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News Investors go for alternatives in CEE
29
Aug
2018

Investors go for alternatives in CEE

by Ákos Budai
Alternative investment products have been slowly growing in popularity for some time now in CEE. As clients look for new types of services from advisory firms, this trend is here to stay. Jonathan Hallett MRICS, Executive Partner | Head of Central & Eastern Europe at Cushman & Wakefield talked to Property Forum about business lines, technology and competition.
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News Digital transformation on Prague’s office market
15
Aug
2018

Digital transformation on Prague’s office market

by Ákos Budai
One of the most active developers of Prague’s office market is ready to embrace the digital transformation and is actively looking at new projects and new locations. Alexandra Tomášková, Managing Director of Skanska Property Czech Republic talked to Property Forum about changing tenant needs, digitisation and market expectations.
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News Poland’s retail market attracts new brands
18
Jul
2018

Poland’s retail market attracts new brands

by Property Forum
A good location is the key to success in retail. It may, however, take some time before a suitable store is found for a brand entering the Polish market. Most brands want to open their first stores in Warsaw. That’s why retailers would rather wait than start off somewhere else, says Szymon Łukasik, Head of Retail Department at Cresa Poland.
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News Online retailers will need to get used to higher rents
28
Jun
2018

Online retailers will need to get used to higher rents

by Ákos Budai
One of the most active industrial and logistics developers of the region has announced major expansion plans for Hungary this year. CTP hopes to increase the value of its Hungarian portfolio to €320 million by the end of 2018 from the current €250 million. Rudolf Nemes, CTP’s Country Manager for Hungary talked about changing tenant needs and challenges on the labour market.
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News Robots won’t be able to fully replace valuers
05
Jun
2018

Robots won’t be able to fully replace valuers

by Ákos Budai
Valuers are often listed among the professionals most likely to be affected by technology but few believe that all of their tasks can be done by robots. Stewart Thomson, Country Head for the Czech Republic at BNP Paribas Real Estate shared his expectations for the investment market and the future of the valuation business.
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News Chinese and Korean investors target Prague actively
16
May
2018

Chinese and Korean investors target Prague actively

by Ákos Budai
Investor demand remains very strong on the Czech market and it seems that the only thing that can limit further growth is the lack of available product in most market segments. Mike Atwell, Regional Director, Head of Capital Markets Czech Republic and Leader Director CEE Capital Markets at JLL shared his expectations for the Czech market.
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News Prague and Warsaw lead the way in student housing
14
May
2018

Prague and Warsaw lead the way in student housing

by Ákos Budai
In recent years student housing has emerged as a highly attractive investment product on European markets. With the number of international students set to grow further and supply still limited, the future of this asset class seems bright. Stefan Kolibar, Head of Marketing at StudentMarketing talked about recent market developments.
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News Czech Republic needs to get ready for a more digitised marketplace
26
Apr
2018

Czech Republic needs to get ready for a more digitised marketplace

by Ákos Budai
Although the Czech property investment market continues to boom, it is likely that the total investment volume for 2018 will be lower than it was in 2017. Omar Sattar MRICS, Managing Director of Colliers International Czech Republic shared his predictions for the future of the Czech investment market.
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News Brick and mortar retail is far from dead
12
Apr
2018

Brick and mortar retail is far from dead

by Ákos Budai
With consumer habits changing rapidly and technology reshaping the entire real estate industry, the only way for shopping centres to stay in the race is to innovate. Ingo Nissen, Sonae Sierra’s Managing Director for Romania talked about the future of retail and the Romanian retail market in particular.
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News CTP to continue heavy expansion, CEO says
09
Apr
2018

CTP to continue heavy expansion, CEO says

by Ákos Budai
The CEO of CTP believes that logistics is a future-proof investment product that can make or break a company's success. The developer is moving ahead with full speed and hopes to increase its portfolio to 8 million sqm within the next few years. Remon Vos talked to Property Forum in Budapest about current plans and the future of industrial/logistics as an asset class.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

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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