ARTICLES IN Residential  TOPIC

News Poland’s premium real estate market estimated at €840 million
05
Feb
2025

Poland’s premium real estate market estimated at €840 million

by Property Forum
The Polish luxury real estate market is relatively young, with its assets constituting only a small percentage of the overall housing market, while the value of this niche stands at around PLN 3.5 billion (€840 million), according to a Walter Hertz report. 
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News Penta receives loan to complete resi project in Prague
31
Jan
2025

Penta receives loan to complete resi project in Prague

by Property Forum
Penta Real Estate and Komerční Banka have agreed on financing the construction of the residential project Mocca Residence. The credit is corresponding to the costs to be invested in the project by Penta. 
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News Cresco moves ahead with resi project in Prague
30
Jan
2025

Cresco moves ahead with resi project in Prague

by Property Forum
The foundation stone of the second stage of the SO-HO Rezidence by Cresco has been laid in Prague's Holešovice.
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News Walter Herz expands in Poland with luxury resi division
29
Jan
2025

Walter Herz expands in Poland with luxury resi division

by Property Forum
Walter Herz has launched a new department specialized in the high-end residential segment in Poland, which will be led by Katarzyna Goryszewska as Head of Luxury Residential Agency.
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News Penta Real Estate and Archdiocese of Prague cooperate in rental housing development
29
Jan
2025

Penta Real Estate and Archdiocese of Prague cooperate in rental housing development

by Property Forum
Penta Real Estate and the XPlace platform owned by the Archdiocese of Prague, have decided to continue their cooperation in developing rental housing. XPlace has agreed to acquire two apartment buildings with 62 residential units in the Nová Waltrovka in Prague 5. 
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News Cordia aims to complete over 1,000 apartments in Budapest this year
28
Jan
2025

Cordia aims to complete over 1,000 apartments in Budapest this year

by Property Forum
Hungarian developer Cordia plans to add over 1,000 apartments this year, in Budapest, with three-quarters of this supply hitting the market in the first quarter alone. This expansion will increase the availability of new homes in the city by 20% compared to the end-of-year stock.
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News Penta Real Estate and Engine Prague Development join forces
24
Jan
2025

Penta Real Estate and Engine Prague Development join forces

by Property Forum
Penta Real Estate is planning to continue its development activities in Prague 6, in the Veleslavín area. For this purpose the developer is establishing a joint venture with Radek Pokorný and his new development group Engine Prague Development. 
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News Poland's PBSA market continues to attract new entrants
24
Jan
2025

Poland's PBSA market continues to attract new entrants

by Property Forum
Poland is one of the six largest higher education centres in Europe, ranking fifth in student population within the European Union and attracting an increasing number of international students. How many beds are available in the country’s student houses? How likely is private purpose-built student accommodation to meet the growing demand from the rising student population? These questions are explored in the latest report from BNP Paribas Real Estate Poland.
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News KÉSZ Group resi project in Bucharest reaches 27% sale rate
22
Jan
2025

KÉSZ Group resi project in Bucharest reaches 27% sale rate

by Property Forum
KÉSZ Group has announced that its Corallis residential complex in Bucharest has already sold homes amounting to around €11.5 million, which accounts for 27% of the whole residential stock in the project. 
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News Geosan sees green light for resi development in Prague
20
Jan
2025

Geosan sees green light for resi development in Prague

by Property Forum
Geosan Development has received building permission for its new housing project Benkova Residence in Chodov, Prague. The boutique project includes two villas.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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