News - Impact Developer & Contractor records 59% fall in profit during 2023
01
Mar
2024

Impact Developer & Contractor records 59% fall in profit during 2023

by Property Forum
Romanian property company Impact Developer & Contractor said its net profit amounted to 39.9 million lei (around €7 million) in 2023, down by more than 59% versus 2022 over lower revenue from residential sales.
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News - Two Polish giants to join forces
28
Feb
2024

Two Polish giants to join forces

by Property Forum
Murapol - one of the largest developers has started a cooperation with EPP - the largest shopping centre manager in the country. They plan to establish joint ventures. They have notified the UOKiK (Office of Competition and Consumer Protection) of their intention to concentrate.
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News - New stage of YIT resi project in Bratislava opens for sale
28
Feb
2024

New stage of YIT resi project in Bratislava opens for sale

by Property Forum
The ZWIRN project in Bratislava is expanding at its last stage. YIT has launched the sale of the first part of apartments and suites of the final stage under the name ZWIRN 2.
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News - Kesz enters Romanian resi segment
27
Feb
2024

Kesz enters Romanian resi segment

by Property Forum
Hungarian construction company Kesz Group has expanded in the Romanian residential segment and will start its first housing project in northern Bucharest. Following this move, the group will act as a construction and developer player on the local market.
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News - Corwin moves ahead with Bratislava brownfield revitalisation
27
Feb
2024

Corwin moves ahead with Bratislava brownfield revitalisation

by Property Forum
Corwin has submitted an intention to revitalize and transform the southern, larger part of the brownfield after the former industrial plant Palma on Račianská Street in Bratislava for the environmental impact assessment (EIA).
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News - Resi sales accelerate growth near Bucharest
26
Feb
2024

Resi sales accelerate growth near Bucharest

by Property Forum
Residential transactions in Bucharest fell by 17% in 2023 versus the previous year, while in neighbouring Ilfov County the volume of deals rose by 6% over smaller prices of homes, according to a iO Partners report.
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News - SHD opens sales for resi project in Prague's Vysočany
22
Feb
2024

SHD opens sales for resi project in Prague's Vysočany

by Property Forum
Rezidence Klíčov, a SHD Real Estate residential project, is moving into the construction phase. At the same time, the developer is opening sales for this residential community in Vysočany, Prague 9.
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News - New Aston project in Bratislava moves ahead in permitting
22
Feb
2024

New Aston project in Bratislava moves ahead in permitting

by Property Forum
A new high-rise building replacing an older hotel on the busy Bajkalská street in Bratislava has received an EIA approval, reports YIMBA.sk.
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News - Zeitgeist opens private dormitory in Warsaw
20
Feb
2024

Zeitgeist opens private dormitory in Warsaw

by Property Forum
Zeitgeist Asset Management has obtained the occupancy permit for a private dormitory at 22 Solec in Warsaw. The company has renovated a former office building to become a flagship project of Zeitraum Student Housing in Poland, offering 214 beds and a common area with a variety of services. 
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News - Railway station in Prague to be converted to apartments
20
Feb
2024

Railway station in Prague to be converted to apartments

by Property Forum
The Vyšehrad Railway Station located in a UNESCO protection zone in Prague has been in disrepair for many years, even in danger of complete collapse. The new owner is now introducing plans on how to revitalize it.
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Latest news


New leases

  • IWG has opened a new Regus work space at Sky Tower, Chișinău. The company has opened a 1.000 sqm space on the first floor of the office building.
  • Strategy has extended its lease agreement for office space in the Skyliner office building in Warsaw, part of the Karimpol Group's portfolio. Strategy occupies 1,500 sqm of office space on the 22nd floor of Skyliner I and was the building's first tenant.
  • Hesburger has opened a new restaurant spanning 223 sqm in Cosmopolis, near Bucharest, following a €1 million investment.

New appointments

  • CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.
  • Věra Hordóssyová has joined GARBE Group as Account and Financial Manager. She brings over 20 years of experience in finance and accounting, having held roles such as Chief Accountant and Financial Controller.
  • Krzysztof Szargawiński has joined Avison Young Poland’s Office Agency team as an Associate Director. In his new role, Krzysztof will be responsible for leading the department’s projects in the Wrocław region. He brings over 20 years of experience in the Polish commercial real estate market, gained primarily in Wrocław, Warsaw, and Katowice.

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