News - Mortgage rates in Romania on growth trend in H2 2025
01
Jul
2025

Mortgage rates in Romania on growth trend in H2 2025

by Property Forum
Mortgage interest rates are projected to increase in the second half of 2025, impacting both fixed-rate mortgages, which constitute over 99% of new mortgage volumes, and variable-rate mortgages, according to a recent analysis by online broker Ipotecare.ro and SVN Romania | Credit & Financial Solutions.
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News - Zeitraum opens new student residence in Kraków
01
Jul
2025

Zeitraum opens new student residence in Kraków

by Property Forum
Zeitraum has opened a new student residence at Racławicka 58 in Kraków’s Krowodrza district. The building offers 249 rooms (289 beds), mostly private studios with en-suite bathrooms and kitchenettes. Flexible lease terms allow stays from one month to a full year.
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News - Zeitgeist expands cooperation with Reico
30
Jun
2025

Zeitgeist expands cooperation with Reico

by Property Forum
Zeitgeist Asset Management is deepening its cooperation with the Reico Nemovitostní investment fund, managed by the Reico Erste Asset Management investment company. Zeitgeist is taking over the complete management of another rental housing project. 
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News - Office building in Budapest to be converted into residential units
30
Jun
2025

Office building in Budapest to be converted into residential units

by Property Forum
According to epiteszforum.hu, Futureal Group’s residential developer arm Cordia will convert the next, currently shell-stage phase of the Corvin Innovation Campus office complex into a residential building. Designed by Radius B+S Architects, the eight-storey building will house more than 200 apartments, some featuring ceiling heights over 3 metres, thanks to the existing structural design. The project will also include a three-level underground garage, 400 sqm of communal space for residents, and a 160 sqm rooftop terrace exclusively for residents.
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News - Nrep's Noli Studios to open PRS project in Gdańsk
27
Jun
2025

Nrep's Noli Studios to open PRS project in Gdańsk

by Property Forum
Noli Studios, the Scandinavian serviced living operator, will open a new location in Gdańsk’s Garnizon district in July 2025. The launch follows the brand’s debut in Poland with Noli Studios Warsaw Ursus earlier this year.
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News - Hubix becomes shareholder in Sibiu resi complex
25
Jun
2025

Hubix becomes shareholder in Sibiu resi complex

by Property Forum
Property investment company Hubix has announced a strategic investment in The Lake Home, a residential project in Sibiu, developed in partnership with Novarion.
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News - PSN starts selling resi project in Prague
19
Jun
2025

PSN starts selling resi project in Prague

by Property Forum
PSN is launching the sale of the Jitro residential project in Prague's Vršovice. The project is designed to offer 144 units, as well as 35 townhouses with private entrances and green roofs. 
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News - Millstone kicks off €18 million resi investment in central Bucharest
19
Jun
2025

Millstone kicks off €18 million resi investment in central Bucharest

by Property Forum
Romanian developer Millstone, controlled by Johan Rogiers and Horia Chioseaua, has officially begun construction on a boutique residential project on Calea Victoriei, in central Bucharest, which represents a €18 million investment. 
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News - Prime Kapital secures €20 million financing for resi development in Iași
18
Jun
2025

Prime Kapital secures €20 million financing for resi development in Iași

by Property Forum
Prime Kapital has secured a €20 million financing facility from Garanti BBVA for the third phase (residential) of its Silk District urban regeneration project in Iași.
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News - Hotel Budapest (Körszálló) set for major transformation despite controversy
18
Jun
2025

Hotel Budapest (Körszálló) set for major transformation despite controversy

by Property Forum
The iconic 1967-built Hotel Budapest — locally known as Körszálló (meaning 'circle hotel') — has officially received demolition and construction permits for a near-complete rebuild. Most of the cylindrical tower and interior will be taken down and reconstructed to house around 50 luxury apartments, along with wellness facilities, restaurants, offices, and public amenities, 24.hu reports.
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Latest news


New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.

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