ARTICLES IN Residential TOPIC

04
Jun
2020

Hungary's residential market begins recovery in May

by Property Forum
There were 8,400 residential property deals made in Hungary in May 2020, according to the latest monthly transaction estimate by real estate group Duna House. Although still 38% lower compared to last May, the monthly figure looks much healthier than in April.
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04
Jun
2020

Ghelamco completes revitalisation project in central Warsaw

by Property Forum
Following over 4 years of intensive work, Ghelamco Poland has completed the revitalisation of two historic tenement houses at 13 and 15 Foksal Street in Warsaw.
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02
Jun
2020

Eiffage seeks partner for Polish build-to-rent project

by Property Forum
Eiffage Immobilier Polska has appointed Savills to seek an investment partner for the development of a bespoke 453-unit build-to-rent opportunity in Warsaw within a secured development pipeline of over 2,300 units across Poland’s top five cities.
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27
May
2020

Atenor obtains building permit for new Bucharest project

by Property Forum
Belgian developer Atenor has obtained a building permit for its Up-Site Bucharest project which will consist of 270 residential units in two glass towers of 12 and 24 floors. Upon completion, these two towers will be the tallest residential buildings in the Romanian capital.
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22
May
2020

Hagag sells 60% of units in Bucharest residential project

by Property Forum
Real estate developer Hagag Development Europe has completed the structure of the first three buildings related to the first phase of the large-scale residential project H Pipera Lake. Construction works for buildings 4 and 5 reached the ground floor. Out of the total number of apartments available in the first three buildings, 60% have already been sold
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21
May
2020

Rock Development starts €30 million resi project in Bucharest

by Property Forum
Local real estate developer Rock Development, controlled by a subsidiary of UniCredit Group, has launched the construction of the Avrig Park Residence residential project in Bucharest’s Bucur Obor area.
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07
May
2020

Gran Via to reopen sales offices

by Property Forum
Spanish developer Gran Via Real Estate announced that starting 18 May, it will reopen the sales offices for its ongoing four residential projects: Timișoara 58, Gran Via Park, and Aviației Apartments in Bucharest, as well as Gran Via Marina in Constanța.
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06
May
2020

Romanian developer plans €70 million mixed-use project in Mamaia

by Property Forum
Romanian real estate developer Nordis Group is planning a mixed-use project in the northern area of Mamaia, Romania’s most popular seaside resort. The developer will allow people to invest in hotel rooms that they can use for one week each year. The developer promises an annual yield of 7% of the invested sum, paid in 12 monthly instalments.
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05
May
2020

Hungary's residential property market hits low point in April

by Property Forum
There were 5,971 residential property deals made in Hungary in April 2020, according to the latest monthly transaction estimate by real estate group Duna House. The last time the monthly figure was this low was at the low point of the previous crisis in 2013. Meanwhile, weekly data suggest that we are past the trough as the market picked up slightly in the second half of the month.
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30
Apr
2020

House prices fall in Budapest for the first time since 2013

by Property Forum
While house prices in Budapest rose 14.1% year-on-year in the fourth quarter of 2019, they fell 2.0% in nominal terms on a quarterly basis, the National Bank of Hungary (MNB) reported. The central bank has not recorded a q-o-q drop in house prices since Q4 2013.
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