News - Dom Development establishes Nasz Dom charity foundation
21
Aug
2024

Dom Development establishes Nasz Dom charity foundation

by Property Forum
Dom Development Group has established the Nasz Dom Foundation to consolidate all charitable activities. The Foundation’s work was officially launched with a cooperation agreement signed with the Ukrainian foundation - Housing for IDP. In 2024, Nasz Dom Foundation will donate PLN 3.2 million to support a housing project for internally displaced persons in Ukraine.
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News - RE/MAX: Mortgage backed resi sales in Romania up in H1 2024
20
Aug
2024

RE/MAX: Mortgage backed resi sales in Romania up in H1 2024

by Property Forum
Sales of homes funded by bank loans rose by 40% during H1 2024 compared to the same period of last year over the reduction of interest rates and the increase in transaction prices, according to transactions brokered by RE/MAX Romania.
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News - Bellemonde secures funding for resi project near Bucharest
20
Aug
2024

Bellemonde secures funding for resi project near Bucharest

by Property Forum
Romanian developer Bellemonde Developement has obtained €21 million in funding from Libra Internet Bank for a residential project in Pipera, near Bucharest.
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News - UBM completes next stage of resi project in Prague
19
Aug
2024

UBM completes next stage of resi project in Prague

by Property Forum
UBM Development Czechia has completed 3 apartment buildings in the Arcus City residential complex on the border of the Stodůlky and Řeporyje districts of Prague. Of the 66 apartments in the second stage, half of the units are currently available for purchase. 
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News - HILS Development posts 28% resi sales growth in H1 2024
14
Aug
2024

HILS Development posts 28% resi sales growth in H1 2024

by Property Forum
Romanian developer HILS Development has announced a 28% increase in residential sales during H1 2024 compared to the same period of last year, while revenue was up 25% year-on-year. 
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News - Grafobal secures green light for Bratislava mixed-use project
13
Aug
2024

Grafobal secures green light for Bratislava mixed-use project

by Property Forum
Grafobal Group Development has received the first permit for the Patio project on Hraničná Street in Bratislava, reports Yimba.sk. The former brownfield is going to change into a mixed-use development.
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News - UDI launches sale of resi units in Costa Rica
13
Aug
2024

UDI launches sale of resi units in Costa Rica

by Property Forum
Czech development group UDI Group has launched the sale of its residential project in Costa Rica. The group is planning the construction to start at the beginning of next year, investing almost CZK 500 million (€20 million) in the project.
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News - MiddleCap moves ahead in permitting of Bratislava resi project
09
Aug
2024

MiddleCap moves ahead in permitting of Bratislava resi project

by Property Forum
MiddleCap Real Estate is planning to build a mixed-use project New Center Ružinov on the plot of a former department store in Ružinov, Bratislava, reports Yimba.sk.
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News - Fortim Trusted Advisors starts resi sale for Bucharest project
08
Aug
2024

Fortim Trusted Advisors starts resi sale for Bucharest project

by Property Forum
Fortim Trusted Advisors has announced the start of apartment sales in the Corallis residential project developed by KÉSZ Romania in northern Bucharest. 
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News - Romania ranks among cheapest resi markets in Europe
07
Aug
2024

Romania ranks among cheapest resi markets in Europe

by Property Forum
The average price of new homes in Romania amounted to €1,504 per sqm in 2023, which was the third lowest price in Europe, behind Bosnia and Herzegovina and Greece, according to a Deloitte report. 
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Latest news


New leases

  • 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.
  • Greek jewelry designer Anna Maria Mazaraki has opened her first Romanian store in Bucharest-based ParkLake Shopping Center. The transaction for the new location was brokered by Cushman & Wakefield Echinox.
  • Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.

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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