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

Coronavirus
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.
According to Catella's latest 'Market Tracker' report, the short term impact of rent payment defaults are likely to lead to loss of earnings and revaluations across the market. While stressing that nothing can be predicted with any certainly right now, the report points out that the longer the lack of liquidity, interrupted cash flows and the additional costs due to the epidemic continue, the greater the negative effects will be. These include falling rents and increased risk premiums. In turn,
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Latest news

Sponsored article

Poland The FORM builds on proven performance at Rondo Daszyńskiego

schedule 09 September 2026

With occupier demand increasingly focused on prime, well-located buildings, Warsaw’s office market is becoming more selective. Around Rondo Daszyńskiego, one of the city’s most established business locations, this trend is particularly visible. The FORM is among the office assets benefiting from this shift: since opening in early 2025, it has become fully leased, attracted a diversified mix of public- and private-sector occupiers, and demonstrated substantial day-to-day use. Its performance to date, combined with the continued evolution of the surrounding district, reinforces its position as a trophy office asset.

Retail & leisure

Poland White Star Real Estate expands role at Forum Gliwice

schedule 16 September 2026
Opr./edited by AH

White Star Real Estate is expanding its work with Deka Immobilien and taking over full management of Forum Gliwice. The company has so far been responsible for the centre’s commercialisation and, from September 2026, will also handle property management, marketing and project management.

Office & mixed-use development

Poland French Institute opens Warsaw offices in restored Bellona building

schedule 16 September 2026
Opr./edited by AH

The French Institute in Poland has opened its Warsaw offices in the restored historic Bellona building. The space includes classrooms, offices and areas for cultural activities, providing facilities for learning French and hosting events.

Eurobuild Awards

POLAND New venue and date for the Eurobuild Awards Gala!

schedule 16 September 2026
Eurobuild CEE

The 16th Eurobuild Awards Gala is now on the horizon! And there has been a CHANGE OF DATE AND LOCATION. The Gala will now take place on December 8th, 2026 at the Hilton Warsaw City Hotel, at ul. Grzybowska 63 in central Warsaw

Retail & leisure

Poland Peserico opens store in Dom Mody Klif in Warsaw

schedule 16 September 2026
Opr./edited by AH

Italian fashion brand Peserico is opening a store in Dom Mody Klif in Warsaw. It will be the brand’s only single-brand store in the city, with women’s and men’s collections.

Retail & leisure

Poland Bricomarché opens new store in Ozorków

schedule 16 September 2026
Opr./edited by AH

Today, September 16, Bricomarché opened a new store in Ozorków at ul. Konstytucji 3 Maja 17B. The store has 1,800 sqm of retail space and offers 34,000 products across garden, home décor, DIY and building supplies. It also includes a 1,300 sqm outdoor garden area.

Investment & finance

Czech Republic Mint rezidenční fond buys 306 apartments in Prague

schedule 16 September 2026
Opr./edited by AH

Mint rezidenční fond, which operates in the private rented sector (PRS), has bought 306 new apartments from developer Metrostav Development at the Vysočanský mlýn complex in Prague. The building has 11,500 sqm of floor space. The deal takes Mint’s total number of apartments in the complex to 547, more than half the total number of apartments in the complex.

Office & mixed-use development

Poland Colliers appointed exclusive leasing agent for Katowice Business Point

schedule 16 September 2026
Opr./edited by AH

Colliers has been appointed as the exclusive leasing agent for Katowice Business Point, an office building owned by Adventum. The agency will handle the leasing of nearly 16,900 sqm of office space.

Retail & leisure

Poland Lidl joins Refield and RGL retail park in Środa Wielkopolska

schedule 16 September 2026
Opr./edited by AH

Refield and RGL have signed leases totalling 3,500 sqm for space in a planned retail park in Środa Wielkopolska, with Lidl joining the project as its anchor grocery tenant. The park will have around 18,000 sqm of retail space, with the investors targeting 80 pct occupancy by the end of 2026.

