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News Forget pre-pandemic figures, property investment is a new game today
26
Mar
2024

Forget pre-pandemic figures, property investment is a new game today

by Maria Novakova
The uneasy geopolitical situation of the recent years is surely not helping investors in Slovakia and the CEE region, that is a reality investors live in. However, the discussion of the first panel during Bratislava Property Forum 2024 has revealed that there is still some room for optimism.
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News PropertyTalents hosts inaugural BE Mixer in Warsaw
21
Mar
2024

PropertyTalents hosts inaugural BE Mixer in Warsaw

by Property Forum
PropertyTalents, a leading European Built Environment Advisory specializing in career and company development, proudly announces the inaugural BE Mixer by PropertyTalents (Warsaw edition). This premier event is set to launch on the first day of spring, March 21, 2024, from 18:00 to 23:00, marking a new beginning filled with insights and networking.
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News CA Immo reports 115% increase in EBITDA
20
Mar
2024

CA Immo reports 115% increase in EBITDA

by Property Forum
CA Immo has reported a solid operating performance for the 2023 business year. The results show, among other things, a significant increase in rental income (+8%) and high income from the sale of non-strategic properties (sales result of €179 million, FFO II +102%), which led to an increase in the operating result (EBITDA) of 115% compared to the previous year´s figure. Although the company had to record a market-driven non-cash revaluation loss of €532 million in 2023, the EBITDA of €322 million offsets a large part of the full-year revaluation loss, resulting in a consolidated net income of €–224.5 million for financial year 2023.
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News ESG ratings set to become pivotal elements in corporate strategy
19
Mar
2024

ESG ratings set to become pivotal elements in corporate strategy

by Property Forum
Sustainability will continue its massive growth, as stakeholders demand more action on environmental and social issues, and businesses and governments respond to stricter demands imposed by politics and climate pressures, finds a BuildGreen report.
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News Insolvency in Czech construction market grows
14
Mar
2024

Insolvency in Czech construction market grows

by Property Forum
Construction is one of the riskiest industries in terms of payment morale. According to data from Coface, the number of insolvencies in the Czech construction industry is growing, reaching its peak only in the second half of the year 2024.
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News Demand for flex offices in Prague keeps growing
14
Mar
2024

Demand for flex offices in Prague keeps growing

by Property Forum
Prague is the second most active European market for flexible offices after London. Metropolises such as Warsaw, Amsterdam and Madrid follow at a distance, CBRE reports.
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News Promotion can hardly catch you at home office
14
Mar
2024

Promotion can hardly catch you at home office

by Property Forum
A recent Colliers survey, based on an analysis of responses from more than 500 Czech employees across a range of industries, has revealed that over 40% of employees consider telecommuting to be a barrier to their career progression.
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News Polish warehouses remain in demand despite the market shrinking
13
Mar
2024

Polish warehouses remain in demand despite the market shrinking

by Property Forum
Demand and supply slowed during the last quarter but remained relatively strong, reveals the latest report from BNP Paribas Real Estate Poland. Both vacancy and rental rates edged up by the end of 2023. Looking ahead, urban warehouses and built-to-suit projects will increase in popularity.
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News EP adopts building sector decarbonization plan for energy efficiency
13
Mar
2024

EP adopts building sector decarbonization plan for energy efficiency

by Property Forum
Members of the European Parliament adopted plans agreed upon with the EU Council, which will contribute to reducing energy consumption and greenhouse gas emissions in the buildings sector, according to a statement from the European Parliament.  
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News Leading lender expects significantly higher result for 2024
07
Mar
2024

Leading lender expects significantly higher result for 2024

by Property Forum
Deutsche Pfandbriefbank AG (pbb), a leading European specialist bank for commercial real estate finance, expects its results for the current financial year to be significantly higher than in 2023. 
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Latest news


New leases

  • Adara, a distributor of cosmetic ingredients of the German manufacturer Evonik, has decided to move into Oxygen Park. The company has leased 366 sqm of office space located at the 4th floor of Building A in the Warsaw complex owned by Golden Star Group.
  • Fashion retailer Primark will open a new store spanning 3,700 sqm in VIVO! Shopping Centre, Cluj-Napoca, in 2025. At present, the retailer has two stores in Bucharest and will open a new one in Timișoara later this year.
  • Logistics operator Just in Time Logistic has leased around 300 sqm in the DL Tower multifunctional building in Katowice (SIlesia, Poland).

New appointments

  • Polski Związek Firm Deweloperskich (Polish Association of Property Developers) elected new authorities at its general meeting in Katowice. Maciej Wandzel was elected chairman of the board. He will replace Grzegorz Kiełpsz, who became honorary president of the PZFD.
  • Piotr Herian has taken up the position of ISS CFO for Poland and the Baltics. ISS is a leading company in the creation of friendly workplaces and comprehensive facilities management.
  • Paulina Strutyńska has been promoted to the position of Leasing & Asset Director at Skanska’s commercial development business unit. She is now responsible for leasing processes in the Warsaw market as well as Key Customer Management. Agnieszka Krawczyk-Rogowska is responsible for project commercialization and client liaison in Gdańsk, Kraków, and Bucharest, while Marek Stasieńko is responsible for the Wrocław, Poznań, and Łódź markets.

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