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News SIOR leadership on market trends, membership growth, and industry shifts in Europe
03
Dec
2024

SIOR leadership on market trends, membership growth, and industry shifts in Europe

by Ákos Budai
At the recent Expo Real, leaders from the Society of Industrial and Office Realtors (SIOR) shared insights into emerging trends in the commercial real estate market, highlighting shifts in market sentiment, key industry trends, and the organization’s strategic membership growth across Europe. In a discussion with Property Forum, Robert Thornburgh, CEO of SIOR, Iain Finnegan, European Region Chapter President and founder of Finnegan Menton, and Matthew Leguen de Lacroix, Head of Business Development for SIOR in EMEA, discussed the evolving industrial and office investment landscape.
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News Tenants accept longer office leases only with greater flexibility
30
Apr
2024

Tenants accept longer office leases only with greater flexibility

by Maria Novakova
The changing dynamics of office utilisation and the need to balance efficiency and collaboration are hot topics not only for employers but for office providers as well. Resistance of employees returning to the office environment is still both a concern and a challenge. Office investments and a new age of working were the main discussion points at a dedicated panel of Prague Property Forum 2024.
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News Vastint starts second phase of Bucharest office project
13
Mar
2024

Vastint starts second phase of Bucharest office project

by Property Forum
Vastint Romania will start the development of the second phase of the Timpuri Noi Square project in Bucharest after it secured all permits. 
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News Prague new office supply hits three-year high
23
Nov
2023

Prague new office supply hits three-year high

by Property Forum
In Q3 2023, the Prague office market grew by more than 60,000 sqm of modern offices. This was the best result since mid-2020. No further similar peak is expected in the next three years at least, as no new construction has started for more than a year. Although investors are placing increasing emphasis on the sustainability of buildings, benchmark rental prices are not changing fundamentally, while landlords are trying to attract more generous allowances or longer lease holidays, Colliers reports.
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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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