CEE region Savills appoints CEE CEO

Human resources
Savills has appointed Stuart Jordan, the current managing director of the consultancy in the Czech Republic and Slovakia, as CEO of the entire CEE region.
Stuart Jordan has been managing the company’s Czech business since 2017 and has overseen the recent expansion of operations into Slovakia. Stuart Jordan will now lead Savills’ branches in the Czech Republic and Poland, as well as coordinating cross-border activity with associate offices in Austria, Hungary, Romania, and Serbia. Tomasz Buras, who has been CEO of Poland since 2014, will be leaving the company. Savills Central and Eastern Europe will operate as one region, reflecti
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Latest news

Hotels

Poland Self service in Opole

schedule 22 August 2025
Opr./edited by AH

The De Silva Inn Opole is now open. This is  Poland's largest fully self-service hotel with a usable area of around 4,000 sqm.

Material partner

Poland Atlas Estates secures major loan from Bank Pekao

schedule 20 July 2025
Eurobuild CEE

Atlas Estates is pleased to announce the successful securing of a significant loan facility from Bank Pekao SA, one of Poland’s leading financial institutions. This financing marks a continued vote of confidence in Atlas Estates Group’s business model, strategic direction, and longstanding partnership with Bank Pekao SA.

Warehouse & industrial

Poland Steady warehousing growth

schedule 22 August 2025
Opr./edited by AH

The Polish warehouse market is growing steadily and maintains fifth place in Europe in terms of the space available. In the second quarter of 2025, total stock was more than 36 mln sqm, representing a 7.2 pct year-on-year increase, according to the latest CBRE report.

Warehouse & industrial

EMEA region Data centre market in Warsaw set to triple

schedule 22 August 2025
Opr./edited by AH

In the first half of this year, the total capacity of datacentres in the EMEA rose by 21 pct to y-o-y to 10.3 GW according to the latest 'EMEA Data Centre Update' report by Cushman  & Wakefield.

Investment & finance

Germany Ashtrom buys Cologne office property

schedule 21 August 2025
Opr./edited by AH

Sonar Real Estate has sold an office building on Siegburger Strasse in Cologne-Deutz for an undisclosed sum. The buyer is Ashtrom Properties Germany.

Office & mixed-use development

Poland Saski Crescent fully leased

schedule 21 August 2025
Opr./edited by AH

Three companies have joined the tenants in Warsaw's Saski Crescent office building, taking up a total of 3,500 sqm. The building is now fully leased.

Warehouse & industrial

Poland ProOptimum comes to MLP Czeladź

schedule 21 August 2025
Opr./edited by AH

ProOptimum, a logistics company that provides goods warehousing and transportation services, has leased a total of over 5,000 sqm in MLP Czeladź.

Office & mixed-use development

Germany First tenant for modernised Prisma

schedule 20 August 2025
Opr./edited by AH

Leading IT consultancy Adesso has leased 6,500 sqm from Sonar in the Prisma office building in Frankfurt. This is the first lease signed since the building’s refurbishment.

Office & mixed-use development

Czech Republic Vacancies in Prague fall

schedule 20 August 2025
Opr./edited by AH

Although the second quarter saw only two completed projects and the vacancy rate for Prague offices continues to fall, construction activity has intensified, according to a new survey by Colliers. A total of four projects were launched, and the total volume of properties under construction reached 212,600 sqm. The total volume of the Prague office space market reached 3.94 mln sqm. However, by 2029, it could grow by up to 600,000 sqm of new space. 

ESG

Poland Logicor creates a public park

schedule 19 August 2025
Opr./edited by AH

Logicor Serenity Park is being created in Mysłowice. The project comprises a 4 ha public park within an industrial complex.

Investment & finance

Germany Sonar Real Estate sells office property in Oldenburg

schedule 19 August 2025
Opr./edited by AH

Sonar Real Estate has sold an office property in Oldenburg on behalf of a pan-European real estate investment manager.

Warehouse & industrial

Poland Warehousing growth continues

schedule 19 August 2025
Opr./edited by AH

In the first half of 2025, Poland’s industrial and logistics real estate market maintained it steady growth according to Axi Immo in its latest report titled: 'Industrial and logistics market in Poland H1 2025'.

Warehouse & industrial

Poland P3 builds for DPD

schedule 19 August 2025
Opr./edited by AH

P3 Logistic Parks has constructed a BTS warehouse in P3 Bydgoszcz Park for logistic operator DPD Poland, which is owned by Geopost, the largest international courier network in Europe.

Office & mixed-use development

Poland Nefryt and Topaz sold

schedule 19 August 2025
Opr./edited by AH

The Nefryt and Topaz buildings on ul. Domaniewska in Warsaw have been sold to Resolution Capital Management and a UK private equity fund. The British fund was supported by Cushman & Wakefield, which also manages the complex, while Colliers advised the seller.

Warehouse & industrial

Czech Republic Tenant market arises

schedule 18 August 2025

Gross realised demand on the industrial market fell 34 pct below the five-year average, reaching only 304,900 sqm. Net demand (excluding renegotiations) fell 40 pct below the long-term average to 169,600 sqm, and the volume of newly completed space also remained below average at 131,600 sqm according to the latest figures from Colliers.

Office & mixed-use development

Poland Newmark enters Katowice

schedule 18 August 2025
Opr./edited by AH

Newmark Polska has opened in Katowice. The company's new regional office is located in the mixed-use Supersam building.

