As part of the fight against the coronavirus, many firms have decided to temporarily cease their production to ensure the health of their employees.

Colliers International has been assigned to assist YIT Slovakia in leasing the Pradiareň 1900 office building. After the opening, Colliers International REMS will be assisting the developer with property management.

The government of Slovakia is opening some shops that have been closed for the past two weeks, while the country's parliament will debate and possibly pass the cabinet’s proposals to help companies and the self-employed. We asked Andrej Leontiev LL.M., Partner at Taylor Wessing to comment on the aid package.

Governments continue to come up with measures to help stabilize the economy. Property Forum collected the latest efforts by CEE governments to rescue businesses and individuals affected by the coronavirus crisis.

J&T Real Estate is moving forward with the extension of the Eurovea mixed-use complex. The foundation work is progressing and the contractor selection process has concluded.

Colliers International advised Jaguar Land Rover Slovakia in leasing an 11,000 sqm new warehouse premises in DC3 – Supplier Park Nitra.

Erste Bank Group anticipates an economic slowdown for 2020 in most CEE countries due to the coronavirus situation. The bank’s report mentions a negative scenario as well, which would result in a massive recession in the region.

Due to the uncertainty surrounding the coronavirus situation Property Forum has decided to reschedule its spring events – Bratislava Property Forum, SEE Property Forum and Prague Property Forum – to autumn 2020.

In reaction to increasing demand, CTP has announced the start of the construction of new areas in Trnava and entry into a completely new location, the city of Prešov.

Prologis has appointed Paweł Sapek as Regional Head Central Europe, a role in which he is responsible for maintaining strong team leadership, identifying new opportunities and steering the region towards new paths of development. Sapek is now responsible for overseeing the company's entire CE portfolio across Poland, the Czech Republic, Slovakia and Hungary, with a total area of 4.2 million square meters. In addition, he will run the Polish branch of Prologis and directly supervise operations in Hungary.