What will it take for SEE to attract more foreign capital? Is there enough product available on the market? These are just some of the questions that were asked and answered at SEE Property Forum 2018, a Property Forum and RICS event that attracted over 45 speakers and nearly 300 visitors from 15 countries.

The Central Bank of Hungary (MNB) and the Royal Institution of Chartered Surveyors relaunched the questionnaire-based survey research on Budapest’s commercial real estate market, with the review period of H2 2017. Over the preceding two years the typical rent for commercial properties observed for most property types has increased by more than 15 percent until the end of the second half of 2017. Prime yields for the office market and shopping centres approached the historical minimum observed in 2007 with 10-25 basis points. Most of the survey respondents expect an increase in demand in both the investment and the tenant markets for commercial properties in the next 6 months, however, with regards the development activity, the majority of respondents foresee an unchanged level or a drop in demand for several types of property.

Hungarian entrepreneur Sándor Demján has died at the age of 74 on 26 March, Gránit Pólus, of which he was the Founder and Chairman, announced.

On 29 March 2018, the fourth edition of SEE Property Forum in Bucharest, organized by Property Forum in partnership with the Royal Institution of Chartered Surveyors (RICS) will gather leading real estate professionals and top executives from South Eastern Europe to analyse the potential of the Romanian real estate market from a global perspective. Nearly 50 speakers and more than 250 visitors will come together in the Romanian capital, creating a unique networking opportunity.

Atrium European Real Estate Limited announces its results for 2017. The company is focusing on owning quality assets in well-connected, strong, urban locations in the region's largest and strongest economies. 20 smaller assets were sold during 2017 and early 2018 for €80 million, with the effective exit from Hungary and the Czech portfolio rotation completed.

Student housing is becoming an increasingly attractive investment product in European markets. StudentMarketing, a global market intelligence consultancy, summarised the most important findings of the European Residential & Student Housing Investment Briefing at MIPIM.

Industrial, and specifically logistics, is the most sought-after real estate sector for European investors, overtaking office for the first time, according to CBRE’s annual EMEA Investor Intentions Survey. In 2017 Paris, Madrid, Amsterdam, Frankfurt and London were the five most sought-after destinations in Europe for investors who are actively pursuing alternative opportunities due to aggressive asset pricing and limited availability of core stock. In Hungary steadily improving developer sentiment and potential platform deals could pave the way for rising turnover in the sector.

GTC closed 2017 with a €105 million development profit. The company acquired Belgrade Business Center (17,700 sqm) in September 2017 and the Cascade office building (4,200 sqm) in Bucharest in August 2017 for a total sum of €46 million. GTC presented its 2017 financial results.

Knight Frank has launched The Wealth Report, a study on global wealth. This year’s edition shows that the number of ultra-wealthy people (those with net assets of $50 million or more) rose by 10% in 2017 – taking the global population to 129,730, with a combined worth of $26.4 trillion.

The pace of change in property is undoubtedly getting faster. The way real estate is being built, managed and valued is being digitised which means that sooner or later many of the current job titles will disappear. Property Forum reports from MIPIM where a discussion held on the Colliers International boat provided a deep insight into the future of the property business.