ARTICLES LABELLED WITH TAG residential

News Echo-Archicom Group closes solid Q1 2023
25
May
2023

Echo-Archicom Group closes solid Q1 2023

by Property Forum
Preliminary agreement regarding the consolidation of Echo Investment's and Archicom’s residential business, high level of cash amounting to PLN 778 million, PLN 11.5 million in net profit which was mainly the result of the revaluation of Resi4Rent projects and handing over to customers nearly 300 apartments – this is a brief summary of Q1 2023 results of Echo-Archicom Group.
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News Student Depot builds additional dormitories in Warsaw and Łódź
25
May
2023

Student Depot builds additional dormitories in Warsaw and Łódź

by Property Forum
Student Depot plans to complete two new investments in Warsaw and Łódź in the autumn. Both student residences will open at the beginning of the academic year 2023/2024, thereby increasing Student Depot's portfolio by nearly a thousand beds. The new residents will find fully furnished rooms, coworking areas, multimedia rooms, as well as fitness zones.
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News Poland's PRS market is growing despite the obstacles
25
May
2023

Poland's PRS market is growing despite the obstacles

by Michał Poręcki
Piotr Staniszewski, Partner, Real Estate, Dentons talked to Property Forum about the awareness of the PRS investors in Poland, planned legislative changes and the current financing conditions.
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News High financing costs and lack of regulation cool Poland’s PRS market down
24
May
2023

High financing costs and lack of regulation cool Poland’s PRS market down

by Michał Poręcki
After a period of rapid development in the years 2021-22, the Polish PRS market is experiencing a setback in terms of the number of both new projects and concluded deals. The participants of the investment panel during Property Forum’s Living Investment Forum 2023 conference in Warsaw tried to discover the reason for such a state of affairs.
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News Rate hikes put pressure on European resi 'bull run'
22
May
2023

Rate hikes put pressure on European resi 'bull run'

by Property Forum
The bull run in the European residential sector that was fueled by low interest rates in the past decade has been coming under strong pressure from ECB rate hikes, with valuations stagnating due to the wide gap in expectations between most buyers and sellers, according to research by property fund Catella. 
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News Czech developer UDI builds resi project in Serbia
18
May
2023

Czech developer UDI builds resi project in Serbia

by Property Forum
The Lastavice development project in Belgrade, Serbia, has just completed its rough construction. The first building of the project, which will offer almost 500 flats and require an investment of more than CZK 2 billion (€84 million), will be completed by the Czech developer UDI Group in spring 2024, while the construction of the second of the project's two buildings will begin at that time.
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News Demand for flats rises in Prague
18
May
2023

Demand for flats rises in Prague

by Property Forum
The period of stagnation and waiting on the Prague residential market is over. Along with the spring came a revival in the Prague housing market. The demand is rising, and interest in buying and renting is also growing, according to the latest Knight Frank report.
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News NEPI Rockcastle's net operating income up 27% in Q1 2023
18
May
2023

NEPI Rockcastle's net operating income up 27% in Q1 2023

by Property Forum
NEPI Rockcastle, Europe’s third largest listed owner, developer, and manager of retail properties by portfolio market value at €6.6 billion, recorded a 27% rise in net operating income (NOI) in the first quarter of 2023 to €120 million compared to the same period of last year.
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News Hagag Development Europe plans to invest over €130 million in Romania
16
May
2023

Hagag Development Europe plans to invest over €130 million in Romania

by Nicolae Ovidiu
Yitzhak Hagag, Co-Founder and Shareholder of Hagag Development Europe, spoke with Property Forum about the ongoing developments in Romania and the company's plan to invest around €130 million in the local property market in the upcoming years. Hagag also outlined the growing potential of the newly launched private offices division, which has already reached an occupancy rate above 60%.
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News One United Properties posts 68% gain in resi sales in Q1 2023
12
May
2023

One United Properties posts 68% gain in resi sales in Q1 2023

by Property Forum
Romanian developer One United Properties recorded a turnover of €89.3 million in Q1 2023, up 27% compared to the same period of last year, while the net profit more than doubled to €30.8 million in the first quarter over higher residential sales and growing rental income. 
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Latest news


New leases

  • Another brand from the CCC Group portfolio has joined the tenants of Galeria Sudecka in Jelenia Góra. The new CCC store will occupy 725 sqm of space. Customers can also do their shopping at the new Rossmann drugstore (450 sqm).
  • The EPP-owned Galaxy shopping centre in Szczecin is strengthening its offer by developing its partnership with HalfPrice. The relaunched showroom now has a wider assortment and larger floor space - about 3,200 sqm.
  • Homepark Janki is expanding its offer with a new shop selling electric bikes by Engwe. The brand's first Polish showroom has taken up an area of 108 sqm.

New appointments

  • Karol Czupryński has joined the management board of Empik. He will take the position of Chief Commercial Officer. Czupryński has previously worked at Allegro, Procter & Gamble and Boston Consulting Group, among others.
  • Marcin Grabara officially takes over the reins at Rossmann SDP sp z.o.o. from 24 May. He will replace Marek Maruszak as president, who is retiring after 24 years with the company.
  • CPI Property Group, is expanding the Warsaw structures of its Leasing Office department. Maciej Skubiszewski has been named the new Senior Leasing Manager. he will be responsible for the implementation of the leasing strategy as well as the commercialization and re-commercialization of space in office buildings in CPIPG's portfolio - Central Tower, Concept Tower and Chałubińskiego 8 (CH8).


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