News - MetaWealth inks tokenization deal with One United Properties
07
May
2024

MetaWealth inks tokenization deal with One United Properties

by Property Forum
Fintech start-up MetaWealth has partnered with One United Properties in a €20-million framework agreement for rental apartments. In the first phase, MetaWealth will list on its platform 31 apartments developed in One Lake District, which have a total estimated investment value of €5.5 million. The fintech said that two more assets will be listed in the following 12 months.
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News - Developer duo receives loan for resi project in Bratislava
06
May
2024

Developer duo receives loan for resi project in Bratislava

by Property Forum
The Millhaus residential project, with which developer Immocap and the investment group WOOD & Company have entered the residential market in Bratislava recently, has reached another important milestone.
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News - JTRE launches Downtown Yards project in Bratislava
02
May
2024

JTRE launches Downtown Yards project in Bratislava

by Property Forum
JTRE has opened its residential project Downtown Yards in Bratislava for pre-sale and 20% of the stock is gone. This may indicate the asset class's return to a healthier status after a two-year slowdown.
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News - Green homes’ value in Romania reaches close to €3 billion
29
Apr
2024

Green homes’ value in Romania reaches close to €3 billion

by Property Forum
Over 15,000 homes in Romania have received the green building certification between 2014 and 2024, and their combined value stands close to €3 billion, according to the Romania Green Building Council (RoGBC).
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News - Prima Development makes large land purchase in Bucharest
29
Apr
2024

Prima Development makes large land purchase in Bucharest

by Property Forum
Prima Development Group has purchased a land plot spanning 6 hectares in northern Bucharest, where it plans to develop a large-scale residential project. The developer already owns another land plot of 5 hectares in the same area.
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News - Slovak developer enters German market
25
Apr
2024

Slovak developer enters German market

by Property Forum
JTRE is strengthening its position as an international developer. It has established a German branch and has announced its first project in the central Berlin location.
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News - Hercesa’s resi pipeline in Bucharest counts 1,000 units
25
Apr
2024

Hercesa’s resi pipeline in Bucharest counts 1,000 units

by Property Forum
Hercesa Romania has 1,000 apartments under construction and in preparation in two residential projects based in Bucharest.
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News - STC Partners stars second phase of Bucharest resi project
25
Apr
2024

STC Partners stars second phase of Bucharest resi project

by Property Forum
STC Partners has kicked off the development of the second phase of residential complex Quartier Azuga in Bucharest, with a planned investment of more than €15 million.
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News - EBRD supports development of new housing in Poland
23
Apr
2024

EBRD supports development of new housing in Poland

by Property Forum
The European Bank for Reconstruction and Development (EBRD) is supporting the development of residential housing in Poland by extending a loan of PLN 58.9 million (€13.7 million) to the Polish subsidiary of Nrep Nordic Strategies Fund IV. The EBRD’s loan, provided in Polish zloty, will finance Nrep’s first flexible living property in Poland under its brand Noli Studios. The signing follows an earlier commitment to Nrep of PLN 63.2 million, which supported the development of two residential-for-rent assets in Nrep’s portfolio in Poland, bringing 220 residential units to the Polish housing market.
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News - PSN completes and sells out Prague resi project
22
Apr
2024

PSN completes and sells out Prague resi project

by Property Forum
PSN has completed the renovation of an apartment building from the 1930s. The BackYard Dejvice project in Prague has been targeted at the young generation and investors. The project is approved for use and is already sold out.
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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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