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News CTP increases Czech portfolio to over 4 million sqm
04
Apr
2024

CTP increases Czech portfolio to over 4 million sqm

by Property Forum
CTP has increased its total lettable area in the Czech Republic to over 4 million sqm, reaching a 27% share of the Czech industrial real estate market.
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News Geopolitical tensions fuel nearshoring trends in CEE
02
Apr
2024

Geopolitical tensions fuel nearshoring trends in CEE

by Maria Novakova
The logistics market has proven to be the most resilient asset class and has seen its importance emerge during and after the COVID-19 pandemic. Still, developers are not standing idly by, they are looking for new horizons, in terms of figures, service quality and creativity. These are some of the conclusions of the panel discussion focusing on the Slovak logistics market at the recently organised Bratislava Property Forum 2024.
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News Immofinanz reports negative net profit for 2023
28
Mar
2024

Immofinanz reports negative net profit for 2023

by Property Forum
Immofinanz Group generated strong growth in rental income during the 2023 financial year. This development was based primarily on the full consolidation of S Immo, the purchase of retail properties, and solid growth in like-for-like rental income. However, due to revaluation effects, the company recorded a decline in net profit to €-229.5 million in 2023.
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News Forget pre-pandemic figures, property investment is a new game today
26
Mar
2024

Forget pre-pandemic figures, property investment is a new game today

by Maria Novakova
The uneasy geopolitical situation of the recent years is surely not helping investors in Slovakia and the CEE region, that is a reality investors live in. However, the discussion of the first panel during Bratislava Property Forum 2024 has revealed that there is still some room for optimism.
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News CA Immo reports 115% increase in EBITDA
20
Mar
2024

CA Immo reports 115% increase in EBITDA

by Property Forum
CA Immo has reported a solid operating performance for the 2023 business year. The results show, among other things, a significant increase in rental income (+8%) and high income from the sale of non-strategic properties (sales result of €179 million, FFO II +102%), which led to an increase in the operating result (EBITDA) of 115% compared to the previous year´s figure. Although the company had to record a market-driven non-cash revaluation loss of €532 million in 2023, the EBITDA of €322 million offsets a large part of the full-year revaluation loss, resulting in a consolidated net income of €–224.5 million for financial year 2023.
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News Insolvency in Czech construction market grows
14
Mar
2024

Insolvency in Czech construction market grows

by Property Forum
Construction is one of the riskiest industries in terms of payment morale. According to data from Coface, the number of insolvencies in the Czech construction industry is growing, reaching its peak only in the second half of the year 2024.
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News Demand for flex offices in Prague keeps growing
14
Mar
2024

Demand for flex offices in Prague keeps growing

by Property Forum
Prague is the second most active European market for flexible offices after London. Metropolises such as Warsaw, Amsterdam and Madrid follow at a distance, CBRE reports.
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News Housing market in Romania to post higher demand in 2024
14
Mar
2024

Housing market in Romania to post higher demand in 2024

by Property Forum
The residential market has a positive outlook this year, over favourable macroeconomic conditions and higher demand levels, especially expected to realise in H2 2024, according to a report by residential developer STC Partners.
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News Promotion can hardly catch you at home office
14
Mar
2024

Promotion can hardly catch you at home office

by Property Forum
A recent Colliers survey, based on an analysis of responses from more than 500 Czech employees across a range of industries, has revealed that over 40% of employees consider telecommuting to be a barrier to their career progression.
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News Polish warehouses remain in demand despite the market shrinking
13
Mar
2024

Polish warehouses remain in demand despite the market shrinking

by Property Forum
Demand and supply slowed during the last quarter but remained relatively strong, reveals the latest report from BNP Paribas Real Estate Poland. Both vacancy and rental rates edged up by the end of 2023. Looking ahead, urban warehouses and built-to-suit projects will increase in popularity.
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Latest news


New leases

  • In June, two new outlets will open in Outlet Lublin. Ochnik has decided to expand its existing shop to 350 sqm. Fabryka Ogólnego Rozwoju has joined the tenants of the facility and leased 770 sqm.
  • Warsaw's Skyliner has gained a new tenant. Xperi, an American technology company, will occupy nearly 3,000 sqm of space in the office building.
  • Business Services Center, a networking organisation for Polish entrepreneurs under the banner of BNI, BNI+ and Corporate Connections, has joined the group of tenants in the DL Tower building in Katowice. The company will occupy a space of 240 sqm.

New appointments

  • SVN Romania appointed Gabriel Voicu (Executive Vice President), Victor Vremera (COO) and Mircea Marin (Senior Sales Project Manager) as partners of the New Homes Division. The three have provided consultancy services for residential projects counting 20,000 residential units with a combined investment of over €1 billion.
  • STERENN, a consultancy firm specializing in hospitality market entry and real estate asset sourcing, proudly announces the addition of Bryan Wilson to its Advisory Board. Bryan Wilson brings a wealth of expertise in real estate transactions, particularly within the hospitality sector. He co-founded Wilsons, a prominent law firm in Prague, and is a UK-registered lawyer and now heads up the CEE region for DUAL Asset, transactional risk insurers.
  • MLP Group’s management team has added new members - Katarzyna Misztal (Leasing Manager), Paweł Reszczyński (Senior Land Acquisition Manager), Zuzanna Pukaluk , Mateusz Sobczak (both a Project Managers) and Szymon Grochowski ( Land Acquisition Manager). In their new roles, they will be entrusted with land acquisition and preparation for upcoming projects, oversight over construction and project work, space commercialisation and tenant relationships.

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