ARTICLES LABELLED WITH TAG construction

News Bog’Art CEO: Financing needs stay high for corporates
19
Jul
2024

Bog’Art CEO: Financing needs stay high for corporates

by Ovidiu Nicolae
Bogdan Doicescu, CEO, Bog’Art Holding Management, spoke to Property Forum about the company’s expansion of its public works portfolio and the significant growth potential of the construction industry in the next period.
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News Hungary's construction sector shows signs of rebound
17
Jun
2024

Hungary's construction sector shows signs of rebound

by Property Forum
Hungary's construction sector showed a spectacular rebound in April, with output volumes up 11% on the previous month, completely making up for the feeble performance of the previous two months. The production figures in recent months for a sector in fundamentally poor shape are far from tragic, nor are the order books figures, but we are seeing such huge month-to-month fluctuations that it is very difficult to assess what is happening in the construction sector.
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News How is Ukraine’s construction market doing in 2024?
10
Jun
2024

How is Ukraine’s construction market doing in 2024?

by Property Forum
In 2023, the share of imported construction materials in the Ukrainian market rose to 23% (compared to 14% in 2021). Experts note that the domestic construction materials market requires systematic support from the government. Iryna Nastych summarised the current situation in the Ukrainian construction materials market in an article prepared by the Ukrainian Real Estate Club for Property Forum.
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News Bulgaria's construction sector grapples with low EU fund absorption
03
Jun
2024

Bulgaria's construction sector grapples with low EU fund absorption

by Property Forum
Bulgaria is recording a slowdown of EU funds’ absorption, which could limit new investments in infrastructure and the energy efficiency of the building stock, according to research by the Eastern European Construction Forecasting Association (EECFA).
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News Hungarian construction industry kicks off well in 2024
17
May
2024

Hungarian construction industry kicks off well in 2024

by Property Forum
The value of construction works launched in three months rose in Q1 2024, Activity-Start hasn’t been so high in the last six quarters. EBI Construction Activity Report Q1 2024 measured the total value of started construction works at HUF 807 billion. Looking at the period between 2018 and 2023, there were very only five quarters when Activity-Start surpassed this number. At constant prices, Q1 2024 was also considered good when looking at the period since June 2022. Nevertheless, when compared to the period between 2018 and H1 2022, it fell into the lower range.
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News Wing structurally completes Budapest office development
16
May
2024

Wing structurally completes Budapest office development

by Property Forum
The WING Liget Center multi-building development will involve not only the reconstruction of two buildings listed as historic monuments – serving as the main offices for TV channel RTL – but a brand-new boutique office building named Liget Center Vitrum will also be completed in the autumn. Construction is proceeding on schedule, and the Vitrum building is now structurally complete. Vitrum is a nearly zero energy building and will offer a total of 2,200 square metres of leasable office space over six floors. The building will be handed over in its shell and core stage in autumn 2024.
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News New construction volumes in Romania soar in 2023
11
Apr
2024

New construction volumes in Romania soar in 2023

by Property Forum
Romania saw new construction volumes expand by 64% in 2023 compared to the previous year, reaching also a record in gross value and growth rate from the past decade, according to the EBI Construction Activity Report.
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News AI and VR are cost killers in construction
21
Mar
2024

AI and VR are cost killers in construction

by Property Forum
Latest technological innovations may cut time and cost significantly in preparing real estate projects. Property Forum asked Béla Markovich, CEO of construction giant Mapei’s Hungarian subsidiary about the ways the company uses VR and AI to reach higher efficiency and about R+D activity to produce eco-friendly construction materials.
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News Insolvency in Czech construction market grows
14
Mar
2024

Insolvency in Czech construction market grows

by Property Forum
Construction is one of the riskiest industries in terms of payment morale. According to data from Coface, the number of insolvencies in the Czech construction industry is growing, reaching its peak only in the second half of the year 2024.
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News UBM Development Czechia takes next step in wooden construction
06
Mar
2024

UBM Development Czechia takes next step in wooden construction

by Property Forum
UBM Development Czechia announced a significant milestone in sustainable construction in the Czech Republic, allowing the construction of wooden buildings up to 22.5 meters using the engineering method.
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Latest news


New leases

  • CTP has signed a new lease agreement with long-term client Raben Romania, which has taken 1,800 sqm at CTPark Brașov West.
  • Another fast-growing Polish company has picked Metropolitan Warsaw for its headquarters. Rock Capital, a leading retail park developer and investor in Poland, now occupies modern office space overlooking the Grand Theater and Moliera Street. The Rock Capital's new headquarters, designed by BIT CREATIVE studio and its founder Barnaba Grzelecki, spans 460 sqm of premium office space on the first floor.
  • The largest retail chain in Poland offering RTV/AGD equipment has leased over 4,200 sq m of modern space in the MLP Poznań logistics centre. Media Expert will start operating in the new location in July 2025. The company was advised by Cushman & Wakefield in the leasing process

New appointments

  • Former Taylor Wessing Counsel and Head of Real Estate Peter Malovec has joined CTP Slovakia as its new Head of Legal.
  • Matexi Polska is strengthening its management structure. Jesika Mackiewicz has joined the management boards of companies implementing residential projects in Warsaw. This manager, with over 10 years of experience in the real estate industry, will support Matexi Polska's continued growth in the capital market.
  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.

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