ARTICLES LABELLED WITH TAG arco-real-estate
22
Aug
2023
Aug
2023
Bulgaria’s residential market cools down in Q2 2023
The residential estate market in Bulgaria cooled down in Q2 2023, with a 15% decrease in the number of transactions compared to the same period in 2022. This was due to several factors, including rising interest rates on mortgage loans, inflation, and economic uncertainty. Buyers have become more prudent, not rushing into purchases, and often negotiating discounts ranging from 5% to 10% off the initial property sale price. These are the conclusions made by Arco Real Estate for Q2 2023.
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Latest news
- Corning expands to over 100,000 sqm at Segro Logistics Park Stryków
- Penta Real Estate and PSN secure permit for mixed-use project in Prague
- Slovakia: Fewer easy wins, more specialised opportunities
- Poznań-based Andersia Tower nears full occupancy
- Matexi Polska posts higher resi sales in Q1 2026
- The carbon cost is already in your building. You just can't see it yet
- Prague airport among Europe's fastest-growing hubs
- Develia sells 860 apartments in Q1 2026
- HAVI leases 10,000 sqm in Panattoni Business Park Kladno
- Resi Capital by Cavatina kicks off resi tower construction in Warsaw
New leases
- BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
- Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
- Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
New appointments
- Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
- Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
- NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
