ARTICLES LABELLED WITH TAG residential

Poland's private rental sector is expanding significantly with large players announcing new projects almost every month. Roee Shamir, Managing Director of Aurec Capital Poland shared with Property Forum his insights on the rapidly developing PRS market.

Real estate developer OKAM has purchased 62 ha of post-industrial land in Żerań in Warsaw for an undisclosed amount. This is one of the largest transactions of this type on the real estate market, not only in the capital, but also throughout Poland.

According to JLL data, the primary market in Poland's largest markets continued its record-breaking performance with 19,500 units sold in the second quarter of this year, resulting in the market’s best H1 result ever.  

Duna House has released its monthly Transaction Estimate and mortgage forecast, showing that there were 11,185 residential property transactions in Hungary in July, 15% fewer than a year earlier.

Mauricio Mesa Gomez, Country Manager of Cordia Romania and Spain and member of Cordia’s Board of Directors discussed the company’s development plans and the prospects of Romania’s residential market with Property Forum.

Polish residential developer Murapol has filed a prospectus with the Polish Financial Supervision Authority (KNF) in connection with the IPO being considered and the start of listing on the Warsaw Stock Exchange.

After securing the largest commercial loan in over a decade on the Slovenian real estate market, Bratislava-based developer Corwin has realised the first drawdown for the residential project Kvartet.

Béranger Dumont, CEO of BPI Real Estate Poland talked to Property Forum about large scale mixed-use projects, the rapid development of the PRS market and the main problems of residential developers in the country.

One of the most active residential developers of the Romanian market estimates at least a 20% increase in prices for new projects and 5-10% higher prices for the under-development units. Tinu Sebeșanu, CEO of IMPACT Developer & Contractor talked to Property Forum about financing conditions, market trends, ongoing projects and new developments on the horizon.

Rents continued to rise in June 2021, increasing by 1.6% nationally and by 1.8% in Budapest compared to the previous month, the latest KSH-ingatlan.com rent index shows. Supply prices were also slightly higher than in the same period last year, something not seen for more than a year. Of all the district groups in Budapest, prices stagnated only in the outer districts of Pest, while the largest price increase (2.8%) on the previous month was recorded in the transitional districts of Pest.