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Property Forum is excited to announce the shortlist of nominees for its annual CEE Property Forum Award Ceremony, which celebrates the best projects, most impactful transactions and most inspiring personalities of the CEE real estate market. This year, our team has received a record number of nominations, so narrowing the list down was a challenging task. The winners will be selected soon by a jury committee comprising leading real estate professionals, and the recipients will be announced at our Awards Gala on 24 November in Vienna, part of our annual CEE Property Forum & Awards Gala.

CPI Europe has announced the sale of several properties in Vienna and Prague as part of a strategic portfolio optimization initiative.

Which is better to meet ESG goals? Greenfield investments or conversion of existing buildings? Wise people say: it depends. Although a lot of top experts took part in a panel at the first CEE ESG Forum organised by Property Forum and Green Forum in Vienna last November, no clear answer emerged from the discussion.

Real estate investment decisions in CEE are currently made considering various challenges, such as difficulty in predicting five-year exit strategies for investments, liquidity in the region, and concerns about the impact of ESG regulations on building compliance and financing, to name a few. CEE Property Forum 2024 in Vienna has taken a closer look at European investment trends in the panel chaired by Tim Wilkinson, MRICS, Head of European Acquisitions at Indotek Group.

Property Forum’s first annual CEE Property Forum Awards Gala will take place during CEE Property Forum on 25 November 2024. The list of award categories is already available and nominations are now open until October 18th. Property Forum’s CEO Csanád Csürös answered all potential questions related to the nomination process and explained how the winners will be selected.

Industrial developer CTP has leased over 100,000 sqm of logistics space across its Hungarian projects to a Korean company specialised in automotive logistics.

Revetas Capital has secured three mandates from Korean Asset Management Companies (AMCs) representing multiple Korean Institutional Limited Partners (LPs), with an initial investment volume of more than €860 million.

Immofinanz is taking another step in optimising its portfolio by selling two office properties in Vienna. The properties in the 20th district of Vienna have been sold to an Austrian real estate investor. This sale follows several others executed by CPI Property Group, Immofinanz' majority owner, in a bid to raise cash for repaying debts.

Immofinanz has announced the sale of the Twin Towers on Wienerbergstrasse in Vienna to S Immo.

Industrial developer CTP has recorded a net income of €130.7 million in the first quarter of 2023, up 21.9% year-on-year, while the like-for-like rental growth stood at 7.8%, mainly driven by indexation and reversion on renegotiations and expiring leases. The company’s profit for Q1 2023 was €225.4 million which is 274% above the figure for Q1 2022 (€60.2 million).