Colliers International Eastern Europe sums up 2011
Colliers International has summed up the results of activity for 2011 in Eastern Europe. In 2011 Poland’s industrial team closed 580,000 m² in deals which is a record result to date. Largest industrial deals in the Czech Republic were assisted by Colliers International including a lease to PST CLC of 29,000 m², a leading Czech provider of logistics and customs services, and ModusLink of 32,000 m² , a leader in supply of e-Business processes. According to Colliers, its industrial team agency leads the CEE market share, holding 43% ahead of competition.
In terms of office market share across all countries in the region (Czech Republic, Romania, Hungary, Albania, Bulgaria, Croatia, Greece, Montenegro, Slovakia, Serbia, Ukraine, Russia, Latvia, Estonia and Lithuania) Colliers came out on the top in terms of tenant representation in market share holding 25%. According to Colliers the firm became in Romania the market leader in offices in 2011. The team closed their largest deal in Romania to date (27,300 m²) to Premia Med in Bucharest – this is the first office building to be reconverted into a private hospital.
Colliers International Hungary represented Trigranit, as joint advisors for the sale of Millenium Towers in Budapest. A 74% share quota of 70,000 m² office complex was sold to Heitman, this is a benchmark transaction for the Hungarian market.
The Bulgarian team, like the Romanian one, holds the leading position in the office and investment sectors. The investment volume transacted in the Bulgaria office reached €44 million and the leased space amounted to 20,059 m².
In 2011 Colliers’ Ukraine retail agency won a total of 243,000 m² of retail space in Ukraine in such shopping malls as Marmolade Shopping and Entertainment Centre in Kyiv, Forum Lviv Shopping and Entertainment Centre in Lviv, Kyiv Mall Shopping and Entertainment Centre, River Mall Shopping and Entertainment Centre in Kyiv and Raion Shopping Centre in Kyiv.
The Colliers office in Moscow holds the leading position in Russia in terms of retail. The Russian industrial agency leased 308,000 m² of space in 2011. Russian REMS team won a record number of projects in 2011 amounting to 180,000 m².