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STORY OF THE DAY
Investment market sentiment survey: Results published

Story of the week

News Investment market sentiment survey: Results published
25
Nov
2024

Investment market sentiment survey: Results published

by Forum Property
Property Forum is excited to publish the results of its CEE investment market sentiment survey ahead of CEE Property Forum 2024 in Vienna. The results, providing an overview of market expectations across the region, are now available online.
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Report

News report RICS Robert Toomey sustainability Tina Paillet
25
Nov
2024

Sustainable buildings hampered by cost of green practices, says RICS report

by Forum Property
Further action is needed to meet national and global climate goals, while high costs of green practices has been cited as a barrier to sustainable building, finds the 2024 Sustainability Report of The Royal Institution of Chartered Surveyors (RICS).
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Last chance to fill out our investment trends survey! Pařížská Street in Prague remains in top shopping destinations Czech industrial market sees strong trend of lease prolongation

Retail

News Calea Victoriei Dana Radoveneanu rents retail Romania
25
Nov
2024

Romania’s main retail street records 9% rent growth

by Forum Property
Bucharest-based Calea Victoriei, the main retail street in Romania, boasts a prime monthly rental level of €60 per sqm, which was 9% higher compared with last year, according to a Cushman & Wakefield report.
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KLM RE sells part of retail portfolio Retail parks dominate new openings in Poland NEPI Rockcastle posts 12.3% growth in net operating income

Residential

News Bratislava JTRE residential Slovakia
25
Nov
2024

JTRE announces winner of international competition

by Forum Property
JTRE has revealed the results of international competition for new Bratislava skyscrapers. Two towers are articulated not as a single volume but as a bundle of slender towers, each ending at different points, adding to the complexity of the city skyline.
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Tatra Real opens pre-sale of resi project in Bratislava Anchor Grup starts to deliver apartments in Bucharest project Bucharest-Ilfov sees fewer homes delivered in 2024

Industrial

News Cushman&Wakefield industrial logistics Poland
22
Nov
2024

Poland ranks as second most active industrial market in Europe

by Forum Property
According to the latest report from Cushman & Wakefield, Poland recorded the second-highest industrial take-up in Europe between January and September 2024. Looking ahead, robust demand, coupled with a decline in speculative construction, is likely to tighten the availability of warehouse space for lease.
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7R and EQT Exeter join forces for logistics park in near Prague Panattoni gets €75 million financing for its park in western Poland CTP signs €1.3 billion credit facility

Interview

News Edwin Warmerdam Forvis Mazars interview investment Romania taxation
21
Nov
2024

Romania’s property sector could use a smaller VAT for renovations

by Nicolae Ovidiu
Edwin Warmerdam, Partner, Head of Tax at Forvis Mazars in Romania, spoke to Property Forum about the taxation outlook in 2025 and the tax changes that could spur investments in the local market.
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Revolutionizing retail: Dominik Uhe (Kaufland) talks strategy Now is the time of retail parks Romania’s retail market sees increased demand for experiential shopping

Hotel

News Brno Czech Inn Hotels CzechRepublic hotel
21
Nov
2024

Czech Inn Hotels expands to Moravia

by Forum Property
Czech Inn Hotels has headed outside the capital. It is buying the Barceló Brno Palace Hotel in the Moravian metropolis with a price tag climbing to CZK 1 billion (€39.5 million), reports Seznamzpravy.cz.
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Hyatt Regency brand enters Romania over regional push CPI sells hotel on Wenceslas Square in Prague Czech Inn Hotels expands portfolio in Prague

Investment

News Colliers Czech Republic industrial investment office Prague retail
21
Nov
2024

Local investors dominate Czech market in Q3 2024

by Forum Property
The total investment volume in the Czech Republic for the first three quarters of 2024 has exceeded the €1 billion threshold, reveals a regular quarterly survey published by Colliers. Approximately half of the properties bought and sold in 2024 are located outside Prague. 
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Czech RE fund reaches €790 million milestone GTC buys over 5,500 residential units in Germany Property investments in Romania soar to €655 million over nine months

Career

News career Cushman & Wakefield Czech Republic
20
Nov
2024

Cushman & Wakefield appoints new partner

by Forum Property
Jan Čížek, Head of the Retail Warehousing Team with over 15 years of experience in the retail real estate sector, has become a partner at Cushman & Wakefield.
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Bog'Art Building Management names new CEO P3 appoints new Senior Acquisition Manager Crestyl appoints new CEO

Office

News Cushman&Wakefield office Poland report
12
Nov
2024

Polish office market remains stable

by Forum Property
Cushman & Wakefield has summarised the third quarter of 2024 on the largest office markets in Poland. Office take-up in key regional cities remained on par with the figures recorded in the same period in 2023, signifying stability on the office rental market. Meanwhile, stagnation on the supply side, coupled with limited construction activity, is likely to push vacancy rates down in the future.
Read more >
Evo Properties mixed-use project in Bucharest to host 4-star hotel Developers return to Warsaw office market Office pre-leases make a comeback in Warsaw

Economy

News CEE economy election Trump
06
Nov
2024

Trump is back: What this means for CEE real estate

by Csürös Csanád
Donald Trump has secured the necessary electoral votes to secure a second term, raising questions about how his presidency will influence real estate markets in Europe and CEE.
Read more >
Trump presidency: A nightmare for CEE economies CEE economic convergence: A success story with challenges ahead Hungary's construction sector shows signs of rebound

New leases

  • The Unisono chain has joined the ranks of tenants at Designer Outlet Sosnowiec (southern Poland). The women's clothing brand will occupy 115 sqm of space in the facility.
  • 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.

New appointments

  • Agnieszka Słomka-Gołębiowska has resigned from her position as a member of the Supervisory Board and chair of the Audit Committee of Ghelamco Invest. The position of member of Ghelamco's Supervisory Board will be filled by Lidia Jabłonowska-Luby. An existing member of the Audit Committee, Jarosław Myjak, was also appointed to act as chairman of the Audit Committee.
  • MLP Group is from now on working with a smaller board of directors. Monika Dobosz has resigned from her position. She had served on the company's board since July 2022, when she was appointed to the board together with Agnieszka Góźdź.
  • After almost eight years at the helm of Savills IM's Polish office, Piotr Trzcinski is leaving the firm. He joined Savills IM in 2017.

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