Total demand on the Budapest office market in Q4 2019 reached 202,510 sqm, representing an 18% increase from the corresponding period in 2018, according to BRF’s latest figures. The vacancy rate has decreased to a record low of 5.6%, representing another 0.3 pps reduction quarter-on-quarter.

The volume of real estate investments in Romania exceeded €1 billion in 2019, totalling about €1.06 billion, 7% higher than the figure registered in 2018, according to CBRE Romania’s data. The volume reached in 2019 also marks a record of the last five years in terms of investment transactions on the Romanian real estate market.

The stock of modern office space in Bucharest reached 3.16 million square meters at the end of the third quarter of 2019, in the context of a population of 2.11 million inhabitants and an unemployment rate of 1.3 %, according to the Romania Office Destinations report, conducted by CBRE Romania.

Poland's retail market is seeing a slowdown in the pace of shopping centre construction, the growing popularity of the convenience segment and mixed-use projects, as well as further synergy of traditional shopping and technology, according to JLL’s market summary for 2019.

Savills World Research says that offices in core city markets around the world will be real estate investors’ focus in 2020, but with opportunities scarce and yields at record lows, many will be forced to look elsewhere. Alternative assets, such as student housing, multi-family, co-living and data centres, will therefore become increasingly mainstream. Globally, Savills says that securing income returns will remain the overarching theme for real estate investment in 2020.

Savills Investment Management prefers long-lease income streams in 2020 instead of value-add and opportunistic strategies that depend on economic and strong employment prospects. The international real estate investment manager published its market outlook.

Cushman & Wakefield contributed to the leasing of over 6,600 sqm prime retail warehouse area, and to the sales of 7,000 sqm countryside retail area in Q4 2019. 

According to JLL estimates, the value of the real estate investment transactions in Poland was a record-breaking €7.4 billion. This is a better result than 2018 (over €7.2 billion. The last 12 months were the best ever for the office segment, where the sales and acquisitions were worth more than €3.8 billion – over a billion euros more than the previous year.

Demand for industrial and logistics space in Romania in 2019 reached a total of about 476.000 square meters, a value comparable to that of 2018, when the transactions amounted to a total of 514.000 square meters, according to JLL.

According to JLL data, office take-up in Warsaw grew by 270,000 sqm year-on-year in Q3 2019. At the same time, 185,000 sqm of space was delivered to the market during recent months. This means that the need for additional space exceeded new supply by as much as 85,000 sqm. This impressive performance has further fueled developer activity. 790,000 sqm of space is under construction, with a significant proportion of this total already being leased.