Coronavirus

Romania Vaccination centre provided by Globalworth

30 March 2021

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

WORLD Employers in no rush to return to workplaces

24 June 2020

Opr./edited by RO

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.

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

14 May 2020

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.

Build Europe pushes post-coronavirus action plan

14 May 2020

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.

Polish RE lends an even greater hand to fight the pandemic

14 May 2020

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.

Panattoni to provide PLN 0.5 bln worth of medical supplies

07 May 2020

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

Landlords underwhelmed by emergency relief

14 April 2020

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.

Toyota prepares to reopen Polish plants

14 April 2020

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.

AFI Braşov now to open in the autumn

08 April 2020

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

Aleja opening postponed

08 April 2020

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

BPI opens virtual sales office

07 April 2020

Opr./edited by TC

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

Rent suspension in Sukcesja

07 April 2020

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

Retailers join the fight

03 April 2020

Opr./edited by TC

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

Carrefour donates PLN 2 mln to fight pandemic

02 April 2020

Opr./edited by AZ

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

Pay no rent in Sukcesja

01 April 2020

Eurobuild CEE

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

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.

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.

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.

Economies rebalance in wake of coronavirus

Alex Hayes
journalist

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.