Build to rent or build to sell? The participants of CEE Property Forum in Vienna were sure that in the current residential market environment of high inflation and rising interest rates, building for PRS purposes is the only valid option.
Demand for offices will shrink in the future due to the adoption of hybrid work arrangements, which also helps companies save money, commented speakers of the workplace strategies panel of CEE Property Forum 2022, held in Vienna.
There are already a lot of long-term plans for rebuilding the country and revitalizing its cities, but businesses face day-to-day challenges. The office market suffered the most but retail is relatively healthy in the Western part of the country, experts informed at a special panel dedicated to the future rebuilding of Ukraine at CEE Property Forum 2022 in Vienna.
Panellists were unanimous at the discussion on investments in SEE countries at CEE Property Forum 2022 in Vienna. They agreed that the lack of investment products is the biggest hurdle in the CRE market in that region while developers and banks should rethink their long-term strategies as economic pressure mounts every day.
The flow of international capital to Mediterranean countries is still very strong but investors seem reluctant to put more money into the office and retail sectors due to growing economic uncertainties, panellists emphasized in the discussion at the recent CEE Property Forum 2022 in Vienna.
Despite the dwindling economy in Europe, the logistics market in CEE countries has still a bright future ahead, claimed the participants of the logistics panel at CEE Property Forum 2022 in Vienna.
Having accurate data about a building is essential for any transaction and during the entire lifetime of the asset, with proptech solutions gaining ground in the industry, concluded speakers during the data and technology panel of CEE Property Forum 2022 in Vienna.
Although financing has become more expensive for real estate companies in the past 12 months, transactions are still being carried out, pointed out speakers in the financing strategies panel of CEE Property Forum 2022 in Vienna.
One of the most important questions among the participants of CEE Property Forum 2022 in Vienna was “Is it still safe to invest in real estate located in Central and Eastern Europe?”. The answer is positive. It is still safe, though not everywhere.
Investments in the private rented sector (PRS) and industrial projects continue to grow in Central and Eastern Europe despite economic and geopolitical challenges, concluded speakers during the investment strategies panel at CEE Property Forum 2022 in Vienna.
Confectionery Batida has joined the tenants of the LIXA City Gardens retail concept that is being arranged in the LIXA office complex near the Daszyński Roundabout in Warsaw.
Vileda expanded its office located in MyHive IO-1 in Warsaw, owned by CPI Property Group, to 712 sqm. Przemysław Urbański from Avison Young Poland supported Vileda in the negotiation process.
The LUX MED Group extended a 2,200 sqm lease agreement in the O3 Business Campus in Kraków managed by EPP
New appointments
Axi Immo is developing its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.
Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.
ABOUT US
Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Budapest, Bucharest, Bratislava and Prague, amongst other locations.
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