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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News - YIT and RSJ establish JV and plan Baltic expansion
07
May
2024

YIT and RSJ establish JV and plan Baltic expansion

by Property Forum
YIT has signed agreements to establish three joint ventures with the Czech investment group RSJ Investments in Lithuania, Latvia, and Slovakia. YIT is selling plots or projects under construction to joint ventures under the same agreement.
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News - Resi project in Bratislava receives green light
07
May
2024

Resi project in Bratislava receives green light

by Property Forum
Since the end of April, the residential project Pri studničke of the developer Studnička Development has had a valid building permit issued. The residence is planned near Bratislava's greatest forest park Železná studnička, in the location adjacent to the future research center Eset Kampus.
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Latest news


New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • 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.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.

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