ARTICLES IN Residential TOPIC

22
May
2020

Hagag sells 60% of units in Bucharest residential project

by Property Forum
Real estate developer Hagag Development Europe has completed the structure of the first three buildings related to the first phase of the large-scale residential project H Pipera Lake. Construction works for buildings 4 and 5 reached the ground floor. Out of the total number of apartments available in the first three buildings, 60% have already been sold
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21
May
2020

Rock Development starts €30 million resi project in Bucharest

by Property Forum
Local real estate developer Rock Development, controlled by a subsidiary of UniCredit Group, has launched the construction of the Avrig Park Residence residential project in Bucharest’s Bucur Obor area.
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07
May
2020

Gran Via to reopen sales offices

by Property Forum
Spanish developer Gran Via Real Estate announced that starting 18 May, it will reopen the sales offices for its ongoing four residential projects: Timișoara 58, Gran Via Park, and Aviației Apartments in Bucharest, as well as Gran Via Marina in Constanța.
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06
May
2020

Romanian developer plans €70 million mixed-use project in Mamaia

by Property Forum
Romanian real estate developer Nordis Group is planning a mixed-use project in the northern area of Mamaia, Romania’s most popular seaside resort. The developer will allow people to invest in hotel rooms that they can use for one week each year. The developer promises an annual yield of 7% of the invested sum, paid in 12 monthly instalments.
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05
May
2020

Hungary's residential property market hits low point in April

by Property Forum
There were 5,971 residential property deals made in Hungary in April 2020, according to the latest monthly transaction estimate by real estate group Duna House. The last time the monthly figure was this low was at the low point of the previous crisis in 2013. Meanwhile, weekly data suggest that we are past the trough as the market picked up slightly in the second half of the month.
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30
Apr
2020

House prices fall in Budapest for the first time since 2013

by Property Forum
While house prices in Budapest rose 14.1% year-on-year in the fourth quarter of 2019, they fell 2.0% in nominal terms on a quarterly basis, the National Bank of Hungary (MNB) reported. The central bank has not recorded a q-o-q drop in house prices since Q4 2013.
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29
Apr
2020

One United completes structure of Bucharest tower

by Property Forum
Romanian developer One United Properties has completed the structure of its One Herăstrău Towers mixed-use project, which will include 139 residential units, in addition to offices and commercial space on 5,055 sqm. The project is 85% pre-contracted ahead its completion planned before the end of the year.
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29
Apr
2020

Poland’s PBSA stock set to double by 2023

by Property Forum
Interest in investments in the private student housing sector in Poland is constantly growing. Investors see this market as highly absorptive, which currently satisfies less than 10% of the demand for student accommodation. Significant advantages include forecasts concerning the constantly growing number of foreign students in Poland and attractive rates of return on investment, according to a new report prepared by ThinkCo in cooperation with Golub GetHouse.
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27
Apr
2020

Opus Land buys 15.6 ha development plot in Bucharest

by Property Forum
Opus Land Development, the developer of the Cosmopolis residential complex, completed the acquisition of a 15.6 ha piece of land located in the immediate vicinity of the project. Last year the developer purchased a 10 ha lot in the area.
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24
Apr
2020

Kajima progresses with construction of Student Depot Gdańsk

by Property Forum
Construction of the new Student Depot student housing block in Gdańsk is going faster than planned despite the challenges created by the global COVID-19 pandemic, owner Kajima reports. The facility is due to be complete in the summer, ready to welcome its first students in September 2020.
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