ARTICLES IN Residential  TOPIC

News New apartment sales in Poland nearly double in Q3 2020
23
Oct
2020

New apartment sales in Poland nearly double in Q3 2020

by Property Forum
In the third quarter of this year, residential developers operating in the six largest cities in Poland sold 13,300 units, which is 94% more than in the previous quarter. In most markets, these units were sold at higher asking prices than in the second quarter. Thanks to new launches, which returned to the level seen at the beginning of 2020 of 13,000 units, the offer remained stable, according to the latest JLL report on Poland’s residential market.
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News Impact Developer & Contractor starts new project in Constanța
21
Oct
2020

Impact Developer & Contractor starts new project in Constanța

by Property Forum
Impact Developer & Contractor has started the works on the first 3 blocks of the Boreal Plus residential compound in the north of Constanța. The enterprise contract worth €9.5 million was concluded with the construction company Premium Invest Concept.
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News JTRE receives €105 million loan for new Eurovea apartments
15
Oct
2020

JTRE receives €105 million loan for new Eurovea apartments

by Property Forum
VÚB banka and UniCredit Bank have provided developer J&T Real Estate with a €105 million syndicated loan for the construction of Eurovea’s extended residential part, which will include approximately 500 apartments in Eurovea Tower - Slovakia’s very first skyscraper - and waterfront residences (Eurovea Riverside). This loan is one of the largest granted for a Slovak development project in recent years. Dentons prepared the contract documentation.
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News Impact Developer & Contractor enters Iași with land purchase
09
Oct
2020

Impact Developer & Contractor enters Iași with land purchase

by Property Forum
Romanian real estate developer Impact Developer & Contractor, listed on the Bucharest Stock Exchange, enters the real estate market in Iași through the acquisition of a 19,068 sqm land plot. The transaction marks a major step in the developer’s strategy for implementing residential projects in large cities throughout the country.
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News Kajima completes student housing project in Gdańsk
07
Oct
2020

Kajima completes student housing project in Gdańsk

by Property Forum
Student Depot, owned by Kajima Student Housing Limited in partnership with Griffin Real Estate Partners, announced the opening of its first facility in the university city of Gdańsk, Student Depot Kolobrzeska.
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News COVID-19 drives up demand for premium resi assets in Bucharest
29
Sep
2020

COVID-19 drives up demand for premium resi assets in Bucharest

by Property Forum
The Little Genius private school rented a historical monument villa located on Kiseleff Boulevard in Bucharest in order to meet the social distancing requirements imposed by the authorities, the transaction being intermediated by Cushman & Wakefield Echinox.
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News One United drops office component from Bucharest project
24
Sep
2020

One United drops office component from Bucharest project

by Property Forum
Local developer One Untied Properties announced that its One Verdi Park project, located in the Floreasca neighbourhood of northern Bucharest, will focus mainly on exclusive residential units. The developer’s initial plan included a 17-floor office tower, offering 21,000 sqm of commercial space, alongside a residential tower. One Verdi Park is scheduled for completion in Q4 2021.
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News Romania’s residential stock needs rejuvenation
23
Sep
2020

Romania’s residential stock needs rejuvenation

by Property Forum
Approximately 1.22 million new residencies were built in Romania between 1990 and 2019, representing only 13.4% of the total dwellings stock calculated by the National Institute of Statistics, so the residential stock is mainly composed of apartments built under the communist regime, having a low degree of comfort in most cases, according to an analysis realised by Cushman & Wakefield Echinox real estate consulting company.
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News Hungary’s construction market not expected to recover fast
21
Sep
2020

Hungary’s construction market not expected to recover fast

by Property Forum
Unusually, due to the current situation, Euroconstruct has issued an interim forecast which is a revision of the June construction market forecast. The results have been summarised by János Gáspár, head of Euroconstruct's Hungarian research institute, Buildecon.
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News Will COVID-19 shake Bulgaria’s housing market?
18
Sep
2020

Will COVID-19 shake Bulgaria’s housing market?

by Property Forum
The construction sector in Bulgaria, and building construction in particular, was not affected as hard as others by the COVID-19 crisis, according to a report by the Eastern European Construction Forecasting Association.
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Latest news


New leases

  • Woolworth Polska has leased almost 1,000 sqm of space in DL Shopping Park Mikołów, a retail park under construction in the Silesian voivodship.
  • A Reserved store has been reopened in Gemini Park Tarnów. The outlet has gained a new location in the facility and now occupies an area 300 sqm larger.
  • Another new building within the Dekada Grójec retail park has been opened in Grójec. The new part included a Douglas perfumery, which occupied around 200 sqm.

New appointments

  • Angelika Kliś has resigned from her position as a member of Atal's management board, the company announced in a press release. The reason for the resignation was not given.
  • Carrefour has announced changes to the management of its branch in Poland. As of 1st of June, the position of Commercial and Supply Chain Director of Carrefour Poland was taken over by Eric Yung. Tomasz Waligórski was appointed Chief Operating Officer.
  • At Nhood Services Poland, Agnieszka Gutowska was appointed Head of Brand Marketing & Communication. She will responsible for shaping the brand image in Poland, taking into account the competences of the three business lines Property & Asset Services (PAS), Development (DEV) and Resources, Fund & Investment (RFI).

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