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STORY OF THE DAY
Construction delays impact new logistics supply in Czechia
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Story of the week

News Construction delays impact new logistics supply in Czechia
28
Jan
2025

Construction delays impact new logistics supply in Czechia

by Forum Property
The modern, developer-led warehouse stock in the Czech Republic has reached almost 12.3 million sqm in the fourth quarter of 2024. Approximately 106,700 sqm have been delivered to the market within 4 industrial parks across the country representing a 63% decrease compared to the same period last year and a decrease of 35% quarter-on-quarter, announces Industrial Research Forum in its Industrial Market Figures for Q4 2024.
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Report

News CPI Europe CPI Property Group Immofinanz Matej Csenky Vladislav Jirka
30
Jan
2025

Immofinanz rebrands as CPI Europe

by Forum Property
Immofinanz will be rebranded as CPI Europe following a proposal forwarded by the group’s majority shareholder CPI Property Group that was passed in a meeting of shareholders. 
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Passerinvest: no waste ends up in landfill Demand for new apartments in Prague reaches near record levels Challenges on Prague office market persist

Office

News Brno CTP Czech Republic flexible office Ostrava Prague Slovakia
30
Jan
2025

CTP expands coworking network in Czech cities

by Forum Property
The Czech office market is facing historically low supply, especially in premium locations where new office construction has slowed down significantly. CTP is responding to these needs through its Clubco network of coworking centres. 
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Office space availability in Warsaw to shrink in 2025 Average vacancy in Polish regional cities hits 17.8% Scott.Weber Workspace opens largest project in Prague to date

Residential

News Cresco Czech Republic Hochtief Prague residential
30
Jan
2025

Cresco moves ahead with resi project in Prague

by Forum Property
The foundation stone of the second stage of the SO-HO Rezidence by Cresco has been laid in Prague's Holešovice.
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Walter Herz expands in Poland with luxury resi division Penta Real Estate and Archdiocese of Prague cooperate in rental housing development Cordia aims to complete over 1,000 apartments in Budapest this year

Career

News CEO Genesis Property Ionel Purice Liviu Tudor Romania YUNITY Park
30
Jan
2025

Genesis Property names new CEO

by Forum Property
Romanian office developer Genesis Property has named Ionel Purice as CEO. He has previously held the position of CEO of Genesis Development, part of the same group. 
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Kamco Invest & Ian Worboys launch European Green Logistics Space Roca Industry names new CEO CTP appoints new Managing  Director for Czech Republic

Retail

News Argeș Mall Bucharest Cushman & Wakefield Echinox Dana Radoveneanu MAS REI Prime Kapital retail retail park Romania
30
Jan
2025

Retail deliveries in Romania fall 15% in 2024

by Forum Property
New retail projects with a combined leasable area of around 180,000 sqm were completed in Romania during 2024, down by around 15% versus 2023, with retail parks accounting for the biggest share of deliveries, according to Cushman & Wakefield Echinox. 
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Leroy Merlin leases 11,000 sqm in Mall Moldova Repaco Capital delivers retail park near Bucharest New retail supply in Poland reaches long-time high

Investment

News Česká Spořitelna Czech republic investment office Prague
29
Jan
2025

Česká spořitelna to sell HQ buildings in Prague

by Forum Property
Česká Spořitelna has already revealed its plans to move its headquarters within a few years. Its new campus is being built in Smíchov, Prague. With this planned change, which should take place around 2028, the bank is planning to completely abandon its existing buildings near the Budějovická and Roztyly metro stations. The bank has already put its old buildings on the market, reports e15.cz.
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Develia buys land in Wrocław for student housing Prague project worth billions sees green light APS Group buys IMO Property Investments Bucharest

Industrial

News Dąbrowa Górnicza Hymon Kajima Poland Maciej Runkiewicz Poland solar
29
Jan
2025

Kajima Poland & Hymon deliver PV project for NGK Ceramics Polska

by Forum Property
Polish photovoltaic installation companies Kajima Poland and Hymon have completed the construction of a new solar plant for a facility operated by NGK Ceramics Polska in Dąbrowa Górnicza, southern Poland. 
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Douglas leases 46,200 sqm from CTP near Warsaw Martley Capital sells two warehouses in Poland P3 acquires logistics park and land in Slovakia

Interview

News development interest rates interview mortgage Poland PRS residential
29
Jan
2025

