ARTICLES LABELLED WITH TAG Vienna

Premium rents in Prague to rise and interesting incentives from landlords are expected. There is also a growing interest in office rents in Brno, which is responding to the growth in rents over the past two years. Premium rents also grew slightly in Ostrava. Leasing activity in Bratislava is keeping pace with new construction and, together with Vienna, is expecting a recovery. In Warsaw, upward pressure on premium rents will grow, but there is likely to be an easing of existing incentives for tenants. Budapest is gradually recovering from the covid crisis. Rents will remain stable this year, reports CBRE.

CEE’s leading real estate event since 2013 is back! Property Forum’s annual conference, CEE Property Forum 2021 on 20-21 September, will gather hundreds of visitors and 60 speakers that will discuss hot button issues – live and in person.

For Vienna-based investor GalCap Europe, last year was a busy one with three additional deals closed compared to 2019. Managing Partner Paul W. Hallam talked to Property Forum about the experiences of last year and shared the company’s investment strategy for 2021.

CA Immo has tapped the Eurobond market for the first time and successfully placed a €500 million fixed rate senior unsecured benchmark bond with a 7-year maturity and an annual coupon of 0.875% on 28 January 2020. The bond will trade on the Official Market of the Vienna Stock Exchange. The international rating agency Moody’s Investors Service Ltd. has assigned an investment grade rating of Baa2 to the bond.

Christie & Co recently launched their new report focusing on the hostel markets in Vienna, Prague and Budapest. The report shows an overview of the business model itself, key characteristics, the evolution of the hostel concept and gives a deeper insight of the mentioned markets: Vienna, Prague and Budapest, in terms of demand, supply and especially branded supply.

Ikea plans to open a new furniture store in central Vienna, next to the Westbahnhof railway station with no parking place for cars. The construction works started in January 2020 and will be finished by next year.

Hosted by RICS in Austria, the 6th Annual RICS CEE Event, held at the British Ambassador’s Residence in Vienna, aimed to answer a number of questions related to the future of the profession and presented how RICS, a solution leader in the real estate sector, helps professionals become well-equipped to meet challenges of the 21st century.

An entire section will be dedicated to the future of the Czech and Slovak markets at the upcoming CEE Property Forum 2018 in Vienna. International experts and top local players will provide an overview of the two markets, among others. To check out the list of confirmed speakers, click here.

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.

Allianz Real Estate has opened a new office in Vienna and appointed a new director to help strengthen the company’s presence across the region. Thomas Villadsen was named Director of Austria and Central & Eastern Europe (CEE).