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

  • Yokogawa Romania has extended its lease agreement for another five years in Building F of YUNITY Park, a business campus owned by Genesis Property. The agreement marks the fourth consecutive renewal for the local subsidiary of the Japanese industrial automation and process control company. Originally signed in 2007, this latest extension brings the total duration of the corporate partnership to more than 20 years.
  • Vastint Romania has secured a new lease agreement with Arcadis Romania for 1,183 sqm of office space in Building A of the Business Garden Bucharest development.
  • Karimpol Polska has signed a major lease agreement with Volkswagen Financial Services at the Skyliner II complex at Rondo Daszyńskiego in Warsaw. The automotive financial services provider will occupy nearly 6,000 sqm of office and retail space in the project's second tower. Following the transaction, the occupancy rate of Skyliner II has reached 50%.

New appointments

  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
  • Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.

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