ARTICLES LABELLED WITH TAG coronavirus

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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26
Mar
2020

Further measures taken to save CEE economies

by Property Forum
Governments in CEE countries have introduced further measures to ease the impact of the coronavirus crisis on the economy. Property Forum summarised the latest actions.
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26
Mar
2020

Colliers: CEE logistics are going ballistic

by Property Forum
Colliers International in CEE intends to update some of the more rapidly changing data and market sentiment on a weekly basis and then to provide Q1 market sector updates as they become available or as they develop. Below is this week’s summary.
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Latest news


New leases

  • A Polish logistics company has leased 1,500 sqm of warehouse and office space at MLP Business Park Poznań. MLP Group, the developer and owner of the urban logistics park, is to revitalise an old warehouse building that will be customised for the tenant. This facility should be ready at the beginning of Q4 2021.
  • Adara, a supplier of ingredients for the cosmetic and pharmaceutical industries, has leased 800 sqm of warehouse and office space in 7R City Flex Warsaw Airport I. The tenant was represented during the lease negotiations by real estate advisory firm Cresa.
  • A Polish IT company, STM Cyber Sp. z o.o. decided to lease over 300 sqm in the Business Garden office complex in Warsaw. The tenant was represented in the negotiation process by AXI IMMO. The owner of the complex is Vastint.

New appointments

  • Karolina Furmańska has joined the Consulting & Research team of Cushman & Wakefield Poland as a Senior Residential Analyst with responsibility for advisory to PRS clients. Prior to joining C&W, she was a member of JLL’s Living Investment Team, which was responsible for transaction advisory comprising rental apartments, purpose-built student accommodation, co-living and other income-producing assets in the residential sector.
  • JLL Hungary has appointed Balázs Agócs as Workplace Strategy Director from April 2021. JLL will expand not only with another leadership position but also with the Workplace Solutions service line. In his new role, Balázs will help JLL's customers to make faster and more efficient workplace- and real estate strategy decisions. He will closely cooperate with the teams of Tenant Representation and Project & Development Services.
  • Razvan Botezatu has been named Operations Manager of Romanian real estate developer Nordis Group. He will oversee the development strategy of the company. He has 10 years' worth of experience in the corporate sector. The group develops luxury residential and hotel projects in Bucharest and regional cities.


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