ARTICLES IN Residential TOPIC

News JTRE receives €105 million loan for new Eurovea apartments
15
Oct
2020

JTRE receives €105 million loan for new Eurovea apartments

by Property Forum
VÚB banka and UniCredit Bank have provided developer J&T Real Estate with a €105 million syndicated loan for the construction of Eurovea’s extended residential part, which will include approximately 500 apartments in Eurovea Tower - Slovakia’s very first skyscraper - and waterfront residences (Eurovea Riverside). This loan is one of the largest granted for a Slovak development project in recent years. Dentons prepared the contract documentation.
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News Impact Developer & Contractor enters Iași with land purchase
09
Oct
2020

Impact Developer & Contractor enters Iași with land purchase

by Property Forum
Romanian real estate developer Impact Developer & Contractor, listed on the Bucharest Stock Exchange, enters the real estate market in Iași through the acquisition of a 19,068 sqm land plot. The transaction marks a major step in the developer’s strategy for implementing residential projects in large cities throughout the country.
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News Kajima completes student housing project in Gdańsk
07
Oct
2020

Kajima completes student housing project in Gdańsk

by Property Forum
Student Depot, owned by Kajima Student Housing Limited in partnership with Griffin Real Estate Partners, announced the opening of its first facility in the university city of Gdańsk, Student Depot Kolobrzeska.
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News COVID-19 drives up demand for premium resi assets in Bucharest
29
Sep
2020

COVID-19 drives up demand for premium resi assets in Bucharest

by Property Forum
The Little Genius private school rented a historical monument villa located on Kiseleff Boulevard in Bucharest in order to meet the social distancing requirements imposed by the authorities, the transaction being intermediated by Cushman & Wakefield Echinox.
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News One United drops office component from Bucharest project
24
Sep
2020

One United drops office component from Bucharest project

by Property Forum
Local developer One Untied Properties announced that its One Verdi Park project, located in the Floreasca neighbourhood of northern Bucharest, will focus mainly on exclusive residential units. The developer’s initial plan included a 17-floor office tower, offering 21,000 sqm of commercial space, alongside a residential tower. One Verdi Park is scheduled for completion in Q4 2021.
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News Romania’s residential stock needs rejuvenation
23
Sep
2020

Romania’s residential stock needs rejuvenation

by Property Forum
Approximately 1.22 million new residencies were built in Romania between 1990 and 2019, representing only 13.4% of the total dwellings stock calculated by the National Institute of Statistics, so the residential stock is mainly composed of apartments built under the communist regime, having a low degree of comfort in most cases, according to an analysis realised by Cushman & Wakefield Echinox real estate consulting company.
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News Hungary’s construction market not expected to recover fast
21
Sep
2020

Hungary’s construction market not expected to recover fast

by Property Forum
Unusually, due to the current situation, Euroconstruct has issued an interim forecast which is a revision of the June construction market forecast. The results have been summarised by János Gáspár, head of Euroconstruct's Hungarian research institute, Buildecon.
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News Will COVID-19 shake Bulgaria’s housing market?
18
Sep
2020

Will COVID-19 shake Bulgaria’s housing market?

by Property Forum
The construction sector in Bulgaria, and building construction in particular, was not affected as hard as others by the COVID-19 crisis, according to a report by the Eastern European Construction Forecasting Association.
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News Local developer secures €7.3 million loan for Timișoara resi project
02
Sep
2020

Local developer secures €7.3 million loan for Timișoara resi project

by Property Forum
Arad-based developer Wallberg has secured a €7.3 million loan from Garanti Bank for the construction of the second tower of the XCity Towers complex, the first residential tower in the city of Timișoara, a project worth €75 million which will total 955 apartments.
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News Warsaw’s first Resi4Rent building secures occupancy permit
02
Sep
2020

Warsaw’s first Resi4Rent building secures occupancy permit

by Property Forum
The first building of the Resi4Rent project, being part of the Warsaw Brewery, has obtained its occupancy permit. In the all-purpose part of Warsaw's Wola district, revitalized by Echo Investment, Resi4Rent has developed 450 apartments for long-term rent. The first tenants have been moving in.
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Latest news


New leases

  • Echo Investment has signed lease agreements covering a total of almost 3.5 thousand sqm of space in Katowice's Face2Face Business Campus. The largest contract covered a space of 1.35 thousand sqm, which will be occupied by a Medicover clinic for the next few years.
  • GreenWay, a provider of electromobility solutions in Central and Eastern Europe, is to join the ranks of tenats of Łużycka Plus. The company has just moved in to a 1,850 sqm office. The building is now fully leased.
  • Sii Polska has extended its lease of almost 4,700 sqm of office space in the Metron office building in Warsaw until 2029. The company, which has been present in the building since 2011, is its largest tenant.

New appointments

  • Anna Vondrackova has joined the team of REassurance company as Senior Transaction Advisor in Prague. She has a solid background as a real estate lawyer and brings strong legal knowledge.
  • In September, Michal Berski took up the position of head of the warehouse sector at CBRE Poland. He has been with the company for over 10 years. In his new role, he manages strategy and the development of all business lines within the warehouse and industrial sector.
  • Slawomir Czarnecki is the new president of Grupa Muszkieterów and ITM Poland. He has replaced David de Bosschère. The new CEO is the owner of the Bricomarché shop in Świecie and has many years of experience in trade, as well as in the Group's internal structures.

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