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

  • 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.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • 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.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.

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