News - Cityring Property explores new resi investment in Bucharest
10
Oct
2024

Cityring Property explores new resi investment in Bucharest

by Property Forum
Romanian developer Cityring Property is exploring a new residential development on a land plot of 6.5 hectares in northern Bucharest close to Atria Urban Resort, where it launched the last development phase.
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News - Resi project construction in Bratislava sees ground level 50% sold out
09
Oct
2024

Resi project construction in Bratislava sees ground level 50% sold out

by Property Forum
The construction of the Millhaus residential building, which Immocap is developing with the financial group Wood & Company in the Nivy zone in Bratislava, has exceeded the ground level. At this stage of construction, more than half of the residential units have already been sold to their owners. 
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News - Home deliveries in Romania fall 20% in H1 2024
08
Oct
2024

Home deliveries in Romania fall 20% in H1 2024

by Property Forum
Romania’s residential market recorded around 26,000 new home completions during H1 2024, down 20% over the same period of last year, according to Colliers data. 
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News - RRG to invest €60 million in Bucharest resi project
08
Oct
2024

RRG to invest €60 million in Bucharest resi project

by Property Forum
RRG Real Estate Group (RRG) says it will invest €60 million in a Bucharest residential project that will be delivered at the end of 2026. 
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News - AFI Europe and FINEP cooperate on rental housing in Prague
07
Oct
2024

AFI Europe and FINEP cooperate on rental housing in Prague

by Property Forum
AFI Europe and FINEP have announced the conclusion of a long-term framework agreement on cooperation in the development of rental housing in Prague. The move is based on their previous collaboration in this area. 
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News - New Bratislava district opens soon
07
Oct
2024

New Bratislava district opens soon

by Property Forum
A few weeks are left until the opening of the first stage of the new Vydrica district in Bratislava's centre developed by Lucron together with Vydrica. More than two hundred apartments and 19 retail units of 3,148 sqm are expected to receive approval for building use every day.
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News - Alsin invests €20 million in second phase of resi project near Bucharest
07
Oct
2024

Alsin invests €20 million in second phase of resi project near Bucharest

by Property Forum
Romanian developer Alsin Management said it will invest €20 million in the second phase of its residential project First Estates Pipera, with the completion date set for the spring of 2025. 
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News - Residential property transactions go up in Hungary in September
02
Oct
2024

Residential property transactions go up in Hungary in September

by Property Forum
Real estate brokerage Duna House estimates that 9,754 residential properties changed hands, up 21% year on year, and that HUF 112 billion worth of housing mortgages were taken out in September 2024 in Hungary, more than double (+106%) of the base period's data. The number of transactions in the first nine months of the year shows a nearly 40% yr/yr increase.
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News - Corwin unveils new residential tower in Ljubljana
02
Oct
2024

Corwin unveils new residential tower in Ljubljana

by Property Forum
Nordika, Corwin’s new residential tower in Ljubljana, has been unveiled to the public. The project, which will comprise around 290 new apartments, will be part of a large-scale revitalization of the area along Masaryk Street in the city centre. 
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News - Prague moves ahead in new district development
30
Sep
2024

Prague moves ahead in new district development

by Property Forum
The Prague City Council has approved the next step in the investment preparation of the mixed-use project at the corner of Durychova and Libušská Streets in Prague 4. The development managed by Pražská Developerská Společnost (PDS) is in the centre of the new city district Nové Dvory and above the new subway station on line D. 
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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

  • 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.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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