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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News - Impact to deliver villas in Boreal Plus complex
27
May
2021

Impact to deliver villas in Boreal Plus complex

by Property Forum
Romania’s Impact Developer & Contractor will deliver this August the 18 villas part of Boreal Plus complex and is continuing the construction of the first 209 apartments in the Constanța-based project. 
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News - Akcent Development records €48 million turnover in 2020
27
May
2021

Akcent Development records €48 million turnover in 2020

by Property Forum
Romania’s Akcent Development Group, specialized in the development of residential and office projects in Bucharest, recorded a turnover of €48 million in 2020.
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News - City Garden to deliver €16 million Bucharest project in 2022
24
May
2021

City Garden to deliver €16 million Bucharest project in 2022

by Property Forum
Romania’s City Garden says it will deliver the first phase of its luxury villas complex this year and will complete the whole project in 2022. The company is investing around €16 million in 66 villas located in northern Bucharest.
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News - Tatra Banka to finance Mint’s Bratislava resi project
18
May
2021

Tatra Banka to finance Mint’s Bratislava resi project

by Property Forum
In early May, developer Mint Investments began preparatory works on the Metropolis residential project in the centre of Bratislava. Local lender Tatra banka has been selected by the company to provide a loan of €42 million for the construction of the project. The planned completion date of the project is Q4 2023.
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News - Impact Contractor & Developer Q1 2021 sales up 71%
17
May
2021

Impact Contractor & Developer Q1 2021 sales up 71%

by Property Forum
Romania's Impact Contractor & Developer says it recorded sales of RON 39.3 million (€7.9 million) in the first quarter of 2021, up 71% year-on-year, due to higher demand in the residential market. 
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News - Impact to start construction of Iași residential project
13
May
2021

Impact to start construction of Iași residential project

by Property Forum
Impact Developer & Contractor will start the development of its first residential projects in Iași, eastern Romania, in the second half of this year. 
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News - Speedwell inks furniture supply deal with Rovere Mobili
10
May
2021

Speedwell inks furniture supply deal with Rovere Mobili

by Property Forum
Real estate developer Speedwell has concluded a partnership with Rovere Mobili that covers the residential projects The Ivy and Record Park in Bucharest.  
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News - Prima Development Group invests €20 million in Bucharest
07
May
2021

Prima Development Group invests €20 million in Bucharest

by Property Forum
Real estate company Prima Development Group is investing €20 million in a residential project located in Timpuri Noi area, Bucharest’s emerging business hub. 
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News - Hungary’s residential market still going strong
06
May
2021

Hungary’s residential market still going strong

by Property Forum
Real estate group Duna House estimates the number of residential property deals completed in Hungary to have reached 13,511 in April 2021. Although this is a slight decrease compared to the pre-pandemic peak in the same month of 2019, overall it is still the third strongest April in the last ten years.
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Latest news


New leases

  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
  • The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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