News Vacancy rate decreases on CE industrial market
19
Jul
2016

Vacancy rate decreases on CE industrial market

by Ákos Budai
Cushman & Wakefield has published its new CE industrial map to give a comprehensive overview of the most important logistics and industrial sites in Central Europe, Russia and Germany. In addition, this year’s edition has been expanded with figures for Italy’s Milan.
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News Immofinanz sings new leases in Budapest
19
Jul
2016

Immofinanz sings new leases in Budapest

by Ákos Budai
Immofinanz has signed several lease agreements since the beginning of the calendar year 2016 accounting for approximately 40,000 sqm of its Hungarian portfolio. Of this figure, prolongation of leases accounts for more than 25,500 sqm, and new and expanded contracts sum up at 14,500 sqm.
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News Czech investment market closes strong quarters
14
Jul
2016

Czech investment market closes strong quarters

by Ákos Budai
“Total commercial real estate investment in the Czech Republic recorded €490m in Q2 2016 contributing to an H1 2016 total of €950 million, a 26% reduction on the same period of last year. However, it should be noted that the considerable difference is due to the Palladium shopping centre transaction in H1 2015. When excluded, H1 2016 was 34% up on H1 2015,” says Jiri Horak, investment analyst at JLL.     
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News HB Reavis to join new development project in Bratislava
13
Jul
2016

HB Reavis to join new development project in Bratislava

by Ákos Budai
Award-winning UK architecture practice Make Architects has been appointed to design a state-of-the-art office building in Bratislava’s Central Business District. HB Reavis has been chosen as the development manager of the new mixed-use scheme which will be developed on the site of the current Apollo Business Centre I.
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News What's next for the Czech and Slovak markets?
13
Jul
2016

What's next for the Czech and Slovak markets?

by Ákos Budai
Central European commercial property markets are expected to attract even more investors than last year and the competition among countries is fiercer than ever. What does it take to change lost lasting perceptions and secure interest from international buyers? Andy Thompson MRICS, Director of Investment Services at Colliers International talked to us in Bratislava about recent developments on the Czech and Slovakian markets.
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News Prologis signs new e-commerce deal in Warsaw
13
Jul
2016

Prologis signs new e-commerce deal in Warsaw

by Ákos Budai
Prologis has signed a lease agreement with Grupa Allegro, the largest e-commerce platform in Poland, for 21,950 square metres at Prologis Park Błonie. The transaction involves 13,100 square metres of space that has been leased now and an additional 8,850 square metres that will be leased in 2017.
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News Investment volume on the Hungarian market triples over 2015
13
Jul
2016

Investment volume on the Hungarian market triples over 2015

by Ákos Budai
The sharp rebound of the Hungarian real estate investment market witnessed in H2 2015 has gained further momentum during the first half of this year. According to JLL the transaction volume of the first semester reached more than EUR 910 million, already more than during the full 2015 year, highlighting the increasing weight of capital targeting Hungarian assets.
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News Transparency on the rise in Central and Eastern Europe
07
Jul
2016

Transparency on the rise in Central and Eastern Europe

by Ákos Budai
Two-thirds of real estate markets globally have shown progress in levels of transparency over the past two years, according to JLL and LaSalle Investment Management’s 2016 Global Real Estate Transparency Index (GRETI). The ten countries identified as “Highly Transparent” by GRETI account for 75 percent of global investments into commercial real estate, highlighting the extent to which market transparency drives real estate investment decisions. Poland registered an excellent result in this year’s index and stands just outside the top ten, while other countries in the CEE region have also improved their results.
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News Echo Investment launches new project in Katowice
07
Jul
2016

Echo Investment launches new project in Katowice

by Ákos Budai
Echo Investment has obtained a building permit for the construction of Galeria Libero, which is to be built on Kościuszki Street in the southern part of Katowice. The investor also concluded a contract with the city authorities concerning the road layout around the facility.
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News GTC buys two office buildings in Poland
07
Jul
2016

GTC buys two office buildings in Poland

by Ákos Budai
GTC has announced the acquisition of Neptun Office Center and Sterlinga Business Center, located in Gdańsk and Łódź respectively. These two Class A office buildings, featuring modern design and a total GLA of 30,000 sqm and 364 parking places, will enrich the Group’s Polish investment portfolio.
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Latest news


New leases

  • Borg Automotive Group will move into new premises at HI Piotrkowska office building in Łódź in February 2025. It will occupy approximately 300 sqm. Brookfield Partners supported the tenant in the negotiation process.
  • TK Maxx shop will be opened at Ferio Konin (central Poland). The brand will occupy 2,000 sqm of space in the extended part of the shopping centre.
  • In November, RTV Euro AGD will open four new shops in four Polish cities: Wrocław, Mikołów, Bydgoszcz and Szczecin. Shops will be opened in Galeria Dominikańska in Wrocław (sales floor area of 950 sqm), Park Handlowy in Mikołów (570 sqm), CH Focus in Bydgoszcz (555 sqm) and Vendo Park in Szczecin (480 sqm).

New appointments

  • From November 1st 2024, Izabela Potrykus is to take on the role of head of the leasing team at CPI Property Group (CPIPG) and take on responsibility for 20 office buildings with a combined area of 516,000 sqm.
  • Knight Frank continues to strengthen its European management team with the appointment of Charles Taylor as CEO of Knight Frank Poland. He is a former Managing Director of Cushman & Wakefield Poland.
  • Immo lab, a consultancy specialising in strategic investment advice in the real estate sector, announces that Bartłomiej Ciemała is joining its team to take up the position of director of investment development.

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