Tag: Czech Republic
Columbus summarized the first half of 2023
Over the past 6 months, the Columbus Group has achieved a revenue of 251 million PLN. Even though the EBITDA result is negative, it is almost 60% better than during the corresponding period in...
ORLEN buys Austrian fuel network
The European Commission has given its consent for the acquisition of 266 petrol stations in Austria. By the time this process is finalized, ORLEN’s services will be available in seven European retail markets. The...
Protest in Warsaw is parents’ response to withdrawal of treatment for children with achondroplasia
In August 2023, the Ministry of Health removed Voxzogo, a drug used under the Emergency Access to Drug Technologies (RDTL) procedure, from the list of reimbursed drugs. This preparation was the only agent used...
ORLEN focuses on developing its station and charging point network in Germany
ORLEN is intensifying its fuel station rebranding in Germany. The implementation of the ORLEN brand is accompanied by facility upgrades and an extended range of services for clients. Germany is one of the markets...
Industrial developers take an interest in Rzeszów
Subcarpathia continues to gain importance and is likely to become a leading east-west transshipment hub supporting the rebuilding of Ukraine. Its potential has also been recognized by industrial developers who are building warehouses and...
Industrial and logistics rents are set to continue to rise despite increases in vacancy...
According to Savills latest European Logistics Outlook, growth in prime rents is set to remain robust across the continent having increased by 10.4% in the last four quarters. This is despite vacancy creeping up...
Poland leads the European Union warehouse market in terms of supply
According to “Warehouse and Industrial Market in Europe”, a report published by real estate advisory firm Newmark Polska, development activity across the EU continued unabated, with more than 20 million sqm of modern warehouse...
Despite challenges, warehouses are doing well
A pandemic, high inflation, rising prices for materials and contractors, and consequently, an increase in starting rental rates concerned the warehouse sector in 2022. Despite the difficulties, the logistics and industrial market is stable...
Enduring occupier demand & record low vacancy rates will underpin resilience of EU industrial...
€42bn invested into industrial & logistics assets so far in 2022, 50% above the five-year average
In Q3 2022 average prime yields rose to 26%, up 20bps since Q1 2022
Consumer spending to...
European logistics real estate market
According to Savills, investment into the European logistics sector has again remained strong so far in 2022, reaching €14.3bn in the first quarter, following a record year in 2021. A shortage of prime stock...
Rising student numbers in Europe to drive PBSA demand
A rapid growth in student numbers will drive demand for student housing in the next five years across all larger European university hubs – especially major Spanish and Italian cities, Savills forecasts. Also in...
The battle for commerce with express deliveries
Several companies on our market are already developing their dark store networks, which allow for the delivery of food products within a dozen or so minutes from the order, and new shopping platforms announce...
The growth in importance of small shopping centres and retail parks in CEE-16 has...
Discount retailers predicted to find Central and Eastern Europe (CEE) market very attractive as evidence shows shoppers have favoured the ‘value for money’ approach these retailers provide - reveals a new report by Colliers:...
Momentum builds throughout EMEA property markets in Q3: Colliers
Investment in European property continued to gain momentum in Q3 with the return of big-ticket deals in major markets across the region, according to the latest market snapshot for Europe, the Middle East and...
Warsaw and Prague have started to see green shoots of recovery in demand on...
In the first half of 2021, tenants leased over 1.1 million sq m of modern office space across the capitals of the 15 CEE countries. The highest level of activity was recorded in Warsaw...
GARBE Industrial Real Estate enters Polish market
GARBE Industrial Real Estate Poland has entered a Polish market with an acquisition of a new flagship production and warehouse facility of Hubergroup located in Wroclaw. The parties have signed a Preliminary Purchase Agreement...
The PRS market in the CEE region gathers pace and interest from investors but...
Residential volumes across the CEE region have been limited and averaged out annually at just over €200 million in the past 5 years. There is a larger number of PRS/BTR projects being announced in...
CEE economies are expected to accelerate throughout 2021 and 2022, at an...
According to Colliers, a leading diversified professional services and investment management firm, Western European capital, particularly German and UK funds, was most active and responsible for ca. 50% of all volumes in Q1 2021...
Banks are not the sole source of capital
Consistent implementation of planned investments now requires companies to search for alternative ways of raising capital.
In a situation when banks tightened their financing conditions, and for some industries completely stopped lending, the implementation of...
The condition of retail markets in the CEE region in times of pandemic
The 172 million strong consumer market of the CEE-17 region should continue to deliver better growth rates and returns than more developed markets in retail and other sectors according to the “ExCEEding Borders |...