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News Czech warehouse rents hit ceiling
31
Jul
2024

Czech warehouse rents hit ceiling

by Property Forum
Warehouse rent levels in the Czech Republic have doubled over the past five years. Now they have reached the peak. According to experts from Colliers, price corrections are a topic for discussion.
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News Brno resi prices break record in Q2 2024
30
Jul
2024

Brno resi prices break record in Q2 2024

by Property Forum
The average offer price of new residential projects in Brno has exceeded CZK 129,400 per sqm (€5,093) and Q2 2024 has broken the previous record from 2022. Demand has also grown sharply, as data by Trikaya shows.
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News Fresh Prague resi data shows growing appetite
29
Jul
2024

Fresh Prague resi data shows growing appetite

by Property Forum
According to the monitored data and analysis of the real estate market by BuiltMind, the demand for new apartments in Prague has continued to grow in Q2 2024. Compared to Q2 2023, there is an increase of more than 67%.
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News RICS: Global sentiment on commercial real estate remains cautious
25
Jul
2024

RICS: Global sentiment on commercial real estate remains cautious

by Property Forum
The headline RICS Commercial Property Sentiment Index (CPSI) holds steady in the latest survey for Q2 2024, while the outlook for secondary offices and retail remains particularly negative in many markets.
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News Slovakia's Alto Group reveals 2023 financial results
24
Jul
2024

Slovakia's Alto Group reveals 2023 financial results

by Property Forum
Despite an increasing vacancy rate in the office market reaching 14.2 per cent and sale stagnation in the residential segment in 2023, the Alto Group has now announced a net consolidated profit after tax of €8.5 million. 
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News New trends affect Czech industrial and logistics market
18
Jul
2024

New trends affect Czech industrial and logistics market

by Property Forum
The Czech industrial RE market has experienced a record growth of interest in renting new premises, especially from companies linked to e-commerce triggering extensive speculative construction. Although the market situation is stable and positively influenced by the gradual reduction of construction costs in combination with yield stabilisation, recently the vacancy rate has slightly increased and two new phenomena have emerged on the market.
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News Bratislava resi market shows growing appetite in Q2 2024
18
Jul
2024

Bratislava resi market shows growing appetite in Q2 2024

by Property Forum
According to data from BuiltMind, demand for new housing in Bratislava is growing. Q2 2024 Bratislava residential market report has shown an appetite for new residential units in Slovak capital.
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News AI leads real estate and construction trends in 2024
17
Jul
2024

AI leads real estate and construction trends in 2024

by Property Forum
Drees & Sommer has released its Innovation Scouting Report 2024 this week. This year, in terms of technology trends and relevance, Trend Radar1 has placed AI first with 23.4%, big data analytics second with 15.3%, and Internet of Things (IoT) third with 11.9%, followed closely by cloud computing and digital twin.
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News Luxembourg court issues final verdict about Orco takeover
15
Jul
2024

Luxembourg court issues final verdict about Orco takeover

by Property Forum
A Luxembourg court has definitively confirmed the conclusions of the Luxembourg Commission for the Supervision of the Financial Market. As per the verdict, Radovan Vítek's companies had been engaged in manipulation during the takeover of developer Orco, Seznamzpravy.cz reports.
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News Lenders in Europe are open for business
10
Jul
2024

Lenders in Europe are open for business

by Property Forum
The debt markets in Europe remain resilient. An extensive survey by CBRE among 130 companies shows that the lending environment is on a solid footing for when investment activity starts to pick up in the second half of 2024. Nearly two-thirds of respondents expect a recovery compared to last year with refinancing being the main source of demand. Industrial and multifamily are the preferred sectors for lending, with student accommodation and hotels seeing the strongest increase in demand.
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Latest news


New leases

  • Smurfit Westrock, a company active in the packaging industry, has decided to extend its lease agreement and expand its office space at Quattro Business Park in Kraków. The company now occupies 1,713 sqm on the first and second floors of Building D.
  • Igepa Polska, a distributor of paper, printing machines and media, has decided to renegotiate the terms and conditions of its lease for 3,700 sqm of warehouse space in Panattoni Park Poznań IX (western Poland). The transaction was facilitated on behalf of the tenant by Newmark Polska.
  • AND2 office building, the tallest building in Poznań (western Poland), is gaining a new tenant. BeIN Offices will offer ca 3,300 sqm of coworking space with a view of the city skyline.

New appointments

  • At the beginning of February, Michał Chodecki became the head of the Warehouse & Logistics department of Savills Poland. The new director is responsible for the strategy and direction-setting of this business line and building relationships with key clients.
  • CTP has appointed Andrei Marian, who brings nearly nine years of experience in real estate development and consultancy firms, as its new Regional Business Development Director in Romania.
  • Maciej Müldner has been appointed as the new Chief Financial Officer (CFO) of MLP Group. An experienced executive, he has spent nearly 20 years contributing to the development of the Skanska Group in Central Europe.

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