ARTICLES IN Residential  TOPIC

News - Penta Real Estate to expand Bratislava resi project
14
Sep
2023

Penta Real Estate to expand Bratislava resi project

by Property Forum
Four more apartment buildings are to be built in the vicinity of Bratislava's Bory Hospital and the Bory Promenade residential phase. Penta Real Estate wants to build more than 300 flats there and therefore intends to submit the relevant documentation to the permit authorities in September, according to the Hospodarske noviny daily quoted by Reality.trend.sk. The developer plans to start construction in 2026.
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News - Prague district reaches deal with two developers
14
Sep
2023

Prague district reaches deal with two developers

by Property Forum
The Prague 3 City Council has approved two contracts with developers Penta and Finep to build on one of Prague's largest brownfield sites at the former Žižkov railway station. This may lead to a change in the zoning plan, which the developers have been waiting for. On the other hand, the city and the district itself will receive CZK 267 million (almost €11 million) in so-called contribs, which will go towards building public parks, reconstructing schools and building a new kindergarten, writes e15.cz.
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News - Resi development activity in Hungary hits 10-year low
11
Sep
2023

Resi development activity in Hungary hits 10-year low

by Property Forum
Few multi-unit residential construction works started in Hungary, a little above HUF 50 billion, mainly a few larger projects. And although Q2 brought a rise in Activity-Start, the value of the indicator was far below the quarterly numbers of 2017-2019 and 2021-2022, according to the latest EBI Construction Activity Report.
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News - PSN builds another residential project in Prague Modřany
11
Sep
2023

PSN builds another residential project in Prague Modřany

by Property Forum
PSN has launched a new project, Ahoj Vanguard, in Československého exilu Street, near the former Microna factory, which is currently being converted into Vanguard Prague industrial housing with 150 lofts. They will be connected not only by an underground tunnel but also by a common background with a spa and wellness area with a swimming pool. The new construction of Ahoj Vanguard with 94 apartments is characterised by colours and a large amount of greenery. The new PSN project is scheduled for completion at the end of 2024.
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News - Heatwaves bring around A/C revolution in Hungary
08
Sep
2023

Heatwaves bring around A/C revolution in Hungary

by Property Forum
Based on the data from the Central Statistical Office of Hungary's (KSH) 2022 census, it seems that an A/C revolution is taking place in the Hungarian residential property market. The figures suggest that there will soon be areas where air cooling will be as much a part of the expected comfort of homes and rental properties as flush toilets and hot water. According to an expert at OTP Real Estate Point, this process was triggered by a particular confluence of circumstances at the beginning of the decade.
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News - Primavera Development starts villa project in northern Bucharest
04
Sep
2023

Primavera Development starts villa project in northern Bucharest

by Property Forum
Primavera Development has started the construction of a new complex of villas in northern Bucharest, with an estimated investment of around €30 million. 
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News - Shortage of private student housing persists in Poland
01
Sep
2023

Shortage of private student housing persists in Poland

by Property Forum
With the new academic year approaching, thousands of students are stepping up their search for accommodation. Meanwhile, Cushman & Wakefield has identified that, given the current bed provision in Poland, just 10% of all students can be accommodated in university-owned and private halls of residence. Those considering looking for privately rented accommodation will, however, face many challenges. According to Otodom, the availability of rental residential units in many key university towns is shrinking while rents continue to rise, with rental growth at the end of July 2023 averaging 1.5% month-on-month (m/m) and 8.5% year-on-year (y/y).
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News - Impact plans new resi development in Bucharest
01
Sep
2023

Impact plans new resi development in Bucharest

by Property Forum
Romanian developer Impact Developer & Contractor will launch in the next period in Bucharest a new residential complex comprising over 850 premium apartments with a market value of around €350 million. 
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News - Speedwell gets BREEAM Excellent for resi project in Bucharest
30
Aug
2023

Speedwell gets BREEAM Excellent for resi project in Bucharest

by Property Forum
Speedwell obtained the BREEAM Excellent Certification for the first building in The Ivy residential complex under development in northern Bucharest.
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News - Mortgage loans in Romania up 10% in H1 2023
30
Aug
2023

Mortgage loans in Romania up 10% in H1 2023

by Property Forum
The volume of new mortgage loans in Romania rose by 10.2% to 2.5 billion lei (€506 million) in H1 2023 compared to the same period of last year, of which refinancing operations had a 25% share, according to a report by SVN Romania | Credit & Financial Solutions. 
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Latest news


New leases

  • Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.
  • Local courier company Sameday is occupying a new 5,000 sqm last-mile logistics facility in Constanța Olympian Parks, part of Helios Phoenix Group. During the 2025 Black Friday campaign, Sameday's new regional hub in Constanța processed over 400,000 parcels.
  • ITPunkt has leased 460 sqm for its new HQ at Oxygen Park office complex in Warsaw. At the same time, Paszkiewicz Firma Budowlana expanded its leased area to 300 sqm in the same project.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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