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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News - CTP completes residential project in Brno
30
Nov
2021

CTP completes residential project in Brno

by Property Forum
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.
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News - Impact Developer & Contractor secures €4.25 million loan
30
Nov
2021

Impact Developer & Contractor secures €4.25 million loan

by Property Forum
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.
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News - Echo Investement gets into top 5 of Polish residential developers
29
Nov
2021

Echo Investement gets into top 5 of Polish residential developers

by Property Forum
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.
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Latest news


New leases

  • Global AI has entered the Romanian market by leasing 600 sqm of office space within the Bucharest-based Tower Center International building owned by Globalworth. The transaction was facilitated by Cushman & Wakefield Echinox.
  • XXS GYM has signed a lease for over 850 sqm of space in the modern O3 Business Campus office complex, located on Opolska Street in the northern part of Cracow.
  • Alior Bank has extended its lease at Ocean Office Park B in Kraków to accommodate its Private Banking Department. The deal, supported by brokerage firm CBRE, marks the final stage of a two-year consolidation of the bank's Kraków operations. Following the expansion, the bank occupies approximately 7,000 sqm within the Cavatina Group-owned complex.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.

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