News - Bucharest office workers spend too much time commuting
10
Jul
2019

Bucharest office workers spend too much time commuting

by Property Forum
Employees working in modern offices in Bucharest spend an average of 46 minutes between home and work, while 52% of them consider the commuting time to be long or too long, according to the first edition of the Working Habits and Commuting Patterns study, realised by Cushman & Wakefield Echinox.
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News - CTP releases financial results for 2018
03
Jul
2019

CTP releases financial results for 2018

by Property Forum
In 2018, CTP achieved gross rental income of nearly €274 million, a 16% year-on-year increase. During the year CTP grew its CEE portfolio by over 13%, reaching the milestone of 5 million sqm under management. Total asset value increased year-on-year by over 10% to €4.8 billion. The company’s LTV ratio decreased slightly to 48%.
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News - €100 billion to be spent on large-scale Polish projects
03
Jul
2019

€100 billion to be spent on large-scale Polish projects

by Property Forum
Despite the fact that the Polish construction market is projected to grow at a slower pace in the coming years, investment potential remains considerable for most of the regions. The total value of the 960 largest investment projects underway or planned in Poland is estimated at a staggering PLN 420 billion (€100 billion), i.e. nearly twice as much as the annual value of the construction market as a whole, according to the findings of the latest report from research company Spectis, “Construction market in Poland 2019-2025 – an analysis of 16 regions”.
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News - Inflow of Asian capital to CEE continues
03
Jul
2019

Inflow of Asian capital to CEE continues

by Property Forum
Following several successful transactions in Prague (Waltrovka, Rustonka, Main Point Pankrác), the sale of Bratislava’s Twin City Tower marks another major Central European deal involving a Korean investor. Cushman & Wakefield, which over the course of the past few months has helped bring a total of €600 million of Korean capital to the region, summarised the phenomenon.
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News - What do office workers eat in Warsaw?
03
Jul
2019

What do office workers eat in Warsaw?

by Property Forum
Experts from Colliers International have analysed how the group of over half million Warsaw’s employees, who spend half of their day at work, deals with food. The report ‘Eating in office buildings’ provides the analysis of eating habits in Warsaw office buildings and presents trends for today and tomorrow. 
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News - Real estate consultancy firms reach €50 million turnover in Romania
27
Jun
2019

Real estate consultancy firms reach €50 million turnover in Romania

by Property Forum
The cumulative turnover of the most important players on the Romanian real estate consultancy market has almost reached the €50 million mark in Romania, wall-street.ro writes.
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News - Over €1 billion invested in Czech property in Q1 2019
05
Jun
2019

Over €1 billion invested in Czech property in Q1 2019

by Property Forum
Two large transactions in excess of €200 million that closed in Q1 and pipeline transactions of at least €1.5 billion point to the overall investment volume for 2019 exceeding the figures achieved in 2018 in 2019, according to the latest research from Colliers International.  
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News - Low yields are here to stay. Will they get even lower?
04
Jun
2019

Low yields are here to stay. Will they get even lower?

by Ákos Budai
Panellists of the CEE investment roundtable of Prague Property Forum 2019, led by Mike Atwell, Head of Capital Markets Czech Republic and Lead Director CEE at JLL discussed the key trends shaping the regional investment market. They agreed that the low interest rate environment is probably here to say but it's very difficult to say for how long.
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News - How to build people-friendly and cost-effective cities
30
May
2019

How to build people-friendly and cost-effective cities

by Property Forum
Urban space in the twentieth century belonged to cars. In the 21st century, it has been reclaimed by people – this is how current urban trends can be summarised. Inward development, the narrowing of streets to expand space for pedestrians, the building of a dense network of cycle lanes and strengthening the role of public transport are some of the measures taken in modern cities to improve the lives of residents. Colliers International, in cooperation with ULI, published an expert article on current urban trends
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News - Romania ranks attractive for manufacturing
30
May
2019

Romania ranks attractive for manufacturing

by Property Forum
Romania is the fifth most attractive manufacturing market in Europe and was ranked 12th globally, according to the Manufacturing Risk Index 2019 study, conducted by the Cushman & Wakefield.
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Latest news


New leases

  • Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
  • Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.
  • Local courier company Sameday is occupying a new 5,000 sqm last-mile logistics facility in Constanța Olympian Parks, part of Helios Phoenix Group. During the 2025 Black Friday campaign, Sameday's new regional hub in Constanța processed over 400,000 parcels.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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