ARTICLES LABELLED WITH TAG residential

News Wing hands over part of its resi project in Budapest
02
Oct
2023

Wing hands over part of its resi project in Budapest

by Property Forum
The second phase of the Park West project has been delivered in Budapest. The Hungarian developer plans two more phases in this project.
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News Property remains the world’s biggest store of wealth
29
Sep
2023

Property remains the world’s biggest store of wealth

by Property Forum
With a total value of $379.7 trillion at the end of 2022, real estate is worth more than the global equity and bond markets combined and is almost four times the size of global GDP, shows a Savills report.
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News Archicom issues 10 million new shares and raises PLN 220 million
27
Sep
2023

Archicom issues 10 million new shares and raises PLN 220 million

by Property Forum
The process of accelerated book-building for Archicom shares has been completed, as a result of which Archicom, Echo Investment and DKR Investment, i.e. companies belonging to the Echo Investment Group, set the sales price of existing Archicom shares and the issue price of 10 million new series D and E shares at PLN 22 per piece. Archicom will use the funds obtained in this way primarily to intensify ​​land acquisitions for further investments.
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News Hercesa gets bank loan for resi project in Bucharest
27
Sep
2023

Hercesa gets bank loan for resi project in Bucharest

by Property Forum
Spanish developer Hercesa has obtained a loan worth 33 million lei (€6.6 million) from Libra Internet Bank for the construction of a new residential project in western Bucharest. 
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News How should real estate markets react to changing age structures?
26
Sep
2023

How should real estate markets react to changing age structures?

by Property Forum
Savills has prepared an overview of how the real estate market should react to the changing age structure of the global population. This study carried out as part of Savills Impacts programme, is about the prediction of residential supply and related services and hybrid working models. The fact that many Western countries are some of the fastest ‘ageing’ in the world isn’t news. In 10 years' time, the largest proportion of the Czech Republic’s population will be between 50 and 59 years old. Other countries in CEE are in a similar position. In Germany, Austria, Italy or France, the dominant age group will be 60 to 69. Meanwhile, at the other end of the scale, many African nations are seeing increases in their youthful populations. 
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News UBM finishes rough construction of wooden houses in Prague
26
Sep
2023

UBM finishes rough construction of wooden houses in Prague

by Property Forum
UBM Development Czechia has completed the rough construction of the Timber Prague project of wooden apartment buildings, which are being built as part of the Arcus City residential complex in Prague-Reporyje. These modern chamber buildings made of solid CLT panels express the first multi-storey apartment buildings made of wood in the modern history of the capital city. They comprise a total of 62 units with layouts from 1 + kk to 4 + kk, ranging in size from 39 sqm to 110 sqm and each of them has its own cellar, parking space in the underground garages and a balcony, terrace or front garden. To date, a quarter of the apartments have been sold. The project is being built to BREEAM Excellent standard.
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News Wing's resi project gets BREEAM „Very Good” certification
26
Sep
2023

Wing's resi project gets BREEAM „Very Good” certification

by Property Forum
The first phase of the Le Jardin residential park has secured a BREEAM 'Very Good' certification. This is the first such project to get this type of certification in Hungary.
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News Redport Capital to start new resi phase in Bucharest
26
Sep
2023

Redport Capital to start new resi phase in Bucharest

by Property Forum
Romanian developer Redport Capital will start this fall the construction of the third phase of The Level Apartments complex in northern Bucharest. The company says it has already pre-sold 40% of the apartments in the new phase that will be completed following an €12 million investment. 
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News Brownfield schemes will become more common in Poland
26
Sep
2023

Brownfield schemes will become more common in Poland

by Michał Poręcki
Marcin Malka, President of the Management Board of Real Management talked to Property Forum about competing with bigger players, the situation on the investment market in Poland and the lack of plots for new projects.
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News Echo Investment to focus more on PRS in Poland
21
Sep
2023

Echo Investment to focus more on PRS in Poland

by Property Forum
Consolidation of the residential business, maintaining a high rental level in all completed Resi4Rent projects, starting new "destination" projects – this is a summary of the operational activities of Echo Investment Group in the first half of 2023. The Group's development plans are supported by a high cash balance of over PLN 662 million. 
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Latest news


New leases

  • The company PKB Inwest Budowa has announced that the retail chain Lidl Polska will be a tenant of the newly developed Retail Park in Garwolin. The investment will include the construction of 3 buildings with a total area of 11,045 sqm. GLA. One of of them with an area of over 2,100 sqm will be occupied by a Lidl Polska shop.
  • Peek & Cloppenburg has chosen the Szczecin Galaxy shopping centre to make its debut in West Pomerania in Poland. The brand's only shop in this part of the country will be almost two thousand square metres in size.
  • The Enel-med clinic chain is opening two new outlets in Wrocław: 510 sqm in Sagittarius Business House and 1,374 sqm in the Infinity office building.

New appointments

  • Angelika Majkowska has taken up the position of HR director at Apsys Poland. Angelika, who has been with the company since 2013, will be responsible for complex HR policies in an organisation with a structure involving more than 19 teams in various locations.
  • Filip Krstičević is joining iO Partners in Zagreb as Regional Manager, focusing on leasing and land deals across the region. With a strong track record of acquiring land sites and developing residential and commercial properties in both Croatia and Australia, Filip is well placed to support international investors entering the Croatian market.
  • The Management Board of Globe Trade Centre S.A. has announced that on 18th of March, 2024 the company accepted Barbara Sikora's decision to resign from the company's authorities.

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