Finance Press Release

Are you worried about the current state of the economy? Do you find yourself constantly checking financial news for updates on market fluctuations? In times of economic uncertainty, it's natural to want to protect your investments. One way to do so is by investing in safe-haven assets that can withstand turbulent markets and provide stability during uncertain times. And when it comes to safe-haven investments, gold reigns supreme! In this blog post, we'll explore why gold is a go-to investment for those seeking security amidst global economic instability.   Image Source: https://unsplash.com/photos/iYsrkq5qq0Q   What is economic uncertainty? Economic uncertainty refers to a situation where the future state of the economy is uncertain or unpredictable. It often arises due to various factors such as political instability, market volatility, trade wars, natural disasters, and pandemics. When investors are unsure about how these external factors might impact the economy in the short or long term, there can be a significant decline in confidence which leads to volatile markets. During times of economic uncertainty, people tend to become more cautious with their investments and financial decisions. They may hold onto cash rather than invest it in riskier assets like stocks or property that could be impacted by an economic downturn. For example, buying gold bullion or bonds can be a safer option during such periods. Plus, investors may also be more hesitant to take on debt or increase spending as a result of the uncertainty surrounding the future of the economy.     What are safe haven investments? One key characteristic of safe haven investments is their ability to hold their value or appreciate in times of crisis. Examples include gold, silver, government bonds, and cash. These assets have historically been seen as reliable stores of wealth because they are not tied to the performance of other markets such as stocks or real estate. Another feature that makes these assets attractive is their low correlation with other traditional investment options. This means that even if the stock market experiences a sharp decline, safe havens like gold can continue to rise in price.     Why is gold a safe haven investment? Gold has been considered a safe haven investment for centuries. This precious metal is known to retain its value, even during times of economic uncertainty. Gold's scarcity and durability make it an attractive option for investors who want to protect their wealth. Gold also has the advantage of being a universal currency. It is accepted around the world as a form of payment and retains its purchasing power across borders. As such, gold investments can offer protection against inflation or depreciation in other currencies. Another reason why gold is considered a safe haven investment is because it has a low correlation with other asset classes like stocks and bonds. This means that when other assets suffer losses due to market volatility, gold may remain stable or even appreciate in value.   Image Source: https://unsplash.com/photos/yoWkkoUbG4E     Economic uncertainty can be daunting for investors who are worried about the safety of their investments. Safe haven investments provide a sense of security during times of economic instability and gold has been proven to be one of the most reliable safe havens throughout history. Not only does gold have intrinsic value, but it is also immune to geopolitical tensions and currency fluctuations. Its ability to retain its value over long periods despite market volatility makes it an essential asset in any diversified portfolio.

May 2023 was a month full of success for the Just2Trade brand, which was honored with the renowned Forextop award. This prestigious title placed the company in the elite ten of the world's best foreign exchange brokers. Just2Trade has been recognized for its excellent offerings and quality of service, as evidenced by an evaluation conducted by langyabang.com, a leading Chinese financial portal.   What is langyabang.com? Langyabang.com is a platform that has been providing financial information, brokerage service analysis and education for private investors since 2015. Among the numerous ratings and rankings it presents, one that stands out in particular is its review of foreign exchange brokers, in which Just2Trade achieved the highest score of five stars in three key areas: "Trading Conditions," "Customer Service" and "Variety of Services."   Trading conditions are the foundation of a successful forex transaction, so they are extremely important for traders. Just2Trade has earned an excellent reputation for offering its clients competitive trading conditions, such as low spreads, fast execution and advanced trading tools. This makes it possible for investors to trade efficiently and effectively, profiting from the dynamic foreign exchange market.   Customer service is another important factor in choosing a forex broker. By earning five stars in this category, Just2Trade has confirmed its commitment to high quality service. The company provides professional support to customers, taking care of their needs and offering access to financial experts to help solve problems and provide expert advice. As a result, investors are assured that they can always count on professional assistance in any situation.   The variety of services is an aspect that sets Just2Trade apart from its competitors. The broker offers a wide range of financial instruments, giving investors access to different markets, such as currencies, stock indices, commodities or precious metals. This gives investors the opportunity to diversify their portfolio and take advantage of favorable opportunities in different markets.   Who is Just2Trade broker and what do we need to know about it? Just2Trade is a leading international investment company that provides clients with direct access to the world's major stock and currency markets. Along with a wide range of investment services, the broker serves both professional and retail clients in more than 80 countries. It is a reputable forex broker with plans to enter the Polish market.   One of the key elements that prove Just2Trade's credibility is their CySEC license number 281/15. This means that the company is subject to the supervision and regulatory framework of the European Securities and Markets Authority (ESMA) and is authorized and regulated by the Cyprus Securities and Exchange Commission. Operating in compliance with legal requirements, Just2Trade provides clients with investment certainty and security.   Just2Trade Online, a leading European broker, with a prestigious World Finance award It is also worth mentioning other significant awards that Just2Trade has won for its achievements. In 2022, the company received the prestigious World Finance award for best customer service. This award is proof that Just2Trade is a broker that focuses on providing the highest quality service to its clients   Georgios Argitakis, CEO of Just2Trade, stressed the importance of this award, saying: "We are extremely pleased to announce that World Finance has honored Just2Trade for the best customer service in 2022. This award is a visible confirmation of the hard work and full dedication of our team, which constantly strives to provide the best service to our clients. We are proud of the excellent service we provide to all of our customers, and we are especially pleased when our efforts are recognized and rewarded."

As the UK retail sales data is released, there is a keen interest in understanding the current state of consumer spending and its impact on the economy. After experiencing a significant decline in March, the retail sales in April have shown signs of recovery. It is worth noting that the previous month's decline was primarily attributed to weather-related factors. However, inflation continues to pose a persistent concern.   The core retail sales figures have demonstrated a remarkable jump of 0.8% in April, following a decline of -1.4% in March. These numbers have exceeded the earlier estimated increase of 0.3%, which may raise some concerns for the Bank of England (BoE). While consumer spending is gradually improving, the forthcoming months are expected to witness a boost in spending due to anticipated further declines in energy bills.   Nevertheless, the employment sector is showing signs of weakness, as retail employment has experienced a decline for the third consecutive quarter, marking the most substantial drop since 2009. This presents a dilemma for the BoE as it navigates the high and persistent inflation alongside the emerging employment challenges.   In light of these developments, the Bank of England is likely to prioritize addressing the inflationary pressures, even if it means potentially impacting the economy and risking a recession. The delicate balance between managing inflation and supporting employment becomes a critical consideration for the central bank in the coming months.   We reached out to SquaredFinancial analyst to get their expert opinion on the matter. They provided valuable insights into the UK retail sales situation, shedding light on the factors influencing the recovery and offering their analysis of the broader economic impact   Could you please comment on the UK retail sales after it's released? The UK Retail Sales recovered in April after posting the biggest monthly decline in three months in March. The data showed that one of the main reasons behind March's decline is weather related. Yet, inflation is still there.   Core Retail Sales also jumped by 0.8% in April after a -1.4% decline in March, while estimates were to rise by 0.3% only, which somehow would worry the Bank of England (BoE).   Yet, looking ahead, consumer spending is improving gradually as energy bills are expected to decline further, while such a decline should boost spending once again in the 2nd half of this year.   However, employment is starting to show some weakness; retail employment fell for the third quarter posting the biggest drop since 2009. This is the dilemma the BoE needs to deal with. Inflation is still high and sticky, while employment is starting to take a hit.   Bank of England is likely to concentrate on inflation even if this means tipping the economy into a recession.

Crypto market seems to be quite resilient - what can we attribute to reduced price fluctuations? In one week's time only Litecoin and Decentraland have increased significantly, what has helped the altcoin?   While it feels like the calm before the storm in the cryptocurrencies market, few projects are on the rise. Although there are reasons behind the current state of the crypto market and every single green candle during this period of time. Let’s dwell deeper and discover those reasons!   Bitcoin itself is in a quite crucial spot. Traders aren’t fully convinced it is the time for correction for the King of the crypto market. In effect this brought us to this slow bleed price action, without major volatility. Until we see the decisiveness and more conviction in the market, the altcoins will suffer as well, as people sell them to avoid being trapped underwater (owning a certain asset, which costs below the price of buying) for a longer period.   First and most important is obviously Litecoin, the so-called “silver of the crypto market”. For the newcomers it might look like just another price spike. The real reason for LTC getting volatile is the incoming event of Litecoin halving, which cuts the rewards in half, which in this case are the only supply of LTC.   Therefore, similarly to Bitcoin, this crypto asset stays loyal to its own price cycle. Decreasing of the supply quickly can result in higher demand, which eventually turns into price soaring up. As the traders and investors are well-aware of this correlation, they tend to buy the Litecoin before the event itself, to overtake the major wave of the buyers in the days surrounding LTC halving.   We’ve also encountered major price spikes on assets under the narrative of metaverse and AI, like for eg. FET, AGIX and MANA.   During the periods of the indecisiveness of the market, most of the altcoins (every crypto asset except the Bitcoin) suffer, as the majority of the traders prefer to play it safe by staying out of them.   This leads many altcoins to enter the “discount zone”, but going further down isn't out of the question. If such a condition of the market is prolonged, the top trending assets are becoming a very tempting option for traders, as it may happen they just have caught the bottom of such a project, which may be a very lucrative trade.   Therefore in the last days we’ve seen several price spikes, but mostly on the altcoins following the top trends and narratives.

The event brought together 100 speakers and over 800 participants, becoming a powerful B2B & B2G network platform for discussing the development of Ukraine On May 11-12, 2023, an international Ukrainian-Swiss forum was held in Lugano, Switzerland, which brought together businesses, organizations, and the government of Ukraine, Switzerland, Austria, Italy, Luxembourg, Czech Republic, Slovakia, Poland, Germany, UAE, USA, and other countries. The organizers of the forum were the Blockchain Association of Ukraine with founder Mykhailo Chobanyan, Ukrainian-Swiss Business Association and the Swiss Federation of Small and Medium Business SGV-USAM with the support of the Lugano City Hall and the Embassy of Ukraine in Switzerland. Ukrainian business representatives had the opportunity to meet with Swiss and European businessmen and discuss real cases of the development of the Ukrainian economy at present and in the post-war period. In particular, the forum included a presentation of general macroeconomic indicators of Ukraine's development forecasts and a vision from the State Secretariat for Economic Affairs SECO to support Swiss companies planning to enter the Ukrainian market as part of the development of post-war Ukraine. In particular, more than 100 speakers with strong expertise in energy technologies, manufacturing, FoodTech, Digital, FinTech, HealthTech & Biotech, construction, venture capital and investments united with the great goal of not just restoring, but building a strong, economically prosperous and independent Ukraine. Among the main points of the forum, the speakers singled out the shift of focus of Ukraine from a raw material country to a country with a transition economy. "We managed to organize one of the largest Ukrainian forums in Europe, the main purpose of which was to gather Ukrainian and European businessmen and show them the prospects of joint profitable business. The Swiss business community knows little about Ukraine and does not have information beyond the big headlines about wars. Our goal was to provide real economic indicators, numbers and opportunities, to focus on the recovery of Ukraine, we also talked about repatriations and recovery funds and the trends of our time," emphasizes Mykhailo Chobanyan, co-organizer of the Lugano Business Forum and president of the Blockchain Association of Ukraine. Chobanyan also noted that the Ukrainian government predicts economic growth in the post-war period and an increase in GDP of at least 2%, which will allow Ukraine to become a place for the development of long-term European projects with 30-40% per year and a short logistics route. For this, he noted, it is worth working with the main problem identified by the Europeans — information and analytics. "One of the most important achievements of the Lugano Business Forum was the presentation of the current developments of the Swiss government regarding the legislative regulation of issues related to the financing of reconstruction projects and state guarantees of private investment in Ukraine. This gave Forum participants a unique opportunity to understand the real situation and adjust their strategies regarding timing and necessary preparatory actions," said Dmytro Sidenko, President of the Ukrainian-Swiss Business Association, one of the co-organizers of the Lugano Business Forum. At the forum, European business was able to highlight the attractiveness of the Ukrainian economic landscape and obtain detailed and step-by-step solutions for specific projects and partnerships, as well as systematize and find solutions for obtaining up-to-date information necessary for the European environment to make further decisions. Thus, the forum discussed the need to invest in Ukraine in projects of deep processing in the agricultural sector (among other things in the west of Ukraine), IT development, in particular in the field of defense tech, and the restoration of the energy sector already now, without waiting for an increase in logistics and raw material costs in the post-war period. Among the challenges, the speakers discussed the three most important issues — lack of investment and funding opportunities, brain drain and talent migration, as well as infrastructure and logistics issues. In particular, Evelina Komarnytska — one of the speakers of the forum and manager of grant programs at the Ukrainian Startup Fund — noted that according to the survey and report of the Polish-Ukrainian Startup Bridge and USF 12% of surveyed companies ceased operations after the Russian invasion AND 35% of companies laid off some employees, and according to the USF, TechUkraine & Emerging Europe 2022 survey, which looks at the startup ecosystem in the country, 9 out of 10 startups confirm that they need financial support to continuation of operations and/or expansion. As the speaker noted, it is necessary to work with courageous Ukrainian technical teams, invest in talented Ukrainian startups, and be flexible and expand the product worldwide. "Ukraine will overcome all challenges and will definitely win, becoming a leading technological nation and a global technological hub," added Komarnytska from the stage. Alfred F. Praus (Vienna), a member of the Board of the International Council of Business Associations and Chambers in Ukraine, noted that the main task of foreign investors in relation to Ukraine is to overcome opposition and uncertainty regarding private capital, and on the part of the Ukrainian business community, it is important to work on security guarantees, first of all financial turn and show real working cases of such partnerships. "Currently, we have more than 250 competitive projects from Ukraine, for which foreign investors have ready proposals. However, the biggest issue in this is agreements with state bodies and regional and local self-government bodies to obtain the best cooperation framework and the ability to provide narrow specific solutions for highly specialized business investors. My message as a speaker is that Ukraine needs not only investments, but also investments and developed financing measures already now. But Ukrainians should also be ready to implement projects after the discussions," Praus noted. Anna Derevyanko, Executive Director of the European Business Association, also noted in her message that Ukrainians should be patient in entering new markets and not forget that no one abroad has special, more favorable conditions for Ukraine. At the same time, Derevyanko noted that step by step foreign exporters and investors are learning more about Ukraine and its greatest value — social creative capital, whose business works even during the war. "When communicating with foreign companies, I note their surprise that we have profitable companies even during the war, despite the drop in volumes. And I tend to believe that it is necessary to talk more about this and prepare a platform for these potential foreign investors or partners to enter Ukraine. They should hear about our state and receive quality information that will instill confidence in them, because they will be the key asset of Ukraine's recovery. Therefore, it is important for me to remember the house and the order in it, to work with the regulatory climate, to prepare the investment field as much as possible and make it high-quality and attractive, and to give the maximum green light to those companies that are already working in Ukraine. So that they feel confident comfort in the market of Ukraine and at the same time can take care of economic diplomacy abroad, when we represent our country there, it is worth it for Ukrainians to be proud of it," concluded Anna Derevyanko. Democratization of access, comprehensive access to development and education, and charity — this is exactly what Victoria Tigipko, founder and managing partner of TA Ventures, founder of WTech Global and president of IClub Global, noted in her speech, talking about diversification of earned funds and trends of the next 5-10 years. Tigipko also noted that for the powerful recovery of Ukraine, it is first of all necessary to enlist the support of the state, which is able to accelerate the formation of the green corridor and organize it so that there is no need to change the norms in accordance with each new project. "International organizations are ready to invest in Ukrainian products and production under the conditions of transparency in the use of funds and guarantee of investment rights from the state. There are prospects of a transition in the world to Ukrainian businesses and suppliers for construction, both by Ukrainian companies and foreign ones — and we should engage the examples of market leaders and not complicate things, but organize and do it already, without waiting for permits or the end of the war," added Victoria Tigipko . Mykhailo Kukhar, senior economist of Ukraine Economic Outlook and a member of the economic staff of the Government of Ukraine, notes that it is important for business to see investment figures on the monitor and understand macroeconomic forecasts and new plans and financial infusions. Every business should be aware that this is about increasing the cash flow of Ukraine and increasing the cash flow of all Ukrainian companies, and this is not just talk of politicians about enrichment, but serious calculations from serious European sources. "In the last 30 years after the war, no country was rebuilt with its own money - Iraq was rebuilt by the United States, because there was a desert there after the battles, and all of Yugoslavia was rebuilt by the European Union after the war. It also became clear about Ukraine last year, and it was clear that we actually cannot spend a single penny from our budget and at the same time we must attract funds that will allow us to rebuild Ukraine and about which we will be able to report transparently. These are huge sums, but I really hope that at least half will go to this 300 billion seized Russian funds from their Central Bank and 200 billion seized corporate Russian money. It is clear that there will be courts there and they will somehow go according to the party, but I believe that at least 1.5 million of them are already ours for all the crimes committed," noted Mykhailo Kukhar. In addition to analytical meetings, real projects designed to contribute to the post-war reconstruction of Ukraine were also presented at the forum. For example, Konstantin Pisarenko first introduced the FreedomCode project, a groundbreaking application that uses blockchain and AI to create a seamless ecosystem for social impact. In a world where one in four aid dollars does not reach its recipients, FreedomCode promises a radical solution. By bringing together donors, volunteers and non-governmental organizations, FreedomCode facilitates unprecedented collaboration and transparency, ensuring that aid reaches where it is needed most. Having successfully completed a $200K angel round, FreedomCode is now in the pre-seed stage, aiming to complete development and launch of the app in Ukraine and partner countries, including Switzerland, which demonstrated strong local support at the conference. "The main task of the forum was to shed light on the issue of receiving feedback from foreign businesses, to obtain up-to-date data on the barriers to providing positive solutions for the benefit of Ukraine, and to single out attractive industries and companies for receiving investments. That is why we do not plan to limit ourselves to this year's forum and will continue to hold it on a regular basis and will announce the dates of the next Forum in 2024 in a month," concluded Dmytro Sidenko, President of the Ukrainian-Swiss Business Association, one of the co-organizers of the Lugano Business Forum and Mykhailo Chobanyan, co-organizer of the Lugano Business Forum and president of the Blockchain Association of Ukraine.

https://pixabay.com/id/photos/euro-uang-mata-uang-eropa-1557431/ There are over 180 currencies today recognized as official legal tenders in different countries. The global foreign exchange market provides a way to exchange monetary value between other currencies, ensuring worldwide trade and economic continuity. But the value of currencies in the forex market is affected by several factors, chiefly the economic conditions of countries. And because all currencies are linked in the forex market, they invariably impact each other, with some having more impact than others. For example, if you use TradingView for forex trading, you’d notice the ever-changing prices on currency pairs. You’ll also see that some currencies tend to mirror the price direction of others, while some seem to always move in the opposite direction. This is called currency correlation in forex and is an essential point in technical analysis. What is currency correlation? Currency correlation, defined in the context of financial trading, is how the price of two currency pairs move about each other, measured over some time. Currency correlation provides data on two currency pairs’ positive, negative, or neutral relationship. Positive correlation occurs when two forex pairs move in the same direction in the same period, while negative correlation occurs when the movement is in opposite directions. Neutral correlation is more common when currency pairs’ prices move randomly without correlation. There’s also something called the correlation coefficient, which is a numerical representation of the positive (+1), negative (-1), and neutral (0) correlation. Why is forex correlation possible? Close economic ties and geographical proximity are two important factors that influence the correlation of currencies in the forex market. For instance, currency pairs with the GBP and the EUR may have a strong correlation due to the UK's and Europe's geographical proximity. The economic ties between the Eurozone and the UK (Britain only recently exited the EU) also make it possible for the EUR and GBP pairs to correlate. Another example is the positive correlation between GBP/USD and EUR/USD. Both pairs typically move in the same direction always. On the other hand, the USD/JPY and EUR/USD pairs are negatively correlated, so they move in opposite directions. Since the exchange rates of currencies constantly change, the factors affecting the economy and the exchange rate also impact correlated currencies. Studying the European Union's economic perspective is crucial to trading currency correlations in forex. The Eurozone: economy and monetary policies Europe is one of the biggest economies, having 27 member states and a combined GDP of over $11 trillion. As one of the major economic powers, the EU oversees the Euro (EUR) through monetary policies and regulations by the European Central Bank (ECB), cooperating with its member nations. The EU also has close economic and political ties with countries like Britain, the US, and Canada. International trade with other countries is a significant economic activity in the EU. Experts forecast key economic growth in 2023 for the EU. https://pixabay.com/id/photos/top-down-dengung-impor-ekspor-4405895/ The EU monetary policy aims to keep the inflation rate at a healthy 2% inflation rate and keep the economy excellent for a strong EUR exchange rate. The EUR remains the second most-traded currency in the forex market, with an average daily trading volume reaching 40% of the total forex market volume. Thus, all currency pairs with EUR are essential and are impacted by its exchange rate. Currency correlations: perspective of the Euro The EUR, USD, and GBP are closely related, and their pairs are highly correlated. For example, the EUR/USD has an average daily trading volume of over $560 billion. At a 0.7 correlation coefficient with the USD, EUR pairs typically go in the opposite direction with USD pairs. If inflation affects the exchange rate of the EUR, traders will find that the USD pairs also change, taking a different direction from the former. The GBP also correlates at 0.6 with the EUR. With an average daily trading volume of over $60 billion, the EUR/GBP pair holds a fair percentage of the forex market. That’s why significant changes in exchange rates impact the GBP pairs. So, for example, the GBP/USD pair goes up when the EUR/GBP pair goes down. This is perhaps best seen in the EUR’s recent surge and the USD’s plunge following the ECB’s monetary policy announcement. The impact of current events, such as the energy crisis towards the end of 2022, the situation in Ukraine, and inflation, also affected the EUR and USD exchange rates. Trading currency correlations Studying currency correlations in technical analysis helps traders understand the market and increases their accuracy in predicting prices. Here’s how to trade correlating currency pairs: Choose the pairs you prefer: It is best to focus on one or two currency pairs at a time so that you can analyze their price charts. Check the correlation coefficient for each pair to determine your exposure. Plan your entry and exit points. Calculate the lot size and expected profits. Use indicators, SL, and TP to maximize your trade. Remember to use proper management techniques. Trading forex correlations give traders an advantage in making analysis easier. When trading the EUR and correlated pairs, you must check the movement of other currencies, such as the USD, JPY, and GBP, as these currencies also correlate with the EUR and affect its exchange rate. Ensure your trading plan accommodates sudden changes, as news of events often impacts the market. You should also look out for the trading volume. The EUR pairs often see more activity when the London (European) trading session opens (London Open – 8:00 AM local time, 2:00 AM EST, and 7:00 AM UTC. But overlapping sessions such as the New York Session may also impact the EUR due to an increased USD trading volume. Start trading today and leverage the EUR correlation to analyze the market.

Demand in Warsaw is declining, but remains at a good level in the regions. The low activity of developers and the lack of new offices are starting to bother tenants looking for space in the capital There is less and less available office space in the center of Warsaw. The vacancy rate at the end of Q1 2023 dropped to around 10 per cent in the central business area of the city, which generated a slight increase in rental rates in prime locations. In the first three months of the year, demand remained relatively stable in Warsaw. Nearly 160 thousand sq m. of offices have been leased by tenants, less than in the previous quarter and 40 per cent less than in the corresponding period last year. The largest amount of space was contracted in the central business zone, which has been the most popular for a long time. Companies focus on the best spaces. The lease volume in the first months of the year was dominated by new contracts, including pre-let contracts. As a result of the shrinking of the available space in the central area of the agglomeration, as predicted by Walter Herz, we will probably see an increase in the share of renegotiations in lease transactions in the upcoming months. New investments in Warsaw only scheduled - Warsaw is characterized by a deepening decline in developers’ activity, which we can observe for the fourth year in a row. This is due to economic and geopolitical conditions, as well as high costs of construction and loan servicing. However, in recent weeks, two new projects have been launched on the Warsaw market. There are now 274 thousand sq m. of space under construction, three times less than during the boom before 2020. The Bridge, Lixa, Vibe or Skyliner II remain under construction. By the end of the year, there is a chance to complete the construction of only over 70 thousand sq m. of offices - says Mateusz Strzelecki_Partner and Head of Tenant Representation at Walter Herz. – A similar amount of office space – 68 thousand sq m. in, among others, Kreo and Mogilska 35 projects, remains at the finish line of implementation in Cracow, the largest regional market in the country – says Mateusz Strzelecki. At the same time, developers in Warsaw are turning to the modernization of older buildings and replacing them with contemporary buildings such as Upper One, which will stand in the place of the demolished Atrium. - The growing number of permits obtained and applications submitted last year indicates that investors want to secure the possibility of starting new construction projects, primarily in the center of Warsaw - says Mateusz Strzelecki. - This year, companies are more cautious about their leasing decisions. Fewer large spaces are contracted. Tenants are starting to optimize the cost of maintaining offices, which are becoming more expensive. The market is experiencing a sharp increase in operating costs, which in the case of some properties can be up to 60 per cent higher – says Mateusz Strzelecki. Regions sustained level of demand A total of 175 thousand sq m. was leased in the eight largest regional markets in Poland in the first quarter of this year. It is a similar amount as in the previous quarter and a several per cent better result compared to the same period a year earlier. In contrast to Warsaw, the share of contract renegotiations has increased in the regions, and the number of pre-let contracts in transactions has decreased, despite the fact that there are many offices available in buildings completed in recent years. In recent months, the vacancy rate in the largest regional markets has slightly increased and averages around 16 per cent. The largest number of vacant offices is in Lodz - over 20 per cent. The increasing amount of available space means that the pressure for rent increases is not as noticeable in the regions as it is in Warsaw. – Nevertheless, a slight increase in rental rates was recorded this year in Cracow, where in the first quarter of the year, about 10 per cent more space was leased than in the same period in 2022. This market was dominated by new lease agreements – says Mateusz Strzelecki. In the first quarter of 2023, less than 70 thousand sq m. of news space was completed in regional centers. The most, over 4 thousand sq m. of new offices emerged in Cracow market. Centrum PoÅ‚udnie 3 was completed in Wroclaw, Officer - in the Tri-City, and in Cracow - Ocean Office Park B and Fabryczna Office Park B5. Meanwhile, no new buildings were commissioned in Warsaw at that time. There is less space under construction in the regions. Projects with a total of approximately 530 thousand sq m. are under implementation. The largest number of office meters is still under construction in Wroclaw - approx. 150 thousand sq m. and Katowice - approx. 130 thousand sq m. About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors. Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Tri-City. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. The agency introduced the Code of Good Practice to ensure the highest ethical level of services.

Sponsored Recent SEC news has come to light as US regulators’ attempted crypto crackdown has been halted by New York courts. Binance’s acquisition of Voyager may go ahead, which spells good news for the rest of the crypto market. AltSignals (ASI) has been making great strides during this time after recently announcing that it will launch its new token during a crypto presale event. What could the recent SEC news mean for the future of ASI? SEC news: Binance’s Voyager takeover has been approved, while the AltSignals presale takes off Binance has been given the green light from US regulators regarding the company’s proposed acquisition of assets from the bankrupt crypto custodian, Voyager. The proposal had previously been blocked, as reported by SEC news in the past. The Securities and Exchange Commission (SEC) stated concerns over Binance’s reported takeover of Voyager. The SEC news said Binance’s regulatory compliance is under question and that acquiring Voyager, a company valued at $1.5 billion, may have negative implications for US financial markets. The recent SEC news – that a New York Judge has ruled in favor of the Binance takeover – has caused a surge in the cryptocurrency markets. AltSignals, an AI-based crypto trading platform, has kickstarted its token presale and has attracted $585k worth of investment in a short space of time. AltSignals helps its community of traders to navigate volatility in the crypto markets by sharing accurate trading signals. The project continues to gain traction in light of the recent SEC news regarding Binance and Voyager and looks set to continue its blockchain development after 5 proven years of success. What is AltSignals? AltSignals has been sharing profitable trading signals with over 50,000 individual traders since it launched in 2017. The platform’s proprietary trading tool, AltAlgo™, has consistently shared signals with an accuracy rate of over 70% and has helped traders who matched its Binance Futures calls to 10x their portfolio in 19 separate months. The project is now expanding its blockchain offering and is releasing its native token, ASI, during a long-awaited crypto presale event. The ASI token will supercharge the trading services available on the platform, which will be expanded to include a newly-developed trading stack called ActualizeAI. ActualizeAI is powered by artificial intelligence. It combines algorithmic trading indicators with natural language processing (NLP) and machine learning capabilities to deliver trading signals with an unmatched accuracy rate. It is expected to revolutionize the way that people trade online, helping traders of all skill levels to maximize investment returns in the crypto markets. How does ASI work? The plan is that The ASI token will be used to gain access to ActualizeAI. The token can also be used for staking on the AltSignals platform and to vote in governance proposals for new project developments. ASI will also provide access to the AI Members Club, where users can take advantage of a range of additional services offered by AltSignals. Through AI Members Club, investors can access exclusive presale and private sale opportunities for budding crypto projects – which can often be highly profitable investments. AI Members Club will also host trading tournaments with major crypto prize pools up for grabs. Traders can test out their skills against other traders online, competing to make the highest percentage returns over a specified timeframe. ASI token holders will also be able to test out new trading tools before they are released by AltSignals, which can help give traders an edge while navigating the crypto markets. Traders will earn ASI tokens in return for testing these tools and providing feedback to the developers. Can ASI reach $0.40 in 2023? The ASI token presale is currently available for $0.015 during stage 1 of the presale. The price will rise to $0.02274 by the end of the event, giving investors a limited time only to buy ASI at the current price level. The token has extensive utility within the AltSignals ecosystem, which has a unique offering within the world of Web3. Experts are forecasting significant returns for investors who participate in the AltSignals presale. By the end of 2023, the ASI token could be worth more than $0.40 – almost 20x higher than the end of the crypto presale. Are AI-based protocols the next big thing in crypto? Artificial intelligence trading tools could revolutionize the trading process, providing an improved level of accuracy while analyzing vast amounts of market data. ActualizeAI will be built to handle large datasets in milliseconds, which boosts the quality of market analysis to superhuman levels. AI-based crypto protocols are becoming increasingly popular in Web3. Recent surges from Fetch.ai (FET) and The Graph (GRT) result from two rapidly-evolving technologies being combined, both blockchain and AI. AltSignals could be the latest AI-based crypto project to take off. The project’s early momentum during the crypto presale seems to be a mark of intent, as the platform’s existing community and proven track record for success have served the new developments well. Is ASI a good investment? In light of recent SEC news regarding Binance and Voyager, AltSignals seems like a substantial investment opportunity. It looks as though US regulators are warming to the crypto markets, despite taking a strong stance against non-compliant projects. The AltSignals crypto presale looks likely to make a significant investment return over time, which makes it a worthy addition to any investment portfolio. Investors can purchase ASI at the current price of $0.015 before it eventually rises to $0.02274 ahead of the IDO. You can participate in the ASI crypto presale here.

iFX EXPO, the world’s largest B2B expo for the financial sector, is back by popular demand. Following the success of last year’s event, iFX EXPO is returning to Bangkok for the second edition of the largest financial B2B expo in the world. Anticipation is building, as Thailand gears up to welcome thought leaders and industry influencers from across the online trading, financial services, and fintech sectors. iFX EXPO Asia 2023 is taking place from June 20 to 22, 2023 at Centara Grand & Bangkok Convention Centre at CentralWorld, a five-star complex situated in the heart of the Thai capital’s business district. This year’s event is set to be bigger and better than ever before, featuring 20% more exhibitors than at the hugely successful 2022 expo. The demand for the show is record-high, with 90% of booths already sold for the event, which is being organised by Ultimate Fintech, a company with a proven track record of planning world-leading expos, organising more than 20 successful expos over the past decade. What to Expect iFX EXPO Asia is a multi-day networking event, featuring unrivalled opportunities to connect with C-level executives from the most prominent international companies, with insightful talks from leading industry experts. The event is expected to bring together a diverse range of stakeholders, including technology and service providers, digital assets, blockchain, retail and institutional brokers, payment providers, banks and liquidity providers, affiliates and IBs, as well as regulators and compliance officers. Such a varied demographic of exhibitors and attendees offers up the perfect opportunity for collaboration, networking, and fruitful discussion. Who is Participating? Some of the biggest companies have already confirmed their participation, with various financial firms on board as Exhibitors and Sponsors. Heading the list of sponsors this year is leading financial technology firm OpixTech, which has been announced as the Elite Sponsor of the expo, while UEZ Markets will be the Regional Sponsor. Meanwhile, ZuluTrade and Equiti Capital are confirmed as Diamond Sponsors, with more companies joining the growing list of official sponsors of the event. Among the prominent companies signed up as Exhibitors are MetaQuotes, Solitics, Trading Central, cTrader, Pepperstone, STICPAY – with hundreds more also having reserved their spot. On the Agenda The expo gets underway with a Welcome Party, giving attendees the chance to meet before the exhibition begins the next day. The expo days serve as an excellent space for brands to showcase their innovative solutions, key insights, and predictions for the finance sector. Moreover, the event organisers have arranged a special Night Party, which presents an exciting and informal networking opportunity, whilst signing off the expo in style. During the event, attendees can enjoy access to insightful talks at the Speaker Hall and Idea Hub by top industry speakers, and benefit from a host of meeting spots to mingle with like-minded professionals. There will also be a number of hot topics discussed through panel discussions with the experts from Revolut, Exness and Alibaba, alongside talks from industry pioneers, with notable speakers including: Sagar Desai: Senior Associate for Institutional Sales, Trading, and Prime at Coinbase Abhinav Singh Suryavanshi: Head of Engineering APAC at Revolut Tamas Szabo: CEO at Pepperstone Sandeep Raj: SVP, Growth at Alibaba John Murillo: Chief Dealing Officer at B2Broker Tanapat Kamsaiin: Country Business Development Manager at Exness Iskandar Najjar: CEO at Equiti Capital Benjamin Chang: CEO at Swissquote Asia And many more! Check out the full list of talks, including the Speaker Hall and Idea Hub schedules, here. How to Take Part Booths and sponsorship slots are filling up fast, with 90% of the expo floor already sold out. Brands that wish to maximise their exposure at the event should email the Ultimate Fintech sales team as soon as possible. If you are interested in attending, you can register via the event website now. There are only a few sponsorships left, such as the Welcome Party package. Sponsorships give brands the chance to make a memorable impression on attendees, with each package offering guaranteed visibility for the sponsor brand, both online and at the venue itself – from the expo’s social media and website to branding at key spots at the exhibition. To enquire about Sponsorships and Exhibiting, please reach out to sales@ifxexpo.com. Claim your Free Pass! There is still time to secure a place at the expo! Registration is open and attendees can register and get their free pass, which includes: Access to the expo hall iFX EXPO Networking App accessibility Entry to the Speaker Hall and Idea Hub Admission to Sponsored F&B Areas Entry to the Business Lounges Access to the iFX EXPO Parties Register now and get your free pass! Will you be attending in Bangkok? Don’t delay! Secure your accommodation now and take advantage of a special rate, exclusively available to iFX EXPO delegates. To find out more, click here.

The agency aims to increase its B2B fintech offering FXBlue is a leading provider of cutting-edge financial trading technology This offering is targeted for the brokerage, banking, liquidity, and crypto exchange industries Financial Markets.media, the 360º digital marketing and media agency for financial institutions, is pleased to announce its new partnership with FXBlue, a leading provider of cutting-edge technology solutions specialized in data integration, client onboarding automations and customizable trading platforms for the brokerage, banking, liquidity, and crypto exchange industries. For FXStreet's spin-off business, the aim of this new alliance is to increase its B2B fintech offering through new potential alliances that allow financial businesses access to best-in-class trading tools and platforms, among other other technology solutions.   Through this new partnership, FinancialMarkets.media will offer Metatrader integration for brokers’ CRM, website, and back office, as well as Automated client onboarding, deposits, and withdrawals. The company will also provide customized client reports for risk management – allowing clients to better monitor their portfolio and mitigate potential risks.   In addition to these advanced features, one of the key offerings of this partnership is the state-of-the-art custom trading platform – "Figaro". Fully integrated with the broker's Metatrader platform, this platform will enable clients to create their trading panels with social sharing options, providing a personalized trading experience. Furthermore, FXBlue Labs offers a wide range of trading apps and indicators including sentiment data that can be fully integrated with MT4/5 platforms to increase trader attention, commitment to trading and engagement or traders which are used by the brokers since 2010. To know more about FXBlue products contact the FinancialMarkets.media team at contact@financialmarkets.media

Sponsored In today's interconnected world, the financial services sector is increasingly reliant on technology to facilitate transactions, manage assets, and deliver services to customers. As a result, financial institutions face an ever-growing cyber risk, making cybersecurity for financial services a top priority. This article explores the unique challenges of securing financial systems and how financial services firms can protect themselves and their customers from cyber threats. Financial institutions, like banks, investment firms, and insurance companies, face unique cybersecurity challenges due to the sensitive nature of financial data. The financial system is complex, with multiple layers of interconnected networks, hardware, and software applications. This complexity, combined with the fact that financial services companies manage vast amounts of valuable financial data, makes them prime targets for cybercriminals. One of the most significant challenges faced by the financial sector is the rapid evolution of cyber threats. Cybercriminals are constantly developing new techniques and tactics to exploit vulnerabilities in the financial system. To keep pace with these evolving threats, financial institutions must invest in robust cybersecurity measures to protect their systems and customer data. Cybersecurity for financial services begins with implementing strong security policies and procedures. Financial services companies must establish a comprehensive security framework that encompasses all aspects of their operations. This includes: risk management incident response disaster recovery plans By adopting a proactive approach to cybersecurity, financial institutions can significantly reduce their cyber risk. Another crucial element of cybersecurity for financial services is the adoption of multi-factor authentication and strong encryption techniques. These measures help protect sensitive financial data by ensuring that only authorized individuals can access it. Financial services firms should also regularly assess their security posture through audits, penetration testing, and vulnerability assessments. This enables them to identify potential weaknesses in their financial systems and take corrective action before cybercriminals can exploit them. The financial sector is heavily regulated, and financial institutions must comply with various cybersecurity requirements to maintain their operating licenses. Compliance with these regulations is essential for reducing cyber risk and protecting customer data. Financial services companies should work closely with regulatory authorities to ensure that their cybersecurity measures are up-to-date and effective. As digital banking and remote work become increasingly popular, financial institutions must adapt their cybersecurity measures to protect their customers and employees. This includes securing remote access to financial systems, deploying advanced threat detection and monitoring tools, and regularly updating software and hardware to address new security vulnerabilities. IT support for financial services plays a crucial role in enhancing cybersecurity for financial services. By offering customized security solutions tailored to the unique needs of financial institutions, IT service providers can help protect the financial sector from cyber threats. Read next: Lagging S&P 500: Traders could have been using tech stocks as a hedge or risk offset to shield risk from the banking issues| FXMAG.COM Managed security services are particularly beneficial for financial services companies, as they provide ongoing monitoring, threat detection, and incident response capabilities. This allows financial institutions to focus on their core business while ensuring that their financial systems are protected. In addition to securing their own systems, financial institutions must also take steps to protect their customers from cyber threats. This includes educating customers about safe online banking practices, such as creating strong passwords, regularly updating software, and avoiding phishing scams. Financial institutions should also enhance customer identity verification and authentication processes to prevent unauthorized access to customer accounts. By providing timely alerts and notifications for suspicious activities, financial institutions can work with their customers to resolve security issues quickly and effectively. In conclusion, the role of cybersecurity in protecting financial institutions and their customers cannot be overstated. As cyber threats continue to evolve and the financial services sector becomes increasingly reliant on technology, it is essential for financial institutions to invest in robust cybersecurity measures. By partnering with IT service providers and taking a proactive approach to security, financial services firms can significantly reduce their cyber risk

Crypto 306 is set to organize its annual event to bring the global crypto community under one roof. This year, the event will be held on the 8 & 9th of May at The Ritz-Carlton Hotel, Dubai, and will focus on increasing awareness about crypto projects by bringing together traditional & corporate companies to meet with crypto project founders and leading Web3 companies executives to shed light on the emerging crypto world. Through its events which are organized annually in three different countries, Crypto 306 strives to share ideas and values that will determine the future of cryptocurrencies. The Crypto 306's crypto exhibition in 2022 was a huge hit, the event witnessed record-breaking attendees from all over the world. Capitalizing on last year's event success, the spectrum of knowledge sharing will be wider this year with additional speakers and blue-chip sponsors. This crypto event will welcome 7000+ attendees, 50+ speakers, and will be backed by 60+ big community project sponsors including Babydoge, Raca, and Lovely Inu Finance. KuCoin Community Chain is also participating in this year's exhibition of the crypto event to spread awareness about its company's functionality and attract more users. Diamond sponsors like Gotbit, CLS, and top media companies have partnered with Crypto 306 to execute a successful event. The event will host leaders/speakers from different countries sharing their hard-earned knowledge and professional experience in the crypto field. This will provide a great opportunity to enhance one's understanding of cryptocurrencies and how the market works. Some of the event highlights will be "company formation in Dubai, the importance of market making, and what is an L2 infrastructure", etc. Notable Speakers Alex Andryunin, CEO, of Gotbit Hedge Fund Mahmoud Farouk, CEO, TinyTrader Emre Dumraz, CEO, Solverse Digital Bharat P. Ramnani, CEO, Startbiz Global Andrey Akulenko, Head of Sales, Azbit Nitesh Mishra, Co-founder, ChaiDex Sergo, BD, CLS Rudy Shoushany, CEO, DXTalks Owais Sultan, Security Researcher Inspector, Lovely Swap Tatiana Burmakina, Regional Manager, Lovely Swap About Crypto 306 Crypto 306 is an event company that organizes crypto-related events. The motive behind hosting crypto events is to provide educational content and networking opportunities to investors, developers, and crypto enthusiasts. Crypto 306 aims to bring the global crypto market to one platform by collaborating with top crypto field personnel and world media to help enrich the understanding of this volatile market, discover new & innovative ideas, and explore new opportunities. For more details Email: Inquiry@crypto306.com or visit, Address Office 704-C, Aspin Commercial Tower, Sheikh Zayed Road, Dubai

Conditions for the development of the Private Rented Sector (PRS) The prolonging conflict in Ukraine (the refugee wave) and the significantly reduced credit scores increase the demand for renting apartments and thus, affect the development of the PRS market in Poland. The institutional rental sector will also grow due to the changing perception of homeownership by young people, who value mobility and do not necessarily need to own a home. According to Eurostat data from 2021, about 30 per cent of the population in the European Union live in rented apartments, while in Poland this number amounts to only about 13 per cent. Among the factors creating a good background for the development of the PRS sector, Avison Young also mentions the supply gap in Poland. About 35 percent people live in the overcrowded apartments, while in the EU this figure is estimated at 17% (Eurostat 2021). It is confirmed by investors' statements that PRS sector is to develop in Poland. Projects with 20-25 thousand apartments for rent are to be delivered. Avison Young advisers add that due to the early stage of development of this sector, Polish market is attractive to both domestic and foreign investors, who can obtain higher rates of return on investment in Poland than on Western European markets. Warsaw vs. regional cities According to the latest Avison Young report, at the end of 2022, there were over 9.4 thousand units in the pool of apartments for institutional rent in Poland, and another 13 thousand flats were under construction. About 75 per cent of PRS projects currently under construction belong to four investment funds, that is Heimstaden Bostad, Echo Investment / Griffin Real Estate (Resi4Rent), TAG Immobilien (Vantage Rent) and Cavatina Holding (Resi Capital). Interestingly, according to investors' statements, smaller regional cities, such as Szczecin and Zielona Gora, will soon appear on the PRS map. About 40 percent of all existing PRS premises are located in Warsaw. There are over 4,000 more apartments in this formula under construction on the Warsaw market. Warsaw is the largest PRS construction site in Poland, while regional cities are responsible for the largest number of new PRS projects - the number of apartments under construction in regional cities already exceeds their existing stock. This shows how much demand and interest in this sector exists also in the regional cities, not only in the capital. On the other hand, the leader in terms of the share of PRS premises in the existing housing stock of the city is Wroclaw with the result of 4.2‰; followed by Warsaw (3.6‰) and Cracow (3.6‰). It is clear, however, that these are still marginal shares, well below 1%. For comparison, in Berlin, the share of PRS in the total housing stock is 30%. If we look at the numbers, there were almost 3,800 apartments for institutional rent in Warsaw at the turn of the year, around 1,550 in Cracow and Wroclaw, around 1,100 in the Tri-City, over 700 in Poznan, and 550 in Lodz. Wroclaw right behind the capital Wroclaw is currently the second largest market after the capital, in terms of PRS housing stock – both existing and scheduled combined - in Poland. At the end of 2022, the number of apartments offered on the Wroclaw market in the PRS formula exceeded 1,500, and another 3,100 were under construction. Wroclaw has 16 per cent share in the functioning national stock of flats for rent. Since 2020, the number of PRS premises commissioned in the city has doubled. The offer of apartments for institutional rent in Wroclaw is concentrated mainly in the city center. Currently, it is also slowly expanding towards the north-west, that is the vicinity of Popowice, Nadodrze and Legnicka Street, where many residential estates with apartments for rent are being built, due to its attractive location. Avison Young draws attention to an interesting enclave of apartments for rent, which was created in Wojszyce, in the south of Wroclaw - the dynamic development of this area attracts not only individual, but also institutional investors. Vantage Rent delivered 150 PRS units in 2021, and later Life Spot brought another 244 units to the market. The leading PRS operator in Wroclaw is Resi4Rent with 37 per cent share in this market, also responsible for more than 40 per cent apartments under construction. An active investor in this location is also TAG Immobilien (Vantage Rent), which owns over 30 per cent of Wroclaw PRS market under construction. Heimstaden Bostad also has expansion plans in WrocÅ‚aw. The company bought a portfolio from Budimex in 2021, including a part in Wroclaw. Vantage Rent project is a good example of how great the interest in PRS apartments in Wroclaw really is. All apartments in the investment were rented in a few months from the launch of the offer on the market in mid-2021. The resources of Fundusz Mieszkan na Wynajem fund were distributed just as quickly, with no more available premises. While, about 10 apartments out of the 570 units offered by Resi4Rent were available at the end of 2022. Also at the end of 2022, the average rental rate for a one-room apartment in the Resi4Rent project at Zakladowa Street in Wroclaw was gross PLN 2,400, and PLN 2,900 at Mieszczanska Street. In the case of two-room apartments, rents ranged from PLN 3,400 to PLN 3,900, and for three-room apartments they ranged between PLN 4,600 and PLN 4,900. However, these rates are also rising, driven by inflation and rising operating costs. The analysis of Avison Young's market data shows that institutional apartments in Wroclaw are characterized by approx. 5% lower prices per square meter compared to the offers of private owners, which, on the other had, are larger on average. It should be mentioned that PRS units, unlike private apartments, offer additional services, such as 24-hour security, amenities in the common areas, professional management and operator’s support. Author: Paulina Brzeszkiewicz-KuczyÅ„ska, Research and Data Manager Avison Young Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. Headquartered in Toronto, Canada, Avison Young is a collaborative firm owned and operated by its principals. In the Central Eastern Europe and South Eastern Europe the firm is operating in Bulgaria, Czech Republic, Hungary, Poland, Slovakia and Romania, offering a broad range of consultancy services. In the Polish commercial real estate market, Avison Young is providing professional consultancy services such as office agency, investment advisory, valuation consultancy, technical advisory and project management.

In March, one of the most important events on the real estate market - MIPIM - took place in Cannes. Every year, participants meet in France for several days to conduct talks, negotiations, study the mood on the market and participate in thematic conferences. Representatives of Avison Young could not miss the MIPIM. Their conclusions after numerous meetings and talks are presented below.   Poland on the radar The mood among investors was mixed: we all expected that the beginning of this year would not be rich in transactions and new projects, and it is true - we are seeing an investment slowdown across Europe. However, in this time of uncertainty, we can say that Poland is enjoying and will continue to enjoy the interest of investors - it is one of the most active markets, across all segments, offering higher rates of return than Western Europe. We have an influx of new capital from the Baltic countries and Scandinavia. Also, the already present capital is still active, such as investors from Central and Eastern Europe, as well as a few from Western Europe. Office sector In the uncertain market conditions of 2022, many investors in the office sector turned to stable assets. Almost 90% of the EUR 2.1 billion invested in the sector in 2022 fell on core or core+ properties, which are in line with low-risk strategy. Despite that, in the second half of 2022 there was a sharp turn and a noticeable increase in value-add and opportunistic transactions. We expect many investors to continue to oscillate around value-add and opportunistic assets in 2023. We are already seeing a lot of interest in many such buildings, in both Warsaw and major regional cities. Unfortunately, there will be less interest in core assets, as there has not yet been a noticeable lowering of expectations regarding price levels, and rising funding costs are not helping to achieve the expected returns. However, it is only a matter of time before the towers in the center of Warsaw are traded again. Warehouse sector The investment volume in Poland in January and February was not spectacular, amounting to approx. EUR 260 million. Warehouses dominated in this period in terms of the number of transactions. 2021 was a record year for the sector in terms of the volume of transactions, but last year was characterized by a certain weakening of the transaction volume. We expect the amount and volume of transactions to be even lower this year, unless sellers accept price reductions, so that buyers can achieve the expected returns. Read next: Softer Federal Reserve could play in favour of S&P 500 index| FXMAG.COM Retail sector Retail parks are one of the most sought after investment products at the moment. This segment broke a record last year, accounting for 65% of the total number of transactions in the retail sector. We believe that retail parks will continue to be an important element of the sector and investors will continue to buy these assets. Whereas when it comes to the shopping center sector, the main focus will be on cheap assets in good locations with a possibility to obtain financing from an existing lender. PRS sector It is currently the second hottest market segment, which closed the year 2022 with a record volume of finalized transactions of 150 million. It should be noted that the PRS sector in Poland is still in its initial stages, as the share of PRS premises in the existing housing stock in the cities is still marginal - well below 1%. For comparison, in Berlin their share amounts to 30%. Although some development projects in this sector have been temporarily suspended, we expect its further development and new players on the market. An increasing number of active developers are converting part of their housing portfolio into PRS, which is related to the slowdown in individual sales and the lack of availability of mortgage loans. It also seems natural that new investors may appear in the sector, as well as new projects or platforms. In the upcoming months, we can expect difficult discussions between buyers and sellers, which will concern the downward pressure on prices. Funding will also be a key issue. At present, banks are very selective in granting financing, preferring cooperation with entities that already have a strong reputation on the market. We expect, however, that Polish commercial real estate market, despite the smaller number of transactions, will continue to be one of the most liquid markets in Central and Eastern Europe. Comment by: Marcin Purgal, Senior Director, Investment at Avison Young Avison Young Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. Headquartered in Toronto, Canada, Avison Young is a collaborative firm owned and operated by its principals. In the Central Eastern Europe and South Eastern Europe the firm is operating in Bulgaria, Czech Republic, Hungary, Poland, Slovakia and Romania, offering a broad range of consultancy services. In the Polish commercial real estate market, Avison Young is providing professional consultancy services such as office agency, investment advisory, valuation consultancy, technical advisory and project management.

According to Savills latest research, pricing levels are increasingly attracting North American investors to European real estate. In 2022, North Americans invested more than Europeans cross border, €48bn compared to €36.6bn, which is 31% above the five-year average for the former. The international real estate advisor anticipates that North American investors will again be the largest investor group in European real estate by the end of the year. Looking to Asia, given the typical flexibility of Singaporean investors, Savills expects continued deployment across various sectors and geographies in Europe during the course of 2023. Singapore is increasingly viewed as the hub for economic activity in the region and as such acts as a funnel for outbound capital flows from other Asia Pacific jurisdictions. James Burke, Director, European Capital Markets & Global Cross Border Investment at Savills, says: “We foresee a diverse range of cross border investors being attracted to European real estate during the course of 2023. Much of this will be opportunity-led, with investors engaging on processes where there is a discernible pricing adjustment.” Read next: Is the end of NFT flipping and speculation near? LiveArt announces an NFT membership card| FXMAG.COM “Investors with less appetite for risk should focus on strategies targeting income-driven assets in the most appealing locations and sectors in Europe. These should be chosen based on long-term trends, thereby offering greater stability and resilience to market fluctuations.” Lydia Brissy, Director, European Research at Savills, comments: “All in all, we expect investment activity to remain subdued in Europe until the second half of the year when the economy will slowly start to pick up. We anticipate total European real estate investment volumes for 2023 to range between €230bn and €240bn, a decrease of 17%-20% yoy.” Tomasz Buras, CEO Savills Poland, says: “In Poland, the rental growth compensates for some softening of yields, providing a safety buffer for capital values. A significant slowdown in the construction sector brought construction costs back to the levels recorded at the turn of 2021 and 2022. In 2023, we will certainly be dealing with a continuation of last year's trend, which results from the financing costs, translating into mismatch of pricing expectations of sellers and buyers. As economic indicators normalise, we can expect a return to trading activity. Meanwhile, the market will focus on selective investing protecting capital against inflation and opportunistic acquisitions.”

The emerging PRS (Private Rented Sector) market is starting to develop in Poland Institutional rental comes from Western Europe and is firmly established, among others, in Germany, Switzerland and the Netherlands. For several years, interest in the PRS market from both investors and tenants, has been steadily growing in Poland. The sector has been developing since 2014, when the state-owned Fundusz Mieszkan na Wynajem fund purchased the first apartment building in Poznan for institutional rental. Since then, more and more newcomers have appeared in this market segment. Avison Young points out that its clear development only took place after 2019, when new players began to appear on the market. At the end of 2022, we had approx. 9,400 existing premises on the market and another 13,000 under construction. Current market conditions mean that even larger development opportunities are opening up for the PRS sector. High inflation and interest rates, poor access to mortgage loans increase the demand for apartments for rent. A record result in 2022 and an increase in the share of the secondary market The year 2022 closed for the PRS sector with a record high transaction volume. Avison Young experts emphasize that EUR 150 million is the best result achieved in this segment in the history of the young Polish market. Five out of seven transactions concluded in the sector last year, were located in Warsaw. PRS sector in Poland, due to its initial stage of development, is dominated by transactions on the primary market, where buildings are purchased directly from developers. Avison Young points out, however, that last year such a high volume was also built thanks to the exceptionally large share of secondary market transactions - the sale of Catella portfolio, which left Poland. The portfolio included residential premises in ZÅ‚ota 44 in Warsaw and Pereca 11 in Warsaw and Trio in Cracow. Read next: The payrolls bump was mostly witnessed in leisure, hospitality, retail trading, government and health care| FXMAG.COM Other transactions finalized in 2022 include the sale of 138 apartments in Studio Plac Dominikanski in Wroclaw, the purchase of 136 apartments in Unique Tower in Warsaw, the purchase of 116 apartments in Wola Nowa project in Warsaw, and the sale of 55 apartments in Metro Polczynska complex in Warsaw. Avison Young emphasizes however, that it should be noted that many forward funding projects were implemented simultaneously. Real market dynamics The PRS investment market is characterized by various types of acquisitions, depending on the status of the project. Most agreements signed in 2021-2022 in Poland, included forward financing, when the parties conclude a purchase and sale agreement at the beginning of the construction process. The investor provides financing for the individual stages of the project, most often in the form of advance payments towards the purchase price. Avison Young emphasizes that forward funding transactions, finalized over a period of about 2 years, reflect the actual market dynamics and investors' appetite for the PRS product. In 2021-2022, approximately 6,000 PRS units in 15 investments, the total volume of which amounted to approximately EUR 700 million were the subject of forward financing deals. The most active investor and the undisputed leader in forward funding projects in this period was Heimstaden Bostad, responsible for over 60 per cent of the transacted volume. As a consequence, the entity is also the most dynamically developing PRS operator in Poland. Major market players Investment funds usually buy entire buildings and even residential complexes, which they then allocate for institutional rental. Along with the development of the PRS sector in Poland, Avison Young also observes changes in the cooperation model. Projects implemented in the build to rent formula, where residential properties are built from scratch for rent, are very popular. This formula makes it possible to standardize subsequent rental rates. Avison Young points out that investors active from the very beginning on the PRS market in Poland are now giving way to newcomers. The undisputed leader in terms of the number of PRS units at the construction stage is Swedish Heimstaden Bostad, which has 27 per cent share in total resources under construction. It is followed by the operator Resi4Rent, Vantage Rent and Resi Capital. After launching all new projects which are currently under construction, Resi4Rent will maintain its dominant position in the sector, becoming the owner of 24 per cent of resources. Heimstaden Bostad, the most dynamically developing operator, will occupy the second position with 17 per cent market share. As far as the origin of capital is concerned, the structure of the Polish PRS market is dominated by investors from Israel, Germany and the Netherlands. Their transactions accounted for a total of 75 per cent of total transaction volume since 2014. Further development of the sector According to Avison Young report, over the last nine years the total volume of closed deals in the PRS sector in Poland exceeded EUR 325 million. In terms of demand, PRS market is currently developing very dynamically, which is paradoxically favored by the geopolitical and macroeconomic situation: the war in Ukraine generates an influx of potential tenants, high interest rates make it difficult for potential buyers to obtain a loan to buy their own apartment. On the other hand, some investors are suspending or renegotiating new projects due to rising construction costs resulting from rising energy and raw material prices, destabilizing supply chains and increasing financing costs. However, looking at investment activities on the PRS market from the perspective of the end of 2022, Avison Young expects further development of investments in this sector. Assuming that the costs and financing strategies adopted by the banks will not stand in the way. Residential properties and commercial convenience projects, catering to the basic needs, are considered the safest in times of widespread market uncertainty. Avison Young adds that the PRS sector of apartments for rent will develop not only due to inflation or high mortgage rates, but also due to the changing perception of homeownership. Across Europe, the number of people renting flats rather than owning has been growing for many years. The rental trend is starting to gain momentum thanks to the greater mobility of Poles and more frequent changes, which to some extent have also been enabled by the pandemic. This is because renting does not oblige individuals to be permanently bound to their place of residence, but gives them the possibility of flexible changes, such as moving to another city for work. Author: Paulina Brzeszkiewicz-KuczyÅ„ska, Research and Data Manager Avison Young Avison Young is an international real estate consulting company, created to generate real economic, social and environmental value based on people and for people. The company's headquarters is located in Toronto, Canada. Avison Young stands out due to the global cooperation of the company's partners around the world, who together and individually have an impact on the company's operations and development. The company has been present on the Polish commercial real estate market since 2017 and currently provides consulting services in the field of real estate valuations, office space rental, investment and technical consulting and project management.

It's no secret that fintech solutions are driving growth and innovation in Africa's financial sector. The financial technology sector in Africa is rapidly developing and evolving, incorporating cutting-edge technologies and novel business models. Because of this, anyone interested in learning about cutting-edge financial technology in Africa should attend the Finance Magnates Africa Summit (FMAS:23). At the Sandton Convention Centre in Johannesburg, South Africa, from May 8-10, 2023, the foremost figures in the African fintech industry will convene for FMAS:23, giving attendees a unique chance to discuss and learn about the latest developments in the sector. Entrepreneurs in the financial technology (fintech) space, as well as those in the technology and service sectors, will have the opportunity to exhibit their wares and network with prospective business associates and customers. Over the course of the conference's 2.5 days, participants will be able to engage with major retail players and fintech industry leaders through a variety of panels, sessions, workshops, and networking opportunities. The goal of FMAS:23 is to help attendees discover the most cutting-edge fintech solutions in Africa and take their businesses to the next level by providing a stimulating and engaging venue for doing so. Read next: The year-to-date trend for green cryptos remains very bullish. ADA has propelled 32%, and DOT witnessed a 37% surge, just to name a few| FXMAG.COM Finance Magnates has been holding its London Summit series for over a decade, but the Finance Magnates Africa Summit is the company's first event on an African continent. FMAS:23, which aims to unite the brightest minds in Africa's financial sector, is shaping up to be the must-attend conference for anyone interested in the enormous fintech market in Africa. In that case, you shouldn't miss FMAS:23 if you want to learn about the cutting-edge financial technology available in Africa and how it can help your company succeed. Sign up right now to be a part of the discussion. Learn more: Finance Magnates Africa Summit – AFRICA’S LARGEST FINTECH EVENT

Which industry will win the investment race this year? Will the investors who look for a bargain on the Polish market continue to focus on office buildings as they did last year? Or will the investment transaction market be dominated by warehouses and retail parks? The ongoing changes in the global economy haven't materially affected the decisions of investment funds and their perception of Poland as an attractive investment spot. Even though the investors are more cautious in their deal-making decisions, on the domestic market the year 2022 ended with a similar investment volume in the commercial property sector as the year before. That was the case for the entire CEE region. With its major share in the total investment volume in the region, Poland has maintained its leading position in the CEE. Warehouses overthrown The assets that most frequently changed their owners in the past year are office properties which managed to overthrow the logistics sector from its leading position that it had occupied two years in a row. In 2022, the total investment volume in Poland amounted to over EUR 5.8bn, with the warehouse deals constituting one third of that value. The deals involving logistics properties totalled to EUR 2 billion and ranked second in terms of value, right after offices. In 2022, the investors' activity in the warehouse sector dropped by over 30 percent year on year, while the commercial properties market recorded its best results in years. The deal volume was way beyond the one documented in the previous year. The acquisitions in the commercial sector on the Polish market totalled to EUR 1.5bn in 2022. The majority of transactions involved small-scale retail parks and convenience stores, but several large commercial centres in the major Polish cities changes their owners, too. Detailed asset value analysis and waiting for a bargain Nowadays, the investors pay greater attention to the location of the properties and more closely look into the tenant structure. Particularly interesting are still the attractively located warehouses and retail parks, secured with beneficial lease contracts. The investor search also for plots for retail park development and residential properties for the PRS purposes. However, the negotiations processes are accompanied by an in-depth analysis to verify the investment value of the assets, as well as ESG-related matters. Another key element in the decision-making process in the quality and stability of lease contracts with tenants. Poland continues to be an interesting market for investment funds, particularly from the US, Germany and South Africa, yet capital of the CEE-origin begins to play an increasing important role, too. Still, certain slowdown is expected to be visible on the investment market this year, as the buyers anticipate price discounts. In a number of cases, there is a significant discrepancy between buyers and seller as to the estimated property value. What additionally hinders a successful deal-making is also high borrowing costs for the investments, rigid conditions for granting loans, as well as the expected global recession. All these are accompanied by surging energy prices and increasing more demanding EU climate policies. Borrowing costs vs yields Unfavourable economic climate, inflation, growing maintenance expenses, and high costs of financing investments have resulted in an adjustment in asset prices on all European markets, which in Poland continues to be less severe that in the Western Europe. The slowdown on the investment deals market is becoming more visible across all European states. This is hardly surprising, considering increased borrowing costs whose level is currently similar to the yields for the most attractive assets. Yet, the situation could improve soon. Some significant increase in rents in the warehouse sector was observable already last year, both in Poland and on other European markets. Despite ongoing changes, the Polish market remains one of the least expensive in Europe. Apart from the lower lease rents, the country offers also highly skilled staff, lower operating costs, and convenient location in the vicinity of the outlets, which is particularly relevant in the context of nearshoring and transfer of the manufacturing processes from Asia. As per the latest Reuters report, in that respect Poland is the first choice for the European companies. It competes for manufacturing investments of the Asian origin with Czechia and Hungary. The time will tell how many projects that are currently being analysed will actually be moved to the country. Warehouses under construction Last year, the warehouse and commercial sectors were the fastest growing parts of the commercial property market in Poland. As a result of delivery of the largest volume of new space in the history of the Polish market, more than 28 million square meters were added to the domestic warehouse resources. The record-breaking supply is accompanied by a high demand. The contracts executed last year covered 6.8m square meters of warehousing space, which is just slightly below the record-breaking 2021. The industrial and logistic properties in Poland continue to develop dynamically. And there is still a large potential for growth in the most valuable locations, such as the regions around Warsaw and Poznań, or in Silesia. A relatively large volume of space - 3.4m square meters - is currently under construction in Poland. Yet, an incremental quarter-on-quarter drop in the number of the launched investments projects was observable last year. That resulted mainly from higher construction material prices and borrowing costs, as well as lower activity of investment funds. The adjustment in property value brought also a drop in new supply on the majority of European warehouse markets. High demand for logistic facilities The market forecasts indicate a further increase in the warehouse lease rents. Following the last year increase in rents, which went up on average by 20 percent, we continue to be a competitive market compared to the rest of Europe. The main driving force for the warehouse market are currently the logistic companies and manufacturers, as well as e-commerce, which is, however, developing slower than before. The high demand for space results in a low vacancy rate in the industrial and logistic industries in the CEE market, which is on average below 5 percent. In the most popular locations, the demand for warehouses is often higher than the supply. Deceleration of commercial project development Higher liquidity on the investment market recorded in the Polish commercial property sector in 2022 could be suppressed this year by certain unfavourable economic developments and high project financing costs. Decreased dynamics in retail sales has been a threat to the sector, next to the higher maintenance costs of buildings. This year, the lower pace for new project development is expected also on the commercial market. In 2022, as much as 350 thousand square meters of new space was added to the sector in Poland, and the majority of that volume was delivered in the cities over 100 thousand residents. Some 300 thousand square meters of space for commercial purposes is currently under construction, even though the initial plans were significantly bolder. The vast majority is located in the retail parks under construction whose supply is expected to increase in the years to come. The characteristic element of the domestic commercial market are the redevelopment projects of properties which used to be rented by Tesco and are on regular basis transformed into new commercial centres. Ironically, the growing popularity of retail parks among both customers and investors is a result of a higher inflation rate and lower purchasing power of money. That is linked to the nature of such projects whose offer tend to include value retailers. Smaller, local commercial centres that facilitate convenient, daily shopping close to home become increasingly important year-on-year. Retail parks are developed mainly in smaller towns with an existing supply gap. Their competitive advantages are lower investment costs and maintenance costs compared to large commercial centres. In the coming years, the market will continue to boost its investment potential and remain interesting for the investors. Author: Agata Karolina Lasota, Managing Director at LBC Invest

Kazuo Ueda, the newly nominated governor of the Bank of Japan, delivered his first speech on March 4th, outlining his priorities for the central bank. Ueda, who is known for his conservative approach to monetary policy, emphasized the importance of maintaining price stability and ensuring financial stability in Japan. Ueda's speech touched on several key issues facing the Japanese economy, including the country's aging population and low birth rate, which have contributed to sluggish growth and deflationary pressures in recent years. He also highlighted the challenges posed by the COVID-19 pandemic and the need for continued monetary and fiscal support to support the recovery. One of Ueda's main priorities is to achieve the Bank of Japan's 2% inflation target, which has eluded the central bank for years. Ueda emphasized that achieving this target would be crucial in breaking the cycle of deflation and boosting consumer and business confidence. He acknowledged that the central bank may need to adjust its policy framework to achieve this goal, including potentially increasing the level of bond purchases or introducing new tools such as yield curve control. Another area of focus for Ueda is financial stability. He emphasized the importance of monitoring and addressing potential risks in the financial system, including the impact of low interest rates on financial institutions and the potential for asset bubbles to form. He also stressed the need for effective communication with market participants and the public to ensure that the central bank's actions are understood and support the stability of the financial system. Ueda also touched on the role of the Bank of Japan in supporting the government's efforts to address the challenges facing the economy. He emphasized that the central bank would continue to work closely with the government and other stakeholders to ensure that monetary and fiscal policy are coordinated and effective in supporting the recovery. Overall, Ueda's speech highlighted his commitment to maintaining stability in the Japanese economy and his willingness to adapt the Bank of Japan's policy framework to achieve its goals. While his conservative approach to monetary policy may draw criticism from some quarters, Ueda's experience and expertise will be crucial in guiding the central bank through the challenges facing Japan's economy in the years ahead. Question 2. We are approaching the end of the first quarter, what branch would you go for? All markets are growing, is this not another bubble?  It is important to note that market trends can be influenced by various factors such as economic data, geopolitical events, and investor sentiment. While markets have been growing and appear bullish, there is always the possibility of a market correction or downturn. Market cycles are a normal part of the investing process and it is important for investors to understand the risks associated with investing. The term "bubble" is often used to describe a situation where asset prices rise to unsustainable levels and then decline rapidly, resulting in significant losses for investors. Bubbles can occur in various asset classes such as stocks, real estate, and cryptocurrencies. It is difficult to determine if a market is in a bubble or not, as bubbles can only be recognized in hindsight. However, some signs of a potential bubble include a rapid increase in asset prices that are not supported by underlying fundamentals, excessive investor optimism, and high levels of borrowing or leverage. In summary, while markets may continue to grow in the near future, it is important for investors to exercise caution and understand the risks associated with investing. It is also important to have a well-diversified portfolio and to regularly review and adjust investment strategies based on changing market conditions. By Ramesh

Join us for the RE.WORK AI in Finance Summit NY happening on April 20-21, 2023, at etc.venues, in New York, NY. Discover advances in machine learning tools and techniques from the world's leading innovators across industry, academia, and the financial sector. Speakers will share insights into recent breakthroughs in technical advancements and fintech applications including financial forecasting, trading & investment.Learn about machine learning applications in the financial sector from algorithms to forecast financial data, to tools used in retail banking & pattern recognition in financial time series, to scaling predictive models, to wealth management, to using reinforcement learning for cross financial applications.This is a unique opportunity to interact with industry leaders, influential technologists, data scientists & founders leading the machine learning revolution. Learn from & connect with 200+ like-minded industry innovators sharing best practices to improve the development and application of AI in the financial sector. To register, visit https://ny-ai-finance.re-work.co/register Use discount code: FXMAG20 for 20% off your pass.

iFX EXPO Asia, 20-22 June 2023: Save the date iFX EXPO Asia 2023 is the premier event for business networking and collaboration in the financial and fintech space. The event is set to take place from June 20 to 22, 2023, in the vibrant city of Bangkok, Thailand. Following the resounding success of the previous edition, this year the event returns to the exotic city, greater and more vibrant than ever. For over a decade, iFX EXPO has set the standard for high-calibre fintech exhibitions.   Why Bangkok? Bangkok is a bustling metropolis and an emerging hub for finance and technology in Asia, with 182 fintech startups and established financial companies based in the city, according to data collected by Tracxn.com.   Currently valued at $1 billion, the Thai fintech sector continues to see growth, especially across the digital payments sector with a total estimated transaction value of $34.82 billion by the end of 2023, according to Statista.   With a rising number of fintech buyers - which, according to the same Statista report, is expected to hit 70.66 million in the next four years - Thailand is set to become Asia’s next tech heartland. Therefore, Bangkok is the perfect place to be for fintech leaders.   iFX EXPO Asia in a nutshell The event is expected to bring together a diverse range of stakeholders, including technology and service providers, digital assets, blockchain, retail and institutional brokers, payment providers, banks and liquidity providers, affiliates and IBs, as well as regulators and compliance officers. With such a broad range of attendees, the expo offers the perfect stage for collaboration, networking and insightful debate.   More than an exhibition, iFX EXPO provides countless opportunities to showcase your fintech brand, share ideas with industry peers and engage with inspiring content during the Speaker sessions and Idea Hub discussions.   Conceived as a continuum of business showcases, exhibition centre and conference, the expo smoothly transitions from one to the other, presenting attendees with a wealth of opportunities to make their mark in the industry by either exhibiting or sponsoring the event.   Securing a booth at iFX EXPO Asia gives fintech brands the chance to stand out from the crowd and showcase their innovative products and services. Each edition brings more and more stellar exhibitors from across fintech and finance - from well-established prime brokerages and liquidity providers to ambitious startups. Contact sales@ifxexpo.com to reserve your booth today. The best spots sell out fast!   If exhibiting at the expo brings you in front of potential clients, sponsoring iFX EXPO Asia takes it up another notch, enabling you to strengthen your position in the industry and putting your brand name front and centre. To sponsor iFX EXPO Asia 2023, contact sales@ifxexpo.com. Get Your Free Pass! To gain access to everything the event has to offer, you need to register for a Free Pass. The Free Pass grants you:   Entry to the Expo Venue Access to iFX EXPO Networking App Speaker Hall & Idea Hub Entry Access to Sponsored F&B Areas and Business Lounges Admission to the exuberant iFX EXPO Parties   To make the event more interactive, Ultimate Fintech, the organisers of the grand international iFX expos, encourage you to share your ideas and perspectives on the latest trends or suggest the Speakers & thought leaders you want to see on stage at iFX EXPO Asia. You can do so here.   Leaving nothing to chance, iFX EXPO comes with a dedicated networking app that allows you to connect with other delegates, schedule meetings, navigate through the floorplan and event agenda, and explore profiles of sponsors, exhibitors, and attendees.   Don’t miss out! Register today.

