News - UDI Group to expand Prague shopping centre with apartments
19
Oct
2023

UDI Group to expand Prague shopping centre with apartments

by Property Forum
Developer UDI Group will launch a residential development in Prague directly opposite the Lužiny metro station. With an investment of more than CZK 1.3 billion (€52.6 million), two apartment buildings will be built here to complement the shopping centre, in line with the original plan from the 1980s. 
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News - Boutique apartment project in Prague 5 is approved
19
Oct
2023

Boutique apartment project in Prague 5 is approved

by Property Forum
The Garden Lofts boutique project in Prague 5 with luxury apartments has been approved. New owners will be able to move in during the autumn. The lofts also include access to a private multi-purpose garden with greenery, seating, workout area and a garden pool. The exclusive sale is being handled by Luxent - Exclusive Properties. 
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News - Modern dormitories are sought-ater commodities in Poland
18
Oct
2023

Modern dormitories are sought-ater commodities in Poland

by Property Forum
In Poland, on average, only 1 out of 100 students can expect a place in a modern dormitory. In Europe, approximately 15% of students can secure accommodation in dormitories. According to JLL research, the current unmet demand for student beds in dormitories reaches 4.7 million in the largest European cities. Poland, with 1.2 million students, ranks sixth in Europe in terms of the potential market for student accommodation operators, not far behind Spain and Italy.
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News - Corwin unveils mixed-use project in Bratislava
13
Oct
2023

Corwin unveils mixed-use project in Bratislava

by Property Forum
Roughly 280 apartments, but also new amenities. These are the two basic parameters of the R66 multifunctional complex from development company Corwin. The company has built and managed the Guthaus project in its neighbourhood on Račianska Street. Only a few tens of meters towards Rača, it also owns a large area of the former Palma factory, where a new local centre should be built.
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News - Nusco Imobiliara to start second phase of Nusco City in Bucharest
10
Oct
2023

Nusco Imobiliara to start second phase of Nusco City in Bucharest

by Property Forum
Nusco Imobiliara has secured the construction permit for the second phase of its Nusco City mixed-use scheme based in northern Bucharest. 
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News - HILS Development launches new resi project in Bucharest
05
Oct
2023

HILS Development launches new resi project in Bucharest

by Property Forum
Romanian real estate developer HILS Development will launch a new residential project in Bucharest. The complex will be developed based on an Urban Zoning Plan (PUZ) that has previously been secured by retailer IKEA. 
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News - Fortim Trusted Advisors expands in resi segment
04
Oct
2023

Fortim Trusted Advisors expands in resi segment

by Property Forum
Romanian Fortim Trusted Advisors, a member of BNP Paribas Real Estate Alliance, is expanding into the residential category, with sales & marketing services. 
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News - AFI Europe leases half of its rental apartments in Prague
03
Oct
2023

AFI Europe leases half of its rental apartments in Prague

by Property Forum
AFI Europe Czech Republic, a developer that has been focusing on the construction of rental housing in recent years, has already achieved 50% occupancy in its two newly completed buildings: the AFI Home Karlín at the corner of Thámova and Pernerova streets and the first phase of AFI Home Kolbenova in Vysočanská street.
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News - JTRE to launch new resi project in Bratislava
03
Oct
2023

JTRE to launch new resi project in Bratislava

by Property Forum
Developer J&T Real Estate (JTRE) will soon start the construction of the Ganz House residential project as part of Bratislava's Eurovea mixed-use district.
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News - Hungary's resi market in 2023 to copy results of 2022
02
Oct
2023

Hungary's resi market in 2023 to copy results of 2022

by Property Forum
The number of transactions this year is likely to catch up with last year's results, brokerage firm Duna House reports. 
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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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