Private equity fund Főnix wants to take control of a financial investment firm that manages the construction of several hundred homes and office towers within the BudaPart mixed-use project in Budapest.

The first quarter of the year in BNP Paribas Real Estate Poland was marked by internal promotions. A total of 9 commercial real estate experts who advise clients on a daily basis, working in office, industrial and logistics leasing departments, as well as in property management, investment markets and design consultancy departments, climbed a step up the career ladder.

Arcadis is changing the ownership and as of April is owned by its current management in the Czech Republic. The new name of the company is now Grinity, the company announced.

InteRo Property Development, owned by the Canadian Topolinski investors family, will the start the construction of its first premium residential project and a villas complex with a combined value of €54 million. 

The used cars platform operator Spotawheel has leased over 800 sqm of office space and an additional 11,000 sqm showroom outdoor space in the Sema Parc - Paris building, which is developed by River Development.

As a result of the war in Ukraine, almost all companies are dealing with completely new situations and facing unexpected problems. The experts of the first panel of Bratislava Property Forum 2022 discussed how investment strategies have to adapt to the new situation.

Consulting company Walter Herz has been selected as the sole agent responsible for the commercialization of space in the Blue Office complex, which is a complementary office part of Blue City mall in Warsaw.

Inspired by its parent company, UBM Development Czechia wants to use more ecological elements in its future construction in the Czech Republic and thus strengthen the trend of sustainable construction. One of them is eco-friendly wooden structures, the company announced today.  

Asking prices for apartments in Romania were up by 3.8% in March compared to the previous month to an average €1,654 per sqm, according to data by Imobiliare.ro platform. 

In Q1 2022, leasing activity in the Warsaw office market reached its highest ever first-quarter total and the vacancy rate began to show a downward trend, reveals real estate advisory firm Newmark Polska in its latest report “Office Occupier – Warsaw Office Market”.