The Blockchain Expo North America (17-18th May) is excited to announce that the venue for the official event networking party will be Levi’s Stadium, Santa Clara. NETWORKING PARTY DETAILS The party will take place on the evening of the 17th May, following the first day of the conference at the nearby Santa Clara Convention Center. The event will be hosted at the prestigious Levi’s 501 Club at the Levi’s Stadium, home of the San Francisco 49ers! Paying attendees will have the chance to enjoy an evening of networking and create contacts with some of the industry’s biggest names from 6pm to 10pm following Day 1 of the conference. The networking party will allow you to share your experiences of the day and will provide the opportunity to meet with existing and new business partners in a more relaxed setting, with free food and drinks provided. This opportunity is open for Gold Pass Holders, Ultimate Pass Holders, Speakers, Press, Sponsors, and Exhibitors. WHAT ELSE TO EXPECT? Over the course of two days at the Blockchain Expo North America you will have a chance to listen to knowledge-packed presentations, visit exhibition stalls and connect with the representatives of some of the world’s biggest brands, all implementing the latest in Blockchain technologies within their sectors. In addition to the exhibition floor accessible for free to everyone, Gold tickets will offer an opportunity to listen to knowledge-packed presentations and panel discussions featuring key players sharing their expertise and insights about Blockchain. The event agenda promises to discuss such hot topics as: Learn more about Blockchain in Business, Into the Web3 – Connecting New Technologies Within a Blockchain Context, Discover more about creating a sustainable ecosystem using Blockchain, A Look at the Current Blockchain Landscape and most interesting use-cases, Blockchain’s Value in building out a Web3 strategy, the privacy and governance of Blockchain …and so much more! Ultimate ticket holders will have a chance to join additional sessions at co-located expos, including: Edge Computing, IoT Tech, Digital Transformation, Cyber Security & Cloud, and AI and Big Data. TICKETS Early bird tickets are now available at a discounted rate of 40% off, but hurry as the prices will increase on Monday 20th of March! Be sure to secure your spot at this exciting event now. Don’t miss out, secure your Free ticket, Gold Pass, or Ultimate Pass below: https://blockchain-expo.com/northamerica/ticket-types-and-prices/

From July 14th to 15th 2023, the Spanish city of Valencia will host the second edition of NFT Show Europe, one of the world leading events on web3, Blockchain, Metaverse, Virtual Reality and Digital Art. An international meeting point for experts to share their insights on the next era of the internet in a futuristic business-art atmosphere. Designed as a B2B event, the main goal of the organization is to foster international collaboration among participants. All this surrounded by NFT and digital art galleries, exhibiting world-class artists work with the most advanced technology of the moment. #NFTSE has already received more than 3000 waitlist registrations. #NFTSE 2023 gathers some of the most influential companies and artists to discuss the latest trends and developments. A major boost for the web 3.0 industry, fostering new partnerships and collaborations, which help to solidify its position as a major meeting point in this world. Among the contents offered in the conferences we can find important names such as Epic Games, Niantic, Animoca Brands, Unicef, Vogue Business, United Nations, UNICEF, Alpine F1, Hugo Boss, Zepeto, Xceed Renault and Digital Fashion Week, among others. With an international audience from 59 countries and more than 2300 visitors during #NFTSE22, the organization forecasts a major increase, consolidating #NFTSE as the main meeting point for web3 related companies and experts, blockchain innovators, data analysts, investors, early adopters, digital artists and collectors. “From our stakeholders’ feedback, more than 85% of them exceeded their expectations in terms of return on investment. We treat every single one of our stakeholders as a person / group of people. We work for our community to boosting their business relationships and opportunities.” claims Oscar Rico, CEO @ NFT Show Europe The venue, the City of Arts and Sciences, is an internationally recognized cultural and architectural complex. Located in the green heart of Valencia, the old Turia riverbed, it is the most important modern tourist destination in the city of Valencia and one of the 12 treasures of Spain. The waitlist for #NFTSE 2023 is now live and it grants early access and an exclusive discount for the ticket sale launch. More about NFT Show Europe #NFTSE NFT Show Europe is one of the world leading events on web3, Blockchain, Metaverse and Digital Art. An international meeting point for experts to share their insights on the next era of the internet in a futuristic business-art atmosphere. Links: #NFTSE 2023 Official Trailer: Website: https://nftshoweurope.com/Twitter: @nftshoweurope

CRYPTOVSUMMIT attracts investors from across Dubai and the Middle East. Investors attend to find investment opportunities in Crypto companies & startups with a goal to find the next "Unicorn" company.   WHO WE ARE? CRYPTOVSUMMIT is an event that specializes in helping Crypto Companies (Blockchain, Metaverse and NFTs) and Investors meet under one roof for them to be able to create long-term business relationships.   WHY COMPANIES ATTEND? Major strategic partners and Fortune 500 companies attend to gain education about the Crypto Industry which is changing rapidly. They attend with clear goals to meet the top startups & companies in the space and create long-term partnerships with them.   CRYPTOVSUMMIT || The Largest Crypto Community    WHY CRYPTOVSUMMIT? The Event currently holds the position of being the most focused investment event for the Crypto industry. This means that CRYPTOVSUMMIT focuses on high-quality targeted attendees. This is extremely important as it makes sure all parties (from investors to attendees) are at the event with the expectations of doing business with one another.   WHAT IS OUR MISSION? Our mission has two parts. First and foremost, educating the public on Crypto and how all the elements that make it up (Blockchain, Virtual Reality, NFTs and AI) will completely change the way we interact in the coming years is a priority for CRYPTOVSUMMIT. Secondly our mission is to make sure that Founders, Investors, and members of the Crypto world have a dedicated place to meet and interact in order to create valuable business relationships.   WHY DUBAI? CRYPTOVSUMMIT and its holding company have been in the UAE for more than a decade. And making Dubai the base of operations has worked to be our greatest investment.

After successful editions in Dubai, UAE, and Lisbon, Portugal, WOW Summit Hong Kong will become a flagship full-scale Web3 event in the APAC region in 2023, along with General Partner OKX. The conference will host over 5000 attendees on March 29-30 at a world-class venue AsiaWorld-Expo. WOW Hong Kong is supported by government institutions - Invest Hong Kong and Hong Kong Tourism Board - and will be co-hosted by the well-known blockchain ecosystem players - Uvecon.VC, MaGESpire, organized by GuyWay, and powered by Market Making Pro. The founder of MaGESpire, Bowie Lau, is one of the biggest Web3 names in Hong Kong by Tatler Asia.   "Thrilled and excited to return to the Web3 arena as a co-host of the blockbuster WOW Summit 2023, Hong Kong edition, one of the biggest and the brightest Web3 conferences in the APAC region, filled with thought leaders, trailblazers, and industry experts looking to shape the future of the industry. Hong Kong, as the home ground to the world's largest Web3 Gaming and Metaverse players, has always treaded with cautious optimism when it comes to crypto and Web3 and largely avoided the fallout of the Crypto Winter. But with an increasingly supportive regulatory stance and the open embrace of Metaverse, Hong Kong is positioned well to re-claim its leadership in the Web3 space!" said Bowie Lau, the founder of MaGESpire.   The General Partner of WOW Hong Kong - OKX - is a world-leading technology company building the future of Web3 and known for having a reliable crypto trading platform for investors and professional traders. OKX’s crypto exchange is the second largest globally by trading volume. In line with its commitment to transparency and security, the company publishes the Proof of Reserves on a monthly basis.   “OKX is pleased to serve as the General Partner of WOW Hong Kong, which will be a showcase and celebration of how Web3 and crypto are shaping our world,” said Lennix Lai, Managing Director of Financial Markets at OKX. “The Web3 community in Hong Kong is as vibrant as ever, perhaps less visible in recent years. That’s going to change quickly thanks to events like WOW Hong Kong, which will propel Hong Kong’s Web3 industry to the forefront once again by bringing leaders of all stripes together.”   Hong Kong is made for tech gatherings, and Web3 is booming here. Top industry leaders, developers, startups, VCs, funds, corporates, and creators will gather at WOW HK to discuss the hottest topics in the space, network, and harness new business opportunities. Leading companies like Amazon Web Services (AWS), Newman Capital, Animoca Brands, First Digital, Tencent Cloud, Flowdesk, Custonomy, AntAlpha, Brinc, OLN, and others are among the event’s partners. Reputable Tier 1 and Tier 2 publications eagerly support WOW HK as media partners as well. In addition, BeInCrypto and China Daily are the Premium Media Partners, and Cointelegraph is a General Media Partner.   WOW Summit Hong Kong is the first full-scale Web3 event since the city's reopening after Covid. Attendees can expect the talks and fireside chats on the Web2-to-Web3 transition and the future of the internet, blockchain adoption, real assets tokenization, NFT and Metaverse use cases, CBDC, regulations, and more. Renowned speakers, such as Yat Siu (Co-Founder & Executive Chairman at Animoca Brands), Lennix Lai (MD of Global Institutional at OKX), Dave Chapman (Executive Director at BC Group), Angelina A. Kwan (CEO at Stratford Finance Limited), Duncan Wong (CEO at CryptoBLK) among others, will break the talks on the stage.   Talented artists from across the globe will present their work at the NFT and Digital Art Exhibition. In addition, startups building in Web3 will have a chance to participate in a startup competition, pitch in front of well-known funds, VCs, and corporate partners, and get grants for their project development.   "The transition from Web2 to Web3, from centralized services to decentralized, is happening now despite the global recession, crypto winter, and uncertainty. Technological progress is unstoppable. Data privacy, end-user data ownership, access to financial products for the unbanked, digital property rights, new tools for customer loyalty management, DAO, and metaverse development - these are the trends of the third decade of the 21st century. Hong Kong has reopened its borders and introduced a new vision on Web3 and virtual assets, welcoming tech companies from all over the world. I'm excited to bring WOW Summit here to boost the transition to Web3; WOW things will happen here!" said Ivan V. Ivanov, CEO of WOW Summit, Partner of UVECON.VC.   March 29-30 is perfect timing for WOW Hong Kong, as it will happen between two other popular events - Art Basel HK and Hong Kong Sevens, when the city will buzz and crave more entertainment. Besides the conference, several side events will offer more casual networking throughout the week and will be announced on the WOW Summit’s website. WOW Summit HK promises to be extraordinary and accommodate dozens of top Web3 companies, partners, publishing houses, VCs, speakers, and influencers. It is a must-visit Web3 event in 2023 for the global change-makers building a new world.

Author: Piotr SzymoÅ„ski, Director at Walter Herz Investors are looking for projects that can ensure a good profit. Will we soon see a flood of investments based on changing the function of existing real estate on developed land? Real estate conversions trend is becoming a permanent element of the investment landscape on our market. There are almost no empty plots in attractive locations in the large cities, so developers are forced to reach for already developed plots. All real estate market participants agree that the number of such projects will increase in the upcoming years. Investors are looking for projects that can ensure an attractive investment return. In many cases, new commercial buildings can provide a much larger GLA, than the already existing ones. The purchase of a developed plot is also, in many cases, the only possibility to implement a project of a certain scale in a given location. Therefore, we expect that developers will reach for already developed plots more often and invest in more challenging projects that include demolition or transformation of the buildings functions, in order to provide the expected profit. We are talking about demolition of the buildings, unless they are historic, because the reconstruction of an office building or a shopping center in order to give it a new function is often unprofitable. The trend of replacing older buildings with new ones will increase due to the lack of local zoning plans, which cover only about 30-50 percent of agglomeration areas. Demolition of decapitalized office buildings Looking at the market, it is not difficult to notice that some older office buildings are not attractive to potential tenants. This is especially true for properties that are not energy efficient and require substantial expenses to meet the energy consumption standards expected by tenants today. In such buildings, the effective rent value is lower than the value of the land on which they stand. As a result, investors are often analyzing the possibility of using such plots for residential projects. An example of this type of transaction is the purchase a part of the Empark office complex in Warsaw from the Austrian investor Immofinanz by Echo Investment in 2020. The company is planning to develop a project of about 1 200 apartments. The upcoming months will show whether further investments are carried out using demolition of the unattractive buildings in Warsaw's SÅ‚użewiec, where almost a quarter of the offices in the largest business zone in the country remains vacant. Another example of the purchase of a plot with an office building to be demolished for a residential project is Develia’s project. The developer will build apartments and commercial premises on the plot with an old office building on Åšlężna street in WrocÅ‚aw. Also Dom Development purchased a plot with an unfinished office and administration building in Warsaw's Bielany. The company intends to demolish it. Atrium International office building in Warsaw is also subject to demolition. Strabag Real Estate is planning to build Upper One office and hotel complex in the place of the closed office building in the corner of Grzybowska and Jana PawÅ‚a II streets. The developer wants to build a 131.5-meter office building and a 55-meter hotel in this location. The complex will offer 35.9 thousand sq m. of offices and about 11 thousand sq m. GLA of hotel space. The investor has already received the demolition and construction permits. Upper One is scheduled to be completed in 2026. This is not the first project of this type completed by this company in Warsaw. Earlier, the developer had already demolished an old office building on Tamka Street and built a hotel for the German chain Motel One in its place. The Ilmet office building located at the ONZ roundabout is also to disappear from the landscape of the Warsaw city center. The building was bought a few years ago by Skanska. The company plans to demolish the building completed in 1997 and replace it with a modern office tower. Ghelamco Poland has recently applied for a building permit for an office and retail building at Towarowa Street in Warsaw, which is to be erected on a plot where a block of flats with 21 apartments is to be demolished. Commercial buildings scheduled for demolition Market changes are also a big challenge for shopping center owners due to rising operating costs. Many of the key tenants have contractual restrictions on the increase of such fees, which will result in a growing budget shortfall directly impacting operating income (NOI), which is the basis for asset valuation. Numerous shopping centers are doing very well, providing tenants with high turnover that justifies the amount of rent and service charges. However, some of the shopping malls that have lost key tenants are struggling to make a profit. The value of such properties from an investment point of view is getting closer and closer to the value of the plot on which they stand. The purchase of Land shopping center in Warsaw's SÅ‚użewiec by the Belgian developer Ghelamco is a good example of this. After the demolition of a twenty-year-old building, a mixed-use project offering over 37 thousand sq m. of office and commercial space is to be built in its place. Another example is the conversion of the CH Sosnowiec mall into a logistics center. In Cracow, Galeria Plaza mall has also been demolished. In order to replace the shopping center, Strabag Real Estate will build a complex of several buildings. The project is at the design stage. The construction of the mixed-use complex is scheduled for 2023-2025. Another example of the implementation of mixed-use projects in the place of former buildings is an investment by Echo Investment in the area of the current CH Jupiter in Warsaw located at Towarowa Street, as well as a residential and commercial complex, which is to replace the Tesco Kabaty supermarket. Development of industrial areas The development of urban agglomerations over the last decades has meant that many industrial areas are now adjacent to residential estates or commercial complexes. From the urban planning point of view, changing the function of the industrial areas seems to be a necessity. Recently, there has been no shortage of examples of these types of transactions. In August 2022, Arche Group purchased the site of the former Szombierki heat and power plant in Bytom. On nearly 18 hectares of land, the investor plans to implement a city-forming project with a hotel and catering establishments. In September 2021, White Stone finalized the purchase of 20 hectares of land in the vicinity of ArcelorMittal steelworks in Warsaw. The company wants to build a mixed-use project with apartments and offices there. In August 2021, Okam acquired the FSO industrial plant in Å»eraÅ„, on the other side of the Vistula river. So far, the facility where our agency recommercialized over 150 thousand sq m. of space last year, is used for storage and production purposes. A good example of the revitalization of industrial area can also be Warsaw district of Wola, where modern quarters of the city have been erected to replace the post-industrial buildings. Praga is also changing in a similar way, with such projects as Koneser, Bohema, Port Praski, Soho, and a new complex that replaced the PZO factory. Chances and risks An important element that will affect the dynamics of real estate conversion in the upcoming years will be the final shape of the act that the Ministry of Development and Technology is working on. The new bill is intended to facilitate the conversion of commercial and office buildings into apartments, regardless of the zoning plan in force in a given location. These types of investments are associated with higher costs related to the demolition of buildings and extended implementation time. It is a process that takes three to eight years. On the other hand, the rental income generated by the property during the preparation for change of function significantly improves the financial parameters of these long-term projects, balancing the risk. The supply of attractively located plots of land is getting smaller every year. Therefore, we expect that in the upcoming years more and more projects with transformed functions will be implemented. It is already clear that investors are often analyzing the potential of assets in this respect. At the same time, more and more projects require consulting support in the field of leasing. Transformations of functions on the real estate market are a hot trend, however, planning and legal and administrative restrictions will verify the final number of such projects, primarily on the basis of achievable margins for developers. About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors. Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Tri-City. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. The agency introduced the Code of Good Practice to ensure the highest ethical level of services.

AvaTrade becomes Official Trading Partner of Aston Martin Aramco Cognizant Formula One™ Team Award-winning broker has secured a strategic partnership with iconic British Formula One™ team. LONDON, UK., 8th February, 2023 – AvaTrade, the award-winning, established and renowned online trading broker, is thrilled to announce its exciting new partnership with Aston Martin Aramco Cognizant Formula One™ Team (AMF1). The Silverstone-based racing team is competing in the most prestigious automotive racing series in the world and is in year three of a journey aimed at establishing its position at the front of the grid. AvaTrade and AMF1s partnership is based on the core values that can make a successful trader as well as a competitive Formula One™ team like AMF1 AvaTrade’s partnership with AMF1, one of the famous brands in racing, is built on speed and innovation, as well as advanced technology and precision. AvaTrade is committed to revolutionising the online trading industry by providing a trustworthy and user-oriented trading environment that empowers users to invest and trade with confidence. Like the bespoke racing cars built and developed by AMF1, the AvaTrade platform offers advanced technology and innovation, in addition to providing full scale support for all its traders – the same way in which the pit crew at AMF1 supports the drivers in their aim for success. AvaTrade and AMF1s partnership is based on the core values that can make a successful trader as well as a competitive Formula One™ team like AMF1: constant excellence in every aspect, pushing the boundaries of speed and innovation, advanced technology, and success. Dáire Ferguson, CEO at AvaTrade, said: “We are delighted to announce this partnership with AMF1. Traders and sports teams competing at the highest levels require a number of similar characteristics. They need to be driven, opportunistic and dynamic,whilst availing of professional support to get to the top of their game. This is why we’re so excited to be working alongside AMF1, a team which shares our views and outlook on what is required to achieve success. We are dedicated to empowering our loyal traders to reach the top of their game, just like the talented racers, Fernando Alonso and Lance Stroll, do for AMF1 “As a global leader in online trading, we thrive to achieve success through calculated moves, efficiency, and ground-breaking technology , all of which are embodied by AMF1. We are dedicated to empowering our loyal traders to reach the top of their game, just like the talented racers, Fernando Alonso and Lance Stroll, do for AMF1. “As one of the most regulated and trusted brokers in the industry, we are delighted to have AMF1 representing our brand and working with us to promote our commitment in providing traders with cutting-edge technology and the highest level of regulation to ensure they reach financial goals and lead the rest of the field in the race.” Jefferson Slack, Managing Director – Commercial & Marketing, AMF1 added: “It is hugely exciting to welcome AvaTrade as the Official Trading Partner of AMF1. As a racing team, we strive to improve ourselves continuously and stay ahead of the competition. But we cannot do this alone, we are supported by leading engineers, an expert pit crew, cutting-edge technology, and state-of-the-art tools which allow us to compete at the very pinnacle of motorsport. This draws parallels with the team at AvaTrade, which provides its traders with skilled expert advisors and personal account managers to guide them to maximise their full potential in their trading journey. As we seek to maximise our driving potential, AvaTrade seeks to drive investors trading potential.” This really is the joining of two companies that have so much in common – from integrity and history, to brand alignment and exciting plans on the horizon. Sean Ryan, CEO, Pan Sports commented: “Congratulations to these two powerhouse brands. This really is the joining of two companies that have so much in common – from integrity and history, to brand alignment and exciting plans on the horizon. We cannot wait to see what the future brings for both AvaTrade and Aston Martin F1 Team.” This partnership with AMF1 will enhance AvaTrade’s position as a gold standard, world-leading online broker, which is focused on providing its clients with the best training, technology, risk management tools, and educational guides needed to be successful, ensuring this is with speed, efficiency and innovation. Please see the official announcement video here:  For further information, please visit www.avatrade.com or www.astonmartinf1.com About AvaTrade AvaTrade is a leading online trading broker that supports investors of all kinds through a range of platforms, including MT4/5, AvaTradeGO mobile app, WebTrader, AvaOptions, DupliTrade and others. Traders benefit from tight spreads, a personal account manager, multilingual support, 1000+ instruments, and market-leading risk management tools such as AvaProtect, alongside real-time market access and immediate execution. Accounts are totally segregated and transactions fully encrypted. AvaTrade is regulated in the EU, Japan, Australia, Abu Dhabi and BVI, while holding a strong presence in Canada through a partnership with Friedberg Direct, a member of Canada’s Investment Industry Regulatory Organisation. About AMF1 The legendary Aston Martin marque first raced in Formula One in 1959 and returned to the sport in 2021 under the leadership of Canadian entrepreneur Lawrence Stroll. With a team of passionate people at its heart, and a talented squad of drivers – including double World Champion Fernando Alonso and Canada’s Lance Stroll – this is a team with both a rich heritage and a fresh perspective. Alongside collaborative and strategic partners, the Silverstone-based team is bringing new energy to the sport with a determination to shake up the order and compete at the sharp end. www.astonmartinf1.com

8th February 2023Avison Young today announced a new affiliation agreement with Zaad Capital, which will see Avison Young expand its global footprint to provide customized real estate solutions to clients in the United Arab Emirates. The affiliate will be led by Simon Higgins, CEO Avison Young UAE, and Paul Fanning, COO Avison Young UAE, and will deliver commercial brokerage, valuation, asset management and real estate consulting services to clients across the office, retail, hospitality, residential, and industrial markets. Avison Young’s global clients will benefit from an expanded geographical platform, adding to the existing 100+ offices across 16 countries, and building further on a growing services platform across EMEA in particular. Mark E. Rose, Chair and CEO, Avison Young: “This affiliation marks an exciting chapter for Avison Young, bringing with it the opportunity to leverage Avison Young’s international platform and technology-led insights to advise clients in one of the most dynamic and advanced real estate sectors in the world. This step will further enhance and align our firm's operations across EMEA, providing real estate services and data-driven advice to clients with an expanded presence in the Middle East and a dedicated office in Abu Dhabi.”Michał Ćwikliński, Principal, Managing Director – Poland:“I am excited about this further enhancement of our firm's operations across EMEA. We are constantly strengthening our presence in the region, which enables us to offer our clients more complex and customized cross-border services. We believe that our new office in Abu Dhabi will facilitate attracting UAE capital to great real estate investment opportunities in Poland.”The affiliation agreement in UAE builds further on a growing Avison Young services platform across EMEA that also includes operations in Austria, Bulgaria, Czech Republic, France, Germany, Hungary, Ireland, Israel, Poland, Romania, South Africa and the UK.Avison YoungAvison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. Headquartered in Toronto, Canada, Avison Young is a collaborative firm owned and operated by its principals. In the Central Eastern Europe and South Eastern Europe the firm is operating in Bulgaria, Czech Republic, Hungary, Poland, Slovakia and Romania, offering a broad range of consultancy services. In the Polish commercial real estate market, Avison Young is providing professional consultancy services such as office agency, investment advisory, valuation consultancy, technical advisory and project management.

    6 February 2023 – Can you really own a pub?! Yes, in Brewpub Simulator you can! Are you ready to start your own brewing business? During this Steam Next Fest, download the Brewpub Simulator demo and play. DOWNLOAD THE DEMO FROM STEAM   What is Brewpub Simulator?Quit your day job, open a bar! Brew lagers, stouts and IPAs, and serve patrons at your own brewpub. Decorate the place, create your own brands of beer, and expand into the best joint in town. All of this in a relaxing simulator that values creativity and passion for crafting.What can you expect from the demo? Brew your own beer! Be the best (or the worst) Bartender! Decorate your pub! Serve your first customers!   DOWNLOAD THE DEMO FROM STEAM  Brewpub Simulator is planned to release on PC in 2023. For more information follow our Steam and social media.   Brewpub Simulator Developer: Star DriftersPublisher: Movie GamesGenre: simulatorTarget platforms: PCPremiere: 2023Download the Brewpub Simulator demo from SteamWebsiteMovie Games on TwitterMovie Games on FacebookMovie Games on InstagramMovie Games on TikTok About Movie Games Movie Games is a Polish game developer and publisher, listed on the Warsaw Stock Exchange. The company was founded by game enthusiasts with experience in the financial, gaming, and media sectors. It consists of new talents and industry veterans, including Maciej MiÄ…sik, the key developer behind The Witcher, and David Jaffe, the creator of God of War, Piotr Gnyp, a longtime video game journalist and the creator of Polygamia.pl, and Tobiasz PiÄ…tkowski, one of Poland's most acclaimed art directors and comic book writers. Movie Games' portfolio includes adventure games (the Lust series) and simulators (Drug Dealer Simulator, Gas Station Simulator, MythBusters: The Game, and Alaskan Truck Simulator).  In 2021, Movie Games together with the production and post-production house Platige Image established Image Games, an indie premium developer focused on producing AA role-playing games. About Star Drifters Star Drifters is fuelled by the love of game development and the energy of the artists who create them. We turn our dreams into original games that are meaningful to our players. Star Drifters consists of experienced and passionate developers focused on one goal - to create engaging games that will remain in the players' memory for a long time. Starting from 2020, the second area of our activity is the selective incubation of independent games and teams behind them. The scope of support is individually tailored and covers areas from production, design, and positioning through financing to the sale of the final product.

When it comes to the largest stock markets in the world, US trading markets top the list. Its popularity saw a major upsurge in the 1920s, and here they are 100 years later, still going strong. The reason why the US trading market has become so recognized today is for its large economy size and highly-regulated markets. Also, thanks to its stable and welcoming nature, the US stock market has become a top choice among investors for diversifying their portfolio overseas. Here's more to the US trading market:   What is the US Trading Market? In the US, the trading is done through the United States Stock Exchange. The US stock exchange is a secure place where all financial instruments, financial securities, commodities, etc., are traded in a systematic way. In this marketplace, the traders buy and sell financial securities by following well-structured rules and regulations. 3 Best Forex brokers USA February, 2023 (dailyforex.com) Back in time, the US stock exchange was the place where both traders and brokers met physically to do trading. But times have changed, and so has the trading process. Now, the same thing can happen electronically through applications. How to Sell in the US Stock Market? For selling stocks, the companies must list themselves in the US stock market. They must choose their market, reserve the ticker symbol, and submit their application. After that, a professional from the stock exchange listing team would review and inform their decision within 14 business days. Once a company gets listed on the US stock exchange, it can use an initial public offering or IPO to sell its stocks to buyers. In return, they can raise capital from the buyers/investors. Meanwhile, buyers must learn the steps to become a day trader/trader first and use a reliable platform to access the IPO.   US Stock Exchanges Currently, the US has two major stock exchange markets: New York Stock Exchange (NYSE) National Association of Securities Dealers Automated Quotation System (NASDAQ) New York Stock Exchange (NYSE) The New York Stock Exchange is the largest stock exchange in the world. It has some of the top companies listed for raising large capital and putting a societal impact. The history of the NYSE dates back to 1792, when the stock exchange was established with just 24 brokers on Wall Street. At that time, it was known as the New York Stock & Exchange Board. It was in 1863 when the New York Stock & Exchange Board turned to the New York Stock Exchange. Until 1967, NYSE was a male-dominant sector. This means only male traders were allowed to trade in the NYSE. However, things took a 360-degree turn when for the first time, a female trader Muriel Siebert was allowed to trade in 1967. Presently, NYSE has about 70 largest corporations. It also hosts 82% of the S&P 500. Last year the market average daily volume in H1 for NYSE was 38.3M contracts. This was 1.1M higher than the contracts in 2021. With advanced trading technologies and thorough guidance from professional traders, NYSE ensures high market quality to its participants Listing Requirements for NYSE If a company wants to get listed with NYSE, it must meet the following requirements: The company should have atleast 1.1 million shares and 400 shareholders. Minimum $10 million earnings in last three years or $75 million revenues in last year $40 million value of publicly traded shares/$100 million overall; $4 value per share Annual maintenance fee as per listed shares but rounded off at $500,000 100,000 shares monthly trading volume Additional requirements: A listing fee between $100,000 to $150,000 Documents like articles of incorporation, schedule of future dividend distributions, five annual reports, and current proxy statements.   National Association of Securities Dealers Automated Quotation System (NASDAQ) The National Association of Securities Dealers Automated Quotations (NASDAQ) is another marketplace for trading stocks with 3500+ listed companies. It is the second-largest stock market that has made it easy to buy/sell shares of stock electronically. NASDAQ consists of gigantic technology and biotech corporations as its listings. It is also an ideal platform for forex traders to start forex trading, however, one must know US forex regulations before starting. NASDAQ began operating on February 8, 1971. Since then, it has evolved to become the first stock market ever to launch a website and then cloud-based computing and storage. Currently, it is leading the chart to be a superior name in electronic trading.   Listing Requirements for NASDAQ NASDAQ offers three different market tiers: NASDAQ Global Select Market (large-cap companies), the NASDAQ Global Market (mid-cap companies), and the NASDAQ Capital Market (small-cap companies). Each of them has its separate listing requirements. However, the general rules are: $4-5 million stockholders' equity Minimum average daily volume of 2000 shares; over 30 days of trading before listing One million unrestricted publicly held shares The NASDAQ entry fees depend on the shares outstanding during the listing. It also includes an application fee of $5,000 (non-refundable). We hope now you know everything about the US trading markets.  

CD PROJEKT RED announces that the box release of The Witcher 3: Wild Hunt - Complete Edition for PlayStation 5 and Xbox Series X will be arriving on store shelves in North America, Europe and select territories across the world starting January 26th, 2023. Released on December 14th, 2022 as a free next-gen update for owners of the PlayStation 4, Xbox One, and PC versions of the game, alongside a standalone next-gen digital purchase, The Witcher 3: Wild Hunt - Complete Edition takes advantage of the extra power of modern gaming hardware to offer numerous visual and technical enhancements over the original.    For PlayStation 5 and Xbox Series X, which are now receiving a physical release of the game, these include Performance and Ray Tracing modes, support for AMD FidelityFX Super Resolution, faster loading times, and more. On PlayStation 5 the game also utilizes the advanced haptics and adaptive triggers of the DualSense controller, allowing players to further immerse themselves in the experience.     Furthermore, the next-gen version introduces items and a quest inspired by the The Witcher Netflix show, as well as quality of life additions: new camera options, quick Sign casting, Photo Mode, cross-platform progression, map and UI tweaks, a selection of community-created mods integrated into the experience — among many others. The Complete Edition also comes with all previously released content for The Witcher 3: Wild Hunt — the award-winning Hearts of Stone & Blood and Wine expansions, as well as 16 pieces of extra content. For more information on The Witcher 3: Wild Hunt - Complete Edition and The Witcher series of games, visit the official website, as well as follow the game on Facebook and Twitter. Source: CD PROJEKT

Join us at RE•WORK’s AI in Finance Summit in London on 25-26 April 2023, where leading AI experts within Financial Services will share insights on cutting-edge technical advancements and real-life applications of AI including: Conversational AI Quantitative Trading Personalised Banking Fraud Detection Risk Management Enhanced Customer Experience RPA (Robotic Process Automation)   The summit will explore the most recent impacts of AI in Finance from leading financial institutions keen to share their experiences in ensuring ethical use of AI, and ensuring your data is fit for purpose.   This is a unique opportunity to meet and hear from world-leading experts in AI/ML, disrupting the traditional Financial landscape with AI. Join them for two days of knowledge-sharing, insightful sessions and meaningful networking   Check out the brochure here: https://london-ai-finance.re-work.co/download-brochure   You can save 20% with discount code FXMAG. Just register your place here: https://london-ai-finance.re-work.co/  

By the middle of June 2022, the value of bitcoin had dropped to USD 17,000 from USD 69,000 in November 2021. Bitcoin supporters interpret the apparent stabilization as a respite from the upward trajectory. However, it is more likely to be an artificially induced last hurrah before becoming irrelevant, which was already foreseeable before FTX went bankrupt and sent the price of bitcoin well below $16,000. Bitcoin Market Transactions It is rare to use Bitcoin for legal transactions. The idea was published under the pseudonym Satoshi Nakamoto in 2008. Bitcoin has been promoted ever since as a global decentralized digital currency. Bitcoin has never been widely used for legitimate real-world transactions. In the middle of the 2010s, the narrative began to be dominated by the hope that Bitcoin's value would unavoidably rise to ever greater heights. However, Bitcoin is also inappropriate for investment. Bitcoin Market Value As per fxmag, Bitcoin's market value is entirely based on speculation. New money is needed to create speculative bubbles. Waves of new investors have also benefited Bitcoin repeatedly. the manipulations carried out by specific exchanges, stablecoin providers, and others. The stabilizing factors after the alleged spring bubble bursting are less well-documented than those during the first waves. Bitcoin Market Investors The greatest incentive to maintain the euphoria is provided by large Bitcoin investors. At the end of 2020, isolated businesses started promoting Bitcoin at the expense of their businesses. Large investors also provide funding for lobbyists who advocate on behalf of their clients before legislators and regulators. Sometimes, their names appear to be on a list of all US regulators. However, for lobbying to have an impact, a sounding board is required. Markets in Crypto-Assets Regulation (MICA) Regulators, on the other hand, do not dispute the dangers of crypto assets. However, in recent years, ratification of crypto-assets legislation has sometimes been sluggish, and implementation frequently lags behind. In addition, the various jurisdictions are not moving at the same rate or with the same level of ambition. While the Markets in Crypto-Assets Regulation (MICA) in the European Union has come to an agreement on a comprehensive set of regulations, Congress and the federal authorities in the United States have not yet come to an agreement on rules that are consistent. Innovation with DLT There is a persistent belief that innovation must have space at all costs. Because Bitcoin is built on a brand-new technology called DLT or Blockchain, it has a lot of potential for change. First, despite the lofty hopes for the future, these platforms like bitalpha have so far produced little benefit for society. Second, using a promising technology does not guarantee that a product based on it will have more value. Conventional Financial Sector The conventional financial sector has also been tempted to make bitcoin easier for customers to access due to the alleged sanction of regulation. Insurers and banks, as well as asset managers and payment service providers, are all affected. First, it uses enough energy to power entire economies. It is estimated that mining bitcoins requires the same amount of electricity each year as in Austria. As it shows on fxmag, it generates huge quantities of discarded hardware. The system's inefficiency is a feature, not a flaw. The Last Word Promoting Bitcoin carries a reputational risk for banks because Bitcoin appears to be unsuitable as either a payment system or an investment, so it should not be legitimized in regulatory terms. In a similar vein, despite the possibility of short-term profits (even if they have no stake in the game), the financial sector ought to be wary of the long-term consequences of promoting Bitcoin investments. Once Bitcoin investors have sustained additional losses, the impact on customer relations and the industry as a whole's reputation could be significant.

If you invest on your own, you choose your investments, keep track of how well they perform, and adjust your investment strategy over time. Partnering with a mutual fund is yet another option for investors. Investing is still a good way to build wealth, but a mutual fund can help you choose investments. The most important takeaways are that mutual funds invest a group of investors' money in a variety of securities. Avoiding some of the difficult decision-making that comes with investing in stocks can be accomplished by investing in a mutual fund. Even though management fees are still charged by mutual funds, the cost of trading is spread across all investors, which lowers the cost per person. Compared to stocks, mutual funds provide individual investors with exposure to many rather than a few stocks. Professional portfolio managers select and manage the fund's stocks, buying and selling them all with the intention of matching or exceeding a particular benchmark's performance. The Basics of Mutual Funds The strategy and selection of investments within a mutual fund are influenced by a distinct investment objective for each fund. There is a money manager in charge of each fund. The manager's goal is to protect the value of the portfolio while also investing the portfolio's assets to generate income for investors. Because they can hold a wide range of securities, mutual funds are very appealing investment options. Advantages of Mutual Funds As per fxmag, investors choose mutual funds over managing their own portfolios for a variety of reasons. Diversification, ease of use, and lower costs are the primary reasons why mutual funds, as opposed to individual stocks, may be purchased. Diversification Spreading your investments across a variety of holdings can help you avoid losses by investing in multiple businesses, industries, or investment vehicles at once. There is less of a chance that all of your investments will fall simultaneously if there is less correlation between them. At that point, most of the risk that comes with investing has been spread out. Remaining Risk The remaining risk is considered systematic and will have an effect on any security you hold. It can be challenging for an investor to invest in twenty different stocks because the majority of brokerage firms charge the same commission whether one share or 5,000 shares are purchased. Additionally, balancing the advantages of various correlation coefficients against a company's anticipated long-term success is a delicate balance. Investors can quickly diversify their holdings in a great way with mutual funds. Large Cap Stocks In contrast to individual stocks, investors can access a wide range of investment options by investing a small sum in one or more funds, as a single mutual fund may contain dozens of distinct securities. Additionally, mutual funds invest in a wide range of industries. Large-cap stocks or S&P 500 companies are investments made by some of the largest mutual funds. Others may concentrate on smaller businesses or specific sectors like the technology, health care, or raw materials industries. Again, selecting your investments would take a lot of time if you tried to match this with individual stocks. Convenience Mutual funds' ease of use is another reason why investors choose this investment strategy. When investors prefer to delegate their research and decision-making, they use mutual funds. Your portfolio's asset allocation will be determined by a money manager because of this convenience. Additionally, many mutual funds make it simple for investors to acquire stocks with a particular growth strategy or a particular industry. Several examples of readily available mutual funds by fxmag include the following: Sector funds make investments in businesses operating in a specific economic sector or industry. Value funds typically hold long-term investors and make investments in businesses that are undervalued. By investing in various debt instruments, including government and corporate bonds, bond funds generate monthly income. To Sum Up For individual investors, the costs of frequently trading stocks can quickly add up. As a result, the mutual fund takes advantage of economies of scale and frequently results in a lower cost per investor than if those investors were to purchase the investments themselves. To assist you in selecting mutual funds that are appropriate for your portfolio, most online brokers provide mutual fund screeners on their websites. Additionally, you can look for trading opportunities with bitcoin fast profit and low management fees or funds that can be purchased without incurring a transaction fee.

The following factors must be kept in mind in order to become a successful trader: creating a concise trading strategy. The objective of the trading plan must be understandable to the user. The trader needs to have faith in the plan in order for it to produce the desired results. This ensures that the strategy is carried out consistently over time. Perseverance, dedication, and expertise are the ingredients that lead to consistent market gains. Always adhere to a strict stop-loss policy and never be afraid to take losses. What are the trading eligibility requirements? The stock market does not require a minimum age to invest. Stock investments are open to both adults and minors. Leverage is another tool day traders use to broaden their intraday trade exposure. Getting Started as a Day Are you good at mathematical analysis, have a lot of financial knowledge, are you aware of behavioral psychology—both in yourself and in other people—and do you have the courage to start your own business? Long working hours. Little time off from work. Continuous self-learning without direction. As per fxmag, capabilities to take risks. Don't try day trading unless you're willing to put in the time, learn for yourself, and mentally prepare to take risks and lose money. Arrange Enough Capital No one can consistently make money. The game of day trading involves both brief and prolonged losses. Tharp made the point that entering the world of trading with only a small amount of money is certain to result in failure. Depending on their chosen trading strategy, trading frequency, and other costs, novice traders may start with smaller sums. You must keep your trading account's balance at $25,000 in order to day trade actively. Understand the Markets Day traders require a solid understanding of the markets' workings. The implementation of a trading strategy may result in failure if the characteristics and trading requirements of security are not clearly understood. Losses can result from ignorance of these securities-specific requirements. The trading of particular securities should be thoroughly familiar to prospective traders. Sign up at bitcoin up for more trading opportunities. Establish a Trading Strategy When beginning their trading careers, novice traders should select at least two tried-and-true strategies. In the event of failure or a lack of trading opportunities, both would serve as a backup. As one gains experience, one can move on to a larger number of strategies with greater complexity. The world of trading is extremely dynamic. Trading strategies can always make money for a long time but eventually fail. It is necessary to closely monitor the effectiveness of the chosen trading strategy and, depending on changes, modify, discard, or substitute it. Practice Money Management Assume you have $100,000 to trade and a great trading strategy with a 70% success rate (seven out of ten trades are profitable). How much should your first trade cost? What happens if the first three trades fail? Or, when trading futures or options, how should you divide your capital among the requirements for margin money? You can address these obstacles at fxmag and estimate your potential profitability with the assistance of money management. Even if only four out of ten trades are profitable, good money management can help you win. The trades should be practiced, planned, and structured in accordance with a specific plan for capital allocation and money management. Examine Brokerage Fees Day trading typically entails numerous transactions, resulting in high brokerage fees. Choose the best brokerage plan after conducting thorough research. Some features might be free, while others might cost money and hurt your profits. It is best to choose features based on your trading needs and not to sign up for features you won't use. Beginners should start with a basic brokerage package that meets their initial trading needs at a low cost and then upgrades to add modules as needed. Conclusion Once the plan is complete, test it on a virtual money test account (most brokers provide such accounts). Alternatively, the strategy can be backtested using data from the past. Keep in mind the costs of brokerage and the various utility subscription fees for a realistic evaluation. Start small and work your way up. With a smaller amount, try a new strategy and increase the stakes if you succeed. Keep in mind that markets and trading opportunities last forever, but lost money can be difficult to recover. Start small, try it out to get a handle on it, and then go big.

At the Digital Asset Summit in London this year, traditional banks, investment firms, and the most recent Fintech startups came together to talk about the opportunities and risks of the growing market for digital assets and cryptocurrencies. Here is my take on the main takeaways from the event and how those who are in charge of protecting digital assets from cyber attackers need to rethink their defenses right away. Cryptocurrency custodians are businesses that store private keys on behalf of others and provide asset security. The wallet is by far the most significant potential weakness of this infrastructure. The problem is figuring out how to keep this communication channel safest and keep the wallets safe from cyberattacks. Data diodes are hardware-imposed one-way data flows known as data diodes. The integration overhead between the unsecured network and the secure enclave is also increased by the deployment of two diodes, one inbound and one outbound. This is because the applications no longer "talk" using native protocols like HTTP REST or TCP; instead, they must use a protocol that the diode supports. XML/JSON Gateways Data diodes and XML/JSON Gateways can be used to secure communication, but there are significant security concerns here as well. Bitcoin Popularity After observing the price history of Bitcoin, those who were initially skeptical are now believers in the Bitcoin (BTC) community. Now, individuals are debating whether to invest in Bitcoin or other altcoins. The purpose of this article is to try to figure out why cryptocurrency has become so popular, who is using it, and why. Acquiring Decentralized Currency A decentralized cryptocurrency is a distinct form of currency. It does not have a centralized server that monitors transactions like a bank account or credit card company. Because it is decentralized, no one individual can limit the amount of money you can access. As per one of the articles at fxmag, cryptocurrency can be used anywhere. You can also use multiple currencies at once with it. Era of Digitalisation The best part is that you won't have to spend time converting them or pay fees for foreign exchange, which can be quite costly. This is due to its digital nature. There are no issues with exchange rates or cash flow! Pseudonymous cryptocurrencies are made to function in peer-to-peer networks, but they can also be used in public and large corporate networks. Bitcoin was the first cryptocurrency with no central authority. More cryptocurrencies have been created since then. Staying Confidential Cryptocurrencies are so safe. This is because there is no connection between your transaction history and your name or any other identifying information! Cryptocurrencies are not affected by inflation or deflation, either. There isn't a central bank for cryptos. Instead, they employ a distributed ledger system that is accessed by millions of computers worldwide. Anonymous Transfer Cryptocurrencies, in contrast to credit cards and cash, can be transferred anonymously. This is carried out without disclosing any personal information pertaining to either party. Because of this, cryptocurrencies are mostly used in place of fiat currency. It is also ideal for people who do not want their finances to be scrutinized by other governments or law enforcement agencies. Easy Verification The best part is that payment transactions are verified independently of a third party like a bank. As per fxmag, cryptocurrency transactions are now more private and secure. The anonymity provided by cryptocurrencies is a significant benefit that will entice individuals to return for more. Regardless of how you look at it, there appear to be some significant changes taking place in this market, whether it's the government's repression or the bold claims made by financial experts. Investment Opportunity Cash reserves are being devalued by the day as a result of rising inflation, making crypto an increasingly appealing investment opportunity. However, traditional investors and financial institutions, who have complained for a long time about being overly regulated, are still concerned about the absence of any regulation at all in the cryptocurrency industry. The idea behind making a bank's cash reserves liquid is that, unlike traditional banking, the cash itself does not move. This is why some financial institutions are looking into the possibility. Check out tesler for more trading opportunities. Instead, as metadata is sent between the banks, the "ownership" of those assets changes. Conclusion As a result, the gateway's software is vulnerable to attack and the attacker may be able to compromise the machine itself. In contrast to susceptible software implementations, the FPGA provides an independent data check by introducing hardware logic. It can be trusted because it cannot be altered by an attacker. To assist financial institutions in safeguarding their cryptocurrency infrastructure from cyberattacks, Forcepoint is actively collaborating with them. As a result, in order to get started with cryptocurrencies, you need to keep up with the latest developments on a daily basis.

Shares of publicly traded businesses are traded on the stock market. It provides buyers with the opportunity to boost profits without incurring the high costs of starting their own businesses, such as high overhead and start-up costs. On the other hand, by raising capital from investors through the sale of stock, businesses are able to expand rapidly. When a company buys a stock, it usually means that the company's value will go up and that economic activity will get more active. As a result, trading and ownership may benefit from investing in the bond or equity markets. It is commonly held that the stock market's performance is a leading indicator of the nation's economic activities. For instance, this year's markets reached record highs, and when GDP figures were released, they were better than anticipated. As a result, most stock market activity will incorporate upcoming events. In the modern era, however, almost all of the trading now takes place electronically using cutting-edge software. The stock market has been steadily expanding, as we have seen at fxmag. Employment opportunities in this region have also increased as the trading industry has grown. Society and education have always presented jobs like those of a doctor or engineer as the most prestigious. This has become a serious profession for which people now earn a living. Before beginning a career in the financial sector, it is always advantageous to have a background in finance, accounting, or commerce from an educational standpoint. It always improves the chances of getting hired as a new employee and aids in gaining a deeper comprehension of the position. Tips to Become a Successful Trader The following factors must be kept in mind in order to become a successful trader: creating a concise trading strategy. The objective of the trading plan at bitcodes is understandable to the user. The trader needs to have faith in the plan in order for it to produce the desired results. This ensures that the strategy is carried out consistently over time. Perseverance, dedication, and expertise are the ingredients that lead to consistent market gains. Always adhere to a strict stop-loss policy and never be afraid to take losses. Trading Eligibility Requirements The majority of traders are self-taught. However, a professional trader must initially comprehend the fundamentals of finance. The majority of traders have degrees in industry, mathematics, finance, accounting, or economics. One need not be over the age of 18 to begin, as there are clearly defined requirements. The stock market does not require a minimum age to invest. Stock investments are open to both adults and minors. Work of Day Trader Day traders are distinct from active traders, who might hold a position for a number of days, and investors, who might invest for a longer period of time. Leverage is another tool day traders use to broaden their intraday trade exposure. As per the fxmag, the majority of traders are self-taught. However, a professional trader must initially comprehend the fundamentals of finance. The majority of traders have degrees in industry, mathematics, finance, accounting, or economics. One need not be over the age of 18 to begin, as there are clearly defined requirements. Plan and strategy should be integrated. Having the right trading strategies is not enough to succeed in the market. The trading plan must take into account the following factors in addition to the strategy: How the strategy will be implemented (entry/exit strategy)? How much capital will be used? How much money will be spent on each trade Which assets will be traded? How often will trades be placed? The Takeaway Websites and courses that claim to guarantee day trading success or unending profits should be avoided by aspirant traders. Only a small number of day traders are successful because they devote their time and effort to developing trading strategies and strictly adhering to them. In this vast market for trading, day traders are on their own. Make sure you have the drive to learn new things, develop trading strategies, and take responsibility for your actions and decisions before deciding to quit your job to become a day trader.

Analysis of blockchain management may be broken down into two categories: governance of blockchains, which examines factors including networking rules and power structures, and administration by blockchains, which focuses on how blockchain technology can be used to enhance the decentralized, self-governing nature of provider enterprises. Distributed ledgers' potential uses in government administration have received less attention. Our analysis sheds light on how blockchains' decentralized and distributed characteristics allow them to link previously unrelated private and public entities to enhance the effectiveness and accountability of administrative processes. Most use cases for blockchain technology so far have not shown any significant benefits over more traditional methods of data storage and management. Our analysis also shows that blockchain technology has enormous promise for use in public sector governance, even though most current implementations have not progressed far beyond proof of concept. We finish by advocating for deeper study into why governments have not broadly adopted blockchains and for the creation of registries of public sector applications of blockchains, since none currently exist. Applications of Blockchain Technology in Government The governance implications of blockchain technology may be seen from a variety of angles. blockchain as a decentralized ledger, a distributed network, or a novel data store. Follow this! The Tool of Liberty: Blockchain An inherent skepticism in established governance institutions or a desire to flee from them underpins the view of blockchain as the latest tech of liberty. Blockchain's inherent honesty and integrity make it particularly well-suited when citizens distrust their government. From this vantage point, blockchains provide some independence from an unreliable authority by providing an alternate means of verifying data. States who have digitally mastered their public services and possess elevated levels of validity and a character for dependability and openness may benefit less from implementing blockchain owing to the relatively greater expenses of managing blockchains employing the concept of blockchain bridge. Blockchain technology may provide a new kind of trusting infrastructure in the face of corrupt governments. Because governments' fiat currencies may be subject to central bank collusion or ineffective monetary policy, cryptocurrencies provide a unique chance for nations to experiment with new approaches to money. Towards A Polycentric Blockchain-Based Enterprise The second way to look at blockchain is as a multi-regional business. Smart contracts are a revolutionary component of blockchains because they make it impossible to change the conditions of an agreement after the fact. The reason this occurs is that agreement's terms are written into coding and prompted to be carried out by information that can't be changed by the participants in the contract. In this respect, blockchains, particularly public or private blockchain networks, provide end-to-end contracts. Because blockchain activities are often irreversible, distributed autonomous organizations (DAOs) significantly minimize dependence on conventional company law or reliable third parties. Blockchains, despite their innovative features, are subject to regulations imposed from outside. Institutions with a polycentric structure are layered inside hierarchical ones. Arguments concentrated on what the legislation regulating innovative methods should look like, even though initial internet and telecom companies were typically self-governing. Blockchain: A Novel Type of Database A further perspective considers blockchain to be an innovative kind of database. Blockchain indeed offers a different set of benefits than other ledgers have, but at its core, it's still just a database. The state's information might be replicated on the blockchain, making the state's data management system more secure. When thinking about the database perspective in the framework of public domain administration, it's crucial to understand what it represents in comparison to earlier databases.  Blockchains in the Business Sector Personal Information Numerous individuals' private details are recorded by government agencies. Hackers often target personally identifiable information to get access to the advantages associated with it via fraud or exploited access keys. Blockchains provide the possibility of autonomous identification in settings where security is a concern or when governments could not be trusted with such data. Our research makes it clear that governments or other trustworthy third parties must play a significant role in authenticating personal data stored in distributed systems.  Public Sourcing One additional area where blockchains have been adopted and show potential for development is in the fight against corruption in public procurement. As a means of improving the transparency and effectiveness of government expenditure, governments are increasingly turning to outsource. Because of the increase in outsourcing, more chances for bribery have arisen. Distributed Networks for Public Sector Service Provision Grants are often distributed by governments, although such funding is sometimes prone to incompetence and, in certain cases, corruption. In addition to lowering service quality, excessive paperwork may slow down service delivery. Rises in expenditure during times of crisis may lead to problems like corruption (the manipulation of public money for private benefit) and fraud (the loss of cash by people). Tornadoes, for instance, often uproot people, who might just afterward lose contact with their official identity documents. There has already been greater experimentation with delivering public services in the realm of procurement, but this is not the case in delivering services, where technologies are still being adopted. Public Health Since not all stakeholders are utilizing the same data system, the decentralized and distributed nature of blockchain makes it an appealing alternative in public health. A problem with disinformation and the necessity to integrate data on vaccinations were brought to light by the recent coronavirus epidemic, highlighting the significance of public confidence in public health interventions. To better record and communicate information about medical studies, test data validation, etc., blockchain might be used. Public Finance In the realm of taxation, nations have made notable strides in adopting blockchain-based alternatives. Verifying taxpayers and their economic activity and property are essential for effective tax collection. Corruption and bribery add to the flaws already present in the tax system. Evidence of tax benefits from small-scale applications is promising. Revenue, transactions, corporate, and wealth taxes all add another level of complexity to the tax system. Charities are exempt from these requirements. While blockchain was already effectively applied for certain sorts of transactions, this has not yet been done for all taxation systems. Blockchain-based currencies (cryptos) or tokens have received widespread acceptance from large businesses as a form of payment, and platforms like Bitcoin Prime have performed a crucial role as trustworthy mediators in this development. Democracy Voting systems are another use case for blockchain technology. Voter fraud is an issue that has plagued democratic political systems. Blockchain has the potential to enhance democracies by giving an irreversible log of votes and facilitating more reliable and secure authentication of voters, which would lead to more trustworthy elections, more reliable voter registrations, and less tampered elections. Conclusion Blockchain is the first functional distributed ledger, with the potential to facilitate commerce between people and organizations without requiring a central authority. The most important takeaway from our assessment is that blockchains provide prospects for practically all areas of public administration; this would not be obvious from any particular examination of blockchain applications to the government in a single domain (such as voting). The research we conducted also shows that governments may employ blockchains to create a more secure economic foundation.

When you properly fund your DAO, you can be certain that these communities will be able to carry out the initiatives they set out to do when the DAO was first created. DAOs are groupings of individuals who have the incentive to coordinate the management and distribution of a common pool of resources. The worth of a DAO can be measured in two ways: first, by the wealth management, which could be accessible in regards to fiat or cryptocurrency tokens, and second, by the assets that DAO participants deem useful but that might not possess significant value in the form of liquidity, such as administration tokens or DAO shares. When you continue funding your DAO, you can be certain that these groups will be able to carry out the initiatives they set out to do when the DAO was first created. DAOs may be funded in a variety of ways, including via contributions from DAO participants, coin sales, venture money, income from decentralized finance (DeFi) protocols, and the selling of non-fungible tokens (NFTs). While we cover methods of generating revenue at the DAO level in this article, it's worth noting that Guilds (or subDAOs) may also submit projects that contribute to the central fund. Different Methods Of Generating Funds: Let's Compare And Contrast Tokens Distributed autonomous organizations (DAOs) often finance operations by selling or giving away "governance tokens" to individuals who make meaningful contributions to the DAO. In order to start funding the DAO's operations, the first step is to issue tokens. Voting rights and ownership may be decentralized via the use of tokens. These distributions may occur in a few different ways: Comparable to ICOs, Initial DEX Offerings (IDOs) allow a program's native token or currency to be issued via a DEX such as a Bitcoin Code in order to raise funds for development. DAICOs are a new kind of ICO that aims to make it easier for token holders to get their money back if they are dissatisfied with the project's development or direction. VC Backing For financial support, several DAOs approach venture capital (VC) firms. Syndicate DAO, which successfully solicited investment this year, is a prime example. It is crucial, however, that DAOs not enable VCs to possess over 10% of the society or administration currency. The crucial decentralized structure of DAOs is jeopardized if VCs are given too much control over the organization's management. Investment DAOs A second option for DAO finance is to encourage business from other DAOs. Investment DAOs are a novel approach to managing venture capital firms, just as DAOs are a novel kind of corporate organization. These groups are authorized to collect funds in favor of DAO users and then invest that money in various protocols. While traditional venture capitalists solicit funds from wealthy founders or larger VC firms, investment DAOs operate more like crowdfunding platforms, with anybody able to purchase tokens that are subsequently invested in community-approved initiatives. The profits made from running these protocols are utilized to fund the DAO's finances. Similar to the conventional venture capital approach, DAOs interested in investing in venture DAOs might gain from the counsel and contacts provided by these organizations. NFTs For example, NFTs may be used in DAOs as a kind of capital. DAOs may also issue their own NFTs, collect NFTs, or issue IPNFTs to support their operations. DAOs may quickly and efficiently generate cash without compromising on governance by establishing a group of NFTs or releasing an NFT for purchase for a specific purpose. The proceeds from the sale of NFTs may be invested into the upkeep of a project, with the rewards accruing to purchasers. Of course, some DAOs include NFTs in their investment strategy. The worth of a DAO's budget rises if the cost of an NFT rises, however, this is not always accomplished via collection alone. Grants and Online Fundraising Crowdfunding and donations are common sources of revenue for DAOs that provide public benefit. Such initiatives may take the form of Gitcoin awards, grant applications, or crowdfunding methods. Constitution DAO is a good illustration of this kind of organization since it was created for a specific goal and uses a specific protocol (Juicebox) to do so: money-raising. It's important to note, however, that DAOs can't successfully apply for grants or crowdfund without having a cause their members care deeply about. Real-World Assets Conventional commodities, like real estate, are another way that DAOs are diversifying their financial holdings. Options to spread risk and boost income may be found in the use of tangible assets. Because more DAOs are projected to engage in these commodities, we feel that the gap between true investments and the DeFi ecosystem is finally narrowing. Conclusion The best method of funding a DAO might vary depending on its purpose or the sort of DAO it is. Is it a communal DAO or a DAO for investments? Or does it serve just one function, like the Constitution DAO? Obtaining and keeping a healthy financial reserve will need testing out various strategies until you discover the ones that work best for your initiatives. DAOs are based on groups of people cooperating on some kind of goal or sharing some kind of interest. And from there, members may pool their resources and coordinate their efforts to maximize value.

As a result of the advent of the business's enterprise edition, organizations already have accessibility to MetaMask via programmatic methods. This was previously unavailable. Using programmatic access, companies will be able to interact with Web3 by utilizing their application programming interfaces (APIs). They will be able to design scripts to fulfill sophisticated execution strategies on a variety of DeFi protocols, as well as build, modify, and automate scripts to speed up transaction building, confirmation, and signing. These capabilities will be made available to them as a result of this. As more and more organizations join Web3, MetaMask Institutional (MMI) has shifted its focus to meeting the diverse requirements that these organizations have in order to participate in the ecosystem. Among these options and features are those for ensuring compliance with regulations, keeping tabs on activity, and generating reports, among other things. Instead of accessing content via a traditional user interface, one of the most common requests that we've received is for access to be provided through application programming interfaces (APIs) (UI).  Because of a variety of factors, businesses that use complex trading techniques could need direct API access to Web3 in order to fulfill certain business needs. There is a need to carry out several transactions across a number of different decentralized applications (dapps) and/or different custodians. There's a pressing need to automate some procedures in order to handle the daily influx of thousands, if not thousands, of customer interactions. A tendency, for reasons related to security, to restrict the amount of contact with the front ends of DeFi apps. Companies investing in DeFi no longer need to utilize our web browser or investment panel to link with MMI; rather, they may do so via the usage of Interfaces made possible by programmatic access. All of the aforementioned may be accomplished with the help of MMI's comprehensive institutional interfaces, allowing businesses to streamline their operations for quicker transactions and signatures. This should allow businesses to speed up payment processing and signature by automating related operations. May you explain how I might make advantage of the programmatic interface? How Can I Use Programmatic Access? By the end of the trimester of 2022, we had released an open-source SDK written in Python. This SDK is integrated with all of our members. This indicates that businesses are now able to employ code to facilitate and submit a transaction payload directly to their preferred custodian for the purpose of signing. Just the way platforms such as Ethereum Code employ the same concept. In order for businesses to begin using programmatic access, they need to sign up for MMI and collaborate with one of our custodian partners. They are going to require access to something called a "refresh token," which will be issued by their custodian. A JSON web token, also known as a refresh token, is basically a compact, secure, and speedy method for two parties to authenticate and share information with one another. Authentication is performed inside the UI. After installing the MMI Python SDK, organizations are able to quickly create a client for their custodian by using a simple method. After they have obtained their refresh token from the custodian they have selected, they will be able to authenticate their API and will then be able to access DeFi and Web3. Why Is It Important? Organizations are granted the opportunity to execute programmatically across different custodians by virtue of MMI's programmatic access feature. An organization may easily establish transactions across all of its preferred custodians by connecting to a single unified SDK rather than needing to connect to each custodian separately. They are able to achieve this as a result of the fact that MMI unifies all custodial APIs. Using the Python library provided by MMI, businesses are given the ability to construct scripts that design intricate execution methods. For instance, a company might develop a code to execute several withdrawals and loans into a credit facility; initiate a swap on a decentralized exchange based on a given price behavior; or construct automated equilibrium algorithms for stability provisioning positions. All of these tasks may be accomplished via the use of a script. The Python library that is provided by MMI is designed to serve as a foundational platform at the highest point at which companies may build their own scripts. The team also plans to expand this library further in a variety of ways in order to make the process of designing multiple execution strategies as straightforward and user-friendly as possible — much like adding basic components atop the foundation layer. Conclusion Our goal is to integrate all companies into Web 3, and we are always working to develop new products and services in order to make this goal a reality. A component of this progression is the introduction of programmatic access, which comes with an expanding Python library. In conclusion, we are able to declare that the future of this endeavor has a great deal of potential because of the programmatic access provided by Metamask.

Users may engage with DeFi in whichever way they see fit, regardless of the public blockchain they happen to be using. The fragmented structure of the current implementation of blockchain technology and Web3 is one of the main obstacles preventing their widespread adoption. Users of a single blockchain, like Ethereum, can easily engage with the distributed apps created on that blockchain, but users of other blockchains, like Polkadot or Avalanche, still have a hard time talking with one another. This forces consumers to spread their funds out over many chains, whereas developers waste time and energy on unrelated projects. Token trading on controlled markets is one method consumers connect across blockchains at present (CEXs). A major feature of CEXs is the facilitation of purchase and sale transactions between members, much like a standard stock market. Cross-Chain Interoperability Cross-chain interoperability requires an understanding of why two blockchains can't communicate with one another in the first place. A blockchain is a distributed ledger that records all of the transactions that take place on it and do so in a way that makes it impossible to alter the original data. If two blockchains want to communicate information, they must first settle on a common state and then retain an immutable record of every transaction made on the other blockchain. This technique is not easily scalable due to the large volume of data that must be sent between the two blockchains. Consider implementing this for every possible pair of blockchains that want to communicate with one another. This issue is addressed by cross-chain interoperability, which facilitates the transfer of data and value across blockchain networks. It allows two blockchains to communicate with one another without the need for a central exchange. Why Is Cross-Chain Compatibility Crucial For DeFi? The value of the whole DeFi ecosystem has increased to $40.82B, with Ethereum being responsible for approximately 58% of that total. However, without blockchain compatibility, consumers of non-Ethereum blockchains like Polygon and Avalanche are excluded from the greatest DeFi ecosystem's value creation. You may think of each DeFi ecosystem as its own economy, but without the ability to communicate with others, it would be impossible for any of them to grow to any significant size. More people will use DeFi if transactions can be sent and received across different chains. More value will be generated for users interacting with DeFi if they are permitted unrestricted access to its protocols on all blockchain networks. More people may utilize Web3 and DeFi if they are easier to obtain. As the DeFi community grows, so does the sum of money available for banking, lending, staking, and increasing crop yields. As a result of cross-chain compatibility, customers are no longer restricted by the peculiarities of a single blockchain; for example, they may avoid the greater fuel prices of Ethereum as well as the poor stability of other platforms. To facilitate the movement of crypto assets among chains, programmers may also make primitives. DEX-Based, Cross-Chain Trade Using a method known as atomic swaps, users of decentralized exchanges (DEX) like Ethereum Code may trade tokens amongst each other. Atomic swaps are a kind of trustless peer-to-peer trading that uses smart contracts to connect two separate digital wallets. The hashed timelock contract (HTLC) is used in atomic swaps to determine when the exchange must be finalized. Both parties must present cryptographic evidence of ownership of the assets being exchanged before a swap may take place. If either party fails to provide the required evidence within the allotted period, the HTLC smart contract will automatically restore the digital content to the respective wallets. Blockchain Systems With Interoperability IBC technologies are the third and, perhaps, most successful method for facilitating cross-chain cooperation. Employing smart contracts hosted on each respective blockchain, IBC enables decentralized networks to seamlessly share information and assets with one another. At now, IBC is primarily utilized by the blockchain systems in the Cosmos environment, whose ultimate goal is to create a decentralized blockchain web. The LayerZero protocol is yet another implementation of IBC. It aspires to serve as the foundational layer upon which all blockchains rest, including Layer1 and Layer2 blockchains, facilitating interoperability between them. Cross-chain Interoperability Threats Though advancements have been made to allow for the transfer of value across different blockchains, there are still significant restrictions. For instance, a bridge is a complicated technique because it must negotiate between two independent blockchain ecosystems written in different languages. Because of its complexity, there are more ways for it to be hacked or exploited. There are certain security concerns with bridging, and Vitalik Buterin has voiced those concerns as well. The bridging procedure is also vulnerable since it results in massive pools of assets being trapped in a single contract on a single chain. By combining resources in one place, hackers have access to a possible weak spot in the system. Chainanalysis, a business that analyses data on cryptocurrency theft, estimates that bridging hacks will account for 69% of all cryptocurrency lost in 2022. However, atomic swaps may be complicated and time-consuming due to the number of processes involved. Conclusion Cross-chain interoperability techniques are still widely used because they provide customers with low-cost, high-speed access to the potential of DeFi and Web3. Since MMI is interoperable with all EVM protocols, it gives businesses the most possible flexibility in how they use it. While all EVM blockchains and Layer2s are accessible through MMI, a company's actual use of these features is contingent on the EVM chains maintained by its selected custodian. Screenshots and transactional notes for a total of 13 EVM chains are only two of the reporting options made available by MMI. MMI is the only provider that can provide secure, efficient, and compliant DeFi access for any institution.

