News - Romania gains momentum with investors
22
Aug
2019

Romania gains momentum with investors

by Property Forum
Over recent years, Romania has become one of Central Eastern Europe’s most attractive regions to start operations in. According to research by JLL, by the end of 2020 the country is expected to become the second largest economy in the CEE and continues to attract investors from all over the world – not only from Europe, but also those from South Africa, the USA and China.
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News - Europe's retail sector is cooling down
14
Aug
2019

Europe's retail sector is cooling down

by Property Forum
According to Cushman & Wakefield’s latest DNA of Real Estate Q2 2019 report, the European logistics sector continues to perform strongly with strong rental growth and investor demand driving down yield by 2bps, whereas yields in the European office and retail sectors remained flat.
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News - Investors to start looking at hotels in Romania
14
Aug
2019

Investors to start looking at hotels in Romania

by Property Forum
The investment volume in H1 2019 amounted to almost €410 million on the Romanian market, a 6% increase compared to the similar period of last year, when the corresponding figure for investment transactions was of €386 million, according to Cushman & Wakefield Echinox calculations and estimates.
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News - Asian capital takes the throne from domestic investors
14
Aug
2019

Asian capital takes the throne from domestic investors

by Property Forum
Flow volume into the CEE-6 commercial real estate markets picked up in Q2 2019, registering a cycle-high €3.3 billion for the quarter. Following on from the weaker Q1, H1 2019 volumes at €5.5 billion were thus just -3% down on H1 2018’s record, according to Colliers International's latest report.
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News - Investors go for Czech and Hungarian assets
01
Aug
2019

Investors go for Czech and Hungarian assets

by Property Forum
Flow volume into the CEE-6 commercial real estate markets picked up in Q2 2019, registering a cycle-high €3.3 billion for the quarter. Following on from the weaker Q1, H1 2019 volumes at €5.5 billion were thus just -3% down on H1 2018’s record, according to Colliers International's data.
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News - Eastern Poland attracts more investors
31
Jul
2019

Eastern Poland attracts more investors

by Property Forum
Eastern Poland continues to attract increasing interest from both Polish and overseas investors. Its cities, including Lublin, Białystok and Suwałki, are gaining favour with logistics and manufacturing firms planning to expand, according to Kamil Żach, Land Specialist, Industrial and Logistics Agency at Cushman & Wakefield.
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News - Local and Korean investors dominate the Czech market
25
Jul
2019

Local and Korean investors dominate the Czech market

by Property Forum
The information on investment transactions in the Czech real estate sector for H1 2019, collected by Cushman & Wakefield, indicates a significant increase in volume. The figure achieved – €1.743 billion – shows that the decrease in 2018 was just a sway and not a real trend. The real estate market is expected to thrive in the latter half as well and its total performance could exceed €3 billion.
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News - C&W announces proptech partnership with Fifth Wall
25
Jul
2019

C&W announces proptech partnership with Fifth Wall

by Property Forum
Cushman & Wakefield announced its strategic partnership with Fifth Wall, a venture capital firm focused on technology solutions for the global real estate industry.
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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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Latest news


New leases

  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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