News - Redkom Development opens retail park in Bielsko-Biała
16
Dec
2024

Redkom Development opens retail park in Bielsko-Biała

by Property Forum
Redkom Development opened Comfy Park Bielik, the largest retail park in Bielsko-Biała (southern Poland). Nearly thirty stores and service points have been built on more than 19,000 sqm of retail area, including a Kaufland store occupying more than 5,000 sqm.
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News - Mortgage loans volume in Romania up 43%
16
Dec
2024

Mortgage loans volume in Romania up 43%

by Property Forum
Mortgage loans totaling €7.3 billion were granted in Romania during the first 10 months of 2024, up by 43% compared to the same period of last year, according to an analysis by SVN Romania.
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News - Immocap secures financing for resi projects in Bratislava
12
Dec
2024

Immocap secures financing for resi projects in Bratislava

by Property Forum
Immocap has acquired bank financing from Tatra Banka for its apartment buildings, Záhradnícka and Kvarter in Bratislava. In total, it has secured up to €44 million for its residential projects during 2024.
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News - Fewer homes get completed in Romania in Q1-Q3 2024
11
Dec
2024

Fewer homes get completed in Romania in Q1-Q3 2024

by Property Forum
The total number of homes completed in Romania in the first nine months of the year was 42,312, down by 18.1% compared to the same period last year, according to a report by the National Institute of Statistics (INS).
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News - Romanian athlete kicks off resi development in Bucharest region
11
Dec
2024

Romanian athlete kicks off resi development in Bucharest region

by Property Forum
Romanian football player Florin Tănase and FIFA agent Florin Vulturar have jointly started the development of a new residential project in Pipera, located in the northern region of Bucharest. 
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News - Prague aligns with developers in Žižkov brownfield transformation
09
Dec
2024

Prague aligns with developers in Žižkov brownfield transformation

by Property Forum
Prague is intending to buy the historic building of the freight station Žižkov and the adjacent land from Czech Railways, reports E15.cz. If the purchase is completed the capital is planning changes to the zoning plan in the entire extensive brownfield next year allowing other developers to build.
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News - VI Group launches sale of resi project in Bratislava
06
Dec
2024

VI Group launches sale of resi project in Bratislava

by Property Forum
Developer VI GROUP has prepared another stage of its RNDZ project. It is coming to the market with the RNDZ 2 in Rača, Bratislava. VI Group is revitalising the previously unused neglected plot of land into a residential area.
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News - Prague approves new resi development location
05
Dec
2024

Prague approves new resi development location

by Property Forum
The location of Kyje-Hutě on the outskirts of Prague is subject to expansion in the future with a new housing development, a primary school and two kindergartens, a bus line and other infrastructure. 
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News - Nrep gets financing from Santander Bank for PRS project in Warsaw
04
Dec
2024

Nrep gets financing from Santander Bank for PRS project in Warsaw

by Property Forum
The Lett Markowska project in Warsaw's Praga Północ district, being developed as part of the housing platform by Nrep, has received financing of PLN 60 million (ca. €14 million) from Santander Bank Polska. The funds will be allocated to the development of the investment, which includes 179 rental apartments. This marks the first collaboration between Nrep and Santander Bank Polska.
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News - Resi prices in Europe resume growth trend
04
Dec
2024

Resi prices in Europe resume growth trend

by Property Forum
The European average home price was €5,666 per sqm during Q3, a 2.1% increase compared to Q1 2024, finds a report by Catella, which tracks 58 cities across 16 European countries. 
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Latest news


New leases

  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
  • The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.

New appointments

  • Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.

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