ARTICLES LABELLED WITH TAG residential

News PPF Real Estate enters the US residential market
23
May
2022

PPF Real Estate enters the US residential market

by Property Forum
PPF Real Estate has teamed up with US developer Aventon Companies to enter the US residential market. Together they will build a residential complex with more than 300 residential units in Orlando, Florida by 2023. PPF intends to replicate this model of cooperation in other projects in the US, the company announced.
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News LivUp launches second long-term rental project in Warsaw
23
May
2022

LivUp launches second long-term rental project in Warsaw

by Property Forum
LivUp's new investment has reached full occupancy after only one month after launching. Currently tenants of "Puławska 186" are mainly corporate clients, who have settled in high standard apartments. 
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News PSN prepares large rental projects in Prague
23
May
2022

PSN prepares large rental projects in Prague

by Property Forum
Due to the high prices of flats and houses, less availability of mortgages, extreme inflation, as well as the rising price of building materials and labour, people in the Czech Republic are now looking more for rental housing. The influx of refugees from Ukraine has also significantly increased the interest in renting. Under the influence of the enormous demand, rental prices are thus starting to reach the pre-Covida level, and in some places have already exceeded it. According to PSN, the availability of apartments is decreasing and the company is now preparing entire projects for rental housing.
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News House prices reach record high in Hungary 
18
May
2022

House prices reach record high in Hungary 

by Property Forum
House prices in Hungary have reached a new record in 2021. In Q4 2021, the biggest jump occurred in secondary cities compared to the last quarter of 2020 (25% year-on-year) followed by Budapest (11% year-on-year), the National Bank of Hungary (MNB) reports.
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News IMPACT Developer & Contractor records Q1 profit growth of 49%
17
May
2022

IMPACT Developer & Contractor records Q1 profit growth of 49%

by Property Forum
Romanian IMPACT Developer & Contractor has recorded a gross profit of 16.7 million lei (€3.3 million) in the first quarter of 2022, up 49% compared to the same period of last year over higher residential sales. 
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News Prime Kapital gets permit for resi project in Ploiești
16
May
2022

Prime Kapital gets permit for resi project in Ploiești

by Property Forum
Property developer Prime Kapital has received the building permit for Pleiades Residence in Ploiești and will start construction by the end of spring.  
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News One United Properties Q1 2022 turnover up 81%
16
May
2022

One United Properties Q1 2022 turnover up 81%

by Property Forum
Romanian developer One United Properties said its first quarter turnover gained 81% to €70.5 million compared to Q1 2021, while its gross profit rose almost fourfold to €42 million over higher residential sales and rental income. 
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News Prague 3 spokes out against UDI project
16
May
2022

Prague 3 spokes out against UDI project

by Property Forum
Prague 3 has spoken out against a development project planned by the developer UDI Group in Žižkov. The town hall is bothered by the size of the project. The developer accuses the authority of arbitrariness and threatens to sue. Martin Roman, an ex-CEZ Group boss, has a stake in the project, writes seznamzpravy.cz.
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News DRFG to build multifunctional complex in Olomouc
13
May
2022

DRFG to build multifunctional complex in Olomouc

by Property Forum
Investment group DRFG has acquired land near the main railway station in Olomouc (the eastern province of Moravia in the Czech Republic) in March this year and plans to build flats and commercial premises there. It plans to build a multifunctional residential complex with retail space and offices on this brownfield site with a total market value of CZK 2.6 billion and an area of 43,000 sqm by 2025. The architectural design of the complex is currently being finalised. DRFG Group informed about its new acquisition and construction plans in a press release today.
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News Demand for high-quality office space is still there
13
May
2022

Demand for high-quality office space is still there

by Michał Poręcki
Many office developers expect to see a supply gap in Warsaw over the next few years and some are ready to take advantage of this opportunity. Jeroen van der Toolen, Managing Director – CEE at Ghelamco talked to Property Forum about the changes in the Polish office market, the incoming supply gap and the company`s interest in the PRS sector.
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Latest news


New leases

  • The first building of 8,000 sqm of the fully sustainable logistic Garbe Green Park Piestany is already fully leased and the development process of the second building is starting soon.
  • Crown Square, an office building located near Rondo Daszyńskiego metro station in Warsaw, will welcome three new tenants: Foodcom (1,000 sqm), Orifarm (400 sqm) and Avenga (300 sqm). The landlord was advised on the transactions by real estate advisory firm Savills.
  • BIMs Plus Poznań, distributor of heating, ventilation and air-conditioning technology products as well as plumbing system and technology products has leased more than 4,700 sqm of space at the MLP Poznań West logistics park.

New appointments

  • Dorota Mielke has joined Office Agency team of BNP Paribas Real Estate Poland and taken the position of Associate Director. Her main task in the new role will be taking care of business development and advising on office strategies and space rental.
  • Dariusz Domański has been promoted to be a Managing Partner at White Star Real Estate in Poland. He will be responsible for Residential Development business of White Star Real Estate and White Star Residential Management operating businesses. Darek will also continue to manage White Star’s flagship project- Elektrownia Powiśle.
  • Mariusz Cieśliński has joined the Polish team of MNK Partners to take up the position of Investment Manager. In his new role, he will be responsible for supporting the investment processes of funds across Europe.


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