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News Savills IM prefers long-lease income as economic growth slows
15
Jan
2020

Savills IM prefers long-lease income as economic growth slows

by Property Forum
Savills Investment Management prefers long-lease income streams in 2020 instead of value-add and opportunistic strategies that depend on economic and strong employment prospects. The international real estate investment manager published its market outlook.
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News Offices remain Poland’s favourite investment product
15
Jan
2020

Offices remain Poland’s favourite investment product

by Property Forum
According to JLL estimates, the value of the real estate investment transactions in Poland was a record-breaking €7.4 billion. This is a better result than 2018 (over €7.2 billion. The last 12 months were the best ever for the office segment, where the sales and acquisitions were worth more than €3.8 billion – over a billion euros more than the previous year.
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News Poland’s institutional rental sector attracts more interest
04
Jan
2020

Poland’s institutional rental sector attracts more interest

by Property Forum
In 2019, the Polish housing market experienced an acceleration and increase of projects in the rental and private student housing sectors. Poland is still on the radar of large foreign investors and some of them have been able to conclude spectacular deals. Although potential institutional buyers still aren’t able to purchase turn-key portfolios on an expected scale, and entering the market mostly means building new stock, the institutional rental sector is drawing more and more interest and will undoubtedly become a desired category of safe assets in 2020.
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News Demand outpaces supply on Warsaw’s office market
20
Dec
2019

Demand outpaces supply on Warsaw’s office market

by Property Forum
According to JLL data, office take-up in Warsaw grew by 270,000 sqm year-on-year in Q3 2019. At the same time, 185,000 sqm of space was delivered to the market during recent months. This means that the need for additional space exceeded new supply by as much as 85,000 sqm. This impressive performance has further fueled developer activity. 790,000 sqm of space is under construction, with a significant proportion of this total already being leased.
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News Developers prepare new projects in Bucharest with major land acquisitions
20
Dec
2019

Developers prepare new projects in Bucharest with major land acquisitions

by Property Forum
Major real estate developers continued to be active in Bucharest throughout 2019, providing the land needed for new projects consisting of over 6,000 apartments and 130,000 square meters of offices. Overall, in 2019, 24 major transactions were made in Bucharest with land intended for the development of residential, office or mixed projects, some of them having the potential to include a hotel component, according to Cushman & Wakefield Echinox.
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News Romanian regional cities attract more attention
19
Dec
2019

Romanian regional cities attract more attention

by Property Forum
This year has been a good year for the Romanian real estate market. The latest and last report of the year from Colliers International shows that the market has evolved better than expected in many segments.
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News Property Forum partners with Unissu to launch Connect – a TED Talk equivalent for the global property industry
18
Dec
2019

Property Forum partners with Unissu to launch Connect – a TED Talk equivalent for the global property industry

by Property Forum
Property Forum is pleased to announce it is partnering with Unissu, the world’s PropTech marketplace, to launch Connect, the global real estate equivalent of TED Talks. Budapest will be one of the 15 cities globally where hand-picked speakers will record their speeches for a global audience.
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News Construction companies in Poland post record revenues
18
Dec
2019

Construction companies in Poland post record revenues

by Property Forum
The top 40 construction companies operating in Poland posted a record aggregate revenue in 2018, breaking the previous revenue high set in 2011. Besides an improved volume of work, the revenue hike was also largely driven by rising prices of building materials and labour.
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News Prague’s office market slows down but there’s room for further growth
17
Dec
2019

Prague’s office market slows down but there’s room for further growth

by Property Forum
In Q3 2019, the total office stock in Prague reached 3.59 million sqm, according to Colliers International. Completions include two new and one refurbished property: Dock In Three in Prague 8 (16,000 sqm), Argentinská Office Building in Prague 7 (5,800 sqm) and the refurbished Life Building C in Prague 4 (11,100 sqm).
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News How can urban districts become economically sustainable?
16
Dec
2019

How can urban districts become economically sustainable?

by Property Forum
By 2050, 70% of the world’s total population of 9 billion people will live in cities. Today’s buildings usage account for 35% of our total energy consumption, raising the question: how can an urban district become economically sustainable? The experts of Hungarian architecture firm Paulinyi & Partners have collected the four most important trends of urban design supporting sustainability in 2020.  
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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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