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
- Faedra Group launches three new residential projects in Budapest
- Colliers cuts emissions by 32% in sustainability push
- Panattoni starts 132,000 sqm Bytom project
- iO Partners wins Bratislava office leasing mandate
- Bucharest resi market continues to face pressure on product availability
- Hybrid working models become permanent workplace fixture
- High prices mean subsidised loans can't revive Hungary's housing market
- Summus Capital acquires office building in Kraków
- Portico buys two Mega Image stores in Ploiești
- GTC delivers strong Q1 2026 growth with 7% revenue rise
New leases
- Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
- Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.
- DXC Technology has extended its lease agreement for office space in Warsaw’s Skyliner tower, securing its tenancy until 2032. The global IT services leader will continue to occupy nearly 4,600 sqm of office space distributed across three floors of the Karimpol Group’s flagship development.
New appointments
- BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
- Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
- Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
