ARTICLES IN Residential  TOPIC

News JTRE tops out Eurovea Tower in Bratislava
01
Dec
2022

JTRE tops out Eurovea Tower in Bratislava

by Property Forum
Most of the crown that constitutes the architectural and compositional peak of the Eurovea Tower residential development by JTRE has reached its final height of 168 metres. Only the crown, the façade on the upper five floors and the residential interiors remain to be completed in Slovakia’s tallest building. The entire project is planned to be finished next summer.
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News Hungary’s residential market continues to cool down
01
Dec
2022

Hungary’s residential market continues to cool down

by Property Forum
Duna House Group published its monthly Transaction Number Estimate, according to which 8,000 residential properties changed hands nationwide in November 2022. This value represents the weakest month this year, a 4 percent drop compared to the previous month and a 27 percent drop compared to November last year.
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News Prague housing supply still doesn’t meet demand
01
Dec
2022

Prague housing supply still doesn’t meet demand

by Property Forum
When it comes to residential real estate assets, Czechs are oriented largely towards an ownership model. The ratio of owner-occupied to rented apartments in Prague, for example, is approximately 70:30, similar to the EU27 average. Still, the Czech Republic is somewhat behind more advanced markets in terms of market evolution towards new trends. However, with the shift to hybrid working, intense talent searches, and the growth of the business services sector, Prague and other large Czech cities will need more flexible housing solutions soon. The average bid price for a newly built apartment in Prague was approximately CZK 155,000 per square meter during Q3 2022. This represents an increase of 7% since the start of the year, according to an analysis done by Colliers.
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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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Latest news


New leases

  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • 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.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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