07
Jul
2024
Jul
2024
Resi sales in Romania up 16% in H1 2024
More than 77,200 homes were sold in Romania during H1 2024, up by 16% compared to the same period from 2023, while in Bucharest-Ilfov area the growth stood at 25%, according to a report by SVN Romania based on official statistics.
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07
Jul
2024
Jul
2024
Bucharest sees 27% gain in resi sales during June 2024
Residential sales in Bucharest were up 27% in June 2024 compared to the same month of last year.
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05
Jul
2024
Jul
2024
Prime Kapital kicks off new resi phase in Iași project
Prime Kapital has started the development of the third residential phase of its mixed-use scheme Silk District in Iași.
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05
Jul
2024
Jul
2024
AFI CEO: Remote work is a decreasing trend
Doron Klein, CEO of AFI Europe Romania and Czech Republic, spoke with Property Forum about the increasing trend of employees returning to the office and the company’s first build to rent project in Romania.
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04
Jul
2024
Jul
2024
Catinvest invests €36 million in ElectroPutere Parc extension
French real estate group Catinvest is investing €36 million in the extension of ElectroPutere Parc in Craiova, which has reached over 100,000 sqm of retail spaces.
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04
Jul
2024
Jul
2024
We anticipate continued strong resi demand in Bucharest and regional cities
Vlad Musteață, CEO of North Bucharest Investments, spoke with Property Forum about the trends recorded in the agency’s Bucharest-based residential portfolio and its plans to expand in other Romanian cities.
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04
Jul
2024
Jul
2024
Speedwell enters into Warsaw market with its first PBSA project
BPI Real Estate Poland in partnership with Acteeum Group has sold a site in Warsaw to the Romanian-Belgian real estate developer Speedwell. With this acquisition, Speedwell enters the Polish market and announces the development of its first student housing project in Poland.
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04
Jul
2024
Jul
2024
Penta and Kaprain finish resi project in Prague
The Victoria Palace building on Vítězné Square in Prague has received valid building use approval. The project developed by Penta Real Estate and Kaprain has been designed with 92 high-end apartments and retail units on the ground floor.
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04
Jul
2024
Jul
2024
New Czech Building Act becomes valid with struggles
Construction management in the Czech Republic is entering a new, digital era. The long-awaited change has not been easy. Having not enough time to get acquainted with the new regulations and digital systems, both sides, building authorities and builders are struggling, reports E15.cz.
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03
Jul
2024
Jul
2024
Accolade sells out green bonds worth €240 million
The Industrial parks investor Accolade has issued green bonds in the Czech currency. The planned issue of CZK 1.5 billion (€120 million) has been sold out within a week.
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Latest news
- Alides and Revive sell Imperial Shipyard site to Develia
- Logicor reaches full occupancy at Alligator Park in Budaörs
- Fiege expands 21,000 sqm across three Panattoni parks
- Optimism prevails in CEE real estate as geopolitical risk looms large
- Property Forum appoints Irina Gasson as Chief Growth Officer to accelerate European expansion
- Hungary's residential market surges 32% in March
- Genesis Property gets green certification for Yunity Park building in Bucharest
- Arete sells Slovak industrial park to Erste fund
- ULI Poland invites market to conference on new balance of forces shaping real estate
- How is agentic AI turning into real estate’s new operating advantage
New leases
- Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
- Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.
- Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.
New appointments
- NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
- Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
- PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
