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.

Product diversification on the Polish industrial market is a multi-faceted process that has gathered pace in recent years. Newly-developed warehouse projects may vary considerably in many respects, including size, location and function. Joanna Sinkiewicz, Head of Industrial & Logistics Agency at Cushman & Wakefield, explains how they differ across Poland.

Cushman & Wakefield has appointed James Woodhead to head its EMEA wide Asset Services sustainability and environmental, social & governance (ESG) consultancy.

Cushman & Wakefield recently announced new appointments to its enhanced CEE leadership team. These appointments are to support regional client requirements with the best possible services. Key business areas, including office agency and industrial & logistics agency, have been reinforced with new CEE appointments.

UK-based property investor Resolution Property, a key partner of leading Chinese investment firm Fosun, has acquired its third office building in Budapest. The 16,270 sqm BC 140 building, located on the Váci Road office corridor, has been sold by German asset management company DWS.

Despite the COVID-19 pandemic, warehouse take-up hit a record high of 1.6 million sqm, reveals an industrial market summary for Q1 2021 released by global real estate services firm Cushman & Wakefield. The strongest leasing activity was reported in Poznań, the Warsaw area, Upper Silesia and Central Poland.

The pandemic has caused a lot of change on the market but these changes can easily be viewed as an opportunity for further growth as Jonathan Hallett, Head of Central & Eastern Europe at Cushman & Wakefield demonstrates. He talked to Property Forum about the results of the last year and shared his expectations for the future of work and the CEE advisory market.

Shopping centre footfall in February in Poland, prior to the fourth lockdown, averaged approximately 80% of last year’s levels. Shoppers will return to shopping centres once restrictions are lifted, say experts of Cushman & Wakefield.