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.
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.
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.
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.
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.
Scandia Română Development, the real estate division of the Scandia group, has announced the commencement of works on a new residential project in Sibiu.
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.
AFI Europe has reached full occupancy for its portfolio of rental apartments in Prague. The company is currently building more than 500 more apartments in the Czech metropolis.
InteRo Property Development has announced a €16 million bond issuance to support the development of a Bucharest-based residential complex. The financing was secured through CVI, an independent asset manager overseeing nearly €900 million across eight funds.
Belgrade's real estate market is showing signs of a mild recovery this year, though significant changes are not expected in the short term, according to a Cordon report.
The tenants of the Galeria Wołomin retail park near Warsaw have been joined by the Tedi chain. The new salon took up an area of over 700 sqm.
Jewellery brand Apart has joined the group of tenants of the Auchan Wałbrzych shopping centre (southern Poland). The jewellery store occupies a unit of 116 sqm. It offers jewellery and branded watches.
Iron Mountain, a company offering information and document storage services, has extended its lease for almost 31,000 sqm of warehouse space in three buildings at Prologis Park Błonie near Warsaw.
New appointments
Joanna Bieniek has taken up the position of Head of Leasing at Galeria Askana in Gorzów Wielkopolski (Western Poland). Prior to joining the Galeria Askana team, she headed the leasing department at
Cream Property Advisors.
Balint Szécsényi has resigned as a member of GTC's supervisory board with immediate effect. The resignation was announced by the company's Board of Directors.
Katarzyna Jaworska has joined Colliers' office department, taking on the position of Associate Director. In her new role, Katarzyna will be responsible for office lease consultancy for public sector clients.
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