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News How can occupiers handle service charge increases across CEE?
27
Oct
2022

How can occupiers handle service charge increases across CEE?

by Property Forum
As service charge budgets are set for 2023, occupiers and landlords with vacancy can expect significant operational cost increases across their real estate portfolios. Property Forum talked to Ryan Wray MRICS, Principal at Avison Young Czech Republic to understand what you can do to make savings and get better value from your budget.
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News Czech retailer empties stores to protect inventory
12
Nov
2020

Czech retailer empties stores to protect inventory

by Property Forum
C2H, the company that owns the Kara and Pietro Filipi fashion stores in the Czech Republic, has recently emptied its 58 stores in the country to prevent landlords it owes rent to from seizing its inventory as security for payments.
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News Currency depreciation could hit occupiers hard in CEE
24
Mar
2020

Currency depreciation could hit occupiers hard in CEE

by Property Forum
The COVID-19 pandemic continues to cause multiple disruptions to the world’s industries and economies and this is also true for many CEE currencies. Those countries that have not adopted the Euro, or are not pegged to it, have each seen a ca. 10% depreciation in currency value during the period February to March 2020. The Romanian Leu is the exception which has depreciated just 1%, largely due to central bank intervention, Colliers reports in its CEE Special Insights Series.
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News Cresa to enter Poland by opening Warsaw office
12
Jul
2017

Cresa to enter Poland by opening Warsaw office

by Ákos Budai
Cresa, a tenant-only real estate advisor, will open an office in Warsaw this autumn. Piotr Kaszyński, who has 20 years’ experience in the real estate sector, will lead the Polish office.
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News Colliers Hungary welcomes Michael Smithing back
06
Jul
2017

Colliers Hungary welcomes Michael Smithing back

by Ákos Budai
Colliers International Hungary announced that Michael Smithing has returned to the Office Agency Team as Director of Landlord Representation, effective immediately.
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News Tenant representation - An ethical landmine?
11
May
2017

Tenant representation - An ethical landmine?

by Ákos Budai
Tenant representation is becoming an increasingly common phenomenon on the office markets of Central Europe, which is without a doubt a sign of a healthy, growing and more educated market. Their activity, however, often raises ethical questions as it’s still often unclear who pays for their services. Conflict of interest in tenant representation has been one of the key topics of two regional events: the Property Forum - RICS Prague Property Summit 2017 and the latest RICS Hungary Tea & Talk in Budapest.
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Latest news


New leases

  • Kraków's Nowe Czyżyny centre will be home to a new brand from the sports segment. The Newbridge leasing department has signed a lease agreement with 4F. In recent weeks, Monnari, Triumph and W.Kruk have also debuted in the facility, while Empik is preparing to open a store.
  • ROCKWOOL is expanding its office space in the Nowy Rynek D building, developed by Skanska in Poznań. In 2020, a competence centre was established on an area of 6,000 sqm. Now, the company has decided to lease additional 900 sqm.
  • Primark has opened the doors of its fourth shop in Poland for the first time in Katowice's Silesia City Center. The store occupies more than 3,600 sqm of retail space.

New appointments

  • Tezenis brand has joined the tenants of Galeria Warmińska. This is the first showroom of this Italian brand in Olsztyn in Poland. The new boutique occupies an area of approximately 190 sqm.
  • Anna Trębicka will be responsible for the integration of all CBRE business lines in the Łódź region in Poland, as well as the development and proper functioning of the Łódź branch.
  • 108 Agency announced the appointment of Petr Jílek as the new Head of Property Management for the Czech Republic.


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