The Brno residential real estate market has had a hot summer. Q3 has brought further growth and record sales. The episode of economic uncertainty is ending, reports Trikaya in its Q3 2024 analysis of the residential market in Brno.
The Trikaya real estate group has completed the modernisation of the Řepy Shopping Center in Prague and sold the entire project to the investment fund Pragorent.
The average offer price of new residential projects in Brno has exceeded CZK 129,400 per sqm (€5,093) and Q2 2024 has broken the previous record from 2022. Demand has also grown sharply, as data by Trikaya shows.
In Q1 2024, 246 resi units in Brno have found their buyers. This is a 100% increase compared to the previous year's average, according to data by Trikaya.
The Nike brand has joined the group of tenants at Warsaw's Wola Park shopping centre. The chain's new outlet took up an area of over 1,000 sqm. The store has been opened using the Nike Rise concept.
The Venezia brand will join the group of tenants of Gemini Park Tarnów (southern Poland). The chain's first shop in the city will occupy an area of 130 sqm.
Lipton Teas and Infusions will lease more than 1,300 sqm of office space in the Global Office Park complex in Katowice (Silesia, southern Poland), developed by Cavatina Holding.
New appointments
Tomasz Chojnacki has taken up the position of Deputy Head of the Office Department of CBRE Poland. In his new role, he is responsible for the management and development of the office sector and the development of a coherent business plan for all services for clients in this market segment.
Mantor E2K, a company specialized in industrial and logistics constructions, has appointed Radu Vlad as its Business Development Manager. He brings over 20 years of experience in industrial and real estate project development to the role, having coordinated projects with a combined value exceeding €180 million.
At the beginning of February, Michał Chodecki became the head of the Warehouse & Logistics department of Savills Poland. The new director is responsible for the strategy and direction-setting of this business line and building relationships with key clients.
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