On Wednesday the 15th of November (between 8:30 and 14:30) the Belgian Business Chamber (BBC) is organising the annual Real Estate Conference. The Real Estate Conference is an industry event dedicated to the investment market, real estate and construction companies. Property Forum is a Media Partner of the event.

At €3.2 billion for Q1-Q3 2023, CEE investment activity is at a 10+ year low (down 59% year-on-year). The pricing gap between buyers’ and sellers' expectations remains a significant barrier to seeing volumes return to the 5 and 10-year average levels of €10-11 billion. However, real estate fundamentals in CEE remain fairly robust.  Lower levels of vacancy are being recorded and some good levels of rental growth in certain sectors have been noted, reveals Colliers in its latest report.

Investors and bankers are interested in closing deals in the Romanian commercial property sector and we might see more projects with bigger discounts next year, concluded speakers of the transactions panel of SEE Property Forum 2023, held in Bucharest recently.

Slovakia’s economy surpassed expectations in H1 2023 with the automotive industry leading the charge. The industrial sector flourishes with robust take-up and diversified supply and there is also a continuous rise in rents in all submarkets. Resilient take-up but robust new supply caused rising vacancy, stabilized fit-out costs, rising rents and yields. Cushman & Wakefield published its Marketbeat Analysis for Q3 2023. 

Real estate investments continue despite the slowdown of the economy, with offices and industrial mentioned as some of the segments seeing increased demand and higher deal volumes, concluded speakers of the 2024 outlook panel hosted at the SEE Property Forum 2023 conference in Bucharest.

The third quarter of the year has slowed down in terms of investment activity in comparison with the previous quarter. Namely, the most sought-after segments have been office schemes and retail parks. Both domestic and foreign investors have been active, with a slightly higher provision of international capital since the beginning of the year, CBRE SEE reports.

Property Forum is excited to announce the winners of its annual SEE Property Forum Awards for 2023. The winners of each category were selected from our shortlist by the jury committee, comprising the leading players of the Romanian real estate industry. The awards, celebrating the best projects, most impactful transactions and most inspiring personalities of the Romanian market, were presented at our awards gala in Bucharest last night, part of the annual SEE Property Forum conference.

Starting in January 2024, Martin Löcker (47) joins CA Immo as Group Head of Development, taking over responsibility for all development, construction, and engineering activities across the Group, including those of Matthias Schmidt who will leave the company at the end of 2023 and will pursue new professional opportunities.

Most retailers want to attract customers in-store through omnichannel, while e-commerce is not meeting the expectations of food retailers, concluded speakers in the rediscovering retail panel of CEE Property Forum 2023, held in Vienna last month.

In Q3 2023, the Greater Budapest speculative stock increased by 140,730 sqm, adding five buildings to the stock. Five new buildings were also handed over in regional cities adding another 92,610 sqm to the stock there. The vacancy rate at the end of Q3 2023 was 10.0% in Greater Budapest, an increase of 140 basis points quarter-on-quarter and an increase of 510 basis points year-on-year, the Budapest Research Forum (BRF) reports.