News - At the end of the road, there has to be cashflow
14
Jun
2024

At the end of the road, there has to be cashflow

by Michał Poręcki
The panel discussion on the future of financing during the Future of Real Estate 2024 conference has shown that, for now, relations between the banks and the investors are rather cold. The event was held at the beginning of June in Warsaw by Property Forum and RICS.
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News - How is Ukraine’s construction market doing in 2024?
10
Jun
2024

How is Ukraine’s construction market doing in 2024?

by Property Forum
In 2023, the share of imported construction materials in the Ukrainian market rose to 23% (compared to 14% in 2021). Experts note that the domestic construction materials market requires systematic support from the government. Iryna Nastych summarised the current situation in the Ukrainian construction materials market in an article prepared by the Ukrainian Real Estate Club for Property Forum.
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News - ESG: Let's grab the low-hanging fruits first
10
Jun
2024

ESG: Let's grab the low-hanging fruits first

by Michał Poręcki
More action, less talking - this is how one can summarise “The future of decarbonisation - How to build and rebuild for a better future” discussion panel, which was a joint part of the conferences Future of Real Estate 2024 and Poland ESG Forum 2024, held last week in Warsaw. Both events were organised by Property Forum.
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News - Last chance to take part in a unique training opportunity in Warsaw
07
Jun
2024

Last chance to take part in a unique training opportunity in Warsaw

by Property Forum
These are the last few days to register for the LEED for Cities and Communities Pro Training scheduled to be held in Warsaw on Monday, June 10th. The workshops will take place from 8:30 to 17:30 on Monday at the Colliers Poland office where coffee and lunch will be provided. All training material will be provided by the organizers. 
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News - With no energy, there is no data
04
Jun
2024

With no energy, there is no data

by Property Forum
The Warsaw region is currently the largest data centre market in Poland. The capital is home to more than 50 server facilities and a key exchange point for internet traffic in the country. In 2023, Kowalski and his family generated an average of 236 GB of data via fixed Internet connections, while the share per SIM card oscillated at 132 GB of data per year. Most often, searching content is video, social networking, web browsing and gaming. How is the data centre market in Poland shaped, and what are its biggest challenges for the coming years? How crucial remains the further development and modernisation of the Polish energy sector? What direction is its transformation expected to take place, and how much GW of power could it bring? Axi Immo unveiled the second edition of its "Data Centres in Poland" report. 
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News - Bulgaria's construction sector grapples with low EU fund absorption
03
Jun
2024

Bulgaria's construction sector grapples with low EU fund absorption

by Property Forum
Bulgaria is recording a slowdown of EU funds’ absorption, which could limit new investments in infrastructure and the energy efficiency of the building stock, according to research by the Eastern European Construction Forecasting Association (EECFA).
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News - CPI Property Group closes €600 million of disposals YTD
03
Jun
2024

CPI Property Group closes €600 million of disposals YTD

by Property Forum
CPIPG has published unaudited financial results for the three months ending 31 March 2024. Total assets have reached €21.5 billion, and CPIPG’s property portfolio is equal to €19.2 billion (versus €19.5 billion at year-end 2023).
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News - CPIPG reacts to rating downgrade and other recent events
03
Jun
2024

CPIPG reacts to rating downgrade and other recent events

by Property Forum
S&P Global Ratings has downgraded CPIPG’s rating from BBB- to BB+ with a negative outlook. CPIPG has communicated an update for its stakeholders concerning recent events and news.
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News - Good mood among Czech retailers is evident
29
May
2024

Good mood among Czech retailers is evident

by Property Forum
Q1 2024 retail data has revealed that the difficult period of the coronavirus pandemic and the unfavourable economic situation of last year is over in the Czech retail market. In its analysis of the Shopping Center Index, CBRE has looked back at the 2023 performance of regional shopping centres.
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News - Czech logistics market sees growing demand and longer decision time
29
May
2024

Czech logistics market sees growing demand and longer decision time

by Property Forum
Interest in the industrial and logistics space in the Czech Republic has reached a record height, rising 50% in the years 2019 and 2023 comparison. The growth in interest continued in the first four months of this year. Cushman & Wakefield is presenting data based on its record of enquiries.
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Latest news


New leases

  • Ford Polska has extended its lease agreement, until 2031, for nearly 1,200 sqm of office space in Warsaw's Diuna, part of the Syrena Real Estate portfolio. It is one of the first tenants of the Służewiec complex, having operated continuously at this location since February 2008.
  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.

New appointments

  • 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.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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