The launch and success of Metanet are new phenomena in the Bitcoin ecosystem. Metanet provides the framework necessary to guarantee that a currency as complex and nebulous as Bitcoin operates as intended and without hitch. The Metanet network "runs on Bitcoin and is powered by Bitcoin." It's like Bitcoin's version of Internet 2.0, except safer. In this article, we will discuss some of the most significant components of the Metanet and throw some light on them. Bitcoin, and the Metanet Bitcoin has made it feasible to send encrypted data across public and private networks, with the bonus of fast, reliable verification thanks to blockchain technology. Check out exchanges like Crypto Boom and eToro if you want to try your luck with Bitcoin. Bitcoin's capacity to create worldwide identities and allow people to control their intellectual property in a decentralized network is a key feature. This makes it simpler to identify and punish wrongdoers, and it makes it very difficult, if not impossible, for fraudsters to propagate misinformation by creating several phony accounts. The Metanet places a lot of importance on this. For the avoidance of doubt, let it be known that Metanet does not render useless either of Bitcoin's supplementary functionalities. It instead serves as an auxiliary component to preexisting infrastructures. It's not mandatory, but it does provide a more level playing field and a more secure environment online for everyone involved. The Distinctive Features of the Internet and Metanet User data is the internet's most valuable commodity, yet its true worth is often hidden from the public eye behind walls of secrecy and corporate control. Many popular applications and websites are offered to users for "free," but in reality, the data users generate while using these services is sold to advertisers. In the context of cybersecurity incidents that have failed to safeguard members' reasonable expectation of privacy, namely the Cambridge Analytica and Facebook debacle, wherein Cambridge Analytica gathered the information of numbers of Fb consumers without their knowledge for the specific goal of political marketing, it is consoling to understand that your information may be kept secure via autonomous control using Metanet software. The goal of Metanet is to make it possible for people to retain full ownership of the data they provide while simultaneously revolutionizing the data market. A user's data is their own on Metanet, and they may establish their price for selling it and choose which applications and services have access to it. The Metanet, then, is an alternative to the Internet that is both private and financially rewarding in a different way. In the case of Twitch, a social networking service built on BSV, users have complete control over their data and content. With Twitch, users may monetize their shared material based on its perceived value to other users. Consumers spend monetary transactions (e.g., $0.02 per post) for each move they perform on Twetch, covering the expenses of publishing and maintaining information on the blockchain, as well as a small part of such transactions also goes to Twetch, eliminating the requirement for them to monetize customer information for revenue. As was previously indicated, the user retains full ownership rights to any original material they produce and publish online. As a result, the user receives monetary compensation if some other user engages with the content in some way (such as by commenting or sharing). Furthermore, private key authorization is required to access social media accounts in the Metanet ecosystem. The Potential Social Impact of the Metanet Imagine a world where companies have no incentive to collect your personal information when you use their products. That would put you in charge of your information and privacy, rather than the other way around. Let's have a look at the potential societal impacts of the Metanet. Your information belongs to you. The biggest and best thing Metanet has done is make it so computer firms can't spy on you. If you buy a service or product online, you will have control over the data used by it and may decide who gets access to it and when. A digital persona will be established for you. To access Metanet, each user will need a unique password that serves as their digital identity. Users' identities (fingerprint, facial recognition, iris scan, etc.) are encrypted on Metanet and used for payment, identification, verification, and authorization. Your private information would be safe from company-prying eyes. Businesses may use your personal information with Metanet for a fee, but only if you permit them to do so. Thus, To Sum Up At the moment, consumers are voluntarily disclosing their data. Even though you have to pay to do anything on the Metanet, there are methods to get money back, which speeds up the economy. Metanet's key selling point is the privacy and security it provides, as well as the superiority of its data storage and organization. Think of a place where you can post anything you choose online and yet have full control over your data and the material you create. The Metanet is a mind-boggling idea, and although it has its share of difficulties, it ultimately aims to revolutionize the ways in which individuals get access to and interact with online material and conduct e-commerce.

It won't come as a surprise to learn that there are many reasons why buying property using cryptocurrency is a good idea right now. In an era when cryptocurrencies are taking over the world, the real estate industry is just the latest to adopt digital currency. As a result, there has been a dramatic shift away from the use of fiat currency and toward cryptocurrency transactions. Bitcoins are accepted in real estate deals in major global cities including Los Angeles, London, and Miami. The recent news that architects in New York & Dubai are using cryptocurrency in their projects has given crypto an additional boost, particularly in Dubai. Dubai is an investor's paradise thanks to its thriving economy and prime location. We recognize that not everyone reading this is a crypto-whiz, so we've developed a list of benefits to investing in real estate with cryptocurrency. Cheap Transaction The largest benefit of using cryptocurrency to purchase property is the reduced transaction fees that come with doing so. When making an overseas transfer of funds, it is common practice for banks and other intermediaries to collect their payments. Cryptography, however, is not one of them. By passing middlemen in real estate transactions, cryptocurrencies connect buyers and sellers directly. Additionally, trades can be completed rapidly and at reduced costs for both parties. To learn more about this topic, connect to reliable trade assistance sites like bitsoft360 and earn genuine trading details. Speedy & Timely Payments As was previously noted, in today's digital world, communicating with someone on the other side of the planet takes less than a second. Therefore, the quickness with which funds may be transmitted is another advantage of adopting cryptocurrencies to buy real estate. Bitcoins, or another cryptocurrency, can be on their way to their destination within seconds, but traditional bank transfers of significant sums of money might take days or even weeks. On the contrary, digital currency transference sites like bitsoft360 have further saved the lives of real estate investors with their advanced trading mechanisms. All that is required is the transfer of the agreed-upon sum; once the blockchain has confirmed the transaction, the funds will be deposited into the designated account. The Endless Advantages Of Transparency Once the transfer has been completed, the cryptocurrency can be converted into fiat money without the usual verification procedures. In cases like this, the company or authority in question will ensure that Bitcoin purchasers' identities are authentic. Permission is then given for the final phase of procedures. This makes the process clear and allows for a simple audit of the whole system. Because of this, the transparency of using bitcoin to purchase real estate in Dubai is a major benefit. The Digital Commodity Protection Shield Cryptocurrency transactions for the purchase and sale of property are among the most secure because of their emphasis on complete openness. Why? Given that the process of making a purchase typically involves exchanging digital currency for fiat currency. This ensures that no outside parties can challenge the legitimacy of the transaction or raise any other concerns. The money never leaves the crypto sphere, and as soon as you pay, you're guaranteed to get the property right away. Trade assistance sites like bitsoft360 provide you with unrivaled guidance due to the competence of our team. Have a look around this page to find out why the bitcoin market is so advantageous. Paperless, Hustle-Free Documentation Work Another useful benefit of paying for a home purchase using cryptocurrency is the reduced amount of paperwork involved. For as far as any of us can recall, purchasing real estate has necessitated completing a mountain of documentation. Due to the sheer number of people and organizations involved, even the seemingly simple process of closing a real estate transaction became a Herculean and time-consuming endeavor. With crypto, we no longer need to waste time with unnecessary paperwork. The processes take much less time and are much shorter. To a large extent, this success is attributable to blockchains, whose very advanced system generates a plethora of methods to manage monetary transactions. There would be one watchdog group responsible for ensuring the honesty of fiat currency. By taking these measures, not only is the closing process sped up, but the real estate also becomes a more liquid investment. The Decision Is Yours It is currently relatively simple to use bitcoin to make real estate purchases in any country, even Dubai. In this article, we will discuss five significant benefits that are available to you without a shadow of a doubt. The use of virtual currencies like Bitcoin is increasing in popularity. Those who are embracing it are going to reap the benefits. So do not hesitate. Find ways to increase the return on your investment.

The whole crypto market valuation fell from almost $2.2 trillion at the start of 2022 to under $850 billion in December, making for a turbulent year for crypto investors. Several well-known bankruptcies in 2022 precipitated a severe decline in valuation. With the demise of its LUNA coin and TerraUSD (UST) stablecoin, the Terra ecosystem as a whole collapsed. Three Arrows Capital collapsed after this black swan occurrence, and FTX was finally brought down by a bank run and implosion. These consecutive developments appear to have been the most detrimental to the cryptocurrency sector as they produced a credit and liquidity constraint. While investors' patience may be tried during a prolonged down market, this is often the greatest time to purchase cryptocurrencies with strong fundamentals at discounted prices. Those who are able to invest during times of panic, when the majority of people are selling, stand to gain the greatest when the trend reverses. BTC/USDT Until Bitcoin BTC begins an uptrend, the cryptocurrency market as a whole is unlikely to begin a new bull phase. In order to validate a trend change, however, positive divergence needs to be accompanied by bullish price movement. The $17,622 level must be turned into support by the bulls before the trade can be considered official. That might set the stage for a surge to the $25,211 level. However, the currency is traded under wise trading suggestions via trading bots like bitcoin trader and otters for better income. ETH/USDT Ethereum (ETH) has been on a steep decline, but there is some good news: it appears to be finding support around the key psychological barrier of $1,000. Repeated gains close to the 20-week moving average ($1,428) are also indicative of occasional purchasing by the bulls. The sellers have failed to drag the ETH/USDT combination to the June bottom of $881, showing traders are purchasing the dips, despite the fact that three recoveries in the last weeks have been rejected at the 20-week EMA. Several bears may close their short bets if bulls lift the price just above a 20-week exponential moving average and keep it there for an extended period of time. Because of that, there is a chance of a surge to the $2,030 resistance level. The 50-week simple moving average ($1,977) is close by, therefore it's possible that this level may present a significant challenge to the bulls. A dual bottom pattern will be formed if buyers are able to push the price beyond $2,030. Potentially problematic for the bulls is the area between $3,600 and $4,000. MATIC/USDT There are a number of big cryptocurrencies trading around or near their June lows as per the report by trading bots like bitcoin trader, but Polygon stands out as an outperformer by trying to create a base high above its annual low. The more time passes with the price being rangebound, the more powerful the subsequent breakout will be. It's possible that a rise above $1.30 could be more likely if the price breaks $1.05 in the near future. If that occurs, the pair may gain enough bullish momentum to break beyond the $2 threshold. Alternatively, if the price drops below $0.69, the bears may gain the upper hand. The exchange rate is at crucial support of $0.31, and it could drop to $0.40 before it finds a bottom. TON/USDT Since bottoming out at $0.74 in June, Toncoin (TON) has already been making steady gains. In October, buyers put in a stronger low at $1.18, indicating strength. The bulls need to raze their way through overhanging territory if they want to keep their advantage. There is nothing in the way of resistance over $2.50, so a sustained move above this level might bring in a lot more buyers. Upward momentum may continue toward a potential $4.26 price point. The TON/USDT price action has met strong resistance at $2.15-$2.50. The pair might fall to $1.18 if they achieve that, below the 20-week moving average of $1.61. In the event of a breakdown in support, the pair might fall below $0.74, it's level in June. To keep their edge, the bulls will need to charge headfirst into the territory above them. There is nothing in the way of resistance over $2.50, so a sustained move above this level might bring in a lot more buyers. If the price continues to rise, $4.26 may be the next target. QNT/USDT The value of one Quant (QNT) token increased from $40 in June to $228 in October. While the market is still in a bearish condition, the recent upswing is a clear indication of investor interest. While the price has retraced much of its earlier gains, buyers near $87 are attempting to shape a higher low. Traders might profit by purchasing near the range's support level and selling near its resistance level. The pair's potential speed and rise to $325 is dependent on whether or not bulls can push the price above $228. If the pair is able to break over this resistance, they may be able to head back up to $430, the previous high. A reversal and subsequent breach below $87 would be reported by trade analysis forums like bitcoin traders indicating that bears had taken control of the market. After that, the exchange rate between the two currencies might drop below $50. The Final Thoughts Swift progress is being made in the cryptocurrency sector toward universal adoption by the entire global market. Exponential growth is characterized by a gradual onset followed by a dramatic acceleration. The four previous cryptocurrency market bull runs have all finished in stratospheric price bubbles, retracements, restructurings, and then the next rise up to the next bull run, so we know what to expect.

The implosion of FTX in 2022 had far-reaching effects throughout the cryptocurrency sector, and the meltdown of Terra Luna and the halving of Bitcoin's value that year didn't help matters. Even while experts disagree on whether Bitcoin will bounce back in 2023 or not, the cryptocurrency market is expanding in exciting new ways thanks to the influx of new currencies and blockchain-based technologies. The debate is still on a cliff-hanger, especially after the increasing usage of trade bots like the bitcoin loophole and others. Let's go ahead a year and see what's predicted to be the most prominent market trends. 1. Stricter Cryptocurrency Rules Stronger crypto regulation has been called for at a higher volume than ever before. In large part as a direct reaction to the FTX debacle that occurred due to colossal failures in administration, insufficient stockpiles, and the narrow capacity of audits, voices are now being raised from all edges of the financial, judicial, and government arenas, in addition to consumer rights advocates. Therefore, the integration of reliable trade assistance bots like bitcoin loophole and others are here to keep an eye regarding the obedience of stricter oversight, stricter crypto market laws, and stricter enforcement are all anticipated to occur in 2023. 2. Digital Currencies Backed by Government Agencies (CBDCs) Since the emergence of the Bahamian Sand Dollar in 2020 and the helicopter release of the Chinese digital Yuan at this time last year, CBDCs have been gaining popularity, with the Chinese digital Yuan having millions of users and billions of dollars in transaction volume and being accessible in over 20 major cities. High hopes rest on the 2023 debut of CBDCs denominated in the pound, the dollar, and the euro. By early November, research on the digital euro's rationale, pros and cons, and guiding principles had made significant strides in Brussels. It's not a competition, but the European Union is far along in its investigation of a digital currency issued by a national central bank (CBDC). 3. Inflows into Stablecoins Have Increased Crypto markets have been volatile, and as a result, stablecoins will likely receive more attention in 2023 as investors seek a sanctuary from the market's swings. Stablecoins are more secure than other cryptocurrencies because they are linked to more reliable underlying assets, including the U.S. dollar or even the value of commodities like gold. It's possible that they'll utilize an algorithm for supply management. 4. Rising Cryptocurrency Arbitrage Trading Robots The present crypto market is ideal for arbitrage due to its low-risk automated nature and ability to create continuous profits regardless of market direction under the supervision of AI-based bots like the bitcoin loophole. It is effective because it takes advantage of short-term price differences between markets, which happen in the same frequency in bull and bear regions. When an asset is listed at different prices on several exchanges, an algorithm will scan all of them at once to find these price discrepancies. Next, it will purchase the item at the lowest possible price and then sell it at the greatest possible price for a profit. 5. New Breakthroughs in DeFi In a decentralized financial system, known as DeFi for short, all financial transactions are carried out in a public ledger using smart contracts without the need for government intervention or intermediate banks. Despite the rapid growth and steady stream of new features and applications, blockchain technology is still relatively new, and the adoption of decentralized financial products like staking, borrowing, Swaps, LPs, and dividend farming is expected to increase dramatically in the near future. The Silver Lining In addition, throughout the course of the following year, there will be a myriad of additional incarnations of DeFi services made available. For example, the aforementioned ArbiSmart initiative will adopt a DeFi protocol accompanying a yield farming system that features new gamification components during the first half of 2023. Utilizing ArbiSmart NFTs that have one-of-a-kind game features is one way that the yield farmer may boost their staking income. Even though currencies had a terrible year in 2022, the industry is continually evolving and changing and the following year will present innovative and tempting new opportunities for senior investors as well as newbies in the world of digital money, as evidenced by these patterns for 2023.

The cryptocurrency market experienced some of its greatest upheaval in 2022, which was one of the most tumultuous years on record. To begin, Bitcoin and Ethereum had both lost roughly 64% of their value by the time this article was written, which is more than half. In November 2022, FTX was the topic of conversation due to a liquidity shortage that amounted to $8 billion and Binance's withdrawal from an agreement to acquire the struggling exchange. What the Year 2023 Has in Store for the Cryptocurrency Sector? In light of the turmoil that occurred in 2022, we anticipate that the prices of cryptocurrencies and the rate of their acceptance will gradually increase in 2023. Trade analyzing bots like the bitcoin era and others with laser eyes are constantly hopeful about Bitcoin reaching $100,000, although this may be an unlikely event to take place in 2023. Will the year 2023 show to be a watershed moment for people who use cryptocurrencies? Will the price of Bitcoin, Ethereum, and other stablecoins continue to be as unpredictable as they have been this year, surge, fall, or remain the same? Will the unexpected impact of FTX result in new legislation that is more stringently enforced by regulatory watchdogs? As we say farewell to the year that has just passed and welcome 2023, it is essential to identify some upcoming developments in the cryptocurrency market. Governments To Launch Centralized Cryptocurrency Initiatives In 2020, the Sand Dollar will replace the Bahamian Dollar as the country's official digital currency, and the Bahamas will be the first nation to do so. China has taken the initiative to test and deploy the pilot edition of the virtual Yuan in the initial week of Jan 2022. Currently, it can be found in 23 large cities, but the government is working on expanding its availability throughout the entire country in the following year. In the domestic market, the e-CNY app may be downloaded from the iOS or Google Play stores and used to purchase and trade digital Yuan. We anticipate the introduction of digital currencies for the US Dollar, the British Pound, and the Euro in the year 2023. Stablecoins, Or Stable Assets: An Increment To Come Investors seek refuge in solid assets during uncertain times. Stable assets, or stablecoins, are a type of cryptocurrency seen as less prone to price swings than more popular digital currencies like Bitcoin and Ethereum. For this reason, they are highly recommended for those wishing to hedge their portfolios against market fluctuations. However, traders can also connect with trade assistance bots like the bitcoin era to earn wise trading suggestions. DeFi: The Attention-Seeker More frequently than you realize, you encounter the term "DeFi" in your crypto-related endeavors as a trader or researcher. DeFi, an acronym for "Decentralized Finance," describes a parallel economy and investing system that makes use of blockchain and digital tokens. All financial transactions in a decentralized system take place in a public ledger and are not subject to the control of any central authority. Through the use of "smart contracts," DeFi facilitates transactions that would otherwise require the involvement of a bank. This is the polar opposite of the current financial system, in which all transactions are recorded in centralized databases. By creating the first cryptocurrency to support smart contracts, Ethereum has a significant leg up on the competition. To this day, smart contracts built on the Ethereum network have the best support. However, DeFi remains in its infant stages, just like the earlier iteration of the internet, when chat rooms or colorful webpages dominated the web. Digital payments, the development of remote labor, and other examples of the internet's full potential didn't emerge until the 2000s. Memecoins Production: A Big YES Dogecoin, which began as a meme in 2013 after a picture of a Shiba Inu went viral, has since grown in popularity and is now worth $13.71 billion. This pattern is expected to persist till 2023 when there will be approximately 200 meme-circulating coins. Tamadodge is the newest meme coin, and it may be earned through gameplay or purchased with real money for usage in-game. All these coins are made accessible through assisting trading bots like the bitcoin era too. NFTs Comeback: It's Skeptical In the realm of crypto, where everything is constantly altering, all of that may change in an instant. Opensea is the initial and largest marketplace in the world for digital collectibles and non-fungible tokens (NFTs). The monthly trading volume experienced a startling drop of 94%, falling from $4.86 billion in January 2022 to just $303 million until October 2022. This decline was recorded. What's Coming Next? What cryptocurrencies will alter in value and where we are headed in 2023 is unclear, despite the predictions of experts. Institutional investors will push for more rules to be put in place, and cryptocurrency exchanges will continue to grow. Exciting possibilities exist in the year 2023 due to the existence of the Metaverse, and NFTs, as well as the opportunity to create a digital territory. Prepare yourselves for the approaching year.

As the cryptocurrency industry continues to expand, crypto-based activities have emerged as one of the most popular methods for people to earn cryptocurrencies while also having fun. This is especially true for individuals who do not have the resources or the desire to mine cryptocurrency on their own. A reliable trade assistance site crypto boom has analyzed a variety of crypto gaming projects in order to determine which ones should be added to the to-do lineup of any individual who is interested in cryptocurrencies and gaming during the first month of the year 2023. This analysis comes at a time when the new year's first month is rapidly approaching. Gods Unchained Players can compete, win, and amass a deck of non-fungible token (NFT) decks, that they can then exchange in-game for other NFT cards or other virtual goods. Free-to-play and play-to-earn, Gods Unchained (GODS) is a cryptocurrency trading card game with a fantasy spin (P2E). Gods Unchained (GODS) showcases non-fungible token (NFT) card numbers with real-world value. Gods Unchained is a decentralized application that was developed somewhat on Ethereum (ETH) platform. In order to reap the profits, users can stake their native GODS currency. On December 15, the sport was awarded both the Polkastarter GAM3 Award for Best Card Game and the Polkastarter GAM3 Award for Best Strategy Game. These awards are considered to be the "Grammys" of the Web3 gaming world. Tamadoge The recently released Tamadoge (TAMA) calls itself the "play-to-earn Dogecoin" (DOGE). It combines the notoriety of meme tokens with the idea of "play-to-earn" to give players a platform where they can mint, breed, as well as battle their furry friend in the "Tamaverse" while climbing leaderboards and getting rewards. The game is presently in the beta sale phase. According to the virtual currencies analytics platform crypto boom, the game's community is one of the highest among those who work with the NFT utility. The Sandbox The Sandbox (SAND), a metaverse play-to-earn experience, has been around for quite some time, having debuted its alpha version on the Ethereum network in November 2021. It is not a novice to the field by any stretch of the imagination. The game gives players the opportunity to possess virtual property, which they may use to construct and sell their own games, in addition to interacting with the works of other players. On top of that, the development team behind The Sandbox frequently hosts events such as competitions, raffles, and giveaways. Players have the opportunity to participate in these events in order to have fun and earn a variety of valuable prizes, such as the recent reward series centered on the holiday season called Season's Greetings. Splinterlands Another example of a crypto-based fantasy card game is this one billing itself as the "next wave of collectible card games." Using the public Hive blockchain, players in Splinterlands can engage in PvP combat, compete for rankings, and earn Dark Energy Crystal (DEC) tokens for usage in the economy. Midway through December, the Splinterlands team released a significant achievement update that added the ability to redeem land claims for unmapped land deed NFTs and earn Splintershard (SPS) tokens for use in governance and payment. Users can further take assistance from sites like crypto boom and seek worthy trading suggestions. Alien Worlds Within a decentralized metaverse that is powered by Ethereum, BNB Chain, and WAX (WAXP) blockchains, Alien Worlds is really a free-to-play massively multiplayer online role-playing game (MMORPG) that incorporates quests, mining games, and competitions for the in-game currency known as Trilium (TLM). Planetary Syndicates were initially released by Alien Worlds in the month of October. These decentralized autonomous organizations (DAOs) within the game give players the ability to govern their own communities, keep assets in secret vaults, and collaborate. Conclusion According to a previous analysis by Finbold, crypto plus metaverse games were able to secure finance in the amount of $1.3 billion during the third period of 2022. In addition, these games brought in more than $320 million in revenue during the month of November alone, which demonstrates the resilience of the sector in the face of harsh situations such as the implosion of the FTX.

Black Bull Markets is an ECN broker that is highly regarded among clients around the world. It offers numerous financial instruments. What are the offer details? What is Black Bull Markets? Black Bull Markets is a regulated ECN broker. The company was founded in 2014 in New Zealand. Currently, it serves customers from over 180 countries around the world. It offers numerous financial instruments, including stocks and CFDs on numerous assets such as currencies, stocks, indices, commodities and cryptocurrencies. The company has received many awards for its activity in its industry: 2022 - Best Global FX Broker - ForexExpo Dubai 2022, 2022 - Best ECN Broker 2022 (BrokerTested.com), 2021 - Deloitte Fast 50, 2020 - Best NZ Forex Broker (Compareforexbrokers.com), 2019 - Deloitte Fast 50, 2018 - Deloitte Fast 50, 2018 - APAC Technology Fast 500. What regulatory bodies does Black Bull Markets fall under? Black Bull Markets is headquartered in New Zealand. The broker is regulated by the financial supervision authorities: FMA (Financial Markets Authority) and FSA (Financial Services Authority). Markets broker contact details The company's registered office is at: Level 20, 188 Quay Street, Auckland, 1010. The broker's website provides an email address for contact: support@blackbullmarkets.com. The broker can also be contacted at the two phone numbers provided on the website, as well as via live chat. Customer support is available 24/7. It is worth noting that the company is also present in social media : Facebook, Instagram, Twitter, LinkedIn and YouTube. Visit Black Bull Markets Markets broker offer? Basic information The broker offers a total of 26,000 financial instruments on all its platforms. Among them, there are 64 currency pairs (majors, crosses and exotics), shares of American companies and CFDs on Forex, indices, commodities, stocks, futures and cryptocurrencies . Black Bull Markets offers 3 types accounts: ECN Standard, ECN Prime and ECN Institutional. In addition, there are Islamic accounts on offer, which do not charge or charge swaps. They are a variant for each of the three types of accounts mentioned. You can try a demo account before signing up for a real trading account. The ECN Standard account is an excellent choice for traders who are starting their adventure with the market. A small deposit, no commission and access to all trading instruments allow you to gain the necessary trading experience. The ECN Prime account is designed for more advanced traders who are looking for a market advantage. It offers a low spread (from 0.1 pips) and a small commission ($6/lot for a trade of $100k). ECN Institutional is an account for traders looking for services and functionalities dedicated to institutions. For the largest traders, the broker offers accounts tailored to the client's needs.   The conditions for individual accounts are presented in the table below: What is the ECN model? Unlike the MM (Market Maker) model in which most forex brokers operate , the ECN broker is only an intermediary between the real market and the client. In this model, there is no conflict of interest between the client and the broker. The broker's remuneration is a commission charged on each transaction. Available platforms on Black Bull Markets Black Bull Markets broker offers the popular MetaTrader 4 (MT4) platform, appreciated for its ease of use and simplicity, and the more sophisticated Metatrader 5 (MT5) platform, which includes more indicators and features. Investors can also benefit from the experience of other traders through ZuluTrade, MyFxbook and BlackBull Copy Trade System. Reviews about Black Bull Markets. Is it worth trading with this broker? Leave your opinion, comment! can find numerous opinions and comments on the web about the Black Bull Markets broker. We will not find any warnings. The vast majority of opinions are positive. On the website dedicated to rating companies from various industries - https://www.trustpilot.com/review/, the broker received 4.4 stars out of 5 with 131 votes. 77% of voters chose the highest rating and 7% the good one. If you want to share your opinion about the Black Bull Markets broker, be sure to do so in the comment below this material. Comments are not removed by the administration and are very good support for people who are wondering whether to open an account with this broker. Your comment can help as well as hurt the broker, so try to formulate your opinions objectively. Black Bull Markets - education investor . Does Black Bull Markets provide educational materials? The website of the Black Bull Markets broker has a well-developed educational section where we can find rich materials for both beginners and advanced traders. It includes numerous market analyses, educational videos, an economic calendar, explanations of trading concepts and articles on various issues important to traders. The educational materials are organized by type of asset (Forex, stocks, commodities, cryptocurrencies) and by the level of advancement of the trader (beginner, intermediate and advanced). In what currencies is the investment account maintained? Account deposits can be made in the following currencies: US Dollar (USD), Euro (EUR), British Pound (GBP), Australian Dollar (AUD), New Zealand Dollar (NZD), Singapore Dollar (SGD), Canadian Dollar (CAD), Japanese yen (JPY) and South African rand (ZAR). How to top up your account? Funds can be deposited via international bank transfer - SWIFT, for euros - SEPA and in the UK - Faster Payments . Another option is to deposit via Visa or Mastercard. The remaining methods payments include : Skrill, Neteller, China Union Pay, FasaPay, PoliPay, AstroPay, Help2Pay and PaymentAsia. It is also possible to deposit using the following cryptocurrencies: BTC, BCH, LTC, ETH, USDT, XLM, XRP, LINK and USDC. How to withdraw funds? The following withdrawal methods are available: credit card, Neteller, international bank transfer and cryptocurrencies. For each of these payment methods, the minimum withdrawal value is 5 units of the currency in which the investment account is held. HIGH INVESTMENT RISK WARNING CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Consider whether you understand how CFDs work and whether you can afford the high risk of losing money.

“The art of investing is the ability to adapt to change” Gerald Leob This is a conference where you will learn about the latest trends in the field of cryptocurrencies, new projects and start-ups that use blockchain to solve various problems and facilitate everyday activities. You will learn how to invest in modern technologies. CryptoSphere is a great opportunity for you to develop and meet new, interesting people: investing their resources in cryptocurrencies, YouTube creators, projects and startups, stock exchanges and producers of products related to this most dynamically developing investment asset. At CryptoSphere you will receive a huge dose of knowledge that will help you start your adventure with cryptocurrencies! On CryptoSphere you will be able to listen to, among others: Rafal Kielbus - Bitcoin as money - is 21 million enough? Dorian Szafranski - Proof of Space and Time - a new trend of the future? Katarzyna Goldmann - Marketing in crypto: how does it work in a bear market? Mood vs FOMO. Wojciech Litwin - Projects in bear market - key aspects for creators and investors. Kamil Dudkowski - Safety of a beginner investor. Marcin Dudek & Marcin Nowak - Evolution of gaming in WEB3. and many others. A detailed agenda can be found on the event website: CryptoSphere Date: 04/02/2022 Place: Hotel IBIS Wroclaw Centrum, Plac Konstytucji 3 Maja 3 All lectures will be held in Polish. Tickets: CryptoSphere

iFX EXPO Dubai 2023 is rapidly approaching, and it is expected to be the largest iFX EXPO ever held in the Middle East and North Africa (MENA) region. Between January 16-18, the event will bring together top professionals in the financial and fintech sectors under the roof of the Dubai World Trade Centre for two days of business collaboration and networking. This year, the event will feature 40% more exhibitors and around 3,500 attendees worldwide. Major industry players such as Exness, ZuluTrade, MultiBank Group, B2Broker, ADSS, StoneX, and OneZero, among many others, will be exhibiting and sponsoring the event. This iFX EXPO Edition’s Highlights The two days of discussions at iFX EXPO Dubai 2022 will gather professionals in online trading, financial services and fintech, providing a perfect platform to network with industry-leading brands and discuss topics, such as financial services regulations and their impact on the industry, liquidity in MENA, Crypto and Web 3.0, regulatory frameworks, improving client retention, and others. Both days will be filled with informative discussions in the Speaker Hall and the Idea Hub, while the networking events will cap off the thought-provoking debate, allowing participants to unwind and connect at a deeper level in an informal setting. For a complete overview of the topics and speaker lineup, view the agenda. Don’t miss this opportunity to hear from experts and engage in meaningful discussions with your peers. Here’s what some of our panellists are saying about the event: Daniel Takieddine (CEO MENA, BDSwiss) is excited about “the prospect of networking with like-minded people and professionals.” Jonathan Brewer (Managing Partner, IS Prime) is looking forward to “meeting existing contacts and making new connections in one of the major booming growth geographies in our entire industry.” Damian Hitchen (CEO MENA, Saxo Bank) is thrilled to “engage with partners, private delegates, and industry colleagues in a vibrant debate around the industry’s future.” Serena Sebastiani (Director of Financial Services Advisory, PwC Middle East) is looking forward to “meeting market participants, engaging in discussions on how to support their businesses, and bringing an impact in the industry through solving current issues.” Arshad Khan (CEO, Venomex Limited) is excited to “have meaningful discussions with experts in the financial industry on regulatory frameworks, innovations in the fintech space, adoption of digital currencies, and to build an ecosystem within the MENA region where consumers will see agility and personalisation of financial services.” Don’t Miss Out, Register Now to Secure Your Pass Register now to secure your Pass and access 2+ days of unparalleled networking with industry leaders and decision-makers, entry to the Speaker Hall and Idea Hub, access to sponsored food and beverage areas and admission to the impressive official iFX EXPO Parties. Don’t wait – less than a week left until iFX EXPO kicks off in Dubai! REGISTER NOW

  Kamila Oleksiak takes the role of Senior Property Broker in Office Agency at Avison Young, where she will be supporting tenants in renegotiation processes of the leasing agreements as well as leasing new office space. Kamila has been active on the commercial property market for 5 years. She started gaining her experience in the retail sector, supporting tenants in matters related to leasing contracts. For the last several years she has been operating in the office market only, both in Warsaw and Poland’s regional cities. She cooperated with such renowned clients as – among others - OTCF, ING Bank ÅšlÄ…ski, CCC, Martes Sport, Rossmann, Euronet, Pepco, Anegis, Grafotronic and BDO. Avison Young launched Office Agency business line in October 2022, by acquiring team of market professionals. At Avison Young Kamila will re-join Robert Pastuszka, Dominik Pawlak, PrzemysÅ‚aw UrbaÅ„ski and Maksymilian Sobczak – team of colleagues with whom she has worked before at Nuvalu Polska. In Office Agency Kamila will be also cooperating with Marta SypiaÅ„ska. Avison Young Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. Headquartered in Toronto, Canada, Avison Young is a collaborative firm owned and operated by its principals. In the Central Eastern Europe and South Eastern Europe the firm is operating in Bulgaria, Czech Republic, Hungary, Poland, Slovakia and Romania, offering a broad range of consultancy services. In the Polish commercial real estate market, Avison Young is providing professional consultancy services such as office agency, investment advisory, valuation consultancy, technical advisory and project management.

Confidential tenant has leased over 800 sq m. of space in the office building within the Blue City complex, situated at Aleje Jerozolimskie street. The company plans to open a new office on January 9, 2023. Walter Herz provided comprehensive consulting in the lease process. The new VFS Global visa center is scheduled to open on January 9th, 2023. It is dedicated primarily to cooperation between the Canadian government and individuals arriving to Poland from Ukraine. – For the company, we were looking for space with the capacity to serve a large group of customers in a layout corresponding to a passport office. Negotiations quickly brought the intended result, which satisfied both sides. The new tenant will generate additional traffic in the Blue City shopping center at the level of about 1 000 people a day, thanks to the nature of its operations. The opening of a branch of the state-owned PaÅ„stwowe PrzedsiÄ™biorstwo Dokument company in Blue Office also allowed us to develop mutual benefits. We provided support in the lease process of that company last summer - says Konrad RadliÅ„ski, advisor at Walter Herz. The Blue Office building provides a friendly working environment thanks to its location in the immediate vicinity of the Blue City mall, which is one of the largest shopping centers in Warsaw. The technologically advanced office building offers 32 thousand sq m. of modern space. A special recreation zone with natural vegetation and a chillout room equipped with many interesting amenities are at tenants’ disposal. Residents and guests can use free parking and bicycle infrastructure, as well as space for organizing corporate events. Blue Office users are provided with a full range of attractive services, access to many restaurants, cafes, fitness club, cinema, medical center and shops, supermarket, banks, post office, as well as entertainment establishments. About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors. Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. The agency introduced the Code of Good Practice to ensure the highest ethical level of services.

Taking into account the mood and current investment activity, it would seem that the recession on global markets is only just developing. A clear slowdown in the real estate transactions has been visible since mid 2022. Several factors contributed to it, including increase in interest rates, uncertainty related to the geopolitical situation, war in Ukraine, games between the USA, Taiwan and China, as well as the instability of government and economy in Great Britain and economic problems in China. As a result, most investors, especially those who have adopted the principles of a limited risk policy, reduced their purchasing plans in Poland. Investors who are still active expect attractive prices now, while sellers are not yet ready for corrections. The widespread uncertainty observed in the markets means that investors often focus their attention on projects based around basic needs, focusing on residential real estate and convenience retail projects. These two types of assets are on the radar of a growing number of investors, as they are considered the safest. Looking on the activities undertaken on the investment market from the perspective of the end of 2022, it seems that these segments will be even more popular in 2023, provided that the costs and strategies of financing investment projects adopted by banks do not prevent it. Warehouse assets will continue to attract a lot of interest in 2023. However, investors will pay more attention to the quality of the location and the structure of tenants. Real estate acquisitions in this sector will be increasingly well-thought-out. Rising financing costs, unstable construction costs and pressure from investors to discount existing warehouse properties will affect the investment land market. Only well-prepared land, secured by lease agreements, will have a chance to be the subject of transaction. This year, there is no pressure from landowners to raise prices. Sellers who show a unique lack of price flexibility in the face of a dynamically changing economic situation, in many cases, have to put their offers back on the market. A trend that can be noticed and will become stronger in 2023 and in the following years will be the growing demand for brownfield land in the largest agglomerations, i.e. Warsaw, Tri-City, Wroclaw, Cracow and Poznan. Which is naturally related to the continuous development of last mile logistics and the e-commerce market. It should be noted that in many cases investments in attractive brownfield projects may turn out to be a better solution than the purchase of undeveloped, though serviced plots. I would also like to point out that resilience and sustainability are now extremely important topics that are often raised during talks with foreign entities investing in real estate. Energy efficiency, green solutions and ecological materials are aspects that at large extent affect the conclusion of transactions. A technical audit that would indicate a lower than expected level of the project in this respect, may lead to the suspension of negotiations. Author MichaÅ‚ ĆwikliÅ„ski, Principal, Managing Director – Poland at Avison Young

In 2023, offices will be more expensive, and their availability in the top locations of the largest cities will be lower Increases in office lease costs, limited availability of space in high-standard buildings located in central business areas and the low level of new supply are the main indicators that will affect the situation in the sector in 2023. The last three years have brought many changes to the office market. The system of work and the way of arranging space have changed. The process of rapid development of the office market over the years has been halted. The growing costs of construction and project financing make it difficult for investors to estimate the final amount of the construction budget, and therefore they are postponing the start of construction of new investments. New supply is dropping hard In regional markets, 30 per cent less office space is emerging than before the pandemic, while five times less offices is being built in Warsaw than three years ago. The availability of prime space on the Warsaw market is declining. The effect of limited, new supply with demand remaining at a lower than in 2019, but stable level is a slight increase in rental rates. This applies in particular to high-class office buildings located in the center and in business zones, situated outside the very center of Warsaw, but also the best real estate on the largest regional office markets in the country. The new office offer is modest. In Warsaw in the third quarter of this year, most of the space was provided by Varso Tower, which including the spire, is the tallest building in the European Union, offering almost 64 thousand sq m. of space. The largest amount of office space in the country is under construction in the capital of Lower Silesia. Investments underway in this city include Infinity (22 thousand sq m.) and Centrum PoÅ‚udnie III (20 thousand sq m.). Among the properties under construction in Cracow, there are Ocean Office Park B (26.5 thousand sq m.) and Kreo (24 thousand sq m.), while Andersia Silver (40 thousand sq m.) and Nowy Rynek E (20 thousand sq m.) are under construction in Poznan. Rental costs go up We have a record-breaking inflation, and forecasts indicate that it will continue to grow, which translates into the cost of office lease. The main challenge in 2023 will be maintenance charges. Due to inflation, rising costs of energy and expected increases in the minimum wage, they expect to increase. This will translate into the amount of advances on maintenance charges. In addition, utility prices will increase. Nowadays, the effective process of leasing an office and negotiating contract terms, as well as cooperation with professional advisors on the commercial real estate market, will become all the more important, because the provisions included in contracts should protect tenants in more difficult times. Negotiating optimal business and legal terms will require much more time and commitment. A new analysis and rental process should be started at least 2 years before the end of the ongoing contract. It will give more time to negotiate all items at every stage of operations and a chance for significant cost optimization. A five-year lease agreement currently does not give a chance to develop a move-in ready office without additional surcharges for the tenant. Prices of finishing works increased on average by 30 per cent. Tenants must take into account the fact that in the case of demanding projects, additional payments for interior design will be necessary. In order to compensate landlords for the increase in the cost of fit- out and lower the charges for tenants, longer, seven-year contracts are now concluded more often. Read next: In December, the Fed maintained a tougher rhetoric than the market consensus, playing on the bears' side| FXMAG.COM Negotiating lease terms Therefore, when negotiating contracts, attention should be paid to the amount of the budget for fit-out, rent exemptions and mechanisms for limiting or controlling the amount of maintenance charges contained in the contract. Negotiating terms of lease agreements is, contrary to popular belief, a large field. One can negotiate, among others: contractual penalties, grounds for termination of the contract, the right to sublet and assign, the amount of maintenance charges, break option, and liability. We always advise our clients to attach the final cost estimate to the Lease Agreement, in order to avoid additional charges for fit-out later. Speaking of the current market, one cannot fail to mention the work system and functions of today's offices. It should be noted that the goal today is not just renting and arranging space, but creating a place that will be conducive to rebuilding contacts with colleagues, building bonds and improving communication in the company, which will translate into increased satisfaction from work. Most employers are facing the new preferences of their employees, who are reluctant to return to their offices. Despite most companies determining the proportions of remote work, which most often falls within the range of 2 or 3 days a week (on average 40-60% of working time), office attendance oscillates around 30 per cent. Hybrid mode shapes workplaces In the near future, the offices will function as creative, cross-functional, training centers. Their main function will be the exchange of ideas, knowledge and building relationships and social capital. The purpose of re-arranging offices and adapting them to this role is to create an atmosphere of the place that will attract its employees. In order to adapt workplaces to the hybrid mode, companies are currently reducing the number of desks in favor of collaborative spaces. They are switching to solutions using flexible workstations, which forces sharing. They are introducing clean desk policy. Lockers are also becoming available in the offices, ensuring a quiet, isolated space. Office space is arranged in such a way that it is as flexible and functional as possible. The offices used serve largely as space for guests and external contractors, now they primarily serve the team. Their space is supposed to activate employees and provide them with tools not available at home. Great emphasis is now placed on modern conference zones that support hybrid meetings, creative and social spaces, such as a large kitchens with dining rooms for employee integration. Often this part is extended into a chillout zone or places for less formal meetings. Mateusz Strzelecki, Partner, Head of Tenant Representation at Walter Herz About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors. Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. The agency introduced the Code of Good Practice to ensure the highest ethical level of services.

  From the warehouse developers perspective, 2023 will be marked by very well-thought-out purchases. With the costs of financing constantly rising, construction costs changing, and investors pressing for discounts on the existing warehouse market, the land market will be the first to feel this accumulated pressure. Only well-prepared land with lease agreements signed by tenants has a chance to be the subject of a transaction, and not just a non-binding option from developers regarding the purchase of land. Over the last 10 months, the pressure from the owners to raise prices has definitely decreased. Those owners who did not show understanding towards the dynamically changing economic situation and represented the strategy of price inflexibility will, in many cases, have to be back on the market with their land. A noticeable change will also be visible in the approach of sellers to land security options. Many owners, tempted by high land valuations, did not care enough about the rights to permits and decisions for their land. Such permits do not pass automatically to the owner, but to the developer applying for them. As a rule, so far this has been justified in a situation where in most cases a final agreement was reached. Currently, when developers resign from purchasing part of secured land, the owners find out that all permits are the property of the buyer and the process of obtaining, for example, a building permit should be started from scratch at their own expense. Undoubtedly in 2023, owners will be more prudent about the option of securing land, placing much greater emphasis on having rights to processed permits. In terms of demand for prime land, the top 5 logistics hubs will continue to be the most liquid market. On the other hand, there is a noticeable growing demand for land along the western border and a slightly lower demand in the eastern part of the country – despite the impressive development of road infrastructure. A strengthening trend in 2023 and in subsequent years, will be the growing demand for brownfield land in the largest urban agglomerations, headed by Warsaw, Tri-City, Wroclaw, Cracow and Poznan. This, of course, is related to the development of last-mile logistics and the demand for smaller warehouse modules with office space. In many cases, the best brownfield projects may turn out to be a better solution than looking for an empty, undeveloped, but at the same time properly serviced plot. To sum up, in 2023 we do not expect any new records to be broken on the logistics land market, although it will continue to be an active segment of the market. Author: BartÅ‚omiej Krzyżak, Senior Director, Investment at Avison Young

CD PROJEKT RED announces the launch of the next-gen version of The Witcher 3: Wild Hunt - Complete Edition, now available as a digital download on PlayStation 5, Xbox Series X|S, Steam, GOG, and the Epic Games Store.Harnessing the power of next-gen hardware, the updated version of CD PROJEKT RED's trilogy-concluding role-playing epic comes as a free download for owners of the original release of the game, featuring a wide variety of visual and performance improvements.    These include real-time ray tracing for PC, Performance and Ray Tracing modes on PlayStation 5 and Xbox Series X, and Performance and Quality modes on Xbox Series S, support for DLSS on PC and AMD FidelityFX Super Resolution across all next-gen platforms, faster loading times, and more. Furthermore, the next-gen version introduces content and quality of life additions: items and quest inspired by the The Witcher Netflix show, new camera options, quick Sign casting, Photo Mode, cross-platform progression, map and UI tweaks, a selection of community-created mods integrated into the experience — among many others. The Complete Edition also comes with all previously released content for The Witcher 3: Wild Hunt — the award-winning Hearts of Stone & Blood and Wine expansions, as well as 16 pieces of extra content.   The PlayStation 4 and Xbox One versions of The Witcher 3: Wild Hunt have also received a new update today. It introduces a selection of the numerous quality of life additions coming to next gen — more information can be found in the official patch notes. It will also come with all the new content inspired by Netflix's The Witcher — new swords and armor for Geralt, alternative looks for Dandelion and Nilfgaardian armor, as well as a brand new quest. This update is also coming to Nintendo Switch at a later date.The next-gen version of The Witcher 3: Wild Hunt - Complete Edition is available for PlayStation 5, Xbox Series X|S, and PC. Gamers who previously purchased any version of the title for PlayStation 4, Xbox One, and PC can upgrade to the next-gen update for free via an update. A dedicated next-gen release for the game is also available for purchase digitally via PlayStation Store and Microsoft Store, with a disc version releasing at a later date.For more information on The Witcher 3: Wild Hunt - Complete Edition and The Witcher series of games, visit the official website, as well as follow the game on Facebook and Twitter. Source: CD PROJEKT

FULL VERSION OF THE REPORT Retail parks number of deals concluded in Poland’s real estate market is growing Retail property investment market sector in Poland is thriving, thanks to the stable growth of retail parks (above 5,000 sqm GLA) and convenience retail (retail parks under 5,000 sqm GLA) schemes. Since 2016, 160 assets of this type have been finalized. – Convenience schemes still dominate the retail market in Poland. The most desirable properties are those which accommodate discounters and "value retailers", which are thriving nowadays, when buyers often limit their purchases and pay more attention to prices. Ballooning inflation reflected in a decrease of the purchasing power of buyers and deterioration of consumer sentiment will paradoxically work in favour of convenience schemes characterised by the basic discount offer. – comments MichaÅ‚ ĆwikliÅ„ski, Principal, Managing Director - Poland at Avison Young. Generous yields In Q1-Q3 2022 period, retail investment volume amounted to 20% of the total investment volume transacted in Poland. Compared to 2020 and 2021, it may look like a slight rebound. However, bearing in mind that ¾ of this volume was the result of EPP JV’s established in Q1 2022, the real outlook looks less abundant. – Prime yields in Poland are on -a growing trend. The yield gap between prime retail parks (6.8 percent) and prime warehouse (5 percent) and office properties (4.7 percent) exceeds 180 bps, which is an exceptional result compared to the capital cities of Western Europe. Retail parks’ yields in Poland are still very attractive. In the CEE markets, also Hungary (7 percent) and Romania (7 – 7.25 percent) offer very generous yields in this recession-resilient sector. – comments Michal Ćwiklinski. However, Avison Young expects further yield compression due to the lack of product and high interest in retail parks and convenience retail assets. Number of transactions is breaking records In 2016‑2019, investment volume transacted within the analysed sector did not exceed 10 percent on average in the total retail investment volume. 2020 doubled this number (over 20 percent), because many other investments were put on hold due to the pandemic. 2021 resulted in 12 percent share (€117 m) and Q1-Q3 2022 period - 15 percent (€127 m). Number of transactions in this sector breaks records. High liquidity accompanied by the lower volume reflects the investors’ turn to small retail parks and convenience schemes, including those located in smaller cities and towns. In Q1-Q3 2022 period, 17 out of 26 transactions recorded in the retail sector were due to retail parks and convenience retail, which was the highest share since the beginning of the market. Seeking new developments The market growth dynamic is relatively slow, because the majority of investors are long‑term holders. Therefore, investment volume depends mainly on developers and newly-delivered assets. In Q1-Q3 2022, 40% of transacted schemes were new developments (under 2 years on the market). More newcomers The sector continuously attracts investors. So far, 2022 welcomed two newcomers, namely Lords LB and LEOFF Group who acquired two prime properties in WrocÅ‚aw and Opole. By the end of the year, we expect the debuts of three newcomers to the Polish investment market from France, Israel and Czech Republic attracted by the retail park product. Investment market in the analysed sector has been shaped by two major players during last two years, who were responsible for 36% of transacted volume in 2021 - Q1-Q3 2022 period. In terms of capital origins, last two year years were dominated by Germany (€76 mln in total) and UK (€54 mln in total). Other groups, two-times smaller in terms of invested capital, were Western Europe countries, USA, CEE countries, Israel, but also Poland. What influences retail park’s value – The prices and estimated values of retail parks depend particularly on the tenant mix, including the presence of a grocery store, run by well-known operators. The highest prices and thus the lowest yields are observed for facilities with a WAULT of more than 7 years and food anchors at over 15 years. Depending on several market factors and the property’s specification, prices range from EUR 800 to EUR 2,000 / sqm of leasable area. The most common rates of return are in the range of 7.00% - 8.50%. – comments Monika Bronicka, Director, Head of Valuation and Advisory at Avison Young. The biggest properties transacted this year were Power Park Opole (20,700 sqm), Franowo Retail Park in Poznan (15,900 sqm), and MÅ‚yn Retail Park in WrocÅ‚aw (10,600 thousand sq m.). Everyday shopping – stable trend – Quick, everyday and convenient shopping in the neighbourhood or on the way home is what customers are looking for. Thus, convenience retail parks are continuously developing, exploring also retail markets in small cities. The convenience retail park tenant mix is usually composed of the discount food operator, drugstore, basic services and „value retailers”. New player here is German chained value retailer Woolworth, who at the beginning of 2023 will enter Polish market by opening first two stores in retail parks located in Kraków and Łódź, with expansion plans of over 400 locations.What is interesting, incomparably lower operating costs and rental rates attract fast fashion brands to expand outside shopping centres and allocate their stores in smaller schemes. – comments Artur Czuba, Associate Director, Investment at Avison Young. E-commerce does not always work – The off-price and frequently changing offer encourage clients to spontaneous visits. One of the most popular value retailers, Pepco, redrew from the online sales after just one trial year. Off-price offer, which is the core of the chain’s business, resulted in the relatively low average ticket prevented the company from building profitable online sales – customers preferred to visit the stationary store rather than pay for delivery costs. – explains Artur Czuba. Transactions’ polarisation Retail parks and convenience retail transactions continued to sharply polarise between major agglomerations and small cities below 50,000 residents, which are bigger in number. The vast majority of schemes was transacted in small cities and in key metropolitan areas (including the city and neighbouring municipalities). The bigger city, excluding agglomeration markets, the lower number of transacted convenience retail schemes. Such distribution of investment transactions in analysed retail segment reflects on the one hand investors’ appetite for assets in prime locations, and on the other hand intensive development of convenience retail properties in smaller cities, which attract customers from the surrounding area.

CD PROJEKT RED presented a brand new teaser trailer for Phantom Liberty, the upcoming Cyberpunk 2077 spy-thriller expansion, at The Game Awards 2022. The teaser features all new in-game and gameplay footage, and the reveal of a new cast member.   The teaser shown at the annual awards gala gives players an all new look at Night City's Dogtown, where the expansion will be primarily set, as well as flashes of gameplay and brand new additions. The teaser also reveals new characters, chief among them Solomon Reed.    Played by actor Idris Elba (Luther, Fast and Furious: Hobbs and Shaw, Sonic The Hedgehog 2, The Suicide Squad), who's joining the cast of Phantom Liberty alongside Keanu Reeves as Johnny Silverhand, Reed is a veteran New United States of America agent, and apparently the only person players can trust to help them fulfill an impossible mission of espionage and survival. Following the teaser's climax, the actor appeared in a special video message directed at the audience and gamers worldwide, commenting on the character of Reed and his role in Phantom Liberty's story.   Watch the Cyberpunk 2077: Phantom Liberty Official Teaser #2     Cyberpunk 2077: Phantom Liberty will release for PlayStation 5, Xbox Series X|S, and PC in 2023, with an exact release date and pricing to be revealed. For more information, follow Cyberpunk 2077 on Facebook, Twitter, and visit cyberpunk.net. Source: CD PROJEKT

Dominik Pawlak takes the role of Director in the Office Agency department at Avison Young, where he will be responsible for the company's key clients as well as training junior team members. Dominik has been active in the real estate market for 14 years already. Before joining Avison Young, he worked for 9 years at Nuvalu Polska. In the searching process of new office space, he advised such clients as – among others - House of Skills, Opera Software, Customs House, Regional Labor Inspection, Villeroy & Boch, Hill International, Outbox, Stena, Imperial Cinemapix, BGK, GITD, Supreme Court, PAP, Securitas Polska, BDO, ADP. Dominik has also successfully represented property owners in the commercialization processes of the office buildings: Cosmopolitan, Mokotów Plaza, Atrium Centrum, Atrium Plaza, Stratos Office Center, an many more. Avison Young launched Office Agency services in Poland in October this year, bringing in a team of market experts. At Avison Young, Dominik will join forces again with other market professionals - Robert Pastuszka, Przemyslaw Urbanski and Maksymilian Sobczak. Avison Young Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. Headquartered in Toronto, Canada, Avison Young is a collaborative firm owned and operated by its principals. In the Central Eastern Europe and South Eastern Europe the firm is operating in Bulgaria, Czech Republic, Hungary, Poland, Slovakia and Romania, offering a broad range of consultancy services. In the Polish commercial real estate market, Avison Young is providing professional consultancy services such as office agency, investment advisory, valuation consultancy, technical advisory and project management.

CD PROJEKT RED alongside Epic Games announced that monster slayer Geralt of Rivia will be featured in Fortnite Battle Royale's Chapter 4 Battle Pass. The collaboration between the two video game development studios will see witcher Geralt join Chapter 4 as a mid-season unlock. The character is best-known from CD PROJEKT RED's award-winning The Witcher franchise, especially the highly awarded The Witcher 3: Wild Hunt, which is soon to receive a free next-generation update in December.     Alongside the announcement comes a trailer for this next chapter of Fortnite, including a cameo from Geralt of Rivia — interested players can watch for themselves to see how the witcher's very own outfit and appearance are translated into Fortnite's expressive art style. Watch the Trailer More information about The Witcher series of games, including the upcoming free next-gen update to The Witcher 3: Wild Hunt can be found on the official website.   Source: CD PROJEKT

The growing costs of maintaining office properties mean higher service charges and rental rates for tenants. New office supply remains at its lowest level in a decade, and the prospects for new projects are modest. Developers' plans are effectively cooled down by high and unstable construction costs and high financing costs. However, the demand for attractive office space is very high. Employers, wanting to motivate teams to return to office, arrange increasingly interesting and friendly workspaces. Demand on the Warsaw office market is already at a record level from before the pandemic. These are briefly the main factors indicated by Avison Young that shape the current image of the office market in Poland and will have an impact on the situation in the sector in the near future. Higher lease costs The first months of 2023 will bring squaring accounts of this year's service charges. Next year’s operating costs will be calculated, followed by indexation of rental rates at the level of ca. 9%. Tenants must take into account the increase in costs, both in terms of contracting new space and renegotiating existing contracts. Higher rental rates, which are already visible in Warsaw, will be accompanied by increase in service charge by 30% or even 50%. According to Avison Young, building owners can, however, influence their amount to some extent, by optimizing maintenance costs. In turn, companies can look at whether there is a plan to reduce maintenance fees in the building where they decide to locate their office. They can analyze the landlord's ideas for reducing services’ prices that make up operating costs. - This is a very important issue, for both owners and tenants, in the context of economic changes we are facing. Both parties should openly communicate on this issue, in order to be aware and convinced that all the expenses are economically justified – comments Maksymilian Sobczak, Associate Director, Office Agency at Avison Young. Energy costs - how to fight them? Energy is a significant part of operating costs, which is why energy-saving solutions that help reduce costs are now particularly appreciated. – The tenant can find out in a conversation with the landlord or their agent, what energy efficiency initiatives are planned, what benefits they will bring in the future and how much more efficiently they will manage energy consumption – suggests Maksymilian Sobczak. Increase in energy prices can be largely offset by reducing its consumption. It can be brought by, for example, the use of LED lighting and infrared motion sensors (PIR) in office buildings. When tenants are less active, the level of efficiency of air handling units and air conditioning devices is automatically lowered. These seemingly small changes can bring very satisfactory results. Consolidation of contracts and services Both owners and tenants can also benefit from the analysis of contracts that were probably concluded with utilities and service providers separately, at different times. It is worth checking regularly that all service costs reflect value for money. Avison Young points out that the consolidation of service providers through Facility Management has recently brought savings to building owners, but so far, only few have taken advantage of this option. If it is possible to consolidate many services with one supplier, the negotiated cost may be more attractive, and the resulting savings may be significant. In addition, there are fewer contracts signed, and better-matched KPIs also save time and costs for the landlord and the tenant. What about marketing costs? The amount of service charge also includes costs related to real estate marketing. In office buildings, these expenses are currently mainly used to attract employees to return to their offices. Also various types of events or activities, organized in an office building can contribute to this, while influencing well the positioning the building and its location. - Although tenants may benefit directly from such initiatives, it is worth checking how big impact marketing activities or initiated events have on the productivity of individual companies. From the landlord's point of view, it is good to ensure a high level of tenant satisfaction, because the costs of replacing the tenant are relatively high – says Maksymilian Sobczak. Evaluate actual needs versus expenses Staff costs are also rising due to inflation and salary adjustment, as well as low unemployment rates. In the case of office buildings, these increases translate into a raise in fees for maintaining the reception and security, or concierge and people involved in ongoing service in the building. It is worth checking whether the level of employment in the facility does not exceed the real demand necessary to maintain the appropriate quality of service, as well as health and safety standards. Delayed renovations and new needs The amount of service charge is also related to construction works, including repairs and modernization of external elements of buildings or common areas in office buildings, which have been frozen due to the pandemic to keep costs low. Avison Young is currently observing a significant increase in the dynamics of this type of activity. Which is additionally driven by another factor: energy crisis and environmental guidelines force the search for more energy-saving and ecological solutions. In addition, the need to attract tenants, and in the case of tenants - employees, resulted in demand for modern, mixed-use office spaces, offering a wide range of services for clients. This pressure has forced landlords to implement renovation plans that are larger than those assumed beforehand. The amount of expenses and their effectiveness Avison Young encourages to analyze planned expenses and their effectiveness. It is worth taking a step back and considering whether the action is fully justified and the potential profit is not higher than the outlays. For example, placing solar panels on the roof can, of course, bring a profit, but the amount depends on many factors and the total cost of implementing such a solution. Agreeing on and implementing a new energy policy on lowering thermostats by 1 degree, can significantly reduce energy consumption, even more than solar panels, without the additional expense or carbon footprint. Tenants should not accept all renovation costs just because they have already been approved by the building owner. This also applies to ecological initiatives, the benefits of which should exceed the costs of carbon dioxide emissions, and the financial outlays should bring real profits. - With service charges rising, it is more important than ever to have a solid justification for expenses. The costs of utilities and personnel have increased significantly, so the situation will affect the entire market - comments Maksymilian Sobczak. It is important to talk about costs and find mutually beneficial solutions. -We know the discussions will not be easy. Therefore, when we are asked about the forecasts for the office sector and how we see our role, we realize that we have a lot of work ahead to support our clients with knowledge and experience in these struggles - sums up Maksymilian Sobczak.

  30 November 2022 – Ready to brew your first beer? Movie Games and Star Drifters are opening a playtest for Brewpub Simulator now! Download the game on Steam, play, and fill in the survey.  DOWNLOAD FROM STEAM   Help us improve the full game before its release! Join the playtest and when you're done, fill in the survey. Tell us what you like, and what you think should be changed or improved. If you haven't signed up yet, nothing is lost! You can still request access on the Brewpub Simulator Steam page.  FILL IN THE SURVEY   What is Brewpub Simulator?Quit your day job, open a bar! Brew lagers, stouts and IPAs, and serve patrons at your own brewpub. Decorate the place, create your own brands of beer, and expand into the best joint in town. All of this in a relaxing simulator that values creativity and passion for crafting.     Download the playtest on the Steam Page and fill in the survey when you're done. DOWNLOAD FROM STEAM  Brewpub Simulator is planned to release on PC in 2023. For more information follow our Steam and social media. Features: Brew your dream beer! Discover new recipes, buy ingredients and unlock more advanced equipment Unlock new furniture and decorations and customise your pub Earn reputation, attract new customers and keep your returning patrons satisfied Master each step of a realistic process of brewing craft beers Play multiple minigames, including pouring beer, changing kegs, mixing ingredients, bottling beer, and more Manage your business, hire employees and keep your pub fully stocked Take on daily missions to earn more money and experience What is more, check out GASP, Games at Special Prices, Movie Games custom sale. It's a joint indie event where a couple of studios band together with us to offer you cool offers, demos, prologues, and more. The sale starts at 7:00PM CET / 6:00PM GMT / 10:00AM PST.

Agata Karolina Lasota, managing director of LBC Invest Polish investment market with good prospects for the future In the second half of this year, the investment market in Poland was again dominated by transactions involving assets from the warehouse sector. Most of the value of the transaction volume in Q3 2022 was accounted for by investments in real estate from this segment. Half of the logistics facilities transacted are located outside the main logistics hubs. In the last quarter, only around 30 per cent of invested capital went to office assets, which investors mainly bet on in the first half of the year. Investment activity is also slowly moving towards the PRS sector. There are not yet many transactions being finalised in the rental housing market, but there are numerous negotiations underway, which have picked up strongly following the cut-off of retail customers from mortgages. By mid-November, only four transactions had taken place in this sector. Third quarter better than second quarter Market data show that after three quarters of 2022, the value of transactions in the investment market in Poland reached €4.3 billion, with the third quarter closing slightly higher than the second quarter of this year. However, it should be noted that this included transactions that were supposed to close in 2021, but their completion was postponed until this year. Examples include the purchase of Warsaw's Generation Park Y high-rise building, or the sale of three office buildings in local markets, including Carbon Tower in WrocÅ‚aw and Ocean Office Park A and Tischner Office in Kraków. The capital invested in the commercial real estate market in Poland comes mainly from the US, but also from the Czech Republic, Germany, Sweden, and the UK. Investors present in the Polish market are again turning their attention towards warehouse properties, which last year were the most frequently selected assets. The investment market is also moving increasingly towards residential projects and everything indicates that in the coming months, properties from these two sectors will be the most preferred by investors. Capital's interest in larger retail facilities, which are performing well in the market, is also evident. One example is the purchase of a retail park in Andrychów by the Israeli company Big Shopping Centres for €40 million. One of the largest transactions in this area was also the sale by EPP to the AFI Europe fund of a 70% stake in the Towarowa 22 development. The investment parcel of 6.5 hectares in the heart of Warsaw's Wola district, where the complex is to be developed, was acquired for EUR 180 million. Echo Investment is planning to build a mixed-used project with office and residential functions in this location, with a city park as its focal point. Waiting for change The autumn, on the other hand, has brought considerable changes in terms of the approach to investment, not only in our country but also across Europe. Most equity players have adopted a strategic “wait and see” attitude, which is reflected in lower transaction activity and prolonged decision-making processes. Geopolitical factors, further changes in the global logistics market, a sharp slowdown in economic indicators in many countries, the spectre of an energy crisis, rising costs of debt financing and investment construction, or the ever-increasing inflation, have made market developments highly unpredictable. The slowdown in the global economy and the general climate are increasingly less conducive to investing. However, the apparent sentiment has not yet been reflected in the acquisitions registered in the European market, where interest in assets from the logistics sector also increased in the first half of this year compared to last year. In the first three quarters of 2022, Western European countries recorded only a 10 per cent year-on-year decrease in the value of concluded transactions. Performance in the third quarter of this year alone, outside of the UK, remained strong despite interest rates rises in the main European investment markets. Polish offer better than western markets However, ongoing macroeconomic changes are making investors increasingly sceptical. Despite the increase in expenditurs associated with the maintenance of real estate, the markets of Central and Eastern Europe still provide lower costs compared to Western Europe. The condition of the warehouse sector in Poland is very good. Our country accounts for 30 per cent of new warehouses being built in Europe, and in terms of demand for space, we rank third, after the UK and Germany. Poland and other countries in the CEE region are also preferred locations for offshoring production and services. In addition, we offer investors a large internal market. Moreover, the demand-supply ratio of available warehouse space supports the further growth of rental rates, which have already gone up by around 15-20 per cent. This means better rates of return, which are already difficult to count on in western markets. A decompression of yields is evident in these markets. The process of revising valuations in our market in the warehouse sector has also already begun. The most attractive industrial-logistics facilities located near Warsaw are valued at 4.75 per cent, and in regional cities at an average of 5.15 per cent. In the case of retail parks, there has also been a slight adjustment of yields. Awaiting investment opportunities Investors are primarily interested in large-scale logistics facilities, urban warehouses, and flats for rent in Poland's largest cities. Smaller, local retail facilities and modern office buildings located in central business zones in the country's major centres are also being considered. In November this year, the Czech fund Investika and Luxembourg-based Bud Holdings finalised the purchase of the Łużycka Office Park complex in Gdynia, consisting of five Class A office buildings with a total floorage area of 27,200 sqm. The neighbouring Tensor Office Park complex was also purchased in May this year. According to surveys, Gdynia is not only one of the most desirable cities to live in Poland, but also one of the most attractive regions for investors. It has huge potential compared to Polish and European agglomerations. Among others, funds from East Asia and investors from the regions of West and South Africa are interested in the Pomerania area. However, it is difficult to determine appropriate capitalisation rates given the amount of rental income and the level of annual increase in the cost of services. There is an apparent mismatch in the market between the expectations of buyers and sellers. Meanwhile, economic indicators in Europe clearly point to a downturn and the spectre of an impending recession. In Poland, the effects of the changing economic outlook are already being felt. However, given the still large volume of capital held by investors who are interested in our market, one can predict that the optimisation of valuations will provide a sufficient incentive to take advantage of investment opportunities.  

iFX EXPO Dubai 2023: Join the next most anticipated fintech event The fintech world is getting ready for the next iFX EXPO Dubai edition that will take place 16-18 January 2023 at Dubai World Trade Centre. With booths and sponsorships booked in a record time, this show is expected to be the largest iFX EXPO event ever held in the MENA region. iFX EXPO Dubai 2023 will host 40% more exhibitors than the previous Dubai edition and will welcome around 3500 attendees from all over the world. During more than 10 years of its illustrious history, iFX EXPO has brought together more than 2000 exhibitors and over 50 000 attendees from across the globe. The show has gained remarkable traction as an indisputable event benchmark for business networking and collaboration, distinguishing itself as a must-attend expo for industry players seeking growth opportunities in the financial and fintech space and willing to keep abreast of the most ambitious developments spearheading the future of fintech. What to expect The industry has shown an unprecedented interest in the show, having started to book sponsorship and booth slots long in advance. Exness tops the list of proud exhibitors and sponsors as the Official Global Partner, followed by industry giants such as ZuluTrade, MultiBank Group, B2Broker, ADSS, OneZero, and many others. The full list of iFX EXPO Dubai 2023 exhibitors and sponsors can be viewed on the official website. During 2+ days of the expo, the industry professionals will meet with clients and colleagues from 120+ leading brands, discover new business opportunities, engage in insightful content from 100+ industry experts and discuss business in a casual setting at the iFX EXPO legendary parties. iFX EXPO is the ultimate destination for the fintech industry and a perfect platform for global business collaboration that brings together industry leaders from all over the financial and fintech space: · Technology & Service Providers · Digital Assets & Blockchain · Retail & Institutional Brokers · Payments, Banks & Liquidity Providers · Affiliates & IBs · Regulation & Compliance What past exhibitors had to say about iFX EXPO “It’s an incredible opportunity to meet amazing professionals from the industry, as well as engage in business with companies that are truly looking for solutions.” Harel Falk – VP Sales & Business Development, Solitics “The show provides an invaluable opportunity for us to meet potential and existing clients, get new business opportunities, learn about new products and trends, meet business partners, and showcase all our latest products.” Arthur Azizov, CEO of B2Broker “For us, one of the best things about events like iFX EXPO is the chance to get up close and personal with industry professionals and gain new and meaningful face-to-face connections with new and existing clients from around the world.” Exclusive Capital Register Now to secure your Early Bird Pass Take advantage of the Limited Time Offer and get your Early Bird Pass for iFX EXPO Dubai 2023. Register now to get access to 2+ days of unlimited networking, admission to Speaker Hall and Idea Hub, access to Sponsored Food & Beverages and Business Lounge Areas, as well as to exclusive networking parties. Don’t miss out, join the event that sets trends and shapes the future of the fintech industry!

