News - Czech Republic ranks among top nearshoring locations
05
Sep
2024

Czech Republic ranks among top nearshoring locations

by Property Forum
According to the 2024 Savills Nearshoring Index study, the Czech Republic is the second most attractive location for industrial occupiers looking for ‘nearshore’ supply chains. 
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News - EU sustainable finance updates promise opportunity for real estate investors
03
Sep
2024

EU sustainable finance updates promise opportunity for real estate investors

by Property Forum
The European Commission’s pending updates to the Sustainable Finance Disclosure Regulation (SFDR) promise potential opportunities for EU real estate investors. As the Commission considers the SFDR revisions, anticipated for an early 2025 release, investment firms should prepare for greater transparency and closer oversight of their portfolios. Strategic policy and research consultant Lisa Chase (Lucky Fish Research and Communications) has summarised the policy framework for Property Forum.
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News - CPIPG closes H1 with increased gross rental income
02
Sep
2024

CPIPG closes H1 with increased gross rental income

by Property Forum
CPIPG has published unaudited financial results for the six months ended 30 June 2024. Further reducing leverage and complexity remains the Group's key priority, as David Greenbaum, CEO at CPIPG explained.
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News - CPIPG completes independent review of short seller allegations
02
Sep
2024

CPIPG completes independent review of short seller allegations

by Property Forum
CPIPG has prepared an update for our stakeholders regarding the completion of the independent review of allegations raised by short seller Muddy Waters. Global law firm White & Case has concluded its independent compliance review of the allegations raised by short seller Muddy Waters since November 2023, along with an assessment of our governance practices. 
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News - VGP reports record profit in H1 2024
02
Sep
2024

VGP reports record profit in H1 2024

by Property Forum
VGP NV has announced results for the first half of 2024. Compared to the first half of 2023, profit before tax has increased by 218%. The company has also concluded a record volume of new rental contracts.
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News - Transaction activity in Czech Republic brings good news
30
Aug
2024

Transaction activity in Czech Republic brings good news

by Property Forum
The gap between offer and final prices is narrowing in the Czech Republic and is helping transaction activity for the rest of 2024, according to the regular quarterly office market survey published by Colliers. 
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News - Construction activity in Hungary declines in H1 2024
29
Aug
2024

Construction activity in Hungary declines in H1 2024

by Property Forum
Construction works in Hungary started during H1 2024 fell by 11% compared to the same period of last year, according to the latest EBI Construction Activity Report prepared by Eltinga, Buildecon and iBuild. 
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News - Immofinanz sees profit surge in H1 2024
29
Aug
2024

Immofinanz sees profit surge in H1 2024

by Property Forum
Immofinanz Group, majority owned by CPI Property Group, recorded a rental income growth of 13% during H1 2024 to €292.5 million compared to the same period of last year and recorded a strong profit, according to a financial report.
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News - Demand and rents grow in Prague's office market
28
Aug
2024

Demand and rents grow in Prague's office market

by Property Forum
Prague's office market has grown by 4 new buildings in Q2 2024, offering nearly 44,000 sqm of modern class A office space, reports Colliers in its regular quarterly office property market survey. A large part of these properties has found tenants before completion.
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News - Heavily polluted environments reduce cognitive abilities by half
27
Aug
2024

Heavily polluted environments reduce cognitive abilities by half

by Property Forum
Sick building syndrome (SBS) is becoming a growing problem affecting millions of buildings worldwide. In Great Britain and New Zealand, up to 80% of employees have shown symptoms of SBS leading to increased sickness and reduced productivity.
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Latest news


New leases

  • Galeria Askana in Gorzów Wielkopolski has significantly bolstered its retail mix by signing a lease agreement with HalfPrice for a unit exceeding 2,000 sqm. The off-price retailer, part of Grupa Modivo, is scheduled to open its doors at the end of August 2026. The project features a large-format layout with the potential to expand the footprint to nearly 2,700 sqm.
  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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