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Colliers global investor outlook report anticipates up to 50% surge in global investnment in 2021

Leading diversified professional services and investment management firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) reveals investors are largely optimistic about a market rebound in 2021, according to its new Global Capital Markets 2021 Investor Outlook.

CEE Investment volumes for the Q1-Q3 period have reached ca. €8.0 billion and are 12% down compared to the same period of 2019

Budapest, 29 October 2020 - Despite COVID-19 impacts on markets, flow volumes remain relatively healthy for the first 3 quarters of 2020 at ca. €8.0 billion. Poland attracted €4 billion which represents 50% of all volumes in this period.

Mammut welcomes Cinema City VIP

After several months of refurbishment works and lock down, on October 1st Cinema City opened its first VIP movie theater on the Buda side in Mammut Shopping and Entertainment Centre.

eMAG opened in Mammut

As part of its transition into a hybrid retailer that conducts both online and offline salesmanship, eMAG opened its first shopping center unit on 300 sq m in Mammut Shopping and Entertainment Center in Budapest owned by NEPI Rockcastle. eMAG’s new store in Mammut I. also has a warehouse with space for thousands of products and will also act as a pick-up point for online orders.

Colliers appoints new Head of Property and Facilities Management in Hungary

Katalin Honi has been appointed new Head of Property and Facilities Management for Colliers in Hungary, as per mid-September.

New Head of Occupier Services at Colliers International Hungary

Colliers International Hungary is pleased to announce, that Miklós Ecsődi has been promoted to the position of Head of Occupier Services, effective from September 2020.

Many companies in the CEE region might consider a hybrid mix of remote and office-based work along with software for management of distributed teams, project management, team management and even skills management in the business.

We expect that a fair amount of market activity in 2020 will come from lease renegotiations and renewals as opposed to new and pre-lease transactions. We might record more sub-leases being offered if companies need to downsize. Tenant covenants will receive additional scrutiny by landlords, banks and investors in order to limit risk to a sustainable income.

Industrial and Logistics will become the new preferred segment by investors in current times

Residential tops the sectors in one deal cross the CEE region but, offices (27% share) have maintained their place in the order of preference, closely followed by Industrial and Logistics (26% share) in Q1 2020.
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