ARTICLES LABELLED WITH TAG coronavirus

News Economic stimulus and rate cuts in CEE
24
Mar
2020

Economic stimulus and rate cuts in CEE

by Property Forum
Governments in the region keep introducing economic aid packages. Property Forum’s daily summary looks at the measures taken to ease the impact of the COVID-19 crisis on households and businesses.
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News URW reassures investors on liquidity position
23
Mar
2020

URW reassures investors on liquidity position

by Property Forum
The COVID-19 crisis continues to evolve rapidly and several governments in the markets in which Unibail-Rodamco-Westfield (URW) operates have taken measures to contain the spread of the virus. These measures will impact the Group’s operations, according to URW’s statement.
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News UniCredit expects V-shaped recession in Austria
23
Mar
2020

UniCredit expects V-shaped recession in Austria

by Property Forum
Austria’s economic growth curve is set to follow a V-shaped course in the wake of the coronavirus and the containment measures implemented, according to Bank Austria, a member of UniCredit Group.
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News Germany plans €600 billion aid package to support companies
22
Mar
2020

Germany plans €600 billion aid package to support companies

by Property Forum
The German federal government plans to set up an economic stabilization fund (Wirtschaftsstabilisierungsfonds, WSF) to prevent companies from going bankrupting during the coronavirus crisis, according to the new draft bill of the finance minister.
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News Prologis expects the logistics market to be resilient
20
Mar
2020

Prologis expects the logistics market to be resilient

by Property Forum
In our interconnected world, significant disruptions underscore the need for resilient supply chains. The risks posed by COVID-19 to economic growth would likewise affect real estate in the near term; on both counts, the magnitude is yet unknown. Still, structural trends point to resiliency for logistics real estate through this period and beyond, shaping both the fundamental and investment landscape, according to a new report by Prologis Research.
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News Immofinanz reacts to COVID-19’s influence on retail activities
20
Mar
2020

Immofinanz reacts to COVID-19’s influence on retail activities

by Property Forum
The government authorities in all countries where Immofinanz owns and operates retail properties have recently imposed restrictions and implemented various measures to contain Covid-19. These measures affect various aspects of everyday life, among others through the temporary shutdown of retail facilities. Exceptions have generally been made for stores, which sell basic supplies like supermarkets and pharmacies, drugstores, post offices, banks, pet food shops etc. Moreover, access to public areas has been limited or similar recommendations have been issued. Immofinanz supports these measures in the interest of public health and safety.
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News CEE economies slow down further due to coronavirus
20
Mar
2020

CEE economies slow down further due to coronavirus

by Property Forum
Property Forum collected the latest measures taken in CEE countries to mitigate the negative effects of the coronavirus outbreak.
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News A list of all COVID-19 measures in CEE - Countries close themselves off and plan economic stimulation
19
Mar
2020

A list of all COVID-19 measures in CEE - Countries close themselves off and plan economic stimulation

by Property Forum
Property Forum provides a comprehensive summary of the most important coronavirus-related measures that have been introduced in CEE countries. All of them have implemented a number of restrictive measures to slow down the spread of the virus and several governments have announced plans to help companies hit hardest by the coronavirus crisis and to stimulate the economy.
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News CBRE: Can we hope for a strong rebound in H2 2020?
19
Mar
2020

CBRE: Can we hope for a strong rebound in H2 2020?

by Property Forum
CBRE expects the COVID-19 outbreak to have a negative short-term impact on certain sectors of the commercial real estate market. However, the further transmission and evolution of the virus remains difficult to predict.
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News C&W: COVID-19 can accelerate the growth of e-commerce
19
Mar
2020

C&W: COVID-19 can accelerate the growth of e-commerce

by Property Forum
The pandemic declared last week by the WHO has undoubtedly a crippling effect on businesses and poses major challenges and unexpected obstacles to supply chain management. Nevertheless, as always in such crisis situations, there are also companies that come out unscathed of them, even in a better condition and with innovative solutions. Will the coronavirus be a black swan for the Polish market and will it further accelerate the fast-growing e-commerce sector? An analysis by Damian Kołata, Associate, Industrial & Logistics Agency at Cushman & Wakefield.
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Latest news


New leases

  • Footwear brand Crocs is opening its first location in the North-East region in Palas, as well as in the upcoming Rivus project in Cluj-Napoca, both projects developed by Iulius.
  • WeNet, an online marketing company, has relocated its Gdańsk office to the multifunctional Garnizon complex, owned by the Hossa Investment Group. The organisation has taken up more than 450 square meters of office space in the GATO office building.
  • Perfume chain Douglas has signed a lease agreement for nearly 1,000 sqm of office and logistics space at CTPark Budapest Office Campus, which is located in the heart of the city.

New appointments

  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.
  • Tryton Business House in Gdańsk will welcome a new tenant. Państwowe Gospodarstwo Wodne Wody Polskie will occupy 3,092 sqm of office space in the complex owned by Globalworth. Cushman & Wakefield represented the institution in the lease process.
  • G City Europe is strengthening its development competences. Piotr Myszka has joined the company, taking up the position of Head of Development.

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