30
Oct
2024
Oct
2024
Mortgage loan volumes in Romania gain 49% on eight months
Mortgage loans worth €5.5 billion were granted in total at a national level in the first eight months of 2024, up 49% compared with the same period of last year, according to data from the National Bank of Romania (NBR).
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29
Oct
2024
Oct
2024
Park Properties buys 15,000 sqm land plot near Bucharest
Real estate developer Park Properties has purchased a 15,000 sqm land plot on the shores of Lake Snagov, near Bucharest, for a luxury villa residential development.
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23
Oct
2024
Oct
2024
UDI prepares plot for new resi project in Belgrade
UDI Group is launching its next residential project Zvezdano Brdo (Starry Hill) in the capital of Serbia, Belgrade. Serbia is the largest foreign market for the Czech UDI Group. It is building or preparing four projects here, including the entire new Duga district for CZK 14 billion (€555 million).
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22
Oct
2024
Oct
2024
Living secures funding for resi project in Budapest
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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22
Oct
2024
Oct
2024
PSN renovates resi building in Prague
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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18
Oct
2024
Oct
2024
Immocap gets green light for mixed-use project in Bratislava
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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17
Oct
2024
Oct
2024
Prime Kapital kicks off development of 600 apartments in Romania
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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17
Oct
2024
Oct
2024
Wing fully delivers residential project in Budapest
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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16
Oct
2024
Oct
2024
Speedwell kicks off last phase of resi project in Bucharest
Speedwell has started the construction of the last building of its Triama Residence project in Bucharest.
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15
Oct
2024
Oct
2024
Investors see higher interest in resi for rent in Belgrade
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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Latest news
- Revetas Capital sells Kraków office building to Proton Property
- Park Properties starts construction of a villa complex near Bucharest
- Croatia's hospitality construction faces slowdown risk this summer
- Romania's industrial stock tops 8 million sqm in Q1 2026
- CEE real estate investment posts strong recovery in 2025
- Panattoni starts 20,000 sqm logistics centre for Toyota in Warsaw
- Aupark Shopping Centre secures €270 million refinancing
- 7R to develop 230,000 sqm urban logistics complex in Kraków
- Skanska advances with second phase of H2Offices complex in Budapest
- Hubix invests in Timișoara mixed-use project
New leases
- Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
- Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
- Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
New appointments
- iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
- Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
- 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.
