ARTICLES IN Residential  TOPIC

News Will COVID-19 shake Bulgaria’s housing market?
18
Sep
2020

Will COVID-19 shake Bulgaria’s housing market?

by Property Forum
The construction sector in Bulgaria, and building construction in particular, was not affected as hard as others by the COVID-19 crisis, according to a report by the Eastern European Construction Forecasting Association.
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News Local developer secures €7.3 million loan for Timișoara resi project
02
Sep
2020

Local developer secures €7.3 million loan for Timișoara resi project

by Property Forum
Arad-based developer Wallberg has secured a €7.3 million loan from Garanti Bank for the construction of the second tower of the XCity Towers complex, the first residential tower in the city of Timișoara, a project worth €75 million which will total 955 apartments.
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News Warsaw’s first Resi4Rent building secures occupancy permit
02
Sep
2020

Warsaw’s first Resi4Rent building secures occupancy permit

by Property Forum
The first building of the Resi4Rent project, being part of the Warsaw Brewery, has obtained its occupancy permit. In the all-purpose part of Warsaw's Wola district, revitalized by Echo Investment, Resi4Rent has developed 450 apartments for long-term rent. The first tenants have been moving in.
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News Cordia raises €105 million to finance its expansion strategy
01
Sep
2020

Cordia raises €105 million to finance its expansion strategy

by Property Forum
Cordia International, the residential development platform of Futureal Group has successfully managed its second bond issuance on the Budapest Stock Exchange to finance its further expansion, predominantly in CEE. The developer raised HUF 36 billion (€105 million) in its latest transaction which was heavily oversubscribed by financial institutions and achieved a 2.46% yield. Last November Cordia successfully placed a HUF 44 billion (€305 million) 7-year bond at 3.82% yield.
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News Hochtief Polska to build nursing home in Wroclaw
31
Aug
2020

Hochtief Polska to build nursing home in Wroclaw

by Property Forum
Hochtief Polska has signed a contract for the execution of the nursing home Residence Saint Jadwiga at Pulaskiego/Traugutta in Wroclaw. The project is being carried out for Orpea Polska sp. z o.o. The construction works start in the near future and will take about 19 months.
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News Echo Investment launches new resi project in Kraków
21
Aug
2020

Echo Investment launches new resi project in Kraków

by Property Forum
Echo Investment has gained a building permit for the Bonarka Living residential estate in Kraków. The project is being developed in close proximity to the Bonarka City Center and an over two hectare nature reserve. The first apartments will be handed over to tenants at the turn of 2021 and 2022.
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News Romania’s TeraPlast sells former factory land to local developer
12
Aug
2020

Romania’s TeraPlast sells former factory land to local developer

by Property Forum
A new real estate project will be developed in the Northern Romanian city of Bistrița on the grounds of the old location of the largest Romanian construction materials manufacturer’s former factory, in partnership with local real estate developer Alfa Construct Partners. Within this partnership, TeraPlast offers the land and Alfa Construct will build the properties at its own expense.
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News Penta receives planning permit for Prague project
10
Aug
2020

Penta receives planning permit for Prague project

by Property Forum
A planning permit has been issued for Penta Real Estate’s The Residence Nuselský Pivovar development in Prague’s Nusle district. As part of the €77 million (CZK 2 billion) project, the developer will build 450 residential units on the site a historic brewery.
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News Speedwell launches second phase of Bucharest resi project
10
Aug
2020

Speedwell launches second phase of Bucharest resi project

by Property Forum
Speedwell has launched sales for the second phase of Triama Residence, the residential compound developed in Bucharest, so a new stock of apartments is now available. The developer is starting a new building, after selling more than 90% of the apartments built in the first phase, which will be delivered at the end of this year.
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News Forte Partners to launch second resi project in Bucharest
30
Jul
2020

Forte Partners to launch second resi project in Bucharest

by Property Forum
Local real estate developer Forte Partners is planning to build 500 apartments on Calea Serban Voda in Bucharest. The residential building will be erected next to the developer’s U Center office project, which is currently underway. The company's second major residential project is valued at €200 million.
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Latest news


New leases

  • Piotr Pikiewicz has joined the 7R team. In the role of Head of Project & Corporate Debt, he will lead the team responsible for project and corporate financing at 7R Group.
  • Tiberius Poland, a company that is part of the international Teddy Group, which owns the Terranova, Calliope and Rinascimento brands, has signed a five-year lease agreement with Gemini Park Tarnów (southern Poland). The nearly 500-square-meter space will house a Terranova brand store. It is scheduled to open in early December 2024.
  • RRmoto, a retailer of motorcycle clothing and accessories, has joined the tenants of Morski Park Handlowy in Gdańsk. Its store will occupy 1,140 sqm of space. Cushman & Wakefield brokered the transaction and provided advice during the lease negotiation.

New appointments

  • Wrocław's Quorum complex, owned by the Cavatina group, has gained another tenant from the IT sector. The Hexe Capital Group will move to the Quorum D building, which is part of it, and will occupy about 720 sqm of space on the fourth floor there.
  • Panattoni has announced personnel appointments in its Capital Markets Poland division. Damian Stężycki has been appointed as Managing Director and Joanna Kawrowska together with Michał Stanisławski will take the role of the Co-Heads of the department.
  • Marvipol Development S.A. has announced the appointment of Andrzej Nizio to the company's Management Board. He will serve as vice-president of the board for another two-year term.

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