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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News - Polish residential market witnesses a small rebound
27
Feb
2023

Polish residential market witnesses a small rebound

by Property Forum
Despite the lack of significant changes in credit availability, high inflation and rising prices, residential property sales in the last quarter of 2022 bettered the previous quarter’s performance. Sales growth was recorded in each of the six major markets with an average q-o-q of 29%, says JLL advisory agency. 
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News - Cordia Romania gets occupancy permit for homes in Bucharest
27
Feb
2023

Cordia Romania gets occupancy permit for homes in Bucharest

by Property Forum
Property developer Cordia Romania, part of Futureal group, says it has obtained the occupancy permit for the second phase of Parcului20, its residential complex based in northern Bucharest. 
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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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