20
Aug
2024
Aug
2024
RE/MAX: Mortgage backed resi sales in Romania up in H1 2024
Sales of homes funded by bank loans rose by 40% during H1 2024 compared to the same period of last year over the reduction of interest rates and the increase in transaction prices, according to transactions brokered by RE/MAX Romania.
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20
Aug
2024
Aug
2024
Bellemonde secures funding for resi project near Bucharest
Romanian developer Bellemonde Developement has obtained €21 million in funding from Libra Internet Bank for a residential project in Pipera, near Bucharest.
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19
Aug
2024
Aug
2024
UBM completes next stage of resi project in Prague
UBM Development Czechia has completed 3 apartment buildings in the Arcus City residential complex on the border of the Stodůlky and Řeporyje districts of Prague. Of the 66 apartments in the second stage, half of the units are currently available for purchase.
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14
Aug
2024
Aug
2024
HILS Development posts 28% resi sales growth in H1 2024
Romanian developer HILS Development has announced a 28% increase in residential sales during H1 2024 compared to the same period of last year, while revenue was up 25% year-on-year.
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13
Aug
2024
Aug
2024
Grafobal secures green light for Bratislava mixed-use project
Grafobal Group Development has received the first permit for the Patio project on Hraničná Street in Bratislava, reports Yimba.sk. The former brownfield is going to change into a mixed-use development.
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13
Aug
2024
Aug
2024
UDI launches sale of resi units in Costa Rica
Czech development group UDI Group has launched the sale of its residential project in Costa Rica. The group is planning the construction to start at the beginning of next year, investing almost CZK 500 million (€20 million) in the project.
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09
Aug
2024
Aug
2024
MiddleCap moves ahead in permitting of Bratislava resi project
MiddleCap Real Estate is planning to build a mixed-use project New Center Ružinov on the plot of a former department store in Ružinov, Bratislava, reports Yimba.sk.
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08
Aug
2024
Aug
2024
Fortim Trusted Advisors starts resi sale for Bucharest project
Fortim Trusted Advisors has announced the start of apartment sales in the Corallis residential project developed by KÉSZ Romania in northern Bucharest.
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07
Aug
2024
Aug
2024
Romania ranks among cheapest resi markets in Europe
The average price of new homes in Romania amounted to €1,504 per sqm in 2023, which was the third lowest price in Europe, behind Bosnia and Herzegovina and Greece, according to a Deloitte report.
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07
Aug
2024
Aug
2024
One United Properties posts slight growth of resi sales in H1 2024
Romanian developer One United Properties says its volume of sold and pre-sold residential units, parking spaces and commercial spaces amounted to around €123.8 million during H1 2024. This result is up by 2.5% compared to the same period of last year.
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Latest news
- BPI Real Estate Poland and Speedwell start large scale resi project in Gdańsk
- Intrade Group to kick off new resi development in Bratislava this year
- Prologis buys DSV-occupied warehouse near Prague
- Zinan invests over €30 million in Iași resi complex
- Ten Eleven Development kicks off Bucharest’s first Versace Ceramics branded residence
- Foreign interest in Hungarian property market remains steady
- Belgrade metro project set to transform Serbia's economy
- Data and energy performance are redefining real estate value
- A new era for Hungary: What does it mean for investors?
- LemonTree starts third Szczecin project with 39,600 sqm facility
New leases
- XXS GYM has signed a lease for over 850 sqm of space in the modern O3 Business Campus office complex, located on Opolska Street in the northern part of Cracow.
- Alior Bank has extended its lease at Ocean Office Park B in Kraków to accommodate its Private Banking Department. The deal, supported by brokerage firm CBRE, marks the final stage of a two-year consolidation of the bank's Kraków operations. Following the expansion, the bank occupies approximately 7,000 sqm within the Cavatina Group-owned complex.
- TriGranit has finalized a lease extension with Mondelez Europe Services to remain in the Signum Work Station building through 2032. Facilitated by broker CBRE, the agreement secures nearly 4,000 sqm of office surface for the global snacks group member within Warsaw’s Mokotów district.
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.
