ARTICLES LABELLED WITH TAG RICS

Real estate professionals surveyed by the RICS in Q2 2018 now believe that the Czech investment market has reached the peak of the current cycle while the Hungarian and Polish markets are also close to peaking. Nevertheless, market sentiment is still positive on both the occupier and investment market in all CEE countries monitored by the RICS Commercial Property Monitor, including Croatia and Romania.

RICS has recently welcomed over 70 newly qualified professionals who have recently joined in Central & Eastern Europe, as a result of membership assessments held in Bucharest, Budapest, Prague and, for the first time, in Sofia.

The retail market is facing major challenges with e-commerce and rapidly changing consumer needs disrupting the traditional shopping centre model. Retailers that want to stay in the race are already embracing new concepts and formats. The future of retail will be one of the key topics to be discussed at the upcoming CEE Property Forum 2018 in Vienna.

On 20 September 2018, CEE Property Forum, a conference and networking event for real estate professionals from all over the CEE region will be held for the sixth time in Vienna. The event is organised by Property Forum, in close cooperation with RICS.

Political risk seems not to be affecting the performance of CEE markets. Members of the investment panel at the Portfolio-RICS Valuation & Investment 2018 conference in Budapest are confident about the future of the market and view industrial/logistics and retail as the most attractive asset classes.

Digitisation and automation are transforming the property business, not just in Western Europe but in CEE markets as well. 200 people came together at the second Prague Property Forum 2018, a conference organised by Property Forum and RICS, where an international group of speakers discussed the effects of technology on the property business.

Market players still look positively toward the future of Central and Eastern European property markets but they are visibly less buoyant than they were during most of 2017. Results for Bulgaria, Croatia and Hungary are the most positive, while in Romania the picture is rather mixed. All data points to the Czech investment market being in a state close to peaking.

This year´s central topic at Prague Property Forum will be the digital transformation effectively changing the real estate market. The event, which will be held for the second time in Prague, is organised by Property Forum in close cooperation with RICS. The conference has attracted highly respected speakers from the Czech as well as European property markets, some of them being present in Prague for the first time.

Just because technology can do something does it necessarily mean that we want it to? This was just one of the many topics that Czech professionals discussed at the latest RICS event in Prague which analysed the rapidly evolving relationship of property and technology.

What will it take for SEE to attract more foreign capital? Is there enough product available on the market? These are just some of the questions that were asked and answered at SEE Property Forum 2018, a Property Forum and RICS event that attracted over 45 speakers and nearly 300 visitors from 15 countries.