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
- iwis reaches 11,000 sqm in CTPark Oradea City
- EQT secures €214 million loan from pbb for logistics portfolio
- CPI Europe sells historic Prague building
- Yareal starts final phase of Soho mixed-use scheme in Warsaw
- Sekyra Group starts new resi phase of mixed-use scheme in Prague
- Ljubljana outpaces SEE peers in office absorption growth for Q1 2026
- Poland spearheads urban regeneration projects in region, says ULI report
- One United Properties plans mixed-use scheme in Iași
- BPI Real Estate Poland and Speedwell start large-scale resi project in Gdańsk
- Intrade Group to kick off new resi development in Bratislava this year
New leases
- Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
- American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.
- Primark will launch its first retail location in Craiova in early June. The 3,185 sqm store will be situated within ElectroPutere Mall and marks the retailer’s fifth unit in Romania.
New appointments
- 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.
- Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
- Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
