ARTICLES LABELLED WITH TAG report

The high inflation rate that averages at 5% across Central and Eastern Europe and its impact on the property sector was debated during the financing panel of CEE Property Forum 2021, Property Forum's first real-life event back in Vienna since 2019 which was attended by over 400 people coming from countries all over the region and beyond.

The property markets of individual countries are affected by a number of external factors, so it is not evident that they are doing equally well in a small region like CEE. What are the strong and weak points of Hungary's property market compared to other countries in the region? How successfully has it weathered the COVID crisis? What will be the best development and investment opportunities in the coming period? These were the questions discussed by the international investors’ panel at the 2021 edition of Property Investment Forum in Budapest.

Shoppers are becoming increasingly conscious and are looking for easily accessible, environmentally friendly shopping centres that also have outdoor green areas, a representative survey called "The role of shopping centres in the 21th century" by Westend and Marketing Resolution found. The survey examined the customer habits of people living in Budapest and its suburbs, including how often they visited their favourite malls, what experiences they were looking for there or what products were in highest demand.

CEE’s leading real estate event since 2013 is back! Property Forum’s annual conference, CEE Property Forum 2021 on 20-21 September, will gather hundreds of visitors and 60 speakers that will discuss hot button issues – live and in person.

According to Savills, the European retail sector is increasingly looking more attractive to opportunistic investors. In the UK, there was a rise in opportunistic interest in the sector in the last quarter, supported by significant yield correction. In Poland, secondary retail assets are being traded at double-digit yields.

In the first half of 2021, tenants leased over 1.1 million sqm of modern office space across the capitals of the 15 CEE countries. The highest level of activity was recorded in Warsaw (249,300 sqm), followed by Prague and Budapest. The Business Services Sector continues to generate a great deal of demand and occupier activity and is one of the largest employment sectors in the region according to the “ExCEEding Borders - Office Markets & Business Services in CEE-15” report just released by Colliers.

As summer has come to an end, employers across the world have to decide where they want their employees to work from going forward. The keyword for the future will be flexibility as large employers around the globe are embracing not only working from home but also multi-location workplace strategies.

‘Big Box’ mainstream logistics assets continue to display strong fundamentals but with pricing pressures driving down yields and new themes emerging, other industrial sub-sectors now offer alternative opportunities to investors, according to a new report by Savills Investment Management.

After a relative stagnation in previous quarters, Q2 2021 saw a considerable expansion in the Activity Start indicator of the EBI Construction Activity Report. It was the first three months of 2018 last that witnessed a higher value of construction works to start in a quarter. In H1 2021, projects entered the construction phase on a total of HUF 1,398 billion, marking a significant increase of 20% and 18%, respectively, against the same period of the previous two years.

At the end of 2020, Porto Montenegro presented to the public its long-awaited project - the concept of an innovative, urban neighbourhood, Boka Place, which features a carefully planned space, with numerous gastronomic, shopping and entertainment facilities and many other benefits that will be available to Porto Montenegro residents as well as all visitors.