News - Intrade receives key decision for resi project in Bratislava
22
May
2024

Intrade receives key decision for resi project in Bratislava

by Property Forum
The mixed-use complex Lake Station in Nové Mesto in Bratislava by Intrade Asset Management has managed the EIA process extremely quickly, reports Yimba.sk. Dominant towers are planned on the former brownfield near the railway station.
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News - Crestyl adds fifth resi building in Prague project
22
May
2024

Crestyl adds fifth resi building in Prague project

by Property Forum
Development group Crestyl has presented the new Kappa residential building on Prague's Hagibor next to the Želivského metro station. The construction of the fifth apartment building within the Hagibor project is starting at the beginning of 2025, with completion scheduled for 2027.
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News - Central Group shows updated design of Žižkov quarter in Prague
21
May
2024

Central Group shows updated design of Žižkov quarter in Prague

by Property Forum
The new design of Nový Žižkov Centre has revealed the most significant change of replacing the original design of 3 towers reaching a height of 100 metres with only one centrally located undulating tower. The investor of this project in Prague 3 is the Czech residential builder Central Group.
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News - JTRE moves ahead with development on Danube's right bank in Bratislava
20
May
2024

JTRE moves ahead with development on Danube's right bank in Bratislava

by Property Forum
In the foreseeable future, the centre of Bratislava should expand to the right bank of the Danube River. The key project, Nové Lido by J&T Real Estate, entered the first part of permitting, informs Yimba.sk.
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News - WOOD & Company enters resi project in Trenčín
20
May
2024

WOOD & Company enters resi project in Trenčín

by Property Forum
Nová Merina in Trenčín is a project that has brought together the original investor Occam Real Estate and the city in the development efforts. Now a new investor, WOOD & Company, is entering the project.
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News - PSN sees potential in rental housing
16
May
2024

PSN sees potential in rental housing

by Property Forum
The real estate market in the Czech Republic has recently been most influenced by the overall economic situation associated with current events in Europe including the war in Ukraine, expensive energy prices and high interest rates. According to 2023 PSN data in the residential segment, the situation is favourable for investor purchases.
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News - Iuris moves resi project in Bratislava closer to construction
14
May
2024

Iuris moves resi project in Bratislava closer to construction

by Property Forum
The Pri Mlynoch project in Bratislava has been associated with a long wait for permits, although located in an important transformational area of ​​Mlynské Nivy. But now its developer Iuris has marked an important milestone and moved closer to realisation, reports Yimba.sk.
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News - Linkcity to launch Ostrava resi project this year
13
May
2024

Linkcity to launch Ostrava resi project this year

by Property Forum
The mixed-use Residence Stodolní by developer Linkcity is replacing a complex of dilapidated buildings in the existing central development right next to the Plato modern art gallery in Ostrava. The whole area is transforming thanks to a new pedestrian zone with greenery as a joint investment of the city and the developer.
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News - Hagag Development Europe buys resi development in Bucharest
09
May
2024

Hagag Development Europe buys resi development in Bucharest

by Property Forum
Hagag Development Europe has purchased a residential complex under development in Eastern Bucharest, located on a former industrial platform.
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News - Mortgages loans in Romania up 29% in Q1 2024
09
May
2024

Mortgages loans in Romania up 29% in Q1 2024

by Property Forum
The volume of new mortgage loans amounted to €1.1 billion in Q1 2024, up by around 29% compared to the same period of last year, according to a report by SVN Romania | Credit & Financial Solutions.
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Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.

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