ARTICLES IN Residential  TOPIC

News Eden Capital Development records sales of over €90 million in 2021
26
Jan
2022

Eden Capital Development records sales of over €90 million in 2021

by Property Forum
Romanian developer Eden Capital Development, which focuses on the Bucharest residential market, recorded total sales of over €90 million during 2021, at an average transaction of over €120,000 for an apartment.
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News Living completes first phase of Budapest resi project
25
Jan
2022

Living completes first phase of Budapest resi project

by Property Forum
Living, an umbrella brand of Wing specialising in residential properties, has completed the first phase of its Park West project offering 229 apartments in District 13 of Budapest. About 700 apartments will be constructed in the residential development project to be carried out in three phases.
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News Art Property to boost residential management operations in Romania
21
Jan
2022

Art Property to boost residential management operations in Romania

by Property Forum
Art Property, the developer of the €20 million Art City residential complex in Bucharest, is looking to expand its presence in the property management field and appointed a new management team to implement the operational plans. 
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News Bratislava’s tallest residential building receives usage permit
18
Jan
2022

Bratislava’s tallest residential building receives usage permit

by Property Forum
Developer J&T Real Estate (JTRE) has completed the almost three-year construction of Bratislava’s tallest residential building and the Klingerka project has been issued a usage permit.
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News Czech Republic registers EU’s strongest house price growth in Q3 2021
14
Jan
2022

Czech Republic registers EU’s strongest house price growth in Q3 2021

by Property Forum
In Q3 2021, the Czech Republic registered the strongest house price growth within the EU, both in a year-on-year (22%) and a quarter-on-quarter (7.3%) comparison, well above the EU average of 9.2% and 3.1%, respectively, according to Eurostat’s House price index.
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News Nordis Group reports sales of €80.9 million in 2021
14
Jan
2022

Nordis Group reports sales of €80.9 million in 2021

by Property Forum
Romanian Nordis Group, specialized in the development of hotels and residential projects, recorded sales of RON 400 million (around €80.9 million), mainly in the project located in Mamaia.
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News Forty Management to build Romania's highest residential tower
13
Jan
2022

Forty Management to build Romania's highest residential tower

by Property Forum
Romanian developer Forty Management has initiated the authorization procedure for Royal Suites Central District in northern Bucharest, with a market value of €76 million. Once completed, the building will be the tallest residential project in Romania with a height of 122 meters. 
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News One United delivers residential towers in Bucharest
13
Jan
2022

One United delivers residential towers in Bucharest

by Property Forum
Romanian developer One United Properties has announced the handover of One Herăstrău Towers, located in northern Bucharest, with a gross development value of around €53.3 million. 
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News Impact completes €150 million resi complex in Bucharest
12
Jan
2022

Impact completes €150 million resi complex in Bucharest

by Property Forum
Property developer Impact Developer & Contractor has completed the Luxuria Residence complex in northern Bucharest, with an estimated market value of €150 million. 
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News ING Bank Śląski loans Resi4Rent PLN 355 million
12
Jan
2022

ING Bank Śląski loans Resi4Rent PLN 355 million

by Property Forum
A lending transaction worth appr. €78.3 million (PLN 355 million) related to the refinancing of a residential portfolio is the first joint venture of Resi4Rent and ING Bank Śląski. 
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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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