PL

Demography set to change the real estate market

Human resources
WORLD Around 693 mln boomers will reach retirement age and 1.3 bln of generation Z are set to enter workforce over the next 10 years, according to the “Demographic Shifts: The World in 2030” report by Cushman & Wakefield.

“Demographic shifts will have a profound impact on the real estate market for years to come. As new generations enter the labour force, the percentage of people aged 55 and over is continuing to rise and cities are becoming increasingly populous. All these factors will drive the growth of each real estate sector. The rise of mixed-use projects as an alternative to single-use real estate, the growing popularity of co-living, including projects targeted at diverse age groups, and the growing importance of urban logistics are just examples of the trends that the Polish market is also going to witness. Developers, landlords and corporates alike will face multiple challenges, while having to create projects and workplaces that appeal to members of several generations with different approaches to life and different expectations about where they live, work, shop and spend their free time,” says Katarzyna Lipka-Nawrocka, an associate director at Cushman & Wakefield.

The study, compares the workforce and GDP growth of more than 137 cities worldwide and conclude that the world’s top-performing cities are in South East Asia and India, which bodes well for the economic growth and strength of the real estate markets in these places. The cities with the highest productivity are mainly in China, while most cities in Europe and North America, which are considered more mature markets, are ranked as low productivity or lagging markets with less potential for growth.

Latest news

Warehouse & industrial

POLAND Huge robotised Amazon centre to open in Moravia

schedule 17 September 2021
Nathan North
deputy editor

Panattoni and investment partner Accolade are to build a 190,000 sqm fulfilment centre in the Czech Republic for Amazon near Kojetín in the Olomouc region of Moravia.

Material partner

Poland It's a comfortable life

schedule 31 August 2021
Eurobuild CEE

Ziv Zviel, the CEO of Atlas Estates, tells ‘Eurobuild’ about the company’s plans for the residential sector, top investments and the future of the market

Retail & leisure

POLAND Griffin RE sells EUR 87 mln retail portfolio

schedule 17 September 2021
Nathan North
deputy editor

Polish investment manager Griffin Real Estate has completed the sale of a 107,600 sqm retail portfolio for EUR 87 mln to an undisclosed buyer.

Eurobuild Awards

Poland Tricks and tips in the run-up to the Gala

schedule 16 September 2021
Eurobuild Conferences

After a long and unexpected break, we are finally goingto be able to meet upat a live event – and not just going to be any event, but the Eurobuild Awards Gala!

Office & mixed-use development

POLAND Zaułek Piękna still attracting tenants

schedule 15 September 2021
Opr./edited by NN

Mazars has renewed its lease of 2,055 sqm in the Zaułek Piękna in central Warsaw, while 6B47 and Trend Energy Solutions have become new tenants of the office building.

Office & mixed-use development

POLAND A4BEE in Wojdyła BP

schedule 15 September 2021
Opr./edited by NN

Tech start-up A4BEE has leased 600 sqm of office space in Wojdyła Business Park in Wrocław.

Warehouse & industrial

CZECH REPUBLIC Doosan Bobcat to open Beroun warehouse

schedule 15 September 2021
Opr./edited by NN

Panattoni, together with investor Accolade, is preparing a 13,541 sqm warehouse for Doosan Bobcat in Zdice, about 45 km southwest of Prague city centre, in the Beroun district.

Warehouse & industrial

POLAND MDC2 Park Łódź South on its way

schedule 15 September 2021
Opr./edited by NN

Polish warehouse and industrial developer MDC2 has secured a site for the development of a 65,000 sqm distribution centre south of Łódź.

Investment & finance

POLAND Adventum to buy Sky Tower skyscraper

schedule 14 September 2021
Eurobuild CEE

Adventum Group has signed a preliminary contract to buy all the shares owned by Develia in the Sky Tower office skyscraper in Wrocław for PLN 84.4 mln. The price will be reduced by the value of unsettled incentives for tenants, with the transaction set to be finalised by the end of this year.

Warehouse & industrial

POLAND 10 ha added to MLP Poznań West

schedule 14 September 2021
Opr./edited by NN

Polish industrial developer MLP Group has added a further 10 ha to the land bank of its MLP Poznań West project, bringing its target area up to around 150,000 sqm.

Warehouse & industrial

POLAND Martes Sport to move into 7R BTS Beskid III

schedule 14 September 2021
Opr./edited by NN

Polish sports store chain Martes Sport has leased 21,000 sqm of warehouse space in 7R BTS Beskid III Czechowice-Dziedzice just north Bielsko-Biała in Silesia.

Retail & leisure

CZECH REPUBLIC Trigea acquires Moravian retail parks

schedule 13 September 2021
Nathan North
deputy editor

Czech real estate fund Trigea has bought two retail parks in Moravia for an undisclosed sum.

Investment & finance

HUNGARY MNK Partners enters Hungary

schedule 13 September 2021
Opr./edited by NN

French real estate investor MNK Partners has bought a building of the Kodolányi János University on Frangepán utca in Budapest XIII, just north of the city centre.

