ARTICLES IN Residential TOPIC

18
Nov
2019

New home sales grow further in Warsaw

by Property Forum
Sales numbers for new housing units in Warsaw in the first three quarters of 2019 amounted to 17,500, which was an increase of 7% y-o-y. In 7 out of 18 districts in the capital, the average prices of units on offer exceeded €2,500 (PLN 11,000) per sqm, according to JLL.
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04
Nov
2019

AFI Europe to develop 300 apartments in Bucharest

by Property Forum
AFI Europe Romania intends to build 300 apartments on its 4.3-hectare land plot adjacent to the AFI Park office building and the AFI Cotroceni shopping centre, economica.net reported.
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31
Oct
2019

One United Properties gets permit for Bucharest mixed-use project

by Property Forum
Romanian real estate developer One United Properties has obtained the building permit for the One Verdi Park mixed-use project that will include office and residential units.
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28
Oct
2019

Strong growth on Budapest’s Airbnb market

by Property Forum
Similarly to 2017, the Airbnb activity in Budapest showed strong growth (25% y-o-y) in overnight stay in 2018 as well, exceeding 1.8 million. This figure reached 70% increase by the end of last year since 2016, says the latest Budapest city report on Airbnb released by Colliers International and Hotelschool The Hague.
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24
Oct
2019

Poland’s residential market continues to boom

by Property Forum
Sales of new apartments measured jointly for the six largest markets in Poland increased by 6% q-o-q, according to JLL. The late boom in Poznań and Łódź means records may be broken by the close of the year.
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10
Oct
2019

NEPI Rockcastle to develop apartments in Romania

by Property Forum
NEPI Rockcastle plans to develop residential projects around the shopping centres it owns in Romania. The company will develop apartment buildings in five cities: Brașov, Bucharest (around Mega Mall and Vulcan), Râmnicu Vâlcea, Satu Mare, and Timișoara.
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10
Oct
2019

Cordia plans further expansion in Poland

by Property Forum
Cordia continues to expand in Poland: after Warsaw, Krakow and Gdansk, Hungary’s leading apartment developer has entered the market of Sopot, the seaside resort as well, planning to build on the street named after the Polish-Hungarian Friendship Day. With this, the company – having already completed more than 1000 apartments – plans to build some 2600 additional homes across 17 projects in the promising market of the four Polish cities over the following four years.
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07
Oct
2019

Gran Via completes Bucharest project

by Property Forum
Spanish-based developer, Gran Via Real Estate, completed the residential project Aviatiei Apartments with 291 units in Bucharest, followinga total investment of €17 million (construction cost, without land value).
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23
Sep
2019

Resi4Rent receives first use permit in Poland

by Property Forum
Resi4Rent, the first institutional privately-run platform of apartments for rent in Poland, has been granted a use permit to its first building at Rychtalska street in Wrocław. Fitting-out works of apartments are in progress and soon residents will move into the building.
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19
Sep
2019

Cordia plans further expansion in CEE

by Property Forum
Cordia is now increasing its capital exports and foreign investments. In addition to the Romanian and Polish market, the company also has presence in Spain with a pilot project. All of this fits into Cordia’s strategy to become a dominant property developer at European level, while maintaining Hungary's key role in the company’s operation.
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