Industrial: The total take up of industrial space amounted 15,000 sq m in Bucharest

Romania - In the first quarter of 2010 the Romanian logistics market has registered a dynamic pace compared to the same period of 2009. The demand has been more active and developers started to become optimistic and confident in the...
Tuesday, 15. June 2010

Retail: Contraction of rental levels continued with moderation in Q1 2010

Romania - The volume of modern retail stock (comprising retail schemes in the form of urban malls, retail parks, commercial galleries, outlet stores and strip malls) increased by an additional 106,500 sq m GLA within Q1 2010...
Tuesday, 08. June 2010

DTZ: Office take-up in Q1 2010 incresed 65% year-on-year

Romania - In the first quarter of the year ca. 68,000 sq m of new stock was delivered to the market. This reflected 24% of the projected annual supply for 2010. Thus, the modern office stock reached circa 1.59 mil sq m at the end of March 2010.
Friday, 04. June 2010

Signs of rental improvement in global office markets

Europe - Increased demand, together with more relocation activity, is slowing rental declines in the majority of global office markets, with growth beginning to accelerate in three major markets, according to the latest Global...
Thursday, 03. June 2010

Park Inn becomes Park Inn by Radisson

UK - The Rezidor Hotel Group announces a new name for their mid market brand Park Inn: With immediate effect, Park Inn becomes Park Inn by Radisson. "This new name is in line with our decision to strongly focus on the development of our two core brands. Park Inn is a young...
Wednesday, 02. June 2010

CB Richard Ellis announces new CEE research analyst

CEE - CB Richard Ellis (CBRE) announced that as of 1 June 2010 Gábor Borbély has been promoted to the position of CEE Research Analyst. In this position Gábor will be part of the regional CEE Research & Consulting team led by...
Wednesday, 02. June 2010

Now is the right time to buy in Europe

UK - DTZ’s flagship Money into Property report predicts that the worst of the property slump is over and forecasts that global invested stock will grow by 5 per cent in 2010. European invested stock is expected to rise by 4 per cent this year as capital values continue their...
Tuesday, 01. June 2010

The Future of Retail in EMEA – Change is Coming

Russia - On 26th May Jones Lang LaSalle will be launching Retail 2020, a definitive study of the rapidly changing global retail landscape over the next ten years via a bespoke interactive website. The research will cover all factors expected to impact EMEA retail real estate by...
Friday, 28. May 2010

Global real estate markets at recovery inflection point

UK - The recovery in global real estate markets is playing out rapidly in 2010, faster than forecast at the end of last year, and has now reached a crucial inflection point in terms of sustaining momentum, ING Real Estate Investment Management (ING REIM) said in its latest...
Wednesday, 26. May 2010

Values & volumes rising as the commercial property market heats up

Europe - According to the latest update from Cushman & Wakefield, European commercial property was buoyed in Q1 by further growth in demand, particularly from foreign players, improving debt market sentiment, increased interest in...
Wednesday, 19. May 2010

Euro Tower will be the new headquarters of Avon

Romania - DTZ Echinox assisted the international cosmetics company Avon to rent a space of 1,200 sq m on the Euro Tower building, developed by Cascade Group. Avon will occupy new premises starting June 15.
Monday, 17. May 2010

Yields decrease for prime assets in certain CEE markets

Czech Republic - Central & Eastern European (CEE) commercial real estate investment totaled approximately €600 million in the first quarter (Q1) of 2010, a 140% increase on Q1 2009 turnover, according to the latest data from CB Richard Ellis (CBRE). This growth reflects the increased...
Friday, 23. April 2010

Sanador leases a 15,000 sq m office building on Sevastopol Street, for a hospital

Romania - DTZ Echinox has mediated the lease of a 15,000 sq m office building, between Sanador and Castrum Corporation. Starting September 2010, a new general hospital with a capacity of 120 beds opens in this location, as a result...
Friday, 23. April 2010

C&W Economic Pulse reports explore strength and stability of regional markets

Global Report - Cushman & Wakefield issued its global Economic Pulse reports for May 2010 which analyze global economic trends in the Americas, Europe, and Asia and the implications for business investment and commercial real estate...
Thursday, 22. April 2010

Development of shopping centres still declining to a low point in 2011

UK - The rate of development of new shopping centre space in Europe slowed considerably in 2009. It is unlikely that development levels will pick up before 2012 at the earliest, says real estate adviser Cushman & Wakefield in...
Tuesday, 20. April 2010
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