ARTICLES LABELLED WITH TAG coronavirus

News C&W: Companies transition to ‘home office’ quite smoothly
01
Apr
2020

C&W: Companies transition to ‘home office’ quite smoothly

by Property Forum
Over the past month, most companies in Hungary made an immediate transition to ‘home office’. Cushman & Wakefield embarked upon a study to understand their experiences.
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News Major aid package in Slovakia: Is it enough?
31
Mar
2020

Major aid package in Slovakia: Is it enough?

by Property Forum
The government of Slovakia is opening some shops that have been closed for the past two weeks, while the country's parliament will debate and possibly pass the cabinet’s proposals to help companies and the self-employed. We asked Andrej Leontiev LL.M., Partner at Taylor Wessing to comment on the aid package.
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News Can the current lockdown change shopping habits in the long run?
31
Mar
2020

Can the current lockdown change shopping habits in the long run?

by Ákos Budai
Retail is among the real estate sectors most affected by the COVID-19 crisis. As most stores have been ordered to close across Europe, retail landlords face an unprecedented challenge. Duarte Cabral, Deputy Managing Director EMEA at Sonae Sierra shared with us his initial impressions on this rapidly evolving situation.
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News Prologis: Logistics real estate in Europe is to experience a softening in activity
31
Mar
2020

Prologis: Logistics real estate in Europe is to experience a softening in activity

by Property Forum
In the third instalment of a series of articles on COVID-19 and its implications for logistics real estate, Prologis identifies concrete learnings from its operations in China and its proprietary data globally.
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News Airbnb extends coronavirus cancellation window
31
Mar
2020

Airbnb extends coronavirus cancellation window

by Property Forum
Airbnb has announced further actions to support users through the COVID-19 crisis. Guests who have reservations made before March 14 that begins anytime on or before May 31, can cancel the reservation and get a full refund or a travel credit if they are impacted by COVID-19 and can’t travel. The accommodation platform will also pay $250 million to hosts to help cover the cost of COVID-19 cancellations.
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News Savills: Czech real estate assets still offer superior returns
31
Mar
2020

Savills: Czech real estate assets still offer superior returns

by Property Forum
The COVID-19 pandemic is hitting the global economy hard, with all real estate sectors in the Czech Republic affected to varying degrees. But in the subsequent low interest rate environment, Czech real estate as an asset class should continue to offer superior returns, according to the latest research from Savills.
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News Slovakia prepares largest aid package in country’s history
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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News Will things go back to normal by Q3 2020?
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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News JTRE selects contractors for Eurovea extension in Bratislava
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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News Regional countries introduce payment moratoria
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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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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