News - UBM opens Prague timber project to public
08
Jul
2024

UBM opens Prague timber project to public

by Property Forum
UBM Development Czechia has prepared an open-door event to educate the general and professional public. Guided tours of the Arcus City and Timber Praha residential projects are organised to support sustainable timber structure development strategies in the Czech Republic.
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News - Resi sales in Romania up 16% in H1 2024
07
Jul
2024

Resi sales in Romania up 16% in H1 2024

by Property Forum
More than 77,200 homes were sold in Romania during H1 2024, up by 16% compared to the same period from 2023, while in Bucharest-Ilfov area the growth stood at 25%, according to a report by SVN Romania based on official statistics.
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News - Bucharest sees 27% gain in resi sales during June 2024
07
Jul
2024

Bucharest sees 27% gain in resi sales during June 2024

by Property Forum
Residential sales in Bucharest were up 27% in June 2024 compared to the same month of last year.
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News - Prime Kapital kicks off new resi phase in Iași project
05
Jul
2024

Prime Kapital kicks off new resi phase in Iași project

by Property Forum
Prime Kapital has started the development of the third residential phase of its mixed-use scheme Silk District in Iași.
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News - Speedwell enters into Warsaw market with its first PBSA project
04
Jul
2024

Speedwell enters into Warsaw market with its first PBSA project

by Property Forum
BPI Real Estate Poland in partnership with Acteeum Group has sold a site in Warsaw to the Romanian-Belgian real estate developer Speedwell. With this acquisition, Speedwell enters the Polish market and announces the development of its first student housing project in Poland.
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News - Penta and Kaprain finish resi project in Prague
04
Jul
2024

Penta and Kaprain finish resi project in Prague

by Property Forum
The Victoria Palace building on Vítězné Square in Prague has received valid building use approval. The project developed by Penta Real Estate and Kaprain has been designed with 92 high-end apartments and retail units on the ground floor. 
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News - Rinzle Rača achieves important permitting milestone
02
Jul
2024

Rinzle Rača achieves important permitting milestone

by Property Forum
The mixed-use project Rinzle Rača has received a decision from the EIA process about no further assessment, Yimba.sk reports. The project is planned in the area of Rinzle in the Rača district of Bratislava on a sloping terrain of former vineyards. 
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News - YIT sells Prague project to cooperative
28
Jun
2024

YIT sells Prague project to cooperative

by Property Forum
The YIT company has sold the Rivi Bachova project in the Praha-Chodov district to the Rivi Construction Cooperative. The interest in cooperative housing is increasing given the situation in the Czech mortgage market.
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News - New player roomies enters PBSA market in Poland
28
Jun
2024

New player roomies enters PBSA market in Poland

by Property Forum
A new player enters the field of private student housing investments in Poland. roomies is a startup with the aim to invest in PBSA in Poland and to develop more than 2,000 units within the next 5 years. 
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News - UBM completes timber resi project in Prague
27
Jun
2024

UBM completes timber resi project in Prague

by Property Forum
UBM Development Czechia is completing the Timber Praha residential project, the first sustainable timber apartment building in Prague. Unlike multi-storey foreign projects, this one has reached a height of four floors, i.e. 12 meters of fire height.
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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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