News GTC obtains BBB- rating from Fitch  and BA1 from Moody's

GTC obtains BBB- rating from Fitch and BA1 from Moody's

by Property Forum
Globe Trade Center announced today that it has been assigned an investment grade rating of BBB- with a Stable Outlook by Fitch Ratings and Ba1 with Positive Outlook rating by Moody’s Investors Service.
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News Croatia, Bulgaria and Romania to gain the most from more EU funding

Croatia, Bulgaria and Romania to gain the most from more EU funding

by Property Forum
An increase in European Union funding available to Central and Eastern European governments will boost GDP growth, suppress debt burdens and improve debt affordability, although implementation challenges will hinder gains in some countries, Moody's Investors Service said in a new report.
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News CEE economies to grow robustly in 2021 and beyond

CEE economies to grow robustly in 2021 and beyond

by Property Forum
The stable 2021 outlook for sovereigns in Central and Eastern Europe (CEE) reflects their robust economic growth prospects and strengthened ability to carry and reduce debt, which make their credit profiles resilient to the sharp deterioration of their public finances in 2020, Moody's Investors Service said in a report published today. Ageing populations and structural economic change will remain longer-term challenges for the region.
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News Economic growth fuels CEE investment sentiment

Economic growth fuels CEE investment sentiment

by Property Forum
Europe’s commercial property market is enjoying a favourable operating environment supporting its credit quality but risks are increasing. Rising interest rates and slowing economic growth could dampen future investor demand, according to Moody’s latest report.
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Latest news

New leases

  • International IT company Sollers Consulting has moved its regional Kraków office to the Browar Lubicz complex. The new office will occupy more than 1,200 sqm of space.
  • Another brand is joining the ranks of new stores in the expanded Turawa Park retail park near Opole (southern Poland). The Tedi chain store will occupy a unit of about 920 sqm.
  • The PZO II mixed-use project in Warsaw has again been fully commercialized. The new tenant, Cichy-Zasada Group, has leased nearly 1,000 sqm of space on the first floor of the building.

New appointments

  • Savills has announced significant changes and promotions within its investment advisory, valuation, communication, and marketing departments in Poland. Karina Szafrańska has been promoted to Head of Valuations and Małgorzata Lińska-Bator has been promoted to Director in the Investment Department. Additionally, Marta Kołodziejska has been appointed the new Head of Marketing & Communication.
  • Residential developer STC Partners has appointed Elena Palade as Sales Director, while Bogdan Băzărea is the new Technical Director of the company. Palade has over 10 years’ worth of experience in real estate sales, while Băzărea’s career spans more than 20 years.
  • At the beginning of July, Jesika Mackiewicz took the position of Business Manager of Warsaw projects at Matexi Poland. She will be responsible for development of the company portfolio of residential projects and land purchases.


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