The bull run in the European residential sector that was fueled by low interest rates in the past decade has been coming under strong pressure from ECB rate hikes, with valuations stagnating due to the wide gap in expectations between most buyers and sellers, according to research by property fund Catella.
In recent weeks, three new tenants have joined the ranks of tenants at the RONDO Shopping Centre in Bydgoszcz, Poland. Gudi Home, Pink Box and Piekarnia Grochola Prawdziwy Chleb have signed lease agreements for premises with a total area of nearly 1,700 sqm.
Nearly 700 sqm of Infinity’s office space in Wrocław will be occupied by a team from ingage Poland software company. The new tenant has decided to lease office space located on the fifth floor of the building.
Auchan Romania has leased 2,600 sqm on the ground floor of the second phase of the U•Center office project in Bucharest.
New appointments
Florin Suicescu has been named COO of Forty Management. With over 30 years of management experience, he has held senior positions in real estate and hotel developments.
Daniel Rutkowski joined Walter Herz Investment Advisory Department, currently consisting of six people, and took the position of Development Manager. He will be responsible for searching for and acquiring investment projects, developing investment potential analysis and building the value of real estate.
Dariusz Proniewicz has joined MDC2's team of experts to take on the position of Development Director BTS, with responsibility for the development of BTS investments.
Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Budapest, Bucharest, Bratislava and Prague, amongst other locations.
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