Europe and Poland are switching to intermodal transport The unforeseen and sudden events in the world in recent years, resulted in safety becoming a key aspect in business. In this context, more and more is being talked about the intermodal transport, which still has a huge development potential in Poland. It is a type of transport that creates modern chains connecting several types of transport into one system, ensuring greater predictability and regularity of shipping, than road transport alone. Using mainly railways and waterways, it is also more environmentally friendly than road freight. - The development of intermodal transport stems from the security it gives companies in the current, difficult time for business. It is the best logistics solution in the economic downturn, when peace of mind is more important than ever. The development of this type of shipping is closely related to the railway. The network of reloading terminals is constantly developing in Poland. More and more entities are interested in expanding the infrastructure for this form of transport. More than 20 companies are already involved in the implementation of intermodal rail transport in our country. We are currently looking for parcels with railway sidings for several clients. It should also be noted that this type of transport is very prospective in the context of EU directives, due to lower emissions than road transport - says BartÅ‚omiej Zagrodnik, Managing Partner, CEO at Walter Herz. Less emissions, more subsidies The intermodal business will grow faster in the near future, increasing the share of rail transport, due to the European Union policy and the global trend of reducing CO2. The EU plans to minimize the effects of the development of road transport, such as air pollution, road damage, noise and safety risks. The goal is to reduce greenhouse gas emissions from transport by 60 per cent by 2050. They want to achieve it by transferring 30 per cent of transport over a distance of over 300 km from roads to lower-emission means of transport, and reducing road transport by 50 per cent by 2050. The difficulty with intermodal transport in our country is the low density and uneven distribution of intermodal terminals, where transshipment to another means of transport takes place. According to Statistics Poland, in 2021 in Poland we had 39 active terminals where container units were reloaded between two different means of transport. Including 4 sea terminals, handling sea-rail, sea-road shipments and 35 land terminals, which are constantly growing. In June 2022, Laude Smart Intermodal opened its largest domestic terminal in Zamosc, which will be used to receive cargo from Ukraine. However, as much as 75 per cent of goods transported over 300 km in Poland are still transported via trucks. Meanwhile, in the EU in 2020, long-distance road transport of containers amounted to the average of only 40.5 per cent total road transport of cargo containers. Great potential for development of the industry The potential of intermodal transport in Poland is slowly, but regularly growing. According to Statistics Poland, in 2021, a total of over 82 million tons of containerized cargo was handled in intermodal terminals in Poland, which means a several percent increase compared to the previous year. Most cargo was transported by sea. Last year, intermodal rail transport shipped 26.5 million tons of cargo in Poland. 23 companies provided intermodal rail transport. Poland has the right conditions for the development of container transport. Mainly, due to high density of the railway network and the convenient location of our country at the intersection of international transport routes. This is particularly important in the perspective of increasing the scale of transport from the Asian market. While in 2011, goods were transported between China and Europe by several trains, in 2018 there were over 6 thousand of them. Over 80 per cent of cargo on the Asia - Europe route passes through Poland. The problem, however, is the low capacity on our eastern border and the current speed of Polish rail transport. – Intermodal transport works great in the European traffic. The pace of changes in the global economy in recent years has made everybody pay more attention to transporting wisely in terms of time and costs. And this, among others, gave room for the development of intermodal transport. The network of intermodal connections that we have created is based on the concept of building a regular network of daily rail connections, enabling the transport of containerized cargo over a long section of the route and correlated with it by road from/to the place of shipment or destination. The network of connections has the advantage of providing access to this method of transport, both for large regular cargo sequences and for single container shipments. Our intermodal trains run on schedules and take containers just like passenger trains take travelers. Terminals connected in a network of regular connections are sort of transfer stops that enable optimization of the process - explains Monika Konsor-FÄ…ferek, Marketing and Development Director at PCC Intermodal SA. – Today, the cost of transport is measured in a broad aspect, also taking into account the impact on the environment. Intermodal transport allows to reduce carbon footprint. Trains, as an environmentally friendly means of transport, ship containers over long distances, e.g. between Gliwice and Antwerp (almost1200 km), and on the last part of the route (50-100 km), cargo is delivered to the door by car. Delivery planning based on a terminal located close to the production plant is easier and enables adjustment of logistics in sudden and surprising situations - adds Monika Konsor-FÄ…ferek. Faster growth in Europe than in Poland Intermodal transport also allows to more efficiently overcome the challenges faced by road transport, such as the lack of drivers or an increase in salaries. Market analysis shows that standard vertical handling technologies in the case of container transport become competitive compared to road-only transport over a distance of about 1000 km. Looking from the perspective of environmental efficiency, most intermodal transport chains transported over a distance of 600 km already have lower external costs. An obstacle to the development of this type of services in Poland is still the low unification of semi-trailers used for intermodal transport. There is an insufficient number of those that can be used, both in road and rail transport. In addition, it is difficult to count on government programs supporting the competitiveness of railways in our country, which the intermodal business enjoys, for example in Germany. The intermodal industry in Europe is growing faster than in Poland. In 2021, combined transport saw a record high annual result in terms of the amount of transported cargo. The New Silk Road Asia-Europe railway also broke a record in this regard. Building new supply chains According to many analyses, transshipment capacity in the EU will not be sufficient to meet demand by 2030. The availability of terminals throughout the trans-European transport network requires investment. Most modernizations are needed in Spain, France and Italy. Many sections of the TEN-T network need structural upgrades, in order to enable the transport of semi-trailers by train. According to estimates, investments of around EUR 7.7 billion are required to remove network constraints. The conflict in Ukraine revealed the strategic importance of railways, as road routes were disrupted and Ukrainian ports were blocked. It turned out that the railway is irreplaceable for transport over long distances. If, with the EU funds, new terminals were launched and existing ones expanded, which would create new logistic chains after the end of the war, we would be able to think about using railway routes from East to West Europe on a large scale. ________________________________________________________________________ About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors. Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. The agency introduced the Code of Good Practice to ensure the highest ethical level of services.

Walter Herz company, a leader in the commercial real estate market, is organizing another event as part of its proprietary project - Tenant Academy. This is the 6th edition of Walter Herz’s Tenant Academy, which so far had over 40 meetings held on-site and webinars. This year, the first on-site event will be organized in Cracow. The meeting is devoted to the Cracow office market and ways to create attractive workspace for employees in the current, demanding business environment. The event will take place on November 29th, 2022, in Fabryczna Office Park complex located at 18 Aleja Pokoju Street in the center of Cracow. The Academy will be hosted by the representatives of Walter Herz, Reesco, and Nowy Styl, and representatives of Cracow business scene from Mercator Medical and zooplus will take part in the discussion panel. Participants can expect a solid dose of practical knowledge about new trends in design of office spaces. The meeting will include a premiere of report summarizing the current situation on the office market in Cracow with, among others, scheduled office projects in Cracow. After the training, participants will be able to take part in networking and exchanging views. - This event is extremely important to us, because it will be the first Tenant Academy held on-site after a long break caused by the pandemic. The idea behind our project is business meetings organized live, which enable participants to have a direct dialogue, we are now coming back to - says Emilia Legierska, Transaction Director at Walter Herz. – The meeting will be moderated by Walter Herz office market experts, while presentation as well as in the discussion panel will be mainly hosted by practitioners from Reesco (fit - out) and Nowy Styl (office furniture) who will present the latest case study and current workspace interior design projects and raise issues related to construction costs and project management. While business representatives will talk about the process of changing the office and share their experience and recommendations. In this difficult time for business, we would especially like to support companies with our knowledge and experience, because we see how much they need proper preparation for the ongoing economic changes - says Kamil Kowalewski from Walter Herz. During the training, the speakers will share their knowledge about the current situation on the Cracow office market, projects implemented in this sector and investments prepared for construction in Cracow. They will give advice on how to negotiate the terms of lease contracts and how to deal with the rising costs of renting and fitting out offices. They will talk about the main factors currently determining the choice of location, and will also indicate the latest trends in design and organization of workplaces. Walter Herz encourages representatives of companies, not only from Cracow, but the whole country, to participate in the Tenant Academy. As well as tenants and people interested in issues related to the process of leasing office space and its design, as well as directions of development of the office market in Poland. The training will take place in one of the most interesting office locations in Cracow. In one of the buildings of Fabryczna Office Park complex, where prestigious offices with a view of the mountains and the Wawel Castle, located on the 9th floor, will be made available by the leading flexible space operator on the Polish market - LOFTMILL. About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors. Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. The agency introduced the Code of Good Practice to ensure the highest ethical level of services.

MARKET WRAP: STOCKS, BONDS, COMMODITIES           On Tuesday, the S&P 500 regained the key level of 4,000 as it climbed 53 points (+1.36%) to 4003, its highest level in 2-1/2 months. The Dow Jones Industrial Average rose 397 points (+1.18%) to 34,098, and the Nasdaq 100 gained 171 points (+1.48%) to 11,724.While investors awaited Wednesday's release of minutes of the Federal Reserve's November meeting, the U.S. 10-year Treasury yield retreated 6.7 basis points to 3.760%.Semiconductors (+3.34%), energy (+3.18%), and consumer durables & apparel (+2.26%) sectors were market leaders.Best Buy (BBY) surged 12.78%, as the consumer electronics retailer raised its full-year comparable sales guidance.Agilent Technologies (A) jumped 8.07%, after the life science company posted better-than-expected quarterly earnings and raised its full-year earnings guidance.Dell Technologies (DELL) climbed 6.77% and Urban Outfitters (URBN) advanced 8.89%, as both companies' quarterly results exceeded expectations.On the other hand, Dollar Tree (DLTR) plunged 7.79% after the discount store chain said it now expects full-year earnings at the lower end of its target range.Zoom Video Communications (ZM) fell 3.87%, and Medtronic (MDT) dropped 5.30%, as both companies gave down-beat business outlook.Regarding U.S. economic data, the Richmond Fed manufacturing index posted at -9 for November (vs +5 expected).European stocks also closed higher. The DAX 40 rose 0.29%, the CAC 40 gained 0.35%, and the FTSE 100 was up 1.03%.Oil prices were boosted by Saudi Arabia saying that OPEC+ was sticking with output cuts. U.S. WTI crude futures gained $1.10 to $81.14 a barrel.Gold price added $2 to $1,740 an ounce.           MARKET WRAP: FOREX           The U.S. dollar index softened against other major currencies. The dollar index fell back to 107.16.EUR/USD rose 60 pips to 1.0302. The Eurozone's official consumer confidence index posted at -23.9 for November (vs -26.8 expected).USD/JPY dropped 96 pips to 141.18.GBP/USD gained 66 pips to 1.1889.AUD/USD increased 41 pips to 0.6646. This morning, the S&P Global Australia manufacturing purchasing managers index fell to 51.5 in November.NZD/USD rebounded 53 pips to 0.6153. Later today, New Zealand's central bank is expected to raise its key interest rate by 75 basis points to 4.25%.USD/CHF slid 65 pips to 0.9520.USD/CAD declined 77 pips to 1.3371. Canada's retail sales declined 0.5% on month in September (as expected).Bitcoin rebounded 3% to $16,100.           MORNING TRADING           In Asian trading hours, NZD/USD traded higher to 0.6178. New Zealand's central bank increased its key interest rate by a record 75 basis points to 4.25%, and signaled further tightening going forward.EUR/USD traded higher to 1.0317, GBP/USD was stable at 1.1884, and AUD/USD was little changed at 0.6644.USD/JPY edged higher to 141.32.Gold price was flat at $1,740 an ounce.Bitcoin advanced a further 1% to $16,450.           EXPECTED TODAY           November S&P Global manufacturing purchasing managers index will be announced for the Eurozone (45.7 expected), Germany (45.4 expected), France (46.8 expected), the U.K. (45.6 expected) and the U.S. (50.1 expected).In the U.S., durable goods orders are expected to grew 0.3% on month in October. The latest number of initial jobless claims is expected to rise to 228,000.The number of U.S. new home sales is expected to fall to an annualized rate of 580,000 units in October.U.S. crude-oil stockpiles are expected to decline 1.055 million barrels last week.           UK MARKET NEWS           United Utilities Group, a water and wastewater services company, reported first-half results: "Revenue was down 13 million pounds, at 919 million pounds, largely reflecting lower consumption more than offsetting the allowed regulatory revenue increase. (...) Operating profit at 259 million pounds was 74 million pounds lower than the first half of last year, (...) Reported basic earnings per share increased from (31.7) pence to 51.8 pence. (...) The Board has proposed an interim dividend of 15.17 pence per ordinary share in respect of the six months ended 30 September 2022. This is an increase of 4.6 per cent compared with the interim dividend relating to last year."Oil & Gas, basic resources and auto & parts shares fell most in London on Monday.From a relative strength vs FTSE 100 point of view, BP (+6.52% to 488p) crossed above its 50-day moving average.From a relative strength vs FTSE 100 point of view, Croda International (-1.07% to 6828p) crossed under its 50-day moving average.From a technical point of view, BAE Systems (+2.07% to 798.2p), BP (+6.52% to 488p) crossed above their 50-day moving average.           ECONOMIC CALENDAR           Time Event Forecast Importance   04:30 S&P Global/CIPS Manufacturing PMI Flash (Nov) 45.6 MEDIUM     04:30 S&P Global/CIPS UK Services PMI Flash (Nov) 47.6 MEDIUM     08:00 Building Permits Final (Oct) 1.526M MEDIUM     08:30 Durable Goods Orders MoM (Oct) 0.3% HIGH     08:30 Initial Jobless Claims (19/Nov) 228k MEDIUM     08:30 Durable Goods Orders Ex Transp MoM (Oct) 0.1% MEDIUM     09:45 S&P Global Manufacturing PMI Flash (Nov) 50.1 MEDIUM     09:45 S&P Global Services PMI Flash (Nov) 49.3 MEDIUM     09:45 S&P Global Composite PMI Flash (Nov) 49.5 MEDIUM     10:00 New Home Sales (Oct) 580k HIGH     10:00 Michigan Consumer Sentiment Final (Nov) 54.7 MEDIUM     10:30 EIA Gasoline Stocks Change (18/Nov) 383k MEDIUM     10:30 EIA Crude Oil Stocks Change (18/Nov) -1.055M MEDIUM     13:00 Baker Hughes Total Rig Count (25/Nov)   HIGH     14:00 BoE Pill Speech   MEDIUM     14:00 FOMC Minutes   HIGH

The world-leading Blockchain Expo series will arrive at the London Olympia on the 1-2 December 2022 to host its sixth annual Global event. It will bring together key industries from across the globe for two days of top-level content and discussion across 6 co-located events with IoT (Co-Locating 5G), AI & Big Data, Cyber Security & Cloud, Edge Computing and Digital Transformation Week. 6,000 attendees are expected to congregate for the event including CTOs, Heads of Innovation and Technology, IT Directors, Developers, Start-Ups, OEMs, Government, Automotive, Operators, Technology Providers, Investors, VCs and many more. The Blockchain Expo will showcase the most cutting-edge technologies from more than 200 exhibitors and provide insight from over 250 speakers sharing their unparalleled industry knowledge and real-life experiences. The Blockchain conference agenda will present a series of expert keynotes, interactive panel discussions and solution-based case studies. All exploring the key industries that are set to be disrupted the most by this new technology, including; legal sectors, retail, financial services, healthcare, insurance, energy, music, government, real estate and more. With the speakers and panellists from the most influential names in the sector, including:  Johnson & Johnson  Shell  Mercedes Benz  Vodafone  Pepsico  Standard Chartered Bank  Lloyds Banking Group  Mastercard  Bank of America  Redlight Finance  Natwest Group  HSBC… and many more! Register now and listen to inspiring presentations, including: - Presentation: The bleeding edge of R&D in healthcare with a blockchain foundation - Presentation: NFTs for Sustainability - Panel: Building Better – Blockchain Technologies for more sustainable business - Panel: Implementing CDBCs globally – are we ready for CBDCs in the current landscape? - Presentation: Keys to unlocking metaverse business - Panel: The Absence of Regulation in the Digital Assets Landscape - Panel: The Metaverse - Presentation: The Internet of Value – the Next Stage for a Connected World - Presentation: Building DLT Asset Tokenisation Platform and many more! Event highlights include: +150 exhibitors +5000 attendees +100 speakers 5 co-located events In-person and virtual event Find out more

Finance Magnates Group’s London Summit (FMLS) is returning for its 10th Anniversary this fall, uniting executives and key industry players on November 21-23, 2022. This year’s FMLS will feature an extended two full days of exhibition, with a larger than ever slate of panels, seminars, and workshops at Old Billingsgate, London. Since its inception back in 2012, London Summit has solidified its stance in the industry as the largest event of the fall. The past decade has seen an expanding coverage of verticals that now includes fintech, cryptocurrencies, payments, online trading, and new technology brands.   SIGN UP FOR FMLS 2022!  

NFT Paris is an event company founded in 2022 by Côme Prost-Boucle and Alexandre Tsydenkov, who both graduated from X-HEC Entrepreneurs (the joint entrepreneurial degree of HEC Paris and Ecole Polytechnique). Get tickets with 15% discount The first edition, NFT Paris 2022 was the first major NFT event held in Europe, and had over 4,000 people on the waiting list for a total of 800 attendees. Among nations, France has positioned itself as a pioneer across the NFT scope, with early pure players becoming leaders in their industries. Internationally, the capital of the arts is recognized by all as the major epicenter of the artistic sector, luxury, fashion, and an infinite source of inspiration for all creators. GM @GrandPalaisRmn 🫡February 24-25, 2023 | Grand Palais Ephémère. pic.twitter.com/aPUOlEtHdv — NFT Paris (@nft_paris) July 1, 2022 The second edition, NFT Paris 2023 will be held in the Grand Palais Ephémère (close to the Eiffel Tower) on the 24th and 25th of February in Paris. The event will cover all things NFTs from Fashion, Art, Finance, Gaming , Music and Media, and more. This event allows NFT enthusiasts, collectors and entrepreneurs from all around the world to connect. NFT Paris 2023 will act as a discussion platform between NFT pure-players and the top executives of major pioneering brands that are committed to building the web3, such as LVMH, L’Oréal, Shopify, Warner Bros and Volkswagen. During the event, participants will be able to attend conferences with major NFT players and experts such as Greg Solano (founder of Yuga Labs, Bored Apes Yacht Club), Farokh (founder of RugRadio), Nicolas Julia (founder of Sorare), Yat Siu (founder of Animoca Brands), Sébastien Borget (founder of The Sandbox), Matt Medved (founder of NFT Now), or Punk6529 (founder of OM). First edition review  

CD PROJEKT RED is proud to announce that the studio's first-ever anime series Cyberpunk: Edgerunners has been nominated in the "Best Adaptation" category for The Game Awards 2022.The annual awards ceremony, which celebrates outstanding achievements from across the gaming industry, will stream live on December 8th from Microsoft Theater in Los Angeles. The "Best Adaptation" category is focused on video game IPs that have been adapted to other mediums, such as television and film, and users can now vote for their favorite from a selection of five nominees, which includes Cyberpunk: Edgerunners. The Game Awards 2022 "Best Adaptation" — VOTE NOW     Created in collaboration between CD PROJEKT RED and the legendary Studio Trigger, Cyberpunk: Edgerunners was released on Netflix to widespread critical and fan acclaim in September 2022, quickly becoming one of the most popular shows on the streaming service. A mature coming-of-age story inspired by, and set in, the world of Cyberpunk 2077, the standalone 10-episode series follows the story of David Martinez — a street kid trying to survive in a technology and body modification-obsessed city of the future. Following a tragic personal loss, David chooses to take control of his own life and plunges himself into the deadly underworld of Night City, taking on work as an edgerunner — also known as a cyberpunk — with a crew of cyber-enhanced mercenaries. For more information on Cyberpunk: Edgerunners, sign up for the Edgerunners newsletter on the official website. Source: CD PROJEKT

Join us on February 15-16, 2023, in San Francisco, California, for the eighth edition of Deep Learning Summit! This 2-in-1 Summit features access to both the Deep Learning Stage and Enterprise AI Stage. Discover advances in deep learning algorithms and methods from the world's leading innovators. Learn from industry experts in speech & pattern recognition, neural networks, image analysis and NLP. Explore how deep learning will impact healthcare, manufacturing, search & transportation. The summit will showcase the opportunities of advancing trends in deep learning and their impact and successful applications in business. Where do the challenges still lie in research and application? Learn the latest technological advancements & industry trends from a global line-up of experts. A unique opportunity to interact with industry leaders, influential technologists, data scientists & founders leading the AI revolution. Learn from & connect with 200+ industry innovators and regulators sharing best practices and advice to improve regulatory compliance, data strategy, and risk. To register, visit: https://ai-summit-west.re-work.co/register

High inflation is one of the factors that will have a huge impact on budgeting related to leasing office space by tenants in the near future. The first and second quarter of 2023 will be crucial for the office market - the indexation of rental rates may reach even 9%. In addition, an increase in operating costs is certain due to the update of utility rates and the new minimum wage rate. The unstable euro exchange rate is also a big challenge, and in most cases, the rent is converted from EUR to PLN. Considering the above, according to Avison Young, in some buildings maintenance costs may increase by over 50 per cent. In Warsaw, the range of prices for renting office space has never been so wide. In buildings offering the highest standard, located in the very center (CBD), base rental rates are twice as high as in the office buildings located further away from the center. In the most prestigious buildings in the city center, base rents reach EUR/28 sq m./month, and in SÅ‚użewiec, the once popular Warsaw business district, they oscillate between EUR 13.0 and EUR 15.0/sq m./month. The expected update of rental prices will have a significant impact planning expenses related to running a business. According to Avison Young, this may make some companies verify their budgets and turn to cheaper locations. Prices will be much higher. Moreover, there will be a supply gap on the office market. In Warsaw, it will be the most visible in 2023 and 2024. The recent period of turbulence and changes has limited the inflow of new investments. At the end of Q3 2022, only 160 thousand sq m. of space remained under construction on the Warsaw market, while in 2019 there were over 800 thousand sq m. of offices under construction. In 2023, according to Avison Young, Warsaw's resources will increase only by approx. 65 thousand sq m. of space. Some of the more interesting projects that are being prepared for construction include Drucianka Campus, The Form, The Vibe, Port Praski towers, the ‘new’ Atrium International, Towarowa 22. Demand for Warsaw offices remains at a record-high level. In 2021, almost 650 thousand sq m. of space was leased. Such high demand meant that the space available on the market in new office buildings was absorbed at the beginning of this year. Now, the offices in the capital are even more popular. From January to the end of September 2022, over 600 thousand sq m. has already been leased. Demand begins to exceed supply, and this affects landlords’ expectations concerning rent. According to Avison Young, the already insufficient number of large office units in centrally located A-class buildings forces tenants to extend lease agreements. In addition, small supply of new space in the upcoming months, prompts companies to take steps to secure space for the future. Tenants who decide to relocate often sign contracts for a longer period, up to 7 years, which allows them to reduce costs of arranging new workspace. High demand for space, generated by the return of employees to offices and an increase in rental rates and operating fees, which reduces the yields of real estate capitalization, motivates investors to enter into transactions in this sector. At the end of September 2022, the total office investment volume in Poland reached almost EUR 1.8 billion, thus exceeding the sector's full-year result from 2021. The office sector had the largest share in the pool of all investment transactions concluded in Poland at that time, which exceeded 40 per cent. Out of 21 office transactions in Q1-Q3 2022, 15 concerned regional office markets. Avison Young contributed to this result - the investment consulting team finalized the sale of the most recognizable office building in WrocÅ‚aw - Sky Tower. However, such a large volume was achieved mainly due to two spectacular Warsaw transactions. In addition to the largest transaction in history with a single office asset - the acquisition of The Warsaw Hub by Google for EUR 583 million - Warsaw market also saw the fourth largest transaction in history with a single office asset - Generation Park Y, located at the DaszyÅ„skiego roundabout, which was bought by Hansa Invest for over EUR 285 million euro. Avison Young points out that major institutional investors have narrowed down their investment criteria due to high financing costs and the need to take into account ESG aspects. The increase in construction costs in recent years, as well as the continuous increase in rents, has provided a huge competitive advantage and better yields for owners of existing properties, in relation to those under construction.

CD PROJEKT RED announced today that The Witcher 3: Wild Hunt - Complete Edition will release December 14th, 2022, on PlayStation 5, Xbox Series X|S, and PC.   Enhanced with the power of next-gen consoles and modern PC hardware in mind, the upcoming release of CD PROJEKT RED's award-winning role-playing game will feature dozens of visual, performance, and technical enhancements over the original. These include ray tracing support, faster loading times on consoles, as well as a variety of mods integrated into the experience, among many others. Along with new additional content inspired by The Witcher series from Netflix, these will be covered next week in a dedicated REDstreams event on Twitch, where the studio will present gameplay from the next-gen version of the game.The next-gen version of The Witcher 3: Wild Hunt - Complete Edition will be available for purchase digitally on PlayStation 5, Xbox Series X|S, and PC, featuring all free DLCs released to date, and both major expansions: Hearts of Stone & Blood and Wine. Moreover, a free next-gen update will be available for everyone who owns any release of the game for PlayStation 4, Xbox One, and PC. A physical edition will be released following the initial digital rollout, with a specific date to be announced at a later time.   In addition to the next-gen release, the PlayStation 4, Xbox One and Nintendo Switch versions of The Witcher 3: Wild Hunt will also receive an update featuring numerous additions and improvements, as well as the Netflix Witcher-themed additional content. Further details, including the release date, will be announced soon. For more information about The Witcher 3: Wild Hunt, visit the official website, as well as follow the game on Facebook and Twitter. Source: CD PROJEKT

After 7 highly successful events, European Blockchain Convention 2023 is ready to be held again on 15-17 February at the 5-star hotel Hyatt Regency Barcelona. The event will welcome more than 3.000 attendees at what will be the largest edition since the event was launched in 2018. Bringing together startups, investors, developers, industry experts and global media, the event will once again be the annual meeting point of the industry in Europe. The three-day event will feature more than 200 exceptional industry experts across a variety of panels, keynotes, workshops, and fireside chats. Confirmed speakers include: Tim Grant, Head of EMEA, Galaxy Digital Stani Kulechov, Founder & CEO, AAVE Emma Lovett, Markets DLT, Executive Director, JPMorgan Chase Dotun Rominiyi, Director of emerging technology, London Stock Exchange Matteo Melani, NFT Engineering Manager, Meta Joshua Ashley Klayman, Head of Blockchain & Digital Assets, Linklaters Marc Schaumburg, Executive Producer, Sony Pictures Entertainment Teana Baker-Taylor, VP, Policy & Regulatory Strategy, UK/EU, Circle Matus Steis, Token Design Lead, Outlier Ventures Francisco Maroto, Blockchain Lead, BBVA Nadia Filali, Head of Blockchain Programs, Caisse des Depots Coty de Monteverde, Blockchain Center of Excellence Director, Banco Santander Emma Landriault, Blockchain & Digital Asset Product Lead, Scotiabank Laurent Marochini, Head of Innovation, Société Générale Securities Services Chia Jeng Yang, Investor, Pantera Capital Victoria Gago, the founder of European Blockchain Convention said, “After selling out tickets and sponsorships 2 weeks before EBC22, we are delighted to be back in the city for an even bigger and better event”. “EBC23 will be held across 3 stages with more than 100 sessions on institutional crypto adoption, crypto investing for institutions, DeFi, crypto derivatives, stablecoins, tokenization, issuance of digital assets, regulation, building web3, custody & wallets, metaverse & gaming, among others”, Victoria continued. ”EBC23 will have a 2.000 sqm exhibition area, where attendees will network with the biggest players in the space. After sundown, visitors will roll up their sleeves and network, accompanied by a DJ and some drinks”, Victoria remarked.   About European Blockchain Convention Renowned by many as the most influential blockchain event in Europe, European Blockchain Convention is the annual meeting point for entrepreneurs, investors, developers, corporates and global media in Europe. EBC was born in 2018 in Barcelona with the mission to inform, educate, and connect the global blockchain community. For more information on tickets or to get involved, visit https://eblockchainconvention.com/ Get your tickets with our special promo code FXMAG25 to unlock 25% off on all ticket types!

Monika Bereza joined Avison Young in Poland taking the role of Project Manager in Technical Advisory department. She is an engineer with unlimited building license for managing construction works in scope of mechanical and HVAC installations and a manager with an MBA title. Monika has almost 20 years of experience in managing various projects, with budgets ranging from several hundred thousand to several dozen million PLN. Before joining Avison Young, she worked - among other companies - at WaryÅ„ski S.A., Atlas Estates and Yareal. The greatest experience she gained in the office, residential and hotel sectors. Some properties she has worked on: EQlibrium II in Warsaw, Atlas Tower in Warsaw, Hotel Hilton in Warsaw, Hotel Grand’s casino in Łódź, Sadowa Business Park in GdaÅ„sk, multifamily residential projects in Warsaw at KonstanciÅ„ska 11A, LondyÅ„ska 5. Avison Young's Technical Advisory department consists of experienced market professionals, all with unlimited building licenses for managing construction works in all the branches. The team has recently delivered across Poland such services as technical due diligence, project monitoring, bank monitoring, as well as comprehensive technical advisory services for several PRS projects in Warsaw, on behalf of the investors. "Monika is joining in a very active period at our department - comments Tomasz Daniecki, Director, Head of Technical Advisory, Business Development - We have a lot of open projects, and some more in the pipeline. We are expanding the team to provide our clients with the highest quality of services and to maintain the current pace of work. I am glad that Monika is joining us, as she is a motivated person with extensive experience in the industry." Avison Young Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. Headquartered in Toronto, Canada, Avison Young is a collaborative firm owned and operated by its principals. In the Central Eastern Europe and South Eastern Europe the firm is operating in Bulgaria, Czech Republic, Hungary, Poland, Slovakia and Romania, offering a broad range of consultancy services. In the Polish commercial real estate market, Avison Young is providing professional consultancy services such as office agency, investment advisory, valuation consultancy, technical advisory and project management.

Investments in hotel real estate are slowly recovering The volume of investment transactions recorded in the hotel sector on European markets in the first half of 2022, reached similar level to the last year's. The UK remains the most active market, followed by France, Italy, Spain and Germany. Hotel assets in Western Europe enjoyed exceptional success before the pandemic. In 2019, the value of the transaction volume in this segment reached the highest annual level in history - EUR 27.1 billion (HNR Hotel News - European Hotel Transactions 2019 data). After a very good 2018, 2019 was a record year with a record high of 46 per cent increase in the value of transactions year on year. In the first half of 2022, despite a significant revival in travel demand, the value of transactions in the hotel segment in Western Europe remained at a similar level as the last year. Investors are hampered by the growing costs of financing and maintaining the facilities, as well as the limited number of properties offered for sale. Transactions in Europe This year, Crowne Plaza BlackFriars in London, Adagio Aparthotel in Edinburgh (transaction value £ 40.5m), among others, found new owners on the British market. Tristan bought a majority stake in Point A Hotels, and KSL bought Pig Hotels. In France, Pont Royal Paris hotel, Crowne Plaza hotel in Paris (EUR 100 million), Club Med. Alpe d'Huez hotel, Hotel Club Med hotel, Grand Massif Samoens Morllon hotel were subjects of transactions. In Switzerland, Hotel Schwanen located in Rappersiwil was the purchased for PLN 120 million. In Italy, Grand Hotel & La Pace hotel in Montecatini Terme (30 million euro), Majestic hotel in Rome, and NH Milano Palazzo hotel in Moscova have changed their owners. In Spain, Radisson Blu 1882 Hotel Barcelona (EUR 75 million), Hard Rock Hotel Madrid (EUR 65 million), Princesa Plaza Hotel in Madrid (EUR 175 million), 7Pines Resort Hotel in Ibiza (EUR 130 million) were purchased as well. Three hotels in Spain and the Netherlands were also acquired by Invesco Real Estate (EUR 100 million). In addition, as part of a portfolio transaction, Engel & Volkers Asset Management purchased two Seven Pines hotels in Ibiza and Sardinia and the Schloss Roxburghe hotel in Heiton, Scotland for approximately EUR 280 million. Moreover, Premier INN hotel in Dublin, InterContinental Estoril Hotel in Lisbon (EUR 22 million) and Motel One Antwerp Site in Antwerp, Belgium have changed their owners. - In Poland, since the purchase of the Regent Warsaw Hotel by PHN in February 2021, one of the few transactions was the purchase of the Hotel Metropolis Design hotel with 60 rooms located in Cracow at Wygoda street, which during this year's holidays was purchased by the Israeli chain Fattal Hotels from Metropolis SA - says Katarzyna Tencza, Associate Director Investment & Hospitality at Walter Herz. Investment brakes Walter Herz points out that the profitability of hotels in Poland is declining. - Inflation makes maintenance costs grow faster than the prices of hotel services. Hence, hotels are not assets that investors are looking for today. Investment operations are stifled by drastically rising costs, mainly of energy, gas and services. The industry is facing a serious increase in gas prices, the price of which has gone up by over 300 per cent and electricity, which went up by about 200 per cent in one year. Therefore, it is with great relief that the industry has adopted the maximum energy tariff recently introduced by the government, which is to apply from December, 2022. For three years, investors have had difficulties in obtaining financing for hotel investments from the banks. In addition, with the current interest rates, the cost of financing is very high - admits Katarzyna Tencza, Associate Director Investment & Hospitality at Walter Herz. - Increased interest in holiday locations translates into the prices of investment plots in popular resorts, which have gone up substantially. As much as 30 per cent over the last year. Few entities report a need for land for city hotels, but quite a large group of investors are looking for market opportunities - informs Katarzyna Tencza. - Increased activity in the hotel sector is directly related to the recently introduced facilitations in the implementation of PRS projects on land designated for retail and service. Investors planning to build apartments for rent are competing for plots with companies that operate on the hotel market – adds Katarzyna Tencza. New properties in Poland Although the number of hotel developments has significantly decreased over the last three years, new resort and city hotels are still entering the Polish market. Interestingly, the data from Statistics Poland shows that in 2021 the resources of the Polish market increased by over 8.5 thousand rooms. Almost twice as much as the average from recent years. Such a large increase in supply in the hotel sector has not been recorded since 2008. This is the effect of commissioning the facilities, the construction of which was delayed due to difficulties related to macroeconomic changes on the market. According to Walter Herz, there are over 2 800 categorized hotels in Poland, including 84 five-star hotels, which offer a total of over 222 thousand rooms. The number of hotel facilities in Poland is growing. Five-star hotels have been built in MiÄ™dzyzdroje, WisÅ‚a and Krynica Zdrój, which provide a standard that was lacking in these locations. A lot of new hotels have been opened in recent quarters, and the construction of more has been scheduled. Announced projects Radisson Hotel Group announces further expansion in Poland. This year alone, the Group opened Andersia Hotel & Spa PoznaÅ„ in PoznaÅ„ and Radisson RED GdaÅ„sk on Wyspa Spichrzów island in GdaÅ„sk. Over the next two years, the Group is planning to open 6 new hotels in Poland. One of the next facilities of this brand will be built, among others in Ustronie Morskie. Radisson Resort & Suites Ustronie Morskie, which will offer 187 apartments measuring up to 67 sq m. and 89 rooms is expected to open in 2025. Hotel GoÅ‚Ä™biewski in Pobierowo, located right by the sea, is also under construction, offering family rooms with an average size of 60 sq m. The opening of the complex has been postponed to the summer season. In Gdynia, near KoÅ›ciuszko Square, Allenortt Capital plans to build a four-star hotel. The construction is to begin in 2023. The hotel is to be completed in two years. In turn, a large hotel with 200 apartments is to be built in the spot of PoznaÅ„ tennis courts. ATENOR and Ennismore companies are planning on building TRIBE Warsaw Airport hotel in FORT 7 near Warsaw Chopin Airport. A new city hotel in Warsaw, the investor of which is Europlan company, will also appear under the Campanile brand. A new hotel facility will also be erected in BiaÅ‚obrzegi on the Pilica river. Construction works are to start this year. In PoznaÅ„, Radisson Hotel Group wants to open the first hotel in Poland under the Radisson Individuals brand - Andersia Hotel & Spa PoznaÅ„, which will offer 172 rooms. Moreover, recently B&B Hotels chain celebrated the opening of B&B PoznaÅ„ Old Town hotel located at Plac WolnoÅ›ci square, which is the largest facility of this brand in Poland. In addition, Rafin company won the tender for the reconstruction of the historic Hatzfeld Palace located at Wita Stwosza Street in WrocÅ‚aw. After the reconstruction, Marriott International hotel under Autograph Collection brand is to be built on this spot. Also, a five-star hotel called Altus Palace was opened this summer in the historic Leipziger Palace in WrocÅ‚aw. After a long break, the construction of the Hilton Garden Inn hotel in Radom has started. It is to be completed by the end of 2023. About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors. Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. The agency introduced the Code of Good Practice to ensure the highest ethical level of services.

RoboForex is a broker with many years of experience in the industry and has received numerous awards for its activities. RoboForex offers CFDs on numerous asset groups. What are the details of this broker's offer? What are the opinions about the broker? About RoboForex RoboForex is a brokerage company with a market presence since 2009. It currently has over 1 million clients in 169 countries. The broker has many years of experience in the industry and received over 30 awards. In addition, it supports innovative sports projects and achievements. RoboForex is the official sponsor of both Andrei Kulebin - the world champion in Thai boxing and kickboxing. In 2022, it also became an Official sponsor of Club Cienciano. RoboForex offers CFDs on 8 asset groups, which include currencies, stocks, indices, ETFs, commodities, precious metals, energies and cryptocurrencies, and more than 3,000 real stocks. What regulatory authorities is RoboForex subject to? RoboForex Ltd is an international FSC-regulated broker operating under license number 000138/333. The license covers "trading in financial and commodity derivatives and other securities." The company is incorporated in Belize. RoboForex Ltd is an official member of the Financial Commission, an international organisation that settles disputes between participants and their clients. RoboForex is also a member of the Commission's Compensation Fund (a pool of money serving as an insurance policy for members' customers). Since 2018, RoboForex Ltd regularly undergoes an Order Execution Quality Audit on the Trade Verification Service (VMT), which provides an objective assessment of how brokers execute trades. Successful completion of this audit confirms that the company complies with the strict requirements that the Financial Commission expects from its members. Contact details of RoboForex RoboForex Ltd is registered in Belize at 2118 Guava Street, Belama Phase 1, Belize City, Belize. The company's registered office is at 9724 Ramiro Duran Street, Belize City, Belize. The company can be contacted by phone, chat, and through a contact form. Customer support is available 24/7. The broker is also present on social media - Facebook, Instagram, Twitter, and YouTube. RoboForex broker offer - Basic information The brokerage company offers CFDs on numerous assets: currencies, stocks, indices, ETFs, commodities, precious metals, energy commodities, and cryptocurrencies. The offer includes over 35 currency pairs, over 12,000 CFD instruments on stocks of listed companies (e.g. Apple, Twitter, Volkswagen, and many others), popular stock indices, 33 cryptocurrencies, over 20 precious metals (including gold, silver, palladium, platinum), over 100 commodities (including agricultural raw materials such as cocoa, soybean or corn) and energy resources such as Brent crude oil, WTI, and natural gas. Moreover, RoboForex clients have access to more than 3,000 Nasdaq and NYSE stocks in the R StocksTrader platform. RoboForex offers 5 types of accounts: Prime, ECN, R StocksTrader, ProCent, and Pro. They differ in the size of the minimum deposit, the amount of the spread, and the commission. The conditions for the individual accounts are presented in the table below: Trading platforms at RoboForex The broker offers access to the MT4, MT5, cTrader, R StockTrader platforms, and R WebTrader. MT4 is a classic Forex and CFD trading platform and is the most popular and easiest to use. MT5 is a more advanced version of the classic platform with a set of additional features. cTrader is a platform for professional traders that gives direct STP access to the global currency markets. R StockTrader is a next-generation online platform that enables you to trade the most advanced instruments, including ETFs. R WebTrader is the company's own platform and comes both in the form of a web terminal and a mobile application (MobileTrader). RoboForex - Promotions and bonuses with this Forex broker RoboForex offers a welcome bonus of $30 to all new clients. There is also a Profit Share bonus option, which can be up to 60% of the deposit amount on all RoboForex Standard and Cent accounts. In addition, you can get a Classic bonus of up to 120% on your first deposit and all subsequent deposits. Moreover, from July 2022 to April 2023, a promotion is running on the occasion of the 12th anniversary of RoboForex, giving the chance to win monthly prizes ranging from $1,000 to $20,000. Safe Forex Broker - Are there any warnings on the Internet about RoboForex? The broker has the appropriate licenses for carrying out its activities. Currently, there are no warnings online about RoboForex. Reviews of RoboForex - Is it worth trading with RoboForex? Leave your opinion or comment! There are numerous opinions and comments on the web about RoboForex, the vast majority of which are positive. On the website with reviews of various companies, https://www.trustpilot.com/review/, RoboForex received 3.6 stars out of 5 with 13 votes. 61% of voters chose the highest rating and 8% a good one. If you want to share your opinion about RoboForex, be sure to do so in the comment section below this material. This is a helpful reference source for people who are considering opening an account with this broker. None of the comments is deleted by the administration. Your comment can help or harm the brokerage company; it is, therefore, important that you try to formulate your opinions objectively. RoboForex - investor education. Does the broker provide educational materials? There is a dedicated section on the brokerage company's website that contains educational materials. There, you will find a daily analysis of the situation in the markets, an economic calendar, and a blog with articles about individual markets and the most important upcoming events. There is also a section with answers to the most frequently asked questions regarding the operation of the trading platforms, the deposit and withdrawal of funds, order execution, etc. How to create an account with RoboForex If you want to set up an account with this broker, please complete the contact form in which you must provide your basic data, e-mail address, and telephone number. Then follow the further instructions. There is an option to try out a demo account before deciding on real trading. How to deposit and withdraw funds Funds can be deposited and withdrawn via bank transfer, payment cards, and electronic payment processors such as Perfect Money, AdvCash, and AstroPay. Currently, the broker does not charge any commission for fund deposits, and commission withdrawals are available twice a month. INVESTMENT RISK WARNING CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 58.42% of retail investor accounts lose money when trading CFDs with this CFD provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

Coinciding with the 15th anniversary of the first Witcher game's release, CD PROJEKT RED has announced today that The Witcher Remake is currently in the works, and has also shared the first details regarding the project.   Previously referred to by the codename "Canis Majoris" during the studio's Strategy Update earlier in October, the remake will be a modern reimagining of 2007's The Witcher — the first game in CD PROJEKT RED's acclaimed RPG trilogy. The title will be built from the ground up using Unreal Engine 5 technology, and will use the toolset CDPR is creating for the new Witcher saga. The project is currently in the early stages of development at Fool's Theory — a game development studio specializing in role-playing games. The team employs numerous veteran developers who previously worked on The Witcher 2: Assassins of Kings and The Witcher 3: Wild Hunt, and CD PROJEKT RED is providing full creative supervision.     "The Witcher is where it all started for us, for CD PROJEKT RED. It was the first game we made, ever, and it was a big moment for us then. Going back to this place and remaking the game for the next generation of gamers to experience it feels just as big, if not bigger," said Adam Badowski, Head of Studio, CD PROJEKT RED. "Collaborating with Fool's Theory on the project is just as exciting, as some of the people there have been previously involved in The Witcher games. They know the source material well, they know how much gamers have been looking forward to seeing the remake happen, and they know how to make incredible and ambitious games. And although it will take some time before we're ready to share more about and from the game, I know it'll be worth the wait.""I am very happy that my professional paths have crossed again with fellow developers from the time of working together on The Witcher 2 and The Witcher 3. Especially when it's a remake of a project that is so close to our hearts," said Jakub Rokosz, CEO, Fool's Theory. "We are excited to join forces with CD PROJEKT RED, and our goal is to give players another great game from the iconic Witcher series."To keep up to date on The Witcher series of games, including The Witcher Remake, follow the official website, Facebook, and Twitter. Source: CD PROJEKT

Author: Paulina Brzeszkiewicz-KuczyÅ„ska, Research and Data Manager, Avison Young Polish investment market falloff? Not this time! Nowadays, making investment decisions is accompanied by particularly careful analysis. The conflict in Ukraine, rampant inflation and skyrocketing interest rates affect all markets in Central and Eastern Europe. The industry now finds itself in a difficult macroeconomic environment, accompanied by the looming potential energy crisis. Nevertheless, in the first three quarters of 2022, the investment market in Poland did not show any alarming signs of slowdown. On the contrary, the total volume of transactions in the commercial real estate sector exceeded the result of 2021 by over 20%. The real estate sector is still a great hedge against inflation thanks to rising rents. Previously unfinished transactions were pushed to 2022. Avison Young notes that the recorded result was shaped by five spectacular transactions which accounted for 47% of the total investment volume in Q1-Q3 2022. After the domination of the office sector seen in the first half of 2022, in Q3 2022 the industrial sector took the lead again. The office market, in turn, saw an increase in the volume of transactions in Warsaw. The retail sector is invariably based on smaller facilities, such as retail parks and convenience schemes. In Q3, residential sector saw two PRS transactions concluded in Warsaw and WrocÅ‚aw. When it comes to capital sources, Israeli investors and funds were particularly active in the past quarter. EUR 4.3 bn. – total investment volume Q1-Q3 2022 84 transactions vs. 103 transactions in Q1-Q3 2021 Third best Q1-Q3 period since 2016 OFFICE SECTOR Warsaw comes out of the regional markets’ shadow Office sector in Poland continuously sparks investors’ interest. However, major institutional investors have narrowed their investment criteria as a direct result of the current cost of debt and the focus on ESG. The growth in construction costs over the past years accompanied by continuous rental growth offer landlords’ of existing assets a huge competitive advantage and improved returns over a new-build projects when setting rental rates and leasing strategies. With EUR 1.77 billion, corresponding to a 41% share in the total transaction volume, the office sector dominates in terms of the value of transactions that were made in Q1-Q3. However, the distance to the industrial sector shrunk from 20% in H1 2022 to only 5% in Q1-Q3 2022 period. Among 21 office transactions recorded in Q1- Q3 2022 period, 15 regarded regional office markets. Nevertheless, Avison Young points out that two most impressive deals took place in Warsaw. H1 2022 was dominated by the office acquisitions on the regional markets, which amounted for 80% of number of deals signed and shared the same investment volume as transacted in Warsaw, because of the extraordinary acquisition of The Warsaw HUB. Q3 2022 tipped the scales slightly in favor of the capital city. The 4th biggest office transaction in Poland, namely the purchase of Generation Park Y by Hansa invest, brought Warsaw ahead, with 55% share in office investment volume in Q1-Q3 2022 period. EUR 1.77 bn. – office investment volume Q1-Q3 2022 55% of which was transacted in Warsaw in Q1-Q3 2022 The 1st and the 4th largest single-office-building acquisitions in Poland since the beginning of the market TOP 10 biggest single-office-building acquisitions in Poland   Office Building Size m2 Office District Transaction Year 1 The Warsaw HUB 101,000 City Centre West 2022 2 Warsaw Spire A 71,200 City Centre West 2019 3 Rondo 1 58,000 CBD 2014 4 Generation Park Y 47,600 City Centre West 2022 5 Warsaw Financial Center 50,000 CBD 2019 6 Q22 53,800 CBD 2016 7 Rondo 1 58,000 CBD 2006 8 Eurocentrum Office Complex 84,100 Jerozolimskie Corridor 2019 9 Metropolitan 38,300 CBD 2021 10 Rondo 1 58,000 CBD 2005 Source: Avison Young INDUSTRIAL SECTOR Secondary hubs hold the guns Industrial and logistics, being the darling sector of 2021 sought-after by almost every institutional investor stays atop the shopping list also in 2022. Avison Young points out that investors still want to purchase warehouse properties, while owners are not ready yet to lower prices. Hence, the overall volume of the sector records relatively lower results. Demand is propelled by the record low vacancy, which in turn, is driving rental growth across Poland. Q3 2022 strengthened the warehouse sector position as far as Polish investment market is concerned. Acquisition of Danica industrial portfolio by CBRE IM from Hillwood was the second largest transaction recorded in Q1-Q3 2022 period. The transaction also had a significant impact on the share of portfolio transactions in the total volume of the warehouse sector, which amounted to 50%. Notwithstanding, EUR 1.54 billion of recorded investment volume didn’t catch up 2021 y-o-y results. Industrial transactions in Q1-Q3 2022 amounted to 36% of the Polish investment market volume, indicating considerable shift compared to H1 2022 (24%). Interesting pattern observed by Avison Young in Q1-Q3 2022 period in the industrial sector was the growing importance of emerging markets over the “Big Five” warehouse and logistics hubs. 47% of transacted volume regarded secondary industrial hubs. Especially visible trend is the increase of property investments in Western Poland in rising markets of Szczecin and Lubuskie Province, which is currently the most intensively developing industrial market in Poland. EUR 1.54 bn. - industrial investment volume in Q1-Q3 2022 50 % share of portfolio transactions in total volume of the sector in Q1-Q3 2022 47 % - share of secondary hubs in industrial investment volume in Q1-Q3 2022 REATAIL SECTOR Convenience and retail parks – what else? Convenience schemes still dominate the retail market in Poland. The most desirable properties are those which accommodate discounters and "value retailers", which are thriving nowadays, when buyers often limit their purchases and pay more attention to prices. Avison Young points out that Poland still offers very generous yields in retail parks (6.8%), which confirmed to be not only COVID-19 but also recession-resilient sector. Upcoming months should bring two new investors from France and Israel, attracted by the retail park product. PSPAs has been already signed. In Q1-Q3 period retail sector recorded 26 transactions, of which 17 were due to retail parks and convenience-based schemes. Redevelopment was the purpose of 5 investment deals, considering former hypermarkets as well as Sukcesja shopping centre in Łódź (stopped operations in 2020). Shopping centers featured comparable share in retail transactions, including two small facilities in PÅ‚ock and Zielona Góra, as well as EPP JVs transactions from the beginning of the year. Retail investment volume in Q2 and Q3 accounted for EUR 69 and EUR 62 million respectively, ranked on the third and second lowest place since 2016. Nevertheless, due to unprecedented results of Q1 2022, total retail investment volume at the end of September stood at EUR 859 m, what translates to 20% share in total investment market in Poland. EUR 859 m – retail investment volume in Q1-Q3 2022 17/26 share of retail park and convenience transactions in Q1-Q3 2022 5/26 share of redevelopment deals in Q1-Q3 2022 Two newcomers about to debut in the retail park sector PRS SECTOR Emerging market under investors’ magnifying glass Ballooning inflation and interest rates resulted in the slowdown on the housing sales market, which in turn increased occupiers’ demand on the Private Rented Sector (PRS). However, factors such as high construction costs resulting from increasing energy and raw material prices, unsteady supply chains and financing costs growth force some investors to temporarily suspend new projects. Previously started transactions are closing. Altogether with student housing, PRS sector featured 3% share in total investment market volume in Poland in Q1-Q3 period. Only in Q3 2022 two new PRS acquisitions were noted. Heimstaden Group finalized transaction regarding Unique Tower D in Warsaw with Marvipol Development, while Atrium European Real Estate acquired Studio Plac DominikaÅ„ski in WrocÅ‚aw from Toscom Development. PRS investment market is characterized with the predominance of forward funding agreements, thus many projects are still under development. Avison Young has been involved in the delivering wide scope of technical advisory services, from construction monitoring to final handovers for the entire Warsaw PRS portfolio by Heimstaden Group. LOOKING FORWARD A hard start to the 2022 brought many question marks regarding the condition of the Polish investment market and its future shape. As time goes on, all the stakeholders observed the market with bated breath as none of scenarios could have been excluded. Fortunately, despite treading on thin ice, the resilience of the Polish investment market has resulted in good performance again, exceeding 2021 y-o-y investment volumes by over 20%. In coming quarters, Avison Young expects the large industrial portfolios to be put on the market, benefiting from the record-high indexation rates, allowing to achieve same pricing despite increasing yield levels. Retail sector may change its course and turn investors’ attention to well-performing shopping centers again, however on much higher yields than we observed before pandemic. Hopefully, Polish investment market will keep demonstrating its strength. Let sleeping dogs lie.

Thomas Jodar has joined Workthere.pl as Associate Director, Workthere project lead Poland. The website listing platform, launched by real estate advisory firm Savills, helps occupiers find flexible co-working and serviced offices and provides free advice on leasing. The new expert will serve as chief adviser to Workthere users looking for flexible office space in Poland. In his new role he will work with JarosÅ‚aw Pilch, Head of Tenant Representation, Savills, and Head of Workthere Poland. “Looking ahead, Savills and Workthere forecast that flexible office space will account for up to 20% of the European office market. Increasingly more businesses will be looking for tools and services that will enable them not only to compare flexible office listings in a simple and intuitive manner, but also to choose the most optimal location and negotiate the best possible lease conditions. Workthere.pl is a cutting-edge tool that addresses these needs and continues to gain popularity on our market. Thomas brings a wealth of experience in working for flex providers and the traditional transactional model to further effectively develop our platform in response to the growing occupier demand for flex offices and new providers entering our market,” says JarosÅ‚aw Pilch. Thomas Jodar has over 10 years of experience in the technology sector (SaaS) and commercial real estate. Prior to joining Workthere, he was Head of Business Development at ShareSpace. Previously he worked for WeWork as Sales Director CEE and for Colliers in the firm’s tenant representation team; he was also instrumental in the development of many start-ups. During his professional career, Thomas has been responsible for building business strategies and transactions totalling over EUR 15 million. He has contributed to the largest flex office lease deals in Central and Eastern Europe for a world leader in soft drinks and a leading global consulting company. Workthere was launched in the UK in 2017 in response to the rapid growth of the co-working and serviced office market. Workthere Poland lists over 120 locations across the country’s largest cities and offers the possibility of quick and easy comparisons of various options. Flexible offices, in addition to individual private desks, also offer large corporations an option to lease larger spaces for longer. The largest transaction to date via Workthere comprised close to 1,000 desks. The platform’s experienced real estate experts provide free advice to both corporate and private clients seeking to lease flexible space.

Iris office building, located in Warsaw at 9 Cybernetyki Street has been sold by the entity being a part of CPD Group to DL Invest Group. Avison Young brokered the transaction and represented the seller in the disposal process. Iris is a modern class A office building being a part of Cybernetyki Office Park located in Mokotow Business District – rapidly developing Warsaw district. Total building space exceeds 14,000 sqm. Iris is 7 kilometers away from the city centre and only 2 kilometers from the Chopin airport. “The acquisition of such a valuable asset is an important element of DL Invest Group development strategy. Our portfolio of real estate assets is being constantly expanded through developments and acquisitions of new projects. This is another purchase of DL Invest Group closed this year. The value of our real estate portfolio already exceeds PLN 2 billion. We are capable to acquire assets and development projects quickly, thanks to a well-developed internal structure. This structure allows us also not only to conduct a quick appraisal of the property, but in particular generate additional value by revitalizing or re-commercializing of the project. We are constantly looking for attractive assets to purchase, especially those where we can generate additional value. And Iris is a great example of such an asset – with significant potential to increase value. Additionally, over 95% of the available lease space is based on strong tenants such as Asus, Poczta Polska or Saint Gobain, what guarantees constant, long-term cash flow” – comments the acquisition Dominik LeszczyÅ„ski, CEO at DL Invest Group. “Avison Young investment team knows the area very well. - comments Marcin Purgal, Senior Director, Investment at Avison Young in Poland – Our team had pleasure to represent DEKA in a disposal of two other office buildings comprising Cybernetyki Office Park – Helion and Luminar. We have also represented M7 Real Estate in a disposal of Mokotow Plaza to FLE. Mokotow Business District appears to be the most developed non-central business hub outside the city center of Warsaw. The area has undergone many urban transformations for the last few years. Attractive rental levels in comparison to the city centre are perfect for companies targeting cost‑efficient solutions within renewed office environment." CPD S.A. CPD S.A. is a real estate sector dedicated holding company controlling a group of subsidiaries, the activities of which focus primarily on the residential, office and warehouse segments in Poland and in Hungary. Our Group’s development activity consists of purchasing land and erecting buildings on this land mostly followed by a completed real estate project sale. In addition, the Company acquires existing properties and by active asset management generates additional value add by changing the use or refurbishing / optimizing the leased areas. In response to specific client needs, CPD can also provide high quality external real estate related consulting services for the benefit of investors and funds active in the Polish property market. DL Invest Group DL Invest Group is one of the most dynamically developing Polish investors operating in the commercial real estate market. Its diversified real estate portfolio is made up of three segments: logistics centres, office centres, retail parks. Carefully selected locations and projects meticulously thought out in terms of architecture, functionality and execution, combined with strict quality requirements are the factors behind the success of DL Invest Group, whose portfolio already includes more than 2,000,000 sqm of real estate. Avison Young Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. Headquartered in Toronto, Canada, Avison Young is a collaborative firm owned and operated by its principals. In the Central Eastern Europe and South Eastern Europe the firm is operating in Bulgaria, Czech Republic, Hungary, Poland, Slovakia and Romania, offering a broad range of consultancy services. In the Polish commercial real estate market, Avison Young is providing professional consultancy services such as office agency, investment advisory, valuation consultancy, technical advisory and project management.

Movie Games Publisher Sale + Premieres on GOG.com 7 October 2022 – Will you become a mythbuster or a firefighter? Why not both? Movie Games is proud to announce the official release of MythBusters: The Game and Fire Commander on the GOG.com platform. The release is accompanied by a Movie Games Publisher Sale.MythBusters the game is priced at $12.99 / €10.79 / £10.29 and Fire Commander at $14.99 / €12.49 / £11.39, both with a 15% launch discount.   All games participating in the Movie Games Publisher Sale: Fire Commander MythBusters: The Game - Crazy Experiments Simulator  Lust from Beyond: M Edition Gas Station Simulator & Can Touch This DLC Plane Mechanic Simulator Check the sale on GOG.com       FIRE COMMANDER is a game where head a group of firefighters and run a fire station between 30+ action-packed missions.You hire new recruits, train them, specialize them, and send them on missions that range from small house fires to airplane crashes, toxic spills or raging infernos that require water drops from helicopters and airplanes.Take care of your people during and between rescue actions. Send your firefighters on training courses and develop their skills. Be sure that during emergencies, everyone will know what to do.       MYTHBUSTERS: THE GAME - CRAZY EXPERIMENTS SIMULATOR is a first-person simulator based on the legendary Discovery show.It's a combination of a first-person immersive simulator with resource management and puzzle-solving. Learn how to run crazy experiments and manage the production of episodes. Take the first steps to become a MythBuster!

Avison Young launches Office Agency Department and welcomes team of experts Since launching its presence in Poland in 2019, global real estate advisor Avison Young has been providing a growing roster of clients with investment advisory and technical advisory / project management services. Following a service line expansion in August 2021 to include Valuation and Advisory, Avison Young continues this momentum and is announcing its latest investment in growth.On October 1 this year, Avison Young will welcome a team of market experts and launch a new - Office Agency service. The new team members’ experience will allow Avison Young to smoothly enter a market segment, providing an enhanced service offer to clients and further cementing its presence in the region. Marta Sypiańska, Robert Pastuszka, Maksymilian Sobczak and Przemysław Urbański join the team.Robert Pastuszka (taking the role of Director), has over 20 years of experience in the real estate market. Currently he is specialized mostly in tenant representation in the fields of office space rental and property purchase. A significant number of his clients are public institutions. He has cooperated with such clients as: Public Transport Authority, Comp S.A., Hochtief Polska S.A, Provincial Administrative Court in Warsaw, Markant Polska, Mitsubishi Motors (MMC Car Poland), Maspex Group, e-Service. In his career, he has also gained extensive experience in representing landlords, providing advisory to such companies as Immofinanz or Liebrecht & Wood, giving him an insight into the needs of both sides.Before joining Avison Young, he worked for almost 9 years at Nuvalu Polska.Maksymilian Sobczak (taking the role of Associate Director), has been active in the commercial real estate market since 2013. In his professional career, he worked in consulting companies, specializing in tenant representation. He conducted relocation and renegotiation processes in Warsaw, Wrocław, Kraków, Rzeszów and Łódź. He also supported landlords in the processes of building commercialization, working for Ghelamco, Liebrecht & Wood, BPH TFI.Maksymilian has represented clients including Abris Capital Partners, Fujitsu, MDDP Outsourcing, Moet Hennessy Polska and tenants from the public sector - Bank Gospodarstwa Krajowego (Polish national development bank), the General Inspectorate of Road Transport, the Supreme Court, and the Public Procurement Office.Maksymilian joins Avison Young from Nuvalu Polska.Przemysław Urbański has been active in the commercial real estate market for 7 years. He graduated from the Faculty of Law and Administration at the University of Warsaw. Since the beginning of his career in the industry, Przemysław has worked in the tenant representation department, leading relocation and renegotiation processes throughout Poland. So far, he has worked with notable clients, such as – among others - Flying Wild Hog, Fujitsu, Abris Capital Partners, Technical Inspection Office, Moet Hennessy Polska, District Court in Warsaw, Devire.Before joining the Avison Young team, Przemysław worked at Nuvalu Polska.Marta Sypiańska is at the beginning of her career in the commercial real estate market. In the Office Agency Department at Avison Young, she will perform junior functions, supporting the work of the entire department in data collection, maintaining databases, preparing offers for clients and supporting transaction processes.“I am very proud that the development process of Avison Young in Poland is proceeding as planned and a year after the opening of the Valuation Department, we are expanding our services to include Office Agency, - comments Michał Ćwikliński, Principal, Managing Director at Avison Young in Poland - The new team are renowned market experts with extensive experience, enabling us to better respond to the needs of our clients and present a more complex offer of services."“Welcoming the new team to expand our office agency capability into Poland is an important step in building out our services as part of ambitious EMEA growth plans, – adds Jason Sibthorpe, Principal and President EMEA at Avison Young. - Their local market expertise and established relationships with leading private and public-sector clients will be backed by our global platform and technology-led insights. This serves the ultimate goal of delivering best-in-class advisory and transactional real estate services in Poland and globally.”Avison YoungAvison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. Headquartered in Toronto, Canada, Avison Young is a collaborative firm owned and operated by its principals. In the Central Eastern Europe and South Eastern Europe the firm is operating in Bulgaria, Czech Republic, Hungary, Poland, Slovakia and Romania, offering a broad range of consultancy services. In the Polish commercial real estate market, Avison Young is providing professional consultancy services such as office agency, investment advisory, valuation consultancy, technical advisory and project management.

CD PROJEKT RED today announced that a new card drop for GWENT: The Witcher Card Game is now available across all supported platforms, alongside the latest update for the game.Dubbed Chronicles, the card drop features 24 new cards — 12 golds and 12 bronzes of various types, including a selection of Knights of Toussaint, founding members of Clan Brokvar, as well as denizens of "Tir ná Lia", where riders of the Wild Hunt hail from. All new cards utilize and expand existing game mechanics currently in use in GWENT. The card drop is available for free as part of the game's latest update, which also features regular gameplay balance changes.   Learn more about the Chronicles card drop and Update 10.10 Also starting today, the GWENT in-game store is hosting a special, limited-time offer. The Chronicles Pack contains all of the new cards from the Chronicles card drop in their premium animated versions, as well as the all-new Foltest Army Commander Skin. The pack will be available until December 6th, 10:00 AM CET.   GWENT: The Witcher Card Game, along with update 10.10 and the Chronicles card drop, is available for free on PC via GOG.COM and Steam, Apple M1 Macs running macOS, as well as on Android and iOS. For more information on GWENT, visit playgwent.com. Source: CDProjekt

PRESS RELEASETime for apartments in office buildings and supermarketsAuthor: Piotr Łopusiński, Associate Director, Investment at Avison YoungWill the non-functioning office buildings and shopping centers be taken over by residential buildings? There are arguments for and against this measure.The government is preparing a bill to significantly simplify the conversion of office buildings and shopping centers of more than 2000 sq m. into residential buildings. Thanks to the new regulations of the Ministry of Economic Development and Technology, changing the function of such properties might be possible without a building permit and submission of a construction design, even if the conversion requires a reconstruction of the facade, without interfering with its structure. However, the bill processed in extraordinary proceedings is to be a temporary solution, valid only for two years. Therefore, developers that want to be a part of such investments must hurry.However, Avison Young experts are wondering whether these faster procedures will encourage investors to implement such projects. Can a law that is in force only for a short period of time have real effect on the market? In times of high interest rates and low credit ratings, is the demand so high it requires the introduction of special, temporary bills freeing up new land for housing?Undoubtedly, it is much easier to design and carry out investments on the undeveloped plots, than to change the function of the existing buildings on the lot. Developers deem the solution interesting, while noticing its limitations.Cost is crucialAccording to real estate development companies, the mere transformation of office and commercial buildings into residential buildings generates difficulties. Such conversion requires substantial interference with the structure of the facility, installations, etc. There is usually much fewer plumbing risers, while floor layouts are normally much different in office buildings and shopping centers. As a result, not every commercial building can be easily transformed into a residential building. Sometimes it is impossible, because certain space does not provide access to natural light. Even if it were technically possible, adapting shopping centers to residential functions may prove too costly to make economic sense. Moreover, it is demanding, due to their specific layout and a small number of windows.Office space with its unusual height, equipped with air conditioning and air exchange system, gives a better opportunity to arrange attractive residential premises. Western markets, such as Paris, have had many successful transformations of such type. Former office buildings can offer additional appeal in the form of elegant lobbies, leisure zones and additional amenities in the common areas. However, they lack balconies and have different parking ratio than the one required for apartments.Valuable environment Avison Young points out that the environmental benefits are certainly a factor in the real estate redevelopment. Investments based on the use of existing facilities for other purposes are in line with the general trend of environmental protection. They are reducing the demand for cement, the production of which is responsible for 5 per cent of the global carbon dioxide emissions.However, residential real estate developers point out, that the housing offer is interesting if the premises meet the most important current expectations of the buyers, such as attractive location, good access to infrastructure, optimal finishing standard, functional layout with additional space in the form of balconies, terraces or gardens. Otherwise, the price of the "final product" in the reconstructed buildings would have to beat the classic residential offer.New path to investingAccording to developers, the greatest investment opportunities are provided by large areas occupied by older one-storey supermarkets, enabling effective development of mixed-use residential complexes with multi-storey buildings providing residents with various amenities. Avison Young experts estimate that the possibility of implementing such projects sparks the most interest among the investors, but in this case it is difficult to talk about transformation. The function is changed into a residential one by demolishing the facility and implementing a new investment from scratch.The legislator took into account the needs of investors in the final stage of work on the bill. Ultimately, the new regulations on conversions will also include changes to the housing act. It is to facilitate the conversion of undeveloped space intended for large-scale commercial facilities to housing construction, without the need of changing spatial development plans.Opening this possibility seems to be the most tempting for investors who have long had difficulties obtaining investment land in the largest cities. In a situation of a small supply of attractive greenfield plots, this solution may prove to be the most suitable and have the greatest impact on the market.However, Avison Young points out that the banks' approach to such investments may raise concerns. It is likely that they will take a skeptical stance towards them and will be reluctant to finance projects without building permits.In the case of the already very complicated and unclear spatial planning system in Poland, one should consider whether the introduction of further temporary regulations is a good direction? Perhaps a better facilitation for the residential market would be simply putting the regulations in order and introducing much simpler, uniform and clear procedures?An excellent example of the negative impact of hasty temporary regulations is the covid act, which was abused by many investors and allowed for the construction of residential buildings in wildlife sanctuaries and seaside resorts.

