News - Millstone Developments makes €8 million resi investment in Bucharest
06
Oct
2021

Millstone Developments makes €8 million resi investment in Bucharest

by Property Forum
Romanian Millstone Developments says it secured the construction permit for a new premium residential project with 24 apartments in central Bucharest. 
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News - Leach & McGuire to manage Heimstaden's Polish PRS assets
30
Sep
2021

Leach & McGuire to manage Heimstaden's Polish PRS assets

by Property Forum
Leach & McGuire have signed an agreement to start work on two buildings that Heimstaden purchased in Warsaw earlier in 2021 from Marvipol, specifically ‘Unique Tower’ on ul. Grzybowska comprising 136 apartments and ‘Moko’ (Botanika) on ul. Bokserska featuring 477 residential units.
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News - Cloud 9 in Bucharest reaches 85% sell rate
29
Sep
2021

Cloud 9 in Bucharest reaches 85% sell rate

by Property Forum
Akcent Development’s Cloud 9 residential project in northern Bucharest reached 700 units sold by the end of August out of 820 apartments available in the complex. 
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News - White Stone buys large plot in the northern part of Warsaw
24
Sep
2021

White Stone buys large plot in the northern part of Warsaw

by Property Forum
The White Stone Capital Group has purchased the second part of the land in Bielany in the vicinity of Huta Warszawa, at the Młociny metro station. In total, the developer owns a plot of land with an area of ​​200,000 sqm in its portfolio. Work is underway on the concept of creating a multi-stage multi-functional investment with a rich green area preserved.
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News - Novum Business Invest puts €90 million in Bucharest resi project
22
Sep
2021

Novum Business Invest puts €90 million in Bucharest resi project

by Property Forum
Property developer Novum Business Invest has kicked off the development of a new residential compound in Bucharest with an estimated investment value of more than €90 million. 
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News - Cordia completes its tallest residential building
20
Sep
2021

Cordia completes its tallest residential building

by Property Forum
Hungary-based developer Cordia completed the 54.5-metre-high Horyzont Praga in Warsaw, which is the highest-ever residential building of the company. Hungary's leading residential property developer plans to develop 3,500 homes in Poland, in addition to the nearly 900 homes currently under construction.
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News - Students in Romania look for healthier accommodation
17
Sep
2021

Students in Romania look for healthier accommodation

by Property Forum
Private campuses are becoming an increasingly popular option for students across Romania, and they are looking for accommodation facilities that protect their health, according to representatives of Genesis Property, the owner of West Gate Studios campus and the 4-star Studio One Accommodation Suites. 
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News - Hagag completes residential project in central Bucharest
16
Sep
2021

Hagag completes residential project in central Bucharest

by Property Forum
Hagag Development Europe says it has received the completion certificate for its residential project H Victoriei 139 in central Bucharest. 
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News - Zacaria to start residential projects in Romania
16
Sep
2021

Zacaria to start residential projects in Romania

by Property Forum
Property developer Zacaria says it will start residential investments in three Romanian cities after it partially sold its local industrial portfolio to CTP.
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News - Crestyl starts construction of first Polish project
14
Sep
2021

Crestyl starts construction of first Polish project

by Property Forum
Following the acquisition of Polish residential developer Budimex Nieruchomości - now renamed Spravia - construction of its first project has begun with its new owner, Czech developer and investor Crestyl. The two phases of the Mińska 69 residential complex in Warsaw will offer nearly four hundred apartments for long-term rent. Based on a previously concluded strategic partnership, they will be bought by Heimstaden Bostad, one of Europe’s leading residential real estate rental companies.
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Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

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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