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News Czech residential market to "normalize" next year
28
Nov
2023

Czech residential market to "normalize" next year

by Vera Tumova
Slowly, the residential market should "normalize" and the classic buy/sell market will revive again due to the reduction of interest rates, but this will not happen before the end of this year and the end of summer 2024, explained in an interview for Property Forum Tereza Kouklová, Managing Partner at SFG Holding. 
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News Hungarian developer Property Market has new leader
20
Feb
2023

Hungarian developer Property Market has new leader

by Property Forum
Market Group has appointed Ákos Kiss as Managing Director of Property Market, the development firm of the group. He has been working at the company since 2015 and before his appointment worked as Director of Sales, Marketing and Communication. 
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News Hungary's Futureal Group to merge two large units 
07
Feb
2023

Hungary's Futureal Group to merge two large units 

by Property Forum
Futureal Development and Futureal Investment Partners will join their efforts to increase green investments in a pan-European platform.
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News Passerinvest approves another residential project in Prague 4 
17
Jan
2023

Passerinvest approves another residential project in Prague 4 

by Property Forum
Another new residential building, Oliva, built by Passerinvest in Prague Brumlovka, was approved in December. The first residents will start moving into the 72 flats in the first quarter of this year, the developer announced. 
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News JTRE names new Commercial Director
16
Dec
2022

JTRE names new Commercial Director

by Property Forum
Slovakia's JTRE enlarged its professional team before the end of the year 2022 and appointed Peter Píš as the new Commercial Director in December, JTRE reports.
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News Skanska plans to get into rental housing in Prague
12
Oct
2022

Skanska plans to get into rental housing in Prague

by Vera Tumova
Skanska Residential is planning to include rental housing in its multi-phase projects in the Czech Republic as an additional product to its standard offer. However, the company mainly wants to focus on building homes in Prague for long-term living. Property Forum talked to Petr Michálek, CEO of Skanska Residential.
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News Hungary’s Wing to acquire majority interest in Echo Investment
16
Oct
2019

Hungary’s Wing to acquire majority interest in Echo Investment

by Property Forum
Hungarian investor and developer Wing has signed a preliminary agreement to acquire majority interest (c.a. 56% of shares) in Echo Investment, a Polish developer listed on the Warsaw Stock Exchange. Echo Investment has almost 90 projects in the pipeline, with the total estimated usable area of c.a. 1.3 million sqm.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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