News - Living secures funding for resi project in Budapest
22
Oct
2024

Living secures funding for resi project in Budapest

by Property Forum
Living, Wing’s residential development arm, has secured a financing worth HUF 12 billion from Erste Bank for the construction of the Római Park residential project in Buda. Construction works started last August, with completion expected in 2026.
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News - PSN renovates resi building in Prague
22
Oct
2024

PSN renovates resi building in Prague

by Property Forum
PSN has started the complete reconstruction of an apartment building in Prague 3 in Žižkov, where a total of 54 units will be created. 
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News - Immocap gets green light for mixed-use project in Bratislava
18
Oct
2024

Immocap gets green light for mixed-use project in Bratislava

by Property Forum
The EHQ mixed-use complex in the Mlynské Nivy quarter in Bratislava, developed by Immocap, has received a positive standpoint from the Bratislava Municipality. This important milestone enables the developer to continue in the permitting process.
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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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Latest news


New leases

  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.
  • Primark will launch its first retail location in Craiova in early June. The 3,185 sqm store will be situated within ElectroPutere Mall and marks the retailer’s fifth unit in Romania.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • 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.

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