News - Office tenants adopt wait-and-see strategy in Poland
04
May
2020

Office tenants adopt wait-and-see strategy in Poland

by Property Forum
Has the Polish real estate market been hit by the coronavirus pandemic? How will it change over the course of several months? Cushman & Wakefield presented a summary of Q1 2020 on the Polish property market, the impact of the pandemic on each sector and economic forecasts for Poland in its new report.
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News - COVID-19 to accelerate change in global supply chains
04
May
2020

COVID-19 to accelerate change in global supply chains

by Property Forum
The COVID-19 crisis is expected to accelerate change in global supply chains, manufacturing and online retailing that could benefit the European property market, says Colliers International in its latest “Trends Emerging and Accelerated by the Covid-19 Pandemic” report.
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News - Romania’s annual investment volume to be half of previously expected
04
May
2020

Romania’s annual investment volume to be half of previously expected

by Property Forum
The immediate impact of COVID-19 pandemic in the real estate market will be felt during the second quarter of the year while on the medium and long term the focus will be on health and safety measures as well as on technology, these are the main takeaways from the Romania Call Flash, organized by CBRE Romania.
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News - What’s next for the Bulgarian market? – Free online panel
30
Apr
2020

What’s next for the Bulgarian market? – Free online panel

by Property Forum
Property Forum’s series of virtual events, organised in partnership with the RICS, continues with a free online panel discussion providing a market update for Bulgaria. Attendance is free but registration is mandatory.
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News - Has COVID-19 affected construction sites in SEE?
30
Apr
2020

Has COVID-19 affected construction sites in SEE?

by Property Forum
The construction industry seems to have been relatively less affected than some other industries (like tourism) as most large projects continue during the lockdown measures across the region. The Eastern European Construction Forecasting Association has published a COVID-19 update on the construction sectors of Bulgaria, Croatia and Slovenia.
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News - Investors find it difficult to close deals amid lockdowns
29
Apr
2020

Investors find it difficult to close deals amid lockdowns

by Property Forum
Is the lockdown completely rewriting CEE's risk map? How does COVID-19 affect real estate financing? How can I close an ongoing transaction without travelling? These and similar questions were discussed by the experts at Property Forum’s latest online investment panel.
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News - Is it time to look for alternative investment opportunities?
28
Apr
2020

Is it time to look for alternative investment opportunities?

by Property Forum
Property Forum’s series of virtual events, organised in partnership with the RICS, continues with an online panel discussion focused on residential asset classes such as student housing and build-to-rent. Our diverse group of panellists will answer all the burning questions that may arise in this unprecedented situation.
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News - How can COVID-19 impact the flex office market?
28
Apr
2020

How can COVID-19 impact the flex office market?

by Property Forum
The coronavirus pandemic will transform the office property market, significantly driving demand for flex workspace solutions. In the next 12-18 months, flex formats will increase to approximately 30% of total modern office spaces in Central and Eastern Europe from 3-5% before the crisis. The winners will be landlords and operators who focus on flex office hubs which offer clients not only flex and flex & core formats but an integrated work/life service concept, according to a new report by flex space operator New Work.
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News - Are the lockdowns completely rewriting CEE's risk map?
27
Apr
2020

Are the lockdowns completely rewriting CEE's risk map?

by Property Forum
Property Forum’s next virtual event will aim to provide a property investment outlook for 2020 and beyond. Two presentations and a panel with influential investors, bankers and advisors will answer questions related to immediate and long-term effects of the coronavirus lockdown on the property investment market.
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News - Savills: COVID-19’s impact on global markets less negative now
27
Apr
2020

Savills: COVID-19’s impact on global markets less negative now

by Property Forum
In its latest global sentiment survey among its researchers around the world of the impact of Covid-19, Savills says that the outlook has improved slightly, with 19% of countries reporting a severe negative impact on their real estate markets due to the pandemic – an improvement compared to 29% in its previous survey conducted on 31st March - and 74% describing a moderate negative impact (opposed to 67% at end of March).
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Latest news


New leases

  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.

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