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News With low construction, what drives Prague's office market?
23
Jan
2024

With low construction, what drives Prague's office market?

by Property Forum
The Prague Research Forum – CBRE, Colliers, Cushman & Wakefield, iO Partners, Knight Frank and Savills – has shared an updated Prague office market insight. Figures and data for Q4 2023 have confirmed a cautious approach both from developers and tenants.
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News Property companies expect higher financing costs in Europe this year
22
Jan
2024

Property companies expect higher financing costs in Europe this year

by Property Forum
Cost of financing and capital availability are some of the core challenges this year for real estate companies in Europe, shows a Deloitte survey.
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News What challenges is the Czech market facing in 2024?
19
Jan
2024

What challenges is the Czech market facing in 2024?

by Property Forum
According to experts from Colliers, the Czech real estate market is facing several challenges this year.
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News Property investments in Romania could hover around €500 million in 2024
18
Jan
2024

Property investments in Romania could hover around €500 million in 2024

by Property Forum
The investments transaction market in Romania totaled around €500 million in 2023, down from a record of more than €1.2 billion in the previous year, in line with lower deal volumes that have been recorded across region and the major international markets, according to a Colliers Romania report.
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News Top Polish construction companies report €20 billion in revenue
17
Jan
2024

Top Polish construction companies report €20 billion in revenue

by Property Forum
Revenue generated by the top 40 construction companies operating in Poland grew in double digits in 2023, in nominal terms, for the third straight year, and it was mostly the effect of the overall substantial growth of construction costs. For these companies to continue to thrive, it is necessary to disburse the EU funding for Poland promptly, including all the funds available under the National Recovery Scheme and the cohesion policy budget for 2021-2027, says Spectis.
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News Bankers remain optimistic despite weak 2023 investment volume
16
Jan
2024

Bankers remain optimistic despite weak 2023 investment volume

by Property Forum
The past year has probably been the weakest since 2009 in terms of the volume of investments in real estate, both in the Czech Republic and throughout Central and Eastern Europe (CEE). This conclusion has resulted from the KPMG Property Lending Barometer survey. It has involved representatives of 48 banks from 10 CEE countries.
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News Property investors look to expand Romanian portfolios
11
Jan
2024

Property investors look to expand Romanian portfolios

by Property Forum
The Romanian property market remains attractive for investments, with 65% of investors surveyed by Cushman & Wakefield Echinox saying they are looking to expand their presence in the local market.
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News Commercial land deals fall in Romania during 2023
11
Jan
2024

Commercial land deals fall in Romania during 2023

by Property Forum
The volume of commercial land sales in Romania excluding the industrial segment fell by less than 10% to €450 million during 2023 compared to the previous year, according to a Colliers report.
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News Investment activity to regain equilibrium in Poland
10
Jan
2024

Investment activity to regain equilibrium in Poland

by Property Forum
Uncertainty and volatility have been the two dominant trends shaping the commercial real estate market and buyer sentiment in recent months. However, according to the latest report from Cushman & Wakefield, the Polish market, whose fundamentals remain strong, is broadly expected to regain equilibrium. Change is being seen in the number and types of real estate transactions taking place – due to the constrained availability of safe prime assets for sale on the office market and high financing costs, investors seeking higher returns are turning their focus to higher-risk transactions. With retail footfall figures for large schemes back at satisfactory levels after the pandemic and attractive asset pricing, the retail market has become an interesting sector for bargain hunting. The warehouse and logistics sector continues to feature prominently on investors’ radars.
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News Charitable foundation builds housing for IDPs in Ukraine
09
Jan
2024

Charitable foundation builds housing for IDPs in Ukraine

by Property Forum
The first project of the charitable foundation Housing For IDPs - the Socialization Centre for IDPs for 19 families - will be opened in the Irpin community at the beginning of the year.
Read more >

Latest news


New leases

  • Skanska announced the expansion of its tenant portfolio in the Equilibrium 2 office building in Bucharest by welcoming ONV LAW. ONV LAW will occupy approximately 640 sqm in Equilibrium 2, with the move-in scheduled for December 2025.
  • EPP's Outlet Park Szczecin, the only outlet centre in Western Pomerania, is strengthening its fashion offerings by signing agreements with three brands previously unavailable in the region. JACK & JONES and Evenemen, with their men's fashion collections, and the premium optician OUTLY, have already opened their stores. eobuwie will also join the tenant roster this fall. VENEZIA, TATUUM, WITTCHEN, and Pako Lorente are also continuing their partnerships with the centre, significantly expanding their stores, while Lee Wrangler and German Optiker are moving to new locations. The new agreements and extensions cover a total area of nearly 1,800 square meters.
  • mFinanse S.A. has extended its current lease at the LIFE_Building in Warsaw and expanded its office space. As of July this year, the mBank Group company will occupy a total of 350 sqm in the building owned by VIG Fund. During the transaction, VIG Fund was represented by JLL, the exclusive leasing agent for LIFE_Building, while Deloitte Legal provided legal advisory services.

New appointments

  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.

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