News - Suburbs see higher interest among Polish home buyers
07
Aug
2023

Suburbs see higher interest among Polish home buyers

by Property Forum
In the first half of 2023, over 93% of powiats around large cities in Poland showed an increase in interest in apartments for sale following the easing of conditions for granting mortgage loans, according to Otodom data.
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News - Alto starts new resi project in Bratislava
03
Aug
2023

Alto starts new resi project in Bratislava

by Property Forum
The neglected premises south of the National Bank of Slovakia building should soon change. A new development has been in the pipeline since 2018. Originally, the developer was Penta Real Estate. At the beginning of 2022, however, the plans in the locality were transferred to the portfolio of the new company Alto Real Estate, which was created by splitting off from Penta, yimba.sk reports.
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News - Česká spořitelna and Kooperativa buy resi project in Prague
31
Jul
2023

Česká spořitelna and Kooperativa buy resi project in Prague

by Vera Tumova
As it was unofficially confirmed last month, Sekyra Group has agreed with Dostupné bydlení České spořitelny and the insurance company Kooperativa on the sale of the Opatov II residential project in Prague 11. This is one of the largest build-to-rent (BTR) transactions in the Czech Republic, Sekyra Group announced. The price of the transaction was not disclosed. 
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News - Polish developer Cavatina to enter Seattle's residential market
26
Jul
2023

Polish developer Cavatina to enter Seattle's residential market

by Property Forum
Cavatina will launch its first residential project in the United States – a 13-story building in downtown Seattle, Washington, made of prefabricated components manufactured in Poland. The project is being developed by Cavatina in collaboration with the internationally renowned architectural firm, Epstein, based in Chicago. Cushman & Wakefield advises the Cavatina Group on matters related to purchasing land.
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News - Alesonor to add school campus in resi complex near Bucharest
25
Jul
2023

Alesonor to add school campus in resi complex near Bucharest

by Property Forum
Real estate developer Alesonor has inked a deal with Verita International School & Kindergarten for the integration of an educational campus in the Forest residential complex near Bucharest. 
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News - Releven’s mixed-use project in Vilnius secures approval
25
Jul
2023

Releven’s mixed-use project in Vilnius secures approval

by Property Forum
The concept design solutions for the new mixed-use Horizontai project in Vilnius' CBD by real estate developer Releven received the approval of the municipality. The company expects to receive a construction permit for the construction of the €200 million project this year.
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News - Impact gets construction permit for Iași resi project
21
Jul
2023

Impact gets construction permit for Iași resi project

by Property Forum
Romanian property company Impact Developer & Contractor has obtained the construction permit for its Greenfield Copou residential project in Iași that will have a market value of around €175 million.
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News - Penta continues with next phase of Bory Bratislava
20
Jul
2023

Penta continues with next phase of Bory Bratislava

by Property Forum
Developer Penta Real Estate is progressing in the construction of a new quarter in Bratislava Bory. The zone is gradually growing, with residential buildings, retail objects and necessary amenities being added. After a period of wild growth without an obvious unifying concept, the first signs that Bory will one day resemble a real city are beginning to appear, YIMBA.sk reports.
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News - Czech gov't to force developers to build more parking
17
Jul
2023

Czech gov't to force developers to build more parking

by Property Forum
The latest plan by the Czech Ministry of Regional Development is to increase the parking capacity of new projects and tighten conditions for developers. It has presented its proposal to adjust the conditions for building parking in the Czech Republic, which experts say will increase housing prices, according to the online daily Seznamzprávy.cz.
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News - Cosmopolis to integrate school campus in resi project near Bucharest
11
Jul
2023

Cosmopolis to integrate school campus in resi project near Bucharest

by Property Forum
Opus Land and Mark Twain International School have signed a partnership for the construction of a private educational campus within the Cosmopolis residential complex based in the northern region of Bucharest. 
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Latest news


New leases

  • The M1 Zabrze shopping centre, managed by EPP, has signed new leases covering 2,500 sqm. This includes CentrumRowerowe.pl, which will occupy 2,150 sqm for a new stationary showroom. The tenant group at M1 has also been joined by Alpine Pro, Świat Książki, and Wakacje.pl.
  • Millennium Gardens has expanded its tenant portfolio by securing a major international logistics provider. The global firm will establish its Budapest office within the development. As a leading service provider, the company already operates nearly 80,000 sqm of logistics infrastructure in the region.
  • BIPA, the drugstore brand of the German REWE Group, has opened the first store in Romania at Bucharest-based Mega Mall. The unit’s leasable area stands at around 370 sqm.

New appointments

  • CBRE Southeast Europe has strengthened its Zagreb operations with two strategic appointments in the Office Leasing department. Edmund Krznarić has taken over the role of Head of Office Leasing for the Croatian market. Additionally, Jan Pečnik has joined the team as Senior Consultant.
  • Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
  • Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.

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