YIT has completed the Koti Libeň residential project in Prague 8, which includes 140 apartments, two studios and one commercial space. The last apartment is currently available for purchase. YIT announced that new residents will be able to move in in the second quarter of this year.

The multifunctional project Dva Domy, built by the Karlín Group together with the Bishopric of Hradec Králové in Prague's Karlín district, has already been approved. The project, which consists of two distinct buildings, includes not only over 100 apartments but also commercial space and a small park.

Rent prices for apartments in major Romanian cities rose on average by 8.7% in 2022 over higher demand, according to property platform Imobiliare.ro. 

This is the first luxurious residential real estate project of the Hungarian developer in Spain. At the same time, the company announced a second project on the Costa del Sol.

The last month of 2022 brought a 0.7% decrease in rents compared to the previous month with prices in Budapest sinking by 0.9%, ingatlan.com reports.

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.

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.

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.

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. 

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.