Good news!

As requested, a trickle of good news is beginning to flow in. (Will update as appropriate)

-CB Richard Ellis reports that the CEE property investment market registered 22 transactions with a total volume of over €1.5 billion in Q3 2010, close to a 60% increaseon Q2 figures. Quarterly investment volume has not been this high in two years. Year-to-date turnover is close to €3.3bn compared to the total turnover of €2.6bn in 2009 as a whole.

-Wilson & Partners are pleased to announce the strengthening of their practice with the addition of Pavel Raboch as a junior corporate and finance lawyer from Clifford Chance and Tamara Worboys as a senior UK registered lawyer with over 15 years experience in the field of commercial property.

-ProLogis leased 6,800 sqm to a third-party logistics provider and division of the largest book wholesaler in the Czech Republic and Slovakia. The company will operate its regional distribution hub at ProLogis Park Ostrava Building One, located 14 km west of the Ostrava city center, off the D47 motorway.


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