16
Nov
2022
Nov
2022
IMPACT Developer & Contractor profit doubles on nine months
Romanian property company IMPACT Developer & Contractor recorded a net profit of RON 15 million (€3 million) in the first nine months of 2022, which was double compared to the same period of last year over higher residential sales.
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15
Nov
2022
Nov
2022
STC Partners starts construction of Bucharest apartments
Romanian developer STC Partners has started the construction of the first phase of the Quartier Azuga residential complex in Bucharest.
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14
Nov
2022
Nov
2022
PFR Nieruchomości to build 800 flats for rent in Szczecin
PFR Nieruchomości will debut in Szczecin with a large rental project, located on 6 hectares owned by PKP (Polish State Railways). It will comprise 9 buildings, 800 flats, recreational space and amenities.
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10
Nov
2022
Nov
2022
Cordia starts large new resi projects in Budapest
The Hungarian property developer is putting 500 more homes up for sale in the centre and the green belt of the capital.
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09
Nov
2022
Nov
2022
Forty Management fully sells Bucharest resi project
Romanian developer Forty Management has sold out the Central District Viitorului 134 residential project, one month before construction completion. The Bucharest-based complex has a gross development value of €12.8 million without VAT.
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07
Nov
2022
Nov
2022
Best countries for long-term property investment revealed
Lithuania was found to have the best record, Hungary came second and Iceland third. Altogether 34 countries were ranked by the Australian home loan comparison site, Compare the Market.
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04
Nov
2022
Nov
2022
Fewer and fewer flats are being bought in Poland
Q3 2022 saw up to a 30% q/q drop in the number of flats sold on the primary markets of Warsaw, Kraków, Wrocław, the Tri-City, Poznań and Łódź. The total number of flats sold in these markets was only 6,600. JLL experts emphasise that the last time such low demand for real estate occurred in Q2 2020 when sales offices were closed due to the COVID-19 pandemic wave.
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04
Nov
2022
Nov
2022
Romanian resi market records price drop in Q3 2022
Prices of homes in Romania fell by an average of 1.8% in Q3 2022 compared to Q2 2022, although in large regional cities such as Timișoara, Brașov and Iași the prices continued to grow in this period, according to property platform Imobiliare.ro.
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03
Nov
2022
Nov
2022
House prices keep increasing in Hungary
In the first quarter, second-hand home prices increased by 8.9%, and new ones by 6.6%. As for the second quarter, the figures were 6.3% and 3.3%, respectively, the Central Statistics Office reports.
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03
Nov
2022
Nov
2022
HANN Development gets permit for villas near Bucharest
HANN Development, owned by Turkish businessperson Bahri Büyükhanlı in association with Emre Büyükhanlı, has recently received the building permit for a residential project in a locality near northern Bucharest.
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Latest news
- Prologis leases 135,000 sqm in Slovakia during 2025
- Segmentation, ESG and selective growth: What’s next for residential in Poland?
- Romanian housing supply hits eight-year low in 2025
- Atenor sells office building in Bucharest for €52 million
- Slovak property market sees strong recovery in 2025
- Hungary's construction activity hits nine-year low in Q4 2025
- Gránit Asset Management unifies Hungarian retail portfolio under Zone brand
- Polish regional office markets hit record leasing despite supply drop in 2025
- Prague flex office market surges 60% in five years
- Concordia Partners secures €14.5 million for Bucharest resi project
New leases
- CTP has signed a lease agreement with Fabi Total Grup. The Romanian company, which specialises in the production and storage of professional cleaning agents, has taken approximately 4,700 sqm at CTPark Bucharest South.
- The DigestMed medical centre, specialising in gastroenterology services, has opened a clinic spanning over 675 sqm within the Bucharest-based London Office Building, part of the EVO Properties multifunctional hub, following an investment of €1.5 million.
- Focus Estate Fund has signed a new lease agreement with HalfPrice, the off-price retailer, for approximately 2,000 sqm of modern retail space at Sosnowiec Plaza in Sosnowiec, Poland.
New appointments
- Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
- Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
- CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.
