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News Heimstaden Bostad sets new sustainability targets
14
Sep
2021

Heimstaden Bostad sets new sustainability targets

by Property Forum
Heimstaden Bostad has set new sustainability targets and will invest nearly €500 million (SEK 5 billion) to reduce the company’s greenhouse gas emissions by at least 46% by 2030, in line with the Paris Agreement ambition to limit global warming to 1.5°C.
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News Meet all the leaders of CEE real estate – Live in Vienna
10
Sep
2021

Meet all the leaders of CEE real estate – Live in Vienna

by Property Forum
CEE’s leading real estate event since 2013 is back! Property Forum’s annual conference, CEE Property Forum 2021 on 20-21 September, will gather hundreds of visitors and 60 speakers that will discuss hot button issues – live and in person.
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News Savills: Retail is attracting opportunistic investors
09
Sep
2021

Savills: Retail is attracting opportunistic investors

by Property Forum
According to Savills, the European retail sector is increasingly looking more attractive to opportunistic investors. In the UK, there was a rise in opportunistic interest in the sector in the last quarter, supported by significant yield correction. In Poland, secondary retail assets are being traded at double-digit yields.
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News One of the world’s largest employers embraces flex working
08
Sep
2021

One of the world’s largest employers embraces flex working

by Property Forum
As summer has come to an end, employers across the world have to decide where they want their employees to work from going forward. The keyword for the future will be flexibility as large employers around the globe are embracing not only working from home but also multi-location workplace strategies.
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News Polish warehouses attract investors with competitive prices
08
Sep
2021

Polish warehouses attract investors with competitive prices

by Property Forum
According to advisory firm AXI IMMO, Poland remains one of the most attractively priced markets in Europe. Three out of five cheapest locations in terms of prime big box rents are in Poland. In addition, three Polish markets make the top 5 list of most attractively priced land markets in Europe.
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News Savills IM report pinpoints new opportunities in European logistics
07
Sep
2021

Savills IM report pinpoints new opportunities in European logistics

by Property Forum
‘Big Box’ mainstream logistics assets continue to display strong fundamentals but with pricing pressures driving down yields and new themes emerging, other industrial sub-sectors now offer alternative opportunities to investors, according to a new report by Savills Investment Management.
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News Hungary sees improving construction figures in Q2 2021
02
Sep
2021

Hungary sees improving construction figures in Q2 2021

by Property Forum
After a relative stagnation in previous quarters, Q2 2021 saw a considerable expansion in the Activity Start indicator of the EBI Construction Activity Report. It was the first three months of 2018 last that witnessed a higher value of construction works to start in a quarter. In H1 2021, projects entered the construction phase on a total of HUF 1,398 billion, marking a significant increase of 20% and 18%, respectively, against the same period of the previous two years.
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News CPIPG reports 7% increase in net rental income
01
Sep
2021

CPIPG reports 7% increase in net rental income

by Property Forum
CPI Property Group’s net rental income increased to €175 million in H1 2021 (up 7% versus H1 2020) and its consolidated adjusted EBITDA rose to €172 million (up 5% versus H1 2020). The company published its unaudited financial results for the six-month period ended 30 June 2021.
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News Czech construction output recovery not expected until 2023
31
Aug
2021

Czech construction output recovery not expected until 2023

by Property Forum
According to the Czech analyst of Euroconstruct, David Frič, Czech construction certainly did not evade the crisis caused by the Covid-19 pandemic and the industry fell by 3.6% in 2020 and is unlikely to return to pre-pandemic levels in the next two years.
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News VGP records net profit of €203.8 million in H1 2021
31
Aug
2021

VGP records net profit of €203.8 million in H1 2021

by Property Forum
Industrial and logistics developer VGP recorded a net profit of €203.8 million in the first half of 2021. VGP announced its financial and operational results for H1 2021.
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Latest news


New leases

  • Buchareast-based office project Floreasca Park has reached over 80% occupancy, following over 4,400 sqm of recent leasing activity. Leroy Merlin has leased 3,900 sqm, while IGEL Technology is occupying 515 sqm.
  • Henkel Romania has sold a 1,800 sqm property in central Bucharest, which served as its HQ, to a high-end residential developer. The deal was brokered by iO Partners.
  • The family shopping centre M1 Kraków, managed by EPP, is strengthening its gastronomic, service and sports offer. The group of new tenants includes Sports Direct, which is making its debut in the capital of Małopolska, as well as the oriental restaurant Asia Mama and the pet shop Maxi Zoo. In recent months, Cukiernia Sowa has also opened its doors to customers. MediaMarkt, McDonald's, HalfPrice and 4F, which presented an enlarged salon in the new BLACK concept, have decided to continue their cooperation with the Kraków facility and modernise their premises. All signed contracts cover over 6,000 sqm of space.

New appointments

  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.
  • Tomáš Fabian has taken on the responsibility of leading the Czech commercial development team at Skanska as Executive Vice President Operations Czech Republic, while still keeping the current responsibilities as Executive Vice President Legal Counsel (CEE).

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