ARTICLES LABELLED WITH TAG construction

News Raising productivity is the only way for construction companies
26
Jul
2023

Raising productivity is the only way for construction companies

by Property Forum
Some forms of government support may temporarily ease the current tough conditions for part of the construction sector in Hungary. But companies may not count on outside help only. All have to invest in new technologies and extend their in-house competencies, especially to reach ESG compliance, says Pál Dános MRICS, Associate Partner at KPMG Hungary in an interview with Property Fourm.
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News Czech developer: "We do our best business in Poland"
24
Jul
2023

Czech developer: "We do our best business in Poland"

by Vera Tumova
Unlike in the Czech Republic, developers in Poland can rely on the deadlines given by law which makes it a lot easier to do business. Marcela Fialková, Strategy Director of Czech-based developer UDI Group talked to Property Forum about the challenges and opportunities different markets in CEE offer.
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News Hungary votes on changes in law on public construction
05
Jul
2023

Hungary votes on changes in law on public construction

by Property Forum
The Hungarian Parliament voted in favour of the law on the public construction and investment regime with 136 votes in favour, 49 against and 9 abstentions. The law, among other things, makes the use of BIM mandatory for projects at or above the EU public procurement threshold, requires greater control over design and construction than before, and puts the whole life cycle of public works on a new footing.
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News UBM to finish Prague resi project soon
30
Jun
2023

UBM to finish Prague resi project soon

by Property Forum
UBM Development Czechia has successfully completed the rough construction of the Astrid Garden residential project in Prague 7 - Holešovice, where 138 apartments and two commercial units are being built. Construction of Astrid Garden has been underway since November 2021 and is scheduled for completion in the second half of 2024. The sale of the project, designed by renowned architectural studio Bogle Architects, is being handled exclusively by the real estate agency Lexxus Norton. 
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News Accolade invests €380 million in Karlovy Vary Region
30
Jun
2023

Accolade invests €380 million in Karlovy Vary Region

by Property Forum
In ten years since entering the Karlovy Vary Region, Accolade Group has invested in a total of nearly 300,000 sqm of production, e-commerce and logistics space. The value of completed and handed-over projects exceeds €316 million and properties worth approximately €380 million are currently under construction. The Group's activities are leading to wage growth and a wider range of jobs. In addition to the projects in Cheb, the group recently completed the first building in a new industrial estate in Ostrov.
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News Czech developer RC Europe builds logistics hall in Croatia
26
Jun
2023

Czech developer RC Europe builds logistics hall in Croatia

by Property Forum
Construction of one of the largest logistics projects in Croatia is entering its next phase. Development company RC Europe Group from the Czech Republic has started construction work on the RC Zone Samobor project in the Bobovica economic zone. The total land area of 170,000 sqm will feature an 86,000 sqm warehouse facility intended for leasing. In line with the tenants’ requirements, the space in the future logistics park can be used for storage, production, or office operations.
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News Slovenia’s housing construction boom continues
12
May
2023

Slovenia’s housing construction boom continues

by Property Forum
According to Dr Aleš Pustovrh at the EECFA, which conducts research on the construction markets of 8 Eastern European countries, residential construction boom in Slovenia continues and is set to peak this year. Nevertheless, with increasing interest rates on mortgage loans, residential construction will be facing significantly lower demand in the second half of 2023.
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News Construction waste in Ukraine: What’s the solution?
12
May
2023

Construction waste in Ukraine: What’s the solution?

by Property Forum
The full-scale invasion of Ukraine has led to huge destruction, the volume of construction waste has reached a critical level and continues to increase. Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum.
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News Czech Senate passes amendment to the Construction Act
10
May
2023

Czech Senate passes amendment to the Construction Act

by Property Forum
The planned Highest Construction Office (Nejvyšší stavební úřad) and the system of regional construction offices subordinate to it will not be established in the Czech Republic. The construction authorities will remain within the municipalities, the Czech News Agency (ČTK) reports.
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News Penta's new €50 million Prague hotel is complete
05
May
2023

Penta's new €50 million Prague hotel is complete

by Property Forum
Penta Real Estate is finishing the construction of the new Motel One hotel in the centre of Prague near Masaryk railway station. According to the development company, the total investment in the hotel, which will be part of the Cloud One Line chain, came to CZK 1.2 billion (€51.2 million) over six years of preparation and construction. The hotel is scheduled to open in the spring of 2024.
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Latest news


New leases

  • 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
  • Supeco, the discount format operated by the Carrefour Group, will open a new store spanning 1,300 sqm in FunShop Park Ploiești starting Q3 2025. With this new lease deal, Scallier’s retail project is now almost fully occupied.

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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