ARTICLES LABELLED WITH TAG residential

15
Jun
2021

Budimex Nieruchomości becomes Spravia

by Property Forum
Budimex SA has signed the final sales agreement of Budimex Nieruchomości. Therefore, the private equity investment firm Cornerstone Partners and Czech development group Crestyl took over the entire shareholding of the company.  This is the biggest acquisition in Poland and Central and Eastern Europe since the outbreak of COVID-19 pandemic. The next stage is changing the name of the company - Budimex Nieruchomości is now Spravia.
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14
Jun
2021

Geometrik Build invests €20 million in Constanța

by Property Forum
Real estate developer Geometrik Build will invest €20 million in its first large-scale residential project located in southern Constanța. 
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09
Jun
2021

Cordia aims to realize half of its total sales in Poland

by Property Forum
Hungarian-based company Cordia is planning to sell 745 apartments in the country in 2021, which could be nearly half of the Group’s combined sales target in all of its markets.
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09
Jun
2021

Resi4Rent opens another building in Gdańsk

by Property Forum
Resi4Rent opens its seventh building, this time in the north of the country. The first clients have already moved into 301 new premises at Kołobrzeska Street in Gdańsk. This is another step towards the company's goal of building a portfolio of 10 thousand apartments by 2025.
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08
Jun
2021

Wing launches eco-friendly residential project in Budapest

by Property Forum
Living, Wing’s residential property development umbrella brand, has announced the launch of its newest residential park development. Located on the shore of the Rákos Stream in District 13 of Budapest, Le Jardin will be Living’s greenest residential project to date.
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08
Jun
2021

JLL: M&A on the Polish housing market are imminent

by Property Forum
The intensive development of the Polish housing market, and the great interest of global investment capital in Poland, are boosting consolidation and acquisitions. News of the sales of several large, well-known development companies has recently been of much discussion in the Polish housing market, and according to JLL experts, this trend looks set to continue.
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08
Jun
2021

One United secures €50 million for Romanian projects

by Property Forum
Real estate developer One United Properties got €50 million in fresh funding for residential projects through a private placement of a senior secured debt note carried out by CC@ONE Properties Invest AG. 
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01
Jun
2021

Hungary’s housing market performs well in May

by Property Forum
A total of 14,193 residential properties were sold in Hungary in May, real estate group Duna House said in its monthly Transaction Estimate. This marks the strongest May in the market for the past couple of years as the figure was 5% higher than in May 2019.
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01
Jun
2021

Murapol gets a new loan of PLN 350 million for new projects

by Property Forum
Murapol has restructured its existing debt and obtained a new loan from mBank and Bank Pekao in the amount of PLN 350 million. The developer is implementing a plan to rationalize the financing structure and to support the sustainable development of nationwide operations.
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31
May
2021

Walter Herz: Modern mixed-use complexes are the future

by Property Forum
Modern mixed-use complexes, open to social interactions and meeting local needs, which today are winning over traditional office buildings, set the direction for the development of investments in the commercial sector 
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Latest news


New leases

  • Westinghouse Electric Company will occupy a space of over 1900 sqm in the Zabłocie Business Park B office building in Kraków. JLL represented the tenant during the contract negotiation process.
  • Grupa Azoty, a producer of fertilizer and chemical components has extended its lease in the Warsaw Trade Tower. The company occupies 1,160 sqm in the skyscraper, which is owned by Globalworth.
  • 108 Agency Slovakia has mediated the lease of 720 sqm for its client Mercurtrade in Beta – Car Park Pezinok.

New appointments

  • Spaceflow, a tenant experience company, appoints Ken Norton as its Vice President of Sales. Among Norton’s goals is to accelerate the growth of its client base, while scaling Spaceflow's sales team in their international markets and optimizing the sales processes. Norton joined Spaceflow after three years as Head of Sales at LandInsight, now Landtech. Prior to joining LandInsight, he was in Business Development at Estates Gazette.
  • Benoit Lheureux will replace Gerard Gallet as a CEO of Auchan Polska. Gerard Gallet will remain a Member of the Board.
  • Tomasz Łapiński, former CFO of Cordia Poland, has returned to the company as Development Director and Vice President. He will be responsible for strengthening Cordia's position in Poland, its development and further integration with Polnord.


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