ARTICLES IN Residential  TOPIC

News Residential drives Romania’s retail loan segment
29
Jun
2021

Residential drives Romania’s retail loan segment

by Property Forum
The residential sector has proven its resilience during the pandemic and housing accounts for 69% (over €20 billion) of the loans granted to Romanians, according to a report by the National Bank of Romania (BNR). 
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News Bitcoin accepted as payment for Bucharest penthouse
28
Jun
2021

Bitcoin accepted as payment for Bucharest penthouse

by Property Forum
The most popular cryptocurrency in the world is one of the eligible payment options for a luxurious penthouse in Bucharest, in the latest venture of real estate consultancies in the digital field.
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News C&W: tenants in Poland look for two-room apartments
28
Jun
2021

C&W: tenants in Poland look for two-room apartments

by Property Forum
56% of the respondents are looking for two-bedroom flats, reveals a survey from Cushman & Wakefield carried out by SW Research on a representative sample of the inhabitants of the largest Polish cities.
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News Trei starts construction of two projects in Poland
24
Jun
2021

Trei starts construction of two projects in Poland

by Property Forum
Trei Real Estate is moving ahead with two large-scale residential projects in Poland. In Wrocław, the company launched the third construction stage of the “Bacciarellego 54” quarter, which will deliver a total of 91 apartments when completed by year-end 2022. In Łódź – with its population of around 700,000 the third-largest city in Poland after Warsaw and Krakow – Trei is about to kick off its second construction stage, which comprises 88 residential units. All things considered, Trei is planning to build a total of 1,320 residential units in Poland in the years ahead and will invest a total of €125 million.
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News Equilis Poland to build 1,000 apartments in Warsaw
23
Jun
2021

Equilis Poland to build 1,000 apartments in Warsaw

by Property Forum
In mid-April this year, Equilis Poland finalized the land purchase transaction in Warsaw's Ursus district and plans to implement development of over 1,000 apartments there. Construction is scheduled to begin in the upcoming year.
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News Wing completes residential complex in Budapest
22
Jun
2021

Wing completes residential complex in Budapest

by Property Forum
Living, Wing’s residential property development umbrella brand, has completed its new residential park, Metropolitan Garden, in District 13, near Béke tér. Metropolitan Garden offers homes of various sizes between 30 sqm and 110 sqm in area. Each apartment has a balcony and is equipped with smart solutions.
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News Cordia and 7R to work with BauApp solutions
21
Jun
2021

Cordia and 7R to work with BauApp solutions

by Property Forum
According to a report by McKinsey & Company, the digitalisation of products and processes is one of the new standards in the global construction sector. All indications are that the construction industry is also following in its footsteps. After the leaders from the office real estate sector, other leading companies on the Polish market, this time from the residential and logistics sector, are deciding on comprehensive digitisation of administrative processes at construction sites of their investments. Cordia Polska and 7R have signed long-term cooperation agreements with BauApp, a provider of a mobile application, tailored to the specific needs of companies operating in the CEE market.
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News Old rental apartments fall out of favour
21
Jun
2021

Old rental apartments fall out of favour

by Property Forum
Cushman & Wakefield has analysed the findings of a survey carried out by SW Research on a representative sample of the inhabitants of the largest Polish cities. The amount of rent and the standard of accommodation are key to home renters. 
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News Budimex Nieruchomości becomes Spravia
15
Jun
2021

Budimex Nieruchomości becomes Spravia

by Property Forum
Budimex SA has signed the final sales agreement of Budimex Nieruchomości. Therefore, the private equity investment firm Cornerstone Partners and Czech development group Crestyl took over the entire shareholding of the company.  This is the biggest acquisition in Poland and Central and Eastern Europe since the outbreak of COVID-19 pandemic. The next stage is changing the name of the company - Budimex Nieruchomości is now Spravia.
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News Geometrik Build invests €20 million in Constanța
14
Jun
2021

Geometrik Build invests €20 million in Constanța

by Property Forum
Real estate developer Geometrik Build will invest €20 million in its first large-scale residential project located in southern Constanța. 
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Latest news


New leases

  • The Lux Med Group will join the ranks of the Fabryczna Office Park complex being developed by the Inter-Bud Group as part of the Fabryczna City project - an omni-functional investment being built on Aleja Pokoju in Krakow. The lease agreement between Lux Med Group and Inter-Bud Group was signed for over 1.7 thousand sqm.
  • The group of tenants of Dekada Nysa (southwestern Poland) is expanding. Family Pets & Zoo will occupy a 258 sqm showroom, where it will offer a wide selection of food, supplements for dogs and cats, cosmetics, toys and many other pet products.
  • Flexion Mobile Plc's Hungarian branch has chosen traditional long-term office leasing over previously used serviced office rental and is moving to the ZenGarden office building in Budapest.

New appointments

  • Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
  • Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.
  • Dominika Bombik has taken up the position of Marketing and Communications Director at BPI Real Estate Poland. She will be responsible for the creation and implementation of marketing activities for the residential property product portfolio and the developer's image on the Polish market.

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