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News Bucharest’s office market sees accelerated yield compression
04
Mar
2022

Bucharest’s office market sees accelerated yield compression

by Ovidiu Nicolae
One United Properties continues to develop its Bucharest-based office portfolio which has reached an estimated value of almost €400 million. Property Forum spoke with Mihai Păduroiu, CEO of the Office Division of One United Properties, about the transformation in the office market triggered by the pandemic and the drivers of demand going forward.
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News WDP sees significant potential in Romania’s logistics market
01
Mar
2022

WDP sees significant potential in Romania’s logistics market

by Ovidiu Nicolae
With around 122,000 sqm of new industrial space under development in Romania, WDP is seeing growing demand across its entire portfolio. Property Forum talked to Gijs Klomp, Business Development Manager at WDP Romania, about the new demand drivers and the investment potential in areas where infrastructure development is accelerating.
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News Investing in sustainability is necessary – and it makes financial sense too
28
Feb
2022

Investing in sustainability is necessary – and it makes financial sense too

by Ákos Budai
There is scepticism in the market regarding the correlation between sustainability and financial performance but it is beneficial to be sustainable if you consider the overall life-cycle of the building, explains Oana Stamatin, ESG Chief Officer | CEE & Romania at Colliers. She talked to Property Forum about the challenges and opportunities owners of real estate face in striving for ESG compliance. 
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News Retail is evolving towards experience and service
24
Feb
2022

Retail is evolving towards experience and service

by Michał Poręcki
Maxim Shkolnick, General Partner at CEE-based retail investor Focus Estate Fund talked to Property Forum about recent acquisitions in Poland, the Covid-driven evolution of the retail market and the astonishing popularity of convenience centres among investment funds.
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News ESG will force all market players to level up their buildings
23
Feb
2022

ESG will force all market players to level up their buildings

by Ákos Budai
S IMMO has recently made major commitments towards building a fully ESG-compliant office portfolio in Budapest with a large acquisition and an ambitious green energy initiative. Géza Barabas, Country Manager of S IMMO Hungary talked to Property Forum about upcoming investment plans and the company’s ESG strategy for the Hungarian market.
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News ESG: To future proof an asset, you have to take action today
21
Feb
2022

ESG: To future proof an asset, you have to take action today

by Ákos Budai
There is a belief that ESG costs money but in fact, the opposite can be true, says Stefan de Goeij, Head of Property Management at Avison Young in the Czech Republic. He talked to Property Forum about compliance, commitment and tackling all the components of ESG in the real estate industry.
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News Development is all about managing risks
18
Feb
2022

Development is all about managing risks

by Michał Poręcki
Development margins in Poland have been under pressure in recent years which is taking effect in a smaller number of projects under construction with planned occupancy dates in 2022 and 2023. Property Forum talked to Mariusz Frąckiewicz, Country Director at Avestus Real Estate Poland about the post-Covid office market in Poland, the impact of inflation and surging land prices.
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News Futureal Investment Partners wants to expand its portfolio in CEE
16
Feb
2022

Futureal Investment Partners wants to expand its portfolio in CEE

by Michał Poręcki
Karol Pilniewicz, Chief Investment Officer of Futureal Investment Partners talked to Property Forum about entering the investment market, the condition of the retail sector after two years of pandemic restrictions and current financing conditions.
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News B+N invests in innovation and plans expansion across regional markets
02
Feb
2022

B+N invests in innovation and plans expansion across regional markets

by Property Forum
COVID-19 has significantly changed what clients are looking for across different real estate sectors, including facility management. Libor Holík, CEO of B+N Czech Republic and Slovakia talked to Property Forum about current challenges and opportunities in the facility management business.
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News With rising inflation, investors need to keep an eye on rental growth
01
Feb
2022

With rising inflation, investors need to keep an eye on rental growth

by Michał Poręcki
Robert Snincak, Head of Investment Operations CEE and Krystian Pachowka, Head of Logistics Asset Management CEE at CBRE Investment Management talked to Property Forum about the current investment trends in CEE countries, the rise of the warehouse and PRS markets in Poland and the recent changes in financing conditions.
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Latest news


New leases

  • EPP's Outlet Park Szczecin, the only outlet centre in Western Pomerania, is strengthening its fashion offerings by signing agreements with three brands previously unavailable in the region. JACK & JONES and Evenemen, with their men's fashion collections, and the premium optician OUTLY, have already opened their stores. eobuwie will also join the tenant roster this fall. VENEZIA, TATUUM, WITTCHEN, and Pako Lorente are also continuing their partnerships with the centre, significantly expanding their stores, while Lee Wrangler and German Optiker are moving to new locations. The new agreements and extensions cover a total area of nearly 1,800 square meters.
  • mFinanse S.A. has extended its current lease at the LIFE_Building in Warsaw and expanded its office space. As of July this year, the mBank Group company will occupy a total of 350 sqm in the building owned by VIG Fund. During the transaction, VIG Fund was represented by JLL, the exclusive leasing agent for LIFE_Building, while Deloitte Legal provided legal advisory services.
  • Stay Fit Gym, the largest fitness chain in Romania and Eastern Europe, is launching a new premium concept for those seeking high-end facilities. The brand is debuting its first "Black" type centre in the Palas Iași mixed-use complex, owned by Iulius.

New appointments

  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.
  • Tomasz Chojnacki, a commercial property expert with nearly 20 years’ experience, has joined international real estate advisory firm Newmark Polska as Regional Director for Southern Poland in its Office Department, with effect from 1 August. His key responsibilities include representing office tenants during relocations and lease renegotiations.

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