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News Warsaw office market faces supply challenges
30
Jan
2024

Warsaw office market faces supply challenges

by Property Forum
Only 60,900 sqm of office space was completed in the Polish capital in 2023, the lowest total in the history of the Warsaw office market. Savills also notes that development activity in Warsaw picked up in the second half of last year in response to a prolonged period of undersupply. In the most optimistic scenario, approximately 445,000 sqm of new office space will be delivered onto the Warsaw market in 2024–2026. 
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News What can restart Bratislava's residential market?
25
Jan
2024

What can restart Bratislava's residential market?

by Property Forum
As early as 2022, when banks started raising mortgage prices, the fewest apartments in new buildings have been sold in Bratislava since the economic crisis. The 2023 market figures are not optimistic either, DennikN.sk reports.
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News 500,000 sqm of Czech industrial space awaits tenants
25
Jan
2024

500,000 sqm of Czech industrial space awaits tenants

by Property Forum
The modern developer-led warehouse stock in the Czech Republic has reached 11.70 million sqm. The Industrial Research Forum has announced industrial market figures for Q4 2023.
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News With low construction, what drives Prague's office market?
23
Jan
2024

With low construction, what drives Prague's office market?

by Property Forum
The Prague Research Forum – CBRE, Colliers, Cushman & Wakefield, iO Partners, Knight Frank and Savills – has shared an updated Prague office market insight. Figures and data for Q4 2023 have confirmed a cautious approach both from developers and tenants.
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News Property companies expect higher financing costs in Europe this year
22
Jan
2024

Property companies expect higher financing costs in Europe this year

by Property Forum
Cost of financing and capital availability are some of the core challenges this year for real estate companies in Europe, shows a Deloitte survey.
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News What challenges is the Czech market facing in 2024?
19
Jan
2024

What challenges is the Czech market facing in 2024?

by Property Forum
According to experts from Colliers, the Czech real estate market is facing several challenges this year.
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News Residential developers in Brno expect buyers back in 2024
17
Jan
2024

Residential developers in Brno expect buyers back in 2024

by Property Forum
The residential segment in Brno has booked rather not a positive record. Data from the real estate company Trikaya, as e15.cz reports, are speaking clearly: while 1,192 apartments in new buildings were sold on the Brno market in 2021, last year it was only 492. This is the least in the last 10 years.
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News Top Polish construction companies report €20 billion in revenue
17
Jan
2024

Top Polish construction companies report €20 billion in revenue

by Property Forum
Revenue generated by the top 40 construction companies operating in Poland grew in double digits in 2023, in nominal terms, for the third straight year, and it was mostly the effect of the overall substantial growth of construction costs. For these companies to continue to thrive, it is necessary to disburse the EU funding for Poland promptly, including all the funds available under the National Recovery Scheme and the cohesion policy budget for 2021-2027, says Spectis.
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News Czech retail parks enjoy interest from all sides
16
Jan
2024

Czech retail parks enjoy interest from all sides

by Property Forum
The supply of modern retail space has reached 3.93 million sqm in the Czech Republic. Retail parks or shopping parks are taking a portion of 31% of this total according to Cushman & Wakefield's analysis of the Czech retail park market data. Traditional shopping centres account for about 67%, and the remaining 2% are outlets.
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News Retail drives Czech investment market in 2023
04
Jan
2024

Retail drives Czech investment market in 2023

by Property Forum
Savills recorded 40 transactions closed in 2023 in the Czech commercial real estate sector with a total investment volume of €1.2 billion. Investment volume in 2023 was down 32% in comparison to 2022. 31% of investment transactions in 2023 were closed in Prague.
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Latest news


New leases

  • LCP Properties has finalised two further leases for M Park Pionki. The CCC shoe shop will occupy 400 sqm in the building, while the area of the Xtreme Fitness gym will reach 600 sqm.
  • Two more companies have become tenants of Diuna, part of the Warsaw office portfolio of Syrena Real Estate and PineBridge Benson Elliot. Intrum has leased nearly 370 sqm and Carrier Chłodnictwo about 500 sqm in the complex on Taśmowa Street. In addition, WDX has extended its lease for nearly 500 sqm of space.
  • Castorama has opened its 103rd shop in Poland. The outlet in the compact Smart concept is located in the Dekada shopping centre, at Armii Krajowej Street in Grójec. It is a 2,000-square-metre retail space, an outdoor garden zone and an assortment of around 15,000 off-the-shelf products.

New appointments

  • Prologis' Warsaw team has gained a new director. As of 1st of April, Marzena Tkaczuk has joined the team of development experts. As Capital Deployment Director, she will be responsible in particular for the implementation of build-to-suit projects.
  • Hagag Development Europe has named Ana-Maria Nemțanu as Leasing Director. She has over 17 years’ worth of experience in the local real estate industry.
  • Emilia Dębowska has been promoted to the position of Head of Sustainability Europe of Panattoni. In her new role, she will be responsible for Panattoni’s integrated sustainable development strategy encompassing both the company’s business goals and the development of its projects in Europe for every country in which the developer is active.

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