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News Czech residential market to "normalize" next year
28
Nov
2023

Czech residential market to "normalize" next year

by Vera Tumova
Slowly, the residential market should "normalize" and the classic buy/sell market will revive again due to the reduction of interest rates, but this will not happen before the end of this year and the end of summer 2024, explained in an interview for Property Forum Tereza Kouklová, Managing Partner at SFG Holding. 
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News Hungarian developer Property Market has new leader
20
Feb
2023

Hungarian developer Property Market has new leader

by Property Forum
Market Group has appointed Ákos Kiss as Managing Director of Property Market, the development firm of the group. He has been working at the company since 2015 and before his appointment worked as Director of Sales, Marketing and Communication. 
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News Hungary's Futureal Group to merge two large units 
07
Feb
2023

Hungary's Futureal Group to merge two large units 

by Property Forum
Futureal Development and Futureal Investment Partners will join their efforts to increase green investments in a pan-European platform.
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News Passerinvest approves another residential project in Prague 4 
17
Jan
2023

Passerinvest approves another residential project in Prague 4 

by Property Forum
Another new residential building, Oliva, built by Passerinvest in Prague Brumlovka, was approved in December. The first residents will start moving into the 72 flats in the first quarter of this year, the developer announced. 
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News JTRE names new Commercial Director
16
Dec
2022

JTRE names new Commercial Director

by Property Forum
Slovakia's JTRE enlarged its professional team before the end of the year 2022 and appointed Peter Píš as the new Commercial Director in December, JTRE reports.
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News Skanska plans to get into rental housing in Prague
12
Oct
2022

Skanska plans to get into rental housing in Prague

by Vera Tumova
Skanska Residential is planning to include rental housing in its multi-phase projects in the Czech Republic as an additional product to its standard offer. However, the company mainly wants to focus on building homes in Prague for long-term living. Property Forum talked to Petr Michálek, CEO of Skanska Residential.
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News Hungary’s Wing to acquire majority interest in Echo Investment
16
Oct
2019

Hungary’s Wing to acquire majority interest in Echo Investment

by Property Forum
Hungarian investor and developer Wing has signed a preliminary agreement to acquire majority interest (c.a. 56% of shares) in Echo Investment, a Polish developer listed on the Warsaw Stock Exchange. Echo Investment has almost 90 projects in the pipeline, with the total estimated usable area of c.a. 1.3 million sqm.
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Latest news


New leases

  • The company PKB Inwest Budowa has announced that the retail chain Lidl Polska will be a tenant of the newly developed Retail Park in Garwolin. The investment will include the construction of 3 buildings with a total area of 11,045 sqm. GLA. One of of them with an area of over 2,100 sqm will be occupied by a Lidl Polska shop.
  • Peek & Cloppenburg has chosen the Szczecin Galaxy shopping centre to make its debut in West Pomerania in Poland. The brand's only shop in this part of the country will be almost two thousand square metres in size.
  • The Enel-med clinic chain is opening two new outlets in Wrocław: 510 sqm in Sagittarius Business House and 1,374 sqm in the Infinity office building.

New appointments

  • Angelika Majkowska has taken up the position of HR director at Apsys Poland. Angelika, who has been with the company since 2013, will be responsible for complex HR policies in an organisation with a structure involving more than 19 teams in various locations.
  • Filip Krstičević is joining iO Partners in Zagreb as Regional Manager, focusing on leasing and land deals across the region. With a strong track record of acquiring land sites and developing residential and commercial properties in both Croatia and Australia, Filip is well placed to support international investors entering the Croatian market.
  • The Management Board of Globe Trade Centre S.A. has announced that on 18th of March, 2024 the company accepted Barbara Sikora's decision to resign from the company's authorities.

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