ARTICLES LABELLED WITH TAG residential-market
01
Aug
2023
Aug
2023
Bulgaria’s residential market dives into recession
Bulgaria is witnessing a continuous decline in residential real estate transactions for the fourth consecutive quarter. According to data from the Registry Agency, property purchases across the country have decreased by 15% during Q2 2023, reaching 54,371 transactions in total.
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11
Jul
2023
Jul
2023
Eurostat reports slowdown in Bulgaria’s residential market
The Bulgarian residential market was growing at a slower pace in the first quarter of 2023, compared to the same period last year. On an annual basis, the increase was 9.5%, and 1.6% on a monthly basis. The data is part of the annual House Market Index by Eurostat on residential property prices and rents in the European Union.
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10
May
2023
May
2023
Bulgaria reports growing number of newly built houses
According to preliminary data from the National Statistical Institute, the number of newly built residential buildings in the first quarter of 2023 was 1 289, and the number of newly built dwellings was 4,427.
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Latest news
- Moody's upgrades CTP credit rating with stable outlook
- Last call for Prague Property Forum 2026: Check who'll be there
- Bucharest office market sees more lease deals in Q1 2026
- SPP Group posts €27.9 million Q1 profit on Polish acquisitions
- Realis WAM to develop 177-room Canopy by Hilton in Budapest
- Echo Investment sells final Brain Park building in Kraków to Polish player
- Slovakia's logistics market sees strong growth in Q1 2026
- Stokado opens second self-storage facility in Kraków
- Matexi delivers resi complex with over 140 apartments in Warsaw
- NEPI Rockcastle posts slight net rental income growth in Q1 2026
New leases
- MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
- Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
- Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
New appointments
- iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
- Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
- Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
