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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News - Czech UDI Group enters another foreign market
03
Dec
2024

Czech UDI Group enters another foreign market

by Property Forum
UDI Group is starting construction in another European market, Hungary after the new year. The mixed-use Parkside project in Budapest is planned near Váci Road with apartments and a hotel for medium and long-term accommodation.
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News - YIT completes coop residence in Prague
03
Dec
2024

YIT completes coop residence in Prague

by Property Forum
YIT has received building use approval for the Rivi Bachova apartment building in Chodov, Prague. The project has been implemented in cooperation with the Rivi Housing Cooperative. New residents, who by joining the cooperative have acquired a cooperative share and the right to rent an apartment are moving in as early as December of this year. 
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Latest news


New leases

  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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