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. 

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. 

Futureal Development and Futureal Investment Partners will join their efforts to increase green investments in a pan-European platform.

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. 

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.

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.

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.