Poland, which is the fifth warehousing market in the EU, has the opportunity to take over a significant share of the investment and production and logistics processes moving from Asia.   Thirty percent of new warehouses in Europe are being built in Poland, and the country ranks third in terms of demand for space, after the UK and Germany. The investment market has slowed down somewhat in recent months, but the prospects for the sector in Poland are very promising. Changes in the global economy and concern over the conflict in Ukraine have not curbed the record high interest in leasing warehouse space in Poland so far. Demand on the warehouse market is at a record high. However, the number of new investments has declined.   - In the first half of this year alone, nearly 4 million sq. m. of space were made available to tenants, about 12 percent more than in the previous year. The record high absorptive capacity of the Polish market, which exceeded 7 million sq. m. of space in 2021, places Poland on the European podium in terms of demand – informs Agata Karolina Lasota, managing director of LBC Invest. However, she admits that the real impact of geopolitical factors on the sector in Poland is not yet felt. - The high rental volume recorded in the first six months of the year is a consequence of investment processes initiated last year. However, signs of the economic slowdown are beginning to be visible in the warehouse market as well. Although there is warehouse deficit in Poland, as there is only 3 percent of vacant space, there has been a decline in the number of new investments in recent months – she explains. Slight drop in production Agata Karolina Lasota points out that the decline in investment activity in the domestic logistics market may prove to be temporary, as the scenario of more extensive relocation of production from China and other Asian countries to Poland is quite real. She admits that the subsequent disruption of global supply chains from China, the increase in the cost of container transport from Asia is effectively motivating companies to shorten the length of deliveries. An influx of customers from Western Europe who want to relocate some of their production and logistics operations to Poland is also likely. - In addition to attractive logistics facilities, Poland offers investors a large domestic market, lower labor costs compared to Western European countries, and well-educated people willing to work. We are receiving inquiries from companies from Russia and China, which are analyzing the possibility of moving production to Poland. Ukrainian business owners are also reaching out to us. Companies want to secure the continuity of work as much as possible and are taking measures that can guarantee their undisturbed operation in the future. They are planning to increase warehouse stocks, secure facilities for production and aim to increase efficiency and optimize logistics costs – says Agata Karolina Lasota. In the second quarter of this year alone, the total warehouse space in Poland increased by 2.2 million sq. m. Wrocław, Upper Silesia and the central Poland area increased their warehouse potential the most this year. The warehouse sector consists of about 26.5 million sq. m. of modern space in total. This gives us the fifth largest warehousing market in the European Union. Poland is the second fastest growing market in Europe By the middle of the year, almost 4.5 million sq. m. of warehouse and industrial space was under construction. In terms of growth, the Polish market is second in Europe. By mid-2022, there was 30 percent more space under construction than at the end of 2021, but there was a nearly 10 percent drop in output from spring to summer. On the other hand, if we look at the average of the last few quarters, the decline is more pronounced. The amount of space under construction in West Pomerania, Lower Silesia and the central part of the country declined in particular. - Already during the summer, a decline in the number of speculative warehouse projects being developed in Poland was evident. Global economic turbulence and the conflict in Ukraine are creating uncertainty among investors. This makes it difficult for them to realistically estimate future construction costs. However, major players are still looking for land for investment, despite persistently high land prices. The building up of land banks indicates the desire of developers to return to intense investment activity. Companies expect the market to continue to grow rapidly. They are preparing further developments, but the start of investment construction requires securing space in advance with contracts – the managing director of LBC Invest admits. The decline in the number of new investments in Poland's warehouse sector is unrelated to demand. Interest in renting is still at a record high. In the second quarter of this year, demand for warehouses reached historic highs. The slowdown in the market is mainly related to difficulties in project implementation and rising costs of new investments.   Rising rents Increased costs of project construction and property maintenance have affected warehouse rental prices this year, which so far in Poland have remained very low compared to other European markets. The highest increases were recorded in the Cracow and Tricity provinces, as well as in the Warsaw area. According to LBC Invest, since the beginning of the year, rents have risen from around 10 percent to as much as 25 percent, depending on the location. - Due to the low availability of vacant space and the limitation of new supply, further increases in rental rates can be expected throughout Poland, which already began to rise at the end of last year and beginning of this year. The Polish market is no exception, the increase in the cost of renting warehouse space can be seen throughout Europe – admits Agata Karolina Lasota CEO of LBC Invest. Higher rental prices are certainly a motivating factor for investors due to the increased profitability of investments. Investment activity, on the other hand, may be dampened by high prices for attractive land and twice as high costs associated with financing projects by banks. ESG requirements make warehouse facilities environmentally friendly, energy efficient and comfortable to use, but the cost of implementing such projects is also correspondingly higher.

International real estate advisor Savills has announced the acquisition of Knight Frank’s commercial property and asset management team in Poland. Under the agreement, 35 employees have joined Savills and its Polish property management portfolio has surpassed 1,200,000 sq m. James Sparrow, CEO, Savills UK and EMEA, says: “As part of Savills strategy for the development of our business in Europe, the growth of our asset and property management teams remains a key priority and focus. The Knight Frank property management team in Poland has an excellent reputation and we are very excited about them joining our business. Poland is an important growth market for us.” The portfolio of commercial property to be managed by Savills comprises mostly office buildings in Warsaw and other major cities throughout Poland. In conjunction with the buildings currently under Savills management, which also include retail and mixed-use projects, these properties make up a large and diversified asset portfolio. Notable buildings that will be managed by Savills include West Station I and II (115,900 sq m) and Miasteczko Orange (77,100 sq m), as well as Maraton A and B (39,300 sq m) in PoznaÅ„, Green Towers A and B (36,600 sq m) in WrocÅ‚aw, ArkoÅ„ska Business Park (30,800 sq m) in Gdansk and Kapelanka (22,000 sq m), Jacobs CH2M Center (18,000 sq m) and MK29 (11,000 sq m) in Krakow. Tomasz Buras, CEO, Savills Poland, says: “We have made a very important step towards further growth of Savills in Poland that will enable us to double the scale of our property management business and significantly strengthen our position in the office sector. With well over 1 million square metres under our management, we are joining the ranks of the leading commercial property managers in the Polish market. “We are not going to rest on our laurels as we are planning to further expand our portfolio. I am confident that this will benefit our new clients who will gain access to the state-of-the-art technological solutions we have recently implemented, while new employees will quickly experience the advantages of our organisational culture and feel part of our Savills team.” The expanded property management team will be led by MichaÅ‚ Bryszewski, who was appointed Head of Property & Asset Management at Savills Poland in June 2021. In her new role as Head of Office Property Management, Izabela Miazgowska, an experienced expert who has worked for Knight Frank for the last 10 years, will work with Wioletta Nowotnik, Associate Director in the property management team. In addition, Marta MikoÅ‚ajczyk-Pyrć will continue as Head of Retail & Mixed-Use Property Management, while PrzemysÅ‚aw Piórek will be in charge of Industrial Property Management. “The project group, which was responsible for the acquisition and comprised Knight Frank professionals, had been preparing the merger of the two teams for many months. As a result, long before the deal was finalised we had a new model of operation in place to ensure a smooth transition and effectively assist our current and future clients from day one. I am particularly proud that all the clients and members of our business partner’s property management team have decided to join Savills,” says MichaÅ‚ Bryszewski, Head of Property & Asset Management, Savills Poland. The deal will also see Knight Frank’s four-strong team of engineers led by Urszula ŁuszpiÅ„ska join Savills. They will deliver projects for the firm’s property and asset management clients and the Building & Project Consultancy team led by Jakub JÄ™drys. Savills provides comprehensive real estate advisory services, including office, retail and industrial property management. In 2022, it expanded its Polish property portfolio with mandates to manage Sky Tower, the tallest building in WrocÅ‚aw, and Widok Towers, the most centrally located skyscraper in Warsaw. Savills has also extended the range of services provided by its property and asset management team, offering ESG advisory services and implementing innovative solutions that help bring service charges down and assess the financial standing of tenants in addition to strengthening its offer for the industrial sector. -ends- For further information, please contact: Jan Zaworski, Savills Press Office Tel: +48 666 363 302 Marcin Steinborn, Savills Press Office Tel: +48 504 622 772 Founded in the UK in 1855, Savills is one of the world's leading property agents with 600 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East offering a broad range of specialist advisory, management and transactional services. Should you not wish to receive Savills press releases, please email us at: kontakt.rodo@savills.pl. Click here for our Privacy Policy.

Retail parks are growing in smaller towns, mixed-use facilities and new residential estates provide commercial space in large cities   Although shopping malls are busy again with crowds of customers, especially on weekends, stationary retail is becoming more and more fragmented and local. On a daily basis, commercial market is shared between everyday shopping centers, retail parks, various types of mixed-use facilities, shops located on the main city routes and shopping malls, which are more and more often appearing in new residential estates. The future belongs to the shops that are located close to home. For over two years, small local shopping centers and retail parks have been gaining in importance, and they are currently dominating among the investments carried out in the sector.   For over two years, small local shopping centers and retail parks have been gaining importance, and they currently dominate the investments carried out in this segment. The market needs inspired Walter Herz to expand its operations in the area of searching, preparing and obtaining permits for land for sector investments of various scale.   According to the company's analysts, over 400 thousand sq m. of commercial space remain under construction on the domestic market. Almost 70 per cent of new supply will be provided by local retail parks, which are built mainly in smaller cities with up to 100 thousand residents. Over 30 projects are under implementation. The construction of the Dor Plaza retail park in Częstochowa and Galeria Bawóchanka in Bełchatów has just been completed. Before the end of the year, customers will come back to Fort Wola, which is under reconstruction in Warsaw.   130 thousand sq m. of space in half a year   Among the facilities that will enter the market in the near future there are also, among others, Atut Ruczaj center in Cracow, Galeria Goplana in Leszno and Pasaż Kępiński and M Park in Koszalin. The reconstruction works of former Tesco stores in Gorzów Wielkopolski and Lubin are also in progress.   According to Walter Herz data, in the first half of 2022, over 130 thousand sq m. of commercial space emerged in Poland. Among the opened retail parks are the ones in Kołobrzeg, Tychy, Sławno, Warka, Krotoszyn, Sierpc, Jasło, Busko-Zdrój, Giżycko, Pszczyna, Puławy, Łany near Wrocław and Szczytno. After the expansion, centers in Radomsko, Zamość, Knurów and Stalowa Wola have also been opened.   - The stock of retail space in Poland amounts to 15.7 million sq m. The new facilities that are being built on our market are primarily constructed to meet the current needs of the local customers. Apart from the modernization and expansion of several larger facilities, investors focus on constructing retail parks and convenience centers, which are delivered mainly on the regional markets, in smaller towns. The development of this format is followed by the expansion of multi-branch discount stores and popular grocery and drugstore chains, as well as discount industrial stores. The market is also seeing a swift development of clothing outlets and brands offering goods at reduced prices, such as Half Price and TK Maxx - says Bartłomiej Zagrodnik, Managing Partner/CEO of Walter Herz.   Large mixed-use buildings are on trend   In the largest cities, however, new retail space is mainly provided by the mixed-use projects. In Warsaw, Browary Warszawskie and the Norblin Factory, the redevelopment of which lasted for 10 years, are very popular. Bohema remains under construction in Warsaw's Praga district, and further large investments in Ursynów and Bielany are being prepared for implementation. These will be projects designed for attractive development of the large city quarters.   A mixed-use Ogród na skarpie project is to be built in the district of Kabaty, on the plot of the former Tesco supermarket. It’s a place where one can live, shop and spend their free time in an attractive way. Echo is also planning the construction of a mixed-use complex on the site of the current Jupiter shopping center, located at Towarowa Street. A new mixed-use project, which will offer 42 thousand sq m. of office space and over 7.5 thousand sq m. intended for retail and services have also been announced by Liebrecht & wood company. The investor plans to redevelop the area of the former wire manufacturer Drucianka - Warszawska Fabryka Drutu, Sztyftu i Gwoździ situated in the district of Praga. In Łódź, the redevelopment of the former factory facilities Widzewska Manufaktura, Fuzja and Monopolis is still taking place. Quorum project is being expanded in Wrocław. The residents of Gdańsk will be able to use the Garnizon and Doki facilities, and Gdynia will get the Waterfront complex. Plaza shopping center in Cracow is also to be replaced by a mixed-use facility. There is also talk of the implementation of new investments after the demolition of several older shopping centers in Warsaw. Residential estates with shopping units New commercial space is also provided by residential projects, which increasingly often offer additional infrastructure, including spaces intended for retail and services. About 120 residential investments out of 200 projects implemented in Warsaw offer retail and service space. Commercial premises are a good investment and are very popular among the individual investors. Most of them find buyers right after the offer is introduced to the market. The amount of vacant commercial space in the new Warsaw housing estates is close to the level of office vacancies in the city, about 12 per cent is up for grabs. Among the most popular services opened in the adjacent shopping units are grocery stores, bakeries, confectioneries, liquor stores, pharmacies, drugstores, restaurants and service points, as well as non-grocery discount stores in increasing numbers.   About  Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors.   Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors.   The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. The agency introduced the Code of Good Practice to ensure the highest ethical level of services.

CEE Property Forum 2022 in Vienna - echoes, moods and investment trends Avison Young participated in CEE Property Forum 2022, which has just ended in Vienna. Unfortunately, the mood at the event hardly indicated great optimism among the market players. This year has brought unprecedented challenges to the real estate sector. We are in the place where investors mostly monitor the market instead of taking actual actions. Annually, the fourth quarter of the year has been a typical period of closing investment transactions. This year, however, since the outbreak of the conflict in Ukraine, when it comes to initiating new projects, the activity of investment entities has practically been frozen. Not enough transactions have been launched in the second and third quarters to see plenty finalizations by the end of the year. Therefore, both the year-end and the whole 2022 is not expected to be spectacular in terms of investment volume. And new reports from Russia do not help – they fuel the state of anxiety and maintain the status quo for new investment projects. The potential escalation of the conflict in Ukraine and the inevitable energy crisis are effectively dampening the willingness to take actions in all investment circles. Avison Young estimates that the investors’ conservative approach is likely to last for months, and actions taken will be selective and profiled. The entities that are forced to maintain the annual target at a certain level will be among those that are most likely to execute and close transactions. A strategic aspect of investing in such an uncertain market and with rising interest rates is the availability and cost of financing of commercial products. The yields are increasing for sure, which is mostly visible in the warehouse segment. Another difficult time will be the first quarter of 2023, a period of rents’ indexation, which will require a balanced dialogue between property owners and tenants. Bearing in mind the anticipated, drastic increase in operating costs, it should be expected that the most difficult talks are yet to be initiated. Today, the quality of the property is more important than ever. Compliance with environmental, social and governance (ESG) regulations is at the forefront, in particular in terms of energy consumption, but also in terms of shaping investment decisions. The key to the ESG strategy is the ability to improve the energy efficiency of properties. We will be observing enhancement of this trend in the upcoming years. The green revolution in real estate is already bringing tangible, financial results for tenants, but at the same time it requires higher construction and renovation costs, which will probably translate into an increase in rents in new facilities, as well as the modernized properties. Author: BartÅ‚omiej Krzyżak, Senior Director, Investment at Avison Young

Rent and maintenance charges are rising, lease periods are being prolonged, and contracts are subject to higher and higher annual indexation of rates. Nevertheless, offices in all markets in Poland still enjoy record-high popularity Observation of the economic decline in the country and in the world could lead to pessimistic predictions regarding the demand for office space. However, the opposite is true. The interest in high-standard offices in the most attractive locations of the largest cities is enormous. - Office space in the best properties is systematically decreasing. An increase in headline rental rates is already visible, especially in those locations where the offer is very small and the demand among tenants is high. So far, the increase in asking prices is minor, between EUR 0.25-0.75 - says Mateusz Strzelecki, Partner, Head of Tenant Representation at Walter Herz. - Higher utility costs also translate into an increase in maintenance charges, which went up by about 20-30 per cent year on year. In the course of negotiations, landlords very rarely agree to the provisions limiting the maximum increase in maintenance charges. The costs are settled annually in the open book contracting. Companies can verify their amount – adds the expert. Mateusz Strzelecki admits that the growing popularity of renting space, which we could observe in the first quarters of this year, continues and is even growing. - Warsaw is the leader in this respect, where there is a shortage of space in the best buildings. Inflation and increase of utility charges do not discourage companies. Tenants want to be able to contract the space before the market completely slows down and the options run out. The lease term also changes. Now, the standard in new buildings is 7 years contracts, not 5 years, which is dictated by the desire to spread the high costs of space adaptation over a longer period – informs Mateusz Strzelecki. Large offices are taken over by smaller tenants The expert points out that as soon as next year, there will be a clearly visible shortage of offers on each key office market in Poland. - It turns out that rising rental costs are not an obstacle for companies that still conclude contracts for large spaces. Naturally, some of the largest market players are also giving up some space, because they have a problem with the attendance of employees who prefer to work remotely. These offices, however, are immediately consumed by smaller companies that rent space for a shorter period, but at even higher prices, often moving their headquarters to a better address. We can therefore speak of a decline in average lease periods in regional markets - points out Mateusz Strzelecki. Emilia Legierska, Transaction Director at Walter Herz predicts that the lack of office space in central locations in the cities may be a motivation to return to cheaper locations, such as Mokotów in Warsaw. - Służewiec office area may have a comeback. A lot of office buildings there offer a good standard of space. Their modernization and finishing carries lower costs than finishing offices in buildings that have just been completed. Parts of the installation and construction can be reused. As a result, the expenses on fit-out are lower than in the case of creating a workspace from scratch - she notes. - Work safety is also important for tenants. The time of the pandemic made companies more aware of this aspect, which is usually discussed now during negotiations – adds Emilia Legierska. Ukrainian and Belarusian companies are staying in Poland The expert also admits that the shaping of the situation in the office sector is already clearly influenced by companies that are transferring business to Poland from beyond our eastern border, primarily from Ukraine and Belarus. - At the turn of March and April, during the biggest boom, companies from the East located their offices in co-working spaces, because the space was immediately available there and it provided flexibility in terms of the length of the lease. Many of these entities decided to maintain their business in Poland and its further development on our market. Now they are looking for target offices that are more adapted to their needs - says Emilia Legierska. The first half of this year brought record demand for office space in Warsaw. Almost twice as many offices have been rented to tenants year on year. The largest amount of space in history has also been contracted on the regional markets. This translated into a decline in the vacancy rate. Less and less vacant offices, increasing rental costs According to Walter Herz, the vacancy rate in Warsaw decreased from the beginning of the year to 11.18 per cent, in Cracow to 12.50 per cent, in Wroclaw to 17 per cent, in the Tri-City to 12.30 per cent, and in Łódź to 15.70 per cent. Only in Katowice it increased to over 16 per cent, due to the fact that a significant amount of space has been commissioned for use, incl. in KTW II building (39.9 thousand sq m). The largest office buildings completed this year in Poland include Forest Tower in Warsaw (51.5 thousand sq m.), SkySawa (22.8 thousand sq m.) and Intraco Prime (12.8 thousand sq m.), Midpoint71 in Wroclaw (36.2 thousand sq m.) and the first stage of The Park Kraków (11.7 thousand sq m.) Walter Herz advisers agree that the biggest challenge that market participants will have to face in the near future are the increasing costs of building operation and maintenance and the lack of free space in city centers. A development obstacle for the sector is the lack of plots in central locations. In addition, the cost of obtaining money to finance projects has increased, and investors have difficulty estimating the level of future inflation and increases in material and labor costs. Already in the pandemic, developers were afraid to invest and many projects were suspended. Also, few building permits have been issued. Taking into account these factors, the number of initiated investments and the volume of demand, an office deficit should be expected in the years 2023-2025. About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors. Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. The agency introduced the Code of Good Practice to ensure the highest ethical level of services.    

PRESS RELEASECommercial real estate investment market in Central and Eastern Europe after the first half of 2022. Investment volume increased by 30 percentWhat to invest in during times of uncertainty, war, rampant inflation and soaring interest rates? Avison Young presents Central and Eastern Europe (CEE) commercial real estate investment market overview after the first half of 2022According to Avison Young report, in the first half of 2022, the value of the transaction volume in the CEE region increased by 30 percent on an annual basis, reaching EUR 5.4 billion. This is a good result, however, 12 percent lower than EUR 6.1 billion recorded in the first half of 2020, when the market was not yet affected by the pandemic.- It is also worth noting that the market results of the second quarter have not been affected yet by the consequences of war in Ukraine and the record-high inflation. In addition, we observed transactions transferred from 2021 closing in the first half of the year. - says Paulina Brzeszkiewicz-Kuczyńska, Research and Data Manager at Avison Young.Poland is an undisputed leaderAll the CEE countries saw an increase in volumes in the first six months of 2022. Poland remains number one in terms of transaction volume with a result of EUR 2.9 billion, which is also the best result for the first half of the year in our country, since 2016. In 2022, this result was significantly influenced by 3 large transactions: the acquisition of the office part of The Warsaw Hub by Google (EUR 585 million) and the sale of EPP shares in two retail property portfolios to PIMCO and I Group, for a total of approximately EUR 654 million.Czechia comes second – total volume of EUR 1.2 billion is a 30 percent increase year-on-year. The investment volume was shaped by, among others, the purchase of a shopping centers portfolio including IGY Ceske Budejovice, City Park Jihlava and OC Gecko Ceske Budejovice by the Slovak investor 365.invest (EUR 215 million), as well as the sale of Borislavka Office & Retail Center, a mixed-use property in Prague to REICO, for an estimated value of approximately EUR 180 million. Assets in the industrial sector continued to be popular among investors, and a great example here is the purchase of Prague logistics property portfolio by Hines for an estimated value of around EUR 100 million.Slovakia achieved a result of around EUR 620 million, which is mainly due to large transfer (estimated EUR 300 million) of ownership in part of Penta’s office portfolio ‑ to the newly established developer Alto Real Estate (owned by Jozef Oravkin, ex‑Partner of Penta). The portfoliosale included Jurkovičova Tepláreň, Sky Park Offices and Digital Park – one the largest office buildings on the market. The second largest transaction in the first half of the year in Slovakia, is the sale of Atrium Optima shopping center in Košice to two Slovak private investors for EUR 118 million.In Hungary, the recorded volume of EUR 619 million exceeds the result achieved in the corresponding period last year (EUR 590 million). The largest transaction in six months involved the disposal and partial leaseback of the Tesco retail property portfolio, which was acquired by Adventum Investment Fund Management. 13 assets of the portfolio are located in Hungary and 4 in Czechia, the Hungarian assets comprised 273,000 sq m. GLA, worth approximately EUR 219 million. The most important transaction in the industrial sector was the acquisition of Airport City Logistic Park by WING from CPI, for the estimated value of approximately EUR 59 million. The office segment contributed to the transaction volume with the acquisition of Akademia Business Center by Europa Capital and their local partner ConvergenCE from DWS, for approximately EUR 49 million. In addition, the fund managed by Groupama Gan REIM entered the Hungarian market by purchasing the historic Freedom Palace from the SCC group.Romania has also slightly raised the bar compared to the last year with the volume of approximately EUR 320 million. The largest transaction on the Romanian office market was disposal of Expo Business Park for approximately EUR 110 million. The second largest transaction was the purchase of Record Park, located in Cluj Napoca, by Aya Properties Fund with the participation of Belgian partners, for approximately EUR 35 million.Office and retail sectors are on topIn the scale of the entire region, office sector with share of 36 percent and retail sector, responsible for 32 percent of investment volume, are the new market leaders. Industrial sector has reached 20 percent share “only”, and the main factor affecting this result is the limited number of assets available on the market.According to Avison Young, the most attractive yields in the CEE region are to be found in retail parks sector. The lowest yields (5.25 percent) were recorded only in Czechia, while in the other countries of the region they vary from 6.50 to 7.25 percent. Industrial properties in Romania are also attractive assets, with yields in the first half of this year oscillating around 7.50 percent; however, experts are predicting their compression within next 12 months.In the last six months, investors from the CEE region, especially from two countries - Czechia and Hungary, were the most active in the investment markets in the analyzed countries. Their total share in the region's volume in the first half of 2022 amounted to 41 percent, and was about 10 basis points higher than in the previous year. Apart from the participation of local investors, Avison Young draws attention to a wide range of other investors with diversified origins, investing their capital in the CEE countries this year.The war in Ukraine and high inflation replaced COVID-19 as the main drivers of uncertainty in 2022The industry now finds itself in a difficult macroeconomic environment with record inflation levels and a looming potential energy crisis. There are huge pressures on governments to tackle rising energy costs. This presents challenges for investors and occupiers and reinforces the rationale behind the need to have an ESG strategy for real estate. ESG and energy efficiency are distinct but interrelated clearly. Energy efficiency is a must today; it is measurable and therefore it is the first port of call in the application of an ESG strategy.The real estate sector has always been a great hedge against higher inflation as rental levels are adjusted accordingly. Next year investors will benefit from increased running yields as 2022 indexation is applied to passing income. Nevertheless, the combination of rising rents and increasing utilities costs may be challenging for tenants, especially in low margin businesses across all sectors.This demonstrates there’s great value in older stock. Existing income producing assets with reasonable capital value per sqm and strong tenants will be a winner for many investors in the upcoming period. They will benefit from indexed income but also flexibility to adjust their ERV if needs be.Increase in interest rates and higher costs of financingHigh inflation has forced central banks across the globe to raise interest rates. High interest rates in the CEE, especially in local currencies, mean significant increases in the cost of financing development projects. Combined with the inflationary environment pushing costs of materials and labour upwards, this is a particularly challenging time for developers. We are witnessing increased prudence from developers when assessing new projects or land plot acquisitions. Also assets with local currency denominated leases will be difficult to finance in current environment without dramatically impacting the net returns and cashflow to investors.The higher cost of debt (in EUR as well) is pushing yields up slightly, nevertheless liquidity on the market still looks very strong and investors who can acquire with 100% equity have a significant advantage. Looking at the investment volumes, we have not seen any significant shifts so far, as there have been large transactions and portfolio sales that bolstered the H1 numbers, but we expect lower volumes and less assets on the market throughout H2 2022.Changes in the investment dynamicsLogistics and industrial sector assets, sought-after by almost every institutional investor stays atop the shopping list of most in 2022, albeit recording lower investment volumes due a lack of available product. Demand is propelled by almost zero vacancy across the region which is driving rental growth in all geographies. Yields compressed in Czechia and Slovakia, remained stable in Poland and Romania, and actually moved out in Hungary). Liquidity remains very strong and Romania and Hungary look particularly attractive today in terms of both yield and rental rate.On the office market, only Romania reported yield compression y-o-y. Major institutional investors have narrowed their investment criteria as a direct result the current cost of debt and the focus on ESG, leaving space for shrewd buyers to pick-up an existing office asset at very attractive pricing. The growth in construction costs over the past years means many existing buildings are trading at or below the cost of replacement; and rental growth is forecast over the coming 12 months in most CEE office markets. Avison Young experts estimate, that these two factors offer landlords’ of existing assets a huge competitive advantage and improved returns over a new-build project when setting rental rates and leasing strategies.In the retail sector, convenience schemes still dominate the retail investment market in Poland and investors have confidence in small retail parks. In Hungary, there was robust activity, and on the back of a large portfolio transaction the retail sector represented 35% of total investment volume. Investors should look towards discounters for strong performance today; when we all feel the inflation pinch the general demographic will curb unnecessary purchases and be more prudent on those that are necessary. Therefore, discounters and all those in their supply chain will typically benefit during high inflation. This means supermarkets, selected e-commerce platforms, and their supply chains. Hungary, Romania and Polska all offer very generous yields in this recession-resilient sector.The residential segment in the CEE region is still heating up despite rising interest rates. A growing number of institutional investors view this segment as a safe bet as we enter a macroeconomic slowdown. Increased mortgage rates force a portion of the demographic to rent, driving demand for rental properties and in turn, rental rates. Many residential developers have created a second pillar of their business by keeping some projects on their books, creating special residential funds or forward selling to institutional investors.About Avison YoungAvison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. Headquartered in Toronto, Canada, Avison Young is a collaborative firm owned and operated by its principals. In the Polish commercial real estate market, Avison Young is present since 2017, providing professional consultancy services such as investment advisory, valuation consultancy, technical advisory and project management.

Watch the Launch Trailer 1 September 2022 – Become a Mythbuster yourself! Movie Games is proud to announce the official release of Mythbusters: The Game, a first-person simulator adapting the famous Discovery show Mythbusters. The game is available on Steam for $12.99/€10.79/£10.29 with a 15% launch discount. Mythbusters: The Game is a first-person creative simulator based on the legendary Discovery show. It's a combination of a first-person immersive simulator with resource management and puzzle-solving. Learn how to run crazy experiments and manage the production of episodes. Take the first steps to become a Mythbuster! See more on Steam   The official adaptation of the legendary Discovery show will let you become a Mythbuster yourself. It's a combination of a first-person immersive simulator with resource management and puzzle-solving. In this game, you can explore the Mythbusters Workshop, visit testing grounds and perform five crazy experiments to confirm or bust them. Learn step by step how to set up your experiments. Collect necessary resources, build the equipment, check-in with your trusty journal and make an episode to earn money for your next experiments! Warning: Each experiment may cause a serious case of fun! Mythbusters: The Game is available Steam as of September 1, 2022 for $12.99/€10.79/£10.29 with a 15% launch discount. In the game you will: Confirm or bust the craziest real-life myths! Solve puzzles in the Blueprint Zone to work out the mechanics of each myth Collect the materials for experiments and craft the equipment to use Bring the experiment to life by setting it up and testing it out

CD PROJEKT RED, the video game development studio behind The Witcher series of games and Cyberpunk 2077, announced the premiere date of their first-ever anime series Cyberpunk: Edgerunners.  The show, created in collaboration with Studio Trigger, will debut on Netflix on September 13th. All 10 episodes of the standalone series will premiere at the same time. Alongside the announcement of the official release date comes a bloody and high-octane trailer — intended for mature audiences only. WATCH THE NSFW TRAILER     In addition to the latest trailer, CD PROJEKT RED has also released a brand-new poster featuring one of the key characters of the series — the brilliant Lucy, a skilled netrunner and an important member of Maine's mercenary crew. Despite her highly sought-after technical abilities, she wants nothing more than to escape Night City and her dangerous past.     Cyberpunk: Edgerunners tells the story of David Martinez, a street kid trying to survive in a technology and body modification-obsessed city of the future. In the aftermath of a personal tragedy, David decides to take control of his own destiny by becoming an edgerunner — a mercenary outlaw also known as a cyberpunk.    The acclaimed Japanese animation company Studio Trigger collaborated with CD PROJEKT RED to bring the story to life, with Hiroyuki Imaishi (Gurren Lagann, Kill la Kill, Promare) directing the show. Yoh Yoshinari (Little Witch Academia, BNA: Brand New Animal) is the chief character designer as well as executive animation director. Masahiko Otsuka (Star Wars: Visions 'The Elder') and Yoshiki Usa (GRIDMAN UNIVERSE series) wrote the screenplay based on the story provided by CD PROJEKT RED. T​​he original score is composed by Akira Yamaoka (Silent Hill series). Learn more about the series and sign up for the Edgerunners newsletter on the official website. Those interested can keep up-to-date on new information through the series' Twitter, Facebook, and Instagram accounts. Source: CD PROJEKT

  MythBusters: The Game – Date Reveal Trailer 23 August 2022 – Soon you'll get a chance to become a Mythbuster yourself! Movie Games is proud to announce the official release date of Mythbusters: The Game, a first-person simulator adapting the famous Discovery show Mythbusters. The game will premiere on Steam on September 1, 2022. The launch price is $12.99/€10.79/£10.29 with a 15% launch discount. Mythbusters: The Game is a first-person creative simulator based on the legendary Discovery show. It's a combination of a first-person immersive simulator with resource management and puzzle-solving. Learn how to run crazy experiments and manage the production of episodes. Take the first steps to become a Mythbuster!   The official adaptation of the legendary Discovery show will let you become a Mythbuster yourself. It's a combination of a first-person immersive simulator with resource management and puzzle-solving.   Mythbusters: The Game will be available Steam from September 1, 2022 for $12.99/€10.79/£10.29 with a 15% launch discount.

Following a change to its investment model, the ORPEA Group - the European market leader in long-term care and rehabilitation - has decided to restructure its project portfolio in the largest Polish cities, which was built for its planned expansion. According to real estate advisory firm Savills, which has been instructed to search for investors, the portfolio comprises some of the most attractive development sites available in Poland. “The decision to restructure our portfolio follows the change to the financial strategy of the ORPEA Group and will not affect our Care Homes and Rehabilitation Clinics in Poland. Their residents and patients may feel assured that we will continue to provide the highest service quality to best respond to the needs and requirements of the people we help every day,” says Beata LeszczyÅ„ska, President of ORPEA Polska. Six projects at various development stages will be marketed - from sites with building permits through to senior housing facilities under construction. They are located in Warsaw, Gdansk, PoznaÅ„, Krakow, Łódź and Konstancin-Jeziorna. The central locations and zoning status of most of them also allow for developing PRS, office or PBSA projects. “The development projects, which the ORPEA Groups has decided to market, are in prime locations. We have teamed up with the owner to look for investors interested in purchasing both the entire portfolio and single assets. The plots were acquired for senior housing projects with a potential of up 1,000 beds, but they also allow for other commercial uses, including residential. Valid building permits are an additional advantage as they can significantly expedite the development process,” says Jacek KaÅ‚użny, Associate Director, Residential Capital Markets, Savills Poland. Savills, an adviser to ORPEA Polska on the process, has a strong track record in alternative real estate including PRS, PBSA and senior housing. -ends- For further information, please contact: Jan Zaworski, Savills Press Office Tel: +48 666 363 302 Marcin Steinborn, Savills Press Office Tel: +48 504 622 772 Founded in the UK in 1855, Savills is one of the world's leading property agents with 600 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East offering a broad range of specialist advisory, management and transactional services. Should you not wish to receive Savills press releases, please email us at: kontakt.rodo@savills.pl. Click here for our Privacy Policy.

On September 9, 2022, the second edition of the CryptoVerse Expo will take place at the Palace of Culture and Science (PKiN) in Warsaw. The event will bring together experts, enthusiasts and influencers, as well as representatives of projects related to the world of blockchain. During the event, participants will attend lectures and debates and meet with experts from the digital asset industry. CryptoVerse Expo #2 Poland CryptoVerse Expo is a conference, fair, and after party, during which each participant will have the opportunity to meet the most important representatives of both the Polish and foreign blockchain industry. It is also an opportunity to establish contacts and gain invaluable knowledge from experts, project developers, and industry enthusiasts. This edition will be an international event during which one of the lecture halls in Warsaw's Kinoteka will be reserved just for lectures in English. The success of the previous edition and the people's interest in the upcoming event allows assuming that over 3000 people can take part in the September edition. The experience gained so far from the previous edition of CryptoVerse has shown great interest on the part of exhibitors and projects from the blockchain industry. The community showed commitment and popularized the event, which gives us the basis to conduct this event periodically. We are proud to put Warsaw on the map of global crypto events. #CRYPTO #METAVERSE #BLOCKCHAIN #WEB3 #NFT The September edition of the CryptoVerse Expo will be even more unique thanks to the Startup Pitching Contest for blockchain projects. The event will be crowned with the After Party for all participants, where you can meet people from the industry in a relaxed atmosphere. Registration for the event is possible at the official website www.cryptoverseexpo.com. Right now, you can reserve your seat at CryptoVerse Expo for free. See you on September 9 in Warsaw!  

Emilia Legierska has taken the position of Transaction Director at Walter Herz. She will manage the company's branch in Cracow and will be involved in the development of consulting services in the south of Poland Emilia will oversee the company's operations in the regional markets in the southern part of the country. She will be responsible for developing and building relationships with clients, and expanding the team of advisors at the Walter Herz branch in Cracow. In addition, her new role will include participating in the company's key projects and supporting the implementation of processes with her knowledge and experience. Emilia Legierska joined Walter Herz in 2016. She has many years of experience in working with entities from the commercial real estate market across Poland. Emilia specializes in comprehensive consulting provided for tenants, developers and owners of commercial space, as well as investor services in the regions. She consistently developed her professional career, starting from junior positions, developing skills through subsequent promotions, including the position of Regional Markets Coordinator, which she took up two years ago, to the director level. She has advised companies from the IT and e-commerce sectors, as well as state-owned companies and state administration institutions operating across the country. She worked, among others for RTB House, NFZ, E.ON, Smeg. Emilia also participated in projects related to comprehensive consulting for brands such as InPost, Xceedance Consulting, Saba Software, Polska Press, zooplus, Andersen and Pragmatic Coders. - Working for Walter Herz for almost 7 years, has given me the opportunity to develop and gain knowledge about the commercial real estate market in Poland. I am grateful for the freedom of action that the company gives me and for the influence on the direction of the organization's development. I am glad that I will still be able to participate in building the company's structures and developing the client portfolio, working in such a great team and atmosphere - says Emilia Legierska, Transaction Director at Walter Herz. - Emilia’s comprehensive knowledge of the real estate market and professionalism in working with clients truly stands out. She has extensive analytical skills, which are priceless in investment consulting and implementation of complex processes that connect, among others, financial and legal negotiations, as well as negotiations allowing for optimization of construction costs - says Mateusz Strzelecki, Partner, Head of Tenant Representation at Walter Herz. - I am convinced that Emilia will play a leading role in creating modern models of long-term customer service and implementing solutions that will be the most optimal in the rapidly changing business conditions. It was a great pleasure for me to expand the regional Tenant Representation department of Walter Herz with leaders such as Emilia – adds Mateusz Strzelecki. Last year, Emilia Legierska was nominated by Walter Herz for Top Woman in Real Estate mentoring program. The participants are emerging real estate market talents in Poland. - Emilia's application to the program was a way to distinguish her exceptional skills and great commitment. Throughout all the years of her work in the company, she showed a great interest in development and gaining knowledge. Almost every year, she was promoted to the next position, always exceeding the goals set for her. In a short time, she managed to double the results of the Cracow branch of the company. The completed transactions and the assessment of clients with whom she is building long-term relationships, are the most evident of Emilia's skills – says Magdalena Zagrodnik, Partner, Head of HR at Walter Herz. About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors. Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. To ensure the highest ethical level of services provided, the agency introduced the Code of Good Practice. 

CD PROJEKT RED presents the full programme for this year's edition of Promised Land Open Day, which will take place directly after Promised Land Art Festival 2022 on September 4th in the EC1 building complex in Łódź, Poland.   Promised Land Open Day is an accompanying event to the creative-industry-professionals-oriented Promised Land Art Festival, which also returns this year to Łódź, Poland. The event will be fully offline and will take place in the EC1 building complex — a former power station, modernized and now serving as a center for culture and science. A host of attractions awaits Open Day participants, including panels and lectures from industry professionals and invited guests as they share their experiences of having worked on some of the biggest video games, films, animations, and other pieces of popular culture — as well as a discussion panel from mentees who took part in CD PROJEKT RED and Perspektywy Education Foundation's Girls in the Game! initiative. Renowned comic book artist Grzegorz RosiÅ„ski has also confirmed his presence. Participants will have the chance to meet the artist and watch his process during live illustration sessions. Other attractions include portfolio reviews hosted by veteran artists, an excellent opportunity to glean ideas about further artistic development within the industry. Recruiters from the game development sector will also be available to discuss beginning a career in the industry, while Promised Land's technological partners will host presentations of the latest technology powering the creative industry.  Discover the full Open Day Promised Land programme here.     Open Day tickets are available at the price of 30 PLN. Anyone wishing to participate in the event can buy them through the dedicated page. Promised Land Art Festival ticket owners will be able to visit Open Day at no extra charge. While some content may be available in English, Open Day and its attractions will mostly be presented in Polish.   Promised Land Open Day and Promised Land Art Festival are organized by CD PROJEKT RED in collaboration with the city of Łódź, Poland and EC1 Łódź — City of Culture. This year's media partner is Polsat Games.    More information about the festival and Open Day can be found on the event's official website.   Source: CD PROJEKT

Crimerunner - Announcement Trailer 17 August 2022 – Crimerunner, a new first-person action game from True Games Syndicate and Movie Games, parkours into Steam with an announcement trailer. A criminal will rise on PC in 2024. The 1980s were a different time.You didn't have smartphones or GPS.Dirty jobs were much more... dirty.SEE THE GAME ON STEAMI was fast and silent. Just what the big fish needed in this town. A perfect courier.I had to gain their trust. Make money. Climb to the top. But I needed to watch out. The first failed job could be my last.   There were three main gangs in the city. Each was a master of its craft. Car theft. Burglary. Drug dealing.My choices, the jobs I took, would bind me to one of the factions. But I liked to keep my options open. Nothing stood in the way of climbing the ranks of all three. Or so I thought.     Don't you judge me, pal. Living in this city was not easy at all. You wanted to survive, you had to run jobs and increase your standing within the gangs.As my reputation grew, so did the prestige of the jobs. Bigger houses to break into. More difficult parts to steal from cars. Harder drugs to smuggle. All that in the shadows of the night.     Who would've thought the cops would be so vigilant? Patrolling the streets. Actively looking for you if you screwed up.High standing with any of the gangs could save your arse if you got caught but reputation was very easy to lose... So it was best to not get caught at all.I was quicker, smaller, I could get away for sure. I always needed to be one step ahead. Play my story. An Idea Evolved Crimerunner is a newly announced title, but it evolved from Gangster Simulator, which was announced some time ago. Why the name change? At first Gangster Simulator was a typical first-person sim. Pretty much a part of the larger crowd. Now that we've added more dynamic action with parkour and stealth – it became its own, new thing. More focused. More thrilling. More fun. With these additions, Crimerunner was born.So prove your worth and climb to the top... Parkour style! The game is coming to PC in 2024. For more information follow our Steam and social media.  Check the Steam Page Features: Do quests and earn reputation points with all gangs Hide in the shadows and avoid being detected by the police Use the verticality of the terrain and parkour around the city Play lockpicking minigames with either a lockpick or a crowbar Gain access to and decorate your own hideout

CD PROJEKT RED today unveiled the programme for the upcoming Promised Land Art Festival — set to take place from August 31st to September 3rd in the EC1 building complex in Łódź. The programme is set to grow as more speakers are announced to join the festival. This year marks the first iteration of Promised Land Art Festival since 2019, and promises to be an exciting event geared towards artists and creatives across the video game, film, music and entertainment industries. This year's programme features numerous highlights, including lectures where professionals from the fields of VFX, 3D, modeling, illustration, animation, and more, will share their knowledge. Attendees will also be able to take part in workshops throughout the event, gaining first-hand inspiration from recognized experts such as Tina Nawrocki, Jordu Schell, Anna KrzemieÅ„, Albert Szostkiewicz, Kamil Hepner, and Adam Goldstein. The programme also features live sculpting and drawing sessions.   The current programme is available to view here, and will be regularly updated with new lectures, sessions, and workshops as more speakers are announced for the event.     With Polsat Games as a media partner of the event, numerous official technology partners for Promised Land have also already been revealed, including Autodesk, IT Media, OSHEE, PCC Polska, Alterpose, Warsaw Ink, and Wacom — with more yet to be announced.    Created in collaboration between CD PROJEKT RED — developers of Cyberpunk 2077 and The Witcher series of video games — the city of Łódź, Poland, and EC1 Łódź – The City of Culture, Promised Land is a place for the exchange of knowledge and experience, for networking, and crossing the divide between the digital and the traditional arts. Following the main Promised Land festival, the additional event, Open Day, will take place on September 4th, and is directed at budding artists and creative industry enthusiasts. Open Day will host additional lectures and offer the chance for portfolio consultations with industry experts.   Anyone wishing to attend the event can purchase tickets — and find out more information about both the main festival and Open Day — on the official Promised Land website, Twitter and Instagram pages. Source: CD Projekt

    Document State Enterprise, based in Kiev, has opened a branch in Poland. The administrative unit, directly cooperating with the Ukrainian government, began its operations in Blue Office in Warsaw. Walter Herz represented the owner of the building in the lease process   Polish branch of Document State Enterprise has leased over 600 sq m. of office space in the Blue Office complex, located on the premises of Blue City Shopping Center at Aleje Jerozolimskie Street in Warsaw.   The institution is responsible for updating documents and issuing passports to Ukrainian citizens staying in Poland, in cooperation with the administration in Kiev. In order to streamline the process of submitting and collecting documents, the employees of the facility will provide service to customers, both in the new office, as well as external stands located near the building. Additionally, the facility will be accessible directly from the +2 level of the Blue City shopping center.   - The client wanted to quickly carry out the lease process. Document State Enterprise was looking for an open space in order to establish a branch in Poland. The layout needed to be suitable for a traditional passport office. In the selected open space, the institution planned to arrange convenient customer service stations and, among others, photo booths. Due to the nature of the business, the client wanted not only high-quality office space, but also safe, monitored parking spaces for customers- says Tomasz Medygrał, Associate Director at Walter Herz.   - We are fully satisfied with the choice of location for the branch that we have launched in Warsaw. The speedy lease process was possible thanks to the professionalism of Walter Herz advisors and the extraordinary flexibility of the landlord. In just four weeks from the beginning of the search, we managed to sign a lease agreement, including collecting and delivering documentation that adequately secures the contract. The high standard of the space and the surroundings of Blue Office, enabling direct access to a wide range of services and retail, as well as transportation means that we can offer good working conditions and high level of service - informs Liubov Chervinska, the representative of the Polish branch of Document State Enterprise.   - We are glad that another foreign entity joined the group of the Blue Office tenants. We have provided the institution with a high-quality, functional space with an above-standard height of 4.6 meters, which provides the company's employees and clients with convenient access and communication. Blue Office is an office building that guarantees optimal conditions for tenants who value comfortable and modern office space, as well as sustainable development in construction. It is with great satisfaction that we observe how our offices are gaining more and more recognition in Warsaw - says Ron Melchet from Blue Office.   The five-storey Blue Office office building is located at 179 Aleje Jerozolimskie Street in Warsaw, within the Blue City complex. The technologically advanced office building offers 32 thousand sq m. of modern space. The building provides a very friendly working environment, thanks to its location in the immediate vicinity of Blue City, one of the largest shopping centers in Warsaw. People working in Blue Office have a full range of services on site, including numerous restaurants and cafes, fitness club, cinema, medical center, shops, supermarket, banks, post office and entertainment. They can, among others, take advantage of many discounts offered as part of loyalty programs initiated by food and service establishments, as well as shops located in Blue City.   Blue Office tenants also have a special leisure zone with natural plants and a chill-out room with many interesting amenities at their disposal. The residents and guests of the building have access to a free car park and can use the bicycle infrastructure, as well as space for organizing corporate events.         About Walter Herz   Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors.   Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors.   The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. To ensure the highest ethical level of services provided, the agency introduced the Code of Good Practice.   

In the first half of 2022, demand for offices in the Polish largest regional cities was higher than in the entire 2021. Also office assets in such locations are now one of the main targets for investors It turns out that higher financing costs and changes in the business environment have not discouraged investors from investing in commercial real estate in Poland. In the first six months of 2022, investment volume reached EUR 2.9 billion, recording the third best result for H1 in the last six years. - The Polish investment market, despite the geopolitical turmoil, is doing well. It is noteworthy that it is office sector leading now, in terms of investment volume – its result of almost EUR 1.3 billion translates to 44% share in the total investment volume in H1 2022. Investors' activity in the office sector increased by 60 percent compared to last year - notes Marcin Purgal, Senior Director, Investment at Avison Young. - The beginning of the year saw several acquisitions of key office assets in the country. The second quarter brought 8 office transactions, of which 7 took place in regional cities. The largest of these are the sale of Nowy Rynek D in PoznaÅ„ to Eastnine AB, a newcomer from Sweden, MidPoint 71 in WrocÅ‚aw to Trigea Real Estate Fund, and Sky Tower, the tallest regional building and an icon of WrocÅ‚aw, purchased by Adventum Group - lists Marcin Purgal, who at the latter transaction represented the seller, Develia, as the exclusive agent. Office buildings better than warehouses One of the office sector’s best results in history, was strongly influenced by the acquisition of The Warsaw Hub by Google – the largest single transaction recorded so far in the office sector in Poland. And it was thanks to this transaction that the office segment pushed the warehouses – having dominated for the last two years among investment transactions - from the highest position on the podium. - It should be noted that 11 out of 14 office properties that changed owners in the first half of this year were located in regional cities. The majority of them were core and core + properties, purchased directly from developers, says Marcin Purgal. - Such a large interest of investors in office assets in regional cities is the result of the highly competitive offer of our market compared to Western Europe in terms of yields and the quality of buildings available. We do not notice a significant decompression of yields in Poland, they remain at a stable level, and at the same time rents in top office buildings have started to rise - adds Purgal. The supply is conducive to new investments The resistance of the Polish investment market to turbulences in the global economy, which we could have observed during the pandemic, allows us to be optimistic about the next six months. Nevertheless, further investment activity will depend on the geopolitical situation, the level of inflation or the availability of financing in the environment of changing interest rates. Investors' appetite for assets located in Poland is not weakening, which is proved by the ongoing negotiations and new products that are currently being presented on the market. At the moment, Avison Young has several sale mandates, including office properties and office portfolios whose sale process has already commenced. Poland’s office market can boast this year not only with spectacular investment transactions, but also great results in terms of demand and supply growth, especially in the regions. Which is also very positively perceived by investors. In the first half of 2022, according to Avison Young data, regional office markets grew by a total of over 300,000 sqm. According to the estimates, by the end of this year, another 200,000 sqm of modern office space are to be completed in the largest cities in the regions, mostly in Kraków and WrocÅ‚aw. A total of around 550,000 sqm are under delivery in the regions scheduled for completion by the end of 2024. Therefore, there is still a peak of new supply ahead of us, and this bodes well for further investment transactions. New office buildings out of Warsaw The largest office buildings put into use in the regions this year include, among others Global Office Park A1 and A2 (55,200 sqm) in Katowice, KTW II (40,000 sqm) in Katowice, WrocÅ‚aw's MidPoint71 (36,200 sqm), Fuzja in Łódź, buildings C and D (18,700 sqm), the Tri-City Format ( 16,000 sq m), Office Park D in Lublin (15,000 sq m) and The Park Kraków I in Krakow (11,700 sqm). In the first half of this year, the largest amount of office space was delivered in Katowice, Tri-City and Kraków. As a result, Tri-City joined the group of the largest office markets in the country, whose resources exceed 1 million sqm area each. About Avison Young Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. Headquartered in Toronto, Canada, Avison Young is a collaborative firm owned and operated by its principals. In the Polish commercial real estate market, Avison Young is present since 2017, providing professional consultancy services such as investment advisory, valuation consultancy, technical advisory and project management.

  4 August 2022 – Movie Games celebrates International Beer Day with a new game!  Brew the best craft beers in town in Brewbup Simulator from Star Drifters. The game will be available on PC. Wishlist on Steam and watch the trailer below. Visit the Steam page   Quit your day job, open a bar! Brew lagers, stouts and IPAs, and serve patrons at your own brewpub. Decorate the place, create your own brands of beer, and expand into the best joint in town. All of this in a relaxing simulator that values creativity and passion for crafting. Brewpub Simulator utilises an expansive economy system which allows the player to develop their pub. Have you ever wanted to open a pub and serve handmade beers you crafted yourself? Now you do! Give new life to an old run-down brewery you inherited from your grandfather. Decorate it how you see fit, give the bar area a unique vibe, create your own recipes, optimise the brewing process and serve your beer to the customers.   Back in the '60s, your grandfather opened his business – a small brewery. His handcrafted beers quickly became popular among the locals and the business was booming. And then, the big companies came. The small brewery was forgotten and grandpa got off the grid for years. Now it's up to you to restore the brewery to its former glory!You inherit the brewery along with its vintage equipment. As time progresses (and money allows) you can start upgrading it, moving towards the modern methods of brewing different kinds of craft beers. Experiment with various ingredients to unlock new recipes and more advanced equipment.   Design your pub and create a one-of-a-kind place. One which will attract new customers and keep the returning ones. Serve your ever-improving brews to satisfy your patrons, earning you money and reputation. Master the realistic beer crafting mechanics, keep your kegs full, and never stop growing!  Can you make a name for yourself? Brewpub Simulator is planned to release on PC in 2023. For more information follow our Steam and social media.   Visit the Steam Page  Features: Brew your dream beer! Discover new recipes, buy ingredients and unlock more advanced equipment Unlock new furniture and decorations and customise your pub Earn reputation, attract new customers and keep your returning patrons satisfied Master each step of a realistic process of brewing craft beers Play multiple minigames, including pouring beer, changing kegs, mixing ingredients, bottling beer, and more Manage your business, hire employees and keep your pub fully stocked Take on daily missions to earn more money and experience   Brewpub Simulator Developer: Star DriftersPublisher: Movie GamesGenre: simulatorTarget platforms: PCPremiere: Q1 2023Brewpub Simulator on SteamWebsiteMovie Games on TwitterMovie Games on FacebookMovie Games on Instagram About Movie Games Movie Games is a Polish game developer and publisher, listed on NewConnect, the Warsaw Stock Exchange's alternative investment market. The company was founded by game enthusiasts with experience in the financial, gaming, and media sectors. It consists of new talents and industry veterans, including Maciej MiÄ…sik, the key developer behind The Witcher, and David Jaffe, the creator of God of War, Piotr Gnyp, a longtime video game journalist and the creator of Polygamia.pl, and Tobiasz PiÄ…tkowski, one of Poland's most acclaimed art directors and comic book writers. Movie Games' portfolio includes adventure games (the Lust series) and simulators (Drug Dealer Simulator, Gas Station Simulator, MythBusters: The Game, and Alaskan Truck Simulator).  In 2021, Movie Games together with the production and post-production house Platige Image established Image Games, an indie premium developer focused on producing AA role-playing games. About Star Drifters Star Drifters is fuelled by the love of game development and the energy of the artists who create them. We turn our dreams into original games that are meaningful to our players. Star Drifters consists of experienced and passionate developers focused on one goal - to create engaging games that will remain in the players' memory for a long time. Starting from 2020, the second area of our activity is the selective incubation of independent games and teams behind them. The scope of support is individually tailored and covers areas from production, design, and positioning through financing to the sale of the final product.

EXMO is a Ukrainian crypto exchange with headquarters in Kyiv and London. It has been operating since 2014, making it one of the first cryptocurrency exchanges. EXMO’s team has ambitious plans for 2022: it is about to launch a staking feature and a crypto school, obtains licences to operate in the US, is actively developing in European markets, and opens new offices. EXMO exchange goes global and Poland is the first big country it expands to. About EXMO crypto exchange "At EXMO, we have always had a vision of a world where everyone owns cryptocurrency. Easy and hassle-free. From the very beginning, the platform had a convenient and uncluttered interface, which is easy for a beginner to understand; we invest a lot in a big support team that solves any customer requests 24/7; we are also currently working on the launch of a free crypto school," says EXMO CEO, Serhii Zhdanov. EXMO is listed as a top 20 exchange, according to the CryptoCompare rating. 24,000+ traders trade on EXMO every day in 156 currency pairs; the average daily trading volume is $200+ million. The exchange has its own token - EXMO Coin (EXM) and, in addition to standard trading operations, offers OTC trading, margin trading, API and a mobile app. The exchange became only the second in the world where traders can withdraw euros and dollars directly to Visa and Mastercard cards. And besides the dollar and the euro, among the fiat currencies on the exchange, there are the pound, hryvnia, tenge and, of course, the Polish zloty. Paired with the zloty, you can already trade bitcoin, ether and USDT, but the list of pairs will be continuously expanded. The company didn’t only virtually expand its activity in Poland but opened a new office in Krakow and moved part of the team there, as well as hired new Polish employees. Also, EXMO established social media in Polish, where you can constantly read the latest crypto-related news and company updates. The company took the expansion of geography so seriously that it carried out a complete rebranding before that. And I want to tell you more about it. EXMO rebranding "According to statistics, about 13% of the population of Ukraine invests in cryptocurrency, while in Poland, the number is no more than 3%. The task of the team is not only to declare itself in new markets but also to popularise cryptocurrency in general.” - says Lyudmila Kryvko, CMO at EXMO. Most people still think cryptocurrency is complicated, and to understand what it is all about, you at least require an advanced degree and a year of experience. The truth is that digital assets are no more complex than the dollar. They gradually enter everyday life like ordinary money and anyone can easily understand and use them. One of the reasons why cryptocurrencies seem inaccessible is that all crypto-related companies usually visualise them as something very technological complex, cold and unattainable. You can try to explain with words that crypto is affordable, easy and even fun, but still, too many people hesitate to invest in crypto. It's time to change this: effective communication, friendly design and warm tones should all work together. This is how the request for a total renewal of the EXMO brand arose. Uncreepy crypto Say hello to the “Uncreepy crypto” concept. The platform's new design represents simplicity, humanity and ease of entering the crypto world. Uncreepy crypto is precisely about the fact that crypto is for everyone and about everyone. Crypto is fun and an exciting journey, not some obscure geek fiction. Such a reputation is outdated because there are numerous convenient payment methods, wallets and exchanges that make entering the crypto super easy. It is worth diving into the topic a little to understand it quickly. The entire visual component of EXMO has completely changed, from the signature colours to the finest design elements. Easily readable visible images appear as if they're hand-drawn. Such illustrations symbolise the ease of buying and using cryptocurrency. Anyone can draw such a picture, and similarly, anyone can master crypto. Nothing complicated, just try! And most importantly, the logo has changed. The wavy letter “M” represents cryptocurrency charts and also signifies the spring that gives impetus to entry into the world of digital assets. You can check the new logo and the updated style everywhere: on the EXMO website, while using the EXMO app and on social media. What’s next EXMO implemented the new design on 25th July 2022, and soon we will be able to provide feedback on the first reviews and results of the rebranding. This is definitely one of the few cases of implementing an unusual design among finance-related companies, and the result will be interesting to observe. You often hear that cryptocurrency is the future. In fact, this future has already arrived, and it seems to be important to demonstrate the ease of crypto for all people, erasing the psychological barrier. That is why it would be great if more crypto companies changed their positioning to a lighter and more human one instead of a complex technological one.

Civitatem - Release Date Trailer July 25, 2022 - Movie Games is pleased to announce that the revamped Food Truck Simulator demo will be available on Wednesday, July 27. The game was developed by DRAGO Entertainment, the team behind the smash hit 2021 Gas Station Simulator. The renewed demo will be publicly available on Steam from July 27, 2022 at 19:00 CET.    In Food Truck Simulator, you renovate, equip and restore the shine of the food truck that belonged to your father. Create recipes, cook the food and serve customers across an entire city. Customize and upgrade your food truck to reach more customers and expand your menu.    Customers can be impatient and needy. You'll find that you don't have all that much time to get them what they want and fit their palate as well.As your prestige grows, so does your repertoire of tricks and tools. Stay up to date with your fame as you follow your in father's footsteps.The game was created by DRAGO entertainment, whose indie title Gas Station Simulator topped Steam charts upon its September 2021 release, and sold already more than 500,000 units.  Check the Steam Page   In the renewed Food Truck Simulator demo, you will be able to try out improved elements such as: cutting rework tool wheel bigger map with new locations (locked for demo) added mini-map instead of the compass and improved the main map locked future features performance polished city cleaning mechanic expanded appearance feature (cleaning related) truck movement improved gas stations in the city (fuelling and fast travel locked in demo) new upgrades for truck and some changes with customization/upgrades tabs new voice actress for Clara Additional content can also be expected during the Playtest starting on August 10, 2022. The game's premiere will be available on Steam on September 14, 2022.  Full Game Features Renovating and expanding a food truck. Wide range of customization options. Large catalogue of equipment options to choose from. Create your own recipes. Driving with traffic system. Detailed cooking system. Different locations across an entire city with different types of customers. Various events. Living city with dynamic day and night cycle. The renewed demo for Food Truck Simulator will be available on Steam from the 27th of July 2022.

Robo Revenge Squad – Release Date Trailer 20 July 2022 – Greetings, humans! Mill Games, a publisher from the Movie Games group, and Rikodu have announced that Robo Revenge Squad will make a tactical drop on the Nintendo Switch and Xbox on 17 August 2022. Wishlist now and get ready to protect the Earth from evil machines in this 1-4 player arcade shooter. The game will launch for $20.00 / €20.00 and £17.99, a launch discount is also planned.  See the Nintendo of American store pageorSee the Nintendo of Europe store pageorSee the Xbox Store Page  For more screenshots and a downloadable trailer, see our Press Pack. They came to take over the Earth. All they're gonna get is a whooping! Everything is a weapon! Fight alien machines using Robos made of everyday objects: fridges, disco balls, baseball bats, and more. Go into action alone or join forces with friends. The game support 1-4 player modes. Kick metal butts! Sounds easy? There are big bad aliens along the way, and their bigger, badder bosses. There are puzzles and special objectives, from cranking carts to demolishing doom towers. And you also have to evacuate! Meet a worthy challenge in mission-based campaigns that end with boss encounters. Find your playstyle! Do you prefer melee or ranged combat? Will you rely on basic attacks or special moves? Are you a defensive player, or a Leeroy Jenkins? Decide and jump straight into the action. Level up and unlock TONS of new gadgets, from weapons to special devices to cosmetics. Make your Robo yours, and only yours.    TL;DR: Just. Have. Fun!

Star Strikers: Galactic Soccer - Announcement Trailer 19 July 2022 - Star Strikers: Galactic Soccer, a hand-drawn 2D football set in spaaaaace, will bring couch & online arcade fun to PC! Face teams from all over the universe in a tournament to decide the fate of Earth. This fast-paced game for 1-2 players is coming to Steam in 2023. Developed by Goat Gamez and Lunic Games, published by Movie Games.  Visit the game's Steam page or Join Movie Games Twitter or Discord Lead your team in a tournament where the prize is the future of your own planet! 8 best players from 8 different worlds. Each with different powers. Each with their own team of robo players. Which one will you become? Lead a team as an electrifying techno-cat. Face hot-blooded Vikings from an ice planet. Team up with the mighty molluscs of the Space Ocean. Or play defence with a four-handed goalie. Find the best captain for your tactics!   Discover Star Powers and enjoy the incredible spectacle that ensues. Learn how to use them to your advantage, and dominate the field. Every character is available in two versions: Light and Dark. Each comes with different Star Powers and leads to a different ending. Compete in the galactic tournament against the A.I. or invite a friend! Play multiplayer locally or online in exciting 1vs1 matches. Check out the Randomizer Mode for extra modifiers that will spice up your experience. Features Thrilling, lightning-fast matches of galactic soccer Single-player and local & online multiplayer modes Tournament mode with a story of epic proportions Randomizer Mode with surprising game modifiers 8 unique captains, each in Light and Dark version 16 Star Power abilities for tactical use Beautiful hand-drawn visuals Star Strikers: Galactic Soccer is coming to PC in 2023. Wishlist now on Steam.

Renting instead of owning? What will be the future of the residential market in Poland? The resources of the PRS sector in Poland are growing. Last year, almost one in five apartments was built for institutional lease, which also had a significant impact on developers' results. According to Walter Herz, in 2021, the value of investing in portfolios of real estate for rent in our country, amounted to approximately EUR 725 million. There are already almost 8 thousand units on the Polish market offered in the PRS segment and another several tens of thousands of apartments under construction. This year, the residential market entered the process of accelerated transformation. It happened due to, among others, the increase of interest rates and the amendment to S recommendation of the Polish Financial Supervision Authority, which drastically reduced the credit scores of apartment buyers and seriously limited their share in the structure of developer sales. On one hand, as the buyers are cut off from mortgages, the prospects for the rental market seem to be greater than ever before. On the other hand, however, investors talk about high uncertainty related to geopolitics and the conflict behind our eastern border, as well as rising inflation and costs of implementing and financing investments. Still, they are not withdrawing from the PRS market, but withholding decisions and watching as the situation develops. More and more negotiations between the funds and developers At the beginning of this year, the offers of foreign funds that invest with us in the PRS sector and wanted to enter into cooperation with developers were often not very attractive for the companies. The reason was very high demand from individual buyers and the higher margins that could be obtained from these sales. Now, when flats are selling much slower, the investors' offer gives developers the opportunity to maintain production, get revenues and obtain a faster return on capital. So they initiate contact with funds themselves. Today, however, they need deeper analysis and more time to make a decision. It is because the expansion of portfolios of apartments for rent in Poland is possible only through contracting premises in buildings that are yet to be built. Meanwhile, the number of launched construction projects started to drop. Companies suspend new projects because they have great difficulty planning investment budgets. - In the current situation, funds investing in the PRS sector in portfolios of real estate for rent may turn out to be a great support for the primary housing market in our country. Expanding cooperation with them is currently an optimal solution for real estate development companies, allowing them to develop their business, even at the cost of a lower margin - says Katarzyna Tencza, Associate Director Investment & Hospitality at Walter Herz. - Many residential real estate developers and even the companies operating in the commercial sector, such as Cavatina, plan to enter the PRS market. The sector is fragmented, some companies are willing to negotiate with funds, and some are waiting for the situation to stabilize. However, investors’ interest is still very high. This is evidenced, for example, by the recently concluded large investment transactions, as well as Hines and Kajima companies announcing to enter our PRS market. They are planning their first investments in the second half of this year – adds Katarzyna Tencza. New provisions in the contracts Katarzyna Tencza claims that the funds are now even starting to return to the analysis of projects for which negotiations were previously suspended. Various models of cooperation are discussed, which is related to sharing of the investment risk. - High inflation makes it difficult to estimate the costs of project implementation and financing in the next few years, and thus to maintain an optimal return on investment. So far, in the case of most contracts, funds have preferred fixed prices of the ordered apartments and did not participate in the risk of rising costs. Currently, in order to be able to define the price more precisely, first of all, it is necessary to postpone the talks until receiving the building permit for the project. Moreover, the parties consider the introduction of indexation clauses to investment agreements. In this way, developers want to protect themselves against rising prices of building materials and workmanship – notes Katarzyna Tencza. The rising interest rates are creating an incredible opportunity for our rental market today. We are observing an unprecedented demand for renting apartments, also generated by the influx of refugees from Ukraine, as well as Belarus and Russia. There is a great interest in renting from companies transferring their employees to our country along with their families, for whom they provide accommodation. This means that even premises with longer delivery dates offered in institutional rent are contracted at an express pace, unopposed to charging fees in euro. This form of lease is more convenient for companies than renting from the individual owners. As part of the subscription, the tenant may require a specific standard of the apartment, a transparent contract, quick service in case something breaks down, and a package including, among others, Internet, equipment, rent management app and a dedicated account manager, or the possibility of changing the premises altogether. Bigger opportunities for the development of the PRS sector Experts expect a further increase in rental rates in Poland, which gives even greater prospects for the development of the PRS sector. Especially because real estate in our country is still very well priced compared to the Western markets. According to Walter Herz, capitalization rates in the PRS sector for prime properties in Warsaw this year amounted to 4.70 per cent. - The change in investment directions on the real estate market is also associated with the expansion of the Walter Herz Land Development department, which is dedicated to servicing new projects. We offer services to developers and investors operating also in the residential segment. We conduct analysis, secure the land and prepare it for development. We provide project support from the formal, technical and administrative side, including we obtaining building permits, zoning approval and environmental permits – says Katarzyna Tencza. The number of building permits issued remains high on our market. However, we will see soon how many of them will actually be used. Developers will probably strongly adapt the new offer to the market needs and design flats differently. Compact premises that provide a relatively large number of rooms in a small area are becoming popular again. There is also an opportunity for developers related to transforming real estate function. Hence, the assumptions of the project have been prepared, enabling the changes in the functions of the real estate and the conversion of office and commercial buildings into residential buildings, which is to help increase the number of housing. This may prove to be a significant facilitation for investors, because thanks to the act it will be possible to use land with poorly performing office buildings and large-scale shopping centers in residential estates. The probability of implementing this type of investment increases, if we take into account the relatively low risk of cost estimation in such projects. In the near future, we will also find out what market interest will be generated with the government program ‘Apartment without the downpayment’. Everything will depend on whether it will enable individuals, who do not have savings for the downpayment, to take out a low–interest loan. The developers believe, however, that the program's impact on the market will be negligible for many reasons. About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors. Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. To ensure the highest ethical level of services provided, the agency introduced the Code of Good Practice. 

Civitatem - Release Date Trailer 11 July 2022 – What ho! Mill Games and LW Games are delighted to announce that Civitatem, a medieval city-builder, will commence on Steam on 1 August 2022 at $12.99 / £10.29 / €12.99 with a 10% launch discount. The game commeth to PC. Set your eyes on the announcement trailer.  Civitatem is a medieval city builder where you help your villagers raise a new settlement in dangerous lands, by making use of their skills and available world resources. Shape the future of your people by managing and assigning the most skilled villager for each task. Research new technologies.  Fight off the natural elements or raiders.  Explore the land for new villages to develop new trade routes.  Acquire new technologies and develop diplomatic relations.   The most important resource is your villagers, each specialized in some areas, gaining experience each time they perform a task.Educate them in schools and libraries to allow them to perform more complex tasks and jobs. Besides education, the health of your people is imperative, so herbalists and doctors are also quite important. Nature has always had her way since the beginning of time, so be prepared each season to face storms, disease, quakes and other events. Gaining high education, technology and constructing a strong settlement will help you survive in these troublesome times. Still, you have to be prepared to defend your village from raiders, wild animals and unfriendly neighbors.Kick up your heels and play! For more information follow our Steam and social media.  Check the Steam Page   Features: Procedural Maps – Territory Maps and Land maps are procedurally generated along with the resources. Villager Needs – Each villager has a certain number of needs for him to survive. Not fulfilling his needs like having access to food, shelter and water, might lead to the villager's death or him and his family departing your lands. Dynamic Events – Every season is a challenge. From a chance to being raided by some greedy raiders, getting attacked by wildlife or experiencing a natural disaster, there is no time to relax, unless you are prepared. Not all events are negative. There are also positive events that might help your village grow faster. Seasons, Day and Night cycle and Weather – Seasons are important due to weather, temperature and times to harvest and plant crops. Research System – By educating and acquiring books for your people you can develop new technologies ranging from military to farming and architecture. Some technologies will be unlocked only when you perform certain actions. Territory Exploration and Trade – Besides your territory, you can send scouts to search the land for other villages and points of interest with which you can interact, providing rewards ranging from acquiring new books for your research. Trade with other villages for books or other goods. Advanced Crafting – Having the best armors, weapons and tools is the route to success in these dangerous lands. Combat and Diplomacy – Defend your territory against raiders and aggressive neighbors, and later even attack back. Develop trade treaties or other diplomatic relations.

