ARTICLES LABELLED WITH TAG coronavirus

News Prologis expects disruptions from the pandemic to continue
18
Feb
2021

Prologis expects disruptions from the pandemic to continue

by Property Forum
Disruptions from the pandemic are poised to continue, according to the Prologis Logistics Rent Index. Lockdowns and other COVID-19-related situations may constrain customers’ operations, though the volatility is expected to be less severe than in 2020 as many customers now have better supply chain visibility.
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News COVID-19 pushes investors further towards logistics and resi
18
Feb
2021

COVID-19 pushes investors further towards logistics and resi

by Michał Poręcki
Anna Duchnowska, Head of Asset Management Europe at Invesco Real Estate talked to Property Forum about investing in property in the times of pandemic, the new segmentation of the real estate market and likely changes in financing conditions.
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News Romania records Europe’s strongest GDP growth in Q4 2020
17
Feb
2021

Romania records Europe’s strongest GDP growth in Q4 2020

by Property Forum
In the fourth quarter of 2020, seasonally adjusted GDP decreased by 0.6% in the euro area and by 0.4% in the EU, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. These declines follow a strong rebound in the third quarter of 2020 (+12.4% in the euro area and +11.5% in the EU) and the sharpest decreases since the time series started in 1995 observed in the second quarter of 2020 (-11.7% in the euro area and -11.4% in the EU). According to the first estimation of annual growth for 2020, based on seasonally and calendar adjusted quarterly data, GDP fell by 6.8% in the euro area and 6.4% in the EU.
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News Hybrid office models set to become the new norm
16
Feb
2021

Hybrid office models set to become the new norm

by Property Forum
Budapest’s office market hasn’t collapsed but it has undergone a significant transformation over the past 12 months, and now the new normal has to be redefined, Valter Kalaus, Managing Director of consulting firm VLK Cresa explains.
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News Are Asian investors out of the race for CEE warehouses?
16
Feb
2021

Are Asian investors out of the race for CEE warehouses?

by Property Forum
After the great year in 2019 and a very good start to 2020, the coronavirus pandemic has halted the expansion of Asian investment funds in Poland. However, analysts are convinced that it is just a temporary situation and a new transaction closed this month also suggests that the flow of Asian capital has not dried up.
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News 2020: A year full of challenges on the Polish office market
15
Feb
2021

2020: A year full of challenges on the Polish office market

by Property Forum
The key pandemic-related trends on the Polish office market of 2020 include the transformation of the way work we work and where we work. This prompted many occupiers to redefine their needs regarding the size of the office and the way the office is arranged. Equally important was ensuring workplace safety, also through new technological solutions. As a result of the pandemic and the lockdown measures, both development and leasing activity decreased slightly last year. Demand came mostly from new contracts and renewals. The AXI IMMO advisory firm summarises market conditions in 2020 and explores current office space trends in Poland.
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News Poland's warehouse take-up breaks records in 2020
12
Feb
2021

Poland's warehouse take-up breaks records in 2020

by Property Forum
In 2020, total warehouse take-up hit close to 5 million sqm for the first time in history, representing a 24% increase year-on-year. New leases and expansions accounted for nearly 70% of that total, equating to approximately 3.45 million sqm. Cushman & Wakefield has summarised 2020 on the Polish industrial market.
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News Warsaw's office market is changing
11
Feb
2021

Warsaw's office market is changing

by Property Forum
In 2020, office take-up hit its lowest level in ten years amid pandemic headwinds despite the largest-ever single lease contract signed to date and one of the highest volumes of new office space coming onto the Warsaw market on record, says real estate advisory firm Savills. Rents remained resilient and the overall vacancy rate is still below the levels last seen during the previous supply peak five years ago.
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News Panattoni sees warehouses as the new starting point for investors
10
Feb
2021

Panattoni sees warehouses as the new starting point for investors

by Michał Poręcki
Any investor who observes the real estate market right now is likely to start with warehouse assets. This trend has already been visible, but the consequences of the COVID-19 pandemic have accelerated it to an astonishing degree, says Robert Dobrzycki, Chief Executive Officer of Panattoni who talked to Property Forum about the driving forces behind the growth of the warehouse market.
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News Occupier activity declines on Warsaw's office market
10
Feb
2021

Occupier activity declines on Warsaw's office market

by Property Forum
In 2020 the coronavirus pandemic pushed Poland into its first recession in 30 years following a GDP contraction of around 2.8%. According to Moody’s forecasts, implications of the second wave of the pandemic will reverberate through the economy also during the first quarter of 2021. The second quarter is, however, likely to see a recovery and this year’s GDP growth is expected to reach approximately 4%. Cushman & Wakefield summarised 2020 on the Warsaw office market.
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Latest news


New leases

  • The dental network of the LUX MED Group will open its centre in the Supersam in Katowice. The new facility will occupy nearly 500 sqm.
  • Canon and NDI Oddział Południe will occupy a total of several hundred square metres in the DL Tower office building in Katowice. The building is owned by DL Invest Group.
  • Genuine Parts Company signed a multi-year lease for office space in Kraków's Lubicz Park B building. The company’s new location, which will serve as the headquarters of GPC Global Technology Center, will occupy one-and-a-half floors (1,500 sqm in total). JLL Poland took part in lease negotiations and is overseeing the technical side of the GPC office construction process.

New appointments

  • CPI Property Group is expanding its retail leasing department. Dariusz Kafara has been appointed as the new Leasing Manager. At the Warsaw branch of the company, Dariusz is responsible for maintaining the maximum level of commercialisation in two retail park chains from the group's portfolio - CityMarket and STOP SHOP.
  • Brian Nyeng Olesen, formerly head of commercial at the Salling Group, has been appointed as the new managing director of Netto Polska. The position was previously held by Hugo Mesquita.
  • M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.


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