Bence Balázs is the new Head of Real Estate at Diófa Asset Management. Bence Balázs has gained 13 years professional experience on domestic, regional and international commercial real estate markets. He joined Diófa Asset Management in 2019 as portfolio manager responsible for real estate investment funds. As head of real estate at Diófa Asset Management, his responsibilities include the coordination of the asset management, fund management, leasing and investment management operations of the company. Bence aims to further expand the core real estate portfolios of Diófa, to refine the asset and fund management systems of the company and intends to ensure stable and predictable return levels towards the retail and institutional investors of the funds. In addition, he intends to launch new funds and investment products together with the Diófa team

NEPI Rockcastle is donating €150,000 to the International Red Cross Organization aimed for supporting the efforts of preventing the spread of COVID-19. The amount of money will be distributed according to the current medical needs and will be used for the purchase of disinfectant substances or items vital in slowing the spread of the virus. Public awareness campaigns will also be supported.

Colliers International has launched a microsite to provide insight and recommendations for business during the COVID-19 global pandemic.

Hungary-based developers Futureal Group and Cordia have decided to donate €700,000 (HUF 250 million) to the fight against COVID-19. The directors of the company will decide on the usage of the funds shortly,

Oliver Schumy, the CEO of Immofinanz AG, is leaving the Company as member of the Executive Board on 18 March 2020. The premature termination is based on mutual agreement due to personal reasons. As of 19 March 2020, the Executive Board of the Company is thus composed of the members Dietmar Reindl and Stefan Schönauer, who will continue all agendas.

Globalworth announced changes to the Company's Board of Directors and an update regarding the COVID-19 outbreak. Ioannis Papalekas, the Founder, is stepping down from the Board of Directors of Globalworth but will remain as CEO. Dimitris Raptis, the current Chief Investment Officer and Deputy CEO, has been appointed co-CEO.

CBRE announced the appointment of Clare Sheils as Managing Director of CBRE in the Czech Republic effective 15th March 2020. Clare Sheils succeeds the current Managing Director, Richard Curran, who – after a highly successful career spanning 16 years – has decided to leave the business and pursue other interests and career challenges.

Prologis has appointed Paweł Sapek as Regional Head Central Europe, a role in which he is responsible for maintaining strong team leadership, identifying new opportunities and steering the region towards new paths of development. Sapek is now responsible for overseeing the company's entire CE portfolio across Poland, the Czech Republic, Slovakia and Hungary, with a total area of 4.2 million square meters. In addition, he will run the Polish branch of Prologis and directly supervise operations in Hungary.

Garbe Industrial Real Estate GmbH, one of the leading specialists for logistics and industrial properties in Germany and other countries in Europe, is expanding its footprint in Central Eastern Europe. Martin Polák, a former managing director at Prologis, will join Garbe as Managing Director CEE and will be in charge of the further expansion in the region.

In 2019, the valuation department of Cushman & Wakefield Echinox evaluated properties with a cumulative value of €4.2 billion, while estimating an increase of 15% of the valuation volume for the upcoming year.