ARTICLES LABELLED WITH TAG report

News CEE investment market sets course for new growth frontiers
11
Oct
2018

CEE investment market sets course for new growth frontiers

by Property Forum
The competitive advantages and strengths of the CEE region are well known to investors. But new factors have emerged that may play a central role in the medium and long-term. For example, there is a marked shift from cost efficiency to quality and knowledge-based operations across all sectors of the CEE economy. How is the tenant structure in CEE changing? Does growth in the BSS sector show any signs of slowing down? How do the legal and fiscal structures in CEE countries compare to those in Western Europe? All the answers to these and other important questions can be found in this year’s CEE Investment Report 2018: New Frontiers of Growth by Skanska, CBRE, Dentons and PwC.
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News Positive occupier sentiment on industrial and logistics markets
11
Oct
2018

Positive occupier sentiment on industrial and logistics markets

by Property Forum
According to Colliers International’s EMEA Industrial & Logistics Hubs report, demand for industrial and warehouse property rose in 50% of EMEA markets in H1 2018, up from 35% in H2 2017, driven by positive occupier sentiment, and despite challenges in the overall economy such as protectionism fears and trade tensions between the US and close trading partners in the EU.
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News How to plan an office for a small company in 5 steps?
11
Oct
2018

How to plan an office for a small company in 5 steps?

by Property Forum
A reference kit for an office manager: experts from the Office Agency Department at BNP Paribas Real Estate explain how to plan an office for a small company.
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News Willingness to target real estate set to continue
11
Oct
2018

Willingness to target real estate set to continue

by Property Forum
Short and long-term European rates are expected to be benign for the foreseeable future limiting any negative impact on property markets, despite news of the recent bond sell-off in the US which could signify an end to the very low interest rate environment that has dominated the current property cycle. Strong occupier expansion, low vacancy rates and limited development pipelines have supported a gradual shift in market conditions to favour landlords, resulting in rental growth and stability across the majority of European markets during 2018. This has supported property values and returns, despite yields being at their cyclical peak, a situation likely to continue into 2019. That’s according to Colliers International’s latest Capital Flows Report, released at Expo Real.
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News High supply of  boutique office space in Bucharest
04
Oct
2018

High supply of boutique office space in Bucharest

by Property Forum
A record volume of boutique office space will be delivered in Bucharest by the end of this year, according to ESOP Romania’s press release.
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News Influx of office investment in Tri-City
01
Oct
2018

Influx of office investment in Tri-City

by Property Forum
Tri-City is becoming increasingly popular amongst global players looking for optimal location conducive to further business development. Furthermore, the growing business image of the region is contributing to a great deal of interest in office space and boosting developer activity on the local market. JLL estimates that by 2021 the total office stock in the Tri-City area may exceed 1 million sqm.
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News Strong demand for Bucharest land
01
Oct
2018

Strong demand for Bucharest land

by Property Forum
Land in Bucharest continued to attract the interest of real estate developers this year, considering that in the first nine months of 2018, lots with a cumulated surface of over 60 hectares on which around 8,000 dwellings, 180,000 square meters of offices as well as commercial spaces can be developed, according to an analysis of Cushman & Wakefield Echinox.
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News BSS sector drives Poland’s regional markets
27
Sep
2018

BSS sector drives Poland’s regional markets

by Property Forum
In the first half of 2018, the total volume of modern office space at the main regional markets (Kraków, Wrocław, Tricity, Katowice, Poznań, Łódź, Szczecin and Lublin) exceeded 4,637,000 sqm. Analysts of Cushman & Wakefield report a high absorption level caused by intensified lessee activity in 2017 and pre-rental agreements of office real estate which is to enter the market this year. As a result, despite a large spike in office space supply, the vacancy rate has gone down.
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News 35% growth on Budapest’s Airbnb market
27
Sep
2018

35% growth on Budapest’s Airbnb market

by Property Forum
Airbnb activity in Budapest shows strong growth in overnight stays in 2017, reaching almost 1.5 million, which represents an increase of 35% y-o-y. The top 3 neighbourhoods (District V, VI and VII) account for 69% of the total Airbnb bookings in Budapest, says the latest Budapest city report on Airbnb released by Colliers International and Hotelschool The Hague. All data is directly provided from Airbnb through AirDNA’s authentic source.
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News CEE hotel prices are rising
27
Sep
2018

CEE hotel prices are rising

by Property Forum
In Central and Eastern Europe, hotel owners are experiencing record months in terms of average daily rates which was the primary driver of the double-digit RevPAR (Revenue per available room) growth recorded by central European cities in 2017. The growing trend was also seen in the first half of this year (H1 2018). The only exception was Warsaw where RevPAR dropped slightly due to declining occupancy, yet the prices of rooms increased as in other capitals. The higher room rates translated to notable gains in hotels’ profitability which brought significant interests from investors. The lack of hotel properties available for sale and shortage of development sites in prime locations is turning attention to conversions of existing buildings into hotels. As the demand continues to grow and the development pipeline remains limited in most markets (except for Warsaw and Vienna), profitability is expected to stay strong also in the coming years.
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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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