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 This figure was far below initial expectations for the year (€1.8 billion), as many deals were put on hold or withdrawn, and transaction activity initially brought to a near halt as a result of the pandemic.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. 

What is most important to shopping centre visitors post-pandemic? Being able to shop in-store without having to rely on the internet and to make spontaneous, unplanned purchases is at the top of the list, shows the latest consumer survey commissioned by Cushman & Wakefield. Being able to participate in events held in shopping centres and access to fitness facilities were rated as least important.

Regardless of the problems that the measures related to the coronavirus crisis have brought to the retail segment – with shops in Czechia closed for 234 days, the longest period in all of Europe – new brands keep coming to the local market. Nine of them have arrived or will arrive during the first half of the year, the most prominent one of them being Ireland’s Primark fashion chain whose shop opening was expected with a great deal of anticipation.

Cushman & Wakefield has been appointed as letting agent on Atrium 2 in Warsaw. The office building is in the asset portfolio of German investment fund HANSAINVEST Hanseatische Investment-GmbH, which is represented by its asset manager for Poland, MFC Real Estate.

Czech real estate fund Trigea bought the Explora Business Centre office building in Prague’s Nové Butovice from Golden Star Group, an international real estate group, in one of the largest real estate transactions performed this year on the local market.

Representatives of the global hotel industry have found themselves in a very difficult situation due to government restrictions that significantly limited the possibility of doing business. Justyna Kijewska, Associate, Senior Portfolio Manager at Cushman & Wakefield, talks about the current health of the hotel sector and predictions of hotel owners.