News - Resi sales in Romania up 16% in H1 2024
07
Jul
2024

Resi sales in Romania up 16% in H1 2024

by Property Forum
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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News - Bucharest sees 27% gain in resi sales during June 2024
07
Jul
2024

Bucharest sees 27% gain in resi sales during June 2024

by Property Forum
Residential sales in Bucharest were up 27% in June 2024 compared to the same month of last year.
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News - Prime Kapital kicks off new resi phase in Iași project
05
Jul
2024

Prime Kapital kicks off new resi phase in Iași project

by Property Forum
Prime Kapital has started the development of the third residential phase of its mixed-use scheme Silk District in Iași.
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News - AFI CEO: Remote work is a decreasing trend
05
Jul
2024

AFI CEO: Remote work is a decreasing trend

by Ovidiu Nicolae
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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News - Catinvest invests €36 million in ElectroPutere Parc extension
04
Jul
2024

Catinvest invests €36 million in ElectroPutere Parc extension

by Property Forum
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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News - We anticipate continued strong resi demand in Bucharest and regional cities
04
Jul
2024

We anticipate continued strong resi demand in Bucharest and regional cities

by Property Forum
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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News - Speedwell enters into Warsaw market with its first PBSA project
04
Jul
2024

Speedwell enters into Warsaw market with its first PBSA project

by Property Forum
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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News - Penta and Kaprain finish resi project in Prague
04
Jul
2024

Penta and Kaprain finish resi project in Prague

by Property Forum
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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News - New Czech Building Act becomes valid with struggles
04
Jul
2024

New Czech Building Act becomes valid with struggles

by Property Forum
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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News - Accolade sells out green bonds worth €240 million
03
Jul
2024

Accolade sells out green bonds worth €240 million

by Property Forum
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


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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