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News COVID-19 to accelerate change in global supply chains
04
May
2020

COVID-19 to accelerate change in global supply chains

by Property Forum
The COVID-19 crisis is expected to accelerate change in global supply chains, manufacturing and online retailing that could benefit the European property market, says Colliers International in its latest “Trends Emerging and Accelerated by the Covid-19 Pandemic” report.
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News Romania’s annual investment volume to be half of previously expected
04
May
2020

Romania’s annual investment volume to be half of previously expected

by Property Forum
The immediate impact of COVID-19 pandemic in the real estate market will be felt during the second quarter of the year while on the medium and long term the focus will be on health and safety measures as well as on technology, these are the main takeaways from the Romania Call Flash, organized by CBRE Romania.
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News What’s next for the Bulgarian market? – Free online panel
30
Apr
2020

What’s next for the Bulgarian market? – Free online panel

by Property Forum
Property Forum’s series of virtual events, organised in partnership with the RICS, continues with a free online panel discussion providing a market update for Bulgaria. Attendance is free but registration is mandatory.
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News Has COVID-19 affected construction sites in SEE?
30
Apr
2020

Has COVID-19 affected construction sites in SEE?

by Property Forum
The construction industry seems to have been relatively less affected than some other industries (like tourism) as most large projects continue during the lockdown measures across the region. The Eastern European Construction Forecasting Association has published a COVID-19 update on the construction sectors of Bulgaria, Croatia and Slovenia.
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News Investors find it difficult to close deals amid lockdowns
29
Apr
2020

Investors find it difficult to close deals amid lockdowns

by Property Forum
Is the lockdown completely rewriting CEE's risk map? How does COVID-19 affect real estate financing? How can I close an ongoing transaction without travelling? These and similar questions were discussed by the experts at Property Forum’s latest online investment panel.
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News Is it time to look for alternative investment opportunities?
28
Apr
2020

Is it time to look for alternative investment opportunities?

by Property Forum
Property Forum’s series of virtual events, organised in partnership with the RICS, continues with an online panel discussion focused on residential asset classes such as student housing and build-to-rent. Our diverse group of panellists will answer all the burning questions that may arise in this unprecedented situation.
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News How can COVID-19 impact the flex office market?
28
Apr
2020

How can COVID-19 impact the flex office market?

by Property Forum
The coronavirus pandemic will transform the office property market, significantly driving demand for flex workspace solutions. In the next 12-18 months, flex formats will increase to approximately 30% of total modern office spaces in Central and Eastern Europe from 3-5% before the crisis. The winners will be landlords and operators who focus on flex office hubs which offer clients not only flex and flex & core formats but an integrated work/life service concept, according to a new report by flex space operator New Work.
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News Are the lockdowns completely rewriting CEE's risk map?
27
Apr
2020

Are the lockdowns completely rewriting CEE's risk map?

by Property Forum
Property Forum’s next virtual event will aim to provide a property investment outlook for 2020 and beyond. Two presentations and a panel with influential investors, bankers and advisors will answer questions related to immediate and long-term effects of the coronavirus lockdown on the property investment market.
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News Savills: COVID-19’s impact on global markets less negative now
27
Apr
2020

Savills: COVID-19’s impact on global markets less negative now

by Property Forum
In its latest global sentiment survey among its researchers around the world of the impact of Covid-19, Savills says that the outlook has improved slightly, with 19% of countries reporting a severe negative impact on their real estate markets due to the pandemic – an improvement compared to 29% in its previous survey conducted on 31st March - and 74% describing a moderate negative impact (opposed to 67% at end of March).
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News CPI Property Group collects 84% of rent in March
27
Apr
2020

CPI Property Group collects 84% of rent in March

by Property Forum
CPI Property Group has prepared an update regarding the Group’s performance following the outbreak of COVID-19.
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Latest news


New leases

  • Buchareast-based office project Floreasca Park has reached over 80% occupancy, following over 4,400 sqm of recent leasing activity. Leroy Merlin has leased 3,900 sqm, while IGEL Technology is occupying 515 sqm.
  • Henkel Romania has sold a 1,800 sqm property in central Bucharest, which served as its HQ, to a high-end residential developer. The deal was brokered by iO Partners.
  • The family shopping centre M1 Kraków, managed by EPP, is strengthening its gastronomic, service and sports offer. The group of new tenants includes Sports Direct, which is making its debut in the capital of Małopolska, as well as the oriental restaurant Asia Mama and the pet shop Maxi Zoo. In recent months, Cukiernia Sowa has also opened its doors to customers. MediaMarkt, McDonald's, HalfPrice and 4F, which presented an enlarged salon in the new BLACK concept, have decided to continue their cooperation with the Kraków facility and modernise their premises. All signed contracts cover over 6,000 sqm of space.

New appointments

  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.
  • Tomáš Fabian has taken on the responsibility of leading the Czech commercial development team at Skanska as Executive Vice President Operations Czech Republic, while still keeping the current responsibilities as Executive Vice President Legal Counsel (CEE).

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