ARTICLES LABELLED WITH TAG PRS

News NREP and YIT lay foundation stone for Smartti Mokotów
09
Nov
2021

NREP and YIT lay foundation stone for Smartti Mokotów

by Property Forum
The construction of over 800 living units has started at the intersection of Postępu and Domaniewska Streets in Warsaw. The project has been developed by YIT for the leading Nordic real estate investor NREP. Unibep has been chosen as the general contractor. Smartti Mokotów will be the largest professionally run lease facility in Poland.
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News Alfa Group enters the PRS sector with large residential project in Budapest
09
Nov
2021

Alfa Group enters the PRS sector with large residential project in Budapest

by Property Forum
Hungary-based Alfa Group is entering the dynamically growing private rental sector (PRS) and will deliver the second and third phases of its Ha11er residential project in District 9 of Budapest with apartments for rent. Residential-for-rent is an already well-established market segment in Western Europe that has attracted significant interest from institutional investors. This is increasingly true for certain CEE countries as well, such as Poland or the Czech Republic, but in Hungary, Alfa Group is entering the PRS market as one of its pioneers.
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News Who’s to blame for rising apartment prices?
08
Nov
2021

Who’s to blame for rising apartment prices?

by Michał Poręcki
Rising construction costs and strong demand from investors are at play, of course, but the picture is a lot more complicated than that. Players of the dynamically growing private rental sector (PRS) discussed market trends at Living Investment Forum 2021, Property Forum's annual event in Warsaw. 
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News Resi Capital to build more PRS units in the centre of Łódź
28
Oct
2021

Resi Capital to build more PRS units in the centre of Łódź

by Property Forum
Resi Capital, PRS subsidiary of Cavatina Holding has bought an 11,590 sqm plot located on Tuwima Street in the New Center of Łódź area (Nowe Centrum Łodzi). JLL advised the vendor during this transaction.
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News Avestus establishes new brand for Czech residential developments
25
Oct
2021

Avestus establishes new brand for Czech residential developments

by Property Forum
As part of the restructuring of the Avestus Real Estate business, a new residential development entity, SHD Real Estate (SHD) has been established. The new company will continue to work on residential opportunities with a remit to develop across all residential sectors, including residential for rent and student accommodation. SHD will be operated and managed by the original Avestus Real Estate residential team based in Prague and they will be investing in opportunities across the country. Avestus will continue to focus on its existing commercial development portfolio, the latest project under construction being the Infinity office complex in Wroclaw.
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News The major challenge is the construction price
20
Oct
2021

The major challenge is the construction price

by Michał Poręcki
Roger Andersson, Managing Director of Vastint Poland talked to Property Forum about the accelerating residential property prices, faith in hotel investments in Poland, and constantly rising construction costs.
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News Maximillian Mendel to lead Zeitgeist AM in Poland
19
Oct
2021

Maximillian Mendel to lead Zeitgeist AM in Poland

by Property Forum
Zeitgeist Asset Management has announced that on January 1st, 2022, Maximilian Mendel, one of the most experienced practitioners in PRS, student housing and other fields in the living sector, will assume the position of Managing Director of their Polish subsidiary.
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News Walter Herz: Warehouses are a new investment star
15
Oct
2021

Walter Herz: Warehouses are a new investment star

by Property Forum
The potential of the commercial real estate market in Poland is constantly growing, and the profile of projects that investors focus on is changing
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News Younger Poles attach less importance to owning an apartment
13
Oct
2021

Younger Poles attach less importance to owning an apartment

by Michał Poręcki
Andrzej Oślizło, CEO of Develia, one of the largest Polish developers has talked to Property Forum about the recent sale of Wrocław landmark, Sky Tower, PRS perspectives and the current market conditions in the residential sector in Poland.
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News Prague apartment prices are catching up with mid-range locations in Austria
01
Oct
2021

Prague apartment prices are catching up with mid-range locations in Austria

by Property Forum
In 2021, the excess demand in the Austrian apartment building market will continue to lead to solid increases in the values of residential and commercial buildings. However, according to Arnold Investments, prices in very good and good locations have currently stabilised at a high level. Entry-level prices for local properties within the “Gürtel” (beltway) are currently starting at €4,000 to €5,000 per square metre.
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Latest news


New leases

  • Signify is relocating its existing headquarters in Lódź. The new office, located in the city centre in the Hi Piotrkowska complex, has an area of over 2,800 sqm. The tenant was assisted in the signing of the contract and the process of arranging the new office by the consulting firm CBRE.
  • Magwise Medical Centre is a new tenant of the Wola Retro office building in Warsaw owned by Develia. The clinic, which specialises in mental health, has taken nearly 390 square metres of space on the ground floor of the building.
  • Logistics company Fiege will lease approximately 5,000 sqm in the ONE industrial park in Lovosice built by Cromwell Property Group. The transaction was arranged by Matěj Indra, head of the industrial department at 108 Agency Czech Republic.

New appointments

  • Lucia Niculae has been appointed Business Development Director of Romanian construction company Pedro Construct. She has been an investor since 2018 and currently manages her own property portfolio. 
  • 108 Agency promoted Matej Indra to Head of Industrial Agency for the Czech Republic.
  • Michał Ozimek has joined the Valuation department at Corees Polska - Commercial Real Estate, taking up the position of Senior Valuation & Investment Analyst. Working in the agency's Warsaw branch, he will be responsible for supporting processes related to the development of property valuations.


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