ARTICLES IN Residential  TOPIC

News AFI Europe to build 172 more rental flats in Prague
01
Dec
2022

AFI Europe to build 172 more rental flats in Prague

by Property Forum
The AFIhome Karlín rental residence project with 172 apartments from AFI Europe has been approved. This is the second rental housing project by AFI Europe, this time for CZK 1 billion (€41 million). The apartments will be available for move-in in spring 2023, the developer announced.
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News Homes sales in Bucharest up 9.16% on 10 months 
29
Nov
2022

Homes sales in Bucharest up 9.16% on 10 months 

by Property Forum
Over 52,000 homes were sold in Bucharest and its surroundings in the first ten months of 2022, up 9.16% compared with the similar period from 2021, according to data published by the National Agency for Cadastre and Land Registration. 
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News Resi permitting in Bucharest accelerates in Q3 2022
22
Nov
2022

Resi permitting in Bucharest accelerates in Q3 2022

by Property Forum
Authorizations of new residential developments in Bucharest were down in the first semester by one third compared with the same period of 2021 but hit a 14-year record with a permitted volume of 350,000 sqm in July alone, shows data from Colliers Romania. 
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News Prima Development Group stars new resi project in Bucharest 
22
Nov
2022

Prima Development Group stars new resi project in Bucharest 

by Property Forum
Prima Development Group has started the development of a new residential project in northern Bucharest that will feature 482 apartments. 
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News IMPACT Developer & Contractor profit doubles on nine months
16
Nov
2022

IMPACT Developer & Contractor profit doubles on nine months

by Property Forum
Romanian property company IMPACT Developer & Contractor recorded a net profit of RON 15 million (€3 million) in the first nine months of 2022, which was double compared to the same period of last year over higher residential sales. 
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News STC Partners starts construction of Bucharest apartments
15
Nov
2022

STC Partners starts construction of Bucharest apartments

by Property Forum
Romanian developer STC Partners has started the construction of the first phase of the Quartier Azuga residential complex in Bucharest. 
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News PFR Nieruchomości to build 800 flats for rent in Szczecin
14
Nov
2022

PFR Nieruchomości to build 800 flats for rent in Szczecin

by Property Forum
PFR Nieruchomości will debut in Szczecin with a large rental project, located on 6 hectares owned by PKP (Polish State Railways). It will comprise 9 buildings, 800 flats, recreational space and amenities.
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News Cordia starts large new resi projects in Budapest 
10
Nov
2022

Cordia starts large new resi projects in Budapest 

by Property Forum
The Hungarian property developer is putting 500 more homes up for sale in the centre and the green belt of the capital. 
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News Forty Management fully sells Bucharest resi project
09
Nov
2022

Forty Management fully sells Bucharest resi project

by Property Forum
Romanian developer Forty Management has sold out the Central District Viitorului 134 residential project, one month before construction completion. The Bucharest-based complex has a gross development value of €12.8 million without VAT. 
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News Best countries for long-term property investment revealed
07
Nov
2022

Best countries for long-term property investment revealed

by Property Forum
Lithuania was found to have the best record, Hungary came second and Iceland third. Altogether 34 countries were ranked by the Australian home loan comparison site, Compare the Market.
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Latest news


New leases

  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.
  • Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.
  • Oliver Derksen is joining iO Partners Romania as the new Head of Office Advisory, having over 16 years of expertise in office leasing and business development.

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