ARTICLES LABELLED WITH TAG report

The accelerated economic development of the major regional cities in Romania is beginning to influence their real estate market as well. According to Colliers International, there are strong arguments to support the increased interest in office leasing and the strong investment potential, so cities such as Cluj-Napoca, Timisoara, Iasi or Brasov can offer an alternative to Bucharest.

A good location is the key to success in retail. It may, however, take some time before a suitable store is found for a brand entering the Polish market. Most brands want to open their first stores in Warsaw. That’s why retailers would rather wait than start off somewhere else, says Szymon Łukasik, Head of Retail Department at Cresa Poland.

According to Cushman & Wakefield, total investment volumes in Poland in H1 2018 surpassed €3 billion reaching €3,246 million, up 113% on H1 2017.

Total demand on the Budapest industrial market amounted to 59,740 sqm in Q2 2018, marking a 72% decrease over the figure noted in the same period last year. The Budapest Research Forum published its quarterly industrial market analysis.

Net absorption on the Budapest office market in Q2 2018 amounted to 40,140 sqm, which marks more than a doubling year-on-year. The Budapest Research Forum published its latest figures.

An entire section will be dedicated to the future of Southeastern European markets at the upcoming CEE Property Forum 2018 in Vienna. International experts and top local players will provide an overview of the Romanian, Bulgarian, Serbian and Croatian markets, among others. To check out the list of confirmed speakers, click here.

Operators of co-working spaces rented nearly 20,000 sqm of office space in existing or developing buildings in Bucharest in H1 2018, which represents a 13,4% share in the total transaction volume, estimated at around 150,000 square meters, according to data from Cushman & Wakefield Echinox.

Shopping centres remain the dominant retail format on the Polish market. Poland now has more than 420 shopping centres that provide 10.5 million sqm, accounting for 73% of the country’s total retail stock. Retail experts at Cresa Poland analysed the Polish retail market

In its latest Global Sustainability Report, JLL reported exceeding its goals for carbon emission reductions within its corporate offices and committing to set a Science Based Target by 2020. Reductions achieved on a per corporate office employee basis included a drop in building-related greenhouse gas emissions by 15 percent (vs. a target of 10 percent), building-related energy consumption by 12 percent (vs. a target of 10 percent), and rented area by 10 percent (vs. a target of 8 percent).

Hong Kong Central remained the most expensive office market in the world, according to CBRE’s annual Global Prime Office Occupancy Costs report.