ARTICLES IN Residential  TOPIC

News Impact Developer & Contractor sees profits double in 2024
03
Mar
2025

Impact Developer & Contractor sees profits double in 2024

by Property Forum
Local residential developer Impact Developer & Contractor recorded a net individual profit of around €17 million in 2024, double compared to the previous year. At the group level, the consolidated net profit was €12 million, also double compared to 2023.
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News Proxenta completes base build of resi project in Bratislava
28
Feb
2025

Proxenta completes base build of resi project in Bratislava

by Property Forum
The residence Stockerka developed by Proxenta has been constructed on the eastern edge of Devínská Nová Ves in Bratislava. Construction is currently proceeding according to plan and the base build has been finished, reports Yimba.sk. 
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News Alto RE moves on with permitting for resi project in Bratislava
27
Feb
2025

Alto RE moves on with permitting for resi project in Bratislava

by Property Forum
Florian Residence by Alto Real Estate, which is being built in Bratislava's Old Town, has received a valid building permit for its second phase. The project is connected to the first phase and is located close to the National Bank of Slovakia. 
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News UBM receives building permit for resi project in Prague
26
Feb
2025

UBM receives building permit for resi project in Prague

by Property Forum
UBM Development Czechia has received a building permit for the new project Rezidence Na Plzeňce in Prague 5 – Smíchov. On a plot of over 3,800 sqm, the company is developing an apartment building with a courtyard.
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News Romania's rental niche boosted by tight resi market
25
Feb
2025

Romania's rental niche boosted by tight resi market

by Property Forum
Romania's housing market faced a significant imbalance in 2024, with new home deliveries falling 15% nationwide and over 20% in Bucharest, while demand rose by 7%, finds a Colliers report.
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News Redstone loses permit for Olomouc skyscraper
25
Feb
2025

Redstone loses permit for Olomouc skyscraper

by Property Forum
The panorama of the historic centre of Olomouc is not changing yet. In recent days, the regional court has annulled the zoning decision for the planned construction of a skyscraper by Redstone, reports E15.cz.
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News Geosan receives approval for residence in Prague
20
Feb
2025

Geosan receives approval for residence in Prague

by Property Forum
Geosan Development has announced the construction completion of the Rezidence Radimova Břevnov project in Prague 6. The project has received the valid building use approval.
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News Lucron completes base building of residential project in Bratislava
20
Feb
2025

Lucron completes base building of residential project in Bratislava

by Property Forum
The construction of the first apartment building in the Rakyta project in Bratislava's Devínská Nová Ves by Lucron is progressing and the rough construction is nearing completion. 
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News Scandia kicks off resi development in Sibiu
20
Feb
2025

Scandia kicks off resi development in Sibiu

by Property Forum
Scandia Română Development, the real estate division of the Scandia group, has announced the commencement of works on a new residential project in Sibiu.
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News Bucharest offers highest resi rental yields in Romania
17
Feb
2025

Bucharest offers highest resi rental yields in Romania

by Property Forum
Bucharest remains the leader on gross rental yields, while the overall prices in the residential market rose by 14% in 2024, according to a market study by The Concept.
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Latest news


New leases

  • Elmet Group Metal & Electric, a metal and electric components specialist, will lease 4,565 sqm of space for production and storage activities within ELI Park 5 Bucharest. The project is being developed by ELI Parks in partnership with Eren Cons.
  • P&G Romania will relocate its HQ to a space of approximately 7,000 sqm in YUNITY Park business campus, developed by Genesis Property. The lease contract will run for 10 years.
  • DevHub, a Romanian software development company, has solidified its presence in the Romanian market by opening two new offices, with a total area of over 1,000 sqm, located in the office buildings within the mixed-use projects Iulius Town Timișoara and Palas Iași, developed by Iulius.

New appointments

  • Garbe has named Zuzana Štěpánková as Business Development Manager in the Czech Republic. She has previously worked at iO Partners as Senior Consultant.
  • Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
  • From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.

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