Landlords underwhelmed by emergency relief

Coronavirus
CEE REGION Preliminary CEE investment volumes for Q1 2020 amounted to app. EUR 3.7 bln, despite the onset of Covid-19 in the region in early March – according to Colliers International’s latest research report.
This volume was significantly boosted by the app. EUR 1.3 bln acquisition of the Residomo portfolio in the Czech Republic by Heimstaden, but the turnover was still 68 pct higher than the figure for Q1 2019 (EUR 2.2 bln) and 28 pct more than Q1 2018 (EUR 2.9 bln). Poland took the lion share of the Q1 volume (48 pct), followed by the Czech Republic (39 pct), Slovakia (5 pct), Romania (4 pct), Hungary (2 pct) and Bulgaria (2 pct). Kevin Turpin, the research director for the CEE region at Colliers
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Latest news

Human resources

Poland Five new board members at JLL

schedule 27 June 2025
Opr./edited by AH

Five new members are joining JLL's management board, and will take on their new roles from the beginning of July.

Warehouse & industrial

Poland Work begins on Westside Szczecin Neo by LemonTree

schedule 27 June 2025
Opr./edited by AH

LemonTree has launched Westside Szczecin Neo by LemonTree, its second project in Szczecin. The centre will provide 34,000 sqm of warehouse and office space. Around half has already been leased.

Retail & leisure

Poland M Park opens in Ropczyce

schedule 27 June 2025
Opr./edited by AH

M Core subsidiary LCP Poland has officially opened M Park Ropczyce 35 km from Rzeszów.

Office & mixed-use development

Romania Equilibrium 2 awarded WiredScore Platinum certification

schedule 27 June 2025
Opr./edited by AH

Skanska’s Equilibrium 2 building in Bucharest has been awarded the highest-level WiredScore certification for an operational building.

Warehouse & industrial

Romania eLog comes to CTPark Bucharest North

schedule 27 June 2025
Opr./edited by AH

eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has leased 4,000 sqm of modern warehouse and office space in CTPark Bucharest North.

Residential

Poland Noli Studios Gdansk Old Town unveiled

schedule 27 June 2025
Opr./edited by AH

Noli Studios is to open its latest project in the Tricity in July. The Czerwone Koszary barracks has been transformed into a PRS project with hotel services.

Investment & finance

Poland Sale and leaseback for Cavatina Hall

schedule 27 June 2025
Opr./edited by AH

Cavatina Holding has signed a sale and leaseback agreement with BPS Leasing for over EUR 22 mln for the Cavatina Hall, building A in Bielsko-Biała.

Office & mixed-use development

Poland PZU stays in Konstruktorska

schedule 26 June 2025
Opr./edited by AH

Three subsidiaries of PZU Group, one of the largest financial institutions in the CEE region, have extended their leases in Konstruktorska Business Center in Warsaw for another 10 years.

Warehouse & industrial

Poland Warehouse market slows

schedule 26 June 2025
Opr./edited by AH

Total take-up reached 1.11 mln sqm, up 16 pct year-on-year according to the ‘At A Glance: Industrial and Logistics Market in Poland, Q1 2025’ report by BNP Paribas Real Estate Poland.

Retail & leisure

Czech Republic Sixteen brands enter the market

schedule 26 June 2025
Opr./edited by AH

Sixteen brands entered the Czech retail market in the first six months of this year.

Warehouse & industrial

Poland Avides comes to Panattoni Park Lublin II

schedule 25 June 2025
Opr./edited by AH

Avides, a leading European distributor of remarketed goods, has leased over 16,000 sqm of modern warehouse space at Panattoni Park Lublin II.

Investment & finance

Hungary Budapest Marriott sold

schedule 25 June 2025
Opr./edited by AH

The Budapest Marriott Hotel has changed hands with CPI Europe selling the hotel in open tender to BDPST Group and Diorit Private Equity Fund managed by Gránit Asset Management.

Warehouse & industrial

Poland Paul Schockemöhle doubles up in Opole

schedule 25 June 2025
Opr./edited by AH

Paul Schockemöhle Logistics Polska has extended its current lease and simultaneously doubled its area in Opole.

Warehouse & industrial

Czech Republic CTP builds a two-storey facility

schedule 25 June 2025
Opr./edited by AH

CTP has begun construction on the first two-storey industrial & logistics building în the Czech Republic în CTPark Brno Líšeň.

Office & mixed-use development

Europe Office sizes growing

schedule 25 June 2025
Opr./edited by AH

Around 40 pct of office building occupiers require employees to work from the office 2 or 3 days per week, while 1 in 8 tenants is planning to expand its office footprint. These are among the key findings of the “What Occupiers Want 2025” report, based on a global survey conducted by the Cushman & Wakefield real estate consultancy company.

Office & mixed-use development

Poland Ikea opens up its showroom

schedule 24 June 2025
Opr./edited by AH

Ikea has now opened its showroom in the .KTW complex.

Retail & leisure

Poland Karuzela to grow

schedule 24 June 2025
Opr./edited by AH

A major expansion is planned for the Karuzela retail park in Lubliniec.

