ARTICLES IN Residential  TOPIC

News Land for over 30,000 apartments secured in Bucharest
28
Sep
2022

Land for over 30,000 apartments secured in Bucharest

by Property Forum
Residential developers have been the most active in terms of land acquisitions in the past 2.5 years, as they secured land plots which allow the construction of more than 30,000 units in all parts of Bucharest, according to data from real estate consultancy Cushman & Wakefield Echinox. 
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News Prime Kapital secures building permits for apartments in Iași
28
Sep
2022

Prime Kapital secures building permits for apartments in Iași

by Property Forum
Property developer Prime Kapital has obtained the construction permits for the second and third phases of the residential component of Silk District, the mixed-use scheme located in Iași. 
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News YIT Slovakia to revitalize housing area in Bratislava
23
Sep
2022

YIT Slovakia to revitalize housing area in Bratislava

by Property Forum
YIT Slovakia wants to improve and transform another abandoned area in Bratislava's Ružinov district. With the new residential complex on Hraničná Street, it wants to build on its other projects in this part of the city. In the first phase, it plans to build an apartment building with 92 flats and a hotel with 72 accommodation units, construction of which should start in 2025, the company announced.
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News Belgrade’s resi market records double-digit price growth
22
Sep
2022

Belgrade’s resi market records double-digit price growth

by Property Forum
Prices in Belgrade’s residential market are still showing double-digit increases compared to the previous year. Local real estate consultancy Cordon published a report summarising the key trends driving Belgrade’s residential market in Q2 2022.
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News UBM to build 63 flats in Prague resi project
21
Sep
2022

UBM to build 63 flats in Prague resi project

by Property Forum
Since August, UBM Development Czechia has been building and now selling the second phase of its residential project Arcus City in Prague-Reporyje. Within this phase, 63 apartments and several commercial units will be built. The completion of this phase is scheduled for the end of 2024. In total, over 270 apartments, 10 family houses and several commercial units will be built in the project in three phases.
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News Developer Sekyra to pay Prague a record fee: over €22 million 
16
Sep
2022

Developer Sekyra to pay Prague a record fee: over €22 million 

by Property Forum
The developer Sekyra Group must pay the city of Prague more than half a billion crowns (€22 million) for the construction of public spaces in its new residential project on Prague's Rohanský island, according to new rules for private investors. This is the highest contribution a developer has ever had to pay to the capital so far, Seznamzpravy.cz reports.  
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News Romanian banker to invest in Bucharest apartments
15
Sep
2022

Romanian banker to invest in Bucharest apartments

by Property Forum
Horia Ciorcilă, one of the founders of Banca Transilvania, Romania’s biggest lender by assets and Evergent Investments are jointly planning the development of a residential project in northern Bucharest.
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News Eurovea Tower gets Slovakia among countries with skyscrapers
13
Sep
2022

Eurovea Tower gets Slovakia among countries with skyscrapers

by Property Forum
Bratislava will become the 201st global city to have a skyscraper. It will happen this week while the development of Eurovea Tower will reach the 44th floor and get over the 150 metres level. The total high will be 168 metres and the completion of shell construction should be done by the end of this year, developer J&T Real Estate announced.
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News Living starts new phase of Park West resi project in Budapest
12
Sep
2022

Living starts new phase of Park West resi project in Budapest

by Property Forum
The construction of Park West 3 will start in the second half of 2022. It comprises 230 apartments in the renewed Ferdinánd quarter of the 13th District, and is scheduled for delivery in the first quarter of 2025.
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News JRD's largest resi project in Prague gets approval
07
Sep
2022

JRD's largest resi project in Prague gets approval

by Property Forum
JRD Development completed its largest residential project in Prague's Strašnice district. 156 flats and 1320 sqm of commercial space were built in the energy-efficient complex of three buildings. The project, called Green Port Strašnice, has already been approved and is almost sold out, the developer announced.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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