News - Speedwell inks financing deal with BT for apartments in Bucharest
14
Dec
2021

Speedwell inks financing deal with BT for apartments in Bucharest

by Property Forum
Property developer Speedwell has signed a new financing agreement with Banca Transilvania and received an €8 million loan for Phase 2 that is currently under construction and the future Phase 3 of the Triama Residence project in Bucharest. 
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News - Akcent Development invests €75 million in Bucharest apartments
14
Dec
2021

Akcent Development invests €75 million in Bucharest apartments

by Property Forum
Romanian Akcent Development will invest around €75 million in Akcent City, a new residential project with 810 apartments located in the Bucureștii Noi area of northern Bucharest. 
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News - Prima Development Group invests €40 million in Oradea apartments
14
Dec
2021

Prima Development Group invests €40 million in Oradea apartments

by Property Forum
Romanian Prima Development Group will invest around €40 million in Green Residence, a new residential project in Oradea comprising over 800 apartments. 
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News - White Star Real Estate to add apartments in Cluj project
13
Dec
2021

White Star Real Estate to add apartments in Cluj project

by Property Forum
Property developer White Star Real Estate says it has obtained the building permit for Liberty Residential, which will be integrated in Cluj Napoca-based Liberty Technology Park. 
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News - New home prices in Budapest rise 8% in 3 months
13
Dec
2021

New home prices in Budapest rise 8% in 3 months

by Property Forum
The price of newly built homes in Budapest rose more than 8% in the three months between August and November and the average price per square metre is now nearly HUF 1.1 million (€3,000), Eltinga’s latest Budapest Housing Report shows. Below is a breakdown of new home prices by district.
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News - Skanska starts construction of residential complex in Warsaw
10
Dec
2021

Skanska starts construction of residential complex in Warsaw

by Property Forum
Skanska has started the construction of the first stage of the NU! Warszawa Wola, comprising 145 apartments. The completion of the investment is scheduled for the last quarter of 2023.
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News - Kid Group invests €35 million in Bucharest apartments
09
Dec
2021

Kid Group invests €35 million in Bucharest apartments

by Property Forum
Kid Group has kicked off the development of a new residential complex in northern Bucharest following an investment of €35 million. 
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News - Alesonor secures construction permit for villas near Bucharest
08
Dec
2021

Alesonor secures construction permit for villas near Bucharest

by Property Forum
Property developer Alesonor says it has obtained the construction permit for the first villas of Amber Forest complex it will develop in the suburbs of Bucharest. 
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News - CTP completes residential project in Brno
30
Nov
2021

CTP completes residential project in Brno

by Property Forum
CTP officially opened two more buildings in Brno for young local and expatriate professionals and young families. Both buildings can accommodate more than 200 individuals and are follow-ups to the successfully established Domeq I, which the company launched in Brno about four years ago. Due to their larger rooms, the two new buildings are designed to be more for individual residential living rather than co-living, as was the case for Domeq I.  CTP continued this residential project in response to the current high demand in the housing market that is not just seen in Brno, but the whole country.
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News - Impact Developer & Contractor secures €4.25 million loan
30
Nov
2021

Impact Developer & Contractor secures €4.25 million loan

by Property Forum
Romanian Impact Developer & Contractor says it got a loan of €4.25 million with a 4-year maturity from Garanti Bank to finance its working capital.
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Latest news


New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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