ARTICLES LABELLED WITH TAG PRS

News Resi4Rent delivers another investment in Warsaw
23
Mar
2023

Resi4Rent delivers another investment in Warsaw

by Property Forum
The new investment is a continuation of the Resi4Rent Warsaw Woronicza project. It is a 5-story building with 344 subscription apartments.
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News Prices of new homes in Romania to fall this year
22
Mar
2023

Prices of new homes in Romania to fall this year

by Property Forum
Prices of new homes in Romania will fall this year due to lower demand as loan conditions have tightened, but more people will be looking to rent instead and this is leading to an increase in prices this year, according to an analysis by JLL Romania. 
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News Apricot Capital Group starts PRS project in Warsaw
15
Mar
2023

Apricot Capital Group starts PRS project in Warsaw

by Property Forum
Apricot Capital Group has commenced the construction of the 423-unit Taśmowa 5 PRS development in the Mokotów area of Warsaw, The total investment exceeds PLN 270 million and ACG’s investor has provided the full sum in equity. 
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News Poland's PRS market closes 2022 with €1.8 billion in investments
13
Mar
2023

Poland's PRS market closes 2022 with €1.8 billion in investments

by Property Forum
The estimated value of transactions in the Polish institutional rental market exceeded €1.8 billion at the end of 2022, most of which were contracts for projects under development (forward contracts), according to the latest DLA Piper and Savills report – PRS market in CEE. Experts expect that high real estate prices and the declining availability of mortgages will generate increased demand for apartment rentals in the coming years, and thus attract new investments to this market segment.
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News Crosspoint Real Estate to add PRS department
07
Mar
2023

Crosspoint Real Estate to add PRS department

by Property Forum
Romanian real estate consultancy Crosspoint Real Estate, the local partner of Savills, is launching a new segment dedicated exclusively to residential leasing through accessing the private rental sector (PRS). 
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News Olivia Center in Gdańsk to prepare two more buildings
02
Mar
2023

Olivia Center in Gdańsk to prepare two more buildings

by Property Forum
One of the next buildings of Olivia Center is to serve as an office, and the other as a residential one for long-term rental (so-called PRS). The investor has just received a building permit for both buildings.
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News Syrena Real Estate enters the PRS sector in Poland
28
Feb
2023

Syrena Real Estate enters the PRS sector in Poland

by Property Forum
The company’s new business line operates under the Habitu brand and the first property from the PRS sector in the company’s portfolio located in Warsaw was fully leased in two months. The company has announced intensive development of Habitu mainly in the capital city but also in other Polish cities. Syrena plans to offer three thousand units on its PRS platform within five years.
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News PRS sector in Bucharest could reach 5,000 units by 2024
23
Feb
2023

PRS sector in Bucharest could reach 5,000 units by 2024

by Property Forum
The potential development of residential for rent (PRS) in Bucharest could reach 5,000 units by 2025, according to real estate consultancy Colliers Romania.
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News Despite the odds, Heimstaden enjoys record-low vacancy in Poland
15
Feb
2023

Despite the odds, Heimstaden enjoys record-low vacancy in Poland

by Michał Poręcki
Przemysław Orchowicz, Country Manager, Heimstaden Poland has talked to Property Forum about the current forecasts for the PRS market, overregulation risk and investment plans.
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News Poland's PRS market is currently in a very difficult situation
27
Jan
2023

Poland's PRS market is currently in a very difficult situation

by Michał Poręcki
Waldemar Wasiluk, Vice-President of the Management Board and CFO of Victoria Dom, one of the largest residential developers in Poland, talked to Property Forum about the current difficult situation in the market, the interest of the PRS investment funds and the cautious approach of financing entities.
Read more >

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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