News - Cloud 9 in Bucharest reaches 85% sell rate
29
Sep
2021

Cloud 9 in Bucharest reaches 85% sell rate

by Property Forum
Akcent Development’s Cloud 9 residential project in northern Bucharest reached 700 units sold by the end of August out of 820 apartments available in the complex. 
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News - White Stone buys large plot in the northern part of Warsaw
24
Sep
2021

White Stone buys large plot in the northern part of Warsaw

by Property Forum
The White Stone Capital Group has purchased the second part of the land in Bielany in the vicinity of Huta Warszawa, at the Młociny metro station. In total, the developer owns a plot of land with an area of ​​200,000 sqm in its portfolio. Work is underway on the concept of creating a multi-stage multi-functional investment with a rich green area preserved.
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News - Novum Business Invest puts €90 million in Bucharest resi project
22
Sep
2021

Novum Business Invest puts €90 million in Bucharest resi project

by Property Forum
Property developer Novum Business Invest has kicked off the development of a new residential compound in Bucharest with an estimated investment value of more than €90 million. 
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News - Cordia completes its tallest residential building
20
Sep
2021

Cordia completes its tallest residential building

by Property Forum
Hungary-based developer Cordia completed the 54.5-metre-high Horyzont Praga in Warsaw, which is the highest-ever residential building of the company. Hungary's leading residential property developer plans to develop 3,500 homes in Poland, in addition to the nearly 900 homes currently under construction.
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News - Students in Romania look for healthier accommodation
17
Sep
2021

Students in Romania look for healthier accommodation

by Property Forum
Private campuses are becoming an increasingly popular option for students across Romania, and they are looking for accommodation facilities that protect their health, according to representatives of Genesis Property, the owner of West Gate Studios campus and the 4-star Studio One Accommodation Suites. 
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News - Hagag completes residential project in central Bucharest
16
Sep
2021

Hagag completes residential project in central Bucharest

by Property Forum
Hagag Development Europe says it has received the completion certificate for its residential project H Victoriei 139 in central Bucharest. 
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News - Zacaria to start residential projects in Romania
16
Sep
2021

Zacaria to start residential projects in Romania

by Property Forum
Property developer Zacaria says it will start residential investments in three Romanian cities after it partially sold its local industrial portfolio to CTP.
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News - Crestyl starts construction of first Polish project
14
Sep
2021

Crestyl starts construction of first Polish project

by Property Forum
Following the acquisition of Polish residential developer Budimex Nieruchomości - now renamed Spravia - construction of its first project has begun with its new owner, Czech developer and investor Crestyl. The two phases of the Mińska 69 residential complex in Warsaw will offer nearly four hundred apartments for long-term rent. Based on a previously concluded strategic partnership, they will be bought by Heimstaden Bostad, one of Europe’s leading residential real estate rental companies.
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News - Romanian residential prices up 2% in August
08
Sep
2021

Romanian residential prices up 2% in August

by Property Forum
Asking prices of apartments in Romania were up 2% in August compared to the previous month to €1,508 per sqm, according to property portal Imobiliare.ro. 
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News - Resi4Rent completes Poznań project
07
Sep
2021

Resi4Rent completes Poznań project

by Property Forum
The construction of the Resi4Rent project in Poznań has been completed. Less than two weeks after obtaining a use permit, 30 rental contracts have already been signed.
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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • 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.

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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