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News Czech Republic to run out of basic building materials
26
Aug
2024

Czech Republic to run out of basic building materials

by Property Forum
The Czech Republic has been risking losing its self-sufficiency in producing stone and sand, according to the Euroconstruct report. These essential materials are becoming scarce because closed deposits are not replaced with newly opened ones. Obtaining permits for new ones is extremely complicated and none have been created for long.
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News IWG names Budapest world’s best “workcation” city in 2024
22
Aug
2024

IWG names Budapest world’s best “workcation” city in 2024

by Property Forum
Budapest has been named the best ‘workcation’ city in the world, beating competition from the likes of New York, Berlin and Singapore, according to IWG’s second Work from Anywhere Barometer.
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News Poland records highest warehouse take-up in Europe
22
Aug
2024

Poland records highest warehouse take-up in Europe

by Property Forum
According to Cushman & Wakefield, the Polish industrial market saw a marked upturn in occupier activity in the second quarter of 2024, reporting the highest leasing volume in Europe. In addition, Poland’s total industrial stock is poised to soon surpass the 35 million sqm mark. 
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News SEE Property Forum Awards 2024 – All your questions answered
22
Aug
2024

SEE Property Forum Awards 2024 – All your questions answered

by Property Forum
Property Forum’s annual SEE Property Forum Award Ceremony will take place during SEE Property Forum on 22 October 2024. The list of award categories is already available and nominations are now open until September 16th. Property Forum’s Country Manager for Romania Fulvia Meirosu and CEO Csanád Csürös answered all potential questions related to the nomination process and explained how the winners will be selected.
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News Retail and resi developers drive land deals in Romania during H1 2024
22
Aug
2024

Retail and resi developers drive land deals in Romania during H1 2024

by Property Forum
The retail and residential players have been the most active buyers of land during H1 2024, while speculative transactions are also gaining ground, according to Colliers Romania research.
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News Bratislava sees fewer vacant office space while rents grow
21
Aug
2024

Bratislava sees fewer vacant office space while rents grow

by Property Forum
In the second quarter of 2024, the total office space in Bratislava has reached almost 2.1 million sqm, while the share of vacant offices has decreased, according to the quarterly report of CBRE.
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News Premium rent of industrial space jumps by 10% in Slovakia
20
Aug
2024

Premium rent of industrial space jumps by 10% in Slovakia

by Property Forum
The total rental activity of industrial and logistics real estate in Slovakia has reached 180,000 sqm in Q2 2024, a 92% increase compared to Q1. The automotive sector has carved out almost a third of all leased space. This data has followed from the quarterly CBRE report.
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News Slovak retail yields remain stable
19
Aug
2024

Slovak retail yields remain stable

by Property Forum
Year-on-year inflation in Slovakia has been around 2% since March, a CBRE report on retail figures has revealed. Year-on-year prices have been higher in 11 out of 12 expenditure groups of households. 
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News Czech industrial market rebounds
16
Aug
2024

Czech industrial market rebounds

by Property Forum
In recent months, the Czech industrial property market has recovered from a significant drop. Realised demand has shown a marked increase in the Q2 2024 period, according to a market report published by Colliers.
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News Corwin reveals data on thermal inspection
14
Aug
2024

Corwin reveals data on thermal inspection

by Property Forum
The surface of an asphalt parking lot has heated up to an average temperature of almost 52°C during a hot summer day. The green area with vegetation in its immediate vicinity has been at the same time up to 22°C cooler. The Slovak developer Corwin has brought this data resulting from a thermal imaging inspection by Terradron. 
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Latest news


New leases

  • Full Season, part of Media Broadcast Satellite (MBS), a leading provider of services in media, opened its first Bucharest office in BOC, owned by Globalworth, in a transaction brokered by Griffes.
  • Elmet Group Metal & Electric, a metal and electric components specialist, will lease 4,565 sqm of space for production and storage activities within ELI Park 5 Bucharest. The project is being developed by ELI Parks in partnership with Eren Cons.
  • P&G Romania will relocate its HQ to a space of approximately 7,000 sqm in YUNITY Park business campus, developed by Genesis Property. The lease contract will run for 10 years.

New appointments

  • CBRE Hungary has named Anna Zhang as Business Development Manager, while Antoine Fromental takes on the role of Hotel Investment Analyst. Zhang is tasked with developing partnerships with Far Eastern clients and strengthening business relations in CEE markets. She previously served on the PwC Hungary China Desk team. Fromental joins the firm after roles at B&B Hotels and Cushman & Wakefield, where he contributed to various European hotel development, valuation, and market research projects.
  • Garbe has named Zuzana Štěpánková as Business Development Manager in the Czech Republic. She has previously worked at iO Partners as Senior Consultant.
  • Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.

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