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. 

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.

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.

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.

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.

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. 

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.

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. 

The Ukrainian retail market is showing resilience despite objective negative factors (unstable consumer demand, declining purchasing power) and is gradually approaching 2021 levels. In the first half of 2024, the market saw both negative and positive trends. Among the first, CBRE Ukraine analysts mention a drop in the consumer confidence index. According to a study by Info Sapiens, as of the end of June 2024, this indicator in Ukraine decreased by 8 points, reaching 64.5. Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum.

The real estate market is strongly connected to the evolution of the economy at the local, regional, and global levels, so the challenges of recent years – increasing construction costs, changing preferences of consumers and availability of financing – have significantly impacted medium and long-term development strategies, write Alexandra Smedoiu and Marius Vasilescu, Partners at Deloitte Romania for Property Forum.