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News - One of the world’s largest employers embraces flex working
08
Sep
2021

One of the world’s largest employers embraces flex working

by Property Forum
As summer has come to an end, employers across the world have to decide where they want their employees to work from going forward. The keyword for the future will be flexibility as large employers around the globe are embracing not only working from home but also multi-location workplace strategies.
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News - Savills IM report pinpoints new opportunities in European logistics
07
Sep
2021

Savills IM report pinpoints new opportunities in European logistics

by Property Forum
‘Big Box’ mainstream logistics assets continue to display strong fundamentals but with pricing pressures driving down yields and new themes emerging, other industrial sub-sectors now offer alternative opportunities to investors, according to a new report by Savills Investment Management.
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News - Hungary sees improving construction figures in Q2 2021
02
Sep
2021

Hungary sees improving construction figures in Q2 2021

by Property Forum
After a relative stagnation in previous quarters, Q2 2021 saw a considerable expansion in the Activity Start indicator of the EBI Construction Activity Report. It was the first three months of 2018 last that witnessed a higher value of construction works to start in a quarter. In H1 2021, projects entered the construction phase on a total of HUF 1,398 billion, marking a significant increase of 20% and 18%, respectively, against the same period of the previous two years.
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News - Porto Montenegro presents unique retail rental opportunity
01
Sep
2021

Porto Montenegro presents unique retail rental opportunity

by Property Forum
At the end of 2020, Porto Montenegro presented to the public its long-awaited project - the concept of an innovative, urban neighbourhood, Boka Place, which features a carefully planned space, with numerous gastronomic, shopping and entertainment facilities and many other benefits that will be available to Porto Montenegro residents as well as all visitors.
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News - Late summer brings upturn in Hungary’s housing market
01
Sep
2021

Late summer brings upturn in Hungary’s housing market

by Property Forum
A total of 11,304 residential properties were sold in Hungary in August 2021, real estate group Duna House said in its monthly Transaction Estimate. While this is below the monthly average of the February-June period, the January-August total is higher than the 2020 or 2019 figure.
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News - CPIPG reports 7% increase in net rental income
01
Sep
2021

CPIPG reports 7% increase in net rental income

by Property Forum
CPI Property Group’s net rental income increased to €175 million in H1 2021 (up 7% versus H1 2020) and its consolidated adjusted EBITDA rose to €172 million (up 5% versus H1 2020). The company published its unaudited financial results for the six-month period ended 30 June 2021.
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News - Czech construction output recovery not expected until 2023
31
Aug
2021

Czech construction output recovery not expected until 2023

by Property Forum
According to the Czech analyst of Euroconstruct, David Frič, Czech construction certainly did not evade the crisis caused by the Covid-19 pandemic and the industry fell by 3.6% in 2020 and is unlikely to return to pre-pandemic levels in the next two years.
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News - VGP records net profit of €203.8 million in H1 2021
31
Aug
2021

VGP records net profit of €203.8 million in H1 2021

by Property Forum
Industrial and logistics developer VGP recorded a net profit of €203.8 million in the first half of 2021. VGP announced its financial and operational results for H1 2021.
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News - Immofinanz reports strong earnings plus for H1 2021
31
Aug
2021

Immofinanz reports strong earnings plus for H1 2021

by Property Forum
Immofinanz generated strong growth in the results of operations and net profit during the first half-year. The expansion of the portfolio through acquisitions in Bucharest and Italy during recent months will be continued. The acquisition and development project pipeline has a volume of more than €1 billion. 
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News - CA Immo reports strong earnings growth in H1 2021
25
Aug
2021

CA Immo reports strong earnings growth in H1 2021

by Property Forum
CA Immo's operating result (EBITDA) of €114.9 million for H1 2021 was up 27% on the previous year's figure.
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Latest news


New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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