The Czech industrial market has proven that it is resilient to unfavourable economic factors and therefore it will logically remain a popular asset class that is not at risk of decline. Pavel Sovička, Managing Director of Panattoni in the Czech Republic talked to Property Forum about nearshoring, rising construction costs, changing tenant demand and all other factors that are contributing to rental growth.

Jan Sadil will be the new CEO of JRD Group. The banker and builder Jan Sadil has worked for many years in top positions in the banking industry, he was for many years the CEO of the mortgage bank Hypoteční banka and a member of the board of directors of one of the largest Czech banks, ČSOB. He will take up the position of CEO of JRD Group in February 2023.

Andreea Mihai has been appointed as the new CEO of Hagag Development Europe, tasked with overseeing the development of the Romanian operations. 

JRD has announced changes in top management positions. Alexandra Tomášková is now a two-time CEO as she will also lead JRD Development in addition to her position as CEO of JRD Land. The current head of this division, Martin Svoboda, continues to lead JRD Group.

Three new Deputy CEOs have been appointed at Wing. In addition to his position as Director of Residential Developments, János Martin has been promoted to Deputy CEO of Wing, Director of Marketing Communications Csenge Mátray has fulfilled the role of Deputy CEO for Communications, HR and Corporate Operations, while Director of Transactions Bence Sass has been appointed Deputy CEO for International Business Development and Investments.

Sebastian Proć has been associated with HB Reavis for 13 years - from the beginning of the company's operations on the Polish real estate market, he held managerial positions, overseeing business development, acquisitions and development activities. Previously, he was associated with the DTZ consulting company, as well as Premiumred Real Estate Development (Investkredit / Volksbank group), Budimex Nieruchomości and Unikat Commercial Properties.

Element Industrial announces the appointment of Andrei Jerca as Managing Director of the company. Prior to this position, Jerca was Head of Industrial Services within CBRE Romania.

P3 Logistic Parks (P3) announced the appointment of Frank Pörschke as its new CEO, with effect from 1 April 2021. Tim Beaudin, CEO since 2019 and previously Board Chairman, is stepping down as part of a planned leadership transition. 

Globalworth, the leading office investor in Central and Eastern Europe (CEE), announces the appointment of Marian Popa as Managing Director for Romania with effect from 1st March 2021. As Managing Director, Marian Popa will be responsible for managing the company’s activities in Romania, focusing on operational, administration and business development matters, and will report to Dimitris Raptis, CEO of Globalworth Group.

Globalworth announces that Dimitris Raptis is appointed sole CEO of the Group. Ioannis Papalekas is stepping down as CEO of the company effective 15th of December 2020.