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News Developers to deliver 1.2 million sqm of new space in Romania
21
Feb
2019

Developers to deliver 1.2 million sqm of new space in Romania

by Property Forum
The local real estate market has entered a new year of development on all its major segments, as developers plan to deliver industrial, retail and office spaces with a cumulated area of 1.2 million square meters, a new market record. In comparison, new spaces of around 850,000 square meters were delivered in 2018, according to data from Cushman & Wakefield Echinox.
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News €1.84 billion spent on Polish industrial property in 2018
21
Feb
2019

€1.84 billion spent on Polish industrial property in 2018

by Property Forum
The annual volume of leased floorspace in 2018 was 3.7 million sqm on Poland’s industrial market. The market grew by a further 2 million sqm while nearly 2 million sqm of space is under construction. Last year also saw record-breaking total for industrial investment transactions - worth €1.84 billion, according to JLL’s market summary.
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News Economic growth fuels CEE investment sentiment
21
Feb
2019

Economic growth fuels CEE investment sentiment

by Property Forum
Europe’s commercial property market is enjoying a favourable operating environment supporting its credit quality but risks are increasing. Rising interest rates and slowing economic growth could dampen future investor demand, according to Moody’s latest report.
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News The mediocre retail experience is dead
14
Feb
2019

The mediocre retail experience is dead

by Ákos Budai
The European retail market is undergoing massive changes as e-commerce grows and consumer habits change. Here are our 10 key takeaways from the annual RICS European Retail conference that was organised in Amsterdam this week.
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News Developers go for mixed-use projects in Poland
14
Feb
2019

Developers go for mixed-use projects in Poland

by Property Forum
Decreasing supply of attractive land parcels combined with growing prices are directing investors' attention to areas with objects that require either demolition or revitalization. Multi-functional projects are still gaining popularity in Poland, according to JLL’s report.
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News Another good year for Poland’s warehouse market
14
Feb
2019

Another good year for Poland’s warehouse market

by Property Forum
Poland’s warehouse market is set to maintain a strong momentum this year, driven by robust occupier interest with demand outstripping supply for many months and the economy powering ahead.
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News Investors love Bucharest offices
14
Feb
2019

Investors love Bucharest offices

by Property Forum
Office building transactions on the Romanian market reached the highest level of the last decade in 2018, as 20 assets with a total GLA of 220,000 square meters and a value of more than €500 million were transacted only in Bucharest, according to Cushman & Wakefield Echinox.
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News Budapest and Prague become leaders in logistics rental growth
14
Feb
2019

Budapest and Prague become leaders in logistics rental growth

by Property Forum
Logistics real estate rent growth remained considerable in 2018, with rents rising 6% globally. Consistent with the past several years, the U.S. outperformed, with 8% growth. However, other regions were just as notable. China was a clear leader with 8% growth. In Europe, rents rose 5%, a near doubling in growth from 2017 and the fastest annual growth in the region based on data reaching back more than 10 years, according to new research by Prologis.
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News Local investors dominate the Hungarian market
07
Feb
2019

Local investors dominate the Hungarian market

by Ákos Budai
Hungary’s investment market peaked in 2017 but a solid €1.8 billion was transacted in 2018 with local investors closing 65% of purchases on the buyer side. Property Forum summarised some of the key market trends presented at CBRE’s yearly Re-View business breakfast.
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News Land transactions in Bucharest reach a new record
07
Feb
2019

Land transactions in Bucharest reach a new record

by Property Forum
Developers and real estate investors completed land acquisitions with a cumulative value of around €245 million last year in Bucharest, a new record for the past ten years, according to the Cushman & Wakefield Echinox which has monitored 31 medium and large transactions.
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Latest news


New leases

  • 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.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

  • 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.
  • Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.
  • Oliver Derksen is joining iO Partners Romania as the new Head of Office Advisory, having over 16 years of expertise in office leasing and business development.

ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
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