ARTICLES IN Residential  TOPIC

News Hungary's residential property market hits low point in April
05
May
2020

Hungary's residential property market hits low point in April

by Property Forum
There were 5,971 residential property deals made in Hungary in April 2020, according to the latest monthly transaction estimate by real estate group Duna House. The last time the monthly figure was this low was at the low point of the previous crisis in 2013. Meanwhile, weekly data suggest that we are past the trough as the market picked up slightly in the second half of the month.
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News House prices fall in Budapest for the first time since 2013
30
Apr
2020

House prices fall in Budapest for the first time since 2013

by Property Forum
While house prices in Budapest rose 14.1% year-on-year in the fourth quarter of 2019, they fell 2.0% in nominal terms on a quarterly basis, the National Bank of Hungary (MNB) reported. The central bank has not recorded a q-o-q drop in house prices since Q4 2013.
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News One United completes structure of Bucharest tower
29
Apr
2020

One United completes structure of Bucharest tower

by Property Forum
Romanian developer One United Properties has completed the structure of its One Herăstrău Towers mixed-use project, which will include 139 residential units, in addition to offices and commercial space on 5,055 sqm. The project is 85% pre-contracted ahead its completion planned before the end of the year.
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News Poland’s PBSA stock set to double by 2023
29
Apr
2020

Poland’s PBSA stock set to double by 2023

by Property Forum
Interest in investments in the private student housing sector in Poland is constantly growing. Investors see this market as highly absorptive, which currently satisfies less than 10% of the demand for student accommodation. Significant advantages include forecasts concerning the constantly growing number of foreign students in Poland and attractive rates of return on investment, according to a new report prepared by ThinkCo in cooperation with Golub GetHouse.
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News Opus Land buys 15.6 ha development plot in Bucharest
27
Apr
2020

Opus Land buys 15.6 ha development plot in Bucharest

by Property Forum
Opus Land Development, the developer of the Cosmopolis residential complex, completed the acquisition of a 15.6 ha piece of land located in the immediate vicinity of the project. Last year the developer purchased a 10 ha lot in the area.
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News Kajima progresses with construction of Student Depot Gdańsk
24
Apr
2020

Kajima progresses with construction of Student Depot Gdańsk

by Property Forum
Construction of the new Student Depot student housing block in Gdańsk is going faster than planned despite the challenges created by the global COVID-19 pandemic, owner Kajima reports. The facility is due to be complete in the summer, ready to welcome its first students in September 2020.
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News 6B47 plans first student housing project in Warsaw
23
Apr
2020

6B47 plans first student housing project in Warsaw

by Property Forum
6B47 Poland has acquired a 0.22 ha site on ul. Grochowska in Warsaw’s Praga Południe district from petrol station operator Circle K for the development of a 12,000 sqm student housing project. The developer was advised by BSWW Legal & Tax, Accace and ó TPA Real Estate Services.
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News Echo Investment puts virtual assistant into work
16
Apr
2020

Echo Investment puts virtual assistant into work

by Property Forum
Echo Investment is introducing a new service for potential home buyers, Aurelia – a virtual customer assistant.
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News Cordia introduces online home-buying process
08
Apr
2020

Cordia introduces online home-buying process

by Property Forum
Hungarian residential developer Cordia is introducing a new, secure, online service that covers the entire home buying process, including virtual viewing and remote contract signing.
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News One United Properties moves ahead with full speed in Bucharest
07
Apr
2020

One United Properties moves ahead with full speed in Bucharest

by Property Forum
Romanian residential developer One United Properties is moving ahead with three new projects in Bucharest.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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