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News Hungary’s construction sector closes modest third quarter
16
Nov
2021

Hungary’s construction sector closes modest third quarter

by Property Forum
After a significant expansion in Q2 2021, the value of started construction works in the Hungarian construction industry marked a major drop between July and September. Yet overall, the Activity Start indicator remained high for Q3 2021 due to the exceptionally good second quarter, according to the EBI Construction Activity Report.
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News GTC continues transition to unsecured debt
16
Nov
2021

GTC continues transition to unsecured debt

by Property Forum
The results after the first three quarters of 2021 are showing an upward trend with all the main parameters above the comparable for 2020. GTC published its Q1-Q3 2021 results.
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News COVID-19 fuels changes on the residential market
15
Nov
2021

COVID-19 fuels changes on the residential market

by Michał Poręcki
The COVID-19 pandemic has caused many widespread changes in the booming Polish residential market. Demand for larger, greener apartments and the need to amend real estate law are only a few of them, said speakers during the discussion panel of Living Investment Forum 2021, Property Forum's annual event in Warsaw. 
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News Genesis Property: Offices of the future to become all-in-one business hubs
15
Nov
2021

Genesis Property: Offices of the future to become all-in-one business hubs

by Property Forum
Some companies have seen slight increases in the productivity of employees working remotely since the pandemic, which fuelled the idea that most employees can continue to work from anywhere since they can be just as productive as working from the office. But there is a contradiction here: on a global scale, more and more people worked and lived under stressful conditions in the last year and a half. In this context, the big question is if people can be more productive remotely in the long run. Moreover, this situation brings on a very important idea, that offices should become hubs designed for productivity and sustain a much less stressful way of working for employees in the long term. Gavin Bonner, Vice President at Genesis Property explains the topic in an opinion piece for Property Forum.
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News C&W: EMEA prime logistics yields close to converging on retail
14
Nov
2021

C&W: EMEA prime logistics yields close to converging on retail

by Property Forum
The rampant growth in rents across the logistics sector continues amid a broader recovery in markets as the impacts of the COVID-19 pandemic begin to wane, according to Cushman & Wakefield’s latest DNA of Real Estate research for Q3 2021.
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News Fortim Trusted Advisors aims for 30% turnover growth in 2022
11
Nov
2021

Fortim Trusted Advisors aims for 30% turnover growth in 2022

by Property Forum
Fortim Trusted Advisors, the property consultancy member in the BNP Paribas Real Estate Alliance in Romania, says it will record a turnover of RON 5 million (around €1 million) this year, while next year’s growth expectations are set at 30% year-on-year.
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News Hybrid work to drive the post-pandemic economy
11
Nov
2021

Hybrid work to drive the post-pandemic economy

by Property Forum
More businesses have discovered that remote work arrangements support growth, but the future of work will include both office-based and remote work, driven by the nature of tasks, suggested speakers during the workplace strategies panel of SEE Property Forum 2021, Property Forum's annual event in Bucharest.
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News How can real estate remain relevant in the tech-centric age?
11
Nov
2021

How can real estate remain relevant in the tech-centric age?

by Property Forum
To explore the answers to this question, with a focus on the European real estate market, WiredScore is hosting The WiredScore Future Forum on Tuesday 23rd November.
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News Colliers: Investment volumes in CEE look set to match 2020 levels
10
Nov
2021

Colliers: Investment volumes in CEE look set to match 2020 levels

by Property Forum
Despite the ongoing disruption of the pandemic, investment volumes for the first three quarters of 2021, totalling €7.3 billion, are down just 10% year-on-year and ca. 20% lower than the same period of 2019.  Colliers estimates that 2021 year-end volumes will reach similar levels as in 2020 of between €10.0 and €11.0 billion.
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News Which trends are defying the present and future of commercial real estate?
10
Nov
2021

Which trends are defying the present and future of commercial real estate?

by Property Forum
Colliers has just launched a new report titled Commercial Real Estate – our industry today, tomorrow, and beyond: Engage, Evolve, Accelerate. By publishing this report, Colliers is providing a comprehensive guide for corporate occupiers and industry stakeholders on how to approach the commercial real estate and workplace landscape as we emerge post-pandemic. This will enable the adaption of occupational strategies, rethinking of organisational operating models and the delivery of enhanced growth in the next cycle.
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Latest news


New leases

  • Vastint Romania has attracted Romanian confectionery brand French Revolution as a new tenant in Bucharest-based Timpuri Noi Square. French Revolution Timpuri Noi Square is the 6th store of the company in Bucharest.
  • IPSO Agricultura has leased 2,300 sqm within Speedwell's Spaceplus Chitila warehouse, with a portion of the space dedicated to offices. The transaction was facilitated by Griffes.
  • Transport company ECSI SPEDYCJA has leased 3,330 sqm of warehouse and office space at 7R City Flex Kraków Airport. The tenant was advised by real estate advisory firm Newmark Polska on the choice of location and during lease negotiations.

New appointments

  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.
  • Tomasz Chojnacki, a commercial property expert with nearly 20 years’ experience, has joined international real estate advisory firm Newmark Polska as Regional Director for Southern Poland in its Office Department, with effect from 1 August. His key responsibilities include representing office tenants during relocations and lease renegotiations.

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