Residential

Poland Trust Investment launches sales for final Sky Trust phase

schedule 16 September 2026
Opr./edited by AH

Trust Investment has launched sales for the third and final phase of the Sky Trust complex in Kielce. The development will include apartments, office and retail units, as well as investment apartments intended for the PRS market.

Hotels

Romania Bucharest Hotel Market Set for Growth

schedule 16 September 2026
Opr./edited by AH

Hotel revenues in Bucharest increased by 5 pct in the first half of 2026 compared with the same period last year, reaching a level 25.2 pct above pre-pandemic figures, according to Cushman & Wakefield Echinox.

ESG

Poland Signum Work Station earns WELL Health-Safety Rating

schedule 15 September 2026
Opr./edited by AH

Signum Work Station, an office building on Domaniewska Street in Warsaw, has received the WELL Health-Safety Rating from the International WELL Building Institute (IWBI), recognising procedures covering health, hygiene and occupant safety.

Investment & finance

Germany Real estate remains a key source of bank credit risk

schedule 15 September 2026
Opr./edited by AH

Commercial real estate remains a significant source of credit risk for German banks, with the sector expected to maintain an elevated non-performing loan (NPL) ratio through 2027, according to the 2026 NPL Barometer from the Bundesvereinigung Kreditankauf und Servicing (BKS) and Frankfurt School of Finance & Management.

Office & mixed-use development

CEE region CEE office markets tighten as vacancy falls

schedule 15 September 2026
Opr./edited by AH

JLL and iO Partners say Central and Eastern Europe’s office market is tightening, with net take-up across six regional capitals reaching 565,000 sqm in the first half of 2026 and the vacancy rate falling to 9.2 pct. With new supply limited, rents for prime space are rising.

Residential

Poland ATAL launches sales of 72 apartments in second phase of Gdansk project

schedule 15 September 2026
Opr./edited by AH

ATAL has launched sales of 72 apartments in the second phase of its ATAL Jasieny project in Gdansk. Located on Stężycka Street, the development comprises 22 low-rise terraced buildings and detached two-unit buildings. Prices start at PLN 10,500 per sqm, with construction scheduled for completion in mid-2028.

Office & mixed-use development

Poland Pazim modernises courtyard at its Szczecin complex

schedule 15 September 2026
Opr./edited by AH

Pazim is modernising the courtyard of its complex in Szczecin. The works will include resurfacing, changes to the parking area, new planting, lighting and the creation of spaces for rest and informal meetings. The project is scheduled for completion in early 2027.

Data centres

Poland Hillwood moves planned data centre further from homes

schedule 15 September 2026
Opr./edited by AH

Hillwood Polska has revised plans for its planned data centre campus in Reguły, in the Michałowice municipality. Following feedback from local residents, the developer says the buildings will be moved further away from homes, scaled down and separated from the nearest residential properties by a wider green buffer.

Investment & finance

Europe Uniqa opens EUR 3 bln real estate platform to outside investors

schedule 15 September 2026
Opr./edited by AH

Uniqa is opening its EUR 3 bln real estate platform to third-party investors, marking a new push into external capital after five decades of managing property for its own group.

Office & mixed-use development

Poland Skanska builds Nowy Format

schedule 15 September 2026
Opr./edited by AH

Skanska has started construction of the first phase of the Nowy Format office complex in central Krakow. An eight-storey building offering 21,400 sqm of leasable space will be developed on the site of a former press printing plant. The project is scheduled for completion in Q3 2028.

Office & mixed-use development

Poland Flint Group extends Łódź 1 lease

schedule 14 September 2026
Opr./edited by AH

Flint Group Packaging Solutions has renewed its lease at the Łódź 1 office building at al. Piłsudskiego 22. The company will remain at its current headquarters, occupying 3,328 sqm. The decision followed a review of the office space available on the Łódź market.

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 (308) June 2026

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