News - Bucharest-Ilfov sees fewer homes delivered in 2024
20
Nov
2024

Bucharest-Ilfov sees fewer homes delivered in 2024

by Property Forum
Residential deliveries in the Bucharest-Ilfov region were down 23% in the first half of 2024 compared to the same period of last year, according to a report by SVN Romania. The agency estimated last spring that this year could bring the lowest number of new homes delivered in the past five years.
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News - Cresco adds new stage to Bratislava development
18
Nov
2024

Cresco adds new stage to Bratislava development

by Property Forum
Cresco Real Estate has been developing the Slnečnice district south of Bratislava's Petržalka quarter since 2010. Now it has begun to transform the territory of the local hill into the new part called Villadomy Zone.
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News - Wallberg secures funding for resi project in Timișoara
18
Nov
2024

Wallberg secures funding for resi project in Timișoara

by Property Forum
Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.
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News - YIT expands to Brno with new acquistion
14
Nov
2024

YIT expands to Brno with new acquistion

by Property Forum
For the first time, YIT is expanding its development activities outside Prague and is preparing its first residential project in Brno. A growing demand for quality housing in the city is offering interesting potential for construction. 
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News - Linkcity builds timber resi project in Pardubice
12
Nov
2024

Linkcity builds timber resi project in Pardubice

by Property Forum
Linkcity has started the implementation of its first apartment building made of timber in the Czech Republic. The residence has become part of the last stage of the Nová Tesla urban district currently under construction, which is being built on a large former urban brownfield in Pardubice. 
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News - European resi sector has €64 billion in fresh capital for investment
12
Nov
2024

European resi sector has €64 billion in fresh capital for investment

by Property Forum
European investors are planning significant increases in their living sector allocations, with €64 billion of new capital for deployment into the build to rent, affordable housing, student property and seniors housing sectors over the next five years, according to a Knight Frank survey.
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News - Living delivers first phase of green resi project in Budapest
12
Nov
2024

Living delivers first phase of green resi project in Budapest

by Property Forum
Hungarian developer Living has delivered the first phase of the 165-unit Le Jardin residential park in Rozsnyay utca, District 13 of Budapest.
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News - Speedwell to start €94 million resi investment near Bucharest
12
Nov
2024

Speedwell to start €94 million resi investment near Bucharest

by Property Forum
Speedwell Development has obtained the construction permits for the first 50 luxury villas in a new residential project in Corbeanca, near Bucharest, where it plans to invest €94 million.
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News - Prima to develop 491 apartments in Western Bucharest
11
Nov
2024

Prima to develop 491 apartments in Western Bucharest

by Property Forum
Romanian property developer Prima Development Group has obtained the construction authorization for a new residential complex with 491 apartments in the western part of Bucharest.
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News - PSN completes small-scale housing project in Prague
06
Nov
2024

PSN completes small-scale housing project in Prague

by Property Forum
PSN has obtained the approval for building use of the Skyline project in Prague's Chodov with small residential units. The project has been developed as the reconstruction of a part of the Top Hotel. 
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Latest news


New leases

  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.
  • Kenneth Cole New York has launched its European debut with a 200 sqm store in Prague’s Westfield Chodov shopping centre.
  • Galeria Askana in Gorzów Wielkopolski has significantly bolstered its retail mix by signing a lease agreement with HalfPrice for a unit exceeding 2,000 sqm. The off-price retailer, part of Grupa Modivo, is scheduled to open its doors at the end of August 2026. The project features a large-format layout with the potential to expand the footprint to nearly 2,700 sqm.

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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