Articles

CA Immo has signed and closed the sale of the Zagreb Tower office building to Austrian property company S Immo AG at a 5% premium to H1 2020 book value.

"In parallel with our portfolio growth in CA Immo's core markets, we are also continuing to pursue our non-core sales strategy. With the sale of the Zagreb Tower, we are withdrawing from a small CEE market at a sound sales price. In 2018 we started to speed up the process of focusing our strategic CEE portfolio on large-space, modern office properties in the big CEE capitals where we have local management teams in country, and where we believe we can generate appropriate level of risk adjusted returns.

Real estate again in demand in Zagreb: New apartments looted, for an area over 2100 euros - on average!

The adjustment of the offer was slowed down by the lack of labor because part of the cross-border workers who were employed in this sector left the country, and after Croatia's entry into the EU, part of the domestic workers did the same, according to the central bank.

Online Real Assets PropTech to close circle by offering 360⁰ digital services to asset managers in CEE

First digital PropTech Start-up Hub in CEE Online Real Assets (https://www.onlinerealassets.com), is completing its 360⁰ digital services to landlords and asset managers, by integrating brand new digital asset management tool , through its joint-venture with Assetti (https://assetti.pro).

Do you start missing the office? Not the location but the interaction?

In a survey of Facebook employees covered by the Harvard Business Review, the participants identified three things they wanted most from work: career, community and cause. When those three critical elements are met, they give employees a sense of respect, care and recognition from their community at work, and they report that they truly “bring their whole selves to work.” This sense of connection with a work community enriches their feeling of accomplishment, beyond the physical walls of the workplace.

Maintaining tenant relationships in the time of COVID-19

It has been a trying time across all industries and all kinds of interpersonal relationships. Community managers and tenants are considered in-person communities, and as such, are particularly affected by the onslaught of this uncertainty. COVID-19 has urged community managers to think on their feet when it comes to solutions for pressing concerns among their tenants. Clear communication is the cornerstone of maintaining tenant relationships – despite it looking differently from what it once was.