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News Polish office market remains stable
12
Nov
2024

Polish office market remains stable

by Property Forum
Cushman & Wakefield has summarised the third quarter of 2024 on the largest office markets in Poland. Office take-up in key regional cities remained on par with the figures recorded in the same period in 2023, signifying stability on the office rental market. Meanwhile, stagnation on the supply side, coupled with limited construction activity, is likely to push vacancy rates down in the future.
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News Coffee machines are crucial for company news sharing
12
Nov
2024

Coffee machines are crucial for company news sharing

by Property Forum
Passerinvest Group has shared its experience during the planning, construction and furnishing of offices: it is necessary to take into account the experience and requirements of companies' HR personnel and to implement various requirements for equipment and interior arrangement, with the coffee machine a separate discipline.
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News Shaping the future of real estate: Balancing technology, sustainability, and human-centric design
12
Nov
2024

Shaping the future of real estate: Balancing technology, sustainability, and human-centric design

by Property Forum
The opening panel at the SEE Property Forum, held in Bucharest by Property Forum, focused on the future of real estate in the context of advancing technology and sustainability demands, both for new and existing properties. Moderated by James Dearsley, CEO of EMEA Verv, the panel featured industry leaders, including Hubert Abt, Max Beard, Costin Bănică, and Emma Toma, who discussed evolving tenant needs, sustainable development, and the impact of technology.
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News Czech parliament approves construction procedure bypass
11
Nov
2024

Czech parliament approves construction procedure bypass

by Property Forum
Construction authorities in the Czech Republic are again allowed to use the construction management systems, which have been applicable until July 1 2024, reports E15.cz. Since then the completely new system has been in practice and proved rather troublesome bringing complaints from all sides.
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News Prague residential market expects rising prices
07
Nov
2024

Prague residential market expects rising prices

by Property Forum
The offer of new residential buildings in Q3 2024 in Prague has decreased slightly, reports BuiltMind in its quarterly analysis of Prague residential segment. However, outlooks are optimistic, thanks to stable inflation and declining rates.
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News Czech real estate investors grow confident
07
Nov
2024

Czech real estate investors grow confident

by Property Forum
According to the latest Savills Investment Report, the commercial property market in the Czech Republic is expecting a strong close to 2024. The total transaction volume for the first three quarters of 2024 has reached €1.09 billion. 
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News Retailers have a big appetite for development
07
Nov
2024

Retailers have a big appetite for development

by Property Forum
There are 4.5 million square meters of modern shopping space in Romania and there is still room for development as investors are still interested in the Romanian market. In terms of total retail space per capita, Romania is still behind other European countries, explained the speakers of the retail panel of SEE Property Forum 2024.
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News Prague reports employees back in office
04
Nov
2024

Prague reports employees back in office

by Property Forum
According to Savills European Office Occupancy Rates Report, Prague has, for the first time since the pandemic, surpassed the 60% threshold for physical office occupancy, reaching 61% in October this year.
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News Czechs get stronger on Polish commercial property market
31
Oct
2024

Czechs get stronger on Polish commercial property market

by Property Forum
This year the Polish investment market has been dominated by two strong foreign players, coming from the UK and the Czech Republic. Investors from the latter country are increasingly and more generously placing capital in the Polish property market. The growth over the last two years has been impressive, comments Szymon Mojzesowicz, a Polish real estate market expert.
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News Residential developers need to be flexible
31
Oct
2024

Residential developers need to be flexible

by Property Forum
The Romanian residential market is navigating through many changes. This means that developers need to be flexible in order to adapt to all changes, as the speakers of the residential panel of SEE Property Forum 2024 concluded.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

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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