The price of newly built homes in Budapest rose more than 8% in the three months between August and November and the average price per square metre is now nearly HUF 1.1 million (€3,000), Eltinga’s latest Budapest Housing Report shows. Below is a breakdown of new home prices by district.

Skanska has started the construction of the first stage of the NU! Warszawa Wola, comprising 145 apartments. The completion of the investment is scheduled for the last quarter of 2023.

Kid Group has kicked off the development of a new residential complex in northern Bucharest following an investment of €35 million. 

Property developer Alesonor says it has obtained the construction permit for the first villas of Amber Forest complex it will develop in the suburbs of Bucharest. 

CTP officially opened two more buildings in Brno for young local and expatriate professionals and young families. Both buildings can accommodate more than 200 individuals and are follow-ups to the successfully established Domeq I, which the company launched in Brno about four years ago. Due to their larger rooms, the two new buildings are designed to be more for individual residential living rather than co-living, as was the case for Domeq I.  CTP continued this residential project in response to the current high demand in the housing market that is not just seen in Brno, but the whole country.

Romanian Impact Developer & Contractor says it got a loan of €4.25 million with a 4-year maturity from Garanti Bank to finance its working capital.

Over PLN 70 million of net profit, increasing assets value, in particular in the residential sector, as well as decreased debt level – this is a brief summary of Q3 2021 results in Echo Investment Group. The group is satisfied with the pace of Resi4Rent development and a large landbank, that allows building ca. 15,000 apartments.

Romanian developer Forty Management plans to start new residential projects covering 138,000 sqm with a market value of more than €310 million. The investments are in various permitting stages. 

The number of residential units sold in Romania in the first 10 months of 2021 increased by 65% to more than 150,000 individual units compared to the same period form 2021, according to official data from the National Agency of Cadastre and Real Estate Advertising. 

Romanian Nordis Group has kicked off the development of the second phase of Mamaia 5***** project with hotel and residential components.