News - Prime Kapital kicks off development of 600 apartments in Romania
17
Oct
2024

Prime Kapital kicks off development of 600 apartments in Romania

by Property Forum
Prime Kapital has started the development of close to 600 apartments in Bucharest and Iași following the completion of 700 residential units in both cities.
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News - Wing fully delivers residential project in Budapest
17
Oct
2024

Wing fully delivers residential project in Budapest

by Property Forum
Living, Wing’s residential development arm, has completed Kassák Terrace, the third phase of Kassák Project in District 13 of Budapest, featuring 246 apartments.
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News - Speedwell kicks off last phase of resi project in Bucharest
16
Oct
2024

Speedwell kicks off last phase of resi project in Bucharest

by Property Forum
Speedwell has started the construction of the last building of its Triama Residence project in Bucharest.  
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News - Investors see higher interest in resi for rent in Belgrade
15
Oct
2024

Investors see higher interest in resi for rent in Belgrade

by Property Forum
The first larger building that is only intended for rental was opened within the Belgrade-based Skyline project in April and is already over 30% rented, which is a good rate of rental for buildings of this type, according to an opinion of Cordon consultants. 
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News - Residential sales slow down in Poland
15
Oct
2024

Residential sales slow down in Poland

by Property Forum
JLL's forecast for Q3 2024 new flat sales in major markets in Poland has proven accurate, with most cities experiencing a downturn compared to Q2 2024. The number of transactions across the six main markets reached approximately 9,200 units, marking a 6.9% quarter-over-quarter decline. This slowdown was mirrored in new supply, with only 12,600 units launched for sale across these markets. JLL experts provide a comprehensive overview of the residential market conditions in Q3 2024.
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News - Cityring Property explores new resi investment in Bucharest
10
Oct
2024

Cityring Property explores new resi investment in Bucharest

by Property Forum
Romanian developer Cityring Property is exploring a new residential development on a land plot of 6.5 hectares in northern Bucharest close to Atria Urban Resort, where it launched the last development phase.
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News - Resi project construction in Bratislava sees ground level 50% sold out
09
Oct
2024

Resi project construction in Bratislava sees ground level 50% sold out

by Property Forum
The construction of the Millhaus residential building, which Immocap is developing with the financial group Wood & Company in the Nivy zone in Bratislava, has exceeded the ground level. At this stage of construction, more than half of the residential units have already been sold to their owners. 
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News - Home deliveries in Romania fall 20% in H1 2024
08
Oct
2024

Home deliveries in Romania fall 20% in H1 2024

by Property Forum
Romania’s residential market recorded around 26,000 new home completions during H1 2024, down 20% over the same period of last year, according to Colliers data. 
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News - RRG to invest €60 million in Bucharest resi project
08
Oct
2024

RRG to invest €60 million in Bucharest resi project

by Property Forum
RRG Real Estate Group (RRG) says it will invest €60 million in a Bucharest residential project that will be delivered at the end of 2026. 
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News - AFI Europe and FINEP cooperate on rental housing in Prague
07
Oct
2024

AFI Europe and FINEP cooperate on rental housing in Prague

by Property Forum
AFI Europe and FINEP have announced the conclusion of a long-term framework agreement on cooperation in the development of rental housing in Prague. The move is based on their previous collaboration in this area. 
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Latest news


New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.

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