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News NEMO Fund doubles its portfolio
11
Mar
2025

NEMO Fund doubles its portfolio

by Property Forum
The Czech real estate market has exceeded expectations in 2024 and confirmed its position as an attractive European market. According to the latest CBRE Q4 2024 report, it has shown clear signs of recovery and is expected to strengthen further in 2025. The NEMO Fund focusing on long-term investments has taken advantage of these opportunities. 
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News Romania’s land market totals €450 million in 2024
11
Mar
2025

Romania’s land market totals €450 million in 2024

by Property Forum
Romania's land market demonstrated robustness in 2024, registering a transaction volume similar to 2023, of around €450 million, despite economic and political uncertainties, according to a Colliers report.
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News Prague's brownfield revitalisation attracts architects across world
10
Mar
2025

Prague's brownfield revitalisation attracts architects across world

by Property Forum
157 studios from 33 countries in Europe, America and Asia have applied to the competition for the revitalisation of a brownfield and the construction of new city blocks in Prague's Florenc. An international jury led by renowned German architect Stefan Behnisch has selected the advancing teams of four concurrent architectural competitions. 
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News Immocap signs memorandum with Bratislava city
07
Mar
2025

Immocap signs memorandum with Bratislava city

by Property Forum
Immocap and the Municipality of the Capital City of the Slovak Republic Bratislava have signed a Memorandum of Understanding and Joint Action on the Istropolis project. The key point of cooperation between the city and the developer is the space for culture and events.
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News YIT breaks record in resi sales in Czechia
07
Mar
2025

YIT breaks record in resi sales in Czechia

by Property Forum
YIT has announced its record sales in 2024, selling 416 units in connection with the gradual market recovery, representing a more than double increase compared to 2023 with 198 apartments. 
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News Polish warehouse market displays stability with signs of growth
05
Mar
2025

Polish warehouse market displays stability with signs of growth

by Property Forum
Poland’s industrial and logistics real estate sector remains stable, continuing to be one of the key segments of the commercial property market both nationally and across Europe. In 2024, the volume of investment transactions involving warehouse assets totalled €1.26 billion, while take-up remained at 5.8 million sqm (+4% y-o-y). Although developer activity decreased by 30%, new supply (2.6 million sqm) returned to pre-pandemic levels, with 1.8 million sqm still under construction. The sector has shown stability regarding vacancy rates (7.5%) and rental levels, which have remained consistent with the previous year, says Axi Immo in its latest report.
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News VGP reveals 2024 financial results with 229% net profit increase
04
Mar
2025

VGP reveals 2024 financial results with 229% net profit increase

by Property Forum
VGP NV has announced its results for the financial year ended 31 December 2024. During the year, new and renewed leases have been signed at a historically high level and net profit has increased by 229% compared to 2023. 
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News Decarbonisation: Construction materials play key role
27
Feb
2025

Decarbonisation: Construction materials play key role

by Property Forum
In January 5 years have passed since the European Parliament approved the Green Deal. The construction industry is accountable for 39% of global carbon dioxide emissions. The pressure to reduce emissions from clients, banks and legislation is only increasing, comments Jakub Škaloud, Project Manager and Head of the Building Differently team at VCES, one of the general contractors of Czech buildings.
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News Czech commercial market finds price equilibrium
26
Feb
2025

Czech commercial market finds price equilibrium

by Property Forum
Investment activity in the commercial real estate market in the Czech Republic has shot up sharply in the last quarter of 2024. After rising yields in 2022 and 2023, "prime yields" have stabilised in 2024 and the market has found a new price equilibrium, according to Colliers' regular quarterly survey. 
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News Prague office market suffers from supply/demand imbalance
25
Feb
2025

Prague office market suffers from supply/demand imbalance

by Property Forum
According to an analysis by Savills, office development in Prague has been declining rapidly since 2021. This trend is confirmed by 2024 figures.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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