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.
Henkel will relocate its operations to the second building of Skanska's Equilibrium complex in Bucharest, in Q3 2025. The transaction was brokered by iO Partners.
Igepa Polska has leased approximately 7,650 sqm of space at the MLP Łódź logistics centre (central Poland), which includes offices, a showroom, and a terrace. The transaction was facilitated with the support of the consulting firm Newmark Polska.
Grammarly, a global AI service provider developing spell correction technology, has opened its new European headquarters in CPI Property Group's Warsaw Financial Center office building. The company has taken over 1,000 sqm of space. JLL experts supported the tenant in the transaction and legal advice was provided by Baker McKenzie law firm.
New appointments
The Valuation Department at consultancy Savills has strengthened its team. The new members are Karolina Sabatowska-Gomułka as Associate Director and Magdalena Ziółkowska as Consultant.
Bartosz Frąckowiak has become the new head of the CBRE office in Poznań (western Poland). He will be responsible for the integration of all CBRE business lines in the Wielkopolska region.
Marta Zawadzka has TriGranit as Head of Leasing and Asset Management. Returning to the company after nearly a decade, Marta will oversee leasing activities for key projects, including Signum in Warsaw and Bonarka for Business in Kraków.
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