The increase in VAT to 21% for new homes is having a direct impact on pricing and sales strategies in the residential market, with effects already becoming visible, according to Valentin Neagu, Managing Director at Crosspoint Real Estate.

NEPI Rockcastle has fully sold all 254 apartments at Vulcan Residence, its first residential project in Bucharest, which was developed with a total investment of approximately €25 million.

StudentSpace, a student housing platform, has secured PLN 177.8 million in financing from Bank Pekao S.A. to support the development of three modern student dormitories in Kraków. Since its inception in 2024, the platform has actively acquired land for future developments. It is currently delivering three projects across two locations in Kraków, which will be ready to accommodate over 1,200 students starting from the upcoming academic year.

The Romanian residential market is experiencing a significant evolution, with notable shifts in buyer and renter priorities over the past two years, find a recent survey conducted by iO Partners in collaboration with Storia.  

Romanian developer Hils Development has obtained a loan of RON 99 million (close to €20 million) from Libra Internet Bank for the construction of Hils Sunrise complex in Bucharest.

Construction of the Nový Rohan project has begun on Rohan Island in Prague's Karlín. For the development company J&T Real Estate, which is behind the project, this is the largest investment to date, reports e15.cz.

Resi4Rent has completed construction of its latest subscription-based rental housing development in Wrocław. Located on Grabiszyńska Street in the city’s Fabryczna district, the project adds 1653 units to the operator’s total offering in Wrocław.

Hubix has announced a strategic partnership with Fimaro Development for the development of 600 residential units in Cluj-Napoca, near the Tetarom I business park.

Koramic Real Estate Romania, the local division of the Belgian family office Koramic Investments, has announced a total investment of €30 million for two new residential projects in Romania. 

Local developer Zacaria has kicked off the development of the second phase of the Valletta Park residential complex in Sibiu.