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.

The residential real estate market in Belgrade is showing signs of renewed activity following a period of stagnation, with a noticeable uptick in the number of smaller-scale projects breaking ground across the city. A new report by Cordon offering a snapshot of pricing in some of the capital’s most popular neighbourhoods reveals both the resilience of investor confidence and the challenges still dampening momentum.

Heimstaden Czech has increased its revenue from rental and sales of services to tenants by CZK 578.4 million (€23.5 million), as per the annual report published in the Collection of Documents, reports newstream.cz.

Romanian developer Scala Development, part of Ax Perpetuum group, has secured  RON 119 million (€24 million) from Libra Internet Bank for the development of the Scala Sopor residential complex in Cluj-Napoca.

Prague's first skyscraper, built in 1934 and known as the Trade Union House in Prague's Žižkov district, is set to receive a major renovation, reports seznamzpravy.cz. The dilapidated but listed building has been owned by the bathroom empire SIKO since 2018.