ARTICLES IN Residential  TOPIC

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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News Impact secures permits for 1,305 residential units in Bucharest
25
Aug
2021

Impact secures permits for 1,305 residential units in Bucharest

by Property Forum
Romania's Impact Developer & Contractor says it will kick off the construction of another 326 apartments in Greenfield Băneasa, while its total development pipeline in Romania will reach 2,707 residential units in all projects by year-end. 
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Latest news


New leases

  • CTP has signed a new lease agreement with long-term client Raben Romania, which has taken 1,800 sqm at CTPark Brașov West.
  • Another fast-growing Polish company has picked Metropolitan Warsaw for its headquarters. Rock Capital, a leading retail park developer and investor in Poland, now occupies modern office space overlooking the Grand Theater and Moliera Street. The Rock Capital's new headquarters, designed by BIT CREATIVE studio and its founder Barnaba Grzelecki, spans 460 sqm of premium office space on the first floor.
  • The largest retail chain in Poland offering RTV/AGD equipment has leased over 4,200 sq m of modern space in the MLP Poznań logistics centre. Media Expert will start operating in the new location in July 2025. The company was advised by Cushman & Wakefield in the leasing process

New appointments

  • Former Taylor Wessing Counsel and Head of Real Estate Peter Malovec has joined CTP Slovakia as its new Head of Legal.
  • Matexi Polska is strengthening its management structure. Jesika Mackiewicz has joined the management boards of companies implementing residential projects in Warsaw. This manager, with over 10 years of experience in the real estate industry, will support Matexi Polska's continued growth in the capital market.
  • 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.

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