News Czech National Development Bank might build rental flats

Czech National Development Bank might build rental flats

by Property Forum
The Czech government wants to involve the Czech National Development Bank (NRB) in the construction of affordable rental housing. The cabinet is also planning to amend the law on the State Fund for Investment Support (SFPI), which supports housing development in the Czech Republic. This is to support the government's commitment that up to 10,000 extra rental flats could be built per year by the end of the parliamentary term. The Czech Press Agency (CTK) quotes the updated programme statement of the cabinet.
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News Obtaining a building permit in Slovakia to become faster

Obtaining a building permit in Slovakia to become faster

by Property Forum
Newly approved building regulations in Slovakia will significantly reduce the endless waiting for building permits. Thanks to advanced digitalisation, the individual processes and the timeframes for their execution are shortened. Builders will thus be able to calculate the capital invested and the entire work schedule more accurately. Therefore, a new Office for Spatial Planning and Construction is being established as a central state administration body, as well as a specialised construction office for the so-called EIA of construction at the Ministry of the Environment, informs.
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News Czech gov't to fund housing program for refugees

Czech gov't to fund housing program for refugees

by Property Forum
The Czech government plans to introduce subsidy programs that could significantly help fund housing for refugees. In addition to funding from the state budget, money from the National Recovery Plan is also being considered. The use of the money depends on the approval of all EU-27 countries, Czech daily reports.
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News Romania extends reduced VAT for homes up to €140,000

Romania extends reduced VAT for homes up to €140,000

by Property Forum
Buyers of homes in Romania with a price of maximum €140,000 will pay a VAT of 5%, extending a facility that was applicable up to now only for residential units with costs up to €90,000, according to a government decision. 
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News Business services to benefit from government grants in Poland

Business services to benefit from government grants in Poland

by Property Forum
Reduced market entry thresholds, a simplified qualitative assessment of investment projects, and a higher level of support in selected locations are the major changes in the government's grant programme that could attract more business services investors to Poland.
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Latest news

New leases

  • Online documentation and efficiency solutions company Craft Docs secured a 1,000 sqm of office space in the renewed Krausz Palace office complex in downtown Budapest. The company will move in August 2023. The startup has become the first tenant of the building, Jake Lodge, principal of Avision Young Hungary responsible for the leasing and operative management of the building said.
  • A new tenant has moved into the Eximius Park office complex near Kraków. GoE Wellness is a British healthy lifestyle start-up that is expanding its operations in Europe. The company's new office has an area of approximately 900 sqm and is located in building 200.
  • Galeria Jurajska is strengthening its offer. Three new tenants - fashion brands Quiosque and Lovisa and patisserie Lody Czewskie - will soon appear in the Częstochowa shopping centre.

New appointments

  • CPI Property Group is expanding its retail leasing department. Dariusz Kafara has been appointed as the new Leasing Manager. At the Warsaw branch of the company, Dariusz is responsible for maintaining the maximum level of commercialisation in two retail park chains from the group's portfolio - CityMarket and STOP SHOP.
  • Brian Nyeng Olesen, formerly head of commercial at the Salling Group, has been appointed as the new managing director of Netto Polska. The position was previously held by Hugo Mesquita.
  • M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.


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