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.
PPF Real Estate Holding has diversified its footprint in the US property market with an investment in Gasworx, a mixed-use development in Tampa, Florida. The multi-phase project is designed to connect Tampa’s historical Ybor City with downtown districts and transform a currently underused area.
Nowy Styl, a European leader in office furniture solutions, has signed a lease extension at the Oxygen Park office complex. The tenant occupies approximately 550 sqm within the project.
iLogic, an official distributor of Delphi Tools, has leased 3,400 sqm of modern space at MLP Wrocław. This transaction completes the commercialisation of the 66,000 sqm warehouse complex. BNP Paribas Real Estate Poland supported the tenant during the negotiation and lease agreement process.
The Chief Inspectorate for Environmental Protection has leased 4,600 sqm of office space in the refurbished HOP building, part of the Syrena Real Estate portfolio, in Warsaw. The company has been operating from its new address since January 2026.
New appointments
NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
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