UAB Walletto financial services provider officially registered in Lithuania, which also has the status of a Principal member of the Visa and Mastercard as an Issuer and an Acquirer, continues to develop a wide range of advanced programs to issue and acquire payment cards. It is worth noting that Walletto focuses primarily on the B2B segment, thus the company is actively introducing new products, improving existing services, and implementing innovative banking solutions for its customers. As of today, the company offers its customers a wide range of exclusive and the most innovative programs for issuing and acquiring payment cards and payments (SEPA, SEPA mass payment, SWIFT). "BIN sponsorship of Walletto is the most popular way to launch White Label payment card programs with licensed financial institutions. We offer a fully certified and secure solution that is fully compliant with all requirements of both the payment card issuer and the payment processor. It is also worth noting that all Visa cards issued by Walletto support Google Pay and Apple Pay payments," said the Chairman of the Supervisory Board of Walletto Edgars Lasmanis. Representatives of the company remind the audience that the Walletto card issuance platform provides a comprehensive approach to setting up and managing all cards with the highest level of security. Edgars Lasmanis has 20 years of experience in the financial sector. He has also worked in senior positions in various European banks specializing in private banking and acquiring services. The Walletto Company was founded in 2017, then the management of the company received an electronic money license in Lithuania. The head office of the financial institution is located in Vilnius. Walletto has also received a Principal membership in Visa and Mastercard and became a member of STEP2 and SWIFT systems. Walletto provides services in the following areas: - Issuing (BIN sponsorship, co-branded cards, White Label card programs, Visa and Mastercard cards available) - Acquiring (acceptance of payments made with Visa and Mastercard cards) - Payments (IBAN account opening, SEPA, SEPA mass payment, and SWIFT) Furthermore, the turnover of the company in 2021 is 19.6 million euros, which is 40% more than in 2020. Currently, 70 employees are working in the company.

  Poland has every chance to become the largest beneficiary of the global economic transformation in Europe. We are more cost-effective than Western countries, we have good transport infrastructure and storage facilities, as well as educated staff. The upcoming months will show whether the largest global companies will transfer their production to our market on an even larger scale than before. Disruptions in supply chains related to lockdowns in Asia and the Suez Canal obstruction, which generated serious delays in deliveries and an unprecedented increase in the costs of international transport made investors realize that the need for a change is clear. Last year, thanks to the trend related to the allocation of production closer to the place of sale and the return of companies to locating operations in the country of origin, we gained a lot. In the field of direct foreign investments in the EU, only Germany and Sweden were ahead of us in 2021, although in 2019 we were winning in this respect with our western neighbors. However, we have already outdone Hungary and Romania, which we competed with not so long ago. Record value of foreign direct investment In 2021, according to Polish Economic Institute, Poland saw a record high value of foreign direct investment (FDI), ranking 14th in the world. USD 24.8 billion has been invested in our country, while in 2020 - USD 13.8 billion, and in 2019 - USD 13.5 billion. Investors from the BSS (IT + SSC) business services sector, research and development, the automotive, medical and electronic industries as well as companies from the electromobility sector have focused on the Polish market. - We have strong assets to gain primacy on the continent and take advantage of the global economy reshuffle. We can take advantage of the weakening position of Asia as the main global investment recipient as a result of the friction between the USA and China, and the trend of shortening supply chains and moving production and services to Europe - informs BartÅ‚omiej Zagrodnik, Managing Partner /CEO of Walter Herz. - 2021 has already brought European industry an increase in investment by one third y-o-y. For example, Poland is a European leader in the production of household appliances, and Chinese giants in this industry, as well as Korean manufacturers who already have factories in our country, are considering a serious expansion of their production on the Polish market – adds BartÅ‚omiej Zagrodnik. Unfortunately, this year the business climate and investment environment deteriorated. Apart from the war in Ukraine, today we have to deal with a rapid increase in prices, which is driving up inflation, therefore forcing central banks to raise interest rates and translates into higher costs of financing investments. UNCTAD is already pointing to the first symptoms of a global slowdown and a decline in the value of greenfield investments and international project financing. The fight for foreign investments will therefore be even more fierce. We have our reasoning - Our qualifications are a strong argument for investing in Poland. Young, qualified people with ambitions and a solid approach to work, who are abundant in our country, and the development potential is additionally provided to investors by professionals who move to Poland from across the eastern border. Public investment incentives, including special investment zones established throughout the country, also lure to locate business in Poland. Our advantage is also the location and modern transport infrastructure connecting the main cities of the region, as well as still favorable labor costs compared to other European countries. We should also mention a good level of GDP and the sheer size of the internal market, which is also a great incentive for investors – says Kamil Kowalewski, Senior Negotiator w Walter Herz. The good condition of our market is also confirmed by the indicators related to the lease markets. - The vacancy rate is dropping and the demand for commercial space is growing. The logistics sector is emerging on the market with record results. Warehouse investments are often carried out on a speculative basis, because there is a shortage of space, despite the rapid increase in domestic resources. Our warehouse market reinforces its position in Europe every year. In the first quarter of 2022, we delivered a quarter of the new supply of warehouse space on the continent. And the record absorption capacity of the Polish logistics market put us on the third position in Europe in terms of the amount of new demand in the first quarter of this year - informs BartÅ‚omiej Zagrodnik. Efficient logistics attracts investments The long-standing high demand for warehouse space in our country has also been boosted by the increased activity of tenants from the manufacturing industry in recent months. This encourages investors to implement further projects, despite the considerable risk associated with the rapid increase in construction and investment financing costs. According to Walter Herz data, 4.8 million sq m. of warehouse space remains under construction in Poland. Logistics real estate also spark particular interest in the investment market. After the record-breaking year for the Polish warehouse sector in 2021, in which investment transactions worth EUR 2.8 billion were concluded, the activity of investors on our market temporarily weakened due to macroeconomic turmoil and uncertainty related to the outbreak of war in Ukraine. However, business already sees the stabilization of the situation, supported by the presence of Poland in NATO and the EU structures. The advisers believe that in the long term, investors' interest in logistics facilities in our country will grow. This is evidenced by the demand for warehouses reported by the e-commerce sector, retail chains and production companies, as well as the improvement in the profitability of logistics real estate related to increases in rental rates on our market. About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors. Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. To ensure the highest ethical level of services provided, the agency introduced the Code of Good Practice. 

CD PROJEKT RED today announced GWENT: Rogue Mage, the first ever single-player expansion for GWENT: The Witcher Card Game, is now available! The standalone experience is now available for purchase for PC via GOG and Steam, macOS on Macs equipped with the M1 chip and above, as well as for mobile on iOS and Android. Previously known as Project Golden Nekker, GWENT: Rogue Mage is set hundreds of years before Geralt and other witchers were roaming the Continent, when the Conjunction of Spheres brought endless ranks of monsters into the world. Mankind needed a chance to fight back their onslaught to survive. Follow the footsteps of a young and ambitious mage, Alzur, and his companion, Lily, who embark on a dangerous quest to create a living weapon that will eradicate the monster threat once and for all.   Watch the GWENT: Rogue Mage launch trailer Rogue Mage's gameplay combines the best elements of roguelike, deckbuilding, and strategy games with the unique mechanics of GWENT card battles. As Alzur himself, players must make their way across a perilous land, fighting their way to reach legendary monsters and harvest precious mutagens to fuel their experiments. The challenges they'll come to face along the way will require the skillful use of powerful spells and combat resources represented by a vast arsenal of hundreds of cards. These can be further upgraded to become even stronger, as well as chained into combos for devastating results. Progressing through the adventure will offer players a chance to earn legendary treasures, unlock achievements, and climb online leaderboards, as well as customize the game's difficulty with dozens of modifiers. Learn more about GWENT: Rogue Mage Due to its extensive scope and single-player nature, Rogue Mage is distributed separately from GWENT: The Witcher Card Game. Internet connection and GWENT's multiplayer client are not required to play — the expansion can be launched fully in offline mode at any time. Players can also utilize cross-saves, allowing them to transfer their progress across all supported platforms when logged in via a GOG account.   GWENT: Rogue Mage is available for purchase right now on PC (GOG & Steam), as well as mobile (iOS & Android). Players have the option to choose from two versions, including a Deluxe version — which features the official Rogue Mage soundtrack, three alternative looks for Alzur, as well as digital goodies for use in GWENT: The Witcher Card Game on top of the expansion itself.   For more information regarding GWENT: Rogue Mage visit the official website. Source: CD Projekt

BWT Alpine F1 Team's Fernando Alonso claimed a well fought fifth place from today's British Grand Prix in a race filled with drama from start to finish at a sold-out Silverstone. Esteban Ocon looked set to join Fernando in the points, but he was forced to retire from eighth place, 14 laps from the end with a suspected fuel pump failure.Fernando's 10 points today means the team closes the gap to fourth place in the Constructors' Championship to six points.A red flag after an incident at Turn 1 on the opening lap brought almost a one-hour delay to the scheduled 52-lap race. Esteban was caught up in the incident – involving a handful of cars including Guanyu Zhou, Alexander Albon and George Russell – with damage sustained to the front-right corner of his A522. Esteban did well to nurse the car home during the red flag period, which allowed the team to make the necessary repairs to his car during the delay. After the restart, Fernando, on Mediums, pushed ahead to put pressure on the McLaren of Lando Norris in fifth, while Esteban, on Softs, edged towards the top ten and into points-scoring contention. By lap 11, Fernando held sixth and Esteban seventh.Esteban pitted for Hards on lap 22, while Fernando remained out aiming to undercut Norris ahead. He pitted on lap 33 for Hards before Esteban's retirement with a suspected fuel pump issue on the old start-finish straight brought out the Safety Car. Fernando capitalised, pitting for Softs, leapfrogging Norris who left his stop one lap later.A seven-lap sprint to the finish between six cars and five different teams ensued with Fernando well in the mix for a podium position. After a thrilling jostle for position across a number of laps and a number of cars, Fernando settled for a deserved fifth place at the chequered flag.Esteban Ocon, started P15, DNF:"The most important thing to take out of this race is that Zhou is OK after that massive crash. It happened right in front of me, and I was lucky to avoid most of it, but then I sustained damage on the right side of the car from contact with Alex [Albon]. I have to say, the guys did an incredible job getting the car repaired and ready for the race restart, so thanks and well done to them. We did well at the restart and the pace in the car was good. A fuel pump issue on lap 38 ended our race unfortunately and we had to retire the car. All in all, it wasn't a smooth weekend with some of the car issues in Q2 and today during the race, so we'll need to look into all of this closely. It was a weekend with a lot of learning and I'm happy for the team with the solid points from Fernando today. Onto the next race in just a few days' time."Fernando Alonso, started P7, finished P5:"It was a fun race today and we are happy to finish in fifth position. I was hoping there would be some drama at the end, and we might have sneaked a podium with all of the action, but it was fun to be fighting amongst it inside the top five places. I think our final position should realistically be fourth because I saw Charles [Leclerc] weaving multiple times in front of Lewis [Hamilton] and, compared to what happened to me in Canada, I guess it's not allowed and should be a penalty. Looking back at the weekend as a whole, I think the car was very good and I felt more competitive than in any other races so far this season. We executed our race very well and showed consistent pace. I'm expecting us to keep this up and hopefully maintain our competitiveness again over the next few races. I must say congratulations to Carlos [Sainz] on his first win and, also, I'm glad Zhou is OK after his incident at the start. It shows how far safety has come in modern Formula 1 racing."Otmar Szafnauer, Team Principal: "First of all, it's good news that the drivers involved in the incident at the beginning of the race are OK. It's testament to the extraordinary safety standards and implementation in Formula 1 that everyone was OK after a quite frightening incident. From there, this afternoon, we've witnessed a quite brilliant Grand Prix, which, for Formula 1, is a great advert for the exceptional entertainment of this sport. We're very pleased with Fernando's fifth place. He drove a well measured race and credit to the team for the pit-stop under the Safety Car, which allowed him to importantly jump Lando [Norris] and fight at the front towards the end. On Esteban's side, he too was driving superbly well after sustaining damage early on in the race. The team did a great job in repairing his car and then he put himself into contention to score good points. Unfortunately, a suspected fuel pump issue forced him to retire, and we will get on top of these issues quickly in order to ensure we achieve our goals. We leave here with ten points, a strong haul, and we're looking forward to going to Austria this week ready to score double points."

On July 1st, 2022, CD PROJEKT RED celebrates its 20th anniversary, marking two decades since the studio entered the video game development scene and began work on the first entry into The Witcher series of games. After seeing success in the realms of video game distribution and localization, CD PROJEKT turned its attention to the development of its own game which led to the creation of CD PROJEKT RED, a video game development studio, and official announcement of that fact on July 1st, 2002. In the twenty years since, CD PROJEKT RED has become a global industry name. The Witcher series of games — highlighted by 2015's critically acclaimed The Witcher 3: Wild Hunt — has sold over 65 million copies, with development on an all new mainline The Witcher game having recently been announced, as well. Cyberpunk 2077, the studio's latest release, has also become a globally recognized franchise, spawning its own anime series Cyberpunk: Edgerunners, created in collaboration with Studio Trigger and premiering on Netflix in September 2022. Currently CDPR is also working on the expansion for the game, to be released in 2023.   Looking back on the past 20 years, Head of Studio Adam Badowski said: When we started CD PROJEKT RED, we didn't know what you can and can't do in the video game industry. We were rebels from the get-go, and we had to learn everything ourselves. That gave us the freedom to develop our games our way, and that distinct and personal approach has formed the core of our DNA — which you can see has shaped our games. These last twenty years have been exciting and fruitful for us, unpredictably so, and we are extremely proud of our achievements and the fact that we can constantly count on the support of our community. That in particular is something we all cherish here, and it is with this positivity and optimism we head into our twenty-first year and beyond.     The studio is focusing much of its anniversary celebrations around its passionate community. CD PROJEKT RED has held a close relationship with players since day one, and it is thanks to their support over the years that the studio is where it is today. Gamers have always been at the core of CDPR's work and mission statement, and the recently announced 20th anniversary celebrations are the studio's way of sharing this special occasion with its equally special community. To that end, the studio has launched its own 20th anniversary website which invites community members to share their own memories of CD PROJEKT RED and its games via photographs, screenshots, artwork — and more. Gamers can upload their memories to the Birthday Gallery, and share this momentous milestone with both the studio and community members from all around the world. Over the next few months, regular streams of CD PROJEKT RED games will be hosted on the 20th anniversary website, with studio members taking the audience on trips down memory lane every Wednesday, starting from July 6th. Visitors to the website will also be able to learn studio trivia, take part in challenges — and win prizes — and more. For more information on CD PROJEKT RED and its 20th anniversary celebrations, follow the oficial Twitter & Facebook accounts, and visit 20yearsof.cdprojektred.com. Source: CD Projekt

As of late, there has been a lot of talk about USDT (US dollar Tether). Some people are convinced that it is a scam, while others believe that it is a stable and reliable way to store value. In this blog post, we will take a look at what USDT is, how it works, and why buying it might be a good idea. Stay tuned! How is USDT different from USD USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by a U.S. Dollar held in the reserves of the Tether Limited and can be redeemed through the Tether Platform. USDT can be used to purchase goods and services, or traded for other assets, such as Bitcoin, Ethereum, and other altcoins. USD, on the other hand, is the currency of the United States of America and is legal tender for all debts public and private within its borders. USD is also the official currency for international organizations like the International Monetary Fund (IMF) and the United Nations (UN). The dollar is also widely accepted as a reserve currency by central banks around the world. Unlike USDT, USD cannot be traded on cryptocurrency exchanges. Instead, it can only be bought and sold through traditional fiat channels like banks or forex brokers. You can also find USD ATMs in most major cities around the world. So, in short, USDT is a stand-in for USD on crypto exchanges while USD cannot be directly traded on them. How to buy USDT If you're looking to buy USDT in Dubai or any part of the world, there are a few things you'll need to keep in mind. First, make sure you have a reliable OTC exchange like Coinsfera that offers USDT trading. There are many different exchanges to choose from, so be sure to do your research before selecting one. Once you've found a reputable exchange, you'll need to visit it and give them cash in exchange of USDT in your digital wallet. Keep in mind that the price of USDT can fluctuate quite a bit, so it's important to watch the market carefully and time your purchase accordingly. With a little bit of planning and patience, buying USDT is relatively simple and straightforward. Why buying USDT is a good idea? Here are four reasons why buying USDT is a good idea. First, USDT is backed by actual US dollars, so you can be confident that each coin is worth $1. This stability makes USDT a good choice for traders who want to avoid price fluctuations. Second, USDT is available on a variety of exchanges, so you can easily sell or buy Tether in Dubai or anywhere else for other cryptocurrencies or fiat currencies. Third, USDT transactions are very fast, so you can move your money in and out of crypto quickly. Fourth, USDT is also relatively low-cost to use. When compared to other methods of payment like wire transfers or credit cards, using USDT can save you a significant amount of money in fees. Overall, buying USDT is a good idea for crypto traders and investors who want to hedge against volatility or move their money quickly. Thanks to its stability, availability, and low costs, USDT has become one of the most traded coins in the market. The benefits of owning USDT It is an attractive option for investors who want to protect their assets from volatility. USDT can also be used to purchase goods and services online or to send money overseas. Because it is backed by the US Dollar, USDT can be converted into cash at any time. As a result, USDT provides investors with a safer way to store their wealth, and a convenient way to make purchases and send money around the world. The future of USDT and other cryptocurrencies In recent months, there has been increasing interest in USDT, and it is now one of the most widely-used coins on the market. However, some experts are predicting that USDT's days may be numbered. With the US dollar experiencing its own share of volatility, it is possible that USDT will lose its value as a stable coin. Additionally, new stablecoins are being developed that are backed by other assets such as gold or fiat currencies. It remains to be seen whether USDT will be able to maintain its position in the market in the future. However, for now, it remains one of the most popular cryptocurrencies. Final Thoughts If you're looking for a stable, reliable currency to buy in the UAE, USDT is a great option. Although its value is pegged to the US dollar, it is much less susceptible to fluctuations than other currencies. USDT is also readily available and can be easily purchased through exchanges such as Binance. Overall, buying USDT in UAE is a smart choice if you're looking for a safe and secure investment in the UAE or anywhere.

Investors and clients are focusing on local shopping centers Today, investors enter only those sectors that guarantee security, stability and see very good results regularly. In an increasingly difficult business environment, they decide to develop real estate, which nowadays is a popular asset. The most important thing is investment security. Apart from the warehouse segment, retail parks are experiencing their best period. Thanks to the local character and a solid group of tenants, the majority of which are the largest chain operators, retail parks provide investors with a stable profit. - The retail real estate sector is currently focusing on projects that respond to the needs of the local community. It is focused on the construction of smaller facilities, such as retail parks and convenience stores, located near residential complexes where the shopping traffic has been redirected. In the retail sector, we can now observe the biggest change in the investment structure – says Bartłomiej Zagrodnik, Managing Partner/CEO at Walter Herz. - The group of investors deciding to build retail parks is growing steadily, and companies specializing in this type of projects are intensifying their operations and announcing further projects in smaller towns. The biggest players are acquiring land and planning expansion. In some cases, in the five-year perspective, they want to double their investment portfolio - informs Bartłomiej Zagrodnik. According to Walter Herz data, interest in commercial real estate increased significantly last year. The volume of investment transactions in this segment reached EUR 760 million. And only the first quarter of this year has brought the retail sector transactions worth almost EUR 700 million.     Bartłomiej Zagrodnik has no doubts that investments related to the construction of retail parks are now one of the best ways to strategically expand an investment portfolio or diversify a real estate portfolio for investors. - New retail parks are gradually filling the supply gap in all regions of the country. Profitability of projects encourages investing in them. Capitalization rates are up to 7 per cent, with full security of investments, which are ensured by long-term lease agreements concluded with network companies popular on the market. The boom in this segment is noticeable, for example, in special concepts prepared for local shopping centers by brands that want show their offer in them - notes Bartłomiej Zagrodnik. The growing interest in properties from the retail sector is connected to the development of the expertise of Walter Herz’s Land Development department, dedicated to, among others, such properties. - Noticing the growing interest in Land Development services in the warehouse segment in 2021, we decided to extend our services also to developers and investors in the retail segment. Not only do we implement projects, but also put together analyses as well as secure and prepare land for this type of investment. We offer services related to the entire investment process, securing projects from the formal, administrative and technical side, as well as construction and commercialization, and real estate sale - informs Bartłomiej Zagrodnik. According to Walter Herz, over 420 thousand sq m. of commercial space is being built in the country, most of which will become retail parks. The total stock of retail space in Poland amounts to 12.4 million sq m. of space, including about 2.1 million sq m. which is the backbone of retail parks and convenience centers. Advisors predict further development of this segment. This is also supported by the forecasts for stationary retail, which, despite the rapid development of e-commerce, are encouraging. Euromonitor International reports that by 2026, stationary sales will increase by over 10 per cent. The change in shopping habits means that we now mainly use retail and service facilities located in the vicinity of our place of residence. The popularity of local shopping centers stems from their convenient location for consumers. Quick shopping is also encouraged by the design of the facilities, which do not provide common areas, but practical, separate entrances to stores from the parking lot. It also supports sanitary safety.   About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors.   Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors.   The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. To ensure the highest ethical level of services provided, the agency introduced the Code of Good Practice.   

  27 June 2022 – Slide down the fire pole and grab your axe, because Fire Commander is about to release on Steam. This fire-fighting real-time tactical game will premiere on 27 July, developed by Pixel Crow Games and Atomic Wolf, and published by Movie Games. The game will be available for USD 14.99 / EUR 12.49 / GBP 11.39, with a 15% launch discount.  Visit the Steam pageorTry the free prologue   Fire Commander is a game where head a group of firefighters and run a fire station between 30+ action-packed missions. You hire new recruits, train them, specialize them, and send them on missions that range from small house fires to airplane crashes, toxic spills or raging infernos that require water drops from helicopters and airplanes. Be free to utilise different vehicles, class specializations and tools. Creatively combining them, discover multiple ways of dealing with any situation. In action, consider such factors as backdraft, smoke, or materials with a different combustion temperature.     Take care of your people during and between rescue actions. Send your firefighters on training courses and develop their skills. Be sure that during emergencies, everyone will know what to do.The welfare of your crew and the success of the missions depend on your decisions.Fire Commander premieres on 27 July 2022 on Steam for USD 14.99 / EUR 12.49 / GBP 11.39, with a 15% launch discount.   Check the Steam Page  Features: Different classes of firefighters; 30+ thrilling missions; Experience system with unlockable skills; Numerous rescue vehicles and a growing fire station; Story and side missions; An enemy you cannot outpower, only outsmart.

Watch the Prison King trailer 23 June 2022 – Movie Games and True Games Syndicate have the pleasure to announce Prison King, a new simulator / adventure game inspired by Thief and Shawshank Redemption! The game will be available on PC in 2023. Wishlist on Steam and watch the trailer below. Sentenced for innocence... And now you need to learn how to survive. Navigate the prison life, make deals with guards and gangs alike, manage and sell contraband, and plot your next move. Your goal: to get out.     Survive your sentence in this first-person simulator set behind the prison bars, from the producers behind Drug Dealer Simulator. Get into the prison politics, make deals, dig for useful intel, negotiate with the guards and prove your worth to everyone who's watching. See more screenshots in the Press Pack Become a reliable prison dealer and make your fellow inmates dependent on you. Use your connections to obtain contraband, manage the stock and sell it to your fellow convicts. Carve up your own position and climb to the top, ensuring your safety. One thing still doesn't let you sleep at night – you're innocent! And you need to get out of this hellhole. How? Collect evidence to prove your innocence. Or make a brilliant plot to escape! It's your decision to make.Deal your way out of prison! Prison King is planned to release on PC in 2023. For more information follow our Steam and social media.   Visit the Steam Page

Altcoins or alternative coins as they are otherwise known, typically refer to any other cryptocurrency apart from. But while the word may be a broad term being used for a wide range of cryptocurrencies, some altcoins and altcoins news are known to be more closely tied to the leading cryptocurrency — Bitcoin (BTC) and events related to them, than others. However, that is mainly a result of the fact that a good number of the so-called 'alternative coins' were forked from Bitcoin. Also noteworthy is the direct impact that the price of Bitcoin has on altcoins. It can be seen that altcoins prices are usually directly proportional to that of Bitcoin in the crypto market. That is, when BTC rises, altcoins do the same. But when BTC plunges, altcoins will inevitably plunge as well. So, with the current situation of the crypto market, and how difficult it is for BTC itself to stay afloat, one can easily understand why the majority of the altcoins are also having troubles at the moment. Having said all these, below is a list of the top seven most closely related altcoins to Bitcoin that will either rise or perish with the top cryptocurrency in 2022. Top seven altcoins whose fortunes or doom are tied to Bitcoin Solana Solana (SOL) is one of the biggest altcoins, and part of a group of cryptocurrencies tagged the "Ethereum killers." And just like Ethereum, it uses blockchain technology to facilitate decentralized finance (DeFi) projects including smart contracts and non-fungible tokens (NFTs). In addition, Solana also supports decentralized app development (dApps). Uniswap Uniswap is another altcoin that investors may use to earn and swap. The Uniswap protocol boasts of many products and service offerings. They include; Gelato, which supports automated transactions between cryptocurrency tokens on the Ethereum blockchain, TrustWallet, its highly secure crypto wallet, Universe Finance — a smart vault provider, and Rotki, the open-source analytics tool. Cosmos Just like every other aforementioned altcoin, Cosmos is another top altcoin whose fall will be unavoidable should Bitcoin fall in the current crypto market that has proven to be almost more volatile than usual. Reputed for offering solutions to some of the pertinent challenges of the blockchain industry including environmental impact, and slow and costly transactions. Polkadot Polkadot is one of the top altcoins which has an open-source blockchain platform. It provides interoperability and interconnectivity between specialized blockchains. That is, Polkadot helps facilitate the cross-chain transfer of any data between various blockchains. However, it is only able to achieve this, by permitting independent chains to securely exchange messages and transact with each other without the need for a trusted third-party Polygon Polygon is a decentralised Ethereum scaling platform that allows developers to create scalable user-friendly dApps with low transaction fees, whilst also keeping an eye on security. The altcoin combines the proof-of-stake blockchain infrastructure and the Plasma framework for investors to have a seamless experience. Theta Theta is a popular altcoin and blockchain, whose end-to-end infrastructure was purposely built for decentralized video streaming. On Theta, crypto investors may share bandwidth and computing resources via a peer-to-peer method. Avalanche Avalanche is perhaps the most connected altcoins to Bitcoin. It is, in fact, the fastest smart contracts platform in the blockchain space. And with its offering of an eco-friendly, low-cost, and remarkably fast platform, Avalanche may have become a favourite amongst smart contract-based applications.

  14 June 2022 – Fire Commander: First Response is out now on Steam! Play the free prologue of the tactical RTS Fire Commander from Pixel Crow Games and Movie Games. Step into the shoes of everyday heroes, command your firefighting units and save the lives of innocent civilians. Download for free on Steam.Lead a team of firefighters against the force of nature! Play three varied missions where your task is to lead your team and deal with the crisis.    PLAY NOW ON STEAM   Control the tactical action in real-time, with an active pause. Use different classes of firefighters and the vehicles at your disposal. See if you have what it takes to be the Fire Commander. Screenshots from the full version Full Game Features The full version of Fire Commander will have you dealing with a variety of environments and dangers, including a plane crash and a toxic spill, in over 30 different missions. You will also frequently visit your fire station to specialize and develop your crew. Utilize different vehicles, class specializations and tools. In action, consider such factors as backdraft, smoke, or materials with a different combustion temperature.Fire Commander: First Response is now available for free on Steam. The full game is coming to PC first in 2022, with console versions to follow. For more information follow our Steam and social media.   Check the Steam Page Features: Three varied missions Creative approach to any situation Real-time tactical action with active pause Different types of firefighters and vehicles An enemy you cannot outpower, only outsmart

DevConf is one of Poland's premier annual conferences dedicated to software development.This year you can join us in DoubleTree by Hilton, Łódź. Our conference is addressed to developers who need to sharpen skills and broaden horizons. Each participant has the opportunity to listen to lectures given by world-class specialists with wide range of expertise.The whole event is divided into two parts:pre-conference workshops happening on 31 Aug 2022 - 1 299PLN netthe conference itself on 1-2 Sept 2022 - 999PLN net (Regular price till the end of July)Long story short - three days of curated content for those hungry for learning and networking.

The beginning of the year brought a revival in demand for offices. Katowice now have a larger offer than Poznan, and rental rates for the best space in Warsaw have increased In the first three months of this year, developers delivered 50 per cent more offices than in the same period a year earlier, and almost three times more than in 2020. According to Walter Herz, the seven largest business centers in the country, gained a total of over 320 thousand sq m. of new space. The number of offices under construction decreased during this period from 1.1 million sq m. to about 870 thousand sq m., around 600 thousand sq m. of which was under construction in April on the regional markets. - The diminishing number of emerging offices results in an increasingly limited choice of good-quality space in some cities. Warsaw is particularly exposed to supply shortages, where the smallest number of offices have been built in over a decade - says Mateusz Strzelecki, Head of Tenant Representation Partner at Walter Herz. - At the same time, we observe a clear increase in demand on the office market. In the first quarter of this year, in the seven cities we surveyed, 413 thousand sq m. of space was leased, which means that tenants leased almost twice as many offices than in the same period last year – says Mateusz Strzelecki. - There is also a clear noticeable increase in tenants' interest in flexible forms of lease, that is co-working spaces and instant offices. In some locations in the country there is a shortage of vacancies in such spaces. The ESG aspects also have an increasing influence on the office real estate market and companies' strategies – adds Mateusz Strzelecki. Rental rates are rising In turn, rising construction and finishing costs of office space put pressure on the rise in initial rental rates. - Increasingly higher prices of utilities, waste collection or labor costs are already reflected in the amount of service charges. In some office buildings, we are dealing with increases in advance payments towards service charges. As a result of inflation, effective rents for the best office space in Warsaw have also slightly increased. It is also related to the clearly visible trend of relocation of tenants to the newest buildings - notes Mateusz Strzelecki. The greater demand for offices is offset by a large amount of space delivered in regional markets outside Warsaw. Hence, the vacancy rate in the leading locations in Poland, according to Walter Herz data, remains on average at a similar level to that at the turn of the year. The first three months of this year in Warsaw brought slightly over 90 thousand sq m. of space in six completed office buildings. Among the delivered properties, there is the skyscraper in Forest building, the third office building in Lixa complex, the first building in SkySawa project, and Fabryka PZO II office building. The capital resources now amount to 6.24 million sq m. of space. In Warsaw, the demand is three times higher than the new supply There are currently over 320 thousand sq m. of office space under construction in the city. Varso Tower, The Bridge, Skyliner II and Studio complex, among others, are currently under construction. Compared to the years before the pandemic, when almost three times more offices were built over a number of years, this is a large investment gap. Despite the increasing difficulties visible on the market, developers are heading towards their former activity. Last year, six zoning decisions were issued in Warsaw and seven new applications were submitted. Due to the small number of offices being built, with the growing demand, the vacancy rate in Warsaw is dropping. If nothing changes, shortages in supply already pointed out by flexible space operators, will also affect those who rent traditional office space. However, the quality of offices offered in the capital deserves attention. Over 40 per cent of office space in Warsaw is certified, which places its location among the global leaders. In the first three months of this year, the demand for Warsaw offices was three times higher than the new supply, it exceeded 270 thousand sq m. of space. It was the highest quarterly result in the last few years. It is three-fourths higher than the average in the last five years and nearly 2.5 times higher than in the previous year. Wroclaw offices are the most popular in the regions The largest lease transactions in Warsaw were carried out by companies from the banking and financial sectors. In regional cities, the highest needs in terms of work space have recently been demonstrated by tenants from the technology and business services sectors. On the Cracow market in the first quarter of this year, approximately 31 thousand sq m. of space were contracted, which is a result slightly better than in the previous year, but almost a half lower compared to 2020. Cracow's office resources increased by 21 thousand sq m. of space, which allowed to increase the potential of the city to 1.64 million sq m. of offices. Among others, Aquarius and the last building in the High5ive complex, were delivered. Nearly 200 thousand sq m. of space is still under construction, including Brain Park, The Park Cracow, Ocean Office Park and Kreo. In Wroclaw, office space currently amounts to 1.28 million sq m. of space. During the first three months of the year, over 36 thousand sq m. of new space were delivered in Wroclaw’s MidPoint 71 project, and over 116 thousand sq m. is currently under construction. Other projects include another building in Centrum PoÅ‚udnie complex, Wielka 27 and Infinity. In the first quarter, over 38 thousand sq m. of offices were the subject of lease, which means almost 70 per cent. year on year growth and gives Wroclaw the best result among the regional cities. The Tri-City is close to joining the group of cities with 1 million sq m. of modern office space. Only a few thousand sq m. of space are missing from this threshold. According to Walter Herz, in the first three months of this year, about 32 thousand sq m. of office space emerged on the Tri-City market. There are 68 thousand sq m. of offices under construction, most of which are located in Gdansk, while, the quarterly demand exceeded 22 thousand sq m. of space. Katowice is rapidly increasing its potential In Poznan, there are no recently completed office buildings, which means that the existing office supply remained at the level of approx. 620 thousand sq m. of space. There are 79 thousand sq m. of office space under construction. The largest projects include Andersia Silver and Nowy Rynek E. In the first quarter, the demand amounted to 6.5 thousand sq m., which is a 40 per cent. higher result than in the previous year. Katowice was the leader in terms of new supply in the first months of this year. The construction of over 116 thousand sq m. has been completed there. Thus, almost half of the commissioned space at that time in the regions belonged to this agglomeration. As a result, Katowice has about three times higher inflow of new supply than the average for the last three years. Thanks to an exceptionally large amount of supply, which was provided, among others, by office buildings in .KTW II and Global Office Park project, as well as DL Tower and Carbon Office, office resources in the city amounted to 715 thousand sq m. Katowice has thus become the fifth largest office market in the country, ahead of Poznan. There are over 70 thousand sq m. of office space under construction on the Katowice market, including the Craft building. In the first quarter of this year, the demand for Katowice offices reached 30 thousand sq m. of space, which was almost seven times higher than the result recorded in the corresponding period of the previous year, and over 40 per cent higher than in 2020. In Lodz, the supply of the existing office space amounts to 611 thousand sq m., due to this year’s completion of the construction of almost 23 thousand sq m. of offices. Among the completed buildings, there are two office buildings in Monopolis and React complexes. Over 70 thousand sq m. of office space is under construction. The demand for office space in the first months of the year amounted to 12 thousand sq m., which is lower than the average in the last five years. About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors. Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. To ensure the highest ethical level of services provided, the agency introduced the Code of Good Practice. 

Movie Games proudly presents Beyond Sunset, a game by Vaporware a.k.a. Metacorp   Play the demo on SteamPC & Mac demo availableFull game coming in Summer 2023   Sunset City, 20XX. You wake up in a strange facility. Everything wants you dead. You only know your name. Lucy. Your instincts and abilities kick in. Lightning-fast reactions. Innate combat skills. Armed with a katana and a variety of firearms, you need to survive and find some answers. Was your Future Games Show presentation real? What is real? A new RPG/shooter made using a port of the original Doom engine? Answers lie below.       What is Beyond Sunset?  FLUID MOVEMENT: High-octane first-person action with advanced movements for dashing, sliding and other acrobatics.  RPG ELEMENTS: Interact with NPCs, learn the lore of Sunset City, take side missions and upgrade your abilities.  LO-FI AESTHETIC: Inspired by classic first-person shooters, from Doom to Duke Nukem 3D to Blood.  SYNTHWAVE VIBE: Hear an original vaporwave soundtrack composed by synthwave legend Karl Vincent.  MOD SUPPORT: Create and share your own levels, weapons and more with richly-featured free and open-source tools. Enter Beyond Sunset on Steam   Beyond Sunset is coming to PC and Mac via Steam in Summer 2023. Demo available now for all non-artificial life forms. End of transmission.

Watch the cinematic trailer for the new top-downco-op shooter by the creators of War Hospital.   11 June 2022 – Publisher Movie Games and developer Brave Lamb Studio announced Enemy of the State, a top-down co-op shooter revealed during the Future Games Show. This new title by the creators of War Hospital is coming to PC, PlayStation and Xbox in mid-2024. See the Steam page and watch the cinematic trailer. Enemy of the State is a co-op and single-player top-down shooter set in the world of 1920s crime lords. You're an aspiring mobster trying to reach the top during the Prohibition era. Gather your friends and perform heists all over the world. Will you build the most powerful crime syndicate in the world? Pre-alpha screenshots     You are a low-level criminal, with an ethnicity of your choosing, aspiring to become a true mafia boss. Gather your gang and perform all kinds of jobs, all over the world. From heists to turf takeovers to kidnappings and assassinations. Your goal? Same as always. Money, power & respect.Choose your class, customize your mobster and go conquer the world. Make your background American, African-American, Irish, Japanese, or Chinese. Get better, grow stronger, and unlock perks, cosmetics, and outfits. Concept art for Enemy of the State Feel the kick of Tommyguns, shotguns, revolvers, pistols, dynamite sticks, and other iconic weapons. If you need them to kick harder, upgrade them! And if you're looking to spice up your action, try obscure historical weapons from Japan or China.Prepare for new jobs in your fully customizable hideout. It's also your hub where you can hang out with other players and form syndicates that compete for notoriety online! Concept art for Enemy of the State Visit beautiful, detailed 1920s locations from all over the world. The game's powerful art style was inspired by art deco, Dishonored, and classic noir films & comics. Become the big crime boss of the Prohibition era! Enemy of the State is coming to PC, PlayStation and Xbox mid-2024. For more information follow our Steam and social media. Check the Steam Page Features: Story-based campaigns and co-op jobs Varied missions, from heists to turf takeovers Deep combat with customizable weapons and a cover system Extensive player progression with many available classes Player-created syndicates that compete online Interactive, customizable hub

10 June 2022 – The demo for Alaskan Truck Simulator debuted today on Steam, while a gameplay trailer was showcn on Future Games Show. The game is developed by Road Studio and published by Movie Games. The target release window for PC is late 2022, with PS and Xbox ports to come later. This long-awaited simulator, May's #98 most wishlisted game on Steam, lets you be a trucker, not a truck. Step out of the vehicle and live in a huge, open world of Alaska. Download the demo on Steam Demo features Ca. 45-minute opening haul World interactivity in and out of the truck Available map inspired by the Cantwell area (approx. 10% of the full game map) Winter setting (all seasons available in the full game) Scripted weather & day/night cycle (dynamic conditions available in the full game) Selected demo locations Be a trucker, not a truck! You are a real person behind the wheel. Explore the basic needs of both man and machine. You will need to pay attention to the stats management and the condition of your vehicle. You can become hungry or tired – so you need to eat and sleep. Your truck needs maintenance too – fuel it, change oil, put on chains in winter. Take care of all the difficulties you can encounter on the road!Alaskan Truck Simulator is planned to release on PC, and later on PlayStation and Xbox. The target release window is late 2022. Play the demo on Steam

CD PROJEKT RED, creators of Cyberpunk 2077, together with Netflix and Studio Trigger present all new promotional materials for the upcoming Cyberpunk: Edgerunners anime, including a new key visual, a teaser trailer, and a production documentary video. The parties have also announced that the show will premiere in September of this year. Revealed during Netflix's Geeked Week, an event dedicated to geek culture shows, movies, and games available and set to arrive on the streaming platform, the new assets mark the first time Cyberpunk: Edgerunners has been shown off in motion — in the form of a teaser trailer as well as the first part of a series of behind the scenes videos.    Watch the Cyberpunk: Edgerunners Official Teaser     In addition to commentary about the show's development from key CD PROJEKT RED staff involved in the project, the documentary also features first-look stills and concept art as well as an exclusive clip and scene breakdown from the anime. Future behind the scenes videos will cover other aspects of the show, with extra insight from members of Studio Trigger.    Watch Cyberpunk: Edgerunners — Inside Look   The new key visual for Cyberpunk: Edgerunners, drawn by chief character designer of the show Yoh Yoshinari and released as part of Geeked Week, presents the show's protagonists, David and Lucy. The pair is also shown throughout the teaser trailer and behind the scenes video, along with other major and minor characters of the show.   Cyberpunk: Edgerunners tells a standalone, 10-episode story about a street kid trying to survive in a technology- and body-modification-obsessed city of the future. Having everything to lose, he chooses to stay alive by becoming an edgerunner — a mercenary outlaw also known as a cyberpunk.   The show is created by renowned game development studio CD PROJEKT RED, with Cyberpunk 2077 and The Witcher 3: Wild Hunt creative talent involved in the project. Bringing the world to life in Cyberpunk: Edgerunners is acclaimed Japanese-based animation company Studio Trigger, with Hiroyuki Imaishi (Gurren Lagann, Kill la Kill, Promare) directing the show. Yoh Yoshinari (Little Witch Academia, BNA: Brand New Animal) is assigned as chief character designer as well as executive animation director. Masahiko Otsuka (Star Wars: Visions 'The Elder') and Yoshiki Usa (GRIDMAN UNIVERSE series) are in charge of writing the screenplay based on the story provided by CD PROJEKT RED. The original score is composed by Akira Yamaoka (Silent Hill series).   Cyberpunk: Edgerunners premieres on Netflix in September 2022. Visit the official website for extra information, assets, and newsletter. You can also follow the show on Twitter. Source: CD PROJEKT RED

  Promised Land Art Festival Returns! Tickets Now on Sale; First Speakers Announced! CD PROJEKT RED, creators of The Witcher series of games, GWENT: The Witcher Card Game, and Cyberpunk 2077, announce that Promised Land Art Festival is back this August 31st – September 3rd, with tickets now available for purchase via the event's official website. Aimed at professionals working in film, gaming, and other creative industries, Promised Land Art Festival is a place for the exchange of knowledge and experience, for networking, and crossing the divide between digital and traditional arts — areas of the creative process that lie at the core of CD PROJEKT RED as a game development studio. Throughout four days of the festival, participants will have the opportunity to take part in more than 100 hours of activities, including talks, discussion panels, hands-on workshops, masterclasses, demos, as well as Q&A and networking sessions. The event will once again take place in EC1 Łódź — a former power station, modernized and now serving as a center for culture and science. Watch Promised Land Art Festival Teaser Video Last time around, Promised Land saw more than 600 attendees of various experience levels and from all walks of creative industry life. Speakers at the event represented some of the most recognizable names in games, films, and lifestyle such as Capcom, Disney, Pixar Animation Studios, Paramount Pictures, BioWare, MachineGames, Framestore, Digic Pictures, MPC London, Double Negative, and CD PROJEKT RED. The studio today unveiled the first speakers for this year's event: Harvey Newman, Daniel Lupien and Jordu Schell; with more to follow as Promised Land draws closer. Harvey Newman is an Animation Director with nearly two decades of experience working in the game industry in studios such as Crytek, Lionhead, Creative Assembly, Axis, DICE, and Build a Rocket Boy. He's helped to ship many award-winning titles from different leadership positions, including Battlefield V, Horizon Zero Dawn, Star Wars Battlefront, Crysis 3. Daniel Lupien has been working in both the video game and VFX industries for the past 21 years, focusing mostly on assets. He is also a practical prop maker. He specializes in texturing and for the past eight years has been working as an Asset Supervisor at Rodeo FX — where he has worked on many franchises such as: Game of Thrones, Fantastic Beasts, Aquaman, WandaVision, and Jumanji. Jordu Schell has been in the film & television industry since 1987. His talent as a designer and sculptor is world renowned, and his credits include: Avatar, The Chronicles of Narnia: Prince Caspian, 300, Hellboy, Men in Black, Batman Returns, Edward Scissorhands, Babylon 5 and many more. Learn More About the Speakers Tickets for Promised Land are available starting today, with a special Early Bird discount available for all until June 30th while supplies last. Each ticket grants full access to the entire roster of Promised Land activities, as well as Open Day — a one-day-only, creative industry enthusiast event with its own, separate programme. Included with each main event ticket are food & drink vouchers, as well as a welcome pack of physical Promised Land goodies. Buy Promised Land Art Festival 2022 Tickets Promised Land Art Festival is organized by CD PROJEKT RED in cooperation with "EC1 Łódź – City of culture" and the City of Łódź, Poland. More details about Promised Land are available via the official website. Source: CD PROJEKT RED

Drivers Esteban Ocon and Fernando Alonso and Team Principal Otmar Szafnauer share their thoughts on the seventh race of the season in Monte Carlo. To learn more about some of the team behind the scenes at Enstone and Viry, please click on the links below to the full preview. Otmar Szafnauer: "Firstly, what an exciting race we had in Spain throughout the entire field. It was good fun with the multiple stops and overtaking, so I'm sure it was a great spectacle for all fans of Formula 1. From our point of view, considering our starting positions after a tough Saturday, we left Spain pleasantly pleased with our points collection. We're all looking forward to going to Monaco. It's an incredibly special place and a very historic and important racetrack for Formula 1, where we all enjoy racing. Clearly, with the nature of the close walls and tight corners, it's a tricky place for overtaking on race day. We need to ensure our one-lap pace is good, which, in general, it has been, apart from the anomaly in Spain where we were not as quick on Saturday as we were on Friday."Esteban Ocon: "Monaco is a special track in many respects: the average speed is the lowest of the year and the corners are so tight that power is not as important as other tracks. You need some good stability under braking and a solid engine that responds well out of the corners. And as we all know, grid position in Monaco is crucial so a better performance than in Barcelona in Qualifying from us will be important. P9 there last year so just inside the points but we'll of course be wanting to improve on that result and make sure we have a smoother weekend from start to finish."Fernando Alonso: "I've always enjoyed racing in Monaco. It's one of the biggest spectacles on the Formula 1 calendar. I think with this year's cars it's going to be even more challenging than normal, with all of the slow speed corners. As we know, one small mistake around the streets of Monaco and you end up in the barriers. Qualifying is also very difficult given the traffic you encounter on a lap. I'm looking forward to the challenge!"2022 Monaco Grand Prix Factfile: The Circuit Circuit length of 3.337km Race distance of 260.286km. This is the shortest distance on the calendar Top average speed in 2021 was 157.833kmh (98.072mph), the lowest average speed on the calendar. Highest speed of 290.8kmh (180.69mph). The Fairmont hairpin is the slowest corner in all of Formula 1. One of only three tracks in the history of the sport to feature a tunnel. Cars can lose between 20-30% of their downforce due the unique aerodynamic properties of the tunnel. Driver and Team facts Renault-powered cars have achieved 14 pole positions, eight fastest laps, 24 podiums, seven wins and 449 points from 154 starts at the Monaco Grand Prix. Fernando Alonso is the only active Formula 1 driver who has completed two thirds of the fabled motorsport triple crown. Fernando won the Monaco Grand Prix with Renault in 2006 and has two Le Mans 24 hours titles' to his name. Esteban Ocon's best result in Monaco is P6 in 2018. Esteban also finished inside the points in 2021. Should he start Sunday's race, Esteban Ocon will move into the top ten of most starts for a French driver in Formula 1 (96). Fernando has two previous wins in Monaco which is only bettered by Lewis Hamilton of the current drivers on the grid. Fernando can overtake Graham Hill as the driver to have completed the most racing laps at the Monaco Grand Prix. Fernando has raced 1,198 laps so far at the circuit and will beat the record if he completes 14 laps.

LOCONI Intermodal S.A. company has leased almost 2,000 sq m. of office and warehouse space and nearly 80,000 sq m. of space for transport on the premises of the railway cargo terminal in OKAM property located at JagielloÅ„ska Street, in Warsaw district of Å»eraÅ„. Walter Herz, leading agent for commercialization of the project, represented the owner in the lease process. LOCONI Intermodal has been operating on the Polish logistics market since 2011. The intermodal operator organizes transport of containerized cargo, using various forms of transport in the supply chain. The company has a network of handling terminals and provides regular intermodal connections between seaports and terminals in various locations. - Intermodal transport is one of the most dynamically developing branches of the logistics sector in Poland. It is a great satisfaction for us that LOCONI Intermodal, which ranks among the largest intermodal operators on our market, has chosen this Warsaw location for developing its own logistics facilities and expanding the network of serviced terminals. The smooth course of the lease process, which required careful negotiation of technical, legal and financial conditions, allowed the parties to quickly reach a compromise and conclude a contract - says Piotr SzymoÅ„ski, Director Office Agency at Walter Herz. - Recent years have shown how important efficient transport solutions are for the proper functioning of the economy. Intermodal logistics combines road, rail, sea and air transport, which enables safer and, more importantly, timely delivery of cargo. This type of transport allows not only to shorten the delivery time, but also to reduce costs. Enterprises have shown great interest in the effectiveness of transport, as well as the environmentally friendly solutions. To accommodate the growing needs of the market, we are constantly expanding the transportation network. The Warsaw cargo handling hub is an important link in our company's transport connection system - admits Dariusz Barcik, vice-president of Loconi Intermodal S.A. - Commercialization of the property in Warsaw Å»eraÅ„ is a great challenge even for such an experienced company as ours, which has been successfully investing in Poland since 2004. The implementation of plan to rebuild the area of over 60 ha and restore the reputation of the former car factory in Warsaw, which we have undertaken, will take several years. The scale of the project is so large that the preparation process for the implementation of this project itself will take several years. The complex currently offers space of various functions and an extensive logistics, warehouse and production infrastructure. Its full commercialization has already been carried out, thanks to the support and commitment of Walter Herz experts - informs Arie Koren, member of the OKAM board. OKAM property is located on the premises of a former car factory at JagielloÅ„ska Street in Warsaw. The complex, which covers an area of 62 hectares, offers office, service and warehouse space, as well as space intended for exhibition yards and parking lots. It is the only location in Warsaw with its own railway siding, enabling the creation of an intermodal terminal. Most of the space in the complex is characterized by a wide range of parameters, which creates multiple lease options for companies looking for non-standard solutions, combining warehouse, production, logistics, office and service space. On the premises of the historic factory in Å»eraÅ„, where the last car left the assembly line in 2011, there is a museum devoted to the history of the automotive industry in Poland. The location of the property provides direct access to the S8 route. About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors. Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. To ensure the highest ethical level of services provided, the agency introduced the Code of Good Practice. 

Andersen, a global IT company, has chosen Fabryczna Office Park complex to be the headquarters of its Cracow branch in Poland. Walter Herz provided comprehensive consulting and support in the process of searching for a location Andersen company, which has been providing programming services for 15 years and running several development centers around the world, is to open a branch in Cracow in Fabryczna Office Park complex. The building is located at 18 Aleja Pokoju Street, in the central part of the city. Andersen plans to start work in the new office before the end of May, 2022. The Cracow development center will be located on almost 1 000 sq m. of space. The office space will be arranged in accordance with corporate guidelines, providing the team with a comfortable environment for work and development. Andersen’s Cracow office will include, among others, a spacious open space, a conference zone and offices reserved for on-line meetings and quiet work, as well as a game room with a leisure area. The choice of Fabryczna Office Park complex was determined by the high quality of the space offered, as well as the central location of the building, which makes it easy for all Andersen employees to reach their workplace. The company appreciated the modern architecture of the project combined with solutions reminiscent of the atmosphere of old Cracow, the location of which allows access to the Market Square within 30 minutes. - We were looking for a spacious office, which we could adapt to our corporate guidelines and internal standards. Initially, we planned to lease a smaller space, but given the rapid growth of our business, we decided to expand it. We will be reviewing development plans and responding to the growing demand in the future. We want to launch new centers in other Polish cities in the near future - says Stephanie Kolosova, Delivery Manager/Head Of Cracow Office at Andersen. - We appreciate the fruitful cooperation we have established with Walter Herz, whose actions were carefully planned and transparent when searching for a suitable location for us. The advisers showed great expertise, flexibility and a completely customer-oriented approach. Their knowledge is a guarantee of a successful project. We can recommend this partner to any company that is looking for its future headquarters - adds Stephanie Kolosova. - An in-depth and broad analysis of available office options in Cracow, as well as comprehensive advice and support in every aspect of the space lease process was important For Andersen. We were looking for a location that would allow for comfortable work and development of the current team, and at the same time leave a certain cushion that would allow us to secure further needs related to the continuous development of the company. We are very pleased that we have managed to achieve all the goals set by the client and to propose some out-of-the-box solutions that have been appreciated by the company. We are grateful for entrusting us with the entire negotiation process - says Kamil Kowalewski, Senior Negotiator at Walter Herz. - We are glad that another prestigious company operating on a global scale has joined the group of our tenants. We believe that our complex will meet all the requirements of Andersen and will become the basis for further growth of this internationally recognized organization in Poland - informs PrzemysÅ‚aw Łukasik, vice-president of Inter-Bud Group. Cushman & Wakefield company represented the landlord in the lease process. Fabryczna Office Park is an office complex that will ultimately include six A-class office buildings with a total lease area of 77.5 thousand sq m. The first stage of the investment received BREEAM Post Construction certificate rated Outstanding. The office buildings will form part of the mixed-use investment project Fabryczna City implemented by Inter-Bud company on a plot of 6.5 ha in the post-industrial area of the former State Vodka Factory in Cracow. Apart from the office buildings, the historic part of the mixed-use complex, will include a four-star Mercure hotel, a fitness center, a swimming pool, a museum, shopping and service units with restaurants, as well as residential buildings. The flagship project of the Polish investment and executive group Inter-Bud, which brings together over a dozen companies specializing in various sectors of the construction market, is located in the center of Cracow, near the two most important transport junctions in the city - Mogilskie roundabout and Grzegórzeckie roundabout. About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors. Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors. Read next: Altcoins: Ripple Crypto - What Is Ripple (XRP)? Price Of XRP | FXMAG.COM The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. To ensure the highest ethical level of services provided, the agency introduced the Code of Good Practice.  Follow FXMAG.COM on Google News

  BWT Alpine F1 Team converted its lowly grid positions of twelfth and twentieth into seventh and ninth at the chequered flag after superb drives from Esteban Ocon and Fernando Alonso to bring home eight points from a scorching hot Spanish Grand Prix at the Circuit de Barcelona-Catalunya.Esteban charged through the field early on to propel himself into points-scoring contention with home hero Fernando storming from last on the grid – as a result of an engine change – to ninth at the finish.Both drivers ran to a three-stop strategy, starting on Softs, onto Mediums during the second stint, before finishing with two sets of Softs for the second half of the race.Esteban showed solid pace and demonstrated smart racecraft in making up a handful of places throughout the demanding 66-lap race to finish a comfortable seventh at the flag and his fifth top ten result of the season. Racing on home soil in the Spanish Grand Prix for the nineteenth time in his Formula 1 career, Fernando executed an excellent race from the back of pack, displaying patience and skill on his way to collect two points.Esteban Ocon, started P12, finished P7:"I'm very happy for the team today with a good double result. It's probably the best result we could have hoped for after yesterday and the team should be very proud for what we achieved today. It was a great first stint with some good overtakes and, overall, I don't think there is anything we could have done better. It was awesome to see Fernando in the points as well after starting from the back, and to do it here in Barcelona is even better. After a difficult Saturday we proved that the pace is there, and the car is working well so this result definitely feels good. I'll sleep well tonight!"Fernando Alonso, started P20, finished P9:"It's great to finish in the points today especially after our bad qualifying yesterday, so I'm very happy with that. The atmosphere was special today and even though we were starting last I feel like we managed to put a show on for the fans. It feels a bit like a victory! Hopefully we can start scoring consecutively in the points from here. I think we still need to improve on Sundays, but we did a good job today and managed it well. In reflection on Miami and Thursday, maybe I see it in a different way now. The Stewards did their job in Miami and perhaps we see things differently from inside the car in the heat of the moment. I am fully supportive of the FIA's ideas and we want to work with them to improve the show for the fans."Laurent Rossi, CEO Alpine: "While the weekend didn't look promising before the race, we managed to recover with both cars finishing inside the points. To go from twentieth, and last, on the grid with Fernando and twelfth with Esteban to eight points in the bag at the end is certainly satisfying and well deserved. We've managed to salvage points after a tough Qualifying, which is important in a close championship fight like we're in. That said, we need to continue the hard work, in particularly ensuring more performance consistency throughout the whole weekend to better our starting grid positions. We've demonstrated today, on a demanding track in tough conditions, that we have what it takes to perform well on Sundays. We now need to ensure we put ourselves in a position where we're battling for the higher points-scoring places on a more regular basis. In the circumstances, a good job by everyone in the team today and we now look ahead to Monaco next week where we know Saturday performance there often defines the outcome for Sunday's race."

BWT Alpine F1 Team previews the sixth race weekend of the 2022 FIA Formula 1 World Championship, the Spanish Grand Prix. Otmar Szafnauer: "Firstly, the aim is for us to have both cars inside the points, which we're yet to achieve since the first race of the season. If we're going to achieve our goals for the year, then this is the minimum requirement the remaining Grands Prix. We've demonstrated consistently we have a competitive car and it's important now that we convert that promising pace into points on Sundays. We're certainly aiming to bounce back from Miami by having a much better, and cleaner, race weekend. We can only control what is in front of us, so that's the target in Barcelona and both drivers are ready to deliver." Esteban Ocon:  "Barcelona is one of those circuits all teams, and all drivers, know very well. We have raced and tested there for a while now, but of course it does bring its own challenges just like any track. The first two sectors are fast and can be tricky, with tyre management being very important. The final sector is slow speed and you normally feel a loss of grip towards the end of the lap as the tyres overheat. In general, it's quite difficult to overtake in Barcelona, although the long downhill straight can give power and DRS advantage, so that is a key part of the circuit. It makes Qualifying and race strategy particularly important to gain track position. Last year, I qualified fifth on the grid so it is a track I enjoy, and we know we can be competitive there." Read next: Claim Exclusive POAP NFT Rewards During Alpine Esports Series Championship 2022 Powered by Binance| FXMAG.COM Fernando Alonso:  "I have raced many years in Barcelona, so I know the track and place well. It's a track that really shows where your car stands amongst the rest of the field and it's been home to winter testing for a number of years. The track is not easy to overtake on and so you have to qualify well. Unless there is a Safety Car or something unusual in the race then it's difficult to gain ground. We've been qualifying quite well this year so hopefully we can continue the form from previous Saturdays into Barcelona and have a trouble-free race."2022 Spanish Grand Prix Factfile: The Circuit Circuit length of 4.675km. Race distance of 308.424km. First raced in 1991. Acted as the start and finish line for cycling events in the 1992 Summer Olympics. Rated as one of the most environmentally sustainable circuits in the world. The Circuit de Barcelona-Catalunya layout has been changed several times over the years, the most noticeable being the inclusion of a slow-speed chicane before the final corner in order to increase overtaking.  Driver and Team facts Renault-powered cars have delivered 10 pole positions, 12 wins, 524 points and eight fastest laps at the Spanish Grand Prix. Fernando Alonso scored an emotional win in 2006, driving for Renault F1 Team in front of an adoring home crowd. Fernando would repeat the feat in 2013. Esteban Ocon gained 12 places during the Miami Grand Prix, the most in his career so far. Esteban finished fifth at Barcelona in 2017, his best result of his rookie season in Formula 1. Alpine scored two points in last year's Spanish Grand Prix, courtesy of Esteban's battling performance to finish ninth, having qualified in fifth. Read next: Learn & Earn with Esteban Ocon from BWT Alpine F1® Team: $10,000 in ALPINE and 100 ALPINE NFTs Up for Grabs!| FXMAG.COM Alpine Academy and Affiliates Jack Doohan qualified third at Imola despite never having raced at the circuit before. Jack finished second in Barcelona during his 2021 FIA Formula 3 campaign. Olli Caldwell achieved the best result of his season so far with 13th in Imola. Olli won in Barcelona in 2021, claiming his first Formula 3 win. Caio Collet has three podiums in Barcelona, the most recent coming in the opening race of last season's Formula 3 championship. Victor Martins recorded a double points finish in Imola including second in the sprint race. Victor has no less than eight podium finishes in Barcelona across his junior career including six wins and two back-to-back race wins in the same weekend. Abbi Pulling is on 20 points after the opening round of the 2022 W Series. This is Abbi's best ever start to an open-wheel championship. Alice Powell's second place in Miami means that she carries on her streak of at least one podium in each of the three season's she's been in the W Series.

Global real estate advisory firm Savills has advised Balmoral Properties on the disposal of three office buildings of the Browar Lubicz complex in Krakow. The new owner of the property is French-based PAREF Gestion, which acquired it on behalf of SCPI Interpierre Europe Centrale. The property is located at Lubicz Street, directly opposite Krakow Main Railway Station and Galeria Krakowska Browar Lubicz is a mixed-use development that seamlessly blends the elements of the traditional architectural design of the former brewery and a modern building. The transaction comprised three office buildings of the complex with a combined area of 7,500 sq m. The property is located at Lubicz Street, directly opposite Krakow Main Railway Station and Galeria Krakowska, just 800 metres away from Krakow’s Main Market Square. Its tenants include one of the leading app-based mobility as service provider, CentralNic, a multinational holding company providing domain name registry services, web hosting and web traffic monetization, and YGGDrasil, a Swedish provider of gaming solutions. Read next: Altcoins: What Is Monero? Explaining XMR. Untraceable Cryptocurrency!? | FXMAG.COM “Thanks to its prime location, Browar Lubicz ties in with the strategy of investment funds targeting assets close to key transport hubs. It is unique in being a human scale development and one of very few modern office buildings located so close to the historic Main Market Square and the Tower of St. Mary’s Basilica. The transaction is a confirmation of the continued trust and confidence of cross-border capital in high quality properties in Poland,” says Tomasz Buras, CEO and Head of Investment, Savills. The parties agreed not to disclose the value of the transaction. Balmoral Properties was advised on the sale of the buildings by Savills (investment and leasing support services) and Jakubaszek & Wspólnicy (legal). The new owner of the property was advised by Dentons (legal) and BNP Paribas Real Estate (technical).

With the rebranding, Gate.io will also launch its newly redesigned mobile app and mini app with new features, as well as contests offering a total of US$9,000,000 in prizes May 18, 2022 – Gate.io, one of the world’s earliest cryptocurrency exchanges and a leader among digital asset platforms, announced today that the company will unveil a new brand identity, which will be reflected across its platforms during Gate.io’s upcoming 9th birthday celebrations, commencing on May 27th, 2022. In tandem with the complete design overhaul of Gate.io’s logo and branding, the company will launch the Gate.io Lite App and mini app for mobile phones. To celebrate its 9th birthday and rebranding, Gate.io will also roll out multiple contests for its users, with a total of US$9,000,000 in prizes to be awarded. Dr. Han, CEO and founder of Gate.io, shared: “The rapid growth of cryptocurrencies has accelerated the development of mainstream crypto exchanges in terms of products, services, brand values, and more. With our brand DNA of innovation and breakthroughs in mind, Gate.io was in need of a refresh and an invigorating change. We look forward to working with customers from all over the globe and building a sparkling new Gate.io brand identity.” A Brand New Look for Gate.io Gate.io will reveal a revamped brand identity for its logo, slogan, and color scheme, reflecting the culmination of nine years of digital asset innovation since the company was founded in 2013 and signaling that Gate.io has matured to offer a more inclusive, integrated, and unique experience with a wealth of digital asset services for its over 10 million users. The rebranding also marks the beginning of a new chapter for Gate.io in the rapidly evolving and growing crypto economy, which frequently sees the platform reach the second largest daily trading volume in the world. Read next: Altcoins: What Is Litecoin (LTC)? A Deeper Look Into The Litecoin Platform| FXMAG.COM Easier Than Ever to Trade on Gate.io’s Apps Alongside its new brand identity, Gate.io will launch a notable update to its mobile app that will allow users to opt for a “Lite App” version within its flagship app, offering streamlined and simplified in-app transactions for crypto trading of more than 1,400 coins, tokens, and other digital assets. The Lite App’s cleaner, more user-friendly interface makes it even easier for new and existing users to invest and trade quickly and efficiently as they can access a suite of features for different crypto assets on the go. Celebrate with Gate.io To kick off Gate.io’s 9th birthday festivities, users can take part in a series of exciting contests and promotions, with a total of US$9,000,000 in prizes to be awarded. To start, the Gold Bar campaign on Twitter, gives participating Gate.io users the chance to win a prize pool worth US$50,000 in tokens, and one lucky winner will win a 999 gram 999.9 gold bar. Gate.io will also be hosting NFT and trading contests for its users as part of the celebrations. About Gate.io Established in 2013, Gate.io is one of the world’s earliest cryptocurrency exchanges and a leader among digital asset platforms. Gate.io offers services related to the trading of multiple leading digital assets, and it has grown to serve over 10 million users around the world. It has been consistently ranked as one of the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko, and has been verified by the Blockchain Transparency Institute (BTI). Gate.io has also received a rating of 4.5 by Forbes Advisor, making it one of the Best Crypto Exchanges for 2021. Besides the main exchange, Gate.io also offers other services such as decentralized finance, research and analytics, venture capital investing, wallet services, labs and more. Read next: Altcoins: What Is Monero? Explaining XMR. Untraceable Cryptocurrency!? | FXMAG.COM Disclaimer: Please note that Gate.io may not provide its full scale of services in certain markets and jurisdictions, and Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For details of restricted locations, please read the Terms of Service “Section II Eligibility” .

InPost, the leader of the modern logistics services market in Poland, is moving its headquarters to Ocean Office Park complex in Cracow. The company has leased 8,300 sq m. of space in building B, implemented in this investment. Walter Herz company supported the company in the process of searching for a location and negotiating lease terms. Amsterdam Stock Exchange, decided to relocate the office to the Cavatina investment located at Pana Tadeusza Street in the Zablocie district of Cracow The international company listed on EURONEXT – Amsterdam Stock Exchange, decided to relocate the office to the Cavatina investment located at Pana Tadeusza Street in the Zablocie district of Cracow, with a view to create the best conditions for the development of the organization and to provide the team with comfortable working conditions in a modern environment. Read next: Altcoins: What Is Polkadot (DOT)? Cross-Chain Transfers Of Any Type Of Asset Or Data. A Deeper Look Into Polkadot Protocol | FXMAG.COM - Changing the headquarters is aimed at meeting our current expectations in terms of the quality of office space, as well as the needs related to the intense growth of the organization. We chose Ocean Office Park because it offers the highest standard of office space and common areas, which ensures comfort and safety at work. Attractive architectural and technical solutions that distinguish this project were the main aspects that determined the choice of location. Green areas and recreational zones arranged within the complex were also of great importance - says Marcin Pulchny, Vice President of the Management Board of InPost. - Environmental protection and ESG policy is of great importance to us. The company was listed first in the Electromobility-Friendly Companies 2022 ranking. It is important for us to achieve synergy, combining corporate governance and natural and social environment. All employees working in the complex will have access to parcel lockers, the most eco-friendly for of delivery for on-line shopping, located on the OOP premises. - adds Marcin Pulchny. It is a great satisfaction for us that InPost has once more benefited from the experience of our team specializing in servicing the office sector - informs BartÅ‚omiej Zagrodnik, Managing Partner/CEO at Walter Herz - We are very pleased that once again, we had the opportunity to support InPost in the search for space. This time, our task was to carry out the relocation process of the company's headquarters, including financial, legal and technical negotiations. We advised the company on various levels, both in terms of searching for offices and space for logistics activities, which is related to the expansion of the e-commerce delivery platform throughout Poland. InPost, as one of the largest logistics operators in Poland, is also one of the most active entities on the logistics space market. It is a great satisfaction for us that InPost has once more benefited from the experience of our team specializing in servicing the office sector - informs BartÅ‚omiej Zagrodnik, Managing Partner/CEO at Walter Herz. Read next: (TRX) TRON USD Decentralised Blockchain Platform That Focuses On Entertainment And Content Sharing. Altcoins: A Deep Look Into The TRON Network | FXMAG.COM InPost enjoys a leading position on the logistics market in Poland. The operator has created the first in the country network of parcel lockers, self-service points of sending and receiving parcels, open 24/7. The company has been present on the market for 22 years and has almost 17 thousand parcel lockers that form the largest business structure of this type on our market. Moreover, the application used to operate the lockers, has over 9 million users. - Searching for a new office for InPost, it was crucial to provide the company with optimal development opportunities within the selected building and to protect the client against an increase in construction costs. Comprehensive services related to the relocation also included securing the tenant's interests when it comes to Project Management, and above all Cost Management. The basis for choosing Ocean Office Park was a very good relation of the quality and technical standard of the offered space in relation to the financial conditions and the location of the facility in the vicinity of key transport hubs in the city - informs Mateusz Strzelecki, Head of Tenant Representation / Partner at Walter Herz. - Ocean Office Park is our third office project that we are implementing in Cracow. The confirmation of the success of this project, in which we commissioned the first office building, is among others, the main Prime Property Prize in the category of Investment of the Year in the Office Space Market, which it has recently won. So far, we have completed six office buildings on the Cracow market. In addition to building A in the Ocean Office Park investment, our portfolio of completed projects includes four office buildings in the Equal Business Park complex located at Wielicka Street and Tischnera Office project. We are happy that InPost is relocating its headquarters to our newest investment in Cracow. We plan to complete the construction of the second office building in the Zablocie district before the end of the year and we hope that the tenants will move into the offices at the beginning of next year – says Natalia JagliÅ„ska, Leasing Director, Cavatina Holding. Cavatina Capital Group is a leader on the Polish real estate market, it has a portfolio of mixed-use properties with a total of 0.5 million sq m. The company independently manages all key investment processes. About Walter Herz Walter Herz company is a leading Polish entity operating in the commercial real estate sector across the country. For ten years, the company has provided comprehensive and strategic investment consulting services for tenants, investors, and real estate owners across the country. Walter Herz experts assist investors, property owners, and tenants. They provide full service to companies from the private and public sectors. Walter Herz advisors support clients in finding and leasing space and provide consulting in implementing investment projects in the warehouse, office, retail, and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. To ensure the highest ethical level of services provided, the agency introduced the Code of Good Practice. 

