum 2021, Property Forum's annual event in Warsaw. 
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News - Genesis Property: Offices of the future to become all-in-one business hubs
15
Nov
2021

Genesis Property: Offices of the future to become all-in-one business hubs

by Property Forum
Some companies have seen slight increases in the productivity of employees working remotely since the pandemic, which fuelled the idea that most employees can continue to work from anywhere since they can be just as productive as working from the office. But there is a contradiction here: on a global scale, more and more people worked and lived under stressful conditions in the last year and a half. In this context, the big question is if people can be more productive remotely in the long run. Moreover, this situation brings on a very important idea, that offices should become hubs designed for productivity and sustain a much less stressful way of working for employees in the long term. Gavin Bonner, Vice President at Genesis Property explains the topic in an opinion piece for Property Forum.
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News - C&W: EMEA prime logistics yields close to converging on retail
14
Nov
2021

C&W: EMEA prime logistics yields close to converging on retail

by Property Forum
The rampant growth in rents across the logistics sector continues amid a broader recovery in markets as the impacts of the COVID-19 pandemic begin to wane, according to Cushman & Wakefield’s latest DNA of Real Estate research for Q3 2021.
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News - Fortim Trusted Advisors aims for 30% turnover growth in 2022
11
Nov
2021

Fortim Trusted Advisors aims for 30% turnover growth in 2022

by Property Forum
Fortim Trusted Advisors, the property consultancy member in the BNP Paribas Real Estate Alliance in Romania, says it will record a turnover of RON 5 million (around €1 million) this year, while next year’s growth expectations are set at 30% year-on-year.
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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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