There are several factors which put a break on the revival of the housing markets. Property Forum asked Guy Dymschiz, Co-Founder and Co-CEO of Duna House Group, active in Hungary and Poland, about the necessary steps from the states and the developers to overcome the mounting difficulties.
Waldemar Wasiluk, Vice-President of the Management Board and CFO of Victoria Dom, one of the largest residential developers in Poland, talked to Property Forum about the current difficult situation in the market, the interest of the PRS investment funds and the cautious approach of financing entities.
During the fifteen years YIT has been present in the Czech market, the company has seen a significant change in the behaviour of its clients, their demands and its emphasis on high quality. If we add to this the recent rise in energy and building materials prices, we are motivated to look for new materials with minimal environmental impact, says Dana Bartoňová, Sales Director of YIT Stavo in an interview with Property Forum.
Increase in flexible working patterns brought on by the Covid pandemic has had a positive influence on our ability to juggle these two competing pulls on our time and focus, says Clare Sheils, Managing Director of CBRE in the Czech Republic. She talked to Property Forum about market expectations, the ongoing energy crisis and being a woman in top management in real estate.
The current economic downturn may result in more mergers and acquisitions in most of the CEE countries. Owners of some hotels and retail centres may divest their assets to minimize loss. Property Forum asked Csaba Polacsek, Partner, Advisory Services at PwC Hungary about the mood of the possible buyers and the remaining risks in the coming years.
Katarzyna Zawodna-Bijoch, President and CEO of Skanska’s commercial development business unit in CEE has talked to Property Forum about the changing role of offices, skyrocketing energy prices and the incoming supply gap in the Polish office market.
Some players in the Hungarian commercial property sector have made significant steps to transform the industry, but the majority have failed to do so. Property Forum asked Zsombor Barta, President of the Hungary Green Building Council (HuGBC) about the way the entire industry should act to reach net zero as adopted by the European Union.
Some developers forecast that sales prices will increase in the future purely as a result of the zero-emission requirements currently being placed on buildings but there is no consensus as to what the ultimate effect will be. Robert David, Partner and Tomáš Kren, Senior Associate at Wolf Theiss’ Prague office talked to Property Forum about the increasingly important role ESG compliance plays in real estate transactions and potential regulatory changes that can affect the market.
The Managing Director of JLL Czech Republic expects a fairly quiet year in 2023 in the investment market. But in the industrial market, next year should be a strong one due to continued steady demand, says Andrew Peirson in an interview with Property Forum.
As we are seeing a slowing down of new office projects across Budapest and the region, occupancy has emerged as ‘king’, while energy efficiency has become the number one priority for both landlords and tenants. Property Forum asked Jake Lodge, Principal at Avison Young in Hungary about his view on the major changes in the local office market and the way landlords and tenants try to overcome mounting difficulties.
A popular brand joins the ranks of tenants at Galeria Bemowo in Warsaw. The Tchibo shop opened on Thursday, February 2nd. The store, with an area of over 155 sq m, is located on the ground floor.
Emons is expanding its network of logistics centres in the Czech Republic. As of February 2023, Emons opens a new logistics centre in Ostředek, leasing over 6,000 sqm of warehouse space in the Sázava Logistics Park.
OmniOffice, a serviced office provider, is joining the tenants of Warsaw UNIT. The company has leased 3090 sqm of office space in a Ghelamco high-rise building in the Polish capital.
New appointments
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.
Piotr Chemperek has joined the experts of the Office Space Department at Colliers Poland, taking the position of Associate Director. He will be responsible for advising companies in the medical sector.
Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Budapest, Bucharest, Bratislava and Prague, amongst other locations.
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