Logistics: 224% year-on-year increase in demand

Logistics: 224% year-on-year increase in demand

There are signs of better times ahead at the industrial and logistics property market, according to the research group of consulting companies CBRE, King Sturge and DTZ. While in the first quarter of this year, lease contracts for approximately 158 000 square metres were signed, it was already 221 500 square metres in the second quarter. Overall, this year the demand for logistics areas (380 000 square metres) nearly equaled the volume of demand for the year 2009.

Autor: SF / pb, Datum: 27.07.2010celý článek »

The centre-right coalition announces significant changes in the transport department

The centre-right coalition announces significant changes in the transport department

The recent June real estate audit of pluses and minuses did not include the event which, while it does not usually directly affect the real estate sector, it is definitely of enduring significance – it is influential for at least four years. The change of government as a result of parliamentary elections is not solely a political hitparade where the winners and losers are announced. It has a far reaching impact on the economic course of the country, it gradually affects deeply all areas, not exempting the construction industry and its related activities such as investment development, job creation, real estate market trading and planning.

Autor: SF / Juraj Pokorný, Datum: 20.07.2010celý článek »

Galéria Mlyny Nitra – a project in the right place at the right time

Galéria Mlyny Nitra – a project in the right place at the right time

What are the parameters of success for any development project at the time of a long-term crisis? This question has been heard countless times in a number of various permutations during past discussions at Stavebné fórum. Despite the insightful and spirited answers and definitions, not every speaker from the above-mentioned field was able to praise themselves that they had estimated the future demand exactly during the projection of their investment plans and did not step off the trail. During the last, June, discussion meeting, Slavomíra Tóthová from the company Mlyny, a.s. presented exactly such a project.

Autor: SF / Juraj Pokorný, Datum: 13.07.2010celý článek »

End of ineffective real estate agencies as a result of natural selection

End of ineffective real estate agencies as a result of natural selection

Not so long ago the market situation with real estate agencies has culminated. The excess pressure of supply, as far as the brokering service in the execution of a trade transaction is concerned, was truly enormous and surpassed even the number of real estate properties which were in circulation during the boom. It did not concern exclusively the subject of business – real estate agencies were promising dizzying careers to prospective brokers who were supposed to turn professional after telegraphic training and in time become rich – guaranteed. Freely available real estate magazines were filled with photographs of successful “terminators“, reminiscent of the youthful faces of today‘s teenagers.

Autor: SF / Juraj Pokorný, Datum: 07.07.2010celý článek »

The world according to CNB: stabilization is the sign of the timestrend

The world according to CNB: stabilization is the sign of the times

The Czech crème de la crème forecast – the “Financial Stability Report“ by CNB (Czech National Bank) – will probably not give any more wrinkles to the local property development. But it will not remove them either. The entire economy and property market must prepare for more modest times. The basic motto of the latest outlook document by CNB is “stabilization“; in all parametres – at their current, but not always ideal level. The central bank analysts do not rule out an emergence of worse times, they however, consider this “unlikely“.

Autor: SF / Petr Bým, Datum: 29.06.2010celý článek »

Investment development vs. sustainable urbanism in practice

Investment development vs. sustainable urbanism in practice

In mid-February Stavebné fórum.sk opened a discussion on shapes, forms and differences in the post-crisis property development. Representatives of self-governing bodies, investors, universities, architects and lawyers agreed on one conclusion then: post-crisis property development will differ vastly and it will function on principles totally different from today´s. Participants of the international conference project analysed this topic in more detail and on a wider international basis last Thursday in May. Again in Košice and again with focus on Development after crisis = time for quality: in architecture and in new economic-legal relations.

Petr Fanta, CODECO: We have shifted weight towards residential

Petr Fanta, CODECO: We have shifted weight towards residential

They are only catastrophic headlines in the media, in reality, nothing terrible is happening. The developers‘ problem is only that flats are being sold over a longer time period. This is how Petr Fanta, managing director and head of the board of directors of the British-Czech developer company CODECO, evaluates the frequently discussed crisis of the domestic residential market.

Autor: SF / Petr Bým, Datum: 15.06.2010celý článek »

Aupark brand shopping and leisure centres are expanding all over Slovakia

Aupark brand shopping and leisure centres are expanding all over Slovakia

As we know them, HB Reavis Slovakia are building their Auparks simultaneously in several cities. Aupark in Piešťany was opened in April, it will be opened in Žilina in autumn and in Košice next year. They even expanded to the Czech Republic and Hungary. A shopping and leisure centre with this name will also be built in Brno, Ostrava and Hradec Králové. The property developer has already managed to build Aupark, Apollo Business Centre I and II, City Business Centre I-II in Bratislava. Their investment plan, valued at one and a half billion EUR, is dominated by Twin City and office complex CBC III-V.

Autor: Marián Hudec / jup, Datum: 15.06.2010celý článek »