AFI Europe Romania has received the building permit that allows for construction works to begin on AFI City, the first residential project developed by the company in Romania. The building process has been divided into phases, the first one being scheduled to begin in the next 2 months.

Golub GetHouse has signed the purchase agreement of the property located at Jagiellońska Street 82 in the Warsaw district of Praga-Północ. The investment plot with a total area of 11,533 sqm is located opposite the Kozminski University. In the first stage of the project, a modern student house with cca. 430 beds and with student amenities will be constructed. The investment will be covered by the Golub GetHouse Property Fund II FIZ and in partnership with CA Ventures company, specializing in the construction of student houses in the USA.

In Q3 2017 the largest increase in house prices was registered in the Czech Republic. According to fresh data published by Eurostat, Hungary also saw double-digit growth, while prices rose by 5-10% in Bulgaria, Slovenia, Slovakia and Romania

Cityland, a Bucharest-based residential real estate agency, will start selling apartments in bitcoin in response to the growing popularity of the virtual currency, profit.ro reports.

Real estate developer London Partners is to invest €26 million in SoHo Unirii residential project in Central Bucharest, which will have a total of 236 apartments. Construction works started this summer and completion is scheduled for Q1 2019.

One United Properties, a real estate developer specialised in Bucharest residential property, will issue €20 million worth of 4-year bonds through private placement, fully funded by co-management by Credit Value Investments in Poland. The money will be spent on the company existing and new residential developments.

Turkish real estate developer Anchor Grup will invest €9.5 million in the Pallady Towers residential project.

JLL’s valuation department, under the leadership of Ján Zibura MRICS and Petr Strýček, has valued the portfolio of the largest owner of apartments for rent in the Czech Republic, RESIDOMO.

A new concept of modern living for students and young professionals in Brno has opened its doors. DOMEQ offers 159 rooms and apartments for 309 residents. It is located in Ponávka Business Park and a part of the residency will be allocated specifically to students and interns from the local firms in the area. On behalf of CTP, the building will be run by the agency Foreigners.cz.

Residential markets are on the rise all over Europe. There are barely any countries where prices haven’t begun to increase since the crisis. Property Forum took a closer look at the Central and Eastern European region, to see which countries have seen the highest growth. Croatia is one of the countries where prices began to grow later rather than sooner, but this means that it may become a new hotspot for investors looking to profit from house price growth in the region.