ARTICLES LABELLED WITH TAG housing

News Apartment rents down in Hungary after two years of increase
25
Jan
2023

Apartment rents down in Hungary after two years of increase

by Property Forum
The last month of 2022 brought a 0.7% decrease in rents compared to the previous month with prices in Budapest sinking by 0.9%, ingatlan.com reports.
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News Erste expects CEE residential markets to cool down
11
Aug
2022

Erste expects CEE residential markets to cool down

by Property Forum
The fears of a recession are likely to cool down the red-hot real estate market in CEE countries, Erste specialists expect. According to them, this will be influenced mainly by surging inflation, the cost of credit and cooling down of the borrowing, and shrinking of the disposable household income which will also worsen the borrowing appetite in the coming periods. There is a change in the respondent’s behaviour too. Whereas respondents from Poland, Hungary and Croatia are open to buying or building a house, Czechs, Slovaks and Slovenians are less inclined to do so, say Erste experts in their recent special report.
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News Česká spořitelna to build cheaper rental housing in Czech cities
21
Jun
2022

Česká spořitelna to build cheaper rental housing in Czech cities

by Property Forum
Czech bank Česká spořitelna is initiating the construction of more affordable rental housing in Czech towns with a population of over 10,000. The bank plans to launch the first trio of projects with 250 flats in cooperation with three town halls this year or in early 2023. Rental housing in such projects should be at least one-fifth cheaper, E15 reported on the bank's new plans today.  
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News Slovakia's housing completions fall in Q1 2022
10
Jun
2022

Slovakia's housing completions fall in Q1 2022

by Property Forum
The number of completed flats in Slovakia has fallen year-on-year in the first quarter of 2022.  Construction around Bratislava has also been on a downward trend for several quarters. However, three Slovak regions report the opposite trend with a dynamic increase in the number of completed apartments. The recovery can be observed in the number of flats under construction, according to data from the Statistical Office of Slovakia, reality.trend.sk reports.
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News Residential prices in Slovakia see record growth in Q1 2022
31
May
2022

Residential prices in Slovakia see record growth in Q1 2022

by Property Forum
Actual sales prices of real estate in the Slovak Republic reached high growth at the beginning of the year, mainly due to rising sales prices of new houses and flats, the Statistical Office of the Slovak Republic announced.
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News Czechs are warming up to cooperative housing
27
May
2022

Czechs are warming up to cooperative housing

by Property Forum
Czechs are still afraid of cooperative housing. It is the preferred form of ownership for only 3% of those who plan to buy a flat or house, while 13% do not even consider it when buying a property. However, due to the rise in mortgage rates and property prices, cooperative housing is more affordable and thus 22% of respondents have recently improved their opinion on it, according to a survey by Komerční banka and Modrá pyramida, a building society.
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News Average price of older Czech flats exceeds CZK 90,000 per sqm
09
May
2022

Average price of older Czech flats exceeds CZK 90,000 per sqm

by Property Forum
The average price of an older apartment in the Czech Republic exceeded CZK 90,000 per sqm for the first time in Q1 2022, according to a study by the real estate group European Housing Services (EHS). In Prague, an older apartment costs more than 120,000 per sqm and in Brno, it is over 90,000. Rents have returned to prices before the coronavirus crisis, the Czech News Agency quotes the EHS report.
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News Czech gov't to fund housing program for refugees
15
Apr
2022

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 E15.cz reports.
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News New co-owner to join large mixed-use project in Budapest
14
Apr
2022

New co-owner to join large mixed-use project in Budapest

by Property Forum
Private equity fund Főnix wants to take control of a financial investment firm that manages the construction of several hundred homes and office towers within the BudaPart mixed-use project in Budapest.
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News Heimstaden to invest CZK 2.5 billion in Czech assets
18
Feb
2022

Heimstaden to invest CZK 2.5 billion in Czech assets

by Property Forum
Heimstaden continues to invest in its portfolio in the Czech Republic. This year it will spend almost two and a half billion crowns on thermal insulation, new projects and repairs, the company announced.
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Latest news


New leases

  • Two more brands have joined the ranks of tenants at Galeria Copernicus in Toruń: Żabka (60 sqm) and the pet shop Aquael ZOO (170 sqm).
  • 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.

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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