Warsaw Rising: The Polish Capital’s Skyline Gets Even Taller

varso

Warsaw’s skyline, which in recent years has become one of the most impressive in Europe, continues to rise. A number of office buildings, with a combined total leasable area of around 760,000 sq metres, are currently under construction in the city, and almost half of them are skyscrapers. Warsaw’s current highest office building, Ghelamco’s Warsaw Spire will be joined by more skyscrapers: Varso Tower, Karimpol’s Skyliner, Golub Gethouse’s Mennica Legacy Tower or Ghelamco’s two other buildings —  Warsaw Hub and Spinnaker Tower. Continue reading Warsaw Rising: The Polish Capital’s Skyline Gets Even Taller

High Real Estate Prices at Home Force Czech Investors Abroad

Construction of the Petrin lookout tower in Prague Czech Republic

A lack of commercial property at acceptable prices is forcing some of the largest Czech investment funds to seek better deals abroad. The leading Czech real estate fund ČS Nemovitostní Fond bought an office building in Warsaw for more than 116 million euros early in August 2017, and in September acquired Galeria Słoneczna, a shopping centre in Radom, for 164 million euros. The ČS Nemovitostní Fond, which is the oldest and largest shared fund in the country, has also been buying up property in neighbouring countries in recent months. Continue reading High Real Estate Prices at Home Force Czech Investors Abroad

Polish Labour Market Deficits Are Impacting All

Construction site with crane and building. Construction site in western europe - in Poland.

Half of Polish employers say they already face recruitment challenges which impact their companies’ development, says the latest Work Service report ‘Labour Market Barometer VIII.’ A third of them are struggling with personnel deficiencies, which prevents them from completing new contracts. Every eighth business has been forced to retreat from planned investments because of a shortage of candidates. Continue reading Polish Labour Market Deficits Are Impacting All

An Opportunity for CEE Realtors to Send a Positive Message to Investors

Over 5,000 international investors and 60 institutional investors, representing $600 billion of combined allocation to real estate, are coming to the resort town of Cannes on the French Riviera in search of investment opportunities.

Filippo Rean, director of the Real Estate Division at Reed MIDEM, and the organiser of MIPIM, the world’s largest real estate event, in Cannes, spoke to Jerry Cameron, about the 2017 edition pf the real estate fair and the role Central and Eastern Europe plays at MIPIM. Continue reading An Opportunity for CEE Realtors to Send a Positive Message to Investors