ARTICLES LABELLED WITH TAG Cushman&Wakefield

Following their reopening in May, shopping centres have seen both their revenue and footfall increase to a rate exceeding the performance during the same period last year. The footfall was lower than in the pre-crisis year 2019, but the revenue was comparable; in fact, it was slightly higher. Supermarkets and hypermarkets fare the best in terms of revenue; electronics and health and beauty products are also doing well. The current performance of shopping centres can therefore be described as very strong, with figures exceeding initial expectations, and investors show renewed interest in properties again, with several major retail transactions being planned for this year and the next. To date, office and logistics properties have been selling the best this year.

Total take-up on the Bratislava office market reached 37,000 sqm which represents a year-on-year increase of 19.5%. As the pandemic slowed down, retail leasing activity also returned and with it the surge in footfall and turnovers. Total quarterly industrial/logistics take-up recorded a strong 22% year-on-year growth, reaching 146,300 sqm. Cushman & Wakefield published its Q2 2021 industrial, office and retail market reports focused on the Slovak market.

Cushman & Wakefield summed up the first half of 2021 on the commercial real estate market in the CEE region. The investment volume at the end of the first half of the year amounts to €3.7 billion and is nearly 25% lower than in the same period in 2020.

Total investments in commercial real estate in Slovakia in the first half of 2021 reached €478 million, which almost equalled the volume of investments for the entire previous year.

Cushman & Wakefield has analysed the findings of a survey carried out by SW Research on a representative sample of the inhabitants of the largest Polish cities. Polish people are increasingly choosing to rent as home prices have reached sky-high levels; additionally, they favour renting for its flexibility and convenience.

In 2020, €370 million was transacted in the CEE-6 (Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia) region. This figure was far below initial expectations for the year (€1.8 billion), as many deals were put on hold or withdrawn, and transaction activity initially brought to a near halt as a result of the pandemic. Most of the volume transacted in the last year (87.6%) comprised deals that had already been committed to before the outbreak of the pandemic.

80% of all renters and those looking for a flat to rent would like total rental costs to stay under PLN 2,000 per month, reveals a survey from Cushman & Wakefield carried out by SW Research on a representative sample of the inhabitants of the largest Polish cities. More than half can afford to spend up to PLN 1,500 per month.

56% of the respondents are looking for two-bedroom flats, reveals a survey from Cushman & Wakefield carried out by SW Research on a representative sample of the inhabitants of the largest Polish cities.

Cushman & Wakefield has been appointed to manage Nefryt and Topaz buildings located in Warsaw's Mokotów district.

Cushman & Wakefield has analysed the findings of a survey carried out by SW Research on a representative sample of the inhabitants of the largest Polish cities. The amount of rent and the standard of accommodation are key to home renters.