Lower interest rates to drive demand on Poland’s resi market

by Michał Poręcki
Mirosław Bednarek, CEO of Matexi Polska has talked to Property Forum about the recent situation in the Polish residential market, the expected revival of the PRS segment and the biggest challenges in 2025.
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B+N CEO shares details of major acquisition in Germany and future plans Investors get more familiar with data centres and student housing Poland needs long-term, responsible housing policy

Hotel

News Czech Republic hotel Prague Sir Hotels
17
Jan
2025

Sir Hotels enters Czech market

by Forum Property
The dynamically developing Amsterdam hotel chain Sir Hotels is opening its first branch in the Czech Republic in mid-March. The new hotel is located near Prague's Tančící dom, reports E15.cz. 
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Hungarian developer plans hotel in Bratislava Prague's InterContinental to open this spring PPF Real Estate acquires hotel in Prague

Economy

News CEE economy election Trump
06
Nov
2025

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.
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Trump presidency: A nightmare for CEE economies CEE economic convergence: A success story with challenges ahead Hungary's construction sector shows signs of rebound

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New leases

  • Arup has extended its lease agreement in the Korona Office Complex owned by GTC. The project based in central Krakow has a leasable area of 38.250 sqm spread across four buildings.
  • Arvato has extended its warehouse lease agreement at Prologis Park Błonie near Warsaw. The company has increased its occupied warehouse space by an additional 8.9 thousand sqm. The total area leased by Arvato is now 14.2 thousand sqm in building DC7.
  • DB Schenker has leased 5,000 sqm of industrial space in Olympian Parks Cluj, in a deal brokered by Simon, Iuga & Part­ners.

New appointments

  • Carmen Ravon will be the new Head of Retail for CEE at CBRE starting February 1st. With over 17 years in retail real estate, she has worked with top international brands and provided valuable portfolio optimization and leasing advice.
  • Katarzyna Kopszak-Dziurnikowska, the organisation's former Chief Investment Officer, has joined the board of Apsys Polska. She started work in her new position on 1st of January, 2025.
  • Małgorzata Głowicka has joined Ceres as Chief Financial Officer responsible for Central and Eastern European markets. The company provides services in the areas of property management, project commercialisation, construction, redevelopment, modernisation and repositioning of properties.

Latest news


Ørsted and PGE have reached a final investment decision (FID) for the 1.5 GW Baltica 2 Offshore Wind Farm.

Ørsted and PGE have reached a final investment decision (FID) for the 1.5 GW Baltica 2 Offshore Wind Farm.

PPC Renewables Romania, a subsidiary of the PPC Group, has launched a new control room designed to optimize the production across its expanding portfolio of wind and solar parks.

PPC Renewables Romania, a subsidiary of the PPC Group, has launched a new control room designed to optimize the production across its expanding portfolio of wind and solar parks.

Hungary has risen to the top of Europe's solar energy leaderboard, surpassing Greece, with solar power now contributing an impressive 25% of the country's domestic electricity generation in 2024.

Poland and Canada have signed an agreement to strengthen cooperation on nuclear power, providing a legal framework for closer ties.

Polenergia, Poland's largest privately owned energy company, has signed a six-year deal with video game developer CD PROJEKT to supply 22 gigawatt hours (GWh) of renewable energy.

Renewables company Qair has secured two energy storage projects in Poland, with a combined power capacity of 200MW and energy storage of 800MWh.

The bulk of this debt, RON 772.92 billion, was government securities. Borrowing amounted to RON 143.42 billion.

The bulk of this debt, RON 772.92 billion, was government securities. Borrowing amounted to RON 143.42 billion.

21 companies listed on the Main Market of the Bucharest Stock Exchange (BVB) achieved the highest VEKTOR by ARIR score in 2024, compared to 16 companies in 2023.

21 companies listed on the Main Market of the Bucharest Stock Exchange (BVB) achieved the highest VEKTOR by ARIR score in 2024, compared to 16 companies in 2023.

Starting February 3rd, Retele Electrice Romania will relocate the customer care center in Bucharest, Calea Călărașilor nr. 250 to a new address: Str. Brazilia nr. 2-8.

In 2024, global IPO volumes fell 10%, with proceeds down by 4% YOY, while India led in volume and the US led in proceeds.

The EIB Group supported a record of over €100 billion in new investment for Europe's energy security in 2024.

Romanian office developer Genesis Property has named Ionel Purice as CEO. He has previously held the position of CEO of Genesis Development, part of the same group. 

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