Journey 1 & 2 Return to GWENT! CD PROJEKT RED today announced that both the first and second season of the Journey progression mode have returned to GWENT: The Witcher Card Game, featuring brand new rewards, on a permanent basis. This reintroduction coincides with Patch 10.5, also available now. Read next: Altcoins: What Is Polkadot (DOT)? Cross-Chain Transfers Of Any Type Of Asset Or Data. A Deeper Look Into Polkadot Protocol | FXMAG.COM   As with their original releases, both Season 1 'Geralt' and Season 2 'Ciri' will be available to players for free as well as via an optional Premium tier. All originally included vanities come part and parcel with both Journeys, but they will also be joined by brand-new unlockable rewards such as auras, cardbacks, trinkets, music, and trophies. Players who did not previously purchase or play these seasons will be able to unlock all items — old and new — by completing contracts. Those who previously purchased or played Journeys 1 & 2 can unlock new items by completing contracts, without needing to make any additional purchases, and will also be able to pick up right where they left off during their first playthrough.     When originally launched, the first and second season of Journey were available for a limited period of three months. With their reintroduction, both seasons will be available permanently, giving players an infinite amount of time to see all they have to offer. The character-specific stories will also be returning, available in their entirety from the start — so players who missed out on the stories of Geralt & Dandelion, as well as Ciri & Vesemir, will be able to discover each one for themselves this time around.   Read next: Stablecoins In Times Of Crypto Crash. What is Terra (UST)? A Deep Look Into Terra Altcoin. Terra - Leading Decentralised And Open-Source Public Blockchain Protocol | FXMAG.COM Alongside the return of the first two Journeys, Patch 10.5 was also introduced to GWENT, which features general balance changes and is available for free on all supported platforms. You can find out more details by reading the official patch notes.   GWENT: The Witcher Card Game is available for free on PC via GOG.COM and Steam, Apple M1 Macs running macOS, as well as on Android and iOS. For more information on GWENT, visit playgwent.com. Source: CD Projekt

Imagine travelling back in time. Video games are distributed via physical licenced carriers such as cartridges and discs, and are the mainstay of gamers' video game collections. They played a central role in the early personal computer systems that began to develop around this time. So did the awfully colourful shirts of that era and permed hair. Fortunately, the latter are no longer around. But let us look at what made cartridges so special. Tangible media meant flexibility, but also brought problems with physical design, backward compatibility, and copying. However, they could be exchanged or resold. You could actually own a purchased game and your access was not blocked by the subscription restrictions of an online platform. Remember the feeling of picking up a freshly purchased game? Not comparable to lines of text or icons on Steam or a console. Stay tuned, because in this article we will give you a brief overview of a distribution model for games that combines the advantages of the good old cartridge days with modern digital resources. We will show you the possibilities of using blockchain cartridges to revolutionise computer software licencing in the 21st century. Issues with Current Gaming Distribution Models Due to the many issues associated with physical distribution, they were eventually supplanted by newer media accessible on consoles and PCs. Nowadays we are confronted with the digital form of distribution offered by large download portals. After capturing a big portion of the market, these platforms enforced their terms, severely limiting the possibilities for both developers and users. You can own a game with a licence associated with your individual user account. It may be convenient to own a game with a few clicks, but you as a player no longer own the copies you buy. They are stored on a central server, and you can lose access to your account at any time. Centralization is inevitable. What exactly are HashUp License Carriers? Or is it? A good example is the latest trend towards licences based on a subscription model. At first glance, it seems like a reasonable system, as you can pay for time-limited access to a library of games of all kinds. However, since there is no way to own and trade your copies of games, subscription platforms monopolise the market and push developers towards high quantity rather than quality. But there is another way. Ask yourself how both users and developers can take control so that players can truly own and trade your games in a convenient digital way, while developers can benefit and focus on content quality? Read next: Gari Networks Future Looks Bright As The Market Waits For $GARI To Launch. | FXMAG.COM The latest model is licencing the code through Hashup platform. What does that mean exactly? Cartridges are being brought back to life through the digital world of blockchain and cryptocurrency. Essentially, blockchain comes to the rescue by transferring the physical properties of carriers into the digital world, similar to blockchain technology. Why not NFT? Another pressing question arises. If we are considering blockchain as a technology for game distribution, why not NFT? The answer is simple. These cartridges carry ERC20 licenses, which are the industry standard for a homogeneous token that can be used in crypto wallets. NFTs are non-homogeneous tokens that represent different items such as paintings or real estate, while cryptocurrencies are homogenized tokens of the "ERC20" type. Since game copies are of uniform nature, ERC20 tokens seem to be a preferred standard for game licensing. How would you transact millions of game editions via NFT without going crazy? HashUp Takes after Cryptocurrency Platforms HashUp is trying to build the world's first decentralized software marketplace. The core idea is to provide liquidity to games in the same way tokens do. As for the cartridge functionality on the blockchain, thanks to DeFi, any ERC20 token can be exchanged for another at the market price as long as the two tokens have the same liquidity. Moreover, since ERC20 is the default token interface on the blockchain and the basis of HashUp license holders, our gaming licence may be stored in any cryptocurrency wallet. That sounds convenient, does not it? The HashUp was developed with cryptocurrency platforms and development in mind. This is what happens when you mix game distribution and cryptocurrencies. You get an alternative system that can be used for computer games and software. Our goal is to decentralize software distribution. To achieve this, each game has its own ERC20 token that reflects its real value. The value of the token # is related to the amount of software published on the platform. Essentially, all the revenue generated by the distribution network is aggregated into a # token and distributed to the community. What are GameCap.io and GameXplorer.io? Another important concept you should be aware of is GameCap.io, a cryptocurrency term that has been implemented into the digital cartridge market. GameCap.io could be considered a bridge between CoinMarketCap and a decentralised exchange (DEX) that assigns a rating to games based on various factors such as volume. Read next: (DOGE) Dogecoin and Musk - How Elon Musk Has Single Handedly Created Price Changes In This Memecoin| FXMAG.COM The platform is integrated with GameXplorer, the world's first blockchain explorer for gamers that specialises in HashUp-compatible cartridges and projects. Interestingly, public addresses are used to create gamer accounts. When you combine game distribution and the power of blockchain and cryptocurrencies, new doors open for gaming platforms. Blockchain-based distribution not only restores the benefits of reliable physical distribution of games, but also creates entirely new opportunities. For example, a game can be held in TrustWallet as a cryptocurrency by carrying a licence, where one token unit corresponds to one licence unit. The Future of Game Distribution with HashUp Tech It is a natural step in the development of software and its distribution to use blockchain technology to accelerate commerce and create new market opportunities for both players and game developers. The future of game distribution with HashUp technology is fair, efficient and transparent. The old world of cartridges collides with the digital age, eliminating the need for intermediaries, physical carriers and a variety of payment methods. Users and game publishers regain control over game distribution. Dare to Publish Your Games at Hashup! HashUp offers plugins that allow you to trade between any games or tokens on a developer's website. It is a mixture of a collection and a subscription model. Did you know that we are looking to build the world's first decentralized software marketplace capable of providing liquidity to games in the same way tokens do? Take control of Your game's distribution and do not hesitate to publish it on our platform - even older, already released titles are welcome here. We are here to help you distribute your game in a fair and convenient way!

Links To Copy Read next: Altcoins: What Is Polkadot (DOT)? Cross-Chain Transfers Of Any Type Of Asset Or Data. A Deeper Look Into Polkadot Protocol | FXMAG.COM Read next: (TRX) TRON USD Decentralised Blockchain Platform That Focuses On Entertainment And Content Sharing. Altcoins: A Deep Look Into The TRON Network | FXMAG.COM Read next: Altcoins: What Is Monero? Explaining XMR. Untraceable Cryptocurrency!? | FXMAG.COM Read next: Altcoins: What Is Litecoin (LTC)? A Deeper Look Into The Litecoin Platform| FXMAG.COM Read next: Altcoins: Cardano (ADA) What Is It? - A Deeper Look Into Cardano (ADA) | FXMAG.COM Read next: Altcoins: Ripple Crypto - What Is Ripple (XRP)? Price Of XRP | FXMAG.COM Read next: Stablecoins In Times Of Crypto Crash. What is Terra (UST)? A Deep Look Into Terra Altcoin. Terra - Leading Decentralised And Open-Source Public Blockchain Protocol | FXMAG.COM Read next: Altcoins: Tether (USDT), What Is It? - A Deeper Look Into The Tether Blockchain| FXMAG.COM Read next: Markets Look Like Battlefields After The US Inflation Print. S&P 500, Dow Jones And Nasdaq All Plunged. Forex: Will BoJ Intervene?| FXMAG.COM15.12.2022 Read next: Given the peculiarities of the US labor market and the high labor mobility, the acceptable unemployment rate is considered to be 5.0%| FXMAG.COM Read next: From the fundamental point of view, these facts may become a game changer, sending the EUR/USD pair to the parity level | FXMAG.COM Bottom of the article (center) Follow FXMAG.COM on Google News Apple  Spotify PodBean Sticher

The Alpine Esports Series Championship 2022 Powered by Binance will be covered by three live streams starting from 2022-04-28. There will be a combined prize pool of $100,000 worth of ALPINE Fan Tokens and NFTs to be shared. 30 drivers from across 10 countries shall fight it out in the Assetto Corsa Competizione game to claim their share of a $90,000 ALPINE token prize pool from Binance as well as other prizes from Alpine Esports partners. Live stream viewers will be entitled to claim exclusive POAP NFTs and share $10,000 in ALPINE Fan Tokens.   Live Stream Schedule Round 1: Races 1 & 2 on 2022-04-28 at 18:30 (UTC)Watch on Binance Live Round 2: Races 3 & 4 on 2022-05-12 at 18:30 (UTC)Watch on Binance Live Round 3: Races 5 & 6 on 2022-06-23 at 18:30 (UTC)Watch on Binance Live New User Exclusive: Watch Live Streams to Share $6,000 in ALPINE All Binance new users who register for a Binance account via this link starting from 2022-04-28 at 18:30 (UTC), watch the live streams and confirm their participation here will be eligible to share a $6,000 prize pool in ALPINE Fan Tokens on a first-come-first-served basis. Scan POAP QR Code & Claim “Binance Alpine GT4” POAP NFTs Binance Fan Token will be giving away exclusive Proof of Attendance Protocol (POAP) NFTs to reward all viewers attending the live streams of the Alpine Esports Series Championship 2022 on a first-come-first-served basis. Look out for the QR code on-screen during each live stream, scan it, and claim a Binance Alpine GT4 POAP NFT in the Binance app. Users can then view the successfully claimed NFTs in Binance NFT Marketplace > User Center > NFT Assets > Collections. Make sure to tune in early to redeem them as there will be a limited quantity of Binance Alpine GT4 POAP NFTs released. Each Binance Alpine GT4 POAP NFT represents a part of the Binance Alpine GT4 car. Viewers who collect all five POAP NFTs will get a chance to win a limited edition Binance Alpine GT4 NFT Mystery Box on a first-come-first-served basis. This Mystery Box collection has four unique car designs, and each of a different rarity. The rarity of each NFT will be determined by the popularity of each NFT design in the Alpine Fan Voting poll. It could be one of the following: Super Super Rare Super Rare Rare Normal For viewers who are not able to collect all five Binance Alpine GT4 POAP NFTs, they may collect Binance Alpine GT4 NFTs on the Binance NFT Marketplace secondary market. These Binance Alpine GT4 car designs will also be available in the Assetto Corsa Competizione game. Additional Benefits Holders of all five Binance Alpine GT4 POAP NFTs who do not win the Mystery Box will share an ALPINE prize pool worth $4,000. Exact mechanics will be revealed later on the Binance Fan Token Twitter page. Holders of all five Binance Alpine GT4 POAP NFTs will be able to join future ALPINE activities, including purchasing new ALPINE NFT collections, participating in ALPINE NFT PowerStation activities, as well as having access to future metaverse partners. Holders of Super Super Rare Binance Alpine GT4 NFTs will receive limited edition merchandise and tickets to virtual meet & greet, with details being revealed later on Binance Fan Token Twitter page. Terms & Conditions Only users who complete KYC by the end of the activity period will be eligible for any rewards. There will be one QR code for ALPINE Fan Token rewards for new Binance users only, and one QR code for the Binance Alpine GT4 POAP NFTs for all users. Users who collect all five Binance Alpine GT4 POAP NFTs stand a chance to receive a maximum of one Binance Alpine GT4 NFT Mystery Box. Binance Alpine GT4 POAP NFTs and Binance Alpine GT4 NFT Mystery Boxes can be viewed on the activity page accessible only through the live stream, and will be available in respective winners’ accounts via Binance NFT Marketplace > User Center > NFT Assets > Collections. ALPINE Fan Token rewards will be allocated to winners’ Binance Wallets within 14 business days after the activity period ends. Users can view their rewards by selecting Wallet > Distribution. Binance reserves the right to disqualify any participants immediately for any improper behaviors. Binance reserves the right to cancel or amend the Activity or Activity Rules at our sole discretion. Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail. Risk Warning: Binance Fan Tokens may fluctuate in value and you should conduct your own due diligence of the suitability of tokens and the risks involved before you enter into any transaction. To access and use the Binance Fan Token Platform you must go through our mandatory KYC and Identity Verification process and agree to the Binance Fan Tokens Terms and Conditions and the general Binance Terms of Use. Binance has the right to modify and terminate tokens, utility features, and the entire Binance Fan Token Platform with all its related content without notice or liability to users. It is your responsibility to determine whether you are permitted to use the services of the Binance Fan Token Platform based on the legal requirements in your country of residence. Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

We are excited to introduce the latest addition to Binance Learn & Earn with ALPINE, the official Binance Fan Token of BWT Alpine F1® Team. Learn with Esteban Ocon from BWT Alpine F1® Team for a chance to share a total of $10,000 in ALPINE Fan Tokens and 100 ALPINE NFTs!   Activity Period: 2022-04-28 10:00 (UTC) to 2022-05-30 23:59 (UTC)   How to Enter: Complete Identity Verification (KYC). Follow @BinanceFanToken and @AlpineF1Team on Twitter, and retweet this tweet with the #AlpineLearnAndEarn hashtag. Learn about ALPINE from Binance Learn & Earn, Binance Fan Token, as well as additional videos, which will be released on Binance Fan Token’s Twitter during the activity period. Complete and pass the quiz. How to Win: New users who sign up for a Binance account during this period, will be ranked by their scores in the quiz. The top 10,000 new users will each be rewarded with one ALPINE Fan Token. For existing Binance users, the top 100 users ranked by their scores in the quiz, will qualify to each receive one ALPINE NFT. Please Note: In the scenario where multiple users have the same score on the quiz, and they are eligible to each receive a reward, rewards will be distributed on a first-come, first served basis. Learn and Earn ALPINE Now! Terms & Conditions Only users who complete KYC by the end of the promotion period will be eligible for any rewards. ALPINE rewards will be allocated to winners’ Binance Wallets within 14 business days after the promotion ends. Users can view their rewards by selecting Wallet > Distribution. The ALPINE NFTs will be airdropped to the winners’ Binance wallets within 14 days after the promotion ends. Winners can find their NFT rewards via Binance NFT Marketplace > User Center > NFT Assets > Collections. Binance reserves the right to disqualify any participants immediately for any improper behaviors. Binance reserves the right to cancel or amend the Promotion or Promotion Rules at our sole discretion. Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail. Risk Warning: Binance Fan Tokens may fluctuate in value and you should conduct your own due diligence of the suitability of tokens and the risks involved before you enter into any transaction. To access and use the Binance Fan Token Platform you must go through our mandatory KYC and Identity Verification process and agree to the Binance Fan Tokens Terms and Conditions and the general Binance Terms of Use. Binance has the right to modify and terminate tokens, utility features, and the entire Binance Fan Token Platform with all its related content without notice or liability to users. It is your responsibility to determine whether you are permitted to use the services of the Binance Fan Token Platform based on the legal requirements in your country of residence. Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

Games are an excellent way to escape from the daily routine and enter the new world. Gaming has many faces, it could be your biggest passion, Sunday fun, or earning method. The latter mentioned is a relatively fresh concept for the world of digital entertainment. It is worth taking a closer look at it to understand what makes us unable to tear ourselves from the computer or smartphone’s screen for hours. Would you like to know what elements should have the quality Play-to-Earn (P2E) title? We invite you to the text! Refined business model P2E is from the financial perspective a moneymaking tool. It's driven by a game token and provides users with diverse and effective ways to collect funds, some of which will be used to develop the game. It provides an effective model, from which the income will be divided between investors – gamers, the project’s team, and the product – itself. It is a recipe for motivation to keep playing and product development. The possibility of making a steady income that could be your second salary sounds very attractive, especially when we're talking about passive income.  Read next: Play To Earn Games: Revolution On The Games Market – Let's Talk About P2E. What Is Play To Earn? RoboHero (ROBO)| FXMAG.COM As we mentioned before, the fuel that powers the game is token, which value depends on many factors. These include development plans (roadmap), burning part of the supply to increase the price, utility token scope (e.g., internal metaverse economics), etc. It is crucial to reach different clients groups – long-run investors, people who just like to click around and make a few dollars after work, and people who will make it a regular income. Nowadays, we have considerable possibilities, a dozen years ago we wouldn't even consider farming gold in World of Warcraft.  Diverse ways to get funds P2E games offer a wide range of possibilities to claim tokens. It depends on the characteristics of the game. However, the most common theme is a fight in which the winner receives funds from the pot. They are coming from the game’s treasury when the battle is in PvE mode or the players are allocating tokens for the common pool for the winner in PvP. There are also mechanics that we already know from MMO games, such as selling acquired items on the marketplace and trading characters, etc. However, these are ways of active income, which require completing certain tasks to collect a reward.  The real potential of Play-to-Earn is hidden in passive income. At this point, we can use the example of the RoboHero mobile game. In addition to the extensive opportunities to generate active income, we have vast opportunities to earn passively. You can rent your character to another player, lend an advertising billboard in the game and get a lease payment or become the NFT landowner, where the robot fights and get a commission from each battle. This gives many possibilities, from which you can create a superb plan for profit.  Read next: (ADA) Cardano Coin Has The Potential To Compete With Larger Coins - Watch Out Ethereum (ETH)| FXMAG.COM In the world of blockchain entertainment, some issues are appearing, foremost – the game’s entry barrier. Usually, you need to pay a minimum of several hundred dollars for a character that you will perform tasks. Here, it is worth mentioning again the example of RoboHero, which came out to meet the community and offered a Watch-to-Earn application. It allows you to raise funds for your first robot by watching ads. This is an excellent practice that can become an inspiration for other game developers.  Engaging gameplay We don't forget how crucial is the user experience itself. The high-quality P2E game features the proper balance between earning and playability. If there will appear a deficit of one factor, it can't be made up with more of the other. Playability is a set of rules and game mechanics that contribute to the enjoyment of the game. The real essence of game success is the level of positive emotions you draw from a title. It consists of elements like among others metaverse design, graphics, idea, and plot. Authors need to find a golden proportion in composing these elements. Sometimes less is better. Do you remember Heroes III? An outstandingly playable game that was a tremendous success. Although the graphics and story were in second place, it was the gameplay mechanics that made this title extremely popular until now.  Different recipes for the game As a curiosity, we can introduce to you a distinguished mechanics we can meet in Play-to-Earn titles. We have to admit that authors’ creativity is limitless. Take a look at the gaming models' examples: CryptoCars - earning tokens by driving the car through the road, avoiding obstacles. Pegaxy - taking part in horse races, in which the best contestants are rewarded with tokens CryptoBomb - Escaping from the bomb field on 2D boards. If you survive, you win. Farmers World – you buy in-game NFT land, where you grow certain resources, harvest, and sell them The very friendly gameplay and refined economics of such titles make earning straightforward and fun. In that industry, everyone can find a title that fits them. Different recipes for the game. Summarizing Creating a good Play-to-Earn title is an art. It’s a huge challenge from the technical, financial, organizational, and marketing points of view. This is a young branch of the market, so we are now seeing its wonderful innovative beginnings. It’s worth being interested in this industry and bringing as much enjoyment and funds out of it as possible. Sometimes it's better to change the approach and give a chance to modern earning methods. Being landlord and billboard in-game tenant sounds fantastic. It’s simple – you get tokens and exchange them for fiat money.  After all, who in their youth didn't dream of making money from playing?

The Committee on Supervision and Regulation of Banks and Payment Systems of the National Bank of Ukraine confirmed the implementation of all economic standards by IBOX BANK, which allow the financial institution to become a second-tier bank. This information was published after the approval of the new edition of the charter of IBOX BANK by the National Bank. The charter was updated in connection with the increase of the authorized capital to the amount of UAH 741 million. Over the past few years, IBOX BANK's assets have grown almost fourfold "Despite the war, the bank capitalizes all income and becomes a second-tier bank. By making such investments we contribute to the stability of Ukraine's economy in the conditions of a military state. By choosing a proper sequence of implementation of our strategy and scaling we are able to show significant growth in all major indicators. Over the past few years, IBOX BANK's assets have grown almost fourfold, which contributed to the growth and transformation into a medium-sized bank," said Alona Shevtsova, shareholder and Chairman of the Supervisory Board of IBOX BANK. Read next: Zuckerberg Didn't Shock Market! Meta Platforms Inc. (FB) Q1 Earnings Announcement Expected Whilst GlaxoSmithKline (GSK) Delivers Favorable Figures | FXMAG.COM Such an increase in the authorized capital of IBOX BANK confirms the unwavering faith of shareholders in the economy of Ukraine On February 28, 2022, the shareholders of IBOX BANK invested more than 500 million UAH in order to support the development of the bank. Such an increase in the authorized capital of IBOX BANK confirms the unwavering faith of shareholders in the economy of Ukraine, and the stability of the banking system, which will become the backbone of the country's renewal after Ukraine's victory over the army of the invader. The shareholders of IBOX BANK believe in Ukraine and in our victory over the enemy," said Petr Melnyk, Chairman of the Board of IBOX BANK "Despite the open military aggression against Ukraine, as well as a wide range of military actions, IBOX BANK conducts full-fledged activities in extremely difficult conditions. The shareholders of IBOX BANK believe in Ukraine and in our victory over the enemy," said Petr Melnyk, Chairman of the Board of IBOX BANK. Read next: Meme coins: (SHIB) What Is Shiba Inu Token? Shiba Inu Coin Price. What Makes This Altcoin So Special? Clever Methods Used To Give High Crypto Returns | FXMAG.COM IBOX BANK has been operating in the Ukrainian financial market since 1993. Already by the end of 2021, the National Bank of Ukraine named IBOX BANK one of the most profitable banks in Ukraine. Over the past year, the loan and investment portfolio showed an increase of 67%, while the balance sheet capital increased by 136%. As a result, all financial indicators increased by 378% at the end of last year (compared to 2020). We would like to remind the audience that last year IBOX BANK continued to expand its branch network, and offered new card products, including solutions developed with Moneyveo. Apple Pay, Google Pay, and Garmin Pay contactless payments have been launched together with Visa. In December 2021, IBOX BANK launched a mobile application for smartphones on Android and iOS.

Gate.io, one of the oldest cryptocurrency exchanges in the world, has become the second largest crypto exchange by trading volume according to data from CoinGecko, securing its spot as one of the leading exchanges worldwide GateChain, its native blockchain ecosystem and Gate Ventures, its venture capital investment division Founded in 2013, Gate.io has become one of the world’s leading cryptocurrency exchanges with a wide range of products including Startup, which allows users to invest in projects early on; NFT Magic Box, which allows the creation and trading of NFTs; GateChain, its native blockchain ecosystem and Gate Ventures, its venture capital investment division. Related article: Japanese Yen (JPY) Weakens Against The Dollar, USD/CAD Stable And The Inevitable Strengthening Of The USD, IMF/World Bank Events Platform surpassing 10 million users in early 2022 Gate.io’s wide range of products and services have led to a rise in the platform’s popularity, with the platform surpassing 10 million users in early 2022, pushing it to become the second largest crypto exchange in the world based on daily trading volume according to data from CoinGecko. The company offers over 1,400 tradable cryptocurrencies on its spot market “This is another remarkable milestone for us at Gate.io as we approach our 9th birthday. Our unwavering commitment to providing our users with a safe and secure platform with a comprehensive suite of products and services remains the key to our exponential growth over the last couple of years, and we have no plans on slowing down,” said Marie Tatibouet, Chief Marketing Officer at Gate.io Related article: Monetary Policy Drives EUR/USD, The Future of the EUR/GBP Awaits the Bank Of England's Speech - Good Morning Forex| FXMAG.COM The company offers over 1,400 tradable cryptocurrencies on its spot market, which has seen daily trading volume surpass $3 billion, securing its spot as the second largest exchange in the world. Gate.io has over 10 million users worldwide and prides itself on having the widest variety of tradable assets of any leading exchange. About Gate.io Established in 2013,  Gate.io is one of the oldest, leading cryptocurrency exchanges. Gate.io offers most of the leading digital assets and has over 10 million registered users across the world. It is consistently ranked as one of the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko, and has been verified by the Blockchain Transparency Institute (BTI). Additionally, Gate.io has been given a rating of 4.5 by Forbes Advisor, making it one of the Best Crypto Exchanges for 2021. Besides the main exchange, Gate.io also offers other services such as decentralized finance, research and analytics, venture capital investments, wallet services and more. Disclaimer: Gate.io may not provide its full scale of services in certain markets and jurisdictions, and may restrict or prohibit the use of all or a portion of the services in compliance with local regulations. For the latest list of all the restricted locations, please read the User Agreement, “Section II Eligibility” via https://www.gate.io/docs/agreement.pdf.

Gaming entertainment was always an industry with great development potential. Technological progress allowed us to create more and more complex titles that surprised us with the quality of graphics, mechanics, or ideas. The last twenty years have been a time of constant updates on gaming issues like reality level, the world presented to scale, or playability, but our minds get used to it. It’s much harder to impress us, so maybe there’s a time for a different approach? In this article, we will introduce to you, the Play-to-Earn games – a special kind of money-earning tool. Nowadays, the title has more purposes – to give you joy and also let you earn. What does it look like in practice? Let’s talk about it! How have we made money from gaming so far? The idea of exchanging your time in front of the screen for cash appeared a long time ago. It required a lot of creativity. There weren't any direct solutions from the games side, that would allow the money to appear on your account. The range of options was divided into those that could be used by anyone, and those that would require different conditions to be met. To the first mentioned we can classify farming and selling gold in MMO RPG, unique items, whole accounts, and renting servers. To the second group, we can put being a pro e-sport gamer or streamer of your gameplay who receives donations. The common denominator of both sections is showing your initiative as a player to make money. There hasn't been a tool before that comes to you and says, “hey, act in a specific way, and you'll pay out money”.  Article on Crypto: Hot Topic - NEAR Protocol! Terra (LUNA) has been seeing a consistent downward price trend, DAI Should Stay Close To $1 P2E has introduced itself to the market and gained many enthusiasts P2E games are working similarly to others in the crypto industry. The engine of the initiative is the idea and token which is issued to the market. With the proper marketing background, the community is gathered. They are observatories of the development process, and sometimes take a part in the decision-making by voting. A token has a certain value, which is also a reflection of the interest in the game from both the speculation and utility side of the token. An interested person can, for example, buy a number of tokens, spend some on in-game utility, and some on staking or farming. However, the earning potential doesn’t stop here. You can treat it as an investment instrument, but the main functionality is dedicated to inside-metaverse solutions. Your funds are your currency for which you buy characters, items, boxes, etc. Usually, it is also a reward in battle. Fighting with enemies is the most common way to earn income by actively doing certain activities in P2E.  How does it look in practice?  Let’s use the example of the RoboHero mobile game. The title has its ROBO token exchangeable to UST. Moreover, you can allocate it on staking or farming with high APY and after the game release, you can buy a robot, upgrades, land, or billboards. The last two mentioned require a word of explanation. You can earn passively, sharing your NFT lands as fighting arenas for PvP. Billboards work the same as in real life – you rent them for advertising, and you get paid. Passive income solutions in Play-to-Earn are wonderful. You can get tokens for being a landlord and at the same time win tokens in battles. Why become a tenant in real life when you can do so in the metaverse? RoboHero deserves praise for a certain solution, which is a very nice step for the community. P2E games often had high barriers to entry. Starting an adventure required a minimum of several hundred dollars out of your pocket. Examples of such games are CryptoKitties or Axie Infinity. Not everyone can spend so much money right away, especially when they don't know if they will like the game and will continue to use it until the investment pays off. Thankfully, there is another approach – a Watch-to-Earn app has been launched for RoboHero, so for watching ads you'll claim the funds for your first playable robot. Sounds good to us.  Read next: (UKOIL) Brent Crude Oil Spikes to Highest Price For April, (NGAS) Natural Gas Hitting Pre-2008 Prices, Cotton Planting Has Begun Summarizing Ten years ago, we were farming gold in World of Warcraft, today we are farming tokens dedicated for fiat money exchange. The market is moving in our favor as gamers have more and more opportunities to monetize their activities. The profession of a full-time gamer has so far been associated with e-sports players. We may need to redefine the term to describe someone who plays P2E titles 8 hours a day. In the Philippines, people are playing Axie Infinity and making good money from it. They treat it as a full-time job like being an Uber driver. Who knows, maybe other parts of the world will one day switch from casual work to mobile gaming.

In 2021 CD PROJEKT focused on improving Cyberpunk 2077 gameplay and on preparing the game’s next-gen console edition. The year was also marked by internal changes, as announced in the Group’s strategy update. With regard to its strategic vectors, CD PROJEKT announced a transformation of its studio, which involved, among others, changing the way development projects are managed. - We want to keep growing and operate more effectively – thus, we’ve set out to improve our development and communications processes, while also placing greater emphasis on our team. As part of the RED 2.0 transformation initiative, we’re gradually introducing our developers to the Agile work model. While much remains to be done, we can already see positive effects brought about by these changes – says Adam KiciÅ„ski, CEO of the CD PROJEKT Group. In the past year CD PROJEKT RED focused on improving Cyberpunk 2077, releasing a total of 8 updates for the game. - We believe in the long-term potential of our newest release; thus, one of our priorities for 2021 was to improve Cyberpunk 2077 gameplay. We are now satisfied with the game and encouraged by the gamers’ reception of its next-gen console edition, which launched this February. Altogether, we’ve now sold over 18 million copies of Cyberpunk 2077 – remarks Piotr Nielubowicz, Vice President and CFO of CD PROJEKT. In 2021 the CD PROJEKT Group obtained 888 million PLN in revenues, driven mainly by sales of Cyberpunk 2077. The Group’s consolidated net profit for the period was 209 million PLN. - Despite having paid out our highest-ever dividend, at over 500 million PLN, and continuing development work on games – both existing and upcoming – by the end of 2021 the balance of our financial reserves, that is cash, bank deposits and treasury bonds, had increased by nearly 280 million PLN. Over the past years we’ve established a solid financial backbone which secures our independence and enables further growth of our Group – adds Piotr Nielubowicz. In the past year CD PROJEKT intensified its M&A activities, as declared in its strategy update. The Group acquired two North American entities: Digital Scapes (later rebranded as CD PROJEKT RED Vancouver) and The Molasses Flood. The Canadian team was integrated with the organizational structure of CD PROJEKT RED and supports the studio’s development projects, while The Molasses Flood is working on a separate game based on one of CD PROJEKT’s franchises. – We welcome the Vancouver and Boston studios – both are experienced and ambitious teams, possessing extensive know-how. We plan to expand them both in the coming years. Each of these transactions enhances the core competences of our Group – summarizes Adam KiciÅ„ski. In March of the current year CD PROJEKT RED announced that it had entered into a long-term strategic partnership with Epic Games, as a result of which future releases will be based on Unreal Engine 5. The Studio also revealed that the next installment in The Witcher franchise was under development. Thus far, over 65 million copies of The Witcher games have been purchased by gamers, including over 40 million copies of The Witcher 3: Wild Hunt. The full consolidated financial statement of the CD PROJEKT Group, along with the Group’s Sustainable Development Report for 2021, can be found at https://www.cdprojekt.com/en/investors/result-center/ . Source: CD Projekt

Fundamental question: What is GAMINATE and what it is not? People hearing in different situations of GAMINATE for the first time might be divided into three main groups: those who want to test it right away, because they understand what it is and why they should use it – this group is of course “the easiest” for us, because all they need is to verify its effectiveness on themselves, and this is already not difficult at all  And two more difficult ones: those who ask for the short, “one sentence” explanation of what the product is and what it gives and those who immediately say: “… chemical, designer drug, not for me …” And to be honest, out of the last two, paradoxically, with the former group I had a much bigger problem   It is relatively easy to tell someone “doubting” about the whole idea of ​​a product, how does it work, ingredients, that it is generally completely different than what (s)he thinks, having “at your disposal” a few minutes or a dozen or so sentences. But it has always been extremely difficult for me to include the whole in one short sentence. Finally, I succeeded, and if I were to summarize the whole idea standing behind GAMINATE literally in 4 words, I would say that it is: ENERGIZING NOURISHER FOR THE BRAIN, which de facto describes the key functions of the product, and having another 3, I would add IMPROVING COGNITIVE SKILLS. NOURISHER, because the basic function of the product and the way it works is to nourish our brain.  It is not a kind of steroid or the designer drug (and this is often the first association), which will short-term increase the brain’s efficiency while excessively exploiting and even destroying it (something a’ la overclocking the processor) The vast majority of the ingredients of which GAMINATE is composed are the so-called precursors of the key for the proper functioning of our nervous system neurotransmitters such as serotonin, melatonin, dopamine, acetylcholine, GABA, adrenaline …   What are neurotransmitters? Neurotransmitters, on the other hand, are substances thanks to which any communication between neurons in our brain can occur, so any deficiencies or disturbances in their proper level immediately negatively affect the functioning of our nervous system, and thus very often the entire body. What from my point of view was crucial by the development of GAMINATE’s recipe, is that an inappropriate (understated or unbalanced) level of neurotransmitters doesn’t allow our brain to work with a capacity for which it was naturally created. Thus, due to deficiencies or disturbances in the functioning of neurotransmitters, we are not able to use our natural potential. We are not able to learn new things as efficiently and quickly, memorize, associate, or even react quickly to external stimuli as the nature predestined us to  Neurotransmitters and Gaminate As I mentioned, the ingredients present in GAMINATE are mainly precursors of these neurotransmitters, i.e., substances from which our body synthesizes itself the necessary neurotransmitters in appropriate amounts. Therefore, among others, there is no risk of any “overdose” of active substances. And where do the common deficiencies come from and why do we “need” to provide these precursors in the form of a supplement such as GAMINATE? Unfortunately, our modern lifestyle and a poorly varied diet, very poor in valuable nutrients, are responsible for that. We are able to provide all the ingredients necessary for our body for the optimal (at the best possible level J) functioning with the proper diet. However, the universal truth is that the vast majority of us do not provide it… And here is where products that will provide the body with the right, natural for it building materials, without affecting it excessive exploitation, can be helpful.  This is why I would call GAMINATE a kind of NOURISHER FOR THE BRAIN, which is to provide it with the ingredients necessary for its optimal operation J. Why ENERGIZING? The nutritional function, which from my point of view is the most important function of GAMINATE, reveals its beneficial effects only after some time – preferably several days or several weeks of use, although the impact on the ad hoc level of some neurotransmitters is relatively quick – noticeable shortly after consumption. And interestingly, relatively often (because the aforementioned deficiencies are practically common in the population), a clear effect of improving cognitive abilities is felt by many users almost immediately after consumption. Sometimes – which is conditioned by individual features – the effects that our users write about are simply spectacular J. But there is really no “magic” here, this is simply how “ordinary” supplement of some permanent lack can work.  While developing the GAMINATE recipe, from the very beginning, our goal was to create a product that would really, noticeably for users, increase their cognitive abilities and if we did not succeed, the product would not finally appear on the market (unlike many, many others … ;-)), because, in our opinion, it would not have a chance to survive in the long run. Therefore, our recipe includes as many as 12 main active ingredients (some in 2 forms) enriched with a vitamin complex and coconut water for better hydration. And all this in doses that ensure the real effect of these ingredients, and not “homeopathic” that only give the opportunity to construct a long and nice-looking list on the product label J (which is unfortunately an extremely common phenomenon in the supplement industry …). For users to be able to feel the positive effects of GAMINATE, they should be able to feel it almost immediately, because this is also the general expectation of users of majority of different types of products – we want the effects almost immediately, here and now, and we have set ourselves the goal of meeting these expectations. Therefore, we have planned to obtain a double or dual in term of time action of GAMINATE: long-term – related to the function of a nourisher for the brain “immediate”– practically immediately after consuming, associated with the feeling of a surge of positive energy and mental refreshment. And this second one, and in fact the first, in retrospect, I would just call ENERGIZING.   And I will also touch on a frequently raised issue here – yes, that caffeine in a relatively large part is responsible for the energizing effect, but it is not a dose that, even if consumed daily, would harm anyone (one serving of GAMINATE provides 200mg of it, which is half the daily dose considered to be completely safe) – it corresponds more or less to the dose present in 1-2 coffees, and we can drink a few of these a day. However, what is crucial from the point of view of the GAMINATE recipe and the effects of caffeine, is that due to the fact that it is combined with a matrix of other ingredients acting synergistically with it (e.g., l-theanine), its action is significantly modulated and extended over time. It is accompanied by the aforementioned ad hoc increase in the level of neurotransmitters, thanks to which the energizing effect has a fundamentally different nature than that commonly known for example from standard energy drinks. And to describe how different this effect is, I will use a quote from the opinions of our users, which phenomenally (I admit that I would not convey it that well J) reflects its essence.  And so many of them writes that after drinking GAMINATE “they feel as if they are well rested after sleeping well” – and there is this fundamental difference between this immediate action of GAMIANATE and standard energy drinks. Energizers give you a sense of short-term excitement being the result of only caffeine and sugar, which helps you stay awake, while GAMINATE GIVES YOU A FEELING LIKE YOU ARE ALREADY SLEEPED AND RESTED J. For me, this is the essence of this “immediate” action of GAMINATE. So, summing up once again all, literally in one sentence – GAMINATE is ENERGIZING NOURISHER FOR THE BRAIN that improves cognitive abilities, and it is absolutely not the designer drug, steroid, “chemistry” shortly twirling brain like a clock in the processor exploiting it excessively. Marcin LeÅ›niak  Gaminate R&D Director

31 March 2022 – Movie Games would like to invite all gamers for free pre-release playtests of MythBusters: The Game and Fire Commander. The tests start today and will last for approx. 2 weeks. Anyone can join on each game's Steam page. Both games are scheduled to release in Q2 2022. MythBusters: The Game - PlaytestsBe a MythBuster in front of and behind the camera! The game is a first-person sim that adapts the famous Discovery show. Run crazy experiments and manage the production of episodes.  Join playtests on SteamAfter playing, please fill out the short questionnaire that you will find in the latest Steam post. Join the playtests for MythBuster: The Game today!     Fire Commander - PlaytestsSee what it means to face the fire. Command a firefighting unit in an exciting tactical RTS. Save lives and care for your team in 30+ missions. Be a real hero!  Join playtests on SteamAfter playing, please fill out the short questionnaire that you will find in the latest Steam post. Join the playtests for Fire Commander and play today! For more information, or an interview with the creators, please contact michal.puczynski@moviegames.pl    Follow Movie Games Movie Games on Twitter Movie Games on Instagram Movie Games on LinkedIn  About Movie Games Movie Games is a Polish game developer and publisher, listed on NewConnect, the Warsaw Stock Exchange's alternative investment market. The company was founded by game enthusiasts with experience in the financial, gaming, and media sectors. It consists of new talents and industry veterans, including Maciej Miasik, the key developer behind The Witcher, and David Jaffe, the creator of God of War, Piotr Gnyp, a longtime video game jouranlist and the creator of Polygamia.pl, and Tobiasz Piatkowski, one of Poland's most acclaimed art directors and comic book writers.Movie Games' portfolio includes adventure games (the Lust series) and simulators (Drug Dealer Simulator, Gas Station Simulator, MythBusters: The Game, and Alaskan Truck Simulator).  In 2021, Movie Games together with the production and post-production house Platige Image established Image Games, an indie premium developer focused on producing AA role-playing games.

The record demand for warehouse space, reported last year, continues. There are no vacant warehouses, despite the fact that the largest amount of logistics space in the history of our market is currently under construction in our country - In the warehouse sector, we have been looking at high activity of developers for several years. The motivation for investors to act is the constantly growing absorption of the Polish market. Last year, tenants leased a record number of 7.4 million sq m. of warehouse spaces. The demand increased by over 40 per cent, compared to the previous year. The sector is growing at a pace we have never seen before. The annual market growth exceeded 15 per cent. As much as 4.7 million sq m. of warehouse space remains in the country. In the EU, only Germany is building more warehouses than in Poland - says BartÅ‚omiej Zagrodnik, Managing Partner / CEO at Walter Herz. - The lack of immediately available warehouses means the growing pressure to increase rents. Already at the end of 2021, we could see a slight increase in the initial rental rates, generated by the rising costs of building projects. Opportunities for an increase in profitability in the warehouse segment in Poland are also created by the need to start new logistics destinations in our region in connection with relocating business from the conflict zones. Investors leaving Russia may also generate demand here – explains BartÅ‚omiej Zagrodnik. - Our Land Development service is becoming more and more popular. Through it, we search for plots and comprehensively prepare land for warehouse and production investments for our clients. We obtain planning permissions, make arrangements, analyze the efficiency of plots, make design preparations for exits/entrances, etc., providing investors with a comprehensive service and the most optimal solutions - adds BartÅ‚omiej Zagrodnik. - Last year, several large lease transactions for over 100 thousand sq m. of space were recorded in the warehouse segment. The sector also turned out to be the star of the investment market, reporting a record result in this field as well. Warehouse properties accounted for more than half of the volume of investment transactions worth EUR 5.9 billion registered in Poland. Nearly EUR 3 billion was allocated to the warehouse sector, which means an increase of 8 per cent y / y - informs Piotr SzymoÅ„ski, Director Office Agency at Walter Herz. Despite the global turmoil, Poland maintains its position of a mature market that has to offer good-class real estate at relatively lower prices compared to Western Europe, ensuring attractive returns on investment compared to other countries. - Capitalization rates for warehouse properties in the regional markets in Poland reach 5.0-5.5 per cent, and in the Warsaw region around 4.0-4.3 per cent. The confirmation of the continuing good economic conditions may be, among others, more spectacular transactions recently concluded in the commercial sector, including the purchase of The Warsaw HUB complex in Warsaw, Sky Tower in Wroclaw, and a plot of land at Towarowa 22 in Warsaw, intended for a mixed-use property - says Piotr SzymoÅ„ski At the end of 2021, domestic warehouse resources amounted to 23.8 million sq m. of space. Last year, according to Walter Herz, developers delivered over 3 million sq m. of warehouses to the market. The situation in the sector is conducive to the construction of new properties, at least half of which are carried out on a speculative basis. More than half of the warehouse and industrial space that make up the warehouse resources in Poland has been built in the last five years. The largest warehouse market remains the Masovian province, where nearly a quarter of the domestic supply is concentrated, followed by the Silesian, Lodz, Lower Silesian and Greater Poland provinces. In the remaining provinces, the warehouse facilities do not exceed 1 million sq m. of space. Last year, the largest amount of space was added in the following provinces: Silesian (620 thousand sq m.), Masovian (425 thousand sq m) and Lubusz (415 thousand sq m). The largest number of warehouses is currently under construction in the Lodz, Lower Silesian and Silesian provinces. The largest amount of warehouse space remains under construction since 2015. In 2021, 2.2 million sq m. more space was leased by tenants than in the previous year. The largest number of contracted warehouses was in the following provinces: Masovian (1.3 million sq m.), Silesian (1.2 million sq m.), Greater Poland (1.1 million sq m.) and Lower Silesian (1 million sq m.). The extremely high demand for warehouses was balanced by the high volume of new supply and additionally contributed to the reduction of the vacancy rate to over 3 per cent nationwide. Asking rents in Big Box warehouse facilities are currently between EUR 2.75 and EUR 4.5 / sq m. / month. Rental rates in city last mile or SBU warehouses remain at EUR 4 / sq m. / month, and in some large cities they can even reach EUR 6 / sq m. / month. About Walter Herz Walter Herz company is a leading Polish entity which has been operating in the commercial real estate sector across the country. For ten years, the company has been providing comprehensive and strategic investment consulting services for tenants, investors and real estate owners across the country. Walter Herz experts assist investors, property owners and tenants. They provide full service, to companies from the private as well as public sectors. Walter Herz advisors support clients in finding and leasing space, and provide consulting in the implementation of investment projects in the warehouse, office, retail and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. In order to ensure the highest ethical level of services provided, the agency introduced the Code of Good Practice.

CD PROJEKT RED today announced that a new card drop for GWENT: The Witcher Card Game is now available across all supported platforms, alongside the latest update for the game.   Dubbed Forgotten Treasures, the card drop features 21 new cards — 16 golds and 5 bronzes of various types, including artifacts, special cards, and units. All new cards utilize and expand existing game mechanics currently in use in GWENT, with card imagery inspired by the Golden Nekker Project — the currently in-development, upcoming single player spin-off based around the core gameplay and mechanics of The Witcher Card Game. The card drop is available for free as part of the game's latest update, which also features regular gameplay balance changes.   Learn more about the Forgotten Treasures card drop and Update 10.4     Also starting today, the GWENT in-game store is hosting a special, limited-time offer. The Forgotten Treasures Pack contains all of the new cards from the Forgotten Treasures card drop in their premium animated versions, as well as the all-new Abandoned Laboratory game board. The pack will be available until May 10th, 10:00 AM CEST.   GWENT: The Witcher Card Game, along with update 10.4 and the Forgotten Treasures card drop, is available for free on PC via GOG.COM and Steam, Apple M1 Macs running macOS, as well as on Android and iOS. For more information on GWENT, visit playgwent.com. Source: CD Projekt

Gate.io, one of the leading cryptocurrency exchanges joins the Block World Tour as an official sponsor of the Blockchain Summit which is being held at the Lauredia Cultural and Congress Center, Andorra on the 1st and 2nd of April, 2022. The 2- day Block World Tour is a global multicultural event aimed at connecting top industry experts and promoting various sectors of the advancing technology industry, highlighting its new developments and innovations. Featuring top speakers in the blockchain industry, the summit hosts a series of educational activities, promoting the inclusivity of the people in the expanding Blockchain world and sectors including NFTs, Metaverse, DeFi, and Web 3.0. “"The future of baking will be a bank without money, it will be a bank with finance digital assets"- Edmon Pallerola, during the Distributed Finance Panel at the summit. Members of the Gate.io team including the Chief Marketing Officer, Marie Tatibouet, and the Head Of Business Development, Mariela Tanchez are also present to share insights on the crypto industry. “2022 will be the year that Web 3.0 really comes alive. Many of the different blockchain technologies like Defi protocols, NFTs, DAOs are starting to truly interact with each other. Given the early stages we're in, it's still very much a beta experience. However, we will look back a few years from now as the first year the tetris machine started to assemble”, said Marie Tatibouet on the CEX - DeFi &Security Panel discussion. As sponsors of the Andorran Block World Tour, Gate.io aims to significantly support the blockchain industry as it remains among the top leaders of the space, enhancing connections and networking to further contribute to a successful future of the industry. About Gate.io Established in 2013, Gate.io is one of the oldest, leading cryptocurrency exchanges. Gate.io offers most of the leading digital assets and has over 10 million registered users across the world. It is consistently ranked as one of the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko, and has been verified by the Blockchain Transparency Institute (BTI). Additionally, Gate.io has been given a rating of 4.5 by Forbes Advisor, making it one of the Best Crypto Exchanges for 2021. Besides the main exchange, Gate.io also offers other services such as decentralized finance, research and analytics, venture capital investments, wallet services and more. Disclaimer: Please be noted that Gate.io may not be able to provide full scale service in certain markets and jurisdictions, and Gate may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For detail of the restricted locations, please read the Terms of Service “Section II Eligibility”.

Sometimes, we can get kicked off by the market from our trading positions. But does it have to prevent us from securing profits? Well, not this time!No April Fool’s today – instead, here is a quick review of the trade entry provided in the pre-opening US session on Monday and its “stop-win” dragged upwards on Wednesday.Film of a Trade (Trade Plan Explained)The dip took place as the oil market bottomed at $98.44 (facing a rejection from the bulls towards the $100 mark), triggering the suggested entry around $99.55-101.29, highlighted by the yellow band. It happened at the same time when the Kremlin announced a significant de-escalation around the Ukrainian capital of Kyiv and Chernihiv.Thus, our subscribers got long around that pre-defined landing space (support). Not long afterwards, the first recommended target, projected at $113.90, was half-filled up. My recommended stop – initially placed just below the $92.20 level (March’s swing low) – could now be lifted:To new swing low ($98.44)To breakeven, or slightly above itPersonally, given the current volatility on the crude, I suggested dragging the stop up to $102.83 (Monday’s low - Mar. 28) and then lifting it again to $104.55 (Wednesday’s low - Mar. 30) once the prices break the $107.84 level (Tuesday’s high - Mar. 29).Since black gold was at that time trading at $107.20 (we were getting very close to it while I was writing my Oil Trading Alert on Wednesday, as prices made a high at $107.70 that day), I suggested setting a price alert up there (at $107.84).Monday (Mar. 28):WTI Crude Oil (CLK22) Futures (May contract, daily chart)Wednesday (Mar. 30):WTI Crude Oil (CLK22) Futures (May contract, daily chart)Friday (Apr. 1): WTI Crude Oil (CLK22) Futures (May contract, daily chart)Update: as I was writing these few lines on Wednesday (Mar. 30), my alert finally got triggered, so our stop was therefore lifted to $104.55 according to our flying map (trade plan).Wednesday (Mar. 30):WTI Crude Oil (CLK22) Futures (May contract, 4H chart)Here, I voluntarily removed the intermediate stop levels for better clarity, although you can look at them in the following chart:WTI Crude Oil (CLK22) Futures (May contract, 4H chart)Friday (Apr. 1):As you can see, the level provided was optimum given its possible support function (that is, acting as a floor for rebounding prices).On a side note, prices encountered some resistance as they were reaching the current month’s Volume Price of Control (VPoC). Therefore, exchanged volumes started accelerating around that level, and we wintessed a new accumulation cycle.Suddenly, yesterday, the United States announced the largest ever release of crude oil barrels from the US Strategic Petroleum Reserves (SPR), as well as President Biden made a call on oil giants to increase drilling in order to boost oil supplies.In response, the market retraced back to our support as prices recorded a 7% drop - at the end, we got stopped ideally still profiting from the market reversal (even though a retracement happened).Who said a strict risk management framework got out a fashion? That’s exactly how important it is for succesful trading!That’s all folks for today. Have a great weekend!Like what you’ve read? Subscribe for our daily newsletter today, and you'll get 7 days of FREE access to our premium daily Oil Trading Alerts as well as our other Alerts. Sign up for the free newsletter today!Thank you.Sebastien BischeriOil & Gas Trading Strategist* * * * *The information above represents analyses and opinions of Sebastien Bischeri, & Sunshine Profits' associates only. As such, it may prove wrong and be subject to change without notice. At the time of writing, we base our opinions and analyses on facts and data sourced from respective essays and their authors. Although formed on top of careful research and reputably accurate sources, Sebastien Bischeri and his associates cannot guarantee the reported data's accuracy and thoroughness. The opinions published above neither recommend nor offer any securities transaction. Mr. Bischeri is not a Registered Securities Advisor. By reading Sebastien Bischeri’s reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Sebastien Bischeri, Sunshine Profits' employees, affiliates as well as their family members may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.

31 March 2022 - Drug Dealer Manager, a 3D crime tycoon from Movie Games, was just announced on Steam with a gameplay trailer. The game, developed by Movie Games' internal studio Exiles Studio, will let you take over an American metropolis and become the cartel king. Drug Dealer Manager is planned to be released in 2022.Claw your way to the top in the ruthless world of gangs. Hire carriers, dealers, triggermen, and spies. Establish routes for your couriers. Buy or take over buildings and set up your bases of operations. Drug Dealer Manager will let you in on the business side of crime.        The game's unique mechanics use information as one of the available weapons. Collect dirt on the people who threaten your operation. Use your knowledge as leverage in negotiations. Pay off the cops so they look the other way and shape your public image as a paragon of the local community.  Grow your reputation and become a brand among the city's nightlifers. But remember: the more powerful you become, the more people will want to take you down.     Drug Dealer Manager is the second crime game from Movie Games, following the 2020 hit Drug Dealer Simulator. This expanding Drug Dealer universe lets you taste the life of crime from unique and fascinating angles. Drug Dealer Manager is set for a 2022 release. Check Drug Dealer Manager's Steam Page Features Comprehensive tycoon gameplay with unique criminal mechanics Huge and detailed custom-designed 3D map of the city More than 2000 interactive buildings realized in a unique art style Information as a resource: collect rumours and dig in the past to get rid of your competitors Complex police mechanics: be a subject of investigations and give favors to build relations

Walter Herz consulting company together with partners has created an initiative of free assistance providing business, investment, legal and HR consulting for companies relocating their operations from Ukraine to Poland, thanks to a specially created project and platform The authors of the project explain that the motivation to take the initiative was the willingness to help Ukrainian companies that were forced to evacuate from their country and relocate their business as a result of the Russian invasion. - There are still few long-term concepts related to substantive support for investors from Ukraine, which is why we have developed a project thanks to which we will be able to help Ukrainian entrepreneurs in the long term for the benefit of our economy. Through the platform that we have just launched, we can offer free consulting to companies that move to Poland from danger zones. Investors from Ukraine do not know how to navigate in the reality of our business environment, which is why our project includes comprehensive consulting. We provide information on company registration, tax law, labor law, recruitment and lease costs, as well as help finding office and warehouse space - informs BartÅ‚omiej Zagrodnik, Managing Partner, CEO of Walter Herz. Page Group, a recruitment company with a global reach, and LSW LeÅ›nodorski Åšlusarek i Wspólnicy law firm are partners of the aid project created by Walter Herz. Such collaboration opens up more opportunities. Companies from Ukraine can count on comprehensive information and service. - Polish Investment and Trade Agency and local investor service departments operating at city offices have also joined our project. This gives us the possibility of broader investment consulting, based not only on commercial opportunities of our market, but also based on specific business development options in selected locations, offered by local governments, which also includes exemptions offered to investors - says BartÅ‚omiej Zagrodnik. Walter Herz company is constantly looking for new opportunities to increase the scale of assistance, primarily by expanding cooperation with partners. The initiative has already been supported by several entities, joined by other companies determined to provide free assistance to investors from Ukraine. For entrepreneurs relocating business from Ukraine to our market, Walter Herz consultants provide knowledge on the general economic situation in our country, the potential of individual market sectors in given locations, the labor market, as well as the regulations on running a business. - The information provided to Ukrainian companies concerns the costs of running a business in Poland, including space lease, company registration and employment. Together with our partners, we conduct videoconferences, during which we provide practical tips on the current conditions of local markets in our country. We recommend optimal solutions in specific cases. We share the information included in our reports and help create comparative analysis of various locations that investors are interested in - informs Mateusz Strzelecki, Head of Tenant Representation / Partner at Walter Herz. Mateusz Strzelecki notes that a large group of entrepreneurs from Ukraine who are using our consulting are technology and IT companies employing at least several dozen people. - The first choice for them is Warsaw and Cracow. They also decide to go to Wroclaw or the Tri-City. First of all, they are initially interested in leasing coworking space in a given city and the aspects of the process of starting a business in Poland - adds Mateusz Strzelecki. According to Magdalena Zagrodnik, Head of HR & Marketing, Partner at Walter Herz, refugee migrations have a positive effect on the labor market in the long run. - This has already been confirmed many times by surveys carried out in various countries that dealt with the phenomenon of high migration. Unfortunately, the current statistics show that a large number of entities from Ukraine, after a short stay in Poland, leave our country and move further, to Western Europe. Therefore, we must undertake the widest possible efforts to ensure that Ukrainian brands permanently move to us and have a real, positive impact on our economy, and not only treat Poland as a stop on the way to another country - says Magdalena Zagrodnik. - I would also like to add that, as part of the aid project, we have created a division to which we invite various organizations supporting units helping Ukrainian children, such as kindergartens, language schools or psychological clinics etc. We hope that with the participation of our partners, we will be able to offer truly comprehensive support - says Magdalena Zagrodnik.   About Walter Herz Walter Herz company is a leading Polish entity which has been operating in the commercial real estate sector across the country. For ten years, the company has been providing comprehensive and strategic investment consulting services for tenants, investors and real estate owners across the country. Walter Herz experts assist investors, property owners and tenants. They provide full service, to companies from the private as well as public sectors. Walter Herz advisors support clients in finding and leasing space, and provide consulting in the implementation of investment projects in the warehouse, office, retail and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. In order to ensure the highest ethical level of services provided, the agency introduced the Code of Good Practice.

With the unrest in the Black Sea basin, it appears that there are two more cross-trade wars in the world. These are about energy and currency.Crude oil prices, down most of Friday, finally ended the week higher after a huge fire broke out at oil facilities in Jeddah, Saudi Arabia, following attacks by Yemeni rebels.The great winner of the Russian-Ukrainian conflict is undoubtedly the United States, which now seems to be taking advantage of Europe’s moment of weakness.The latter is indeed currently switching its energy supplies from Russian natural gas (pipeline-transported) to the much more polluting and much more expensive US shale gas. The reasons are much higher extraction (fracking) and transportation costs since it requires additional processes such as liquefaction/degasification and the deployment of more port terminals that are able to provide such steps – also much more energy-consuming – linked to Liquefied Natural Gas (LNG) supplies.(Source: ResearchGate.net)By doing so, the European Union is going to increase its dependence on the US whilst a new and stronger block (including Asia) emerges on the east side.As a result, we have already started to witness dedollarisation in international trade, with the petroyuan set to dethrone the heavily-printed petrodollar.No wonder that the US dollar supply surge has ended up triggering uncontrollable and probably still underestimated inflation. As a result, this monetary virus is spreading through the global economy at a faster pace than any other variant! WTI Crude Oil (CLK22) Futures (May contract, daily chart) Henry Hub Natural Gas (NGK22) Futures (May contract, daily chart)“Inflation is like toothpaste. Once it's out, you can hardly get it back in again. So, the best thing is not to squeeze too hard on the tube.” – Dr Karl Otto PöhlThat’s all folks for today. Happy trading!Like what you’ve read? Subscribe for our daily newsletter today, and you'll get 7 days of FREE access to our premium daily Oil Trading Alerts as well as our other Alerts. Sign up for the free newsletter today!Thank you.Sebastien BischeriOil & Gas Trading Strategist* * * * *The information above represents analyses and opinions of Sebastien Bischeri, & Sunshine Profits' associates only. As such, it may prove wrong and be subject to change without notice. At the time of writing, we base our opinions and analyses on facts and data sourced from respective essays and their authors. Although formed on top of careful research and reputably accurate sources, Sebastien Bischeri and his associates cannot guarantee the reported data's accuracy and thoroughness. The opinions published above neither recommend nor offer any securities transaction. Mr. Bischeri is not a Registered Securities Advisor. By reading Sebastien Bischeri’s reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Sebastien Bischeri, Sunshine Profits' employees, affiliates as well as their family members may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.

KINCHANCE - WHAT IS THE GOAL? What if, together, we could fill The Heart of Darkness with hope and opportunity? What if, together, we could give youth from one of the poorest regions in the world a chance to grow and develop? What if, together, we could find extraordinary talents and shape them into football superstars? Kinchance Football Academy is a for-profit social impact project that combines the world of football and blockchain technology. It has a clear vision - to become a model for football player development in Africa. Our project enables investors to participate in the creation of a unique environment where making a profit is inextricably linked to the idea of bringing hope to vulnerable and talented people. With the use of cutting-edge technology, such as blockchain and metaverse, Kinchance will make a lasting difference in the real world, offering investors an unparalleled experience of participation in a good cause. The aim of Kinchance is to offer a pathway to a brighter future through football and education for hundreds of Central Africa’s most talented young players. In a world-class facility, under the supervision of experienced staff and teachers, Kinchance will train, educate and inspire generations of immensely talented and extremely poor young individuals to realize their full athletic and intellectual potential. Thanks to the comprehensive work done by experts in the field, Kinchance will be able to offer the best of its graduates a chance to grow further in European partner clubs and make international careers, as well as to help dozens of people from their communities. Located in the heart of Africa, nestled on the outskirts of Kinshasa, the Democratic Republic of Congo, the Kinchance Academy will benefit from some key competitive advantages but, most importantly, will serve a very populous society of incredibly impoverished young people. Through passion and competence, Kinchance staff will combine the best practices in training, education and player development into the wealthy local talent pool, ultimately shaping world-class football players and great community leaders in the years and decades to come. Kinchance, as the name suggests, is about chances. A chance for a better life that our community will create for others and a chance for each investor to make profits while experiencing the humility and satisfaction that come from helping others. To make this innovative project even more enjoyable, we will adopt the latest technology, including the metaverse, and provide the Kinchance tokens with utilities that offer an unmatched level of insight and interaction. Unique NFT-based player profiles will add another dimension of fun, utility and value to the token. Indeed, it will allow investors to become football scouts on their own and enjoy premium benefits reflecting the performance and progress of the players. The construction of the Academy will be funded through a fundraising campaign run on the Terra blockchain in partnership with the StarTerra platform. Kinchance is indeed a unique investment in the crypto world. After all, every blockchain dollar fueled into Kinchance will make a real change and bring a massive impact on the harsh reality of young people in one of the poorest and almost forgotten places on our planet. Learn more on Kinchance.io  

Imagine all the people… living life in the Metaverse. Once we immerse ourselves in the digital sphere, gold may go out of fashion. Or maybe not?Do you already have your avatar? If not, maybe you should consider creating one, as the Metaverse is coming! What is the Metaverse? It is a digital, three-dimensional world where people are represented by avatars, a network of 3D virtual worlds focused on social connection, the next evolution of the internet, “extended reality,” and the latest buzzword in the marketplace since Facebook changed its name to Meta. If you still have no idea what I’m talking about, you can watch this or just Spielberg’s Ready Player One.The idea of personalities being uploaded online is an intriguing concept, isn’t it? In this vision, people meet with others, play, and simply hang out in a digital world. Imagine friends turning group chats on Messenger or WhatsApp into group meetups in the Metaverse of family gatherings in virtual homes. Ultimately, people will probably be doing pretty much everything there, except eating, sleeping, and using the restroom.Sounds scary? For people in their 30s and older who were fascinated by The Matrix, it does. However, this is really happening. The augmented reality technology market is expected to grow from $47 billion in 2019 to $1.5 trillion in 2030, mainly thanks to the development of the Metaverse. China’s virtual goods and services market is expected to be worth almost $250 billion this year and $370 billion in the next four years.In a sense, it had to happen as the next phase of the digital revolution. You see, we now experience much of life on the two-dimensional screens of our laptops and smartphones. The Metaverse moves us from a flat and boring 2D to a 3D virtual universe, where we can visualize and experience things with a more natural user interface. Let’s take shopping as an example. Instead of purchasing items on Amazon, customers could enter a virtual shop, see and touch all products in 3D, and buy whatever they wanted (actually, Walmart launched its own 3D shopping experience in 2018).OK, we get the idea, but why does Metaverse matter, putting aside sociological or philosophical issues related to transferring our minds into the digital world? Well, it might strongly affect every aspect of business and life, just as the internet did earlier. Here are a couple of examples. Famous brands, like Dolce & Gabbana, are designing clothes and jewelry for the digital world. Some artists are giving concerts in virtual reality. You could also visit some museums virtually, and instead of taking a business trip, you can digitally teleport to remote locations to meet with your co-workers’ avatars.Finally, what does the Metaverse imply for the gold market? Well, it’s difficult to grasp all the possible implications right now. However, the main threat is clear: as people immerse deeper and deeper into the digital world, gold could become obsolete for many users. Please note that cryptocurrencies and non-fungible tokens (NFTs) are and will continue to be widely used as payment methods in the Metaverse.However, there are some caveats here. First, the invention and spread of the internet didn’t sink gold. Actually, the internet enabled gold to be widely traded by investors all over the world. Just take a look at the chart below. Although gold was in a bear market in the 1990s and struggled during the dot-com bubble, it rallied after the bubble burst.Second, the digital world didn’t kill the analog reality. Despite digital streaming of music, vinyl record sales soared last year, reaching a record high in a few decades. The development of the Metaverse could trigger a similar backlash and a return to tangible goods like gold.Third, some segments of the Metaverse look like bubbles. Maybe I’m just too old, but why the heck would anybody spend hundreds of thousands, or even millions of dollars to buy items in the virtual world? These items include virtual real estates (CNBC says that sales of real estate in the metaverse topped $500 million last year and could double this year), digital pieces of art or even tweets (yup, the founder of Twitter sold the first tweet ever for just under $3 million)! It does not make any sense to me, as I can right-click and download a copy of the same digital files (like a PNG file of a grey pet rock) for which people pay thousands and millions of dollars.Of course, certain items could increase the utility of the game or virtual experience, but my bet is that at least some buyers simply speculate on prices, expecting that they will be able to resell these items to greater fools. When this digital gold rush ends – and given the Fed’s tightening cycle, it may happen in the not-so-distant future – real gold could laugh last.Thank you for reading today’s free analysis. We hope you enjoyed it. If so, we would like to invite you to sign up for our free gold newsletter. Once you sign up, you’ll also get 7-day no-obligation trial of all our premium gold services, including our Gold & Silver Trading Alerts. Sign up today!Arkadiusz Sieron, PhDSunshine Profits: Effective Investment through Diligence & Care.

Current levels of oil and petroleum products are high. Given that, what can explain such a surprising drop in US crude inventories?Energy Market UpdatesCommercial crude oil reserves in the United States fell much more than expected in the week ended March 18, according to figures released on Wednesday by the US Energy Information Administration (EIA).US crude inventories have shrunk by more than 2.5 million barrels, which implies greater demand and is obviously another bullish factor for crude oil prices. Such a decline in inventories is particularly remarkable as the American strategic reserves have also recorded a significant drop. This is the 25th consecutive week of falling strategic reserves since the Biden administration started to make those adjustments in an attempt to relieve the market.(Source: Investing.com)WTI Crude Oil (CLK22) Futures (May contract, daily chart)Furthermore, some additional figures extracted from the same EIA report were released and surprised the markets.These are US Gasoline Reserves, which plunged by about 2.95 million barrels over a week, while the market was not even forecasting a two-million decline.(Source: Investing.com)Thus, US exports jumped by more than 30% compared to the previous week, not only due to large flows to Europe to replace Russian barrels, but also marked by a significant rebound in Asian demand.RBOB Gasoline (RBJ22) Futures (April contract, daily chart)Beware that a NATO summit, a G7 summit, and a European Union summit are being held on Thursday, when the various countries could set a new round of sanctions against Moscow.So, how will black gold progress from now on? Do you think that the on-going negotiations with Iran and Venezuela could flood the market with additional barrels? Let us know in the comments!That’s all folks for today. Happy trading!Like what you’ve read? Subscribe for our daily newsletter today, and you'll get 7 days of FREE access to our premium daily Oil Trading Alerts as well as our other Alerts. Sign up for the free newsletter today!Thank you.Sebastien BischeriOil & Gas Trading Strategist* * * * *The information above represents analyses and opinions of Sebastien Bischeri, & Sunshine Profits' associates only. As such, it may prove wrong and be subject to change without notice. At the time of writing, we base our opinions and analyses on facts and data sourced from respective essays and their authors. Although formed on top of careful research and reputably accurate sources, Sebastien Bischeri and his associates cannot guarantee the reported data's accuracy and thoroughness. The opinions published above neither recommend nor offer any securities transaction. Mr. Bischeri is not a Registered Securities Advisor. By reading Sebastien Bischeri’s reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Sebastien Bischeri, Sunshine Profits' employees, affiliates as well as their family members may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.

