ARTICLES LABELLED WITH TAG coronavirus

30
Mar
2020

Slovakia prepares largest aid package in country’s history

by Property Forum
Governments continue to come up with measures to help stabilize the economy. Property Forum collected the latest efforts by CEE governments to rescue businesses and individuals affected by the coronavirus crisis.
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30
Mar
2020

Will things go back to normal by Q3 2020?

by Ákos Budai
Many market players, especially those working in industrial and office, expect a swift return to business as usual in the third quarter. Andy Thompson, Director of Czech & Slovak Capital Markets and Tewfik Sabongui, Managing Partner for the Czech Republic shared Colliers International’s expectations for the coming months.
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30
Mar
2020

JTRE selects contractors for Eurovea extension in Bratislava

by Property Forum
J&T Real Estate is moving forward with the extension of the Eurovea mixed-use complex. The foundation work is progressing and the contractor selection process has concluded.
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30
Mar
2020

Regional countries introduce payment moratoria

by Property Forum
As a result of the coronavirus outbreak, most CEE/SEE countries have introduced similar moratoria provisions to the Hungarian regulations, but there are several countries that have not yet taken this step. With the help of Dr. Gergely Szalóki, Partner at Schönherr Hetényi Law Firm, we provide an overview of the regulation of these regions' countries in respect of moratoria of bank loans.
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30
Mar
2020

Trei Real Estate kicks off apartment sales in Łódź

by Property Forum
Trei Real Estate GmbH, a developer and property asset holder for residential and retail real estate, just launched the sales drive for ownership apartments in the Polish city of Łódź. The project represents Trei’s second residential development in Poland. The initial total of 104 apartments offered for sale will be built during the first construction stage. Trei entered the Polish residential real estate market in summer 2019 with a first project in Wroclaw.
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29
Mar
2020

Marriott taking extraordinary measures to survive the global lockdown

by Property Forum
Marriott is closing food and beverage outlets, reducing staff and closing floors or even entire hotels due to the extremely low levels of occupancy across the world. The company has also temporarily deferred most brand standards to help owners and franchisees, including delaying renovations due in 2020 by one year, deferring required furniture, fixtures and equipment funding and suspending brand standard audits.
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28
Mar
2020

Erste Group CEO: We are in this together

by Property Forum
We are in this together and we will get through this together, writes the CEO of Erste Group Bank about the Covid-19 pandemic in an article published on Linkedin.
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27
Mar
2020

C&W: Retail and hospitality hit hardest by COVID-19

by Property Forum
Cushman & Wakefield summarised the latest progress and impacts the Czech Republic’s real estate sector is facing due to the coronavirus outbreak.
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27
Mar
2020

Food-based and pharmaceutical logistics expected to prosper

by Property Forum
Since the onset of COVID-19, we have already seen a bifurcation in activity across the industrial & logistics sector, as occupiers and locations respond differently to the impact of COVID-19 on global and European economies, Colliers International reports.
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26
Mar
2020

Globalworth further improves its liquidity

by Property Forum
Globalworth released its annual financial reports for 2019 and issued a COVID-19 statement. Since the beginning of the year, Globalworth has further improved its liquidity, which is currently close to €600 million of available cash.
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Latest news


New leases

  • Raiffeisen Bank International AG will take up 1,500 sqm of office space in Monopol office centre in Warsaw. The lease was negotiated by Colliers International.
  • KiK is a new tenant in Funshop Park Focșani, developed by Scallier. The store of 640 sqm will open this year.
  • 108 Agency has secured a lease of 7,800 sqm of commercial space for company Van Eupen in P3 Lovosice with a strategic position in the desired location in the Ústí nad Labem region.

New appointments

  • CBRE Romania has promoted Florin Ianculescu-Popa to Director of Valuation within the Valuation & Advisory team.
  • Romanian developer One United Properties has appointed a certified expert accountant, Cosmin Samoilă as Chief Financial Officer.
  • Cornelia Dragomir has been promoted to Associate Director Valuation within the Valuation & Advisory team of CBRE Romania.


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