Warehouse & industrial

Poland HSNF stays with Prologis

schedule 24 June 2025
Opr./edited by AH

Online cosmetics retailer HSNF has renewed its 2,300 sqm lease of warehouse and office space in Prologis Park Poznań I.

Investment & finance

Poland City2 sold

schedule 24 June 2025
Opr./edited by AH

Archicom has sold the City 2 office building in Wrocław for EUR 31 mln to an undisclosed Polish investor.

Exclusive
Exclusive

Poland Demand for PBSA continues to accelerate

schedule 24 June 2025
Anna Zamyłka

We’ve asked Susanna Graziano, the business development manager of ASK4, who is actively engaged in the evolving Polish PBSA and flex-living markets, to share her insights on the Polish market. ASK4 is the general partner of the Bonard Poland Property Tour.  

Latest in Coronavirus

schedule 30 March 2021

Vaccination centre provided by Globalworth

The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.

schedule 24 June 2020

Employers in no rush to return to workplaces

Almost three quarters of employers plan to reintroduce their employees to their workplaces in phases rather than all at once, according to CBRE in its global survey on return-to-work strategies after the Covid-19 pandemic.

schedule 14 May 2020

Catella sees hope and chances for real estate after Covid-19

WORLD Real estate could actually benefit from the Covid-19 pandemic in the long run due its perception as a safe haven for investors, according to a report just published on the implications of the epidemic for the market by Swedish property consulting and fund management specialists Catella.

schedule 14 May 2020

Build Europe pushes post-coronavirus action plan

EUROPE Build Europe, an umbrella organisation for EU-based residential developers and constructors, has presented its recommendations for helping the sector in the EU emerge from the post-Covid19 economic crisis.

schedule 14 May 2020

Polish RE lends an even greater hand to fight the pandemic

POLAND More companies have joined # Property4Heroes - the commercial real estate market's initiative to support hospital staff and ambulance crews across Poland. Each day the initiative delivers 1,150 meals to physicians, nurses, paramedics and support personnel.

schedule 07 May 2020

Panattoni to provide PLN 0.5 bln worth of medical supplies

POLAND Warehouse developer Panattoni has allocated PLN 500,000 to buy medical supplies for three Polish hospitals.

schedule 14 April 2020

Landlords underwhelmed by emergency relief

CEE REGION Preliminary CEE investment volumes for Q1 2020 amounted to app. EUR 3.7 bln, despite the onset of Covid-19 in the region in early March – according to Colliers International’s latest research report.

schedule 14 April 2020

Toyota prepares to reopen Polish plants

EUROPE Toyota Motor Corporation has announced the partial resumption of operations in its European manufacturing plants, which have been closed due to the coronavirus epidemic.

schedule 08 April 2020

AFI Braşov now to open in the autumn

ROMANIA AFI Europe Romania has announced that it is rescheduling the opening of its AFI Braşov shopping and entertainment centre due to the pandemic.

schedule 08 April 2020

Aleja opening postponed

SLOVENIA The official opening of the Aleja shopping centre in Ljubljana’s Šiška district has been postponed.

schedule 07 April 2020

BPI opens virtual sales office

POLAND BPI Real Estate Polandis to introduce a virtual sales office for all of its Polish projects.

schedule 07 April 2020

Rent suspension in Sukcesja

POLAND Rent payments have been suspended for all tenants in the Sukcesja shopping centre in Łódź.

schedule 03 April 2020

Retailers join the fight

POLAND The Polish Trade and Distribution Organisation [POHiD], an association of retail chains, are to contribute PLN 15 mln to fight the coronavirus epidemic.

schedule 02 April 2020

Carrefour donates PLN 2 mln to fight pandemic

POLAND The Carrefour Foundation and Carrefour Polska are donating around PLN 2 mln to Polish hospitals for the fight against the coronavirus pandemic.

schedule 01 April 2020

Pay no rent in Sukcesja

POLAND The Sukcesja shopping centre owned by Fabryka Biznesu in Łódź has stopped collecting rents from its tenants.

schedule 31 March 2020

Government takes on board PRCH recommendations

POLAND The range of temporary trading restrictions in Polish retail buildings above 2,000 sqm imposed by the Ministry of Health has been clarified after consultations with the Polish Council of Shopping Centres [PRCH] and the Ministry of Development.

schedule 31 March 2020

Rent holiday for CCC and Ultro tenants

POLAND Dariusz Miłek, the president of footwear and accessories retailer CCC and Ultro Holding, the owner and manager of Cuprum Arena in Lubin and Korona in Kielce, has decided to cancel rent collections from tenants whose outlets have been forced to close during the Covid-19 emergency.

schedule 31 March 2020

Develia fears Covid-19 impact on business

POLAND Wrocław-based developer Develia (formerly LC Corp) has announced that the disruption caused by the pandemic could have a significant and potentially serious impact on the current operations of the company and its groups.

schedule 31 March 2020

Economies rebalance in wake of coronavirus

CEE REGION According to analysis by Colliers International all CEE economies this year are to decline or fall into recession as a result of the coronavirus.

schedule 30 March 2020

Movement and gatherings ban tightened further

POLAND The Polish government has introduced a new directive clarifying the restrictions on movement as part of its measures to combat the Covid-19 pandemic.

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Edition 6 (299) June 2025

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