The value of construction works launched in three months rose in Q1 2024, Activity-Start hasn’t been so high in the last six quarters. EBI Construction Activity Report Q1 2024 measured the total value of started construction works at HUF 807 billion. Looking at the period between 2018 and 2023, there were very only five quarters when Activity-Start surpassed this number. At constant prices, Q1 2024 was also considered good when looking at the period since June 2022. Nevertheless, when compared to the period between 2018 and H1 2022, it fell into the lower range.

Property Forum is proud to be supporting workcloud24 with an upcoming business breakfast titled “ESG Regulation in Practice”. Hosted on May 21st at New Work Tulipan, this free event offers a unique opportunity for landlords, asset managers, tenants, and real estate brokers to explore the latest trends in ESG practices. Learn about ESG reporting, building automation, and the future of sustainable office spaces.

Romanian developer One United Properties recorded a profit growth of 3% to €31.6 million in Q1 2024 versus the same period of last year, while its turnover fell by 5% to €84.3 million in the same interval.

CTP has marked the third anniversary of its listing on the Euronext Amsterdam stock exchange, which at the time was the largest real estate IPO in Europe since 2014. The subsequent three years from CTP's listing in March 2021 have been a time of accelerated growth for the company, highlighted by a 103% increase in GLA from 5.9 million sqm to 12.0 million sqm across CTP's European portfolio and 162% growth in its landbank, from 8.8 million sqm to 23.1 million sqm, thereby locking in future expansion by enabling CTP to develop more space to meet strong demand.

The path to cheaper mortgages, and more affordable housing, is still not easy in the Czech Republic. According to the Swiss Life Hypoindex, the average offer rate of mortgage loans in the Czech Republic has reached 5.52% p.a.

More real estate deals will be closed once central banks start to cut interest rates, while Romania is still seeing investment geared towards sustainability in its commercial and residential sectors, concluded speakers of the dealmakers panel of Property Forum’s Spring Networking Party, held in Bucharest.

The headline RICS Global Commercial Property Sentiment Index (CPSI) for Q1 2024 stands at -10 which is the least downbeat reading since Q2 2022. In addition, the less negative tone across the aggregate results is coming through both on the occupier and investor sides of the market.

Banks are starting to ask from the first stage about the sustainability targets of real estate projects, while EU rules are shaping the reporting framework, concluded speakers of the construction and property development panel of Property Forum’s Romania ESG Forum held in Bucharest.

Professional mobility, internal migration, issues related to adaptation in a new country, search for flexible housing solutions while waiting for better availability of mortgage loans - these are the current challenges for the rental market in Poland. Is the PRS sector responding to these new social phenomena, and how? Resi4Rent presented the results of its latest survey.

Bratislava Research Forum has announced the results of office market figures for Q1 2024. Data are showing stable results and the good news is that more than 40% of the stock is sustainable and green-certified.