Warehouse & industrial

ROMANIA CTP scoops up 112,000 sqm of Romanian warehousing

schedule 13 September 2021
Nathan North
deputy editor

Czech warehouse developer CTP has acquired around 112,000 sqm of industrial space in four Romania cities from Sibiu-based Zacaria Industrial Parks.

Hotels

POLAND From Sofitel to Mogotel in Wrocław

schedule 13 September 2021
Nathan North
deputy editor

The Sofitel Wrocław Old Town, which was closed down permanently due to the pandemic, is to reopen as a Wyndham hotel after a new operator – Latvian company Mogotel – was secured for the hotel.

Warehouse & industrial

POLAND Frontier crossed into Poland

schedule 09 September 2021
Nathan North
deputy editor

London-based Frontier Estates, through its Polish subsidiary, has begun its first project in Poland – Frontier Park Wrocław, an SBU warehousing park in Bielany Wrocławskie on the southern outskirts of the city.

Warehouse & industrial

POLAND Panattoni completes Kalisz plant for Leviat

schedule 09 September 2021
Nathan North
deputy editor

Panattoni has completed a 40,000 sqm production plant in Kalisz in central Poland for construction sector solutions specialist Leviat.

Events

POLAND Elektrownia Powiśle a world-beater

schedule 09 September 2021
Nathan North
deputy editor

Elektrownia Powiśle in Warsaw has been voted the world’s best mixed-use development at the MIPIM Awards, which have just been held in Cannes.

Investment & finance

HUNGARY Investum buys another Budapest office building

schedule 09 September 2021
Nathan North
deputy editor

The Árpád Center office building in Budapest has been sold by ConvergenCE to local investor Investum for an undisclosed sum.

Events

POLAND The 11th Eurobuild Awards Gala on September 30th!

schedule 08 September 2021
Eurobuild CEE

Soon we will all be able to meet again at the most important real estate event of the year – the Eurobuild Awards Gala! We will be waiting for you on Thursday, September 30th, at the DoubleTree by Hilton hotel in Warsaw’s Wawer district. Once again, we will be honouring the most outstanding people, projects and companies on the property market!

Latest in Human resources

schedule 02 August 2021

Avison Young branches out with Valuation

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schedule 02 July 2021

Monika Rajska-Wolińska promoted to Colliers’ CEE head

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schedule 01 July 2021

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schedule 07 May 2021

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schedule 15 April 2021

Cushman & Wakefield now all shook-up

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schedule 25 March 2021

Avison Young expands into Czech and Bulgaria

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schedule 30 December 2020

The office future’s hybrid – C&W

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schedule 12 October 2020

JLL appoints new CEO

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schedule 08 June 2020

Some new advice for the market

POLAND Reina Partners is the latest advisory to emerge on the Polish commercial real estate market.

schedule 06 May 2020

Back to a brave new office - JLL

POLAND/WORLD As employers prepare to allow their staff to return to their offices, a recent study by JLL points out that the process will have to be done gradually and certain safeguards and revised practices will have to be in place.

schedule 22 April 2020

C&W Poland announces new head

POLAND Krzysztof Misiak has been appointed head of Cushman & Wakefield Poland.

schedule 20 April 2020

Michal Oparty of JLL Bratislava joins RICS

SLOVAKIA Michal Oparty, the head of the project and development services department at JLL Bratislava, has been made a member of the Royal Institution of Chartered Surveyors.

schedule 08 April 2020

CBRE Czech unveils new head of investment

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schedule 19 March 2020

Oliver Schumy steps down

EUROPE Oliver Schumy, the CEO of Immofinanz, is stepping down from the management board.

schedule 19 March 2020

Papalekas steps down

POLAND/ROMANIA Ioannis Papalekas, the founder of Globalworth, is stepping down from the board of directors of Globalworth with immediate effect but will remain as CEO.

schedule 27 February 2020

Skanska centralises

CEE REGION Skanska has centralised its operations in the CEE region by appointing new deputy CEOs responsible for different divisions.

schedule 19 February 2020

Demography set to change the real estate market

WORLD Around 693 mln boomers will reach retirement age and 1.3 bln of generation Z are set to enter workforce over the next 10 years, according to the “Demographic Shifts: The World in 2030” report by Cushman & Wakefield.

schedule 21 January 2020

JLL announces new regional boss

Sabine Eckhardt has been appointed CEO for Central Europe, with effect from May 1st.

schedule 17 January 2020

Leach & Partners to manage for Catella

POLAND Leach & Partners have been appointed to manage two residential buildings and one private student house at ul. Rakowicka 20 in Kraków.

schedule 17 December 2019

Trzósło to say goodbye to JLL

EPP has announced that Tomasz Trzósło has been nominated for the position of CEO to succeed Hadley Dean, whose term of office is due to expire in May. The appointment has to be approved by the general meeting of shareholders.

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