Property markets in CEE have solid building blocks and the region can attract more investment across the commercial sector, with industrial and private student housing standing out, concluded speakers at the CEE Investment Update London 2023 event last week, organised by Property Forum and RICS.

As elsewhere, the investment market in Poland is struggling with high interest rates and financing costs. Some asset classes though, such as flats for rent and warehouses, remain a desirable commodity among investors - this is how the panel discussion focusing on investment and financing trends at Future of Real Estate 2023 can be summarised. The event was organised by Property Forum and RICS in Warsaw this week.

Introducing the first of its kind, RICS World Built Environment Forum – Europe is taking place at the Procuratie Vecchie in Venice on 19-20 October 2023. At this two-day forum, organised by RICS in collaboration with Generali Real Estate, over a hundred professionals from across the region are taking part, offering a unique opportunity to network, collaborate and exchange industry best practices. Property Forum is proud to be joining the event as a Media Partner and readers have the chance to secure tickets with a 10% discount using the WBEFPF code.

Property Forum is proud to be joining the first European World Built Environment Forum as a Media Partner. The event, organised by Property Forum’s long-term partner, the Royal Institution of Chartered Surveyors (RICS), will be held at the Procuratie Vecchie, Venice, a historical landmark in Piazza San Marco, in collaboration with Generali Real Estate.

The Royal Institution of Chartered Surveyors (RICS) has appointed Justin Young as its new CEO, tasked with managing the ongoing transformation of the organization that includes the delivery of excellent experience for staff, members, and stakeholders. He will assume the new role as of July 5, replacing Richard Collins, who was appointed interim CEO back in October 2021 following the reforms recommended by the Levitt report. 

On the occasion of Property Forum’s Living Investment Forum 2023 and under the umbrella of the RICS CEE residential working group, an online survey was conducted among large residential developers and management companies from Poland, the Czech Republic, Hungary and Romania with help from industry organisations and RICS professional network to get insight on what importance ESG considerations play in the residential sector in the CEE region. In the survey, 80% of respondents claimed that ESG is an important factor in their business decisions at the “strategy level”.

Ann Gray FRICS, President of the Royal Institution of Chartered Surveyors (RICS) and President-Elect Tina Paillet FRICS spoke to Property Forum at MIPIM about the recent and upcoming changes in the organization, innovative carbon reduction standards and creating equal opportunities in the property industry.

CEE, much like the wider European market, continues to experience subdued market sentiment, while Romania remains a positive light in the region, the RICS Commercial Property Monitor for Q1 2023 reveals.

A large share of real estate professionals globally no longer view office space as being essential for a company to operate successfully. At the same time, increasing demand for flexible workplaces is evident and office space is being repurposed for other uses more and more frequently, according to the RICS Global Commercial Property Monitor for Q4 2021.

The Q4 2021 results of the RICS Global Commercial Property Monitor indicate a continued improvement in market sentiment across Europe compared to the previous quarters, with progress particularly evident on the investment side of the market. That said, conditions remain polarised at the sector level, with the latest feedback still signalling a challenging set of circumstances for retail while industrials continue to post robust expectations for the twelve months ahead.