News - Alesonor to develop facilities in resi project near Bucharest
25
Jan
2023

Alesonor to develop facilities in resi project near Bucharest

by Property Forum
Alesonor said it would kick off the development of Agora, the facilities component of the Amber Forest residential complex, which includes commercial, medical and sports investments. The developer has already secured a partnership with Pescariu Sports and has leased the first commercial space in the complex located near Bucharest.
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News - NREP introduces first apartments for rent under the Lett brand
19
Jan
2023

NREP introduces first apartments for rent under the Lett brand

by Property Forum
In late 2022, NREP made 116 fully furnished and equipped apartments available for rent at Kłobucka Street in Warsaw. It is NREP’s first completed residential investment in Poland. The first tenants moved in at the beginning of December, and the building is now nearly fully leased.
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News - Bratislava's residential market is cooling down
18
Jan
2023

Bratislava's residential market is cooling down

by Property Forum
In 2022, 1,519 flats were sold in Bratislava's new buildings, the fewest since the financial crisis in 2008. The average price of available flats is €4,900/sqm including VAT. After almost eight years of strong sales and double-digit price growth, activity in the residential market has cooled significantly, according to a report by Bencont Investments.
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News - Passerinvest approves another residential project in Prague 4 
17
Jan
2023

Passerinvest approves another residential project in Prague 4 

by Property Forum
Another new residential building, Oliva, built by Passerinvest in Prague Brumlovka, was approved in December. The first residents will start moving into the 72 flats in the first quarter of this year, the developer announced. 
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News - STC Partners gets funding for Bucharest resi project 
17
Jan
2023

STC Partners gets funding for Bucharest resi project 

by Property Forum
Romanian developer STC Partners has secured bank financing from Banca Transilvania for the first phase of Quartier Azuga residential project in Bucharest worth €6 million. 
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News - Heimstaden completes next stage of Bokserska in Warsaw
16
Jan
2023

Heimstaden completes next stage of Bokserska in Warsaw

by Property Forum
Heimstaden has introduced 284 new, fully equipped apartments to the Warsaw rental market, as part of the second stage of the Bokserska project. The first tenants will move in March of 2023.
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News - Asking prices of Romanian homes up 6% in 2022 
12
Jan
2023

Asking prices of Romanian homes up 6% in 2022 

by Property Forum
Asking prices of homes in Romania rose by 6% year-on-year to €1.682 per sqm during 2022, while the number of property deals slightly grew last and the demand in the residential segment has started to fall, according to a report by real estate classifieds platforms Imobiliare.ro. 
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News - Alsin Management starts resi development in northern Bucharest 
11
Jan
2023

Alsin Management starts resi development in northern Bucharest 

by Property Forum
Romanian developer Alsin Management will invest €40 million in a new residential complex based in Pipera, northern Bucharest. 
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News - DRFG plans a skyscraper in the centre of Bratislava
09
Jan
2023

DRFG plans a skyscraper in the centre of Bratislava

by Property Forum
Another skyscraper will be added to Bratislava's skyline. DRFG Investment Group will build the multi-functional Ister Tower complex in cooperation with local developer The Galata Group. The €249.5 million project will be located in the city centre near other high-rise buildings such as Sky Park, Eurovea Tower and Nivi Tower. Construction of the new skyscraper is expected to begin in 2024, DRFG said. 
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News - AFI Europe reports Prague's first fully leased rental house
06
Jan
2023

AFI Europe reports Prague's first fully leased rental house

by Property Forum
All apartments in the AFIHome Třebešín rental project in Prague 3 are now fully leased. All tenants of 61 apartments have also moved in, AFI Europe has announced. 
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Latest news


New leases

  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
  • The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.

New appointments

  • Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.

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