Investment volumes in the CEE-6 markets hit new heightsThe most important macro indicator for CEE real estate this year is Eurozone interest rates, which we see flat-lining at zero. This should stem some of the potential angst over tightening credit conditions, keep liquidity high, buyers interested and help pricing to plateau. We foresee selective compression in capital city prime office yields. Absent a Eurozone financial crisis, funding from lenders should remain a support reveals Colliers International in its latest CEE report “Outlook 2019: Climbing at the altitude”.
Marcin Lewiński joins Colliers Land DepartmentMarcin Lewiński has joined Colliers International as Associate Director in the Land Department. He will be responsible for the acquisition of new clients and investment land as well as maintaining relations with investors.
Helios enters Galeria OstroviaHelios cinema network, belonging to Agora Group, has leased approximately 1,160 sqm in the shopping centre Galeria Ostrovia, in Ostrow Wielkopolski. In the transaction process the tenant was advised by Colliers International.
Colliers International announced further promotionsFour employees of international advisory company Colliers International will occupy new positions in Real Estate Management Services. Barbara Lis, Karolina Dobrowolska, Agnieszka Cichowlas and Dorota Borkowska have been promoted to Senior Manager positions.
Promotions in Colliers InternationalKatarzyna Chudawska, Łukasz Orzechowski and Wioletta Bodnaruś have been promoted to Associate Director positions in Real Estate Management Services at Colliers International.
Spark C to be managed by ColliersSpark is a complex of three office buildings that offers innovative technologies and unconventional space arrangement. Building C, with app. 13 000 sqm of leasable area and 86 parking spaces, is the first of the three. The developer, general contractor and the main tenant of Spark C is Skanska, while the new owner since December 2018 is German company KGAL Investment Management GmbH & Co.
Polish brands continue entering the Romanian market The Polish sportswear retailer, 50 style, opened its first store in Romania, in Bucharest’s Iris Shopping Center, Titan area, on a surface of 315 sqm. According to experts from Colliers International Romania, which advised 50 style in leasing retail space, the brand’s entry to the local market confirms the attractiveness of the Eastern European region, especially Romania, where consumption has been steadily increasing in recent years.
Santander Consumer Bank leases office space in Business GardenSantander Consumer Bank has signed a lease agreement in Business Garden, in Wroclaw. The company will occupy over 10,000 sqm in one of the buildings currently being built on Legnicka street.
LOXX increases its space in Prologis Park Warsaw IILOXX Ltd. has renegotiated its lease agreement at Prologis Park Warsaw II and expanded its warehouse space to 8,500 sqm. The tenant was represented in the negotiation by international advisory company Colliers International.
Generali becomes the new owner in WarsawGenerali Real Estate has acquired Senatorska 18A in Warsaw from the Austrian development group S+B Gruppe AG. The buyer was advised by Colliers International during the contract negotiation.
Decisive change is a mustOn December 2, the attention of the international community will be drawn to the state of the climate, and to action that can prevent the ecological catastrophe that is threatening us over the coming several decades. The UN Climate Change Summit - COP24 is about to start in Katowice. The event will gather over 25,000 participants, including delegations from 196 countries, and it will last almost two weeks until mid-December. The commercial real estate sector is developing mostly in the sustainable way, but the decisions that will be made during COP24 will undoubtedly affect the direction of its further growth.
Dorota Wysokińska-Kuzdra to head new department at Colliers InternationalLeading commercial real estate advisory firm Colliers International is extending its range of services dedicated to investors. Dorota Wysokińska-Kuzdra has joined the company where she will head the new Corporate Finance CEE department as a Partner. The new business line will provide advice on customers’ financial needs, including debt financing, mezzanine financing, raising capital and gaining capital partners, and also offering support in acquiring companies and entering the stock exchange.
2025 set to be ‘watershed year’ for retail property as e-commerce reaches ‘point of maturity’In the latest EMEA Research Report: “The Retail Rollercoaster”, Colliers International is predicting it will be a further seven years before there is a rebalancing of the physical and online retailing sectors across Europe.
Iwona Chojnowska-HaponikResponsible for promoting Poland as an investment destination, servicing investors interested in starting their businesses in Poland, (mostly business location advisory and state aid issues), supporting Polish entrepreneurs abroad and rendering aftercare services.