ARTICLES IN Residential  TOPIC

News Home prices in Slovakia increase by 7.3% in Q4 2020
26
Feb
2021

Home prices in Slovakia increase by 7.3% in Q4 2020

by Property Forum
In Q4 2020, dwellings' prices in Slovakia increased by 7.3 % compared to Q4 2019, while prices of new dwellings increased by 6,6 % and prices of used dwellings rose by 7.8 %, the Statistical Office of the Slovak Republic announced.
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News New residential construction in Hungary hits 11-year high
25
Feb
2021

New residential construction in Hungary hits 11-year high

by Property Forum
In 2020, 28,208 new dwellings were built in Hungary, 34% more than a year earlier, the Central Statistical Office (KSH) said. The annual figure is an 11-year high. Meanwhile, based on issued dwelling construction permits and simple declarations, the number of homes to be built decreased by 36% compared to 2019 to 22,556.
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News Horizon completes sales process of Prague project
23
Feb
2021

Horizon completes sales process of Prague project

by Property Forum
Czech-based development group Horizon has announced that the sale of the second stage of Rezidence Čámovka is now complete. Despite much of the sales period being accompanied by pandemic-related uncertainty, all 148 flats in Prague's Čimice have already been secured by new owners. Commissioning for the five buildings in which they are located is scheduled for October this year.
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News Value One and Nuveen Real Estate  to enter Polish PBSA market
22
Feb
2021

Value One and Nuveen Real Estate to enter Polish PBSA market

by Property Forum
Eagle JVCo, the investment vehicle established in 2019 between Vienna-based Value One and Nuveen Real Estate on behalf of its parent TIAA, has agreed to acquire a portfolio of purpose-built student housing and two development sites in Poland.
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News Prima Development plans 3 new resi projects in Bucharest
17
Feb
2021

Prima Development plans 3 new resi projects in Bucharest

by Property Forum
Romanian developer Prima Development Group announces the expansion on the residential market in Bucharest with three new projects, after this year it will deliver 640 apartments in the capital city and Oradea. The new projects will bring an additional 2,500 new homes to the market.
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News Hagag plans €100 million of investments in Romania
16
Feb
2021

Hagag plans €100 million of investments in Romania

by Property Forum
Hagag Development Europe has an investment budget in Romania of €100 million for this year, according to Ziarul Financiar.
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News Atenor invests in new resi project in Budapest
16
Feb
2021

Atenor invests in new resi project in Budapest

by Property Forum
Atenor has signed an agreement relating to the acquisition of new plots in District XI of Budapest for a total area of 82,861 sqm. This new project, named Lake City has the capacity to build a total of 92,183 sqm residential area and will propose 1,326 apartments developed in eight phases. The first phase has a valid building permit in place, while for the rest of the project the building permits are yet to be obtained.
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News Nordis completes €8 million residential project in Bucharest
11
Feb
2021

Nordis completes €8 million residential project in Bucharest

by Property Forum
Nordis Group announced the completion of a building with luxury apartments in Bucharest, an investment of €8 million. 
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News 11,500 new dwellings to be delivered in Bucharest this year
09
Feb
2021

11,500 new dwellings to be delivered in Bucharest this year

by Property Forum
Almost 11,500 new homes will be completed this year in Bucharest, an increase of 14% from 2020, JLL data show.
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News Impact secures €7 million financing for Bucharest projects
08
Feb
2021

Impact secures €7 million financing for Bucharest projects

by Property Forum
Impact Developer & Contractor signed two mortgage loan agreements for properties, respectively for VAT financing, concluded with First Bank S.A, the company announced on the Bucharest Stock Exchange.
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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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