CD PROJEKT RED today revealed that the next installment in The Witcher series of video games is currently in development with Unreal Engine 5, kicking off a new saga for the franchise and a new technology partnership with Epic Games.   Today's announcement marks the first official confirmation of a new game in The Witcher series since the release of CD PROJEKT RED's previous single-player, AAA RPG in the franchise — The Witcher 3: Wild Hunt — which won a total of 250 Game of the Year awards and was later expanded upon with the Hearts of Stone and Blood & Wine add-ons.    The teaser image for the new game features a medallion, accompanied by the phrase A New Saga Begins. Beyond this initial confirmation of a new saga in The Witcher franchise, no further details — such as a development time frame or release date — were provided.      CD PROJEKT RED also announced that they will be moving to Unreal Engine 5 as part of the multi-year strategic partnership with Epic Games. Since The Witcher 2: Assassins of Kings, released in 2011, CD PROJEKT RED has used their proprietary REDengine technology to build their games. This new relationship with Epic covers not only licensing, but technical development of Unreal Engine 5, as well as potential future versions of Unreal Engine, where relevant. Developers from CD PROJEKT RED will collaborate with those from Epicwith the primary goal being to help tailor the engine for open-world experiences, beginning with the development of the next game in The Witcher franchise.   Speaking on the use of Unreal Engine 5 for this, and future games, CTO of CD PROJEKT RED, PaweÅ‚ Zawodny stated: "One of the core aspects of our internal RED 2.0 Transformation is a much stronger focus on technology, and our cooperation with Epic Games is based on this principle. From the outset, we did not consider a typical licensing arrangement; both we and Epic see this as a long-term, fulfilling tech partnership. It is vital for CD PROJEKT RED to have the technical direction of our next game decided from the earliest possible phase as; in the past, we spent a lot of resources and energy to evolve and adapt REDengine with every subsequent game release. This cooperation is so exciting, because it will elevate development predictability and efficiency, while simultaneously granting us access to cutting-edge game development tools. I can't wait for the great games we're going to create using Unreal Engine 5!"    Tim Sweeney, Founder and CEO of Epic Games, remarked about the partnership:   "Epic has been building Unreal Engine 5 to enable teams to create dynamic open worlds at an unprecedented scale and level of fidelity. We are deeply honored by the opportunity to partner with CD PROJEKT RED to push the limits of interactive storytelling and gameplay together, and this effort will benefit the developer community for years to come."   Simultaneously with these announcements, CD PROJEKT RED also provided confirmation that REDengine, the technology which powers Cyberpunk 2077, is still being used for the development of the upcoming Cyberpunk 2077 expansion. Source: CDProjekt

  Preliminary figures compiled by Savills suggest that the total real estate investment volume in Europe for the first quarter of the year will reach approximately €70bn, a 19.5% increase year-on-year. Despite geopolitical events, the real estate advisor expects solid European investment activity for the remainder of the year, notably fuelled by large portfolio and entity deals. Savills anticipates total European real estate investment volumes for 2022 to reach between €300bn and €330bn, which would be 5-10% above the five-year average, as long as the Russia/Ukraine crisis doesn’t last too long and doesn’t have a long-term impact on the European economy. Lydia Brissy, Director, European Research at Savills, says: “Given the current context, we expect most of the investment activity this year will focus on Western Europe and particularly, the core countries of UK, Germany and France. Our preliminary Q1 figures suggest that those three countries have received 66.6% of the total European investment volume this quarter, up from 61.4% last year.” Tomasz Buras, CEO, Savills Poland, says: “The hostilities in Ukraine are having a stronger impact on the Polish real estate market than on Western European markets. Developers are facing severe disruptions to supplies of building materials and reduced availability of construction workers. Tenants have already suffered from rising inflation and energy charges, further fuelled by the weakening Polish zÅ‚oty relative to the euro, a currency in which rents are denominated. We are, however, seeing a surge in demand on the residential rental market and more enquiries for office and warehouse space from companies wanting or forced to relocate operations to Poland. Cross-border investors are likely to remain more cautious in the coming weeks, leading to a short-term dip in real estate investment volumes, albeit with a potential for a strong rebound if the armed conflict is quickly resolved peacefully.” James Burke, Director, Regional Investment Advisory EMEA at Savills, says: “For perhaps the first time since the Covid-19 pandemic, prime offices are looking like an increasingly attractive defensive investment as they are relatively protected from higher inflation due to the indexation of rents across core European cities. Based on our preliminary figures, prime office yields compressed further by an average of 17 bps year on year to 3.40% in Q1 2022. Office yield spreads to risk-free rates continue to illustrate the sector’s attractiveness despite some more recent increases in bond yields. Given this, we believe the potential for further yield compression is less likely, and we forecast a stable outlook on pricing throughout 2022.”

There are still fewer leased and built offices than two years ago, but there is an upward trend in the office sector. Last year, some regional markets saw a sizable increase in demand, even compared to 2019 In 2021, 325 thousand sq m of office space was delivered on the Warsaw market. Such a high result was last seen in 2016. Several spectacular buildings, the implementation of which began before the pandemic, have been commissioned. Skyliner, Warsaw Unit, Generation Park Y and Fabryka Norblina have been completed in the vicinity of DaszyÅ„skiego roundabout. The construction of X20 building and Moje Miejsce II in the district of Mokotów have been completed. Warsaw office resources, which already exceed 6.15 million sq m. have also gained two office buildings in Centrum Praskie Koneser complex, as well as the EQ2 building and Baletowa Business Park. Warsaw with a negligible amount of new projects On the other hand, there is over a half less offices under construction in Warsaw than in recent years, when about 700-800 thousand sq m. of space was commissioned annually. According to Walter Herz, almost 330 thousand sq m. of offices is currently under construction. The last time there has been so little of them built in the city was a decade ago. Most of the projects will be completed this and next year. The office buildings under construction include, among others, Varso Tower, SkySawa, The Bridge, P180 and Bohema. The high level of new supply in 2021 and lower demand caused the vacancy rate to increase in the Warsaw market by 2.8 pp. to 12.7 per cent and become the highest in six years. - The activity of tenants in the office market is still lower than before the pandemic, but its gradual increase is noticeable. The total volume of lease in the office sector in Poland in 2021 was several percent higher than in the previous year. In Warsaw, the volume of lease transactions increased by over 7% year on year. Over 646 thousand sq m. of space has been leased. This result is significantly lower than in 2015-2019, when tenants leased an average of about 830 thousand sq m. of offices - says BartÅ‚omiej Zagrodnik, Managing Partner/CEO of Walter Herz. - However, offices still remain an important element of companies' business activities and interesting assets for investors. So far, rental rates are at the same level as before, but a significant increase in construction costs is putting pressure to increase them – adds BartÅ‚omiej Zagrodnik. The Tri-City with the largest number of new offices In the regions, the highest increase in resources was recorded in the Tri-City. The offer of the Tri-City office market, which is the fourth in the country, will soon reach 1 million sq m. of space, due to the completion of construction of 73 thousand sq m. of offices in 3T Office Park, Palio, LPP Fashion Lab and Gato projects. Cracow, the second largest office market in Poland, increased its offer last year to over 1.6 million sq m. of space. The supply increased by over 60 thousand sq m. of space, due to the completion of Equal Business Park D, Ocean Office Park A, Tertium Business Park B and Aleja Pokoju 81. Over 37 thousand sq m. of offices has been delivered to the office market in Poznan in Nowy Rynek D building. As a result, the resources exceeded 620 thousand sq m. of space. In Wroclaw, Krakowska 35 and Nowa Strzegomska projects were commissioned, offering a total of 22 thousand sq m. of space. As a result, the offer increased to 1.25 million sq m. In Katowice (600 thousand sq m.), over 13 thousand sq m. of space entered the market last year, and in Lodz (583 thousand sq m.) - 3.6 thousand sq m. Katowice market with the largest development Katowice clearly stands out in the regions with the number of offices under construction. There are as many as 200 thousand sq m. of space under construction on the Katowice market, which accounts for nearly a third of the city's current resources. Most of the projects are to be completed this year. The Cracow market is also growing, with 165 thousand sq m. of office space under construction. - If the macroeconomic conditions and the economic situation are favorable, this value may increase in the upcoming quarters with projects that are being prepared for implementation in Cracow - says Mateusz Strzelecki, Head of Tenant Representation/Partner at Walter Herz. - Another office market that is also expanding is Wroclaw with 150 thousand sq m. of space under construction, among others in the Brama OÅ‚awska project, Quorum Office Park and another building in the Centrum PoÅ‚udnie and Tri-City complex with 120 thousand sq m. of offices that are implemented mainly in Gdansk - informs Mateusz Strzelecki. Nearly 80 thousand sq m. of office space is under construction in Poznan and almost 90 thousand sq m. of offices in Lodz. The largest investment on the Poznan market is Andersia Silver, which upon completion will deliver the tallest building in the city. In the near future, Lodz will offer modern space in Manufaktura Widzewska, Fuzja and React projects. Demand in the regions is at a fair level According to Walter Herz, the lease level in regional markets was over a dozen per cent lower last year than in 2019. - While the office sector has seen a significant recovery in the second half of 2021, the annual transaction value is still below the pre-pandemic average. However, the high demand for offices registered last year in Wroclaw, the Tri-City and Poznan, where more space was contracted than in 2019 is noteworthy - says Mateusz Strzelecki. Last year, we could observe the greatest demand for offices in Cracow, where approximately 156 thousand sq m. of space was leased and in Wroclaw, which showed absorption at the level of 153 thousand sq m. While the demand on the Cracow market was slightly lower than in the previous years, in Wroclaw the result was several per cent higher, both in comparison to 2020 and 2019. The Tri-City and Poznan markets also showed an increase in demand last year. The rental volume in the Tri-City amounted to 108 thousand sq m. of office space and was 23 per cent higher than the year before, and nearly 7 per cent higher than in 2019. Poznan, on the other hand, where lease agreements for 73 thousand sq m of offices were signed, recorded over 80 per cent increase in demand for offices, compared to 2019. The demand on the Katowice market dropped to 53 thousand sq m. of space, that’s 16 per cent lower than a year earlier. In Lodz, 51 thousand sq m. of offices were contracted, which is also less than in previous years. Over the last year, the vacancy rate in regional markets increased slightly. Only in Poznan, due to the jump in demand, it slightly decreased. It is currently at the level of 10.5 per cent in Katowice to 16.7 per cent in Wroclaw. Experts point out that the model of arranging office space is changing. More rooms for meetings and videoconferences are now being designed. A larger number of desks also function as workstations, which, depending on the needs, can be used by various people in the hybrid system. About Walter Herz Walter Herz company is a leading Polish entity which has been operating in the commercial real estate sector across the country. For ten years, the company has been providing comprehensive and strategic investment consulting services for tenants, investors and real estate owners across the country. Walter Herz experts assist investors, property owners and tenants. They provide full service, to companies from the private as well as public sectors. Walter Herz advisors support clients in finding and leasing space, and provide consulting in the implementation of investment projects in the warehouse, office, retail and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. In order to ensure the highest ethical level of services provided, the agency introduced the Code of Good Practice.

2021 was a period of intense work, development of a new organizational structure and expanding the team for Walter Herz. The company is operating in the commercial real estate sector, providing comprehensive consulting services across Poland. Consistent expansion of services and the need to provide clients with integrated service and comprehensive support, resulted in a new role emerging in the company. Mateusz Strzelecki, a long-term market expert who has been associated with Walter Herz for 9 years, was appointed Head of Tenant Representation. The promotion opened up even greater opportunities for him to further develop the spectrum of consulting services provided by the company to its clients and to vastly expand its operations in the area of office tenant representation on the largest business markets in the country. - The office market is still the primary focus of ​​Walter Herz's operations. However, the sector has become more demanding due to the intense process of changes and the emerging new directions of its development. Contrary to some predictions, stationary offices have kept their position. A lot is happening in the office market and clients need comprehensive support. Companies still invest heavily in workspace, some even more than before. In order to ensure the highest standard of consulting and full process security in the context of the constant evolution of the market, we must constantly develop. This is what makes our job very interesting, and customer satisfaction is a great motivation for us. Tenant's rights are a field I specialize in. I am pleased to share my knowledge with our business partners and clients, as well as with the participants of Tenant Academy, where I am a lecturer - says Mateusz Strzelecki, Head of Tenant Representation/Partner at Walter Herz. - We have been providing consulting for clients investing in the commercial real estate sector in Poland for a decade. This past year, despite the difficult situation on the market, brought progress for the company, both in terms of the scale of operations and employment growth. We focused on the development of the Office Tenant Representation department. Mateusz Strzelecki, who has been promoted to the position of Head of Tenant Representation, has been responsible for managing the team of advisers and for providing comprehensive support to clients – says BartÅ‚omiej Zagrodnik, Managing Partner/CEO at Walter Herz. An important event for the company was the recent opening of a branch in Lodz. Apart from Warsaw and Cracow, Lodz is the third stationary Walter Herz branch in the country. Therefore, Magdalena Góra has joined the Lodz branch as a Senior Business Development Specialist. - Magda will support our Tenant Representation team in acquiring customers. He has been working in the commercial real estate market for many years. So far, she has advised office tenants, working in the furnishing industry. At Walter Herz, she will have the opportunity to see the market from a different angle. We believe that the combination of our diverse experiences and competences will allow us to raise the standard and comprehensiveness of our consulting, thanks to a broader view of the entire process - says Mateusz Strzelecki, Head of Tenant Representation / Partner at Walter Herz. - We are expanding the scope of strategic consulting services, flexibly changing the employment structure. The expansion of the team allowed us to improve our qualifications in all areas of the commercial real estate market. Last year, employment in the company increased by 30 per cent. We are constantly investing in the development of our organization, including through regular, personalized training that allows to improve the expertise and skills of the employees. We care for the development of our staff and professional fulfillment of all people in the team. Among them, we have numerous long-term employees who take up new functions and are successively being promoted. The company is still actively looking for specialists with experience in consulting concerning all sectors of the real estate market for project teams, in order to be able to effectively develop partner relations with clients and provide them with the necessary knowledge - says Magdalena Zagrodnik, Head of HR & Business Partner at Walter Herz. In everyday work with clients, the company’s motto is - We care & We share. This goal is also a guideline for the further implementation of Walter Herz’s Tenant Academy - a proprietary training project designed to educate tenants of commercial space across the country. Last year, during the fifth edition of the event, we organized five specialized webinars and one hybrid panel. Almost 1000 participants signed up for it. About Walter Herz Walter Herz company is a leading Polish entity which has been operating in the commercial real estate sector across the country. For ten years, the company has been providing comprehensive and strategic investment consulting services for tenants, investors and real estate owners across the country. Walter Herz experts assist investors, property owners and tenants. They provide full service, to companies from the private as well as public sectors. Walter Herz advisors support clients in finding and leasing space, and provide consulting in the implementation of investment projects in the warehouse, office, retail and hotel sectors. The company is based in Warsaw and runs regional branches in Cracow and Łódź. Walter Herz has created the Tenant Academy, the first project in Poland, which supports and educates commercial tenants from all over Poland by organizing specialized training meetings. In order to ensure the highest ethical level of services provided, the agency introduced the Code of Good Practice.

Crude oil prices are slipping from their recent highest levels. Where could we see the next support located?Oil prices fell sharply on Monday – extending last week’s decline – driven by potential progress in Ukraine-Russia talks.India is considering taking advantage of Russia's discounted crude oil and other commodities offers by settling transactions through the rupee/ruble payment system. Meanwhile, on the eastern side, there is a rush to replace the Russian barrels in the west, but immediate availability is limited.In addition, some fears that OPEC+ countries might not be able to easily increase supply remain, even though the UAE said last week that OPEC+ could double the output to the market (about 800,000 bpd) very quickly. However, this sounds very challenging since OPEC+ countries have already struggled to bring in 400,000 bbd.On the Asian side, a slowdown in demand could have been seen as 17 million residents in Shenzhen, the technological centre of southern China, were locked down on Sunday after reports of epidemic outbreaks linked to the neighbouring territory of Hong Kong, where the Omicron strain seems to have spread. There are growing fears that other cities could follow suit to comply with the country's strict zero-COVID policy, adopted by the government of the People's Republic of China.WTI Crude Oil (CLJ22) Futures (April contract, daily chart)Like what you’ve read? Subscribe for our daily newsletter today, and you'll get 7 days of FREE access to our premium daily Oil Trading Alerts as well as our other Alerts. Sign up for the free newsletter today!Thank you.Sebastien BischeriOil & Gas Trading Strategist* * * * *The information above represents analyses and opinions of Sebastien Bischeri, & Sunshine Profits' associates only. As such, it may prove wrong and be subject to change without notice. At the time of writing, we base our opinions and analyses on facts and data sourced from respective essays and their authors. Although formed on top of careful research and reputably accurate sources, Sebastien Bischeri and his associates cannot guarantee the reported data's accuracy and thoroughness. The opinions published above neither recommend nor offer any securities transaction. Mr. Bischeri is not a Registered Securities Advisor. By reading Sebastien Bischeri’s reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Sebastien Bischeri, Sunshine Profits' employees, affiliates as well as their family members may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.

We live in uncertain times, but one thing is (almost) certain: the Fed’s tightening cycle will be followed by an economic slowdown – if not worse.There are many regularities in nature. After winter comes spring. After night comes day. After the Fed’s tightening cycle comes a recession. This month, the Fed will probably end quantitative easing and lift the federal funds rate. Will it trigger the next economic crisis?It’s, of course, more nuanced, but the basic mechanism remains quite simple. Cuts in interest rates, maintaining them at very low levels for a prolonged time, and asset purchases – in other words, easy monetary policy and cheap money – lead to excessive risk-taking, investors’ complacency, periods of booms, and price bubbles. On the contrary, interest rate hikes and withdrawal of liquidity from the markets – i.e., tightening of monetary policy – tend to trigger economic busts, bursts of asset bubbles, and recessions. This happens because the amount of risk, debt, and bad investments becomes simply too high.Historians lie, but history – never does. The chart below clearly confirms the relationship between the Fed’s tightening cycle and the state of the US economy. As one can see, generally, all recessions were preceded by interest rate hikes. For instance, in 1999-2000, the Fed lifted the interest rates by 175 basis points, causing the burst of the dot-com bubble. Another example: in the period between 2004 and 2006, the US central bank raised rates by 425 basis points, which led to the burst of the housing bubble and the Great Recession.One could argue that the 2020 economic plunge was caused not by US monetary policy but by the pandemic. However, the yield curve inverted in 2019 and the repo crisis forced the Fed to cut interest rates. Thus, the recession would probably have occurred anyway, although without the Great Lockdown, it wouldn’t be so deep.However, not all tightening cycles lead to recessions. For example, interest rate hikes in the first half of the 1960s, 1983-1984, or 1994-1995 didn’t cause economic slumps. Hence, a soft landing is theoretically possible, although it has previously proved hard to achieve. The last three cases of monetary policy tightening did lead to economic havoc.It goes without saying that high inflation won’t help the Fed engineer a soft landing. The key problem here is that the US central bank is between an inflationary rock and a hard landing. The Fed has to fight inflation, but it would require aggressive hikes that could slow down the economy or even trigger a recession. Another issue is that high inflation wreaks havoc on its own. Thus, even if untamed, it would lead to a recession anyway, putting the economy into stagflation. Please take a look at the chart below, which shows the history of US inflation.As one can see, each time the CPI annul rate peaked above 5%, it was either accompanied by or followed by a recession. The last such case was in 2008 during the global financial crisis, but the same happened in 1990, 1980, 1974, and 1970. It doesn’t bode well for the upcoming years.Some analysts argue that we are not experiencing a normal business cycle right now. In this view, the recovery from a pandemic crisis is rather similar to the postwar demobilization, so high inflation doesn’t necessarily imply overheating of the economy and could subsidy without an immediate recession. Of course, supply shortages and pent-up demand contributed to the current inflationary episode, but we shouldn’t forget about the role of the money supply. Given its surge, the Fed has to tighten monetary policy to curb inflation. However, this is exactly what can trigger a recession, given the high indebtedness and Wall Street’s addiction to cheap liquidity.What does it mean for the gold market? Well, the possibility that the Fed’s tightening cycle will lead to a recession is good news for the yellow metal, which shines the most during economic crises. Actually, recent gold’s resilience to rising bond yields may be explained by demand for gold as a hedge against the Fed’s mistake or failure to engineer a soft landing.Another bullish implication is that the Fed will have to ease its stance at some point in time when the hikes in interest rates bring an economic slowdown or stock market turbulence. If history teaches us anything, it is that the Fed always chickens out and ends up less hawkish than it promised. In other words, the US central bank cares much more about Wall Street than it’s ready to admit and probably much more than it cares about inflation.Having said that, the recession won’t start the next day after the rate liftoff. Economic indicators don’t signal an economic slump. The yield curve has been flattening, but it’s comfortably above negative territory. I know that the pandemic has condensed the last recession and economic rebound, but I don’t expect it anytime soon (at least rather not in 2022). It implies that gold will have to live this year without the support of the recession or strong expectations of it.Thank you for reading today’s free analysis. We hope you enjoyed it. If so, we would like to invite you to sign up for our free gold newsletter. Once you sign up, you’ll also get 7-day no-obligation trial of all our premium gold services, including our Gold & Silver Trading Alerts. Sign up today!Arkadiusz Sieron, PhDSunshine Profits: Effective Investment through Diligence & Care.

From time to time, we may want to consider volatility as an ally. After all, why would highly volatile markets necessarily mean more losing trades?The first target was hit – BOOM! Today – just before the weekend – it is time to bank some profits from my recent trade projections (provided on March 2). Since then, the trade plan has provided our dear subscribers with multiple bounces to trade the NYMEX Natural Gas Futures (April contract) in various ways, always depending on each one’s personal risk profile.The first possibility is the swing trading with trailing stop method explained in my famous risk management article.Trade entry triggered on Tuesday, March 8 (firm rebound on yellow band), stop lifted once price extends beyond mid-point (median) price between first target and entry, thus ending at $4.607 (black dotted line), given the market closed at its daily high of $4.704 (purple dotted line) that same day and assuming you entered that long trade at $4.550 (top of the yellow band). That was a quick one that lasted only a couple hours for the day traders who closed their trades at the regular market close (two candles later, see below chart). For the swing traders, the win-stop was triggered the next day (Wednesday) on the following pull-back. Henry Hub Natural Gas (NGJ22) Futures (April contract, hourly chart)The second option is to scale the rebounds with fixed targets (active or experienced traders).This method consists of “riding the tails” (or the shadows). To get a better grasp of this concept, let’s zoom out on a 4H-chart so you can see the multiple rebounds of the price characterized by the shadows (or tails) of candlesticks, where a crowd of bulls are placing buy orders around that yellow support zone, therefore squeezing bears by pushing prices towards the upside (like some sort of rope pulling game). This trading style often requires stops to be tighter with some profit-to-risk ratio greater than 1.5 (with usually fixed targets). Henry Hub Natural Gas (NGJ22) Futures (April contract, 4H chart)Third possibility: position trading. This is probably the most passive trading style, as it would suit everyone’s busy timetable (and be the most rewarding). This is usually the one we privilege at Sunshine Profits since it allows us to provide trade projections some time in advance for our patient sniper traders to lock in their trading targets and take sufficient time to assess the associated risk with each projection as part of a full trade plan (or flying map).Let’s zoom out again to spot our first target getting hit today on a daily chart so we can have an overall view of the next target to be locked in while lifting our stop to breakeven (entry), previous swing low ($4.450) or using an Average True Range (ATR) ratio as some of you may like to use:Henry Hub Natural Gas (NGJ22) Futures (April contract, daily chart)That’s all folks for today. Have a great weekend!Like what you’ve read? Subscribe for our daily newsletter today, and you'll get 7 days of FREE access to our premium daily Oil Trading Alerts as well as our other Alerts. Sign up for the free newsletter today!Thank you.Sebastien BischeriOil & Gas Trading Strategist* * * * *The information above represents analyses and opinions of Sebastien Bischeri, & Sunshine Profits' associates only. As such, it may prove wrong and be subject to change without notice. At the time of writing, we base our opinions and analyses on facts and data sourced from respective essays and their authors. Although formed on top of careful research and reputably accurate sources, Sebastien Bischeri and his associates cannot guarantee the reported data's accuracy and thoroughness. The opinions published above neither recommend nor offer any securities transaction. Mr. Bischeri is not a Registered Securities Advisor. By reading Sebastien Bischeri’s reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Sebastien Bischeri, Sunshine Profits' employees, affiliates as well as their family members may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.

Humanity has reached a time where you can literally create your own financial success. The Crypto metaverse has created a revolutionary impact by providing individuals with the opportunity to multiply the money that they have significantly. If you’re ready to dive into the internet of money, be sure to keep your eyes on these three goldmines: Ethereum (ETH), Ripple (XRP) & Seesaw Protocol (SSW). For millenia, institutions, democracy, banking and education have all been organised around hierarchical structures. In these hierarchies, these bureaucracies of people, all of our social relationships were organised by appeals to authority. The internet, on the other hand, brought about a change which led to us transitioning from institutions to platforms. To summarise, we use money to communicate value to one another, to express how much a product, a service, or a gesture means to us. – it’s an ancient technology. Decentralised Finance (DeFi) is a system that is completely international and borderless at the same time – and we've never had a money system like this before. It's a money system that moves at the speed of light, and is accessible to all. Firstly, a DeFi coin worth investing in is Ethereum (ETH). ETH officially launched in 2015 and managed to achieve a soaring 425% increase in value last year. Currently, it remains as the second biggest Cryptocurrency after Bitcoin (BTC). Ethereum can be used for more than just making payments – it's a marketplace of financial services, games and apps that won't steal your information or censor you. According to Coinpedia, ETH can potentially end 2022 between the value of $6,500 and $7,500 if the bullish trend that began in mid-2021 continues. Moving on, Ripple (XRP) is another noteworthy investment. XRP is a Crypto designed for business use that aims to provide a rapid and cost-effective way to move money across borders as tokens can be transferred without the use of a central middleman. Launched in 2012, Coinpedia now predicts that XRP will reach a value between $4 and $6 by 2025, which will illustrate a record level. In the past week, the price of XRP has increased by 8.69%. Furthermore, there's a good chance that market makers will continue to increase XRP’s price due to buy-stop liquidity above $0.85 and $0.91. The Game Changer Lastly, a coin that is highly recommended is Seesaw Protocol (SSW). SSW is a Fully Decentralised and Multi-Chain DeFi Platform that can be used for everyday transactions. The Seesaw Protocol (SSW) token can be swapped across several chains with a commission of less than 1%. Therefore, allowing all users to greatly benefit from this. In addition, users will be able to receive up to 5% pre-sale referral bonuses. Within the last month, the price of its value has increased by an incredible figure of 2000% and reached a spurt of 32% in the last 7 days alone. If you’re yet to invest, don’t worry as it’s not too late, because although we’re passing through pre-sale Phase 2, it’s still early to hop on board and invest in SSW – since it’s still in pre-sale! Investing early, even with a little initial commitment, can yield remarkable benefits. So now is an excellent time to purchase SSW tokens to receive the rewards the token could bring. Furthermore, experts estimate that by the end of the Pre-Sale in April this year, the price of Seesaw Protocol (SSW) will have risen from $0.11 to $0.40-0.45 – illustrating an outstanding expansion of 7000%! Thus far, it is logical for one to conclude that the value of SSW can only grow from here as it has already reached astonishing levels during pre-sale. Overall, the internet of money symbolises a technological innovation that many people fear because it involves such a fundamental change in money. However, it should be perceived with an optimistic approach as DeFi bridges the divide between those who are fortunate enough to have financial privileges and those who do not – there are no entry requirements to join the world of Crypto. Start creating your own financial success by investing in the rising star SSW, receive the bundle of benefits and watch the figures continue to boom. Enter Presale: https://presale.seesawprotocol.io/register Website: https://seesawprotocol.io/ Telegram: https://t.me/SEESAWPROTOCOL Twitter: https://twitter.com/SEESAWPROTOCOL Instagram: https://www.instagram.com/seesaw.protocol

This month, the Fed is expected to hike interest rates. Contrary to popular belief, the tightening doesn't have to be adverse for gold. What does history show?March 2022 – the Fed is supposed to end its quantitative easing and hike the federal funds rate for the first time during recovery from a pandemic crisis . After the liftoff, the Fed will probably also start reducing the size of its mammoth balance sheet and raise interest rates a few more times. Thus, the tightening of monetary policy is slowly becoming a reality. The golden question is: how will the yellow metal behave under these conditions?Let’s look into the past. The last tightening cycle of 2015-2019 was rather positive for gold prices. The yellow metal rallied in this period from $1,068 to $1,320 (I refer here to monthly averages), gaining about 24%, as the chart below shows.What’s really important is that gold bottomed out in December 2015, the month of the liftoff. Hence, if we see a replay of this episode, gold should detach from $1,800 and go north, into the heavenly land of bulls. However, in December 2015, real interest rates peaked, while in January 2016, the US dollar found its local top. These factors helped to catapult gold prices a few years ago, but they don’t have to reappear this time.Let’s dig a bit deeper. The earlier tightening cycle occurred between 2004 and 2006, and it was also a great time for gold, despite the fact that the Fed raised interest rates by more than 400 basis points, something unthinkable today. As the chart below shows, the price of the yellow metal (monthly average) soared from $392 to $634, or more than 60%. Just as today, inflation was rising back then, but it was also a time of great weakness in the greenback, a factor that is currently absent.Let’s move even further back into the past. The Fed also raised the federal funds rate in the 1994-1995 and 1999-2000 periods. The chart below shows that these cases were rather neutral for gold prices. In the former, gold was traded sideways, while in the latter, it plunged, rallied, and returned to a decline. Importantly, just as in 2015, the yellow metal bottomed out soon after the liftoff in early 1999.In the 1980s, there were two major tightening cycles – both clearly negative for the yellow metal. In 1983-1984, the price of gold plunged 29% from $491 to $348, despite rising inflation, while in 1988-1989, it dropped another 12%, as you can see in the chart below.Finally, we have traveled back in time to the Great Stagflation period! In the 1970s, the Fed’s tightening cycles were generally positive for gold, as the chart below shows. In the period from 1972 to 1974, the average monthly price of the yellow metal soared from $48 to $172, or 257%. The tightening of 1977-1980 was an even better episode for gold. Its price skyrocketed from $132 to $675, or 411%. However, monetary tightening in 1980-1981 proved not very favorable , with the yellow metal plunging then to $409.What are the implications of our historical analysis for the gold market in 2022? First, the Fed’s tightening cycle doesn’t have to be bad for gold. In this report, I’ve examined nine tightening cycles – of which four were bullish, two were neutral, and three were bearish for the gold market. Second, all the negative cases occurred in the 1980s, while the two most recent cycles from the 21st century were positive for gold prices. It bodes well for the 2022 tightening cycle.Third, the key is, as always, the broader macroeconomic context – namely, what is happening with the US dollar, inflation, and real interest rates. For example, in the 1970s, the Fed was hiking rates amid soaring inflation. However, in March 1980, the CPI annul rate peaked, and a long era of disinflation started. This is why tightening cycles were generally positive in the 1970s, and negative in the 1980s.Hence, it seems on the surface that the current tightening should be bullish for gold, as it is accompanied by high inflation. However, inflation is expected to peak this year. If this happens, real interest rates could increase even further, creating downward pressure on gold prices. Please remember that the real federal funds rate is at a record low level. If inflation peaks, gold bulls’ only hope will be either a bearish trend in the US dollar (amid global recovery and ECB’s monetary policy tightening) or a dovish shift in market expectations about the path of the interest rates, given that the Fed’s tightening cycle has historically been followed by an economic slowdown or recession.Thank you for reading today’s free analysis. We hope you enjoyed it. If so, we would like to invite you to sign up for our free gold newsletter. Once you sign up, you’ll also get 7-day no-obligation trial of all our premium gold services, including our Gold & Silver Trading Alerts. Sign up today!Arkadiusz Sieron, PhDSunshine Profits: Effective Investment through Diligence & Care.

After the war-driven gold rally, oil is starting to outperform. History between these two has already shown that someone may suffer. Many suggest: gold miners.The precious metals corrected some of their gains yesterday, but overall, not much changed in them. However, quite a lot happened in crude oil, and in today’s analysis we’ll focus on what it implies for the precious metals market and, in particular – for mining stocks.As you may have noticed, crude oil shot up recently in a spectacular manner. This seems normal, as it’s a market with rather inflexible supply and demand, so disruptions in supply or threats thereof can impact the price in a substantial way. With Russia as one of the biggest crude oil producers, its invasion of Ukraine, and a number of sanctions imposed on the attacking country (some of them involving oil directly), it’s natural that crude oil reacts in a certain manner. The concern-based rally in gold is also understandable.However, the relationship between wars, concerns, and prices of assets is not as straightforward as “there’s a war, so gold and crude oil will go up.” In order to learn more about this relationship, let’s examine the most similar situation in recent history to the current one, when oil supplies were at stake.The war that I’m mentioning is the one between Iraq and the U.S. that started almost 20 years ago. Let’s see what happened in gold, oil, and gold stocks at that time.The most interesting thing is that when the war officially started, the above-mentioned markets were already after a decline. However, that’s not that odd, when one considers the fact that back then, the tensions were building for a long time, and it was relatively clear in advance that the U.S. attack was going to happen. This time, Russia claimed that it wouldn’t attack until the very last minute before the invasion.The point here, however, is that the markets rallied while the uncertainty and concerns were building up, and then declined when the situation was known and “stable.” I don’t mean that “war” was seen as stable, but rather that the outcome and how it affected the markets was rather obvious.The other point is the specific way in which all three markets reacted to the war and the timing thereof.Gold stocks rallied initially, but then were not that eager to follow gold higher, but that’s something that’s universal in the final stages of most rallies in the precious metals market. What’s most interesting here is that there was a time when crude oil rallied substantially, while gold was already declining.Let me emphasize that once again: gold topped first, and then it underperformed while crude oil continued to soar substantially.Fast forward to the current situation. What has happened recently?Gold moved above $1,970 (crude oil peaked at $100.54 at that time), and then it declined heavily. It’s now trying to move back to this intraday high, but it was not able to do so. At the moment of writing these words, gold is trading at about $1,930, while crude oil is trading at about $114.In other words, while gold declined by $30, crude oil rallied by about $14. That’s a repeat of what we saw in 2003!What happened next in 2003? Gold declined, and the moment when crude oil started to visibly outperform gold was also the beginning of a big decline in gold stocks.That makes perfect sense on the fundamental level too. Gold miners’ share prices depend on their profits (just like it’s the case with any other company). Crude oil at higher levels means higher costs for the miners (the machinery has to be fueled, the equipment has to be transported, etc.). When costs (crude oil could be viewed as a proxy for them) are rising faster than revenues (gold could be viewed as a proxy for them), miners’ profits appear to be in danger; and investors don’t like this kind of danger, so they sell shares. Of course, there are many more factors that need to be taken into account, but I just wanted to emphasize one way in which the above-mentioned technical phenomenon is justified. The above doesn’t apply to silver as it’s a commodity, but it does apply to silver stocks.Back in 2004, gold stocks wiped out their entire war-concern-based rally, and the biggest part of the decline took just a bit more than a month. Let’s remember that back then, gold stocks were in a very strong medium- and long-term uptrend. Right now, mining stocks remain in a medium-term downtrend, so their decline could be bigger – they could give away their war-concern-based gains and then decline much more.Mining stocks are not declining profoundly yet, but let’s keep in mind that history rhymes – it doesn’t repeat to the letter. As I emphasized previously today, back in 2003 and 2002, the tensions were building for a longer time and it was relatively clear in advance that the U.S. attack was going to happen. This time, Russia claimed that it wouldn’t attack until the very last minute before the invasion. Consequently, the “we have to act now” is still likely to be present, and the dust hasn’t settled yet – everything appears to be unclear, and thus the markets are not returning to their previous trends. Yet.However, as history shows, that is likely to happen. Either immediately, or shortly, as crude oil is already outperforming gold.Investing and trading are difficult. If it was easy, most people would be making money – and they’re not. Right now, it’s most difficult to ignore the urge to “run for cover” if you physically don’t have to. The markets move on “buy the rumor and sell the fact.” This repeats over and over again in many (all?) markets, and we have direct analogies to similar situations in gold itself. Junior miners are likely to decline the most, also based on the massive declines that are likely to take place (in fact, they have already started) in the stock markets.Thank you for reading our free analysis today. Please note that the above is just a small fraction of today’s all-encompassing Gold & Silver Trading Alert. The latter includes multiple premium details such as the targets for gold and mining stocks that could be reached in the next few weeks. If you’d like to read those premium details, we have good news for you. As soon as you sign up for our free gold newsletter, you’ll get a free 7-day no-obligation trial access to our premium Gold & Silver Trading Alerts. It’s really free – sign up today.Przemyslaw Radomski, CFAFounder, Editor-in-chiefSunshine Profits: Effective Investment through Diligence & Care* * * * *All essays, research and information found above represent analyses and opinions of Przemyslaw Radomski, CFA and Sunshine Profits' associates only. As such, it may prove wrong and be subject to change without notice. Opinions and analyses are based on data available to authors of respective essays at the time of writing. Although the information provided above is based on careful research and sources that are deemed to be accurate, Przemyslaw Radomski, CFA and his associates do not guarantee the accuracy or thoroughness of the data or information reported. The opinions published above are neither an offer nor a recommendation to purchase or sell any securities. Mr. Radomski is not a Registered Securities Advisor. By reading Przemyslaw Radomski's, CFA reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Przemyslaw Radomski, CFA, Sunshine Profits' employees and affiliates as well as members of their families may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.

The S&P 500 index topped the 4,400 level yesterday despite the ongoing Russia-Ukraine conflict news. Will the uptrend continue?The broad stock market index gained 1.86% on Wednesday following its Tuesday’s decline of 1.6%, as it fluctuated following last week’s rebound from the new medium-term low of 4,114.65. It was 704 points or 14.6% below the January 4 record high of 4,818.62. So the sentiment improved recently, but there’s still a lot of uncertainty concerning the ongoing Russia-Ukraine conflict news. Yesterday the index went slightly above the 4,400 level and it was the highest since Feb. 17.For now, it looks like an upward correction. However, it may also be a more meaningful reversal following a deep 15% correction from the early January record high. This morning the S&P 500 index is expected to open 0.6% higher following better-than-expected Unemployment Claims number release. However, we may see some more volatility.The nearest important resistance level remains at 4,400 and the next resistance level is at 4,450-4,500. On the other hand, the support level is at 4,300-4,350, among others. The S&P 500 index broke above the downward trend line recently, as we can see on the daily chart (chart by courtesy of http://stockcharts.com):Futures Contract Trades Along the Local HighsLet’s take a look at the hourly chart of the S&P 500 futures contract. On Thursday it sold off after breaking below the 4,200 level. And since Friday it was trading along the 4,300 mark. This morning it is trading along the local highs.We are maintaining our profitable long position, as we are still expecting an upward correction from the current levels (chart by courtesy of http://tradingview.com):ConclusionThe S&P 500 index will likely open 0.6% higher this morning. We may see more short-term fluctuations and obviously, the markets will continue to react to the Russia-Ukraine conflict news.Here’s the breakdown:The S&P 500 index bounced from the new low on Thursday after falling almost 15% from the early January record high.We are maintaining our profitable long position.We are expecting an upward correction from the current levels.Like what you’ve read? Subscribe for our daily newsletter today, and you'll get 7 days of FREE access to our premium daily Stock Trading Alerts as well as our other Alerts. Sign up for the free newsletter today!Thank you.Paul Rejczak,Stock Trading StrategistSunshine Profits: Effective Investments through Diligence and Care* * * * *The information above represents analyses and opinions of Paul Rejczak & Sunshine Profits' associates only. As such, it may prove wrong and be subject to change without notice. At the time of writing, we base our opinions and analyses on facts and data sourced from respective essays and their authors. Although formed on top of careful research and reputably accurate sources, Paul Rejczak and his associates cannot guarantee the reported data's accuracy and thoroughness. The opinions published above neither recommend nor offer any securities transaction. Mr. Rejczak is not a Registered Securities Advisor. By reading his reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Paul Rejczak, Sunshine Profits' employees, affiliates as well as their family members may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.

According to Savills, the e-commerce boom is continuing to drive demand for industrial and logistics assets across Europe, as new records were set for both levels of investment and leasing activity in 2021. In Poland, take-up in 2021 reached an all-time high and industrial assets accounted for over a half of the total investment volume. Some EUR 62bn was invested into industrial real estate across Europe, marking a 79% increase on the previous five year average. The UK (EUR 19.5bn) outperformed the rest of the continent and accounted for 31% of total investment activity. Germany (EUR 8.6bn), France (EUR 6.5bn) and Sweden (EUR 5.8bn) and the Netherlands (EUR 5.7bn) also recorded strong levels. Savills research also noted that investment into industrial assets accounted for 66% of European omnichannel investment in 2021, up from 47% in 2019, as investors were willing to pay premiums to gain exposure to the sector. “The trend for customers shifting to online shopping throughout the pandemic triggered the e-commerce boom, which has been a major catalyst for this sector’s growth,” comments Mike Barnes, Savills European Research. “So far it has shown little sign of slowing, even as restrictions have lifted and, as a result, the significant weight of capital targeting these assets has compressed prime yields by an average of 27bps to 4.20% over the last six months. Portugal, Spain and Finland have hardened by 50 bps each.” This demand is clearly represented by the unprecedented levels of leasing activity in the industrial sector across Europe last year, with take up reaching 38m sq m, 28% ahead of the previous five year average. Germany (8.6m sq m), the Netherlands (6.9m sq m) and the UK (5.1m sq m) drove the lion’s share of leasing activity, whilst Romania (+63%), France (+63%) and Spain (+62%) performed the strongest above their five year averages. Savills has observed that the record shortage of prime stock has driven upward pressure on rents, rising an average of 5% year on year. London (+25%), Dublin (+17%) and Prague (12%) were the fastest growing markets in 2021. Marcus de Minckwitz, Head of Industrial & Logistics, Savills EMEA, suggests, “Market fundamentals have been hugely favourable for the sector in recent years, and they will continue to underpin another strong performance for the year ahead. Our European Logistics Census last year indicated that 46% of occupiers anticipate that they will increase their warehouse floor space over the next 12 months, among the highest in the online retail sector. With such constrained supply, we expect to see increased development in the sector, despite rising construction costs, as well as appetite for assets in non-core locations as investors move up the risk curve in search of higher returns.” In Poland, take-up of industrial space in 2021 reached an all-time high of 7.35 million sq m with an 84% year on year increase in net absorption. Under construction space is 55% pre-leased before completion and vacancy rates have fallen to under 4%. With EUR 2.96 billion transacted, industrial assets accounted for over a half of the total investment volume recorded in 2021, representing a 15% increase year-on-year. John Palmer, Head of industrial Investment, Savills Poland, says: “The warehouse market in Poland is recording record-breaking figures. This trend is set to continue if not accelerate in 2022 and beyond. Investor appetite remains strong for both income producing assets and portfolios and forward funding of new developments.. Poland offers competitive labour rates, FDI incentives, an efficient planning and building permitting system; and all this is backed by growing domestic consumer spending. The dynamics of the occupier is changing with requirements increasingly focused on quality, sustainable and ESG focused properties, professionally managed by long-term landlords”.

PRESS RELEASE Warsaw, 23.02.2022Warsaw Chamber of Tax Administration has leased over 640 sq m. of office space with a 2000 sq m. square located next to the office building for its subordinate unit in the OKAM investment in Warsaw district of Żerań.The Chamber was looking for a location that would allow for the lease of both office space and a suitable area for customs clearance for the Customs Department VI in Warsaw, currently located in the Targówek district.These conditions were met by the warehouse, production and office complex located on the site of the former car factory at Jagiellońska Street in Warsaw.- The Chamber planned to relocate to a new office. However, the property also had to guarantee efficient logistics related to the customs clearance of goods. The infrastructure of the mixed-use complex in Żerań, its unique character on the scale of the entire Warsaw agglomeration, made it possible to fully meet the tenant's requirements. The profile of the investment allowed for a full consolidation and concentration the activities of the institution and its administration in one place - informs Piotr Szymoński, Director Office Agency at Walter Herz, the company which represented the landlord during the transaction.The new headquarters of the Customs Department VI in Warsaw and two organizational units of MCTO, they plan to move into next month, is located in a four-storey building, with a total of over 3100 sq m. of space.- Warsaw market offers many attractive spaces, which is why we feel all the more distinguished by the choice of our investment in Żerań by the Warsaw Chamber of Tax Administration. We hope that the office space leased by the Chamber along with the adjacent square will meet all of the current and future expectations of the organization. Our project in Żerań will also actively develop with our tenants and their needs in mind – says Arie Koren, CEO of OKAM City.OKAM investment in Żerań provides both office, retail and commercial space, as well as warehouse space, the height of which exceeds even 20 meters. It also has paved areas of high load capacity, intended for exhibition squares and parking lots.Most of the lease space in the complex is characterized by a great variety in terms of the offered parameters. - This makes the location a great choice for customers looking for space with different functions and non-standard dimensions in one investment - says Piotr Szymoński. The location provides direct access to the S8 route. The center of Warsaw can be reached within 20 minutes from the OKAM investment. Bus and tram stops as well as bicycle paths are located 250 m from the entrance to the complex. About Walter HerzWalter Herz company is a leading Polish entity which has been operating in the commercial real estate sector across the country. For nine years, the company has been providing comprehensive and strategic investment consulting services for tenants, investors and real estate owners. It provides extensive support for both public and private sector. Walter Herz experts assist clients in finding and leasing space, and give advice when it comes to investment and hotel projects.In addition to its headquarters in Warsaw, the company operates in Cracow and the Tri-City. Walter Herz has created Tenant Academy, first project in the country, supporting and educating commercial real estate tenants across Poland, with on-site courses held in the largest cities in the country. In order to ensure the highest ethical level of services provided, the agency introduced the Code of Good Practice. About OKAMOKAM Capital has been a leader among the real estate development companies for over 17 years. The company specializes in residential and commercial construction. OKAM portfolio includes 25 projects in 7 cities in Poland, such as Strefa PROGRESS in Łódź, INCITY and CITYFLOW in Warsaw district of Wola, MOKKA, VISTA and CENTRAL HOUSE in Mokotów, ARLET HOUSE in Ochota, ŻOLI ŻOLI in Żoliborz, BOHEMA - Strefa Praga in Praga Północ and 62 ha in Warsaw district of Żerań. In Katowice, the company is implementing investments in Dolina Trzech Stawów: DOM W DOLINIE TRZECH STAWÓW and INSPIRE. The assets of OKAM also include historic tenement houses in the center of Katowice as well as in Cracow.At the end of 2018, OKAM introduced the New Quality Policy as an expression of corporate social responsibility. Starting with the CENTRAL HOUSE investment, all OKAM residential investments will be equipped with pro-ecological and functional solutions supporting climate protection and improving the comfort of living, such as electric vehicle rental, bicycle rental, air purifiers, solar panels, systems for reusing rainwater, etc.

OVR Augmented Reality Platform has informed about migration on Polygon Blockchain. What are the reasons for this decision? What are the advantages of this solution? What are the benefits for users? OVR is Metaverse platform, which offers Augmented Reality (AR) solutions, gaming and virtual lands sales. It’s based on two kinds of tokens: OVR utility tokens based on ERC-20 standard and unique, non-fungible OVRLands NFTs, which represent virtual lands. At the beginning of January OVR informed on its blog about plans of migration from Ethereum blockchain to Polygon blockchain. In the same month the migration started. Polygon is used for solutions compatible with Ethereum. The platform was founded in 2017 in response to high transaction fees and slow speed of Ethereum network. Polygon network is very popular amongst developers of decentralized applications (Dapps), DeFi projects and games. Thanks to migration to Polygon transactions will be easier and cheaper. Users can now swap OVR Tokens on the Polygon implementation of Uniswap V3. Currently, gas fees are only 0.01$ per swap. Users can use the official Polygon Bridge application to move OVR tokens from Ethereum to Polygon and vice-versa. To do this, just connect a wallet to the dApp. If we have OVR tokens in our Ethereum wallet, the bridge will recognize them in the search field and we can perform the bridging. If we don’t have MATIC tokens to pay for gas on Polygon, we can use the official faucet to get them to trade on Polygon. MATIC is native token of Polygon network, which allows network payment and participation in the Proof of Stake consensus mechanism. OVR uses Polygon also to solve the problem of scalability in Ethereum. Scalability has been one of the most important issues for OVR since the beginning and the company was looking for the best solutions. Finally OVR decided to move to Polygon. Why has OVR chosen Polygon? The company informed on its blog, that there were many reasons for this decision. The most important of them are: transaction costs, decentralization trade-offs and project vision, current adoption, vicinity to the Ethereum ecosystem and EVM (Ethereum Virtual Machine) compatibility. On the other side, Polygon is very close to the Ethereum ecosystem, shares the same values, and has massive scalability and adoption. Currently, there are more active addresses on Polygon than Ethereum. Polygon offers the scalability, that OVR needs to make NFT minting. Another important advantages are low transaction costs, adoption and closeness to such well-known network as Ethereum. Another important issue may be also decentralization. In its current configuration, Polygon can be categorised as a Commit Chain, and its security model is highly reliant on the Ethereum infrastructure. OVR predicts that Polygon’s current adoption and market sentiment is good indicator that the future of the Polygon looks optimistic. Migration to Polygon The migration from Ethereum to Polygon has started. The changes are described in details on the OVR blog. In the first phase of migration, all new minting began to occure by default on Polygon. User experience (UX) remained not changed. On the primarily market Polygon network payments have been added to the Ethereum and BSC payments options. In this phase the secondary market remained not changed. In the second phase in February all of the OVRLands saved as Merkle Proofs on Ethereum have been minted to the owner’s wallets on Polygon. It’s over 24k different wallets that own more 700k OVRLands. This change will enable full decentralization and transparency of ownership of OVRLands. Light minting function will disappear, all of the purchased OVRLands will be directly minted as NFTs on Polygon. The secondary market will be fully decentralized and transactions between users will be exclusively intermediated by smart contracts. Owners of OVRLands already minted as NFTs on the Ethereum blockchain will be able to transfer them to Polygon. OVR will refund the gas costs for the transfers with OVR tokens. Low transaction costs will enable features that were impossible on Ethereum. Renting smart contracts will be implemented, allowing for the monetization of valuable OVRLands. The further development of Avatars, OVRMaps, and 3D objects will be continued, making them valuable assets in the Metaverse world. What’s next? Company has informed on its blog that in the near future will be introduced the following changes: - batch minting of all the light minted OVRLands - generation of a personal custoded wallet for users who registered without declaring one, - direct NFT minting of new primary market sales, - NFT bridge from Ethereum to Polygon, - fully decentralized secondary market. For now users can trade OVRLands tokens on OpenSea platform until the decentralized secondary market is ready. It will take place in the near future.

OVR is the Metaverse platform which combines blockchain technology and augmented reality. It allows to buy virtual lands and provides unusual experiences at the junction of two worlds. About OVR OVR is Metaverse platform for gaming, virtual retail, tourism, education and more. It is open-source, AR platform powered by Ethereum Blockchain. At the end of January OVR has informed about the beginning of migration on Polygon Blockchain. OVR platform is based on two kinds of tokens. OVR tokens are utility tokens based on ERC-20 standard. Unique, non-fungible OVRLands tokens are based on ERC-721 standard. OVRLands represent parcels stored inside a blockchain-based ledger. Every land has standard dimension of 300 square meters. They divide our planet into hexagons in virtual world. The total number of OVRLands is 1.660.954.464.112. Every land has precise geographical localization. Users can participate in OVRLand auctions with OVR fungible tokens. Every auction closes 24 hours after the last bid. If you are the winner, an NFT representing the OVRLand will be minted and sent to your wallet. Until now on the platform over 700 000 auctions have been closed and over 1800 are lasting. These values are still changing. On the platform we can buy virtual lands located on all the world. ŹródÅ‚o: OVR The OVR platform has also many another features and is still developed. Users can create avatars, explore various spaces in augmented reality and play games in play-to-earn model. Augmented Reality Augmented Reality (AR) is technology, which can add any type of content to the surrounding environment, creating the illusion that the real and the virtual elements coexist in the same space. It’s dimension, where everything is possible. Since 2018 there has been dynamic growth of Augmented Reality technologies. Technological giants such as Apple, Facebook and Google made major investments in this industry. According to the forecast published by IDC, augmented reality will play an important role in consumer industry and retail in the near future. The growing popularity of augmented reality is connected with the development of smartphones which can support this technology and smart glasses technologies, which can add information to what the wearer sees. According to data from IDC, the augmented reality market reached $11 billion in 2020 and can even reach $137 billion by the end of 2024. The graph below shows past and estimated future revenues of this industry. Source: IDC (https://www.idc.com/getdoc.jsp?containerId=prEUR146720420) AR experiences can range from static 3D content to interactive highly complex and hyper real scenes, which engage the user to an interaction with the surrounding world. OVR Tokens Users can buy OVR tokens from IBCO (Initial Bonding Curve Offering). Starting price is 0.07$ per one token. The more tokens are minted, the higher the price. The IBCO is both a primary and a secondary market, where you can buy and sell tokens. Buying is creating tokens, selling is burning tokens. The IBCO will never ends. It’s the warranty of liquidity for OVR token holders who can sell it in every moment. Users can also buy OVR tokens on Uniswap, MXC, Bitmart, Bilaxy or Loopring. It’s also possible by credit card, but this option is not available for China and US citizens. OVRLands Tokens If we have OVR tokens, we can participate in an OVRLand auction. The base price for an OVRLand auction is 10$ paid in OVR Tokens. OVR Tokens have a floor purchasing power of 0.10$, so regardless of the OVR Tokens price on the market, 100 OVR tokens will always have a minimum value of 10$ for buying OVRLand. Auctions last 24 hours, and the minimum price increase for consecutive bids on the same land is 2x. What is IBCO and how does it differ from ICO? Similarly as ICOs (Initial Coin Offerings), IBCOs also are used to finance crypto projects. IBCO is the solution to many problems of ICO, such as lack of transparency, liquidity and the prices of tokens established arbitrarily by the project promoters. Not always was also clear, if a promoter who has raised funds has actually spent them to finance the proposed project. This method of financing was high risk for investors. IBCOs are created with the aim of solving these problems. Nowadays a project can issue its token directly on a decentralized crypto exchange (DEX), such as Uniswap. Token can be issued by creating an exchange pair on a DEX or basing on customer solutions. This method of financing is often used by projects based on DAOs (decentralized autonomous organizations) that are controlled by token holders. In traditional ICO tokens are issued before being released on the market. In case of IBCO tokens will be minted if someone buys them or will be burned if someone sells them, so creating and burning of tokens depends on demand and supply. An example of such a project is OVR. How to buy a virtual land? Before users can participate in an OVRLand auction, they need to have a Metamask or Imtoken wallet with OVR tokens. If we don’t have it, we can buy OVR tokens through the OVR IBCO or swap it on Uniswap. The next step is to visit the OVR marketplace and click “connect wallet” on top. If it is our first time participating in the land auction, we need to register with our email address and nationality information. Then we need to check our inbox to confirm the email address. The next step – to increase the auction allowance - we only need to do once for the first time. It permits the smart contract to take the OVR tokens as payment from our wallet if we win the auction. After clicking on “Increase” a prompt from our wallet will ask for a confirmation. After a few minutes we should see the auction allowance number becoming 10000000. That means we can participate in auctions. The next step is to click Marketplace and select the land that we want on the map. We can also zoom in the map. Then we need to click on a point on the map or search the place by entering the name of the location). The next step is to open the bidding panel clicking on Init Auction or Place Bid. Then we insert the amount we want to bid for and confirm by clicking on Place Bid. Next we wait for 24 hours. If there is no other user with a better offer, we own our OVRLand NFT and will see the status of this auction as “closed”. If someone placed a higher bid, the auction would stay open for another 24 hours. We can always check our assets, clicking “My Assets”, where we can see the status of our ongoing land auction and our own OVRLands. Treasures in the virtual world The OVR platform can attract enthusiasts of games. “Treasure Hunt” is play to earn game. If we find treasure chest, we will earn OVR tokens. To play the game, we need to download the smartphone app and give the permission to use the camera. The app must find some key points in the environment to anchor the scene, in which the action takes place. OVRLive OVRLive allows to combine the user’s face photo with the selected avatar body. In this case the app also must find some key points in the environment to anchor the 3D scene, in which user can move and create interactions with friends. OVR Live Events Thanks to Augmented Reality, fans will be able to attend a live events, especially concerts and see their favourite artists perform at their home. The artist will be visualized through his hyper-realistic 3D avatar. His movements will be recorded and reproduced in real-time to recreate a live performance. Augmented reality will enable also interactions between the artists and another users. Polygon migration has started At the end of January OVR has informed about the beginning of migration on Polygon Blockchain. Polygon network payments have been added to the Ethereum and BSC payments options in the primary market. It allows to decrease transaction costs. When the migration is completed the changes will also be introduced on the secondary market. The changes include: batch minting of all the light minted OVRLands generation of a personal custoded wallet for users who registered without declaring one direct NFT minting of new primary market sales- NFT bridge from Ethereum to Polygon fully decentralized secondary market. About company OVRGLOBAL OÜ is a company based in Tallinn managing the issuing of OVR utility token. The company is regulated by the Estonian Financial Intelligence Unit and has a valid virtual currency services license FVT000345. OVR Team consists of Visionaries, Builders and Coders. The founder and CEO of the team is Davide Cuttini, who has wide experience in augmented reality, deep learning and blockchain technology. The team consists of over 20 people. Each of them makes a contribution to the development of the project. For more details of the project you can contact Telegram group: https://t.me/OVRtheReality

YouTube's Chief Product Officer Neal Mohan offers an inside look at this year's new products, tools, and features for our creators, viewers, and partners. Last year, I launched an Innovation series to give you an inside look into how our teams were working to redefine the video experience in 2021 and beyond. And it was quite a year for innovation at YouTube. We refreshed how viewers engage with content, from improving core experiences like search and the infrastructure that powers the platform to advancing across apps and formats like YouTube TV, YouTube Shorts and YouTube Music. We also introduced new ways for creators to make money and brought more choice for parents to guide their families' experiences. And along the way, we partnered with creators to empower them to do what they do best. Learn more on blog.youtube

CD PROJEKT RED announced today that Cyberpunk 2077 has just received its latest free update, introducing players to the next-gen Xbox Series X|S and PlayStation 5 version of the game, and further improving the original platform releases.   With Patch 1.5 — Next-Generation Update, Cyberpunk 2077 takes advantage of the additional power of the newest generation of console hardware, allowing for ray tracing features and 4K with dynamic scaling on Xbox Series X and PlayStation 5, faster loading times, and a variety of other visual and technical improvements. On PlayStation 5, the game will additionally utilize the DualSense controller's adaptive triggers and haptic feedback functionalities.   Watch the Patch 1.5 — Next-Generation Update Launch Trailer   The studio has released two gameplay footage videos from Xbox Series X and PlayStation 5. Players wishing to try out the game before purchase can do so courtesy of a free, time-limited next-gen trial available on Xbox Series X|S and PlayStation 5. The trial will be available for 30 days, until March 15th, 5 PM CET, and will allow players the option of continuing their adventure after purchase. Similarly, those who started their walkthrough on Xbox One and PlayStation 4 will be able to transfer their saved game states to the respective next-gen version. Details regarding the transfer process can be found on the update website.   Learn more about Patch 1.5 — Next-Generation Update   The new update also comes equipped with a host of changes and improvements across all versions of Cyberpunk 2077. These range from further performance and stability optimizations, to tweaks to gameplay and economy, the open world of the game, map usage, along with new interactions for relationships and an overhauled Fixer system. Furthermore, new pieces of free additional content have also been introduced, including rentable apartments, new gear, character customization options, and more. Details regarding the new content are available here. View list of changes for Patch 1.5   Following the release of Patch 1.5 — Next-Generation Update, Cyberpunk 2077 is now available Xbox Series X|S and PlayStation 5 as a free upgrade for current owners of the Xbox One and PlayStation 4 versions, as well as a standalone digital purchase. The game, along with Patch 1.5, is also available on Xbox One, PlayStation 4, Stadia, and PC. For more information regarding the game, please visit cyberpunk.net.   Source: CDProjekt

Do you ever wonder how Google understands what you’re looking for? There’s a lot that goes into delivering helpful search results, and understanding language is one of the most important skills. Thanks to advancements in AI and machine learning, our Search systems are understanding human language better than ever before. And we want to share a behind-the-scenes look at how this translates into relevant results for you. But first, let's walk down memory lane: In the early days of Search, before we had advanced AI, our systems simply looked for matching words. For example, if you searched for “pziza” — unless there was a page with that particular misspelling, you’d likely have to redo the search with the correct spelling to find a slice near you. And eventually, we learned how to code algorithms to find classes of patterns, like popular misspellings or potential typos from neighboring keys. Now, with advanced machine learning, our systems can more intuitively recognize if a word doesn’t look right and suggest a possible correction. Full article available on blog.google

Climate change will affect the UK economy, including the financial system. Our job is to keep the financial system stable as the UK moves to a net zero economy. So we work to: build the resilience of UK banks and insurers  tackle risks that emerge from the move to net zero  support the global effort on climate change   Why is it important that banks and insurers manage risks that climate change brings?  Climate change increases the risks for companies that provide loans or insurance for people. It’s important they manage these risks or their businesses could be left exposed. Let’s take a company that provides insurance against flood damage. It’s likely that climate change will mean more floods, and more of those floods are likely to be severe. So companies providing this may need to pay out more to their customers. And that could leave the insurer exposed. There’s also risks for banks. Let’s say a bank has lent money to a coal mining company. The government might introduce new climate rules that restrict coal mining. Or it may make it more expensive to mine coal. If that happened, the coal mining company could default on its loan. And that could leave the bank exposed. We want to make sure banks and insurers in the UK identify risks like these and manage them well. To help them be more prepared, we’ve set out what they can do to manage their risks better. Learn more on BankOfEngland.co.uk

We discuss combining sign restrictions with information in external instruments (proxy variables) to identify structural vector autoregressive (SVAR) models. In one setting, we assume the availability of valid external instruments. Sign restrictions may then be used to identify further orthogonal shocks, or as an additional piece of information to pin down the shocks identified by the external instruments more precisely. In a second setting, we assume that proxy variables are only ‘plausibly exogenous’ and suggest various types of inequality restrictions to bound the relation between structural shocks and the external variable. This can be combined with conventional sign restrictions to further narrow down the set of admissible models. Within a proxy-augmented SVAR, we conduct Bayesian inference and discuss computation of Bayes factors. They can be useful to test either the sign or IV restrictions as overidentifying. We illustrate the usefulness of our methodology in estimating the effects of oil supply and monetary policy shocks. Learn more and review the full working paper on BankOfEngland.co.uk

The battle for investment land is still going on, and the lack of attractive assets feels more and more severe. This applies to all large cities in Poland. For a long time, no matter the place, the investment land has not been easily available. In contrast, there are both plenty of people willing to buy land, as well as free funds to finance these purchases. The money surplus is enormous. Investors are trying to invest their capital in land as soon as possible, for fears of inflation. Although the peak shopping spree, often associated with really risky decisions, has already passed, the situation continues to bear resemblance to the one we remember from the years 2007-2008, when everything was selling like hot cakes, at rapidly rising prices. The appearance of new investors has shortened the sale process of attractive lands, which now usually closes within 3 months. In turn, the difficulty is the highly overestimated value of many plots of land or the unregulated ownership status of the property. The owners of land are also very reluctant to reserve the land through conditional or preliminary purchase agreements without deposit (earnest money). Maximizing profits through investments in land There are many companies willing to invest in land, despite the prices of land in some locations are growing in a blistering pace. The greatest shortage occurs in case of large plots for housing development in well-connected parts of cities. When the interesting plots of up to 5,000 m2 of residential and usage space appear on the market, even several companies compete for it. The larger the plot, the lower the number of competitors. Over the last two years, rates on the investment land market have increased by several dozen percent, depending on the location. Prices for 1 m2 of residential and usage space in attractive places in Warsaw or Krakow jumped by as much as 60 percent. Investors, for fear of further increases, buy land to increase their future profits. They are not deterred by soaring construction costs and time-consuming administrative procedures. The purchase of land can be financed in a number of ways. Many transactions are based on loans, many is financed from ongoing development activities, and some from issuance of bonds.   The pro-ecological, high standard housing estates, in unique location, turned out to be a hit among housing investments in the last year. The recent changes have translated into the demand for flats in recreational and tourist-attractive locations. The demand for land for residential buildings is further increased by the investments into premises for institutional quality lease. More and more development companies are involved in this type of projects, despite the lower margin. The share of the Private Rented Sector (PRS) in the sale of apartments as registered in 2021 by listed entities has already increased to over a dozen percent. Warehouses, warehouses everywhere As in case of housing developments, we can talk about very high demand for land for the planned warehouse and industrial investments. Wherever we see changes, road infrastructure improvements or express roads planned for construction, the land is immediately secured with preliminary contracts. It is easier to find plots for logistics projects, as investments in this sector are also carried out in greenfield areas located outside the administrative borders of cities. Therefore, both the greater supply and less competition from investors looking for land for investments in residential or service and commercial sectors. The land in required for both large-format investments with an area of ​​several dozen or over 100 thousand m2, as well as the so-called last mile warehouses and smaller municipal facilities. Investors from the warehouse sector are primarily interested in plots located near logistics hubs and in the vicinity of the largest cities, as well as plots located in smaller towns due to the rapidly growing online sales. The warehouse market is currently experiencing a period of the development of speculative investments. The companies are not afraid to perform such projects, as the demand for warehouse space has never been growing so fast as now, and there is practically no free warehouses space available. This is largely related to the growth of the e-commerce market, which is expected to grow further in value in the coming years, at the average rate of several per cent per annum. Moreover, the change of the transport structure, shortening the supply chains or the growing demand for buffer areas, where inventories are stored, also affect this demand. Similarly, the warehouses generate over half of the transaction volume on the investment market in Poland. Year by year, the logistics and industrial sectors are increasing their market share, reaching new highs. Our market is the point of interest of foreign capital from Europe, mainly from Germany, as well as North American and Asian companies. Shares of small shopping centers are going up Developers also share a keen interest in the construction of retail parks. The format now brings together as many as three-quarters of new investments in the retail sector. Retail parks, just like warehouses, have attracted more and more attention of funds and capital groups as investment assets. Although in Poland in 2021 the retail space has increased by 300,000 m2, with the same amount currently under construction, 70 percent of which being the retail parks, unfortunately there is still a shortage of this commodity. Hence, one-third of transactions for the purchase of commercial real properties from the last year concerned older-generation properties, dominated by properties owned by Tesco. The recent popularity of retail parks and convenience centers has resulted in the increased interest of the investors to perform such projects. Investors often enter into these investments in order to diversify their real properties portfolio. However, of course there are also entities on the market that specialize only in this format. The advantage of projects related to the construction of retail parks is that their construction process can be completed within 18 months, and the entry threshold is much lower in comparison to larger projects. In case of these projects, investors are looking for land mostly in smaller cities up to 100,000 or even 50,000 residents, in which market saturation is not too high. Land in such locations is much cheaper than in the largest cities, which also translates into higher investment profitability. The most attractive plots of land for new projects are located in areas which can potentially be visited also by residents of the surrounding boroughs. In case of retail parks, the key to ensuring satisfactory returns on investment is to include in the list of tenants a popular foodstuff chainstore. This is not only one of the most important reasons for visiting a shopping center, but also influences the image of the facility. An interesting trend that we can observe recently is the appearance of new brands in retail parks, often boutique brands, that have never been present in such facilities before. Land - the star of the investment market The high activity on the investment land market is also evidenced by the transactions carried out in 2021 by LBC