ARTICLES IN Residential  TOPIC

News Eden Capital Development to add 1,000 apartments in Bucharest
25
Aug
2022

Eden Capital Development to add 1,000 apartments in Bucharest

by Property Forum
Romanian company Eden Capital Development has started the development of the second phase of the Cortina North residential project in Bucharest that will include close to 1,000 apartments, with the first deliveries expected in the second half of 2023. 
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News Speedwell gets permit for second resi building in Timișoara
25
Aug
2022

Speedwell gets permit for second resi building in Timișoara

by Property Forum
Property developer Speedwell has recently obtained the building permit for the second residential building of the Paltim mixed-use project developed in Timișoara. 
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News Crestyl to build 170 flats in Prague 5
24
Aug
2022

Crestyl to build 170 flats in Prague 5

by Property Forum
Another Prague brownfield will be turned into a residential project. Development group Crestyl will be building on the site of the former Waltrovka in Prague's Radlice district. The plan is to build a total of 170 flats for CZK 1.5 billion (almost €61 million) on the land, which the company bought with a zoning permit from the Red Group at the turn of this year. Preliminary construction work on the Semerínka project should start at the turn of the year and the entire project is scheduled to be completed within three years.
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News Prime Kapital delivers its first resi project in Romania
11
Aug
2022

Prime Kapital delivers its first resi project in Romania

by Property Forum
Property developer Prime Kapital has delivered four out of five apartment buildings in its first residential project in Bucharest. The company has invested €47.8 million in the project that will feature 458 apartments. 
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News Arkon starts last stage of €15 million resi project in Zvolen
08
Aug
2022

Arkon starts last stage of €15 million resi project in Zvolen

by Property Forum
The third and final stage of the Hron Residence project in Zvolen, Slovakia, is now starting to be built. Arkon, the developer of the €15 million project, has announced the final stage launch on its social media.
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News DRFG to build 100 flats in Mladá Boleslav
05
Aug
2022

DRFG to build 100 flats in Mladá Boleslav

by Vera Tumova
Investment group DRFG has started to build a new apartment complex in Mladá Boleslav in Michalovice. As part of the project, called Green, an apartment building with more than a hundred apartments, garages and a large garden with a water reservoir will be built within two years. The market value of the project is CZK 634.6 million (€25.9 million), according to DRFG spokeswoman Monika Brichtová.
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News Romanian resi investments close to €1 billion in Q1 2022
03
Aug
2022

Romanian resi investments close to €1 billion in Q1 2022

by Property Forum
The investment volumes in Romanian residential projects reached 4.6 billion lei (€933.5 million) in the first quarter of 2022, which was up 50% compared to the same period of last year, according to a report by real estate consultancy Colliers.
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News New BTR resi project gets started in Bucharest
02
Aug
2022

New BTR resi project gets started in Bucharest

by Property Forum
American-owned company Bucharest Properties REIT has started the development of a new block with 55 apartments for rent in the Vitan Estates residential project in Bucharest.  
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News YIT starts construction of apartment building in Prague 11
02
Aug
2022

YIT starts construction of apartment building in Prague 11

by Property Forum
Another apartment building inspired by Scandinavian architecture has been launched in Prague by the developer YIT.  The twelve-storey building with 47 apartments will be built near metro line C's Opatov station. It should be completed within two years, the developer informed.
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News Central Group replaces broadcast tower in Prague with flats
01
Aug
2022

Central Group replaces broadcast tower in Prague with flats

by Property Forum
One of the tallest buildings in Prague will disappear. The broadcasting tower of the Central Telecommunications Building (Ústřední telekomunikační budova) in Prague's Žižkov district will be demolished in January 2023, including the adjacent buildings. The demolition work is being prepared by the developer Central Group, which owns the entire technology complex in Olšanská Street and is now preparing a residential project there. The current design of the 100-metre towers with apartments by architect Eva Jiřičná has not yet been approved by the city, writes E15.cz.
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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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