ARTICLES IN Residential  TOPIC

News Crestyl adds fifth resi building in Prague project
22
May
2024

Crestyl adds fifth resi building in Prague project

by Property Forum
Development group Crestyl has presented the new Kappa residential building on Prague's Hagibor next to the Želivského metro station. The construction of the fifth apartment building within the Hagibor project is starting at the beginning of 2025, with completion scheduled for 2027.
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News Central Group shows updated design of Žižkov quarter in Prague
21
May
2024

Central Group shows updated design of Žižkov quarter in Prague

by Property Forum
The new design of Nový Žižkov Centre has revealed the most significant change of replacing the original design of 3 towers reaching a height of 100 metres with only one centrally located undulating tower. The investor of this project in Prague 3 is the Czech residential builder Central Group.
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News JTRE moves ahead with development on Danube's right bank in Bratislava
20
May
2024

JTRE moves ahead with development on Danube's right bank in Bratislava

by Property Forum
In the foreseeable future, the centre of Bratislava should expand to the right bank of the Danube River. The key project, Nové Lido by J&T Real Estate, entered the first part of permitting, informs Yimba.sk.
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News WOOD & Company enters resi project in Trenčín
20
May
2024

WOOD & Company enters resi project in Trenčín

by Property Forum
Nová Merina in Trenčín is a project that has brought together the original investor Occam Real Estate and the city in the development efforts. Now a new investor, WOOD & Company, is entering the project.
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News PSN sees potential in rental housing
16
May
2024

PSN sees potential in rental housing

by Property Forum
The real estate market in the Czech Republic has recently been most influenced by the overall economic situation associated with current events in Europe including the war in Ukraine, expensive energy prices and high interest rates. According to 2023 PSN data in the residential segment, the situation is favourable for investor purchases.
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News Iuris moves resi project in Bratislava closer to construction
14
May
2024

Iuris moves resi project in Bratislava closer to construction

by Property Forum
The Pri Mlynoch project in Bratislava has been associated with a long wait for permits, although located in an important transformational area of ​​Mlynské Nivy. But now its developer Iuris has marked an important milestone and moved closer to realisation, reports Yimba.sk.
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News Linkcity to launch Ostrava resi project this year
13
May
2024

Linkcity to launch Ostrava resi project this year

by Property Forum
The mixed-use Residence Stodolní by developer Linkcity is replacing a complex of dilapidated buildings in the existing central development right next to the Plato modern art gallery in Ostrava. The whole area is transforming thanks to a new pedestrian zone with greenery as a joint investment of the city and the developer.
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News Hagag Development Europe buys resi development in Bucharest
09
May
2024

Hagag Development Europe buys resi development in Bucharest

by Property Forum
Hagag Development Europe has purchased a residential complex under development in Eastern Bucharest, located on a former industrial platform.
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News Mortgages loans in Romania up 29% in Q1 2024
09
May
2024

Mortgages loans in Romania up 29% in Q1 2024

by Property Forum
The volume of new mortgage loans amounted to €1.1 billion in Q1 2024, up by around 29% compared to the same period of last year, according to a report by SVN Romania | Credit & Financial Solutions.
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News YIT and RSJ establish JV and plan Baltic expansion
07
May
2024

YIT and RSJ establish JV and plan Baltic expansion

by Property Forum
YIT has signed agreements to establish three joint ventures with the Czech investment group RSJ Investments in Lithuania, Latvia, and Slovakia. YIT is selling plots or projects under construction to joint ventures under the same agreement.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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