News - Cordia adds 300 new homes to Hungarian pipeline
14
Dec
2021

Cordia adds 300 new homes to Hungarian pipeline

by Property Forum
Responding to the extremely buoyant demand, Hungarian residential property developer Cordia is adding more than 300 new homes to its supply by the end of the year. This move will increase the number of new homes available in Budapest's 8th district by a third, while in the 1st district the company's development will essentially represent the entire new home supply. The company, a member of the Futureal Group, will have a record year this year, delivering around 50% more homes than last year and tripling the number of apartments sold.
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News - Haberl Real Estate unveils new residential project in Bratislava
14
Dec
2021

Haberl Real Estate unveils new residential project in Bratislava

by Property Forum
Local developer Haberl Real Estate announced a new residential project, Green Atrium in Bratislava’s Ružinov district. The project consists of 3 blocks and an inner block. It will provide 83 residential units, underground parking and up to 1,500 sqm of greenery located in the courtyard and on the roofs of buildings. Start of construction is expected to take place in Q3 2022, while completion is scheduled for 2025.
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News - Speedwell inks financing deal with BT for apartments in Bucharest
14
Dec
2021

Speedwell inks financing deal with BT for apartments in Bucharest

by Property Forum
Property developer Speedwell has signed a new financing agreement with Banca Transilvania and received an €8 million loan for Phase 2 that is currently under construction and the future Phase 3 of the Triama Residence project in Bucharest. 
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News - Akcent Development invests €75 million in Bucharest apartments
14
Dec
2021

Akcent Development invests €75 million in Bucharest apartments

by Property Forum
Romanian Akcent Development will invest around €75 million in Akcent City, a new residential project with 810 apartments located in the Bucureștii Noi area of northern Bucharest. 
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News - Prima Development Group invests €40 million in Oradea apartments
14
Dec
2021

Prima Development Group invests €40 million in Oradea apartments

by Property Forum
Romanian Prima Development Group will invest around €40 million in Green Residence, a new residential project in Oradea comprising over 800 apartments. 
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News - White Star Real Estate to add apartments in Cluj project
13
Dec
2021

White Star Real Estate to add apartments in Cluj project

by Property Forum
Property developer White Star Real Estate says it has obtained the building permit for Liberty Residential, which will be integrated in Cluj Napoca-based Liberty Technology Park. 
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News - New home prices in Budapest rise 8% in 3 months
13
Dec
2021

New home prices in Budapest rise 8% in 3 months

by Property Forum
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.
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News - Skanska starts construction of residential complex in Warsaw
10
Dec
2021

Skanska starts construction of residential complex in Warsaw

by Property Forum
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.
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News - Kid Group invests €35 million in Bucharest apartments
09
Dec
2021

Kid Group invests €35 million in Bucharest apartments

by Property Forum
Kid Group has kicked off the development of a new residential complex in northern Bucharest following an investment of €35 million. 
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News - Alesonor secures construction permit for villas near Bucharest
08
Dec
2021

Alesonor secures construction permit for villas near Bucharest

by Property Forum
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. 
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Latest news


New leases

  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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