The Polish warehouse market remained stable in Q1 2022, with a slight decrease observed on the demand side with 1.56 million sqm leased (-2.5% y/y). On the supply side, developers completed over one million sqm (+44% y/y) projects. A record-breaking 4.9 million sqm remains under construction, with factors such as inflation and rising material and contractor prices driving rental rates up. Not without matter for the entire sector is the geopolitical situation behind Poland's south-eastern border, which may temporarily increase the demand of tenants relocating their business from Eastern Europe in the following quarters of the year. AXI IMMO presented the results of the Polish warehouse market in the period January - March 2022 in the report "Polish Warehouse Market in Q1 2022".

Radomił Charzyński, Partner, Real Estate Practice and Deputy Managing Partner at Greenberg Traurig Poland talked to Property Forum about the impact of the war in Ukraine on the Polish property market, current financial conditions and consolidation forecasts.

Centerscape Investments has closed the acquisition of a retail park portfolio from Hunter REIM. Avison Young represented the seller in the transaction.

CPI Property Group is going into large-scale renovations of shopping centres to reduce costs and improve food courts. The Nisa shopping centre in Liberec is to undergo extensive reconstruction for a cost of CZK 1 billion. The Futurum shopping centre in Hradec Králové is to be modernised at a cost of CZK 200 million. This is another of the planned modernisations of shopping centres to make them more attractive to customers and bring higher profits, reports the daily E15.

As part of its 2022 Savills "Impacts" research programme, the global logistics sector has the wind behind it for the foreseeable future, with the main drivers being ecommerce, and the race for additional warehouse space to secure international company supply chains.

Cavatina Group starts Cavatina International and plans to expand its portfolio of the living sector’s projects not only in Poland but also in foreign markets. Jason Drennan, a manager with more than 20 years of investment experience in Europe and the US, and more than 15 years connected with the real estate market will be responsible for the new platform development. First, together with leading international institutional investors, the company intends to expand its current portfolio of apartments for rent created under the Resi Capital brand from 2,000 to 10,000 units, focusing on environmentally certified projects.

Geopolitical and economic challenges are not leaving the commercial real estate market unaffected. But how will these major global changes impact the Czech investment market in 2022? This is the question an expert panel, moderated by Mark Richardson (Colliers), at Prague Property Forum 2022 tried to answer.

Xior Student Housing has signed a deal with Basecamp Group, European Student Housing Fund I and European Student Housing Fund II to purchase Basecamp's portfolio of private student accommodation for €939 million.

Seldom does a “one size fit all” approach work in ESG, says Adam Targowski MRICS, CTP’s recently appointed Group Head of ESG. He talked to Property Forum in detail about the meaning of these three magic letters for him and the company.

Net profit of PLN 51 million, an increase in the value of office projects under construction and handing over to customers 399 apartments – this is a brief summary of Q1 2022 results of Echo Investment Group. The developer also published its second sustainability report where it summarised last year's achievements and results in the areas of environmental, social and corporate governance.