ARTICLES IN Report TOPIC

02
Mar
2021

Private capital undeterred by COVID-19

by Property Forum
According to Knight Frank’s The Wealth Report 2021 released today, private capital has been undeterred by the COVID-19 pandemic and has continued to invest in commercial real estate around the world. The volume of private capital invested globally was circa $232 billion - 9% above the ten-year average, albeit down on 2019 levels.
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01
Mar
2021

Czech investment volume down only 11% in 2020

by Property Forum
Commercial property investment volume in the Czech Republic amounted to €797 million in H2 2020 with 60% of the H2 transaction volume (i.e. €478 million) being for properties located in Prague, according to Savills research.
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26
Feb
2021

VGP announces 80% increase in net profit

by Property Forum
Logistics developer and investor VGP announced a record net profit of €370.9 million for 2020 which is an 80.4% y-o-y increase. The company announced its financial results for 2020.
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26
Feb
2021

NEPI Rockcastle reports 19% decrease in rental income

by Property Forum
NEPI Rockcastle has published its condensed consolidated financial results for 2020, according to which the retail landlord’s net rental and related income was €323 million last year, 19.4% lower than in 2019.
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25
Feb
2021

CTP purchases 460 hectares of forest near Zlín

by Property Forum
CTP has purchased 460 hectares of forest in Eastern Czechia, raising the total forest the company owns to 560 hectares. The purchase is part of CTP’s strategy to own one sqm of forests for every one sqm of buildings it has, and with this ownership, to restore and protect the forests’ native biodiversity. This purchase brings CTP to the 89% benchmark of this goal.
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25
Feb
2021

Real estate players in Romania look for shorter contractual periods

by Property Forum
Commercial real estate players in Romania will be inclined to conclude contracts for shorter periods than before the pandemic, as almost 80% of owners, developers and investors in this field consider contractual adjustments and flexibility to be the main attributes that will count for tenants and end-users when the health crisis ends, according to Deloitte Romania Commercial Real Estate Survey 2021.
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25
Feb
2021

RICS survey predicts sharp pull-back in retail and office rents

by Ákos Budai
The Q4 2020 results of the RICS Global Commercial Property Monitor continue to point to a challenging backdrop across Europe. Both the office and retail sectors remain under significant pressure, with demand still falling sharply amid the difficult economic climate induced by the pandemic. On a brighter note, supported by structural tailwinds, the industrial sector continues to defy this downbeat overall assessment, prompting respondents to upgrade expectations for rental and capital value growth.
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24
Feb
2021

Proptechs are invited to speak at the Burning Man for Real Estate once again

by Property Forum
Property Forum is excited to announce that we will be participating as a Channel Partner at the second edition Unissu’s upcoming digital event RE:Connect and are now looking for proptechs and real estate professional interested in the future of real estate to join us as conference participants for free.
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19
Feb
2021

Impact announces record revenues for 2020

by Property Forum
Bucharest-listed Impact Developer & Contractor closed the year 2020 with revenues from the sale of real estate properties worth €42.7 million, up 29,4% compared to 2019, representing the best result of the developer in the last decade. In a pandemic year, the company sold a total of 369 units (31,191 sqm built area), out of which 205 were contracted in Greenfield Residence Băneasa and 164 in Luxuria Residence compound.  
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17
Feb
2021

PBSA occupancy rates remain higher than expected across Europe

by Property Forum
The impact of COVID-19 on the purpose-built student accommodation (PBSA) sector has been less severe than expected, proving the resilience of the asset class, as shown in Bonard’s annual report.
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Latest news


New leases

  • Grupa Azoty, a producer of fertilizer and chemical components has extended its lease in the Warsaw Trade Tower. The company occupies 1,160 sqm in the skyscraper, which is owned by Globalworth.
  • 108 Agency Slovakia has mediated the lease of 720 sqm for its client Mercurtrade in Beta – Car Park Pezinok.
  • Kontri Sp. z o.o., an e-commerce company has decided to lease a 2,800 sqm warehouse and office space in a private distribution centre near Białystok in Poland, owned by the Dutch investor Duif Real Estate Sp. z o.o. AXI IMMO was responsible for comprehensive tenant service.

New appointments

  • At the beginning of July, Aleksandra Gawrońska will take up the position of Head of Residential Research at international advisory company JLL. Aleksandra has ten years’ experience in the areas of consulting and complex real estate analysis. Before joining REAS (now part of JLL) in 2018, she worked at Colliers International, where she was responsible for publications, reports and analyses of the office market in Poland.
  • JLL in the Czech Republic announced the appointment of Steffen Walvius as Head of Sustainability Services and ESG. In his new role at JLL, Steffen Walvius will help clients with building on their own sustainability performance. JLL will thus offer this service as the first provider on the Czech real estate market.
  • Gabriella Sasvári has been promoted to Managing Partner of Horizon Development's Board of Directors in Hungary. As Development Director, she also dedicates her time to important property development projects including Promenade Gardens, Szervita Square Building and ParkSide Offices.


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