ARTICLES LABELLED WITH TAG Europe

News Mindspace raises $72 million from institutional investors
24
Nov
2021

Mindspace raises $72 million from institutional investors

by Property Forum
Flex office provider Mindspace secured a funding of $72 million. The investment round is intended to support the continuation of the company's growth and its further expansion in Europe, the United States and Israel. The round was led by Harel Insurance Investments and Financial Services Ltd., More Provident Funds, Arkin Holdings and existing investors. Existing investors include Yoav Harlap, Kobi Rogovin and Globalworth.
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News Surge in VGP’s rental income doubles development activity
19
Nov
2021

Surge in VGP’s rental income doubles development activity

by Property Forum
VGP, a European provider of high-quality logistics and semi-industrial real estate, published a trading update for the first ten months of 2021.
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News Flex operators across EMEA increase supply by 25,000 desks
19
Nov
2021

Flex operators across EMEA increase supply by 25,000 desks

by Property Forum
Analysis of 44 key office markets in EMEA showed a 155,000 sqm increase in the total amount of flex workspace, according to Colliers. This increase equates to 25,000 extra desks. Contributing to this increase was the addition of 285,000 sqm of newly opened space, but this was offset by 130,000 sqm of space that closed and a further 23,000 sqm that was abandoned. However, nearly a third of the space that closed was due to WeWork streamlining its business in key European locations such as Barcelona, Copenhagen, London and Oslo.
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News ECB warns of increased likelihood of correction in real estate markets
18
Nov
2021

ECB warns of increased likelihood of correction in real estate markets

by Property Forum
The European Central Bank has highlighted growing vulnerabilities in housing markets and stretched financial asset valuations in its Financial Stability Review for November 2021. The ECB has also warned of an increased likelihood of a correction in both residential and commercial real estate markets.
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News Data centre investors and developers face growth pains
17
Nov
2021

Data centre investors and developers face growth pains

by Property Forum
Data centres remain one of the fastest growing real estate segments as the COVID-19 pandemic has accelerated favourable secular trends, but developers and investors looking for high yields and promising stable cash flows face specific risks. Scope Ratings says managing the risks, particularly those related to energy and the environment, has become particularly challenging today.
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News European logistics markets remain unstoppable
11
Oct
2021

European logistics markets remain unstoppable

by Property Forum
The European logistics markets are currently unstoppable and are reaching record levels. Supported by the flourishing online trade and a surge in demand due to last-mile requirements, the growth prospects continue to be very positive, both from an investment and user perspective, according to Catella’s Logistics Market Map Europe 2021.
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News House prices in Hungary have more than doubled since 2010
08
Oct
2021

House prices in Hungary have more than doubled since 2010

by Property Forum
Rents and house prices in the EU have continued their steady increase in Q2 2021, going up by 1.3% and 7.3% respectively, compared to Q2 2020, according to Eurostat data. Looking at long-term trends, CEE countries are among those that have registered the highest house price growth since 2010.
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News Material shortages threaten the construction sector’s recovery
01
Oct
2021

Material shortages threaten the construction sector’s recovery

by Property Forum
According to the UK analyst of Euroconstruct, Harvir Dhillon, material shortages have plagued the construction industry over the past few months. In tandem with rising inflation, global construction activity has experienced a supply-side shock that looks set to persist well into 2022. Disruption in the supply chain has been driven by a number of factors, from the constrained capacity of sawmills and steel mills to environmental factors such as the forest fires seen in major timber exporters like the United States and Sweden, to name but a few.
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News Multifamily is now Europe’s second biggest real estate sector
29
Sep
2021

Multifamily is now Europe’s second biggest real estate sector

by Property Forum
According to Savills, European multifamily is now firmly established as Europe’s second-biggest real estate sector. At €24.1 billion it captured 23% of the investment activity in H1 2021 across the 12 countries that the international real estate advisor monitors. This compares to a five-year average of 16%. Office investment was the highest, accounting for 28% of the total, at €29.3 billion.
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News Oxford Properties completes acquisition of M7 Real Estate
29
Sep
2021

Oxford Properties completes acquisition of M7 Real Estate

by Property Forum
Oxford Properties Group has completed its acquisition of M7 Real Estate, having received all regulatory approvals. The deal, which was announced in January this year, brings together one of the UK’s leading European real estate investment and asset management platforms and a globally renowned institutional investor operating across multiple asset classes and jurisdictions.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

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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