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News Competition forces owners to improve sales processes in Poland
11
Apr
2019

Competition forces owners to improve sales processes in Poland

by Property Forum
The Polish real estate market has been on a strong growth path for more than a decade. Its office sector is in good health, evidenced by a high number of new office completions and building permits, rising transaction volumes and the growing capital values of office buildings. On the other hand, the ever-stronger competition is forcing real estate owners to further improve sales processes. Against this backdrop, professional marketing services are becoming critical in effective real estate commercialisation, according to Małgorzata Frąckiewicz, Property Marketing Manager, Office Agency at Cushman & Wakefield.
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News C&W maps future European coworking hotspots
04
Apr
2019

C&W maps future European coworking hotspots

by Property Forum
Amsterdam, Stockholm, Helsinki and Dublin are among the major cities featured in a new research report from Cushman & Wakefield into the coworking and flexible office sectors, which pinpoints future demand and the next likely growth hotspots across Europe.
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News Are Warsaw high streets making a comeback?
04
Apr
2019

Are Warsaw high streets making a comeback?

by Property Forum
What is Warsaw residents' favourite shopping destination? Shopping centres. In this regard, the residents of Poland's capital differ from the residents of Madrid, Paris or Berlin, who prefer to visit stores located on their respective high streets. However, according to a new report by JLL, with the maturing shopping centre market, the popularity of high streets is increasing as well. As a consequence, high streets have a chance to come back into favour as alternative locations and diversify the expansion strategies of retailers.
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News BPOs and SSCs continue to dominate Poland's office markets
04
Apr
2019

BPOs and SSCs continue to dominate Poland's office markets

by Property Forum
Companies from the BPO/SSC industry in Kraków and the Tri-City recorded the highest share for demand in the office sector. JLL summarized the activities of companies from the business services sector on the major office markets in Poland.
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News Globalworth’s portfolio reaches 1 million sqm
28
Mar
2019

Globalworth’s portfolio reaches 1 million sqm

by Property Forum
In 2018 Globalworth registered an increase of 36% in portfolio value compared to 2017, reaching €2.5 billion, split 51% in Romania and 49% in Poland. Also, during last year, the gross leasable area of the company’s combined portfolio grew with over 250,000 sqm to 1 million sqm. Following the dynamic expansion in Poland and the new developments in Romania, Globalworth’s net operating income (NOI) noted an impressive increase by over 160% and exceeded €133 million.
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News Prague flex space market to grow by 67% this year
28
Mar
2019

Prague flex space market to grow by 67% this year

by Property Forum
There are already 57 centres in Prague that offer flex space. There are 37 providers in the city and most centres can be found in Prague 1. On average, the price of a fixed workplace is CZK 4,800 per month (excluding VAT). JLL, a real estate consulting company, confirmed in its latest report that the trend of flexible spaces is increasingly influencing the Prague office market.
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News Cross-border buyers drive hotel investment across European cities
28
Mar
2019

Cross-border buyers drive hotel investment across European cities

by Property Forum
According to the latest European hotels trend report by Savills, emerging European tourist cities such as Dublin, Lisbon and Madrid and alternative operating structures such as non-leased operating structures offer higher yielding opportunities for those investors willing to take on more risk.
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News Warsaw’s flex space market grows rapidly
28
Mar
2019

Warsaw’s flex space market grows rapidly

by Property Forum
3.5 million sqm is the amount of flexible office space currently offered by operators on the 20 biggest office markets in Europe. Warsaw is ranked as the ninth biggest flex city in Europe. Last year, the city saw the largest growth of flexible space on the continent.
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News PropTech Romania brings together real estate and tech
20
Mar
2019

PropTech Romania brings together real estate and tech

by Property Forum
PropTech Romania (proptech.ro) is Romania’s first platform to bring together real estate players, investors, startups and tech companies, fostering innovation, digital transformation and collaboration. The official launch of PropTech Romania happened during Startup Europe Summit 2019 in Cluj, as a side event, an occasion to also announce the first Real-Estate Hackathon on 12-13 April, in Bucharest. Property Forum is a media partner of the first Real Estate Hackathon in Romania.
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News Office landlords risk being left behind
20
Mar
2019

Office landlords risk being left behind

by Property Forum
Landlords have never been under such scrutiny, said Colliers International. Tenants want more flexibility, increasingly diverse locations, heightened service levels and a culture that puts their business needs at the heart of their real estate choices
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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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