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News Czech Republic ranks among top nearshoring locations
05
Sep
2024

Czech Republic ranks among top nearshoring locations

by Property Forum
According to the 2024 Savills Nearshoring Index study, the Czech Republic is the second most attractive location for industrial occupiers looking for ‘nearshore’ supply chains. 
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News EU sustainable finance updates promise opportunity for real estate investors
03
Sep
2024

EU sustainable finance updates promise opportunity for real estate investors

by Property Forum
The European Commission’s pending updates to the Sustainable Finance Disclosure Regulation (SFDR) promise potential opportunities for EU real estate investors. As the Commission considers the SFDR revisions, anticipated for an early 2025 release, investment firms should prepare for greater transparency and closer oversight of their portfolios. Strategic policy and research consultant Lisa Chase (Lucky Fish Research and Communications) has summarised the policy framework for Property Forum.
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News CPIPG closes H1 with increased gross rental income
02
Sep
2024

CPIPG closes H1 with increased gross rental income

by Property Forum
CPIPG has published unaudited financial results for the six months ended 30 June 2024. Further reducing leverage and complexity remains the Group's key priority, as David Greenbaum, CEO at CPIPG explained.
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News CPIPG completes independent review of short seller allegations
02
Sep
2024

CPIPG completes independent review of short seller allegations

by Property Forum
CPIPG has prepared an update for our stakeholders regarding the completion of the independent review of allegations raised by short seller Muddy Waters. Global law firm White & Case has concluded its independent compliance review of the allegations raised by short seller Muddy Waters since November 2023, along with an assessment of our governance practices. 
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News VGP reports record profit in H1 2024
02
Sep
2024

VGP reports record profit in H1 2024

by Property Forum
VGP NV has announced results for the first half of 2024. Compared to the first half of 2023, profit before tax has increased by 218%. The company has also concluded a record volume of new rental contracts.
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News Immofinanz sees profit surge in H1 2024
29
Aug
2024

Immofinanz sees profit surge in H1 2024

by Property Forum
Immofinanz Group, majority owned by CPI Property Group, recorded a rental income growth of 13% during H1 2024 to €292.5 million compared to the same period of last year and recorded a strong profit, according to a financial report.
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News Heavily polluted environments reduce cognitive abilities by half
27
Aug
2024

Heavily polluted environments reduce cognitive abilities by half

by Property Forum
Sick building syndrome (SBS) is becoming a growing problem affecting millions of buildings worldwide. In Great Britain and New Zealand, up to 80% of employees have shown symptoms of SBS leading to increased sickness and reduced productivity.
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News European offices seem to be coming back to life
26
Aug
2024

European offices seem to be coming back to life

by Property Forum
CBRE's new pan-European survey has confirmed the success of the long-term effort of companies to attract employees back to their offices, with the best results achieved by large companies.
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News Czech Republic to run out of basic building materials
26
Aug
2024

Czech Republic to run out of basic building materials

by Property Forum
The Czech Republic has been risking losing its self-sufficiency in producing stone and sand, according to the Euroconstruct report. These essential materials are becoming scarce because closed deposits are not replaced with newly opened ones. Obtaining permits for new ones is extremely complicated and none have been created for long.
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News Poland records highest warehouse take-up in Europe
22
Aug
2024

Poland records highest warehouse take-up in Europe

by Property Forum
According to Cushman & Wakefield, the Polish industrial market saw a marked upturn in occupier activity in the second quarter of 2024, reporting the highest leasing volume in Europe. In addition, Poland’s total industrial stock is poised to soon surpass the 35 million sqm mark. 
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Latest news


New leases

  • DevHub, a Romanian software development company, has solidified its presence in the Romanian market by opening two new offices, with a total area of over 1,000 sqm, located in the office buildings within the mixed-use projects Iulius Town Timișoara and Palas Iași, developed by Iulius.
  • ELI Parks has signed an agreement with Quehenberger Logistics for the lease of 1,703 sqm of warehouse space and 56 sqm of offices within the ELI Park Bacău project.
  • Cushman & Wakefield has appointed Szczepan Gowin to head its Industrial & Logistics Agency in Poland. He has over 15 years' of international experience in logistics and supply chain management.

New appointments

  • Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
  • From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.

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