News - Old rental apartments fall out of favour
21
Jun
2021

Old rental apartments fall out of favour

by Property Forum
Cushman & Wakefield has analysed the findings of a survey carried out by SW Research on a representative sample of the inhabitants of the largest Polish cities. The amount of rent and the standard of accommodation are key to home renters. 
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News - Budimex Nieruchomości becomes Spravia
15
Jun
2021

Budimex Nieruchomości becomes Spravia

by Property Forum
Budimex SA has signed the final sales agreement of Budimex Nieruchomości. Therefore, the private equity investment firm Cornerstone Partners and Czech development group Crestyl took over the entire shareholding of the company.  This is the biggest acquisition in Poland and Central and Eastern Europe since the outbreak of COVID-19 pandemic. The next stage is changing the name of the company - Budimex Nieruchomości is now Spravia.
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News - Geometrik Build invests €20 million in Constanța
14
Jun
2021

Geometrik Build invests €20 million in Constanța

by Property Forum
Real estate developer Geometrik Build will invest €20 million in its first large-scale residential project located in southern Constanța. 
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News - Cordia aims to realize half of its total sales in Poland
09
Jun
2021

Cordia aims to realize half of its total sales in Poland

by Property Forum
Hungarian-based company Cordia is planning to sell 745 apartments in the country in 2021, which could be nearly half of the Group’s combined sales target in all of its markets.
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News - Resi4Rent opens another building in Gdańsk
09
Jun
2021

Resi4Rent opens another building in Gdańsk

by Property Forum
Resi4Rent opens its seventh building, this time in the north of the country. The first clients have already moved into 301 new premises at Kołobrzeska Street in Gdańsk. This is another step towards the company's goal of building a portfolio of 10 thousand apartments by 2025.
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News - Wing launches eco-friendly residential project in Budapest
08
Jun
2021

Wing launches eco-friendly residential project in Budapest

by Property Forum
Living, Wing’s residential property development umbrella brand, has announced the launch of its newest residential park development. Located on the shore of the Rákos Stream in District 13 of Budapest, Le Jardin will be Living’s greenest residential project to date.
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News - JLL: M&A on the Polish housing market are imminent
08
Jun
2021

JLL: M&A on the Polish housing market are imminent

by Property Forum
The intensive development of the Polish housing market, and the great interest of global investment capital in Poland, are boosting consolidation and acquisitions. News of the sales of several large, well-known development companies has recently been of much discussion in the Polish housing market, and according to JLL experts, this trend looks set to continue.
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News - Hungary’s housing market performs well in May
01
Jun
2021

Hungary’s housing market performs well in May

by Property Forum
A total of 14,193 residential properties were sold in Hungary in May, real estate group Duna House said in its monthly Transaction Estimate. This marks the strongest May in the market for the past couple of years as the figure was 5% higher than in May 2019.
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News - Murapol gets a new loan of PLN 350 million for new projects
01
Jun
2021

Murapol gets a new loan of PLN 350 million for new projects

by Property Forum
Murapol has restructured its existing debt and obtained a new loan from mBank and Bank Pekao in the amount of PLN 350 million. The developer is implementing a plan to rationalize the financing structure and to support the sustainable development of nationwide operations.
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News - Growth of home prices slows down in Slovakia
31
May
2021

Growth of home prices slows down in Slovakia

by Property Forum
In Q1 2021, home prices in Slovakia increased by only 2% compared to Q1 2020. The prices of new dwellings increased by 2.6% and prices of used dwellings rose by 1.5%, the Statistical Office of the Slovak Republic announced.
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Latest news


New leases

  • Laboratoires Théa, a leader in the European and Polish ophthalmology market, has joined the tenant roster at the LIXA C office building in Warsaw. The company’s local subsidiary, Théa Polska, has leased nearly 1,000 sqm of modern office space on the first floor of the building owned by Yareal Polska.
  • IWG has opened a new Regus work space at Sky Tower, Chișinău. The company has opened a 1.000 sqm space on the first floor of the office building.
  • Strategy has extended its lease agreement for office space in the Skyliner office building in Warsaw, part of the Karimpol Group's portfolio. Strategy occupies 1,500 sqm of office space on the 22nd floor of Skyliner I and was the building's first tenant.

New appointments

  • Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
  • Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
  • CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.

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