ARTICLES IN Residential  TOPIC

News Ekospol plans large brownfield resi project in Prague
22
Mar
2022

Ekospol plans large brownfield resi project in Prague

by Vera Tumova
More brownfield sites in Prague are set for new residential development. Czech developer Ekospol is planning its big comeback to the domestic development scene and wants to build 2,000 flats in Prague's Zličín district within 10 years. It is now waiting for the necessary permits to start building Ekocity Zličín, company spokesman Filip Sušanka told Property Forum today. 
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News Reconstruction of iconic Bratislava building is on the horizon
21
Mar
2022

Reconstruction of iconic Bratislava building is on the horizon

by Property Forum
The military boarding school Hviezda in Bratislava, also known as "Kukurica", has been dilapidated for many years. The iconic high-rise building from the 1970s has a distinctive architectural style yet is a local landmark. However, it may already be on the verge of being saved. The Ministry of Defence of the Slovak Republic (MoD) has started taking the first steps towards reconstruction, according to Slovak websites reality.trend.sk and yimba.sk.
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News Slovakia's Cresco enters Prague's residential market
17
Mar
2022

Slovakia's Cresco enters Prague's residential market

by Vera Tumova
Slovak developer Cresco is entering the Czech real estate scene with a CZK 1 billion project for a 500-apartment apartment building in Prague's Holešovice, the company announced on the project's website. And it says it already has other plans for further expansion in the Czech Republic.
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News Forty Management sells out €25 million project in Bucharest
17
Mar
2022

Forty Management sells out €25 million project in Bucharest

by Property Forum
Romanian developer Forty Management has completely sold all the apartments and leased all spaces in the Central District 4 Elements project that was completed last year following an investment of €25 million.
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News Residential complex Cosmopolis has a new CEO
17
Mar
2022

Residential complex Cosmopolis has a new CEO

by Property Forum
Ozan Tuncer has been appointed as the new CEO of Cosmopolis, Opus Land Development's residential compound located near Bucharest. He is replacing Ahmet Buyukhanl, who remains the main shareholder of the company. 
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News Immofinanz to invest €1 billion in residential
16
Mar
2022

Immofinanz to invest €1 billion in residential

by Property Forum
Property group Immofinanz has presented its new residential brand On Top Living during MIPIM, the biggest real estate fair held in Cannes. The company plans to develop up to 12,000 smart and sustainable apartments at affordable prices in the medium term. 
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News JRD completes another energy-efficient resi building in Prague
15
Mar
2022

JRD completes another energy-efficient resi building in Prague

by Property Forum
JRD Development, a member of the JRD Group, has completed the construction of the energy-efficient Rezidence Michelangelova project in Prague 10. The architecturally distinctive building with 29 apartments is complemented by two commercial spaces and a small park with a playground and gazebo. The project, in which the developer tested a new type of air duct to increase acoustic comfort, is completely sold out, JRD Development announced.
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News Resi prices in Slovakia grew dynamically at the end of 2021
09
Mar
2022

Resi prices in Slovakia grew dynamically at the end of 2021

by Property Forum
Realized prices of flats in Slovakia rose by more than 10 % in Q4 2021. Prices of sales recorded in the cadastre of the real estate continued to grow dynamically at the end of 2021, dwellings were sold more expensive by more than 10 % year-on-year, and prices rose by 3.6 % compared to the summer months, the Statistical Office of the Slovak Republic announced.
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News Asking prices for Romanian homes slightly grow in February
04
Mar
2022

Asking prices for Romanian homes slightly grow in February

by Property Forum
The average asking price for apartments in Romania gained 0.8% in February to €1,609 per sqm compared to the same period of last year. Over the past 12 months, the average increase of prices stood at 18.5%, according to property classifieds platform Imobiliare.ro. 
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News Hungary’s residential market sees continued strong activity
03
Mar
2022

Hungary’s residential market sees continued strong activity

by Property Forum
Duna House has released its monthly transaction estimate, showing that there were 13,793 residential property transactions in Hungary in February 2022. While this is 5 percent lower than in February 2021, it is 5 percent higher than the results of the same month in 2020.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

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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