ARTICLES LABELLED WITH TAG Colliers

Colliers International Czech Republic has expanded its services with the launch of its Design & Build service line. The new division offers clients a wide and integral range of services directly linked to occupiers’ needs starting with fit-out consultancy, to drawing and planning space plans including the interior designs up to complete realization and turnkey handovers. The services offered under Design & Build are relevant to landlords and new occupiers, as well as to existing ones who wish to redesign existing premises and improve the productivity and retention of their employees. The latest office trends and technology are implemented to create a working environment that both inspires and motivates employees.

What is the size of the e-commerce marketplace in the CEE region? How much more might online sales activity grow in the coming years? What are the implications for the demand for the logistics and retail real estate arenas in the CEE-6 countries? The latest research by Colliers International assesses these key questions that will shape the marketplace for real estate space in these sectors going forward. 

In the first half of 2018, the total volume of modern office space at the main regional markets (Kraków, Wrocław, Tricity, Katowice, Poznań, Łódź, Szczecin and Lublin) exceeded 4,637,000 sqm. Analysts of Cushman & Wakefield report a high absorption level caused by intensified lessee activity in 2017 and pre-rental agreements of office real estate which is to enter the market this year. As a result, despite a large spike in office space supply, the vacancy rate has gone down.

Alicja Zajler joined Colliers International as Director in the Valuation and Advisory Department. Together with Ewa Czarnecka, Senior Partner and Director, Alicja will manage the department and set the course for its development.

According to Colliers International’s EMEA Industrial & Logistics Hubs report, demand for industrial and warehouse property rose in 50% of EMEA markets in 1H 2018, up from 35% in 2H 2017, driven by strong occupier sentiment, and despite challenges in the overall economy such as protectionism fears and trade tensions between the US and close trading partners in the EU.

About 10 years ago, Lehman Brothers’ bankruptcy would mark the peak of the global financial crisis and would be followed by a deep recession in several parts of the world, including Romania. However, Romania has come a long way in the last decade, with the economy seeing some radical transformations, as well as in real estate; the real estate consultancy company Colliers International Romania sees the next 10 years offering an attractive risk/reward profile.

The first half of 2018 on the Polish shopping centres market belonged to the biggest agglomerations. Over 172,000 sqm of new space was delivered, which constitutes about 75% of domestic supply. At the same time, the demand for retail space was still very high and the level of vacant buildings remained very low.

Jana Vlková has recently been promoted to the position of Director of Business Development at Colliers International in Prague. Jana will focus on identifying and securing all types of business opportunities that Colliers Czech can offer to its clients. These services, to mention a few, will include and cover supporting Office Agency, Workplace Consultancy, Project Management and Design and Fit Out works services. Jana will continue to work with her existing and future clients by providing turnkey solutions and services at the highest professional level.

A strong increase in new supply is expected in the upcoming two years, however, most submarkets of the Budapest office market will still face rental growth in 2018. Sustained rental growth for Class A properties across all submarkets - except the Periphery - is forecasted. Rental growth on the Class B market is expected to be more moderate, driven both by Hungarian firms entering the institutional market and multinational firms seeking lower cost office options, according to Colliers International's latest, mid-year office market report.

New research from Colliers International and Hotelschool The Hague reveals that despite many countries recently introducing legislation to restrict the use of Airbnb, the hospitality service continues to grow in five main European cities – London, Amsterdam, Berlin, Madrid and Paris.