Last summer, Invesco Real Estate bought the Delta building, one of the phases of its multifunctional Hagibor project, from developer group Crestyl. The building is to include a total of 165 flats in layouts ranging from 1+kk to 4+kk for rental housing purposes. Construction started in Q4 of last year and is scheduled for completion in Q3 2024. Zeitgeist Asset Management will take care of the complete management of the project during construction, as well as the subsequent leasing and management of the apartments, the company announced.

Romanian developer Redport Capital is planning a residential complex with more than 1,000 homes on the land plot of 44,000 sqm that was recently purchased in northern Bucharest alongside local furniture market Mobexpert.

Romanian developer Impact Developer & Contractor has completed the first 209 apartments comprising the first phase of the Boreal Plus residential project in Constanța.

Romanian real estate consultancy Crosspoint Real Estate, the local partner of Savills, is launching a new segment dedicated exclusively to residential leasing through accessing the private rental sector (PRS). 

The Czech government wants to involve the Czech National Development Bank (NRB) in the construction of affordable rental housing. The cabinet is also planning to amend the law on the State Fund for Investment Support (SFPI), which supports housing development in the Czech Republic. This is to support the government's commitment that up to 10,000 extra rental flats could be built per year by the end of the parliamentary term. The Czech Press Agency (CTK) quotes the updated programme statement of the cabinet.

Real estate consultancy Cordon has published its monthly reports based on 500 ads for apartments that were available for lease for Belgrade in February of 2023.

Over the next 10 years, development group Creditas Real Estate plans to invest €1.151 billion in residential construction in the Czech Republic. It wants to build up to 5,500 apartments, of which 1,000 should be for rental housing. The company's CEO Jiří Vajner informed journalists about this.

Transactions have increased but the general mood remained very cautious across all regions of the country, Duna House Group (DHG) reports.

The Bulgarian housing market entered 2023 with a fragile balance between demand and supply. The market is calming down, after a hyperactive 2022, according to the stats, showcased by Address Real Estate in their annual analyses.

Romanian developer Impact Developer & Contractor said it sold 275 residential units during 2022, which had a combined value of 210 million lei (€‎42.6 million). In the same year, the company recorded pre-sales for another 450 homes with a combined value of 236 million lei (around €‎48 million), according to a statement submitted to the Bucharest Stock Exchange (BVB).