ARTICLES IN Residential TOPIC

News Resi4Rent receives first use permit in Poland
23
Sep
2019

Resi4Rent receives first use permit in Poland

by Property Forum
Resi4Rent, the first institutional privately-run platform of apartments for rent in Poland, has been granted a use permit to its first building at Rychtalska street in Wrocław. Fitting-out works of apartments are in progress and soon residents will move into the building.
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News Cordia plans further expansion in CEE
19
Sep
2019

Cordia plans further expansion in CEE

by Property Forum
Cordia is now increasing its capital exports and foreign investments. In addition to the Romanian and Polish market, the company also has presence in Spain with a pilot project. All of this fits into Cordia’s strategy to become a dominant property developer at European level, while maintaining Hungary's key role in the company’s operation.
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News Cordia builds high-rise building in Warsaw
16
Sep
2019

Cordia builds high-rise building in Warsaw

by Property Forum
Cordia, a major player in the Hungarian market owning numerous property developments in Romania and in three Polish cities, has started construction of its tallest residential property ever in Warsaw. Being built on the shore of Vistula river, the 164-apartment premium-class building offers easy access to any part of the Polish capital.
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News Metro access drives up residential prices in Warsaw
12
Sep
2019

Metro access drives up residential prices in Warsaw

by Property Forum
Those districts of Warsaw which can be reached by metro are becoming more attractive, according to JLL’s latest report. Can Bemowo match the rapid development taking place in Wola and Praga Północ?
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News Hagag breaks ground on its largest Bucharest project
14
Aug
2019

Hagag breaks ground on its largest Bucharest project

by Property Forum
Real estate developer Hagag Development, part of Hagag Group Israel, breaks ground on its largest residential project to be developed in Romania: H Pipera Lake. Out of the total number of 390 apartments to be delivered in the first phase, 45% have already been sold.
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News Poland’s residential market cools down a bit
31
Jul
2019

Poland’s residential market cools down a bit

by Property Forum
In Q2 2019, developers operating on the six largest markets in Poland sold the total of 15,100 units, i.e. 8% less than in the previous quarter. The new supply in that period equalled 14,900 units – hence, the offer volume remained at the level of the previous quarter. The latest JLL’s report entitled “Residential Market in Poland Q2 2019” shows that prices of residential units are still growing, but at a much slower rate. This makes it possible for developers to maintain margins at a satisfactory level.
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News Golub GetHouse presents new real estate brand
20
Jun
2019

Golub GetHouse presents new real estate brand

by Property Forum
Golub GetHouse’s new real estate brand, Inspirentals, will be the vehicle for development projects in the Private Rented Sector offering a range of amenities available to all residents that are rare on the Polish market. The Warsaw-based Postępu Apartments (working name) and Liberty Tower projects, among others, will be completed under the new Inspirentals brand.
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News Residential developers still doing well in Poland
09
May
2019

Residential developers still doing well in Poland

by Property Forum
In the first quarter of this year, residential developers on the six major markets in Poland sold 16,500 new flats, repeating the result attained in Q4 2018. During this same period, a similar number, 16,800 units, were put up for sale. Poznań and Łódź are experiencing a late boom, as sales on these markets reached record highs in Q1 2019, according to JLL’s latest report.
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News Cordia concludes loan agreements worth €87 million
02
May
2019

Cordia concludes loan agreements worth €87 million

by Property Forum
Following the financing agreements worth €51 million announced in January, Hungarian residential property developer, Cordia has signed further loan agreements worth €86.6 million. Futureal Group’s subsidiary has concluded the recent contracts with OTP Bank, Takarék Group and Sberbank in order to finance its 5 residential property projects in Budapest.
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News Biggeorge plans large mixed-use project in Budapest
04
Apr
2019

Biggeorge plans large mixed-use project in Budapest

by Property Forum
Local developer Biggeorge Property has unveiled plans for a new city centre development in Budapest’s Óbuda district. The 5 ha project would include 1400 apartments and 10,000 sqm of commercial space upon completion. Handover of the first phase with 257 apartments in three buildings is scheduled for 2010.
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Latest news


New leases

  • Wunderman Thompson Technology has decided to relocate its office in Poznań to the Nowy Rynek E building by Skanska, under construction at the junction of Wierzbięcice and Matya streets. In selecting the location and negotiating the lease, the tenant was supported by experts from the Poznań office of the Colliers consulting company.
  • Objectivity, an IT company, has extended its lease agreement in Wrocław's West Forum complex. The annex concerns nearly 4,400 sqm of office space and approximately 140 parking spaces.
  • Consulting firm Altman Solon has leased 900 sqm of office space on the 21st floor of the Widok Towers skyscraper in Warsaw. It will move into its new office at the end of the year.

New appointments

  • Dominik Pawlak takes the position of Director in the Office Agency department at Avison Young Poland, where he will be responsible for the company's key clients, as well as training junior team members.
  • Tezenis brand has joined the tenants of Galeria Warmińska. This is the first showroom of this Italian brand in Olsztyn in Poland. The new boutique occupies an area of approximately 190 sqm.
  • Anna Trębicka will be responsible for the integration of all CBRE business lines in the Łódź region in Poland, as well as the development and proper functioning of the Łódź branch.


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