Polish capital strengthens its presence on CRE market image
STORY OF THE DAY
Polish capital strengthens its presence on CRE market

Story of the week

News Polish capital strengthens its presence on CRE market
12
Mar
2025

Polish capital strengthens its presence on CRE market

by Forum Property
According to data from Cushman & Wakefield, Poland’s commercial property investment volume hit approximately €5 billion in 2024, marking a strong rebound of around 140% year-on-year. Additionally, Polish capital significantly increased its share of investment activity, with transactions totalling €444 million last year - an almost threefold rise from 2023. However, for this momentum to continue, systemic solutions such as the adoption of the long-awaited REIT legislation are necessary. If implemented, these measures would help prevent a potential outflow of Polish investors from the real estate market, especially when yields begin to harden. 
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Retail

News Czech Republic investment REALIA FUND SICAV retail
13
Mar
2025

REALIA FUND SICAV adds new retail park to its portfolio

by Forum Property
The qualified investor fund REALIA FUND SICAV has expanded its portfolio with another acquisition in northern Moravia.
Read more >
Hagag to open luxury department store in Bucharest King Cross Zagreb mall rolls out €40 million extension Biggest food hall in Eastern Europe to open in Bucharest

Report

News Czech Republic investment report Savills
13
Mar
2025

Q1 RE investment volumes in Czechia to surpass €1 billion

by Forum Property
More than €1 billion worth of commercial properties were already transacted in Q1 2025 in the Czech Republic, representing a 180% increase compared to the same period last year, according to Savills. 
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Wing Group records close to €300 million in sales during 2024 European real estate to start new growth cycle, says PWC & ULI report NEMO Fund doubles its portfolio

Residential

News Brno Czech Republic residential UDI Group
13
Mar
2025

UDI Group launches new resi project in Brno

by Forum Property
Since the beginning of March, UDI Group has started demolishing industrial buildings on the Svitavské riverbank in Brno. In their place, the developer is planning to build the Urban Park residential project. 
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Bellemonde expands resi project near Bucharest More Romanians looking for resi rental, says survey Resi pipeline in Bucharest region totals 18,000 units in 2025

Industrial

News Czech Republic industrial VGP
13
Mar
2025

VGP reports full occupancy in Ústí nad Labem

by Forum Property
VGP has achieved full occupancy in VGP Park Ústí nad Labem City by leasing the remaining 18,800 sqm of warehouse and operational space in halls B and C. 
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Warehouse market in Warsaw suburbs recovers Accolade receives loan for construction of 2 industrial parks Cushman & Wakefield to manage Accolade portfolio

Career

News 7R career Czech Republic industrial Prague
13
Mar
2025

7R strengthens its presence in Czechia

by Forum Property
Since early 2024, 7R has been advancing two projects in Czechia. Both developments have obtained full building permits, underscoring 7R’s commitment to expanding its footprint in the region. Now the developer has also appointed Štefan Bohoš as a new Leasing Manager to strengthen its presence in the Czech Republic.
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Former Czech fund CEO establishes new investment company Crestyl appoints new CFO for Czechia Accolade appoints new Transaction Director

Office

News Andrei Ianculescu Bucharest CEE fitout office Romania
12
Mar
2025

Bucharest office fit-out costs remain among lowest in CEE

by Forum Property
Bucharest has seen a 12% increase in average office fit-out costs in 2024, surpassing €1,000 per sqm, but this level is still among the lowest in capital cities across CEE, according to Cushman & Wakefield Echinox research.
Read more >
IWG opens new Regus centre near Budapest CPI Romania inks lease extensions in Bucharest Tech spearheads office leasing in Romania

Investment

News Austria CPI Europe Czech Republic myhive Pankrac House office Prague Ramada hotel Vienna
11
Mar
2025

CPI Europe sells properties in Vienna and Prague

by Forum Property
CPI Europe has announced the sale of several properties in Vienna and Prague as part of a strategic portfolio optimization initiative.
Read more >
P3 Group portfolio reaches €10 billion CA Immo completes sale of Warsaw office building LCP acquires another retail park from Refield

Hotel

News Bucharest CEE Colliers Romania hotel Raluca Buciuc Romania
06
Mar
2025

15 new hotels coming to Romania by 2026

by Forum Property
Romania is preparing for a wave of new hotel openings in 2025-2026, solidifying its position as an attractive tourist destination in CEE, according to a report by Colliers.
Read more >
Prague hotel changes hands in CEE's largest single hotel transaction First JW Marriott in Poland to be built in Kraków Hotel investments in Romania up 56% in 2024

Interview

News banks Eversheds Sutherland financing investment legal Poland tax
28
Feb
2025

Banks in Poland pay more attention to ESG issues now

by Michał Poręcki
Mateusz Dereszyński, Partner and Head of Banking and Finance at Eversheds Sutherland Polska, talked to Property Forum about the availability of financing in Poland, the importance of ESG for banks and the investment forecasts for 2025.
Read more >
Tax incentives and ESG drive property investments in Hungary Return to office mandates to boost demand for new spaces Lower interest rates to drive demand on Poland’s resi market

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.
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

  • BrainShare IT, a new technology company will occupy almost 1,100 sqm in Unity Tower, the tallest office building in Kraków. In the transaction process, the tenant was represented by aItra Polska, while the landlord was represented by JLL, which is the exclusive agent responsible for the commercialisation of the complex.
  • The M1 Bytom shopping centre, managed by EPP, is strengthening its retail and entertainment offer with new tenants - Sinsay clothing brand and the FlyPark amusement park, which is due to open this summer. The total space covered by the new contracts is 3,600 sqm.
  • Omoda & Jaecoo Polska, an importer and distributor of two automotive brands, has moved into an 800 sqm office in the Adgar Park West building in Warsaw. Previously, the company occupied a much smaller office space with the same operator in the Adgar Plaza One office building.

New appointments

  • Emil Domeracki joins Walter Herz as a partner and shareholder. He will be responsible for strategic initiatives, as well as business planning and development in the area of land investment.
  • Tomasz Michalczyk has taken on the Head of Office Agency role at Axi Immo advisory agency. He will manage the team, acquire and advise key clients on the office market.
  • Hungarian construction player Óbuda Group has announced the appointment of two new Deputy CEOs. Gábor Horváth will lead the project management division, while Ottó Vörös will oversee operations. Horváth brings 35 years of experience in the construction industry, while Vörös has over two decades of management and financial experience in real estate management.

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