ARTICLES IN Residential  TOPIC

News YIT starts construction of apartment building in Prague 11
02
Aug
2022

YIT starts construction of apartment building in Prague 11

by Property Forum
Another apartment building inspired by Scandinavian architecture has been launched in Prague by the developer YIT.  The twelve-storey building with 47 apartments will be built near metro line C's Opatov station. It should be completed within two years, the developer informed.
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News Central Group replaces broadcast tower in Prague with flats
01
Aug
2022

Central Group replaces broadcast tower in Prague with flats

by Property Forum
One of the tallest buildings in Prague will disappear. The broadcasting tower of the Central Telecommunications Building (Ústřední telekomunikační budova) in Prague's Žižkov district will be demolished in January 2023, including the adjacent buildings. The demolition work is being prepared by the developer Central Group, which owns the entire technology complex in Olšanská Street and is now preparing a residential project there. The current design of the 100-metre towers with apartments by architect Eva Jiřičná has not yet been approved by the city, writes E15.cz.
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News Housing demand in Poland is shrinking
01
Aug
2022

Housing demand in Poland is shrinking

by Property Forum
In the second quarter of this year, a total of 9,200 new apartments were sold in the six largest markets, 11.7% less than in the previous quarter and as much as 53% down on the same period in 2021. The drop in sales is mainly due to higher mortgage interest rates and tighter credit rating regulations. As shown in the JLL report which summarises the previous quarter, despite the reduced interest in purchasing flats in the market, housing prices continued to rise.
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News Speedwell selects general contractor for Timișoara project
01
Aug
2022

Speedwell selects general contractor for Timișoara project

by Property Forum
Strabag will build the first residential building of Speedwell’s mixed-use scheme Paltim in Timișoara and the company has been selected as the general contractor of the project. 
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News Central Group plans hybrid nurseries in new Prague project
27
Jul
2022

Central Group plans hybrid nurseries in new Prague project

by Property Forum
Considering how Prague and its population will grow in the next few years, developer Central Group is planning schools and kindergartens. In its Nová Ruzyně project, it plans to build housing for more than 6,600 people and incorporate kindergartens directly into residential buildings. The developer plans to start construction within two years, writes the daily E15.
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News Crestyl wants to change the centre of Brno
27
Jul
2022

Crestyl wants to change the centre of Brno

by Property Forum
Developer Crestyl wants to transform the centre of Brno near the main train station with the Dornych project, connecting the historic centre with the newly planned district. It is to create a freely accessible public space that will include six buildings with apartments, office and retail space and underground garages. The project, with a total investment of CZK 7 billion (€285 million), already has a zoning permit and expects to receive a building permit by mid-2023, the developer announced at a public presentation of the project.
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News Homes sales in Romania up 3.4% in H1 2022
27
Jul
2022

Homes sales in Romania up 3.4% in H1 2022

by Property Forum
Sales of homes on the Romanian market totaled 85,000 units in the first half of 2022, up 3.4% compared to the same period of last year, according to real estate consultancy SVN Romania. In the same interval, sales in Bucharest and Ilfov county rose by 16.6%. 
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News Alesonor gets financing for green homes near Bucharest
25
Jul
2022

Alesonor gets financing for green homes near Bucharest

by Property Forum
Property developer Alesonor has obtained a financing of €21 million from Banca Transilvania that will be used for the first phase of the Amber Forest project near Bucharest. The money will support the development of 294 green homes. 
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News AFI Europe enters Prague's rental housing market
21
Jul
2022

AFI Europe enters Prague's rental housing market

by Property Forum
Developer AFI Europe has announced the completion of the Tulipa residential project on a five-hectare brownfield site in Prague 3 Strašnice. This latest, fifth phase with an eight-storey apartment building cost the developer more than CZK 250 million and will be the only one dedicated exclusively to rental housing with 61 apartments.
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News SIKO to build 650 flats in Prague 3
12
Jul
2022

SIKO to build 650 flats in Prague 3

by Property Forum
The Dům Radost project in Prague 3 in Žižkov, where SIKO Group as the new owner plans six hundred rental apartments, is one step closer to realisation. The Ministry of Culture has stopped a review procedure that could have seriously complicated the project for the owners, writes Seznamzprávy.cz.
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Latest news


New leases

  • Natura Bakery will lease almost 200 sqm of space on the ground floor of Poznan's Nowy Rynek E office building, developed by Skanska. The premises are scheduled to open in spring 2024.
  • A new, larger Sinsay brand store has opened in CH Korona in Wrocław. The 1,200 sqm shop is located next to the CCC salon at the University entrance to the centre.
  • Shops of the Bytom, Wólczanka and Vistula brands have opened in Outlet Lublin. The new shops offering discounted items together occupy an area of 430 sqm.

New appointments

  • As of December 2023, Dorota Lachowska has joined the market research team at Knight Frank Poland as director of the department.
  • MLP Group is strengthening its sales team in Poland with the appointment of Przemysław Fijałkowski as Leasing Manager responsible for the lease of space in projects located in southern Poland.
  • Axi Immo is developing its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.

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