News - Czech industrial market real vacancy to exceed 6%
18
Feb
2025

Czech industrial market real vacancy to exceed 6%

by Property Forum
The fourth quarter of 2024 has not brought a significant change to the Czech industrial and logistics real estate market. While demand has returned to almost pre-Q1 volumes, the amount of new project completions has remained low, according to the regular quarterly survey conducted by Colliers. 
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News - Average real estate deal now takes a year to complete
17
Feb
2025

Average real estate deal now takes a year to complete

by Property Forum
Property transactions are taking longer and longer, according to a report released by data provider Drooms. Among the key trends expected to drive the European commercial real estate market in 2025, the report also highlights the increasing significance of ESG criteria and the ongoing internationalization of the industry.
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News - These two CEE cities struggle with lack of quality office supply
13
Feb
2025

These two CEE cities struggle with lack of quality office supply

by Property Forum
Companies in regional cities in the Czech Republic have been facing an increasing challenge in finding quality office space, reports the Regional Research Forum. H2 2024 data for Brno and Ostrava shows that a shortage of office space is thus creating pressure on the market and tenants.
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News - Investika portfolio goes green
12
Feb
2025

Investika portfolio goes green

by Property Forum
As of January 2025, ten modern commercial properties of the Czech real estate fund's Investika portfolio have completed the BREEAM international environmental certification. 
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News - Czech retail park segment continues to grow
12
Feb
2025

Czech retail park segment continues to grow

by Property Forum
In 2024, nearly 80,000 sqm of new, modernised, or expanded retail parks were completed in the Czech Republic, now totalling 1.3 million sqm of retail space, almost a third of the total retail space capacity on the market, reports Cushman & Wakefield.
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News - Majority of real estate companies experience cyber attacks
12
Feb
2025

Majority of real estate companies experience cyber attacks

by Property Forum
In recent years, the construction industry has become increasingly digitised and project management has become more efficient. But this progress has come hand in hand with cyber security challenges, where sensitive information such as contracts, financial data or project proposals are at risk of attack, warn specialists from PlanRadar.
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News - Nhood Romania records 10% turnover growth in 2024
12
Feb
2025

Nhood Romania records 10% turnover growth in 2024

by Property Forum
Nhood Romania has recorded a turnover of more than €10 million in 2024, representing a 10% increase compared to the previous year.
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News - Atalian Romania turnover up over 25% in 2024
11
Feb
2025

Atalian Romania turnover up over 25% in 2024

by Property Forum
Facility management company Atalian Romania has announced a 26.5% increase in turnover compared to 2023, reaching €29.5 million, while its net profit amounted to €1 million.
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News - Dresden gigafactory to drive demand for Czech industrial space
11
Feb
2025

Dresden gigafactory to drive demand for Czech industrial space

by Property Forum
According to the Savills European Industrial and Logistics Occupier Markets report, the industrial real estate market is expected to experience a breakthrough year, potentially leading to a significant market recovery. Stabilisation of demand and gradual absorption of speculative warehouse developments completed in the past year is expected in the Czech Republic.
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News - Hungarian gov't backs out of "Maxi Dubai" project in Budapest
06
Feb
2025

Hungarian gov't backs out of "Maxi Dubai" project in Budapest

by Property Forum
The Hungarian government has recognised that Budapest’s municipally owned company exercised its pre-emption right over the Rákosrendező plot. Therefore, the megaproject by UAE-based Eagle Hills Group, dubbed "Maxi Dubai" in the local media, is effectively cancelled.
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Latest news


New leases

  • Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.
  • Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
  • 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.

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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