Home Portal is strengthening its leadership team. The experienced residential real estate sales professional Jaroslav Žižka is taking over as Managing Director.

After several years of record demand, Romania's residential market entered 2025 in a cooling phase, marked by cautious buyer sentiment. Consumer confidence recorded the steepest half-yearly decline since the 2009-2010 crisis, excluding the temporary pandemic shock when optimism quickly rebounded, according to Colliers consultants. They note the deterioration runs deeper and is expected to last longer, fueled by labor market slowdown, political instability and fiscal changes eroding purchasing power.

Bellemonde has announced the launch of Bellemonde Privée, a new residential project in Pipera adding 52 villas to the growing community. The total investment amounts to €25 million, with approximately 65% secured through a financing partnership with Vista Bank.

Immocap, in cooperation with Slovenská sporiteľňa, have been selling bonds with a total issue value of €25 million since last week. Today, the developer and the bank have announced that the bonds have been completely sold out.

The real estate and energy group JRD is establishing a qualified investor fund, the JRD Eco Fund, and has also confirmed the creation of the JRD Eco Living sub-fund. Fund parameters are aimed at both larger and smaller conservative investors, reports E15.cz.

The members of the Bratislava City Council have approved amendments to the city master plan, paving the way for the transformation of the Palma brownfield into a new quarter developed by Corwin.

Xior Student Housing has completed the acquisition and opening of the Wenedów student residence in Warsaw, Poland. The company acquired the remaining shares in the development from joint venture partner Solida Capital, gaining full ownership after initially holding a 25% + 1 share interest.

Romania stands out in the European fiscal landscape with property taxation levels significantly lower than the EU average, according to an analysis by Cushman & Wakefield Echinox based on Eurostat data. This position has enhanced the attractiveness of the local real estate market and established a favorable tax framework for owners and investors.

The volume of construction works grew by 12.2% in unadjusted terms and by 10.7% as a seasonally and working-day adjusted series in the first seven months of 2025 versus the same period of last year, according to the National Institute of Statistics (INS). 

Echo Investment strengthened its market position in the first half of 2025, participating in Poland's largest PRS transaction - the sale of 18 Resi4Rent projects worth €2.4 billion - and selling its remaining Office House shares for over €160.5 million.