ARTICLES LABELLED WITH TAG JLL

News Prague resi market sees more constrution in 2022 but sales fall
03
Nov
2022

Prague resi market sees more constrution in 2022 but sales fall

by Property Forum
Prague's residential market is seeing record construction this year, with more housing starts, but demand for apartments is slowing down. On the other hand, however, the growth of housing prices is slowing and mortgage interest rates are rising. This is also why the share of vacant flats supply in the Prague residential market has increased too, says JLL's regular report.
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News Prague office market grows by 21% in 9 months
03
Nov
2022

Prague office market grows by 21% in 9 months

by Property Forum
The Prague office real estate market reached several records in the first nine months of 2022. It marked year-on-year records in the growth of new office space, record demand from tenants, and even much more office space was leased this year than a year earlier, according to JLL's regular quarterly analysis.     
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News Retail parks segment in Poland proves to be stable
02
Nov
2022

Retail parks segment in Poland proves to be stable

by Property Forum
Trei Real Estate and Jones Lang LaSalle Poland jointly published a new market report on retail parks and convenience centres in Poland. Here are the key findings: Within the retail sector as a whole, investors focus primarily on retail parks, convenience centres, DIY stores and food markets. Prime yields for high-end retail parks have maintained a stable level between 6.5 and 6.75%. The Polish retail investment market saw five banner years of very strong investment volumes between 2015 and 2019, each achieving a transaction total of €2.0 billion to 2.5 billion. The year-end volumes of 2020 and 2021 were significantly lower at c. €750 million and €1.0 billion, respectively. By contrast, investments in 2022 already stood at c. €760 million by mid-year. Accordingly, Trei and JLL Poland feel optimistic about 2022 as a whole.
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News Czech industrial market breaks records in Q3 2022
02
Nov
2022

Czech industrial market breaks records in Q3 2022

by Property Forum
Inflation and the energy crises have not influenced the Czech industrial real estate market yet as the market broke two historical records in the period of Q3 2022. More than half a million sqm of new industrial space was completed and the vacancy rate fell below 1% for the first time in recorded history, says the newest JLL report.
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News Prague's prime office rents continue to rise
25
Oct
2022

Prague's prime office rents continue to rise

by Property Forum
Interest in office space in Prague is not slowing down. Office demand is growing by tens of percents year-on-year, the vacancy rate is slightly decreasing and over 190,000 sqm is under construction, according to the latest office market analysis for Q3 2022 by the Prague Research Forum.
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News Investors in Poland enjoy good public support
21
Oct
2022

Investors in Poland enjoy good public support

by Property Forum
Poland has one of the most attractive tax systems for innovators in Europe. According to the JLL report 'Made in Poland', a comprehensive guide for investors prepared in cooperation with partners: Polish Investment and Trade Agency, Hays and ALTO, when doing business in Poland, companies have many opportunities to obtain financial support from both domestic and EU sources. Reliefs and subsidies translate into increased interest in the Polish market. Last year was a record year in terms of investment, with projects in Poland with a total value exceeding €3.5 billion implemented with the participation of PAIH. This is €800 million more than last year and €700 million more than in the record year so far in 2019.
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News JLL appoints new Head of Capital Markets in Prague
10
Oct
2022

JLL appoints new Head of Capital Markets in Prague

by Property Forum
JLL has announced that Robert Paulson has been appointed Head of Capital Markets for the Czech Republic. In a move to support the growth and evolution of its Capital Markets business across the region, Rob’s appointment is effective immediately.
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News Property investments in Romania up 16.5% by Q3 2022
06
Oct
2022

Property investments in Romania up 16.5% by Q3 2022

by Property Forum
Investment transactions in Romania’s commercial property sector amounted to €656 million in the first three quarters of 2022, which was up 16.5% compared to the same period of last year, with offices driving deal volumes, according to real estate consultancy JLL Romania. 
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News Polish retail parks and convenience centers grow very fast
04
Oct
2022

Polish retail parks and convenience centers grow very fast

by Property Forum
Retail parks and convenience centers emerged as the most resilient retail sector during the COVID-19 pandemic, with customers putting an emphasis on quick and efficient shopping. The development of the Polish retail market continues apace, with the retail park format taking the lead in terms of stock expansion. In H1 2022, developers completed 183,200 sqm of GLA of new retail space, 66% of which was delivered in the form of retail parks and convenience centers dedicated to everyday, quick shopping. However, another 341,700 sqm of GLA is expected to enter the market by the end of 2022, with retail parks accounting for 53% of this total. 2022 could well be another record-breaking year for this segment in terms of space delivered to the market.
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News Hybrid working is here to stay
29
Sep
2022

Hybrid working is here to stay

by Property Forum
As many as 60% of office workers want a hybrid model of work, with 55% having previously worked in this manner. The pandemic has introduced revolutionary changes in the way we work, forcing companies to rapidly adapt to this shift in working patterns. After more than two years, the time has come to reflect and develop a working model that both supports an organisation’s business goals and responds to employees’ expectations. 
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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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