Yitzhak Hagag, Co-Founder and Chairman of Hagag Development Europe, talked to Property Forum about the company's investment pipeline north of €360 million and its ongoing developments in luxury retail, offices, residential and mixed-use projects.

Penta Real Estate Slovakia has started the sale and construction works of the new Bory Nádvorie residential phase in the Bratislava Bory district. 

Develia has finalised the acquisition of 100% of shares in Bouygues Immobilier Polska, the Polish branch of French developer Bouygues Immobilier, for €65.9 million (approx. PLN 279.4 million). The deal expands Develia’s residential project portfolio, particularly in Warsaw, Poznań, and Wrocław, and supports the company’s strategic growth plan focused on Poland’s largest housing markets.

German residential investors are increasingly turning to foreign markets, with Poland emerging as a particularly attractive destination. High construction costs, long approval processes, and regulatory uncertainty in Germany are pushing investors to look abroad. In countries like Poland and the USA, planning and permitting procedures can take just a few months, compared to years in Germany. Trei Real Estate, for example, has shifted its focus to Polish cities such as Poznań and to fast-growing areas in the southeastern United States to take advantage of clearer and faster approval systems. Rueckerconsult GmbH summarised the trend in a recent press release.

Czechs are increasingly combining travel with investment. They have been buying apartments or houses not only for their recreation, but also as a long-term investment of capital. Interest in foreign real estate has been growing for a long time, reports the real estate agency Philip & Frank.

Prima Development Group has started the construction on Prima Solis, a premium residential project in eastern Bucharest, following an investment of €140 million.

The Romanian residential market experienced a notable downturn in H1 2025, with national home sales decreasing by 3.4% compared to the same period last year. Approximately 74,500 residential units were sold across the country. The Bucharest and Ilfov region, a key market, saw an even steeper decline of 7.9%, with around 25,700 units sold.

Geosan Development has begun implementing the boutique project Benkova Rezidence in Prague's Chodov, two villa buildings offering 40 apartments.

The Nové nádvorie Dúbravka project, located adjacent to the tram axis, is being developed by JTRE and is currently awaiting an EIA assessment. 

Romania is among the few member states where residential prices have grown at rates below the EU average of around 58%, between Q1 2010 and Q1 2025, according to Eurostat.