The real estate market in the Czech Republic has recently been most influenced by the overall economic situation associated with current events in Europe including the war in Ukraine, expensive energy prices and high interest rates. According to 2023 PSN data in the residential segment, the situation is favourable for investor purchases.

The Pri Mlynoch project in Bratislava has been associated with a long wait for permits, although located in an important transformational area of ​​Mlynské Nivy. But now its developer Iuris has marked an important milestone and moved closer to realisation, reports Yimba.sk.

The mixed-use Residence Stodolní by developer Linkcity is replacing a complex of dilapidated buildings in the existing central development right next to the Plato modern art gallery in Ostrava. The whole area is transforming thanks to a new pedestrian zone with greenery as a joint investment of the city and the developer.

Hagag Development Europe has purchased a residential complex under development in Eastern Bucharest, located on a former industrial platform.

The volume of new mortgage loans amounted to €1.1 billion in Q1 2024, up by around 29% compared to the same period of last year, according to a report by SVN Romania | Credit & Financial Solutions.

YIT has signed agreements to establish three joint ventures with the Czech investment group RSJ Investments in Lithuania, Latvia, and Slovakia. YIT is selling plots or projects under construction to joint ventures under the same agreement.

Since the end of April, the residential project Pri studničke of the developer Studnička Development has had a valid building permit issued. The residence is planned near Bratislava's greatest forest park Železná studnička, in the location adjacent to the future research center Eset Kampus.

Fintech start-up MetaWealth has partnered with One United Properties in a €20-million framework agreement for rental apartments. In the first phase, MetaWealth will list on its platform 31 apartments developed in One Lake District, which have a total estimated investment value of €5.5 million. The fintech said that two more assets will be listed in the following 12 months.

The Millhaus residential project, with which developer Immocap and the investment group WOOD & Company have entered the residential market in Bratislava recently, has reached another important milestone.

JTRE has opened its residential project Downtown Yards in Bratislava for pre-sale and 20% of the stock is gone. This may indicate the asset class's return to a healthier status after a two-year slowdown.