Banks reveal their most preferred asset to finance image
STORY OF THE DAY
Banks reveal their most preferred asset to finance

Story of the week

News Banks reveal their most preferred asset to finance
31
Mar
2025

Banks reveal their most preferred asset to finance

by Novakova Maria
Development financing in Slovakia has been challenging recently because of banks‘ high equity requirements and stringent pre-lease/pre-sale conditions, revealed panellists during a discussion at Bratislava Property Forum 2025 about property financing. On the good side, interest rates are expected to remain stable, with Slovakia's financing costs closer to Western Europe than Southern markets.
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Career

News AFI career Czech Republic
01
Apr
2025

AFI appoints new CEO for Czechia

by Forum Property
Investment and development company AFI has announced the appointment of Karin Shalev Shogol as CEO for the Czech Republic. Karin has replaced Doron Klein who will focus on other tasks and challenges related to AFI after fourteen years of successful leadership of the Czech team. 
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Indotek Group names Florian Nowotny as Group CFO EGLS appoints new Director of Investment & Development for Poland 7R strengthens its presence in Czechia

Office

News CFIG coworking Czech Republic office Pardubice
31
Mar
2025

CFIG offers coworking in Pardubice free of charge

by Forum Property
CFIG has opened CFIG WorkSpace, a coworking space in the heart of Pardubice for startups, students and small businesses. It is designed to provide support, share ideas and get advice from other entrepreneurs and professionals.
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Torus secures financing for office building in Gdańsk Prime buildings in Poland bet on flexible spaces Scott.Weber to open new coworking centre in Prague

Report

News Alexandru Bonea investment Meta Estate Trust real estate Romania
31
Mar
2025

Meta Estate Trust reports 15% profit gain in 2024

by Forum Property
Romanian real estate holding Meta Estate Trust has recorded a 15% year-on-year increase in net profit, reaching RON 10.8 million (€2.2 million) in 2024, while its total revenues rose 22% to RON 34.5 million (around €7 million).
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CPI Europe jumps back to profit in 2024 Limited supply and rising rents are common for CEE office markets Prague office fit-out costs remain competitive

Investment

News acquisition investment logistics Poland Prologis Raben warehouse Warsaw
31
Mar
2025

Prologis buys large warehouse park near Warsaw

by Forum Property
Prologis has acquired from P3 a logistics park in the Warsaw region. Prologis Park Grodzisk spans nearly 70,000 square meters across four warehouse buildings, strategically located 35 kilometres from Warsaw. The price has not been disclosed.
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One United Properties closes large land deal in Bucharest BIG Poland acquires shopping centre in Olsztyn Quadra Underwriting announces European expansion with Aviva

Interview

News construction materials interview Poland PSB Group retail
31
Mar
2025

Prices of construction materials in Poland should stabilize this year

by Forum Property
Anna Kaminska, Member of the Board of PSB Handel Group, has talked with Property Forum about the process of construction materials in Poland, the rising popularity of modular construction and the demand for ‘green’ products.
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Polish tax system needs more stability NEPI Rockcastle CEO: We remain committed to ESG Banks in Poland pay more attention to ESG issues now

Residential

News Cluj-Napoca financing Hexagon Group Libra Internet Bank Romania
28
Mar
2025

Hexagon secures €18 million funding for resi complex in Cluj-Napoca

by Forum Property
Romanian developer Hexagon has secured a financing of over €18 million from Libra Internet Bank, for the development of a residential complex in Cluj.
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Bucharest grapples with decline in resi permits and completions Meta Estate Trust exits resi project in Sibiu Alto RE tops resi project construction in Bratislava

Retail

News Europe Louis Vuitton luxury Raluca Zlate retail Romania Zegna
27
Mar
2025

Romania’s luxury retail niche ripe for growth

by Forum Property
The European luxury retail market experienced more moderate growth in 2024, following the significant advances in the post-pandemic period. Within this context, Romania stands out as a market with significant development potential in this segment, although the availability of suitable retail spaces presents a challenge, according to a Cushman & Wakefield report.
Read more >
Iulius to start €80 million revamp of Palas Iași Prime Kapital, MAS to deliver new mall in Iași next month Prague expects record year in luxury retail

Hotel

News Bucharest hotel Jean Pierre Mifsud Niro Investment Group Romania Simon Casson
24
Mar
2025

Niro Group opens first Corinthia hotel in Romania

by Forum Property
Niro Investment Group has officially opened its luxury boutique hotel Corinthia Grand Hotel du Boulevard Bucharest, following a franchise agreement with the Corinthia hotel chain.
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Sir Hotel opens in Prague THR sells seaside hotel in Romania for €6.1 million 15 new hotels coming to Romania by 2026

Economy

News banking commercial real estate Cushman & Wakefield Echinox finance Romania Vlad Săftoiu
21
Mar
2025

Banking sector holds low exposure in Romania’s CRE

by Forum Property
Romania's banking sector has a relatively low exposure to the commercial real estate (CRE) market, indicating stability and significant growth potential, according to an analysis by Cushman & Wakefield Echinox. 
Read more >
Trump is back: What this means for CEE real estate Trump presidency: A nightmare for CEE economies CEE economic convergence: A success story with challenges ahead

New leases

  • Grammarly, a global AI service provider developing spell correction technology, has opened its new European headquarters in CPI Property Group's Warsaw Financial Center office building. The company has taken over 1,000 sqm of space. JLL experts supported the tenant in the transaction and legal advice was provided by Baker McKenzie law firm.
  • Enlarged showrooms for three brands - Tommy Hilfiger, Calvin Klein and Marc o'Polo - have opened in the Wrocław Fashion Outlet. The space they occupy has increased by a total of 500 sqm
  • P3 Logistic Parks has leased the last available space in P3 Łódź City III. Rock Communication will occupy 9,290 sqm of manufacturing and warehouse space to be used for production and distribution of fibre optic and power cables.

New appointments

  • Ghelamco Invest has announced the reorganisation of its board of directors. Jarosław Zagórski, Joanna Krawczyk-Nasiłowska, Arnold Neuville, Jarosław Fiutowski, Damian Woźniak and Rafał Gierczak resigned as members of the company's board. As a result, the board consists of Paul Gheysens, Michael Gheysens, Marie-Julie Gheysens, Christiaan Heggerick and Jarosław Jukiel. This reduced number of board members (from 11 to 5) is expected to streamline the decision-making process, allowing all stakeholders to focus on their core roles.
  • Joanna Bieniek has taken up the position of Head of Leasing at Galeria Askana in Gorzów Wielkopolski (Western Poland). Prior to joining the Galeria Askana team, she headed the leasing department at Cream Property Advisors.
  • Balint Szécsényi has resigned as a member of GTC's supervisory board with immediate effect. The resignation was announced by the company's Board of Directors.

Latest news


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