ARTICLES LABELLED WITH TAG residential

For the entire year 2024, banks and building co-operative banks in the Czech Republic have provided new mortgage loans worth CZK 228 billion (€9 billion), which represents a year-on-year increase of 83%, reports ČBA (Czech Bank Association) in its latest Hypomonitor from December 2024, which captures data from all domestic banks and building co-operative banks providing mortgage loans.

Carlos de León, Country Manager at Acciona Nieruchomości, talked to Property Forum about the key trends driving Poland’s residential market and provided insights into the company’s plans.

The transformation of the Tesla Pardubice brownfield into a modern urban district for 750 residents has reached its final stage. The implementation, which is taking place on a 2.5-hectare plot of land under the direction of the development company Linkcity and the general contractor VCES, has already started in 2021.

Czech real estate developer Urban Developers and Investors Ltd. Group (UDI Group) is making its first investment in Hungary, in a Budapest-based residential project. 

Located in Warsaw's Praga-Północ district, the Białostocka 5D development by Eiffage Immobilier Polska has just been purchased by Heimstaden, one of the largest operators on the European institutional rental market. The price has not been disclosed.

Romania remains one of the countries with the lowest mortgage penetration rates in the European Union, according to a Colliers’ analysis.  

YIT has decided to continue in cooperation with the RSJ investment group. After the completed Vesi Hostivař project in Prague 15 and the planned residential construction in Brno, the two companies are joining forces for the realization of the Toivo Roztyly project in Prague 11.

The residential project Topolčianska by the developer VI Group, close to Lake Veľký Draždiak in the Petržalka district of Bratislava, has received a legal building use approval. 

Duna House published its estimates for December 2024, which show that 10,231 residential properties changed hands in Hungary and HUF 105 billion in contracted housing mortgage loans were realised. The 125,000 housing transactions estimated for the whole of last year represent an annual increase of 18%, while the more than HUF 1,300 billion in loans outstanding represent an annual increase of 123%.

Žižkov Station Development, founded by the development company Sekyra Group and České dráhy (the Czech railways), has submitted the planned construction of 3,000 apartments in the area of Prague's Žižkov Freight Station for an environmental impact assessment (EIA), reports newstream.cz.