ARTICLES IN Residential  TOPIC

News Rising yields boost attractiveness of European resi market
10
Nov
2023

Rising yields boost attractiveness of European resi market

by Property Forum
Prime yields for apartment blocks, which move in the opposite direction to prices, continue to rise across Europe and stood at 4.35% in Q3 2023, 38 basis points higher than in the first quarter this year, according to research by Catella Group.
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News Bratislava's tallest skyscraper secures approval
07
Nov
2023

Bratislava's tallest skyscraper secures approval

by Property Forum
Eurovea Tower, the first skyscraper in Bratislava on the Danube embankment, has received usage approval. Construction of Slovakia’s tallest building was led by J&T Real Estate (JTRE) and completed less than four years after obtaining the building permit. Only apartment interiors and common areas need to be finished before properties are handed over in spring 2024, the developer announced. 
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News Bucharest sees high demand for private student housing
07
Nov
2023

Bucharest sees high demand for private student housing

by Property Forum
There is a high demand for private accommodation in Bucharest, offering students modern and flexible accommodation options, with the current supply covering less than half of the actual requirements, according to Colliers data.
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News IMPACT completes PV park in Bucharest resi project
02
Nov
2023

IMPACT completes PV park in Bucharest resi project

by Property Forum
Romanian developer IMPACT Developer & Contractor has completed a photovoltaic park in its Bucharest-based Greenfield Băneasa residential project. The company has invested around €2.75 million in the project that has a total capacity of 700 kWp.
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News Akcent Development starts resi project in northern Bucharest
31
Oct
2023

Akcent Development starts resi project in northern Bucharest

by Property Forum
Romanian developer Akcent Development has started the construction of the Akcent City project, consisting of 723 apartments, in northern Bucharest. The company is investing around €90 million in the project expected for delivery in H2 2025.
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News New dormitory built by Kajima Poland is opened in Warsaw
27
Oct
2023

New dormitory built by Kajima Poland is opened in Warsaw

by Property Forum
A new premium-quality privately-owned student residence has been launched as part of the Student Depot chain. Offering a total of 540 rooms and located at the junction of Modzelewskiego Street and Wilanowska Avenue in Warsaw, the facility was constructed on a turnkey basis by Kajima Poland. 
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News Trei obtains building permit for its first PRS project in Poland
27
Oct
2023

Trei obtains building permit for its first PRS project in Poland

by Property Forum
Trei Real Estate GmbH has obtained the building permit for its first rental housing development in Poland. Named UP2U and consisting of three buildings, the development will create a total of 460 one- to three-room apartments with a combined floor area of around 20,000 sqm in the immediate vicinity of the town centre of Poznań. 
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News Bratislava's residential market remains stagnant
23
Oct
2023

Bratislava's residential market remains stagnant

by Property Forum
Bratislava's residential new building market continued in stagnation during the period of Q3 2023. Sales remained at the same low level as in the previous two quarters, meaning fewer than 200 apartments were sold. The supply of new apartments increased only slightly, with a similarly slow rise in price to €5,100/sqm incl. VAT. The price increase is due to the arrival of new apartments in the higher housing segment while the average price of existing projects remains unchanged, reported analysts from Bencont Investments.
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News Creditas Real Estate completes 161 apartments near Kladno
19
Oct
2023

Creditas Real Estate completes 161 apartments near Kladno

by Property Forum
The first residents will move into Creditas Real Estate's Nové Boroviny residence near Kladno (30 km north of Prague) in early 2024. In the first stage of the project, there are 161 flats with layouts from 1+kk to 4+kk, some of the flats have already been sold. 
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News UDI Group to expand Prague shopping centre with apartments
19
Oct
2023

UDI Group to expand Prague shopping centre with apartments

by Property Forum
Developer UDI Group will launch a residential development in Prague directly opposite the Lužiny metro station. With an investment of more than CZK 1.3 billion (€52.6 million), two apartment buildings will be built here to complement the shopping centre, in line with the original plan from the 1980s. 
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Latest news


New leases

  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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