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News Worldwide resi real estate value reaches €260 trillion
30
Jul
2025

Worldwide resi real estate value reaches €260 trillion

by Property Forum
The total value of the world’s residential real estate has reached €260 trillion by the end of 2024, according to Savills' analysis. Whilst this figure has shown an annual fall of 2.7%, the total value has risen since 2019 by 19%, reflecting the post-pandemic surge in housing markets worldwide.
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News Tenants focus on quality and location in Warsaw’s office market
29
Jul
2025

Tenants focus on quality and location in Warsaw’s office market

by Property Forum
AXI Immo has released its latest report on the Warsaw office market for the first half of 2025, showing the city’s continued resilience amid changing economic conditions. Despite a modest level of tenant activity, with total take-up reaching approximately 300,000 sqm, leasing remained steady and focused largely on central locations. Around 85,000 sqm of modern space was delivered in the first six months, with 93% located in central zones, primarily through flagship projects like The Bridge and Office House. The vacancy rate across the city stood at 10.8%, with 140,000 sqm under construction by the end of June.
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News Czechia offers 500,000 sqm of industrial space ready to lease
25
Jul
2025

Czechia offers 500,000 sqm of industrial space ready to lease

by Property Forum
The total stock of modern industrial space for lease in the Czech Republic has reached 12.68 million sqm. 131,600 sqm of new warehouse space was delivered to the market across seven industrial parks, announces Industrial Research Forum in its Market Figures for Q2 2025.
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News Public sector dominates new office leases in Bratislava
24
Jul
2025

Public sector dominates new office leases in Bratislava

by Property Forum
Renegotiations have covered more than half of the leases in the office market in Bratislava in Q2 2025, and a third of the new leases are from the public sector, according to the analysis of data for Q2 2025 conducted by Bratislava Research Forum.
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News Poland's new property tax rules: More risks, but also major savings opportunities
24
Jul
2025

Poland's new property tax rules: More risks, but also major savings opportunities

by Property Forum
Amendments to Poland’s property tax regulations, in force since January 2025, have introduced new definitions for buildings and structures, forcing property owners to re-evaluate their portfolios. The changes bring new compliance risks but can also offer substantial tax savings—up to PLN 500,000 annually in some cases—provided companies act swiftly.
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News Personnel crisis delays construction projects
23
Jul
2025

Personnel crisis delays construction projects

by Property Forum
Stagnant productivity and a shortage of workers in the construction industry could lead to a deficit of up to $40 trillion in the global construction sector by 2040, according to the latest analysis by McKinsey & Company. According to a survey by PlanRadar, 63% of construction companies consider construction to be an area that no longer attracts young people.
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News Prague office market is driven by owner-occupation transactions
23
Jul
2025

Prague office market is driven by owner-occupation transactions

by Property Forum
The total size of modern office stock in Prague has reached 3.94 million sqm at the end of Q2 2025. Renegotiations are expected to dominate, and larger tenants are remaining in a holding pattern, according to the data released by Prague Research Forum for the second quarter of 2025.
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News Poland’s investment market remains resilient in H1 2025
22
Jul
2025

Poland’s investment market remains resilient in H1 2025

by Property Forum
The Polish commercial property market recorded an investment volume of approximately €1.7 billion in the first half of 2025, according to a report by Avison Young. A total of 63 transactions were closed across all major sectors, with industrial assets attracting the highest share of capital. However, excluding the landmark Eko-Okna deal, individual transaction volumes mostly remained below €80 million. Institutional investors continued to act cautiously, while domestic capital is playing an increasingly prominent role.
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News Belgrade’s residential market signals quiet recovery
21
Jul
2025

Belgrade’s residential market signals quiet recovery

by Property Forum
The residential real estate market in Belgrade is showing signs of renewed activity following a period of stagnation, with a noticeable uptick in the number of smaller-scale projects breaking ground across the city. A new report by Cordon offering a snapshot of pricing in some of the capital’s most popular neighbourhoods reveals both the resilience of investor confidence and the challenges still dampening momentum.
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News Heimstaden reports €182 million net profit in Czechia
21
Jul
2025

Heimstaden reports €182 million net profit in Czechia

by Property Forum
Heimstaden Czech has increased its revenue from rental and sales of services to tenants by CZK 578.4 million (€23.5 million), as per the annual report published in the Collection of Documents, reports newstream.cz.
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Latest news


New leases

  • Revetas Capital announced that Bonarka for Business “B4B” has secured a lease extension contract with a company of Hitachi Group - GlobalLogic. The company, a leader in digital product engineering, has been a tenant in B4B since 2016 and leases in total of 6,500 sqm of office space in Building F.
  • GTC has extended its lease for 1,700 square meters of office space with pharmaceutical company Egis Polska. The company will continue its operations in the Corius building at the Aeropark Business Centre in Warsaw.
  • IMSAT, a company that offers integrated engineering, electrical, automation, and industrial technology solutions, has expanded its office space, within Bucharest-based The Bridge office building, to 3,800 sqm. The deal was brokered by Cushman & Wakefield Echinox.

New appointments

  • GTC has announced the appointment of Sebastian Junghänel to the Management Board as Chief Operating Officer, effective 2 September 2025. With more than 18 years of experience in the real estate sector across Germany and CEE, Sebastian brings strong expertise in asset management, project development, ESG and innovation. His career includes co-founding ZEITGEIST Asset Management, where he built a €1 billion portfolio, and senior management roles at HOCHTIEF Group. At GTC, Sebastian will focus especially on the oversight of our portfolio in Germany, which includes, includes 5,200 residential units in Kaiserslautern, Helmstedt, Heidenheim, and surrounding areas. His know-how will also support our development projects in Central and Southeastern Europe.
  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.

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