At the peak of the construction season, there were double-digit year-on-year drops in the issuance of building permits and approvals, the Statistical Office of the Slovak Republic reports. The number of started dwellings was significantly behind even the pre-pandemic period, but the completion was higher. The pace of completion and the start of construction slowed year-on-year in up to 6 regions.

Nusco Imobiliara has already sold 30% of the residential units comprising the second phase of urban regeneration project Nusco City, based in northern Bucharest.

A number of branded residential schemes increased by over 160 percent in the last ten years. The residential sector became attractive even for prestigious "brands" from non-residential sectors such as Versace, Fendi, Armani or Tonino Lamborghini and they have also expanded their presence into this segment across major cities around the globe. Nevertheless, the concept of branded residences is not present in the Czech Republic yet, says a Savills report. 

APB is planning a residential development on its land in Plzeň. It wants to build a brand new district on the site of the former Slovany barracks for CZK 20 billion (€825 million). The company has already signed a memorandum of cooperation with the city, which will help to build a new kindergarten as part of its subsidies, writes the daily e15.cz.

Alto Real Estate has presented the shape of the Florian Residence residential project, which is being built on a brownfield site in the centre of Bratislava's Old Town. In the first phase, 73 apartments will be available. The construction is then preliminary scheduled to be completed in 2025. 

Residential sales in the Bucharest and Ilfov area were only 3.8% smaller in Q3 2023 than those registered in Q3 2022, which was a record year, according to a SVN Romania report.

Geosan Development has completed the construction of the Residence Neklanka 2 project in Prague 5 near Anděl. The residence comprises three vila-domes located in a garden on the border between the original residential development and the forest in Radlické údolí, Geosan Development announced.

There will be lofts built on the premises of the former Svornost' letterpress factory on the corner of Račianska and Kominarska streets in Bratislava. The building is not listed, but it is still in good condition. In these weeks, reconstruction works are being started, which will turn it into a multifunctional project Lofty Kominárska, writes the web portal yimba.sk.

Speedwell expects to break ground in 2024 with its new villa project near Bucharest, in Corbeanca, with the first residential units set to be delivered in early 2025.

Total transaction volume in Q3 2023 in Belgrade was €456 million, which represents a decrease of around 21% year-on-year, according to real estate agency Cordon’s report for Q3 2023.