ARTICLES LABELLED WITH TAG coronavirus

News How are retail tenants doing today?
19
Nov
2021

How are retail tenants doing today?

by Property Forum
The pandemic has spared no business, with its consequences most strongly felt by the retail sector, including tenants in shopping centres, retail parks and high streets. Global real estate services firm Cushman & Wakefield examines the situation of retail tenants in its latest report “Is Confidence Returning to the Retail Market?”. 
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News C&W: EMEA prime logistics yields close to converging on retail
14
Nov
2021

C&W: EMEA prime logistics yields close to converging on retail

by Property Forum
The rampant growth in rents across the logistics sector continues amid a broader recovery in markets as the impacts of the COVID-19 pandemic begin to wane, according to Cushman & Wakefield’s latest DNA of Real Estate research for Q3 2021.
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News Colliers: Investment volumes in CEE look set to match 2020 levels
10
Nov
2021

Colliers: Investment volumes in CEE look set to match 2020 levels

by Property Forum
Despite the ongoing disruption of the pandemic, investment volumes for the first three quarters of 2021, totalling €7.3 billion, are down just 10% year-on-year and ca. 20% lower than the same period of 2019.  Colliers estimates that 2021 year-end volumes will reach similar levels as in 2020 of between €10.0 and €11.0 billion.
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News Industrial transactions remain dominant with offices now recovering
09
Nov
2021

Industrial transactions remain dominant with offices now recovering

by Property Forum
The international consulting company Cushman & Wakefield has summed up the third quarter of 2021 for the commercial real estate market in the CEE region. The investment volume at the end of the third quarter of the year amounts to €6.7 billion and is nearly 13% lower than for the same period in 2020.
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News Poland's office market is slowly recovering
05
Nov
2021

Poland's office market is slowly recovering

by Property Forum
The Polish office space market situation at the end of Q3 2021 allows for an optimistic view of the sector in 2022.  Demand remaining at a similar level to last year and the expected higher absorption of available space are conducive to improving the sector’s performance in the coming months, says AXI IMMO.
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News Continued reduction in new units coming onto Poland’s residential market
03
Nov
2021

Continued reduction in new units coming onto Poland’s residential market

by Property Forum
For the second successive quarter, developers have attempted to establish equilibrium between units sold and new units coming onto the market. Rising inflation continues to drive buyers to developers’ offices, with sales for the first three quarters of 2021 exceeding 2020’s annual total, says JLL. 
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News BNP: A rosier future is ahead for commercial real estate
21
Oct
2021

BNP: A rosier future is ahead for commercial real estate

by Property Forum
The commercial real estate market, together with many other economic areas, after being impacted heavily by the Covid pandemic, is undergoing recovery. These positive indicators are also mirrored in the retail real estate sector. Recent figures indicate that retail parks and convenience centres are recovering strongly as are discount shops, while large shopping centres are reporting increasing footfall levels, optimistic economic outlook; these are the key highlights from Q3 of the year. The analysis of the retail real estate sector was prepared by experts from BNP Paribas Real Estate.
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News Office supply dwindles in Polish regional markets
19
Oct
2021

Office supply dwindles in Polish regional markets

by Property Forum
During Q3, the modern office space stock located outside of Warsaw grew by less than 20,000 sqm. Throughout this period, tenants have leased over 113,000 sqm of space, mainly through the signing of new contracts, or by contract renewals. Office employees have slowly been returning to the offices, tenants were waking-up to the new, hybrid reality and owners of office buildings and property managers began to deliberate more and more about rising utility costs. This is what the 3rd quarter snapshot mirrors in the regional office markets, as per the summary prepared by BNP Paribas Real Estate experts.
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News JLL: Polish retail market to return to pre-pandemic levels
18
Oct
2021

JLL: Polish retail market to return to pre-pandemic levels

by Property Forum
The sector is seeing a recovery following the reopening of the economy. However, a change in the structure of retail formats continues. Increased developer activity will translate into over half a million sqm of new supply by the end of the year.
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News Retail sector investors focus on retail parks in Poland
01
Oct
2021

Retail sector investors focus on retail parks in Poland

by Property Forum
The trade sector, greatly weakened by the pandemic, has gained a new investment niche. This year, the increased activity of investors, now mainly focused on the construction of retail parks and convenience centres, will result in the largest growth of these facilities in the history of the Polish market.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • 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.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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