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Manufacturers of concrete products in Poland will be able to generate a little over PLN 9bn in revenue in 2019 in spite of slower construction activity, according to the findings presented in the latest report by research company Spectis.

This October, global proptech portal Unissu is launching the second edition of Connect, the global real estate equivalent of TED Talks. With the aim of providing 300+ free-to-view videos from worldwide experts on the future of real estate and the rise of technology in the sector, the event will be simultaneously hosted in 30+ cities globally. Property Forum will be the co-organizer of two recording sessions in Central & Eastern Europe: one in Vienna and one in Budapest.

GTC’s rental and service revenues decreased by €3 million to €79 million in H1 2020. The decrease mainly resulted from a decrease in income of approximately €8 million due to rent relief imposed by governments during the lockdown of shopping malls and rent concessions and discounts provided by the Group to the retail tenants across the portfolio due to the COVID-19 outbreak combined with a decrease on rental revenues following the sale of GTC White House in the third quarter of 2019 and Neptun Office Center in the fourth quarter of 2019 of €3 million. The decrease was partially offset by an increase in the rental revenues due to completion of Ada Mall, Green Heart, ABC I and Matrix A.

New research from Cushman & Wakefield has identified Berlin, Reykjavik, Oslo, Warsaw, Zurich, Milan, Vienna, Madrid and Prague as emerging hotspots for data centre development in Europe. The European data centre market has long been dominated by the ‘FLAP-D’ markets of Frankfurt, London, Amsterdam, Paris and Dublin, cities with their own deep business and financial sectors to serve. While these markets are still critical to the data centre ecosystem as entry points - and with over 500 MW of construction underway among them - interest in the FLAP-D markets is now competing with physical limitations including a lack of energy to power the centres, limited stock and a need to be closer to regional users.

In the first half of 2020, the supply of modern class A, B and C office space in Sofia increased by 1%, reaching 2,315,600 sqm, according to Colliers International. The recently completed building 3 of Garitage Park accounted for much of the growth in the office stock.

Romania's real estate investment volume amounted to approx. €395 million in the first six months of 2020, a value 17% higher than the same period of the previous year, according to CBRE. Office buildings were the properties most sought after by investors, accounting for 88% of the volume traded and other similar projects are available for sale, totaling over €350 million.

The first half of the “pandemic year” was most difficult for retail players, considering the lockdown during the emergency state, but the recovery up until July has been better than most market participants were initially expecting, according to Colliers International’s market report for the first semester of 2020. In the industrial & logistics area, it has been business as usual during the pandemic, with some seeing big spikes in activity, but a significant pipeline of speculative developments and a competitive market are tilting the balance in favour or tenants.

Total real estate investment volume in Slovakia in H1 2020 reached €432 million which represents a 66% increase on the same period last year, according to data by CBRE. The volume was spread among ten transactions, with the average value of the deals amounting to €43 million, compared to €27 million last year.

According to the latest report by Cresa, commercial real estate investment volume in Poland surpassed €2.85 billion, the second-best result in the country’s history. The key growth drivers were the office and industrial markets which together generated just more than 84% of the investment volume. The industrial market attracted nearly €1.08 billion worth of investments, which represented an all-time high, while the office market saw nearly €1.33 billion worth of deals, the second-best result of the segment in the history.

The first half of 2020 was the strongest on record for the warehouse and industrial market in Poland, says Savills. Despite COVID-19 challenges, take-up set an all-time high halfway through the year. In addition, the leasing volume and the amount of new space coming onto the market were higher in Q2 than in the first three months of the year.