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News Bulgarian shopping centre rents increase
16
Aug
2017

Bulgarian shopping centre rents increase

by Ákos Budai
During the first half of 2017 demand and supply of modern retail space in Bulgaria have been aligning with each other, according to a new research by Colliers International. During the period, modern shopping centers retail space supply balanced with demand by keeping its previous levels of 791,760 sqm in the country and 406,660 sqm in Sofia. Together with this for a few periods now, retail space absorption has been steadily going up. During the last half-year period, it recorded an 11% increase, providing for demand - supply balance. 
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News Cautious start of the year in Slovakia
16
Aug
2017

Cautious start of the year in Slovakia

by Ákos Budai
The Slovak investment volume reached only €154 million in H1 2017. A number of transactions, across all sectors currently in various stages of the transaction process are estimated to be worth ca. €350 million and should fall into H2 2017, JLL reports.
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News Warsaw office market enters next stage of maturity
16
Aug
2017

Warsaw office market enters next stage of maturity

by Ákos Budai
The Polish office market has seen rapid growth with Warsaw’s office stock more than doubling over the last ten years, as revealed by Cushman & Wakefield in its cyclical report Skyline Tracker, outlining modern office supply forecasts.
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News New records set on Poland's office market
16
Aug
2017

New records set on Poland's office market

by Ákos Budai
Companies signed lease agreements for nearly 723,000 sqm of modern office space in the first six months of 2017. This constitutes the best ever result for Poland's market. In total, nearly 320,000 sqm was completed while 1.8 million sqm of office space remains under construction. JLL summarised H1 2017 on the office market in Poland.
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News CEE hotel investment market set to outperform 2016
14
Aug
2017

CEE hotel investment market set to outperform 2016

by Ákos Budai
The volume of hotel transactions achieved in the first half of 2017 was more than €700 million with 34 transactions recorded in core CEE markets. In comparison, 2016 achieved just over €630 million with 20 transactions in the same period, which means an 11% yearly increase. To compare, the western markets experienced just 0.3%. Cushman & Wakefield predicts the year 2017 to outperform the strong results of 2016.
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News Retail drives CEE real estate investment markets
14
Aug
2017

Retail drives CEE real estate investment markets

by Ákos Budai
Real estate investment flows into the Central & Eastern European region rose 17% year-on-year in the first half of 2017 to €5.4 billion, putting 2016’s cycle high of €12.2 billion well in 2017’s range, according to Colliers International’s latest report.
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News Demand grows for Polish industrial space
09
Aug
2017

Demand grows for Polish industrial space

by Ákos Budai
In H1 2017, the supply of industrial space stood at almost 793,000 sqm and as a result the total stock in Poland exceeded 12 million sqm. It was over 10% more than in H1 2016 when the level of supply amounted to 659,000 sqm, according to the latest report by Colliers International. 
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News New retail chains enter Poland
09
Aug
2017

New retail chains enter Poland

by Ákos Budai
In the first half of 2017, there were only approximately 30,000 sqm of retail space delivered to the market in Poland, half of which are extensions. The total stock of modern retail space at the end of June 2017 reached about 11,2 million sqm. Supply for 2017 is estimated at a similar level compared to the previous year (almost 400,000 sqm), according to the latest report by Colliers International.
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News Brno and Ostrava office market vacancy rates decrease
04
Aug
2017

Brno and Ostrava office market vacancy rates decrease

by Ákos Budai
Gross take-up in the first half of the year decreased on yearly basis in the two largest regional cities in the Czech Republic. The Regional Research Forum – comprising CBRE, Colliers International, Cushman & Wakefield, JLL, Knight Frank – published its Brno and Ostrava office market figures for H1 2017.
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News Solid growth on the Romanian industrial market
02
Aug
2017

Solid growth on the Romanian industrial market

by Ákos Budai
Gross take-up on the Romanian industrial market grew by 54% in H1 2017, compared with the same period of 2016, to 350,000 sqm. According to JLL Romania, the total demand for industrial space reached 180,000 sqm in the second quarter, a comparable level with the one registered in the first quarter of this year.
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Latest news


New leases

  • JD Group-owned brands JD Sports and Sizeer are strengthening their presence in EPP-managed shopping centres. The group's latest agreements and extensions covered a total of nearly 1.7 thousand sqm - in Kalisz's Galeria Amber, Kielce's Galeria Echo and Szczecin's Galaxy.
  • Poznan's Galeria Panorama, which the Balmain Group is commercialising, has expanded its portfolio with the addition of an Action brand store, a Dutch non-food discount chain. The Action store has taken over 1,000 sqm of space.
  • BWF Poland, a manufacturer of textile filter materials and plastic products, has leased 2,400 sqm of warehouse and office space at the Silesian Logistics Centre BIK Sosnowiec III (southern Poland).

New appointments

  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.
  • Paulina Petynka has joined the team of Yareal Polska, taking on the position of Leasing Director. She has more than 20 years of professional experience.

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