31
Jan
2022
Jan
2022
Home sales in Bucharest up 40% in 2021
Around 50,000 apartments were transacted on the Bucharest market in 2021, up 40% year-on-year, while some 67,000 new residential units were completed across Romania in the same period, according to a report by real estate consultancy Colliers.
Read more >
31
Jan
2022
Jan
2022
Forty Management expects revenues of €80 million in 2022
Romanian developer Forty Management expects a turnover of 397 million lei (€80 million) and a net profit of 188 million lei (€38 million) in 2022, while total investments in residential projects across Bucharest will reach 155 million(€31.3 million).
Read more >
27
Jan
2022
Jan
2022
Prima Development delivers €23 million resi project in Bucharest
Prima Development Group has announced the completion of the Core Timpuri Noi residential project in Bucharest following an investment of €23 million.
Read more >
27
Jan
2022
Jan
2022
Alesonor starts construction of villas near Bucharest
Developer Alesonor has kicked off the construction of the first villas in Amber Forest suburb located near Bucharest.
Read more >
26
Jan
2022
Jan
2022
Eden Capital Development records sales of over €90 million in 2021
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.
Read more >
25
Jan
2022
Jan
2022
Living completes first phase of Budapest resi project
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.
Read more >
21
Jan
2022
Jan
2022
Art Property to boost residential management operations in Romania
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.
Read more >
18
Jan
2022
Jan
2022
Bratislava’s tallest residential building receives usage permit
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.
Read more >
14
Jan
2022
Jan
2022
Czech Republic registers EU’s strongest house price growth in Q3 2021
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.
Read more >
14
Jan
2022
Jan
2022
Nordis Group reports sales of €80.9 million in 2021
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.
Read more >
Latest news
- Capital is back, but deployment remains difficult
- Wood & Company buys Warsaw-based Royal Wilanów for €100 million
- Shopping parks to dominate new retail supply in Poland
- CPI Europe sees soaring profit in 2025
- Catella’s Head of Strategy: Europe holds its ground amidst global uncertainties
- Mitiska REIM secures €44 million financing for Polish retail project
- Influential urbanist Charles Montgomery to keynote Iași summit
- Slovak investment market looks resilient going into 2026
- CA Immo returns to strong profit in 2025
- RRG secures €7.8 million funding for resi project in Bucharest
New leases
- iLogic, an official distributor of Delphi Tools, has leased 3,400 sqm of modern space at MLP Wrocław. This transaction completes the commercialisation of the 66,000 sqm warehouse complex. BNP Paribas Real Estate Poland supported the tenant during the negotiation and lease agreement process.
- The Chief Inspectorate for Environmental Protection has leased 4,600 sqm of office space in the refurbished HOP building, part of the Syrena Real Estate portfolio, in Warsaw. The company has been operating from its new address since January 2026.
- Bel-Pol, a leading provider of flooring and doors, has leased more than 5,600 sqm of logistics and office space at Panattoni Park Warsaw North III. Axi Immo provided comprehensive tenant representation throughout the process.
New appointments
- NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
- Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
- PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
