ARTICLES LABELLED WITH TAG Forton

News Bulgaria’s investment market to stay stable in 2023
09
Mar
2023

Bulgaria’s investment market to stay stable in 2023

by Property Forum
The Bulgarian commercial property market in 2023 will maintain activity around last year's levels. Main buyers are again expected to be local investors with sufficient funds or being able to obtain favourable credit terms. This is what Cushman & Wakefield Forton is forecasting for the period. C&W Forton estimates the total volume of commercial property transactions in 2022 to be just over €270 million. Transactions with traditional market assets – office and retail space – are predominant, while there is also a stir in the industrial property segment
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News Forton MKA brokers 14,000 sqm industrial lease in Skopje
06
Jul
2022

Forton MKA brokers 14,000 sqm industrial lease in Skopje

by Property Forum
Kromberg & Schubert’s new plant is to start production at the beginning of Q3 2022 in Skopje, North Macedonia. The transaction was assisted by Forton MKA, an alliance partner of Cushman & Wakefield for North Macedonia.
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News Sofia’s office market faces significant slowdown
05
May
2020

Sofia’s office market faces significant slowdown

by Property Forum
The office market in Sofia faces a significant slowdown, due to the economic uncertainty and weakening business activity caused by COVID-19, according to the latest market report of Forton, a strategic partner of Cushman & Wakefield for Bulgaria and Macedonia.
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News Period of stability on Bulgaria’s property market
17
Jan
2019

Period of stability on Bulgaria’s property market

by Property Forum
Stable rents and yields unscathed by increasing supply of office and industrial space – this is what Cushman & Wakefield Forton expects to see on the Bulgarian commercial property market in 2019, according to the company’s latest forecast.
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News Bulgarian investors buy Sofia office building
06
Feb
2018

Bulgarian investors buy Sofia office building

by Import Sys
Avestus Capital Partners, an Irish real estate investment and asset manager, sold a landmark office building in the heart of Sofia. Moskovska Business Center changed its owner after several months of negotiations with strong interest from local and foreign investors. The buyer is a Bulgarian company owned by private investors with interests in different fields of business. The transaction price has not been disclosed. Cushman & Wakefield Forton acted as an exclusive advisor to the seller.
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News Year of records and positive prospects for Bulgaria
31
Jan
2018

Year of records and positive prospects for Bulgaria

by Import Sys
2017 was a record breaking year for the Bulgarian office market with almost 200,000 sqm take-up in Sofia. The investment volume has also been the strongest ever with €1 billion invested in commercial property (land acquisitions included) from which income generating assets hold €870 million. Cushman & Wakefield Forton summarised 2017 on the Bulgarian office, retail and industrial markets.
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News Bulgaria is definitely back on the map
30
Oct
2017

Bulgaria is definitely back on the map

by Ákos Budai
The Bulgarian property market is booming with the total transaction volume expected to exceed €1 billion in 2017. The outlook for the future is highly positive: strong demand, underpinned by solid economic growth, encourages developers to start new projects in all segments of the market.
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News C&W and Forton extend affiliation in SEE
27
Apr
2017

C&W and Forton extend affiliation in SEE

by Ákos Budai
Cushman & Wakefield has renewed and rebranded its exclusive arrangement with Forton as its affiliate in Bulgaria and Macedonia. The formal affiliate appointment follows the 2015 global merger of Cushman & Wakefield and DTZ. Forton has been Cushman & Wakefield’s partner since 2006. From today, Forton will rebrand as Cushman & Wakefield Forton.   
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News Vacancy increases in Sofia shopping centres
11
Nov
2016

Vacancy increases in Sofia shopping centres

by Ákos Budai
Large leases and the rebranding of City Center Sofia marked the Bulgarian retail property market in the third quarter. The demand for prime space remained strong fuelled by the increasing consumption in the main cities, while the supply didn’t change. Fashion and shoes, as well as health & beauty were the most rapidly growing categories in terms of new stores. The FMCG sector was driven mainly by the appetite of the fast growing retailers to occupy the niche vacated with the exit of Carrefour and Penny Market, as well as the reorganisation of Piccadilly. Forton has published its Bulgaria retail market snapshot for Q3 2016.
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Latest news


New leases

  • MAGNOR, a holding company with 100% Romanian ownership, has opened a new location in Iulius Mall, Cluj-Napoca. The launch of the new retail space is part of the company's strategy to expand its network of stores in key urban centres across Romania.
  • CA Immo has signed two lease agreements totaling around 4,400 sqm in the iconic Danube House in Riverside Karlín, Prague. Allegro will occupy two floors of the building, while Intersnack, an existing tenant, is expanding its office space within Danube House.
  • M Hospital is inaugurating a new imaging centre at Bucharest-based AFI Cotroceni Mall. The company also operates a similar centre in Veranda Mall.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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