Articles in RESIDENTIAL topic

26
Jan
2022

Eden Capital Development records sales of over €90 million in 2021

by Property Forum

Romanian developer Eden Capital Development, which focuses on the Bucharest residential market, recorded total sales of over €90 million during 2021, at an average transaction of over €120,000 for an apartment.

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25
Jan
2022

Living completes first phase of Budapest resi project

by Property Forum

Living, an umbrella brand of Wing specialising in residential properties, has completed the first phase of its Park West project offering 229 apartments in District 13 of Budapest. About 700 apartments will be constructed in the residential development project to be carried out in three phases.

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21
Jan
2022

Art Property to boost residential management operations in Romania

by Property Forum

Art Property, the developer of the €20 million Art City residential complex in Bucharest, is looking to expand its presence in the property management field and appointed a new management team to implement the operational plans.

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18
Jan
2022

Bratislava’s tallest residential building receives usage permit

by Property Forum

Developer J&T Real Estate (JTRE) has completed the almost three-year construction of Bratislava’s tallest residential building and the Klingerka project has been issued a usage permit.

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14
Jan
2022

Czech Republic registers EU’s strongest house price growth in Q3 2021

by Property Forum

In Q3 2021, the Czech Republic registered the strongest house price growth within the EU, both in a year-on-year (22%) and a quarter-on-quarter (7.3%) comparison, well above the EU average of 9.2% and 3.1%, respectively, according to Eurostat’s House price index.

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14
Jan
2022

Nordis Group reports sales of €80.9 million in 2021

by Property Forum

Romanian Nordis Group, specialized in the development of hotels and residential projects, recorded sales of RON 400 million (around €80.9 million), mainly in the project located in Mamaia.

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13
Jan
2022

Forty Management to build Romania's highest residential tower

by Property Forum

Romanian developer Forty Management has initiated the authorization procedure for Royal Suites Central District in northern Bucharest, with a market value of €76 million. Once completed, the building will be the tallest residential project in Romania with a height of 122 meters.

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13
Jan
2022

One United delivers residential towers in Bucharest

by Property Forum

Romanian developer One United Properties has announced the handover of One Herăstrău Towers, located in northern Bucharest, with a gross development value of around €53.3 million.

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12
Jan
2022

Impact completes €150 million resi complex in Bucharest

by Property Forum

Property developer Impact Developer & Contractor has completed the Luxuria Residence complex in northern Bucharest, with an estimated market value of €150 million.

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12
Jan
2022

ING Bank Śląski loans Resi4Rent PLN 355 million

by Property Forum

A lending transaction worth appr. €78.3 million (PLN 355 million) related to the refinancing of a residential portfolio is the first joint venture of Resi4Rent and ING Bank Śląski.

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Latest news

New leases

Himalaya and Sabon are joining the brand mix at Fashion House Militari, adding new options in the beauty, sport, and lifestyle categories. Furthermore, Collective pop-up outlet is opening a multibrand store at Fashion House Pallady.
Rohlig SUUS Logistics, the largest Polish logistics operator, has extended its lease, on a long term basis, at the Bolero Office Point 1 building in Warsaw. The company has been occupying the space since 2014.
In recent months, M1 Czeladź, managed by EPP, has signed lease agreements and extensions of cooperation covering a total area of over 6,200 sqm. For instance, New Yorker is preparing a larger showroom of over 1,500 sqm, while Ochnik is moving to a new space totaling 925 sqm. McDonald's and CCC have also strengthened their presence at M1 Czeladź by extending their lease agreements. CCC has also decided to renovate its premises. Pierre Cardin is also staying in the project longer

New appointments

Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.