ARTICLES LABELLED WITH TAG report

News - Office and retail dive Hungary’s investment market
21
Feb
2020

Office and retail dive Hungary’s investment market

by Property Forum
In 2019 the volume of property investment transactions on the Hungarian market decreased slightly in comparison with the previous year (€1.75 billion), however, the total value of transactions has been higher than €1.5 billion every year since 2016. There was a strong and stable demand for office and retail properties, with the volume of hotel sales also increasing significantly, according to Eston International’s H2 2019 investment market report.
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News - CPI’s property portfolio value reaches €9.1 billion
20
Feb
2020

CPI’s property portfolio value reaches €9.1 billion

by Property Forum
CPI Property Group published its unaudited profit and credit estimates for the financial year ended 31 December 2019.
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News - Kraków doubles its office stock in four years
19
Feb
2020

Kraków doubles its office stock in four years

by Property Forum
Kraków has nearly doubled its office stock over the last four years, becoming the largest and fastest-growing regional city office market in Poland, according to a new report by Savills.
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News - New investors increase competition for the best assets in Romania
17
Feb
2020

New investors increase competition for the best assets in Romania

by Property Forum
In the last five years, the Romanian real estate market has attracted over 20 new investors from all over the world, the most active of them making acquisitions with a total value of approximately €1.5 billion, according to Cushman & Wakefield Echinox.
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News - Romania’s logistics market grows rapidly
13
Feb
2020

Romania’s logistics market grows rapidly

by Property Forum
In 2019, the stock of modern industrial and logistic facilities in Romania reached 4.6 million square meters, up by approximately 10% compared to the previous year. Nearly 9% of the total stock was delivered just in 2019 and the market has potential to almost double to 8 million square meters in the next years, closing the gap between Romania and other CEE markets, according to Colliers International.
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News - Romania’s green building stock exceeds 250 buildings
13
Feb
2020

Romania’s green building stock exceeds 250 buildings

by Property Forum
Over 250 buildings and real estate projects in Romania have been certified as ‘green buildings’ after one of the international sustainable schemes, BREEAM, LEED, EDGE and WELL, according to data by green building consultant BuildGreen.
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News - Investors go for hotels in Prague
13
Feb
2020

Investors go for hotels in Prague

by Property Forum
The year 2019 was a record one for the Prague hospitality sector in terms of transactions: the amount of investments in hospitality properties exceeded €500 million. This is the highest figure in history and twice the average for the last five years. This is also the first time that the Czech Republic has made it to the Top 10 in the European hospitality investment chart – to number nine. In 2020, the volume of hospitality transactions could become twice as high – €1 billion, according to Cushman & Wakefield.
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News - Pre-leases drive Warsaw’s office market
11
Feb
2020

Pre-leases drive Warsaw’s office market

by Property Forum
According to the latest “Occupier Economics” report prepared by Cresa Poland, gross take-up hit an all-time high in the Warsaw office market in 2019. Leasing volume came to almost 880,000 sqm, up by nearly 42,000 sqm on the previous peak year 2015. The market reported an approximately 7% increase in total office take-up in the four quarters of 2019 compared to the annual average for 2015-2019.
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News - Prague’s flex office market grows rapidly
11
Feb
2020

Prague’s flex office market grows rapidly

by Property Forum
The total stock of coworking and flexible office space in Prague reached 75,000 sqm by the end of 2019, as eight new centres opened their doors to take the total number to 59, according to the latest Savills research. Similar growth of the flexible office space sector is expected in 2020, which would take the total stock to almost 100,000 sqm.
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News - Record demand for industrial property in Poland
11
Feb
2020

Record demand for industrial property in Poland

by Property Forum
The annual leasing volume on Poland’s industrial market reached 3.75 million sqm in 2019. The market grew by a record-breaking 2.8 million sqm while 1.9 million sqm of space is under construction. JLL summarised the industrial market in Poland for 2019.
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Latest news


New leases

  • Global AI has entered the Romanian market by leasing 600 sqm of office space within the Bucharest-based Tower Center International building owned by Globalworth. The transaction was facilitated by Cushman & Wakefield Echinox.
  • XXS GYM has signed a lease for over 850 sqm of space in the modern O3 Business Campus office complex, located on Opolska Street in the northern part of Cracow.
  • Alior Bank has extended its lease at Ocean Office Park B in Kraków to accommodate its Private Banking Department. The deal, supported by brokerage firm CBRE, marks the final stage of a two-year consolidation of the bank's Kraków operations. Following the expansion, the bank occupies approximately 7,000 sqm within the Cavatina Group-owned complex.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.

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