News - Resi sales in Romania up 16% in H1 2024
07
Jul
2024

Resi sales in Romania up 16% in H1 2024

by Property Forum
More than 77,200 homes were sold in Romania during H1 2024, up by 16% compared to the same period from 2023, while in Bucharest-Ilfov area the growth stood at 25%, according to a report by SVN Romania based on official statistics.
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News - Bucharest sees 27% gain in resi sales during June 2024
07
Jul
2024

Bucharest sees 27% gain in resi sales during June 2024

by Property Forum
Residential sales in Bucharest were up 27% in June 2024 compared to the same month of last year.
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News - Prime Kapital kicks off new resi phase in Iași project
05
Jul
2024

Prime Kapital kicks off new resi phase in Iași project

by Property Forum
Prime Kapital has started the development of the third residential phase of its mixed-use scheme Silk District in Iași.
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News - Speedwell enters into Warsaw market with its first PBSA project
04
Jul
2024

Speedwell enters into Warsaw market with its first PBSA project

by Property Forum
BPI Real Estate Poland in partnership with Acteeum Group has sold a site in Warsaw to the Romanian-Belgian real estate developer Speedwell. With this acquisition, Speedwell enters the Polish market and announces the development of its first student housing project in Poland.
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News - Penta and Kaprain finish resi project in Prague
04
Jul
2024

Penta and Kaprain finish resi project in Prague

by Property Forum
The Victoria Palace building on Vítězné Square in Prague has received valid building use approval. The project developed by Penta Real Estate and Kaprain has been designed with 92 high-end apartments and retail units on the ground floor. 
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News - Rinzle Rača achieves important permitting milestone
02
Jul
2024

Rinzle Rača achieves important permitting milestone

by Property Forum
The mixed-use project Rinzle Rača has received a decision from the EIA process about no further assessment, Yimba.sk reports. The project is planned in the area of Rinzle in the Rača district of Bratislava on a sloping terrain of former vineyards. 
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News - YIT sells Prague project to cooperative
28
Jun
2024

YIT sells Prague project to cooperative

by Property Forum
The YIT company has sold the Rivi Bachova project in the Praha-Chodov district to the Rivi Construction Cooperative. The interest in cooperative housing is increasing given the situation in the Czech mortgage market.
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News - New player roomies enters PBSA market in Poland
28
Jun
2024

New player roomies enters PBSA market in Poland

by Property Forum
A new player enters the field of private student housing investments in Poland. roomies is a startup with the aim to invest in PBSA in Poland and to develop more than 2,000 units within the next 5 years. 
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News - UBM completes timber resi project in Prague
27
Jun
2024

UBM completes timber resi project in Prague

by Property Forum
UBM Development Czechia is completing the Timber Praha residential project, the first sustainable timber apartment building in Prague. Unlike multi-storey foreign projects, this one has reached a height of four floors, i.e. 12 meters of fire height.
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News - We Rent Communities expands Bucharest portfolio
27
Jun
2024

We Rent Communities expands Bucharest portfolio

by Property Forum
Built-to-Rent specialised investor We Rent Communities has completed a new residential building with 81 apartments for rent in Bucharest. The development has a gross value of more than €15 million.
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Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.

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