Recovery in Ukraine’s real estate market: How is it going? image
STORY OF THE DAY
Recovery in Ukraine’s real estate market: How is it going?

Story of the week

News Recovery in Ukraine’s real estate market: How is it going?
13
Nov
2024

Recovery in Ukraine’s real estate market: How is it going?

by Forum Property
Recovery in Ukraine began after the first months of the war. Without waiting for the war to end, the authorities and the population decided to restore both civilian and commercial facilities that had been damaged or destroyed during the hostilities. Today, this is a well-controlled and organized process of reconstruction and renovation, funded by the state, along with the help of international organizations, and by the population's efforts in the case of damaged housing. The Ukrainian Real Estate Club has collected information on specific areas of reconstruction for Property Forum, from the restoration of critical infrastructure to socially oriented projects such as schools and medical facilities.
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Retail

News CEE Cushman&Wakefield e-commerce Poland retail
14
Nov
2024

Polish e-commerce enjoys rapid development

by Forum Property
CEE is one of the most promising locations for e-commerce, according to the latest report from Cushman & Wakefield. In addition, data from Cushman & Wakefield shows that Poland accounts for over half of the turnover reported in the CEE region. The growth outlook for the Polish e-commerce sector is even more positive, as logistics costs in Poland - which are strategically important for e-commerce - are 18% lower than in the Czech Republic and 50% lower than in Germany.
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Romania’s long term retail pipeline reaches 800,000 sqm Square 7 Properties and Mitiska REIM complete €19 million retail park in Pitești WOOD & Co opens shopping centre extension in Bratislava

Industrial

News Berlin Hyp BTS Bydgoszcz green loan Panattoni Europe Poland
14
Nov
2024

Panattoni gets green financing for BTS in Bydgoszcz

by Forum Property
Panattoni has been awarded a green loan from Berlin Hyp AG worth €74.34 million. The financing is for a logistics centre in Bydgoszcz.
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CTP to build 76,300 sqm logistics park near Warsaw P3 leases 24,000 sqm to Orlen in central Poland

Report

News Dan-Adrian Chelaru green Iulius LEED office Romania sustainability
14
Nov
2024

Iulius has over 500,000 sqm certified under LEED standard

by Forum Property
Romanian developer Iulius says its entire portfolio holds green certifications or is pending certification, with more than 500,000 sqm being included in the LEED standard for green buildings.
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Started construction projects in Hungary fall on nine months Coffee machines are crucial for company news sharing Shaping the future of real estate: Balancing technology, sustainability, and human-centric design

Career

News Bog'Art Building Management Bog’Art Holding Bogdan Doicescu career Romania Tudor Marchiș
14
Nov
2024

Bog'Art Building Management names new CEO

by Forum Property
Bog'Art Building Management, the facility management company part of Bog'Art Group, has appointed Tudor Marchiș as CEO. 
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P3 appoints new Senior Acquisition Manager Crestyl appoints new CEO 108 Real Estate expands into Balkans region

Residential

News Brno Czech Republic investment residential YIT
14
Nov
2024

YIT expands to Brno with new acquistion

by Forum Property
For the first time, YIT is expanding its development activities outside Prague and is preparing its first residential project in Brno. A growing demand for quality housing in the city is offering interesting potential for construction. 
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Linkcity builds timber resi project in Pardubice European resi sector has €64 billion in fresh capital for investment Living delivers first phase of green resi project in Budapest

Investment

News Gestor investment retail retail park Spain
13
Nov
2024

Hungarian investor sells Spanish retail park to French firm

by Forum Property
Hungarian investor GESTOR REAL ESTATE announced the successful sale of Mazarrón Park, a retail destination on Spain’s scenic Costa Cálida, to French investment firm Epsilon 360° SCPI. This acquisition represents a significant milestone for Epsilon 360° as it broadens its reach into the thriving Spanish market, marking its first major investment outside of France.
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Bratislava's new port vs green protection head to General Prosecutor CA Immo to start share buyback program in next weeks EBRD lends €100 million to Vantage for green housing in Poland

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.
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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

Hotel

News construction Croatia EECFA Michael Glazer SEE Tatjana Halapija
28
Oct
2024

Higher hotel income in Croatia to boost construction sector

by Forum Property
Croatia’s revenue in the tourism sector rose by 8% year-on-year to August 2024, which might have an impact on the hotel construction activity. 
Read more >
Radisson Blu Hotel Bucharest completes €1.6 million investment Forestay Group to deliver Moxy Budapest hotel in early 2026 Hotel Co 51 brings Marriott's second Element hotel to Europe

Interview

News interview Poland PRS residential retail retail park Trei Real Estate
24
Oct
2024

Now is the time of retail parks

by Michał Poręcki
Jacek Wesołowski, Managing Director of Trei Real Estate Poland, has talked to Property Forum about the rising popularity of retail parks in Polish cities, the expansion in the PRS market and the challenges for the coming years.
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Romania’s retail market sees increased demand for experiential shopping Energy efficiency isn’t just about photovoltaic panels or heat pumps Top legal expert sees shorter lease terms and clauses for more adaptive occupancy options

New leases

  • Rondocarton, a supplier of packaging solutions made from cardboard and corrugated cardboard, part of the Rondo Ganahl Group, has leased 4,580 sqm in VGP Park Timișoara for storage operations.
  • Employment agency PowerJobs has joined the tenants of the Nowe Katowickie Centrum Biznesu office building. The company has leased nearly 350 sqm of space. The Katowice team of Cushman & Wakefield was responsible for guiding the tenant through the negotiation and signing of the lease.
  • Phoenix Pharma has decided to expand its existing lease at the European Logistics Fund 2 logistics park in Konotopa near Warsaw by an additional approximately 5,700 sqm. Under the new long-term agreement, the company has more than doubled its occupied space, to around 12.5 thousand sqm.

New appointments

  • MLP Group has appointed Piotr Kowalski as Head of Project Management for Poland and Romania. He will oversee all phases of construction projects in both markets, from concept through to property handover.
  • Agnieszka Niezgodzka joined Accolade as Associate Director of Asset Management. Her duties will be growing the portfolio and increasing the value of the properties.
  • Bartłomiej Polnik has joined Savills as Associate Director, Senior Project & Development Manager PRS & Living Sectors in the PBC department.

Latest news


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