ARTICLES LABELLED WITH TAG rental growth

News CA Immo reports 4% increase in rental income
22
May
2024

CA Immo reports 4% increase in rental income

by Property Forum
CA Immo has reported a stable operating development for Q1 2024. The results show, among other things, a slight increase in rental income (+4%) due to the completion of project developments in previous years and higher rental income from investment properties. Despite this increase in rental income, both the operating result (EBITDA) and the consolidated net income were down on the previous year's figures, mainly due to the exceptionally high sales result in Q1 2023.
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News The ongoing rental growth in logistics is unprecedented
24
Apr
2023

The ongoing rental growth in logistics is unprecedented

by Ákos Budai
Markets like Poland have recorded rental growth of 20% and the upward trend is visible almost everywhere across P3 Logistic Parks’ European portfolio. During MIPIM, Property Forum sat down with David Marquina, Chief Development Officer of European Development at P3, to talk about the drivers of European logistics markets and to find out what’s next for the developer.
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News Residential price growth in Czechia comes to a halt
31
Mar
2023

Residential price growth in Czechia comes to a halt

by Property Forum
High inflation brings something that has not been seen in Czechia for a long time - a halt in the growth of residential property prices, especially flats. Prices of older flats are even falling. Frozen demand will soon hit construction companies. The housing market has slowed down considerably, and players are waiting for further economic development, says David Frič from STEM/MARK (the Euroconstruct member institute in Czechia).
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News Office demand in Prague rises by 44% in Q1 2022
03
Jun
2022

Office demand in Prague rises by 44% in Q1 2022

by Property Forum
The demand for office space in Prague increased by 29% quarter-on-quarter for the first quarter of 2021 and by 44% year-on-year. Although the largest transactions of the quarter were lease renegotiations – including Seznam.cz (14,800 sqm) in Palác Křižík in Prague 5 or MSD Czech Republic (6,800 sqm) in Riverview in Prague 5 – the share of newly leased space increased to 58%. The increase in newly leased and pre-leased space indicates confidence and healthy growth of the Prague office market. Despite the fact that leasing activity posted record numbers, the vacancy rate rose by 60 basis points quarter-on-quarter to 8.4%. JLL recorded an increase in vacancy rates in almost all Prague districts, as announced in the last report.
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News C&W registers rise in EMEA retail rents
20
May
2022

C&W registers rise in EMEA retail rents

by Property Forum
Cushman & Wakefield’s latest DNA of Real Estate research, covering trends in prime rents and yields across Europe, highlights further strengthening in leasing and investment markets in the first quarter of 2022 as economies fully reopen from the pandemic.
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News Office rental growth set to continue globally
28
Feb
2019

Office rental growth set to continue globally

by Property Forum
Hong Kong will retain its title as the world’s most expensive office market despite rents being forecast to decrease in 2019, according to Knight Frank’s latest Global Outlook Report. Knight Frank's chief economist believes that there is a compelling global case for continued rental growth across the global cities.
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News Further rental growth on Budapest’s office market
29
Aug
2018

Further rental growth on Budapest’s office market

by Property Forum
A strong increase in new supply is expected in the upcoming two years, however, most submarkets of the Budapest office market will still face rental growth in 2018. Sustained rental growth for Class A properties across all submarkets - except the Periphery - is forecasted. Rental growth on the Class B market is expected to be more moderate, driven both by Hungarian firms entering the institutional market and multinational firms seeking lower cost office options, according to Colliers International's latest, mid-year office market report.
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News Budapest leads the way with office rental growth
02
Feb
2018

Budapest leads the way with office rental growth

by Import Sys
European office rental growth slowed to 0.4% over the quarter, though still posted a respectable 2.4% annualised growth. Budapest led the way with growth of 9.1% across the quarter, supported by strong demand, historically-low vacancy rates and a lack of Class A space. Demand for logistics space is supporting rental growth and driving yields lower across Europe, according to Cushman & Wakefield’s latest DNA of Real Estate report.
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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