ARTICLES LABELLED WITH TAG residential

Despite an increasing vacancy rate in the office market reaching 14.2 per cent and sale stagnation in the residential segment in 2023, the Alto Group has now announced a net consolidated profit after tax of €8.5 million. 

The Pri Studničke project near the Bratislava Forest Park has reached the threshold of 50% of apartments sold. The project is already under construction.

Romanian developer Nobis Group, owned by local entrepreneur Marius Bușu, will invest in a luxury project comprising 28 villas in Pipera, near Bucharest, which will have a market value of around €28 million.

The Medze project between the city quarters Dúbravka and Karlova Ves in Bratislava by Penta Real Estate is bringing hundreds of apartments and other accommodation units to the area undeveloped so far. The project has now passed an important milestone, reports Yimba.sk. 

UBM Development Czechia has received the building use approval for the Astrid Garden residential project in Prague's Holešovice. The new owners are moving in in the autumn of 2024.

According to data from BuiltMind, demand for new housing in Bratislava is growing. Q2 2024 Bratislava residential market report has shown an appetite for new residential units in Slovak capital.

Nusco Imobiliara says it has sold 75% of the second phase of its urban regeneration development Nusco City based in northern Bucharest.

Residential broker North Bucharest Investments (NBI) says it has concluded over 520 real estate transactions in H1 2024, up by 30% compared to the same period of last year.  

Developer Immocap has confirmed the acquisition of the plot right in front of the railway station Bratislava - Nové Mesto, Yimba.sk reports. The previous owner, Merius, has planned to build the Semiramis residential project on this exposed land between the station and the Kuchajda Lake.

The permitting process has started for the first urban rental housing projects that PDS (Prague Development Company) is preparing for the capital city. Before the end of June 2024, PDS has submitted complete documentation and applications for building permits or zoning decisions for approximately 450 housing units.