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News - Hungary's 'mall stop' amendment affects fewer retailers than expected
26
Aug
2025

Hungary's 'mall stop' amendment affects fewer retailers than expected

by Ákos Budai
The Hungarian government has adopted an amendment to the regulation known as the “mall stop,” narrowing its impact compared to the earlier draft. The new decree (274/2025. VIII.18.) will require new owners or tenants of commercial units larger than 400 sqm to obtain a change-of-use permit only if the premises are operated as stores selling daily consumer goods. The regulation takes effect on 17 September 2025.
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News - Hungarian gov’t proposes much stricter regulations on large retail developments
12
Jun
2025

Hungarian gov’t proposes much stricter regulations on large retail developments

by Property Forum
The Hungarian government has submitted for public consultation a proposal to amend the regulation commonly referred to as the “mall stop” (Government Decree No. 143/2018 (VIII.13.)), which governs the operation of commercial units larger than 400 sqm. The consultation period closed on 10 June. Legal experts from international law firm Taylor Wessing have analysed the potential implications of the proposed changes.
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News - Hungarian gov't considers tightening Airbnb regulation
17
Sep
2024

Hungarian gov't considers tightening Airbnb regulation

by Property Forum
"Airbnb is a housing issue, not a tourism issue, so that's not how we approach it," said Márton Nagy, Hungary's Economy Minister at a press conference on Tuesday. He stressed that they can agree with Alexandra Szentkirályi, president of Fidesz-KDNP in Budapest, who had said earlier that whatever the decision, she would propose to the government to introduce corresponding rules in Budapest and nationally.
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News - EP adopts building sector decarbonization plan for energy efficiency
13
Mar
2024

EP adopts building sector decarbonization plan for energy efficiency

by Property Forum
Members of the European Parliament adopted plans agreed upon with the EU Council, which will contribute to reducing energy consumption and greenhouse gas emissions in the buildings sector, according to a statement from the European Parliament.  
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News - How can real estate SMEs prepare for ESG disclosure rules?
02
Feb
2024

How can real estate SMEs prepare for ESG disclosure rules?

by Property Forum
As the European Commission expands its Environmental Social and Governance (ESG) initiatives, most of the focus has been on how they affect large banks and corporations. However, the financial and corporate accountability rules are very relevant for small and medium-sized enterprises (SMEs), especially in the real estate sector. Strategic policy and research consultant Lisa Chase has summarised the policy framework for Property Forum.
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News - How will real-time reporting impact real estate businesses?
17
Aug
2023

How will real-time reporting impact real estate businesses?

by Property Forum
Real estate practitioners, mark your calendars for July 2024. A new real-time invoice reporting regime will be introduced in Poland, marking both a revolution and evolution in tax digitalization reporting. While technology is driving the implementation of the new rules, the potential benefits for the real estate sector are extensive. Zbigniew Deptuła, Partner, Global Compliance & Reporting and Paulina Faryn, Manager, Global Compliance & Reporting at EY Poland explain how these changes could impact businesses.
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News - 80% of decision-makers already take ESG considerations into account
09
Jun
2023

80% of decision-makers already take ESG considerations into account

by Property Forum
On the occasion of Property Forum’s Living Investment Forum 2023 and under the umbrella of the RICS CEE residential working group, an online survey was conducted among large residential developers and management companies from Poland, the Czech Republic, Hungary and Romania with help from industry organisations and RICS professional network to get insight on what importance ESG considerations play in the residential sector in the CEE region. In the survey, 80% of respondents claimed that ESG is an important factor in their business decisions at the “strategy level”.
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Latest news


New leases

  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.

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