ARTICLES IN Residential  TOPIC

News Hercesa’s resi pipeline in Bucharest counts 1,000 units
25
Apr
2024

Hercesa’s resi pipeline in Bucharest counts 1,000 units

by Property Forum
Hercesa Romania has 1,000 apartments under construction and in preparation in two residential projects based in Bucharest.
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News STC Partners stars second phase of Bucharest resi project
25
Apr
2024

STC Partners stars second phase of Bucharest resi project

by Property Forum
STC Partners has kicked off the development of the second phase of residential complex Quartier Azuga in Bucharest, with a planned investment of more than €15 million.
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News EBRD supports development of new housing in Poland
23
Apr
2024

EBRD supports development of new housing in Poland

by Property Forum
The European Bank for Reconstruction and Development (EBRD) is supporting the development of residential housing in Poland by extending a loan of PLN 58.9 million (€13.7 million) to the Polish subsidiary of Nrep Nordic Strategies Fund IV. The EBRD’s loan, provided in Polish zloty, will finance Nrep’s first flexible living property in Poland under its brand Noli Studios. The signing follows an earlier commitment to Nrep of PLN 63.2 million, which supported the development of two residential-for-rent assets in Nrep’s portfolio in Poland, bringing 220 residential units to the Polish housing market.
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News PSN completes and sells out Prague resi project
22
Apr
2024

PSN completes and sells out Prague resi project

by Property Forum
PSN has completed the renovation of an apartment building from the 1930s. The BackYard Dejvice project in Prague has been targeted at the young generation and investors. The project is approved for use and is already sold out.
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News One United Properties reports resi sale fall in Q1 2024
22
Apr
2024

One United Properties reports resi sale fall in Q1 2024

by Property Forum
Romanian developer One United Properties said its residential sales and pre-sales volumes totaled €57.1 million in Q1 2024, down by around 10% year-on-year.
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News Cordia launches €1 billion resi project in Budapest
17
Apr
2024

Cordia launches €1 billion resi project in Budapest

by Property Forum
Futureal Group’s subsidiary, Cordia Zrt. has kicked off its new mega project called Marina City, aiming to build 2,500 apartments, recreational facilities and several amenities on a former industrial site at the river Danube. The HUF 400 billion (€1 billion) project is a landmark development in the northern part of the Hungarian capital.
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News Ostrava joins forces with developers, first resi project follows
11
Apr
2024

Ostrava joins forces with developers, first resi project follows

by Property Forum
Ostrava is dynamically changing for the better, partly through civic initiatives but mainly thanks to key development investments with the support of the city. One of the basic conditions for the revival of the city centre is also an increase in the number of residents. Currently, a private investor is planning construction on a brownfield at the intersection of Stodolní, Porážková and Masná streets. The city selected the location as its development area and put out a tender for the land. The winning project was Rezidence Stodolní from the development company Linkcity.
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News YIT delivers another resi project in Prague
11
Apr
2024

YIT delivers another resi project in Prague

by Property Forum
YIT has completed the third residential stage of Tornio, which expanded the multifunctional complex Lappi Hloubětín in Prague 9 with 79 new apartments. Almost half of the units are currently sold out.
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News IBB Holding starts resi investment in Bucharest region
11
Apr
2024

IBB Holding starts resi investment in Bucharest region

by Property Forum
IBB Holding Romania, founded by Romanian entrepreneur Ion Crăciunescu, has started the development of a new residential complex in Pipera, near northern Bucharest, which will have a market value of around €160 million.
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News Geosan places final part of resi project in Prague
10
Apr
2024

Geosan places final part of resi project in Prague

by Property Forum
Geosan Development is launching another series of apartments in the Radimova Břevnov Residence in Prague 6. The developer has sold over 60% of the apartments in the project so far.
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Latest news


New leases

  • AGS Estate has joined the group of tenants at the .BIG office building, located in the southern part of Kraków. The company is operating in the nationwide real estate market, in the HoReCa sector. GS Estate has leased over 300 sqm of space for a new dining facility.
  • International IT company Sollers Consulting has moved its regional Kraków office to the Browar Lubicz complex. The new office will occupy more than 1,200 sqm of space.
  • Another brand is joining the ranks of new stores in the expanded Turawa Park retail park near Opole (southern Poland). The Tedi chain store will occupy a unit of about 920 sqm.

New appointments

  • Savills has announced significant changes and promotions within its investment advisory, valuation, communication, and marketing departments in Poland. Karina Szafrańska has been promoted to Head of Valuations and Małgorzata Lińska-Bator has been promoted to Director in the Investment Department. Additionally, Marta Kołodziejska has been appointed the new Head of Marketing & Communication.
  • Residential developer STC Partners has appointed Elena Palade as Sales Director, while Bogdan Băzărea is the new Technical Director of the company. Palade has over 10 years’ worth of experience in real estate sales, while Băzărea’s career spans more than 20 years.
  • At the beginning of July, Jesika Mackiewicz took the position of Business Manager of Warsaw projects at Matexi Poland. She will be responsible for development of the company portfolio of residential projects and land purchases.

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