ARTICLES IN Residential  TOPIC

News Hungary’s residential transaction volume drops by 12% in 2020
07
Jan
2021

Hungary’s residential transaction volume drops by 12% in 2020

by Property Forum
10,354 residential property deals were closed in Hungary in December 2020, according to the latest monthly transaction estimate by real estate group Duna House. This marks a 2% growth over December 2019. 131,460 transactions were closed in total last year, marking a 12% year-on-year decline.
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News Sekyra Group to launch new mixed-use project in Prague
05
Jan
2021

Sekyra Group to launch new mixed-use project in Prague

by Property Forum
Czech developer Sekyra Group plans to launch the construction of the Rohan City development project in Q1 2021, lidovky.cz reports.
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News Nexity sells 100 apartments in Warsaw to a Dutch fund
17
Dec
2020

Nexity sells 100 apartments in Warsaw to a Dutch fund

by Property Forum
Nexity has announced that sales of apartments in its latest investment in Warsaw - La Praga in Radzymińska St. - has come to an end. The transaction has been sealed by a contract made with a Dutch investment fund Van der Vorm Vastgoed, which acquired all available apartments (more than 80% of apartments in the real estate property). The fund declares that they will be available for long-term rental.
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News Local developer plans €700 million mixed-use project in Cluj-Napoca
15
Dec
2020

Local developer plans €700 million mixed-use project in Cluj-Napoca

by Property Forum
Local developer SDC Imobiliare, along with overseas investment funds, has launched what they claim to be the biggest real estate project in Romania. The Transilvania Smart City mixed-use, estimated to require an investment of €700 million, would see the construction of 10,000 apartments, a shopping centre, schools, supermarkets, a hotel and an aparthotel, office space, parks, and conference rooms in Cluj-Napoca. Work on the project is set to start in January 2021.
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News Are conversions the future of commercial real estate?
11
Dec
2020

Are conversions the future of commercial real estate?

by Property Forum
The new direction of investing is clearly visible in the commercial real estate sector. Changes in the purpose of investments and building conversions are also on the increase.
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News Hagag starts construction on Bucharest resi project
10
Dec
2020

Hagag starts construction on Bucharest resi project

by Property Forum
Real estate developer Hagag Development Europe started construction works for its residential project H Eliade 9 Residence. The development budget amounts €16 million. 40% of the available units have been already sold in the pre-construction phase.
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News One United plans expansion of Mamaia residential complex
10
Dec
2020

One United plans expansion of Mamaia residential complex

by Property Forum
The Neo Mamaia residential complex developed by One United Properties at the seaside will benefit from an extension that will allow the construction of new boutique apartments. The real estate developer has announced the acquisition of five plots of land in the immediate proximity of the first Neo Mamaia compound, thus extending the complex frontal opening to the sea up to over 250 meters.
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News Heimstaden Bostad enters Poland
07
Dec
2020

Heimstaden Bostad enters Poland

by Property Forum
Heimstaden’s subsidiary, Heimstaden Bostad AB, announces the acquisition of two build-to-rent projects in Warsaw, Poland, from the French developer and contractor, Eiffage, which also will act as the general contractor.
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News Speedwell starts construction of Bucharest resi project
07
Dec
2020

Speedwell starts construction of Bucharest resi project

by Property Forum
The construction works for phase one of The Ivy, Speedwell’s residential project located in Băneasa, Bucharest, are ready to start as the developer has recently signed a contract with BTDConstruct & Ambient as General Contractor. The first phase of the ensemble comprises two buildings with 228 apartments, with the first building planned to be delivered in June 2022.
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News Echo buys large plots from Tesco Group
04
Dec
2020

Echo buys large plots from Tesco Group

by Property Forum
Echo Investment has finalized the purchase of three plots of land from companies belonging to the Tesco group in Poznań, Łódź and Kraków. A total of approx. 240,000. sqm of modern residential, office as well as shopping and service space may be created on these plots.
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Latest news


New leases

  • Confectionery Batida has joined the tenants of the LIXA City Gardens retail concept that is being arranged in the LIXA office complex near the Daszyński Roundabout in Warsaw.
  • Vileda expanded its office located in MyHive IO-1 in Warsaw, owned by CPI Property Group, to 712 sqm. Przemysław Urbański from Avison Young Poland supported Vileda in the negotiation process.
  • The LUX MED Group extended a 2,200 sqm lease agreement in the O3 Business Campus in Kraków managed by EPP

New appointments

  • Axi Immo is developing its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.
  • Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
  • Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.

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