ARTICLES LABELLED WITH TAG coronavirus

News COVID-19 delays many construction projects in Hungary
14
May
2020

COVID-19 delays many construction projects in Hungary

by Property Forum
As the first coronavirus cases were registered in Hungary at the beginning of March, the effect of the epidemic on first-quarter figures might have been smaller. The epidemic may affect the construction industry in two ways. Projects that have already started may stop or may continue at a slower pace and it may hold back the value of projects entering construction phase.  Results show that there was a massive decline in the value of completed projects already in Q1 2020. The value of the Activity Completion Indicator of the EBI Construction Activity Report in the domestic construction industry decreased by 29% due to the epidemic, and several hundred projects were delayed.
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News Is it time for a technological revolution in property valuation?
12
May
2020

Is it time for a technological revolution in property valuation?

by Property Forum
Property Forum’s next virtual event, CEE Valuation & Investment Forum 2020, will cover the most burning topics of property investment and valuation. Leading international experts will share their own experiences and best practices related to managing the unprecedented market situation that COVID-19 has created.
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News Poland’s retail market starts return to normal
12
May
2020

Poland’s retail market starts return to normal

by Property Forum
Shopping centres in Poland were reopened on 4 May. This is an indication that there’s light at the end of the tunnel for landlords and tenants, but the ongoing pandemic will have an enormous impact on the entire retail industry. Sylwia Wiszowata-Łazarz and Joanna Kłusek from Cushman & Wakefield talked about the current market situation, changing consumer habits and what actions to take to ensure a safe return of shoppers to brick-and-mortar stores.
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News Security and flexibility to be key for office markets in the future
12
May
2020

Security and flexibility to be key for office markets in the future

by Property Forum
Since the first COVID-19 cases in Poland were diagnosed, analyses and reflections on the impact of the pandemic on the real estate industry have been conducted. One of the most interesting issues is the situation on the office market, especially if we take into account the changing needs of companies and their employees. Property managers and owners try to be constantly updated to meet the expectations of tenants and support their business. Marta Wiewiórowska-Kudła, Leasing Manager at Hines Polska summarised how this market has developed recently and what may change in the future.
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News Net demand grows for Polish warehouses
11
May
2020

Net demand grows for Polish warehouses

by Property Forum
Poland’s total industrial stock at the end of Q1 2020 amounted to over 18.95 million sqm (+15% y/y). The quarter’s solid results were driven by steady tenant demand as well as stable rental rates, which despite the growing COVID-19 pandemic maintained their height in most markets. On the investment side, only in Q1 2020, the volume of transactions was comparable with the whole of 2019.
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News COVID-19 to decrease Poland’s active hotel stock
11
May
2020

COVID-19 to decrease Poland’s active hotel stock

by Property Forum
Although plans related to the introduction of new projects will now be thoroughly verified, investors' interest in the hotel sector in Poland is still high. The latest report by consulting company Walter Herz shows that the number of categorized hotel facilities in Poland has increased by over 30% since 2012.
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News E-commerce grows rapidly in Romania
11
May
2020

E-commerce grows rapidly in Romania

by Property Forum
Electro-IT and home & deco online retailers take up approximately 370,000 sqm of storage space and this volume could increase by at least 50% in the next two years, due to the development of online commerce, reveals the Romania e-commerce research report launched by CBRE.
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News COVID-19 could halt the rise of domestic investors in Romania
11
May
2020

COVID-19 could halt the rise of domestic investors in Romania

by Ákos Budai
The COVID-19 pandemic has to put a halt to years of uninterrupted growth on the Romanian property investment market. Andrei Vacaru, Head of Capital Markets at JLL Romania shared his market outlook with Property Forum.
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News Austrian PMI sinks to record low
08
May
2020

Austrian PMI sinks to record low

by Property Forum
UniCredit Bank Austria's Purchasing Managers' Index sink to a record low of 31.6 points in April. A strong rebound is expected from Q3 2020 after the easing of lockdown restrictions.
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News How’s the retail industry adapting to the crisis?
08
May
2020

How’s the retail industry adapting to the crisis?

by Property Forum
Retail which continues to evolve in response to changing consumer preferences and expectations has once again to adapt to the new reality quickly. The global pandemic has left many stores and restaurants shuttered. Industry forecasts that a number of brands will permanently close this year. Every day brings a set of new challenges as we navigate this unexpected crisis. How are the unprecedented challenges of the global pandemic impacting retail? Cushman & Wakefield Poland tried to answer this question in its latest report.
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Latest news


New leases

  • The Media Expert electromarket chain has joined the ranks of tenants at the Big Łubna park. A 700 sqm outlet has opened in the shopping complex near Warsaw.
  • EPP-managed Power Park Kielce has strengthened its offer in the DIY and hobby segment. A multimarket of the Swedish Jula chain has opened in the facility with a total area of more than 1,700 sqm.
  • JLL and its company Tétris, which specialises in the design and arrangement of commercial interiors, have decided to relocate their Kraków office to the Unity Centre complex. The new office comprises 300 sqm and is located on the 16th floor of the building.

New appointments

  • Marta Busłajew joined the 7R team as Head of Marketing and Communications, where she will oversee the development and execution of marketing and communication strategies aligned with 7R's growth plans.
  • Savills announced that Wojciech Mazur has joined the Office Agency - Landlord Representation. He will support commercial property owners in the processes of leasing.
  • Ewelina Szczepaniak joins the office space leasing team of CPI Property Group in Poland as Leasing Manager – Offices. She will strengthen a department responsible for the lease of 20 office buildings in Warsaw with a combined area of 516,000 sqm.

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