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News A good year for Poland's retail sector
20
Dec
2018

A good year for Poland's retail sector

by Property Forum
According to JLL, the retail stock in Poland has already exceeded 14 million sqm, and in 2018 alone expanded by approximately 417,000 sqm of new space across all formats. The largest openings this year included the Forum Gdańsk (62,000 sqm), Libero in Katowice (45,000 sqm) and Gemini Park in Tychy (36,600 sqm)
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News 10 events that shaped the Polish market in 2018
20
Dec
2018

10 events that shaped the Polish market in 2018

by Property Forum
Another year in the commercial real estate market in Poland is coming to an end. Although the figures for the last 12 months are yet to be published, we can safely say that this year was definitely a good one for the Polish market. Experts from Colliers International selected 10 events that had a major impact on the shape of the real estate market in Poland.
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News Are flexible spaces the future of the office market?
20
Dec
2018

Are flexible spaces the future of the office market?

by Property Forum
According to research conducted by JLL, the flexible office space sector in Europe has more than doubled since 2014, driven by the development of start-ups, creative industries, and small- and medium-sized companies. Furthermore, the combination of high tenant activity with the business plans of the world's largest operators means that the volume of flexible space in most European cities will have likely increased by 20-40% in 2018 alone.
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News Wrocław’s office market grows rapidly
20
Dec
2018

Wrocław’s office market grows rapidly

by Property Forum
Wrocław is the third largest state-of-the-art office market in Poland (after Warsaw and Kraków) and one of the fastest developing office locations in the country. JLL summarized the current situation on the Wrocław office market.
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News City of Warsaw and JLL work together to expand retail trade
17
Dec
2018

City of Warsaw and JLL work together to expand retail trade

by Property Forum
The City of Warsaw and JLL will implement a pilot program aimed at increasing the attractiveness of the Warsaw City Centre in the eyes of potential tenants and customers. The changes will be introduced starting with Marszałkowska and Aleje Jerozolimskie Streets.
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News European markets continue to build momentum despite global uncertainty
17
Dec
2018

European markets continue to build momentum despite global uncertainty

by Property Forum
The European property sector is expected to grow and bring new opportunities, despite continued downside risks, according to CBRE’s 2019 EMEA Market Outlook report.
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News What does Christmas mean for the Romanian property market?
17
Dec
2018

What does Christmas mean for the Romanian property market?

by Property Forum
December is a time for Romania to score positive results for sales at supermarkets, hypermarkets or discounters as well as for gifts, offering generous returns for retailers in shopping centres and preferring apparel rather than electronic goods relative to other Europeans. The season’s celebrations are a recurring highlight each year for the office segment as well, as both landlords and tenants invest in promoting the holiday spirit.
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News Warsaw is not slowing down
13
Dec
2018

Warsaw is not slowing down

by Property Forum
Warsaw is experiencing growing demand for offices, absorption of new space, decreasing vacancy rates, and is expected to see rental growth and strong investment volumes. Next year, the city should further cement its dominant position as a thriving business hub and a regional leader in terms of economic growth and office market maturity. These economic fundamentals show no signs of slowing down, according to a report by JLL.
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News New investors target CEE’s hotel market
10
Dec
2018

New investors target CEE’s hotel market

by Property Forum
The CEE hotel sector continues to boom, with investment levels expected to exceed €800 million by the end of 2018. This marks a slight decline compared to last year’s volumes. The primary reason for that is the lack of prime assets and portfolios on the market that could satisfy investors’ongoing appetite for hotels in key CEE cities. Institutional and listed investors are becoming more dominant, accounting for 74% of total transaction volume in 2017 and 54% in the first three quarters of 2018. The changing consumer trends and evolution of accommodation concepts over the recent years have resulted in a blurring of lines between traditional hotel classes. These are the findings of the first edition of the joint Cushman & Wakefield – CMS report on the hotel Investment scene in CEE and its underlying investment trends.
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News Health & Beauty to drive Hungary’s retail market
10
Dec
2018

Health & Beauty to drive Hungary’s retail market

by Property Forum
Retailer demand for physical store space will remain steadfast throughout a number of key retail markets over the next five years, with the Health and Beauty sector leading the way in driving future growth requirements according to global real estate advisor CBRE.
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Latest news


New leases

  • 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.
  • SNF, a company operating in the beauty sector, has renewed its lease for approximately 2,300 sqm of warehouse and office space at Prologis Park Poznań I. Axi Immo represented the tenant in the transaction.

New appointments

  • 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.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.

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