ARTICLES IN Residential  TOPIC

News Students in Romania look for healthier accommodation
17
Sep
2021

Students in Romania look for healthier accommodation

by Property Forum
Private campuses are becoming an increasingly popular option for students across Romania, and they are looking for accommodation facilities that protect their health, according to representatives of Genesis Property, the owner of West Gate Studios campus and the 4-star Studio One Accommodation Suites. 
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News Hagag completes residential project in central Bucharest
16
Sep
2021

Hagag completes residential project in central Bucharest

by Property Forum
Hagag Development Europe says it has received the completion certificate for its residential project H Victoriei 139 in central Bucharest. 
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News Zacaria to start residential projects in Romania
16
Sep
2021

Zacaria to start residential projects in Romania

by Property Forum
Property developer Zacaria says it will start residential investments in three Romanian cities after it partially sold its local industrial portfolio to CTP.
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News Crestyl starts construction of first Polish project
14
Sep
2021

Crestyl starts construction of first Polish project

by Property Forum
Following the acquisition of Polish residential developer Budimex Nieruchomości - now renamed Spravia - construction of its first project has begun with its new owner, Czech developer and investor Crestyl. The two phases of the Mińska 69 residential complex in Warsaw will offer nearly four hundred apartments for long-term rent. Based on a previously concluded strategic partnership, they will be bought by Heimstaden Bostad, one of Europe’s leading residential real estate rental companies.
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News Romanian residential prices up 2% in August
08
Sep
2021

Romanian residential prices up 2% in August

by Property Forum
Asking prices of apartments in Romania were up 2% in August compared to the previous month to €1,508 per sqm, according to property portal Imobiliare.ro. 
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News Resi4Rent completes Poznań project
07
Sep
2021

Resi4Rent completes Poznań project

by Property Forum
The construction of the Resi4Rent project in Poznań has been completed. Less than two weeks after obtaining a use permit, 30 rental contracts have already been signed.
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News AFI Europe completes shell of resi-for-rent building in Prague
07
Sep
2021

AFI Europe completes shell of resi-for-rent building in Prague

by Property Forum
AFI Europe has completed the shell of the fifth and final phase of the Tulipa Třebešín residential project which is intended purely for rental housing and completes a large-scale development on a 5-hectare urban brownfield site in Prague 3 - Strašnice. The building will offer a total of 61 residential units with an expected completion date of Q3 2022. The general contractor is Imos Brno. AFI Europe's total investment in Phase 5 will exceed CZK 250 million.
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News Impact to develop over 10,000 homes in Romania by 2027
03
Sep
2021

Impact to develop over 10,000 homes in Romania by 2027

by Property Forum
Romanian Impact Developer & Contractor said it plans to develop 1.25 million sqm by 2027, respectively over 10,000 homes in the medium - affordable segment, with an estimated market value of €1.4 billion without VAT. 
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News Late summer brings upturn in Hungary’s housing market
01
Sep
2021

Late summer brings upturn in Hungary’s housing market

by Property Forum
A total of 11,304 residential properties were sold in Hungary in August 2021, real estate group Duna House said in its monthly Transaction Estimate. While this is below the monthly average of the February-June period, the January-August total is higher than the 2020 or 2019 figure.
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News Immofinanz plans to build up to 12,000 apartments
31
Aug
2021

Immofinanz plans to build up to 12,000 apartments

by Property Forum
Immofinanz is now expanding its real estate offering to also include affordable and sustainable housing. With Top on Stop, single-storey Stop Shop retail parks will be overbuilt to create low-price, resource-friendly housing and to create up to 12,000 new apartments over the medium-term. This represents a further contribution by Immofinanz to the fight against climate change, ground sealing and the explosion in housing costs and opens up new earnings opportunities while, at the same time, optimising risk.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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