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News - Investor confidence in Poland could fully recover by year-end
01
Jul
2020

Investor confidence in Poland could fully recover by year-end

by Property Forum
Solid economic fundamentals will be instrumental in the fast rebuilding of asset values in Poland. If they are not weakened by the country’s overregulation and fiscal policy, and the government temporarily helps entrepreneurs maintain liquidity, investor confidence in most commercial real estate sectors should fully recover by the end of this year, says Bolesław Kołodziejczyk, PhD, Head of Research & Advisory, Cresa Poland.
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News - Colliers predicts new revolution in office occupancy
24
Jun
2020

Colliers predicts new revolution in office occupancy

by Property Forum
Office spaces will become a hive of activity in the future as more businesses embrace office designs which promote innovation, creativity and team collaboration, predicts Colliers International. The EMEA Workplace Advisory team has published its latest report which evaluates feedback from its global Work from Home survey to discuss future workplace trends.
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News - Poland’s construction industry set for further potential growth
23
Jun
2020

Poland’s construction industry set for further potential growth

by Property Forum
Despite a short-lasting downturn in economic activity caused by the COVID-19 pandemic, the Polish construction industry will continue to exhibit significant potential for growth right up to 2025. Notably, the outlook for the civil engineering sector has improved compared with the previous projections. A vast majority of projects underway or planned to implemented are located in the six most economically advanced regions, which account for almost 65% of the construction market’s total value.
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News - Accelerated retail evolution could bolster demand for logistics
23
Jun
2020

Accelerated retail evolution could bolster demand for logistics

by Property Forum
The sixth instalment of Prologis’ special report series suggests that any demand slowdown will be short-lived as logistics real estate is poised to benefit from the acceleration in the transition to e-commerce.
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News - Which way is Poland’s market heading post-COVID-19?
19
Jun
2020

Which way is Poland’s market heading post-COVID-19?

by Property Forum
Before the coronavirus outbreak, Poland was among the fastest-growing economies in the European Union. What’s it like now? In its latest report, Cushman & Wakefield brings an overview of the macroeconomic situation, looks at the impact of the pandemic on each real estate sector and presents economic growth forecasts for Poland.
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News - Top investors are optimistic about investment activity picking up
17
Jun
2020

Top investors are optimistic about investment activity picking up

by Property Forum
Virtual Property Forum, Europe's first comprehensive online property conference was held last week. We summarised some key insights of the panel discussion about investment strategies for the post-lockdown world, moderated by Otis Spencer (P3).
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News - Bucharest ranks as one of Europe’s top tech cities of the future
17
Jun
2020

Bucharest ranks as one of Europe’s top tech cities of the future

by Property Forum
Bucharest has been named one of the top 10 European Tech Cities of the Future for 2020/21, according to fDi and TNW. The Romanian capital ranks as #7 making the Central & Eastern European city with the highest score. Five other cities – Warsaw (#15), Sofia (#20), Prague (#22), Tallinn (#23) and Krakow (#24) have made it into the top 25.
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News - Poland’s co-living market set for further growth
17
Jun
2020

Poland’s co-living market set for further growth

by Property Forum
The pandemic has changed the way we live and work. We still do not know whether these changes will be temporary or permanent in nature and whether they will stay with us, even when the threat of the disease is behind us. The uncertainty of the new and unprecedented situation has impacted all real estate sectors to a lesser or greater extent. Sharing of space, which is one of the key principles underpinning co-living, appears to be the absolute opposite of pandemic isolation. Contrary to appearances, this type of accommodation where in addition to sharing space residents also share a set of interests and values may be an easier and more enjoyable way of staying in quarantine, especially for lonely people and those living far from their families. Małgorzata Dziubińska, Associate Director at Cushman & Wakefield, says about co-living in the new reality.
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News - Shopping centres in Romania invest €500,000 in reopening
17
Jun
2020

Shopping centres in Romania invest €500,000 in reopening

by Property Forum
Shopping centres in Romania have reopened on June 15. In total, investments in all equipment, supplies and staff needed to ensure compliance with the safety and social distancing measures that are still needed to prevent the spread of coronavirus. exceed €500,000 for large shopping centres, according to Colliers International consultants. Shoppers will gradually resume their pre-pandemic habits and traffic in the malls could return to normal during the Christmas season.
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News - Europe’s construction industry will be hit hard by COVID-19
16
Jun
2020

Europe’s construction industry will be hit hard by COVID-19

by Property Forum
The European construction industry will be hit hard by the COVID-19 crisis, according to Euroconstruct's latest forecast for 19 European member states.
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Latest news


New leases

  • BIPA, the drugstore brand of the German REWE Group, has opened the first store in Romania at Bucharest-based Mega Mall. The unit’s leasable area stands at around 370 sqm.
  • M1 Łódź, managed by EPP, has inked new and renewed leases for nearly 5,800 sqm of retail space. The most significant addition is the opening of a HalfPrice store spanning nearly 2,200 sqm.
  • dm-Pharmahandel, the Czech subsidiary of the German drugstore chain dm-drogerie markt, will open a specialised logistics centre for the distribution of over-the-counter pharmaceuticals at CTPark Bor. The company will occupy a nearly 7,100 sqm facility.

New appointments

  • Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
  • Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
  • CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.

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