31
Mar
2020
Mar
2020
Prologis: Logistics real estate in Europe is to experience a softening in activity
In the third instalment of a series of articles on COVID-19 and its implications for logistics real estate, Prologis identifies concrete learnings from its operations in China and its proprietary data globally.
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31
Mar
2020
Mar
2020
Savills: Czech real estate assets still offer superior returns
The COVID-19 pandemic is hitting the global economy hard, with all real estate sectors in the Czech Republic affected to varying degrees. But in the subsequent low interest rate environment, Czech real estate as an asset class should continue to offer superior returns, according to the latest research from Savills.
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27
Mar
2020
Mar
2020
C&W: Retail and hospitality hit hardest by COVID-19
Cushman & Wakefield summarised the latest progress and impacts the Czech Republic’s real estate sector is facing due to the coronavirus outbreak.
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26
Mar
2020
Mar
2020
Globalworth further improves its liquidity
Globalworth released its annual financial reports for 2019 and issued a COVID-19 statement. Since the beginning of the year, Globalworth has further improved its liquidity, which is currently close to €600 million of available cash.
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26
Mar
2020
Mar
2020
Colliers: CEE logistics are going ballistic
Colliers International in CEE intends to update some of the more rapidly changing data and market sentiment on a weekly basis and then to provide Q1 market sector updates as they become available or as they develop. Below is this week’s summary.
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26
Mar
2020
Mar
2020
CPIPG reassures investors on financial stability
CPI Property Group has prepared an update for its stakeholders regarding the Group’s response to the challenges posed by the COVID-19 outbreak.
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26
Mar
2020
Mar
2020
Savills IM expects ‘green’ leases to be universal by 2026
Institutional investors expect that so-called ‘green’ lease clauses will be universally implemented in the real estate industry before the end of this decade, according to a new research by Savills Investment Management.
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26
Mar
2020
Mar
2020
CA Immo achieves record result in 2019
CA Immo presented its financial results for 2019 with a significant increase in recurring earnings (+13%) and rental income (+15%). The company expects challenging conditions on CA Immo's core markets due to COVID-19.
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26
Mar
2020
Mar
2020
MIPIM in Cannes cancelled for 2020
MIPIM announced that its 2020 edition, previously scheduled to take place June 2-5 in Cannes, is transforming into a two-day, Paris-based gathering in September and an online platform, MIPIM Connect, available year-round. The next edition of MIPIM in Cannes will take place March 16-19, 2021.
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25
Mar
2020
Mar
2020
Can you close an investment deal in lockdown? – Find out from our free online panel
Property Forum’s first virtual event will bring together influential investors, bankers and advisors to analyse the potential short- and long-term impacts of the coronavirus crisis on property investments in the CEE region.
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Latest news
- Skanska advances with second phase of H2Offices complex in Budapest
- Hubix invests in Timișoara mixed-use project
- Czech retail parks hit 15-year expansion high as locals shop closer
- Panattoni sells automated e-grocery hub near Warsaw for €30 million
- Check who’s shaping Czechia’s real estate market in 2026
- iO Partners launches workplace strategy platform
- Ares acquires Polish logistics portfolio from Savills IM
- LemonTree starts second phase of Lablogic Warsaw project
- Kingstone RE partners with Iroko for Polish expansion
- pbb provides €36m loan to AYA Properties Fund for Warsaw office deal
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.
