ARTICLES LABELLED WITH TAG residential

On the right bank of the Danube, new neighbourhood developments have been underway for several years. JTRE is preparing the Nové Lido and Penta Real Estate the Southbank project. For their plans to become a reality,  the city councillors need to give the green light to change the city's master plan and swap city land. As dennikN.sk reports, both proposals have eventually received support.

Geosan Development has announced the construction completion of the Rezidence Radimova Břevnov project in Prague 6. The project has received the valid building use approval.

The construction of the first apartment building in the Rakyta project in Bratislava's Devínská Nová Ves by Lucron is progressing and the rough construction is nearing completion. 

In 2024, 13,295 new dwellings were built, 29% fewer than in the previous year. The number of dwellings built on the basis of building permits and simple declarations issued was 20,494, 4.7% fewer than in 2023.

Immocap presented an updated design of the new Istropolis in Bratislava. The project already has a valid zoning decision and construction is expected to begin in the summer of 2025. 

Scandia Română Development, the real estate division of the Scandia group, has announced the commencement of works on a new residential project in Sibiu.

After the building use approval for the first stage at the end of last year, the new Bratislava district Vydrica is gradually filling with new residents. 17 retail premises out of 19 are also already leased.

Bucharest remains the leader on gross rental yields, while the overall prices in the residential market rose by 14% in 2024, according to a market study by The Concept.

Bajkalská Street in Bratislava is a step closer to transformation into a modern city district. The mixed-use complex Aston 2.022 from the developer Estate 01 has already managed to obtain the first important approval - environmental impact assessment. The developer is moving to the next permitting stage, Yimba.sk reports.

AFI Europe has reached full occupancy for its portfolio of rental apartments in Prague. The company is currently building more than 500 more apartments in the Czech metropolis.