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News Penta Real Estate closes three sales to date in 2020
06
May
2020

Penta Real Estate closes three sales to date in 2020

by Property Forum
Since the start of this year, Penta Real Estate has closed the sale of three office buildings in its portfolio. After selling Rosum in Bratislava, the company completed a transaction in Poland within a single month by selling the office complex D48 and the office building BCT1 in Košice.
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News Atrium gradually reopens retail assets across CEE
06
May
2020

Atrium gradually reopens retail assets across CEE

by Property Forum
Atrium European Real Estate published an update on trading for the three months ended 31 March 2020 and an update on trading in light of the COVID-19 pandemic. A progressive reopening has been launched from 4 May in Poland and is planned from 11 May in the Czech Republic and 3 June Slovakia, although it is too early to say when the company’s assets will return to full operation.
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News Czechs remain the most optimistic as forecasts are downgraded across CEE
05
May
2020

Czechs remain the most optimistic as forecasts are downgraded across CEE

by Ákos Budai
The ongoing COVID-19 outbreak seems to be having a severely negative impact on market sentiment across the CEE region, according to the latest RICS Commercial Property Monitor. Q1 2020 figures show that both rental and capital value expectations have been downgraded across the region with retail expected to see the sharpest decline and industrial proving to be the most resilient asset class.
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News Uncertainty puts focus on ongoing projects in Bulgaria
05
May
2020

Uncertainty puts focus on ongoing projects in Bulgaria

by Property Forum
The coronavirus outbreak continues to affect people and economies deeply. In the latest online panel organized by Property Forum, three real estate professionals discussed the impacts of the coronavirus crisis on the Bulgarian property market.
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News Yield compression eases across Europe due to COVID-19
05
May
2020

Yield compression eases across Europe due to COVID-19

by Property Forum
Rental growth and yield compression eased across Europe’s commercial real estate markets in Q1 2020, according to Cushman & Wakefield’s latest DNA of Real Estate.
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News Build-to-rent could become more attractive after COVID-19
04
May
2020

Build-to-rent could become more attractive after COVID-19

by Property Forum
Property Forum’s latest online panel focused on the effects of COVID-19 on alternative asset classes such as student housing and build-to-rent. European investors, regional experts and local developers discussed how the popularity of alternative assets among investors might change once the crisis is over.
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News How resilient are logistics tenants?
04
May
2020

How resilient are logistics tenants?

by Property Forum
In the fourth instalment of a series of reports about COVID-19 and the implications for logistics real estate, Prologis Research looked at customer resilience amid high economic volatility and concluded that diversity of the company client base is a key factor in insulating the portfolio in turbulent market conditions.
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News Office tenants adopt wait-and-see strategy in Poland
04
May
2020

Office tenants adopt wait-and-see strategy in Poland

by Property Forum
Has the Polish real estate market been hit by the coronavirus pandemic? How will it change over the course of several months? Cushman & Wakefield presented a summary of Q1 2020 on the Polish property market, the impact of the pandemic on each sector and economic forecasts for Poland in its new report.
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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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Latest news


New leases

  • Vastint Romania has attracted Romanian confectionery brand French Revolution as a new tenant in Bucharest-based Timpuri Noi Square. French Revolution Timpuri Noi Square is the 6th store of the company in Bucharest.
  • IPSO Agricultura has leased 2,300 sqm within Speedwell's Spaceplus Chitila warehouse, with a portion of the space dedicated to offices. The transaction was facilitated by Griffes.
  • Transport company ECSI SPEDYCJA has leased 3,330 sqm of warehouse and office space at 7R City Flex Kraków Airport. The tenant was advised by real estate advisory firm Newmark Polska on the choice of location and during lease negotiations.

New appointments

  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.
  • Tomasz Chojnacki, a commercial property expert with nearly 20 years’ experience, has joined international real estate advisory firm Newmark Polska as Regional Director for Southern Poland in its Office Department, with effect from 1 August. His key responsibilities include representing office tenants during relocations and lease renegotiations.

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