News Landlords must aim to improve energy performance

Landlords must aim to improve energy performance

by Property Forum
Savills forecasts that rising energy prices will be a major challenge for commercial property landlords, managers and tenants in 2023. In response to market expectations, Savills has launched an interdepartmental service line dedicated to improving energy performance and helping identify ways to reduce annual energy consumption in buildings by up to 14%.
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News How can occupiers handle service charge increases across CEE?

How can occupiers handle service charge increases across CEE?

by Property Forum
As service charge budgets are set for 2023, occupiers and landlords with vacancy can expect significant operational cost increases across their real estate portfolios. Property Forum talked to Ryan Wray MRICS, Principal at Avison Young Czech Republic to understand what you can do to make savings and get better value from your budget.
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News Inflation and expensive energy will change Poland's office market

Inflation and expensive energy will change Poland's office market

by Property Forum
The next few months will show the extent to which the increase in the costs of renting office space and property maintenance will affect further development of the office sector. Higher costs of running a business will force companies to verify their budget plans, says Robert Pastuszka, Director, Office Agency at Avison Young Poland.
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News Will rising energy prices drive employees back to the office?

Will rising energy prices drive employees back to the office?

by Property Forum
With energy prices rising at an unprecedented rate and the system of governmental discounts on utility bills in Hungary significantly changing, working from the office might become a more attractive option even for those that love working only from home. In the coming months, not only employees but employers will also try to reduce their energy use. Energy-efficient office buildings will further increase in value as they will become a more attractive option for tenants. Flex and serviced offices will also see increased demand as they will be able to provide a more financially stable option for tenants with utility costs included in the rental fee.
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Latest news

New leases

  • Modesta Real Estate has found a new office location for one of the leading suppliers of LPG in Slovakia. FLAGA, part of UGI International, will move into about 300 sqm in the Westend Business Zone close to the city centre of Bratislava in May 2023.
  • Szerémi Office Building in Budapest welcomed an unnamed new tenant which has signed a long-term lease agreement for 1252 sqm of space in the property. The complex of three interconnected buildings provides a total floor space of nearly 10,500 sqm.
  • Kucera Logistics Group Sp. z o.o Sp. K. has decided to open a new distribution centre at Panattoni Park Pruszków V. The tenant will occupy nearly 3,300 sqm of warehouse and office space in the new location. AXI IMMO represented Kucera Logistics Group in the transaction.

New appointments

  • CPI Property Group has appointed Karol Klin as Head of Office Leasing in Warsaw from the 1st of February. He is a recognised specialist in the commercial real estate sector. He gained more than 20 years of experience in such companies as Cornerstone, Globalworth, Echo Investment, Skanska and GTC.
  • Daniel Cateliu has been appointed as Director in the Industrial & Logistics department of real estate consultancy CBRE Romania. He is currently pursuing an EMBA at the University of Sheffield in the UK. Cateliu is a graduate of the Faculty of Political Sciences within the SNSPA, subsequently following a master's program and earning an Erasmus scholarship at the University of Trieste in Italy.
  • Oscar Kazanelson - the current Chairman of the Supervisory Board of ROBYG - has been appointed Chairman of the Supervisory Board of Vantage Development. This is related to the decision to build synergies within the TAG Immobilien Group.


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