ARTICLES LABELLED WITH TAG Europe

News CBRE: Can we hope for a strong rebound in H2 2020?
19
Mar
2020

CBRE: Can we hope for a strong rebound in H2 2020?

by Property Forum
CBRE expects the COVID-19 outbreak to have a negative short-term impact on certain sectors of the commercial real estate market. However, the further transmission and evolution of the virus remains difficult to predict.
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News Redevco to diversify and broaden investor base
12
Mar
2020

Redevco to diversify and broaden investor base

by Property Forum
Redevco aims to grow its mandates and portfolio to €10 billion by 2025 from €7.5 billion currently, by launching a drive into new real estate sectors beyond retail. Third-party investors now comprise 40% of Redevco’s capital base at €2.8 billion, compared with zero six years ago. The company is extending the opening of its investment platform to like-minded investors and will consider a variety of investment vehicles to broaden its investor base, with an initial focus on joint ventures.
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News Record year for student housing, 2020 is set to be even stronger
30
Jan
2020

Record year for student housing, 2020 is set to be even stronger

by Property Forum
Student housing continued its record growth last year, booking over €9bn in international transactions, excluding the US. As student numbers are growing faster than supply, the asset class remains a top-4 sector prospect for investments in 2020, as shown by a recent study carried out by global research specialist Bonard.
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News Property Forum joins World Workplace Europe 2020 as media partner
24
Jan
2020

Property Forum joins World Workplace Europe 2020 as media partner

by Property Forum
The International Facility Management Association (IFMA) and its alliance partner Facility Management Netherlands (FMN) have announced that in 2020 World Workplace Europe will again be held at the Kromhouthal in Amsterdam, 18 to 20 March. Property Forum is proud to support the event as media partner.
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News Savills IM prefers long-lease income as economic growth slows
15
Jan
2020

Savills IM prefers long-lease income as economic growth slows

by Property Forum
Savills Investment Management prefers long-lease income streams in 2020 instead of value-add and opportunistic strategies that depend on economic and strong employment prospects. The international real estate investment manager published its market outlook.
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News Värde Partners to sell luxury hotels in Budapest and Prague
13
Jan
2020

Värde Partners to sell luxury hotels in Budapest and Prague

by Property Forum
Värde Partners, a leading global alternative investment firm, entered into a definitive agreement to sell a portfolio of eight luxury hotels operating under The Dedica Anthology brand to Covivio, a European real estate operator, through its subsidiary Covivio Hotels. The portfolio includes New York Palace and New York Residence in Budapest and Carlo IV in Prague.
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News GIC scales up P3’s logistics platform through €950 million acquisition
16
Dec
2019

GIC scales up P3’s logistics platform through €950 million acquisition

by Property Forum
GIC, Singapore’s sovereign wealth fund, has signed an agreement to acquire a pan-European logistics real estate portfolio (Maximus) from funds managed by affiliates of Apollo Global Management, Inc., a leading global alternative investment manager, for a net consideration of approximately €950 million. This acquisition is in line with GIC’s strategy to scale up its fully-owned P3 logistics platform and reinforce P3’s position as a leading developer and manager of logistics properties in Europe. 
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News Prologis implements CEE-based proptech solution across Europe
09
Dec
2019

Prologis implements CEE-based proptech solution across Europe

by Property Forum
Poland-based proptech company Velis Real Estate Tech announced that its facility management software Singu FM has been implemented across Prologis’ EU portfolio and six U.S. markets. Prologis is a global leader in logistics real estate with a focus on investing in technology that helps customers solve their pain points and run their businesses as efficiently as possible. 
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News Office take-up in Prague set to fall in 2019
04
Dec
2019

Office take-up in Prague set to fall in 2019

by Property Forum
European office take-up is forecast to reach 9.2 million sqm by the end of 2019, down 4% from 2018’s end-year volume. Prague is expected to exceed that decline, with take-up predicted to fall by 22% to 400,000 sqm as demand for office space in the Czech capital continues the downward trend that began in Q2, according to the latest Savills research.
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News Eating out drives real estate demand
13
Nov
2019

Eating out drives real estate demand

by Property Forum
A Europe-wide proliferation of new eating and drinking concepts is driving demand for real estate, according to new research published by Colliers International.
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Latest news


New leases

  • 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.
  • SNF, a company operating in the beauty sector, has renewed its lease for approximately 2,300 sqm of warehouse and office space at Prologis Park Poznań I. Axi Immo represented the tenant in the transaction.

New appointments

  • 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.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.

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