The construction of the Astrid Garden project by UBM Development Czechia is reaching its construction end and completion. The complex of seven newly built and one reconstructed building from the beginning of the 20th century in the Holešovice district in Prague is scheduled for approval in July 2024.

STC Partners has obtained a bank loan of €10 million from Banca Transilvania for the construction of the second phase of its Quartier Azuga residential project in Bucharest.

Prime Kapital aims to deliver by the end of 2025 the second phase of its Avalon Estate residential project based near Bucharest.

Romanians’ intention to buy a home in the next 12 months is approaching the levels seen between 2006 and 2008, according to a recent Colliers analysis based on Eurostat data.

Belgradee’s residential market recorded transactions worth €479.6 million during Q1 2024, down by around 11% compared to the same period of 2023, but the overall amount spent is still high, according to a report by real estate agency Cordon.

Avico Group has reached structural completion for its Univery residential project located in Budapest’s District VIII and aims to deliver the building in Q1 2025.

International investment and development group AFI Europe and Czech developer Finep have announced two signed transactions adding more than 800 apartments in two different locations to the Prague rental housing market over the next three years.

The fourth tower of the mixed-use Sky Park project in downtown Bratislava has been officially approved for use, according to the schedule outlined by the investor Alro Real Estate 2 years ago.

Developer YIT Slovakia has been planning the construction of the Smartti residential project on Údernícká Street in the Petržalka part of Bratislava for some time. After several years of no news, the project is moving ahead, Yimba.sk reports. Local authorities of Petržalka city part have issued a decision on the location of the building, shifting the development towards its implementation.

Romanian developer Metav has obtained the construction permit for a new residential project in Pipera, near Bucharest, and will start the development of the project this month.