ARTICLES LABELLED WITH TAG report

11
Feb
2021

Hungarian entrepreneur Attila Kovács has passed away

by Property Forum
Attila Kovács, who founded DVM Group in 1995 and Horizon Development in 2006, passed away in February 2021, the two companies announced.
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10
Feb
2021

CA Immo expects €180 million revaluation result for 2020

by Property Forum
Based on independent external appraisals, CA Immo expects a property valuation effect of approx. €205 million (€2.07 per share) for the fourth quarter. The increase in value will more than compensate for the valuation loss of €21.5 million (€0.22 per share) booked in the first three quarters of 2020.
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10
Feb
2021

Industrial gains investor interest in SEE too

by Property Forum
The total investment volume achieved in 2020 in the SEE region amounted to €766 million representing a 17% decline in transaction volume in comparison to the year before, according to CBRE’s market report summarising H2 2020 on the investment market.
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10
Feb
2021

Occupier activity declines on Warsaw's office market

by Property Forum
In 2020 the coronavirus pandemic pushed Poland into its first recession in 30 years following a GDP contraction of around 2.8%. According to Moody’s forecasts, implications of the second wave of the pandemic will reverberate through the economy also during the first quarter of 2021. The second quarter is, however, likely to see a recovery and this year’s GDP growth is expected to reach approximately 4%. Cushman & Wakefield summarised 2020 on the Warsaw office market.
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09
Feb
2021

New investors look for low risk opportunities on the Czech market

by Property Forum
Although the Czech Republic spent Q4 in a state of emergency, with borders being more closed more often than open towards the year’s end, the Czech real estate investment market finished on less than record-breaking results but, considering the challenging year, it was far from being bad, according to Colliers International’s latest investment market report.
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08
Feb
2021

CTP confirms 10 million sqm GLA target by end-2023

by Property Forum
CTP has announced a 15% annual growth which helped the company reach €344 million of annualised rental income by the end of 2020. With a portfolio of 6.3 million sqm and 740,000 sqm under construction at year-end 2020, CTP solidified its position as the largest logistics property owner and developer based on GLA in the Czech Republic, Romania and Serbia while announcing new developments in Austria, Poland and Bulgaria.
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08
Feb
2021

Relocations dominated Bucharest’s office take-up in 2020

by Property Forum
The office space market in Bucharest registered a total volume of transactions of approximately 240,000 sqm in 2020, a level similar to that of 2015, CBRE data shows.
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05
Feb
2021

CEE proptech fully digitises apartment handovers

by Property Forum
Realpad is a European provider of software that helps more than 60 residential developers provide better customer service. Recently, in cooperation with Slovak developer Corwin, Realpad completed a pilot project for the digitisation of the entire apartment handover process. The solution has been quickly adopted by more customers in other European markets.
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05
Feb
2021

Home prices keep on increasing in Romania. But why?

by Property Forum
The longer-term trend of price increases on the residential market continues to be the most likely scenario as demand continues to outpace supply in many of the larger cities of Romania, according to a report by the Eastern European Construction Forecasting Association.
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04
Feb
2021

Industrial remains Slovakia’s most liquid asset class

by Property Forum
Total commercial real estate investment into the Slovak market amounted to €502 million in 2020, a year-on-year decrease of 27%, according to Cushman  & Wakefield’s market reports for Q4 2020.
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Latest news


New leases

  • Wilsons, an independent law firm, has signed a lease agreement for 800 sqm of office space in The Flow Building. Situated on Wenceslas Square and developed by Flow East. Wilsons will move into their new premises in Q3 2021.
  • Echo Investment has leased 8,500 sqm of commercial space to the Kaufland chain in the shopping center at Opieńskiego Street. The store will be opened in April 2021.
  • Barbora, the owner of the e-grocery store Barbora.pl, has leased 6,000 sqm of warehouse and office space in Ożarów II Logistics Centre. The tenant was represented during the transaction process by Cushman & Wakefield.

New appointments

  • Olga Szczęsna has joined JLL Poland's Office Agency Department, where she has taken up the position of director. Olga will be responsible for the commercialization of buildings from the Patrizia portfolio, including N21, Metron and G9, as well as the Central Point building, currently under construction in the centre of Warsaw.
  • JLL Romania consolidates its industrial team by recruiting Ciprian Sîrbu in order to provide Supply Chain services on the local market. Ciprian Sîrbu has over 10 years of experience in logistics, e-commerce, and industrial supply chain, completed by 7 years in which he worked in the IT field. His role within JLL is to provide advice to customers in streamlining the supply chain like the need for such services increases.
  • Simona Costache has joined Romanian developer One United Properties as Executive Director, Residential Sales. With 15 years of experience in real estate, Simona has been involved in sales, rental and facility management for residential developers in Bucharest.


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