News - Poles bet on home ownership
12
Oct
2022

Poles bet on home ownership

by Property Forum
Preferences and housing needs of Poles and what they would like to change in their own place were studied by Echo Investment. The first edition of the report "There's no place like home, or how Poles live," analyzes, among other things, what our requirements are when it comes to our own four walls, what motivates us when we buy an apartment, and whether we purchase it mainly for our own needs or as an investment. The report proves that in Poland owning one' s own apartment is still identified with being independent.
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News - Cordia's new resi project reaches highest point in Budapest
11
Oct
2022

Cordia's new resi project reaches highest point in Budapest

by Property Forum
The i6 Residence is near Central Europe's largest urban regeneration development area, the Corvin Promenade and is scheduled to be handed over in 2024.
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News - Bog’Art completes Bucharest resi project
11
Oct
2022

Bog’Art completes Bucharest resi project

by Property Forum
Romanian construction group Bog’Art has completed the development of its own luxury residential project Art City in northern Bucharest, which is valued at more than €20 million.  
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News - PRS in Poland is about to boom
07
Oct
2022

PRS in Poland is about to boom

by Property Forum
Like years ago, the Polish Private Rental Sector is going through a blooming time as each commercial real estate sector segment. It requires a unification of offers, greater standardization of available space, and self-professionalization. One of the first spectacular transactions involving the PRS was in 2016 and the purchase of 72 apartments in the Złota 44 building in Warsaw by the German investment fund Catella Residential Investment Management. At the end of September 2022, this segment is formed by an offer of more than 8,500 apartments for rent spread across Poland's largest cities. The prospects for the development of the market remain very high, and it is mainly favored by market conditions and the structure of the residential sector in Poland. AXI IMMO, together with industry experts Inquiry and ThinkCo, presents data for the Polish institutional rental market in a publication, "Development prospects for the PRS market in Poland."
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News - Duna House introduces unified landing brand in CEE 
07
Oct
2022

Duna House introduces unified landing brand in CEE 

by Property Forum
Duna House Group (DHG), the largest real estate agency in the region decided to unify its landing brokerage activity by creating a single brand called Credipass. 
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News - Prime Kapital to start new resi investment in Timișoara
06
Oct
2022

Prime Kapital to start new resi investment in Timișoara

by Property Forum
Property developer and investor Prime Kapital has announced a new urban regeneration project on a 5.6-hectare plot near the Bega river in Timișoara. 
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News - RSBC to start building 215 lofts in Prague by end-2022
05
Oct
2022

RSBC to start building 215 lofts in Prague by end-2022

by Property Forum
RSBC Development Financing in cooperation with Masák & Partner plans to start a new residential development in the former ČKD factory in Prague Vysočany later this year. The original industrial building should be converted into 215 atypical two-floor apartments, i.e. lofts, within two years for CZK 2 billion (€81.6 million), writes E15.cz.
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News - Poland to allow apartments in office buildings and supermarkets
05
Oct
2022

Poland to allow apartments in office buildings and supermarkets

by Property Forum
Will the non-functioning office buildings and shopping centers be taken over by residential buildings? Arguments for and against this measure are listed by Piotr Łopusiński, Associate Director, Investment at Avison Young Poland.
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News - Colliers to handle leasing of Vitan Estates in Bucharest
04
Oct
2022

Colliers to handle leasing of Vitan Estates in Bucharest

by Property Forum
US-owned Bucharest Properties REIT has appointed real estate consultancy Colliers to provide full corporate leasing services for Vitan Estates, Bucharest's first residential development exclusively for rental.
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News - STC Partners gets permit for Bucharest resi project
04
Oct
2022

STC Partners gets permit for Bucharest resi project

by Property Forum
Property developer STC Partners has obtained the building permit for both phases of the Quartier Azuga residential complex, along with the Green Homes pre-certification and will start construction works for the first phase this autumn. 
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Latest news


New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.

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