News - Crosspoint Real Estate to add PRS department
07
Mar
2023

Crosspoint Real Estate to add PRS department

by Property Forum
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). 
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News - Czech National Development Bank might build rental flats
07
Mar
2023

Czech National Development Bank might build rental flats

by Property Forum
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.
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News - Belgrade’s residential market continues to boom
07
Mar
2023

Belgrade’s residential market continues to boom

by Property Forum
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.
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News - Creditas Real Estate to build flats for €1 billion in Czechia
03
Mar
2023

Creditas Real Estate to build flats for €1 billion in Czechia

by Vera Tumova
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.
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News - February brings slight recovery in Hungary's residential market
01
Mar
2023

February brings slight recovery in Hungary's residential market

by Property Forum
Transactions have increased but the general mood remained very cautious across all regions of the country, Duna House Group (DHG) reports.
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News - The housing market in Bulgaria is slowing pace
01
Mar
2023

The housing market in Bulgaria is slowing pace

by Property Forum
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.
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News - Impact Developer & Contractor sells 275 homes in 2022
01
Mar
2023

Impact Developer & Contractor sells 275 homes in 2022

by Property Forum
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). 
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News - Syrena Real Estate enters the PRS sector in Poland
28
Feb
2023

Syrena Real Estate enters the PRS sector in Poland

by Property Forum
The company’s new business line operates under the Habitu brand and the first property from the PRS sector in the company’s portfolio located in Warsaw was fully leased in two months. The company has announced intensive development of Habitu mainly in the capital city but also in other Polish cities. Syrena plans to offer three thousand units on its PRS platform within five years.
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News - Interdraw secures building permit for homes in Bucharest
28
Feb
2023

Interdraw secures building permit for homes in Bucharest

by Property Forum
Property developer Interdraw, owned by entrepreneur Ulisse Gheduzzi, has obtained the building permit for a new residential complex in Bucharest that will be developed following an investment of more than €30 million. 
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News - Opus Land to add 500 homes in complex near Bucharest
28
Feb
2023

Opus Land to add 500 homes in complex near Bucharest

by Property Forum
Opus Land Development says it will invest approximately €50 million this year in the construction of about 500 new homes in the residential complex Cosmopolis based in the northern part of Bucharest region.
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Latest news


New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.

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