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News It’s time to forget about political risk in CEE!
12
Jan
2017

It’s time to forget about political risk in CEE!

by Ákos Budai
Looking at what is going on in world politics, TriGranit’s CEO finds it difficult to comprehend why many still stress the political risk factor when talking about the Central European real estate market. He’s optimistic about the future and expects further diminishing returns on investment, along with new investors appearing in Budapest. Árpád Török talked to us about plans for developing TriGranit and the future of the real estate market.
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News Poland: stronger than ever?
06
Oct
2016

Poland: stronger than ever?

by Ákos Budai
The Polish property market has long been the region’s frontrunner and it seems like that nothing can slow it down. In spite of all the fears of last year related to political instability and the Warsaw office market getting potentially overheated, investment volumes are up significantly and development activity is stronger than ever. Piotr Mirowski, Director of CEE Investment Services at Colliers International Poland talked to us about the country’s investment market. 
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News Can CEE emerge as one of the winners of Brexit?
15
Sep
2016

Can CEE emerge as one of the winners of Brexit?

by Ákos Budai
The United Kingdom’s decision to leave the European Union dominated property news cycles over the summer. After the initial shock things have somewhat cooled down but it is still uncertain to what extent will London loose its position as the capital of the European real estate market. The first figures show that although investors have started acting a bit more cautiously they are just as hungry for yields as they have been before the referendum took place. Benjamin Perez-Ellischewitz, Head of Capital Markets at JLL Hungary has talked to us about the potential effects of Brexit on European property markets. 
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News What’s ahead for Bulgaria?
01
Sep
2016

What’s ahead for Bulgaria?

by Ákos Budai
International investors seem to have rediscovered one of the biggest and most important markets of Southeastern Europe that have matured a lot over the past few years. Michaela Lashova MRICS, CEO of Forton (an Alliance Partner of Cushman & Wakefield for Bulgaria and FYROM) and RICS SEE Ambassador talked to us about the present and future of the Bulgarian commercial property market. 
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News What's next for the Czech and Slovak markets?
13
Jul
2016

What's next for the Czech and Slovak markets?

by Ákos Budai
Central European commercial property markets are expected to attract even more investors than last year and the competition among countries is fiercer than ever. What does it take to change lost lasting perceptions and secure interest from international buyers? Andy Thompson MRICS, Director of Investment Services at Colliers International talked to us in Bratislava about recent developments on the Czech and Slovakian markets.
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News How a 3-billion-euro megaproject will completely transform Belgrade
11
May
2016

How a 3-billion-euro megaproject will completely transform Belgrade

by Ákos Budai
More and more cities around the world are rediscovering the potential that lies in their waterfronts. Transforming old and dysfunctional industrial zones into lively areas with mixed uses has been trending for many years now and the Serbian capital has one of the most ambitious waterfront plans in the world. When new first broke about Belgrade Waterfront in the middle of the financial crisis few believed that the ambitious plans of Abu Dhabi-based developer, Eagle Hills would ever materialise. In 2016 however the wheels of the 1.8-million-square-metre megaproject are already set in motion, completely transforming the Serbian capital. Nikola Nedeljkovic, General Manager of Belgrade Waterfront talked to us about the 3-billion-euro development.
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News Budapest must prove itself again as a core CEE market
04
May
2016

Budapest must prove itself again as a core CEE market

by Ákos Budai
2015 has proven to be a turning point for both the Hungarian commercial property market and for Cushman & Wakefield, which has merged with DTZ. Adrian Limp MRICS, Head of Valuation & Advisory at Cushman & Wakefield Hungary talked to us about valuation practices in a recovering market.
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News How valuation and measurement standards can be raised in CEE
20
Apr
2016

How valuation and measurement standards can be raised in CEE

by Ákos Budai
RICS, hand in hand with other global organisations, is constantly working to raise the quality of property valuation and measurement standards. In several countries, RICS valuers are already required to join Valuer Registration, while IPMS for office buildings is being implemented in many different parts of the world. But when will these innovations result in better professional practices in Central and Eastern Europe? Maarten Vermeulen FRICS, Managing Director of RICS EMEA, CIS & Russia talked to us at the Portfolio - RICS Property Valuation 2016 conference in Budapest.
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News What to expect in Albania
27
Sep
2015

What to expect in Albania

by Ákos Budai
Would you have thought that many well know luxury brands have opened stores in Tirana before entering Budapest? This is especially interesting considering the fact that Hungary has a retail stock of 1.3 million square metres compared to 205 thousand square metres in Albania. Through our questions, Stela Dhami, Managing Partner at Colliers International Albania is introducing the property market of a country that is usually off the radar.
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Latest news


New leases

  • International luxury brand Rituals is joining the IULIUS retail network. This autumn, it will open new stores in the mixed-use developments Iulius Town Timișoara and Palas Iași, as well as in Iulius Mall Cluj.
  • Stay Fit Gym has leased approximately 1,000 sqm for a new fitness centre, which will open in the Family Market Tomești retail park, developed by Iulius in the Iași region.
  • Agricola Group, one of Romania's largest producers of chicken, cured meats, and ready-meal products, has signed a lease agreement for 5,400 sqm in ELI Park Bacău, within the ELI Parks portfolio.

New appointments

  • Cushman & Wakefield has strengthened its Warsaw-based Capital Markets team, led by Paweł Partyka, with the appointments of Jakub Grabara and Natalia Wołyniec. The new hires will support the company in delivering transactional advisory services across the commercial property market.
  • 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.

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