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News 8 charts that show the potential impacts of COVID-19
15
Apr
2020

8 charts that show the potential impacts of COVID-19

by Ákos Budai
Getting a clearer picture of market participants’ expectations is more important than ever in these turbulent times. That’s why Property Forum and RICS launched a survey on the potential implications of the COVID-19 crisis on real estate markets in CEE. Nearly 100 people filled out our questionnaire. Here are the results.
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News Logistics steals the show on Poland’s investment market
15
Apr
2020

Logistics steals the show on Poland’s investment market

by Property Forum
At the start of the year, investment into Polish commercial real estate was dominated by logistics. Warehouse assets worth €1.46 billion changed hands in Q1 2020, which almost equals the annual total for 2019 of €1.48 billion, according to a report by Renata Osiecka, AXI IMMO’s Managing Partner.
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News Investor interest remain solid for Romanian assets
15
Apr
2020

Investor interest remain solid for Romanian assets

by Property Forum
Investors still show interest for real estate acquisitions Romania, despite the COVID-19 pandemic, according to a survey conducted by Colliers International among more than 60 real estate companies.
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News Portfolio deals drive Poland’s retail investment market
14
Apr
2020

Portfolio deals drive Poland’s retail investment market

by Property Forum
According to a recent report published by Cresa, portfolio transactions are on the rise on the Polish retail market. Two of last year’s three largest commercial real estate transactions were retail portfolio deals: the €600 million acquisition of the shopping centre portfolio from Cromwell Polish Retail Fund by Cromwell Property Group and the disposal of Atrium Koszalin and Atrium Felicity to ECE Group for €298 million.
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News C&W Echinox: Most workers prefer 3-4 office days per week
10
Apr
2020

C&W Echinox: Most workers prefer 3-4 office days per week

by Property Forum
Saving money and time spent in traffic are the main advantages of working from home, while the main disadvantages are the lack of direct socialization with colleagues and the difficulty in separating professional from personal time, according to a survey conducted by Cushman & Wakefield Echinox.
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News How will Romania’s office market look like after COVID-19?
10
Apr
2020

How will Romania’s office market look like after COVID-19?

by Property Forum
Everyday personal and professional life have both been impacted by the COVID-19 pandemic in a radical and unexpected way, and the general opinion is that its influence and effects will have repercussions on how people live and work, even after the medical situation will be stabilized. Cushman & Wakefield Echinox and Dentons are launching a debate over 10 issues that will impact the entire office sector in Romania, covering over 350 modern buildings with a total surface of more than 4 million square meters and approximately 400,000 employees working in some of the largest companies, emblematic for the national economy.
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News Romania’s investment market performs well in Q1 2020
09
Apr
2020

Romania’s investment market performs well in Q1 2020

by Property Forum
With a total volume of approximately €120 million in the first quarter, the Romanian investment market had a similar start compared with the same period in 2019, when the volume of transactions was €117.5 million. An optimistic scenario puts the total volume of investments for 2020 at €750 million, while a pessimistic one somewhere at €500 million. Crosspoint Real Estate has issued its latest market report on the Romanian real estate market’s performance.
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News Most CEE governments haven’t done much to tackle the COVID-19 crisis
09
Apr
2020

Most CEE governments haven’t done much to tackle the COVID-19 crisis

by Property Forum
Colliers International’ latest report “COVID-19 European Real Estate Markets Government Response” presents information on how the national governments across EMEA are supporting businesses with specific reference to commercial and residential rent/mortgage payments, business loans and grants, taxation allowances and business rates and household/individuals salaries. Force majeure impact on lease contracts is also considered.
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News Slight increase in vacancy on Budapest’s office market
09
Apr
2020

Slight increase in vacancy on Budapest’s office market

by Property Forum
For the first time since Q4 2018, the vacancy rate on the Budapest office market increased in Q1 2020, albeit only by 0.6 pps. Total demand in the first quarter of 2020 reached 79,660 sqm, stagnating year-on-year, according to BRF’s latest figures.
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News Is the lockdown rewriting CEE's risk map? – Find out what bankers think
08
Apr
2020

Is the lockdown rewriting CEE's risk map? – Find out what bankers think

by Property Forum
Property Forum’s next virtual event will take a closer look at the immediate and long-term effects of the coronavirus lockdown of real estate financing in CEE. Hear the economic outlook of Commerzbank’s Senior EM Strategist and listen to the discussion of influential bankers. Participants will also have the chance to ask questions and share their personal experiences.
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Latest news


New leases

  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.

New appointments

  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.
  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.

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