News - UBM completes timber resi development in Prague
12
Sep
2024

UBM completes timber resi development in Prague

by Property Forum
UBM Development Czechia has completed the Timber Praha project in the Prague-Řeporyje district. The future owners can move in in Autumn this year.
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News - Fetters enters Prague's resi development market
12
Sep
2024

Fetters enters Prague's resi development market

by Property Forum
Fetters has joined the residential developers club with the Panorama Braník project in Prague 4. The company has been engaged in comprehensive construction project management since 2013. The biggest challenge so far is the project management of the Vltava Philharmonic in Prague.
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News - YIT continues with coop housing in Bratislava projects
10
Sep
2024

YIT continues with coop housing in Bratislava projects

by Property Forum
YIT Slovakia has presented a pilot project of cooperative housing in Bratislava earlier this year. It is an alternative to mortgage financing of real estate. The developer is now launching its sequel in the ZWIRN 3 project.
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News - YIT puts first stage of Prague resi project on sale
10
Sep
2024

YIT puts first stage of Prague resi project on sale

by Property Forum
YIT is launching the sale of the first stage of the Toivo Roztyly project in Prague 11. The construction of the 1st stage is already underway.
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News - Penta launches new resi project in Prague
06
Sep
2024

Penta launches new resi project in Prague

by Property Forum
Penta Real Estate is starting to construct a new residential project Mocca Residence in Prague. Near the Českomoravská metro station, Penta is restoring the original city block with almost three hundred new apartments being built here.
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News - Over 28,500 apartments under development in localities near Bucharest
06
Sep
2024

Over 28,500 apartments under development in localities near Bucharest

by Property Forum
The ongoing residential developments in areas near Bucharest count around 28,500 apartments, with Voluntari town and Tunari commune among the locations with the biggest volume of new construction, according to a report by Imobiliare.ro. 
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News - Cresco joins forces with fellow developer in Bratislava
04
Sep
2024

Cresco joins forces with fellow developer in Bratislava

by Property Forum
Cresco Real Estate has announced a new partnership in the Slnečnice project in Bratislava's Petržalka district. A strategic partner, WOOD & Company, with whom Cresco Real Estate is already developing the planned Lakeside 3 project in the capital, is entering the part of the Slnečnice nad Mestom project. 
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News - ITB changes hotel to resi development in Bratislava
04
Sep
2024

ITB changes hotel to resi development in Bratislava

by Property Forum
ITB development is changing the plans of the fourth phase in the Čerešne residential district, YIMBA.sk reports. The original intention has included a hotel or an accommodation facility with hotel apartments Čerešne Inn. Now it is being converted into apartment living. 
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News - Rental resi project by AFI Europe in Prague reaches 50% occupancy
03
Sep
2024

Rental resi project by AFI Europe in Prague reaches 50% occupancy

by Property Forum
The second phase of the AFI Home Kolbenova project in Vysočany in Prague developed by AFI Europe has reached 50% occupancy. The project is offering 327 residential units for long-term rentals.
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News - Crestyl continues with next phase in Prague resi development
30
Aug
2024

Crestyl continues with next phase in Prague resi development

by Property Forum
Crestyl has completed two residential houses in its Prague development district Hagibor. The Gamma building with 138 apartments for sale and the Delta building with 168 apartments for rent have passed the building use approval in July.
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Latest news


New leases

  • The DigestMed medical centre, specialising in gastroenterology services, has opened a clinic spanning over 675 sqm within the Bucharest-based London Office Building, part of the EVO Properties multifunctional hub, following an investment of €1.5 million.
  • Focus Estate Fund has signed a new lease agreement with HalfPrice, the off-price retailer, for approximately 2,000 sqm of modern retail space at Sosnowiec Plaza in Sosnowiec, Poland.
  • Ford Polska has extended its lease agreement, until 2031, for nearly 1,200 sqm of office space in Warsaw's Diuna, part of the Syrena Real Estate portfolio. It is one of the first tenants of the Służewiec complex, having operated continuously at this location since February 2008.

New appointments

  • 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.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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