ARTICLES LABELLED WITH TAG residential

According to local real estate agency Cordon, the Belgrade residential market recorded a total transaction volume of €650 million in the fourth quarter of 2024. This represents a 32.6% increase compared to €490 million in the fourth quarter of 2023, when the market was still affected by a two-year stagnation period. While the volume is objectively high, Cordon notes that the year-on-year comparison should be viewed with caution, as the 2023 figure reflected an exceptionally weak period.  

Prime Kapital Resi has 500 homes under construction in Romania, after having delivered 1,650 homes across three Romanian cities between Q1 2022 and Q4 2024. 

The EBRD has announced a €50 million investment in property developer Releven as part of a joint venture deal in which the bank will hold a 40% stake.

YIT has started selling units in the second phase of the Toivo Roztyly residential project in Prague. The developer is collaborating with the RSJ investment group on the project.

Corwin has placed the second issue of its bonds on the market and has sold them out at Slovenská sporiteľňa in under two weeks.

The Romanian real estate market, particularly in the Bucharest-Ilfov region, is gearing up for a significant influx of new housing units. Developers anticipate delivering approximately 32,000 new apartments in Bucharest and another 20,500 in Ilfov County by the end of 2028, according to Imobiliare.ro.

The Prague district of Brumlovka, which Passerinvest Group has been building in Prague 4 for almost 30 years, has received the highest level of Fitwel certification this year.

The beginning of the year has brought double-digit growth in residential property prices in Slovakia, with older houses and apartments becoming more expensive. According to a report by the Statistical Office, house and apartment prices are picking up again, growing at the beginning of this year at the fastest rate since 2022. 

Around 75% of investors plan to increase their exposure to rental housing (PRS), purpose-built student accommodation (PBSA), and collective living solutions over the next five years, shows a survey by Cushman & Wakefield.

Hagag Development Europe has resumed construction works for Phase I of its H East Residence project and plans to deliver the first homes in Q4 2026, following an investment of €43 million.