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Krakow’s office stock has increased by more than 15% over the year to more than 1.3 million sqm at the end of Q1 2019. According to “Occupier Economics: Office Market in Krakow Q1 2019”, a report published by m Cresa, the capital city of Lesser Poland continues to attract tenants and this trend is likely to carry on into the near future given the economic and cultural potential.

Panellists of the CEE investment roundtable of Prague Property Forum 2019, led by Mike Atwell, Head of Capital Markets Czech Republic and Lead Director CEE at JLL discussed the key trends shaping the regional investment market. They agreed that the low interest rate environment is probably here to say but it's very difficult to say for how long.

Urban space in the twentieth century belonged to cars. In the 21st century, it has been reclaimed by people – this is how current urban trends can be summarised. Inward development, the narrowing of streets to expand space for pedestrians, the building of a dense network of cycle lanes and strengthening the role of public transport are some of the measures taken in modern cities to improve the lives of residents. Colliers International, in cooperation with ULI, published an expert article on current urban trends

Investment fund Focus Estate Fund has set the goal to expand the geography of its presence in Central and Eastern Europe. In the next two years, the Fund plans to more than double its portfolio by strengthening its position in the niche of medium-sized commercial real estate in Poland and the Czech Republic, as well as by entering the Slovak market.

At the end of Q1 2019, the total modern Class A industrial stock in the Czech Republic stood at 7.97 million sqm. In the first three months of 2019, the Prague industrial market has exceeded the magical milestone of 3 million sqm, confirming its position as the largest industrial market in the country, followed by the Pilsen and South Moravian markets, according to JLL:

Romania is the fifth most attractive manufacturing market in Europe and was ranked 12th globally, according to the Manufacturing Risk Index 2019 study, conducted by the Cushman & Wakefield.

According to the RICS Commercial Property Monitor, Hungary has the strongest occupier sentiment and the Czech Republic has the strongest investment sentiment among the 40 countries surveyed in Q1 2019. Market expectations remained fairly positive across Central and Eastern Europe in the first quarter of the year, with the share of those stating that we have reached the peak of current property cycle decreasing compared to previous quarters.

Prominent investors, developers, advisors and other professionals discussed how technology and climate change are rewriting the rules of the real estate game at the RICS’s latest global summit. Here are our key takeaways from the RICS World Built Environment Forum, organized in New York this May.

Property Forum and RICS are organizing Prague Property Forum for the third time this year. Just like in previous years, leading decision makers in real estate will come together in Prague to discuss the future of our industry. CEOs, influential investors, bankers, developers, fast-growing proptech start-up founders, architects and valuers will analyse the potential of the Czech property market from a global perspective, providing an excellent networking opportunity.

Allianz Real Estate intends to invest as much €500 million in CEE property over the next two years, according to a Bloomberg article.