Investment & finance

Croatia CEREF sells two centres

schedule 18 August 2025
Opr./edited by AH

Martley Capital has completed the sale of two warehouse assets in Croatia from their Central European Value Add Fund, known as CEREF.

Office & mixed-use development

Germany Facelift for Arne Jacobsen Haus

schedule 18 August 2025
Opr./edited by AH

The former headquarters of Hamburg’s electricity board is being modernised by Matrix Real Estate with Strabag subsidiary Züblin acting as the general contractor. The building is to become a New Work serviced office building.

Warehouse & industrial

Poland Hillwood Oleśnica fully leased

schedule 18 August 2025
Opr./edited by AH

Flexible packaging material manufacturer Royal Vaassen Flexible Packaging has leased over 13,000 sqm, as well as over 600 sqm of offices, in the Hillwood Oleśnica logistics park. With the signing of the deal, the centre is now fully commercialised.

Residential

Poland Massive PRS portfolio purchase by Vantage

schedule 18 August 2025
Opr./edited by AH

Vantage Development, a Tag Immobilien subsidiary, has acquired 18 Resi4Rent projects with 5,000 PRS units for PLN 2405 mln. The deal is subject to approval from the Polish antitrust authorities.

Latest in Human resources

schedule 10 July 2025

Panattoni bets big on data centres

Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists have been hired to implement the project.

schedule 27 June 2025

Five new board members at JLL

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

schedule 03 June 2025

A change of guard at Eurobuild

From the beginning of June this year, Anna Korólczyk-Lewandowska takes over the position of Editor in Chief of Eurobuild magazine.

schedule 29 August 2024

Changes at the helm of Dom Development

Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the supervisory board. From the beginning of 2025, Mikołaj Konopka, current member of the management board and co-founder and president of Euro Styl, will take over the reins of the company.

schedule 08 January 2024

Savills has new CEO

Kamil Kowa has become the new CEO of Savills in Poland. He is a member of the management board of the company, and for the past nine years has held the position of head of Corporate Finance and Valuation at Savills. 

schedule 17 October 2023

New head of retail at Cushman & Wakefield

Michał Masztakowski has taken up the position of the head of the retail agency in Poland at Cushman & Wakefield. He will be responsible for preparing and implementing the department's business strategy, expanding the firm's client portfolio and leading a team advising tenants and investors.

schedule 30 August 2023

Savills appoints CEE CEO

Savills has appointed Stuart Jordan, the current managing director of the consultancy in the Czech Republic and Slovakia, as CEO of the entire CEE region.

schedule 12 December 2022

Hotel Gellért changes hands

BDPST Group has acquired the Hotel Gellért Szálló in central Budapest from Danubius Hotel Group for an undisclosed sum.

schedule 08 September 2022

Ettenauer steps down as S Immo CEO after CPI takeover

Austrian real estate investor S Immo, following the successful completion of the mandatory takeover offer by Prague-based CPI Property Group, has by mutual consent terminated the contract of S Immo’s CEO, Bruno Ettenauer.

schedule 18 July 2022

Changes at the top for 7R

Łukasz Jachna, the current member of the board and the chief capital markets officer of Polish warehouse developer 7R, has decided to leave the company. He will remain the head of the capital markets team until the end of September this year.

schedule 05 July 2022

Colliers goes West in Serbia

Colliers has entered into an affiliate agreement with Serbian real estate services company West Properties.

schedule 25 April 2022

Generation Park Y awarded gold

The Generation Park Y office tower, which was developed by Skanska in Warsaw's Wola-Centrum district and is now owned by Hansainvest Real Assets, has received a Well Core & Shell ‘Gold’ certificate.

schedule 15 April 2022

Meet Klara the constructor of the future

Polish construction firm Erbud has published a book aimed at encouraging girls to think about a career in the building industry.

schedule 11 January 2022

New CDO at MDC2

Maciej Madejak has been appointed chief development officer, founder, and member of the management board of MDC2. Previously, he held management-level positions at Prologis, Goodman and Panattoni.

schedule 02 August 2021

Avison Young branches out with Valuation

Avison Young has broadened its range of services with valuation and advisory.

schedule 02 July 2021

Monika Rajska-Wolińska promoted to Colliers’ CEE head

Monika Rajska-Wolińska has been promoted from managing partner for Poland to the position of CEO of Colliers in Central and Eastern Europe, which now covers Poland, the Czech Republic, Hungary, Romania, Slovakia and Bulgaria, effective from August 1st, 2021.

schedule 01 July 2021

Silvia Schmitten-Walgenbach to lead CA Immo

Silvia Schmitten-Walgenbach has been chosen to be the next CEO of Austrian real estate investor and developer CA Immo.

schedule 07 May 2021

Colliers seeks new Serbian and Greek partners

Colliers has announced that it is ending its affiliation with its partner companies in Serbia and Greece.

schedule 15 April 2021

Cushman & Wakefield now all shook-up

Cushman & Wakefield has reorganised its CEE leadership by creating eight new senior positions.

schedule 25 March 2021

Avison Young expands into Czech and Bulgaria

Avison Young has launched two new strategic affiliations in the Czech Republic and Bulgaria to expand the firm’s services to clients further across the CEE region.

Read flipbook version

Edition 7 (300) July 2025

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