ARTICLES LABELLED WITH TAG residential

Homing Properties will invest €35 million in the construction of 140 villas in Pipera, near Bucharest. 

Developer Immocap is launching the sale of residential units in a new project in Bratislava. It is a reconstruction of a former office building in the wider city centre.

The final stage of the Zwirn project developed by YIT in Bratislava has received a valid building permit. The construction work is starting already in October 2024. 

iO Partners, a JLL Preferred Partner, has teamed up with Bright Spaces proptech to provide its clients with a 3D space planning tool. 

Intrade Assets Management is applying for a permit for the project known as Za stanicou (Behind the station) in Bratislava, now under the new name Aquamarine, reports SME.sk. Presented 14 years ago the project is coming to life in the Nové Mesto district.

In the first half of 2024, Echo Investment Group successfully implemented its growth strategy, continuing construction projects, selling nearly 900 apartments, and debuting in the private student housing segment. The Group's total assets at the end of June exceeded PLN 6.5 billion (ca. €1.5 billion) with cash reserves surpassing PLN 523 million (ca. €121 million).

The Reico ČS Nemovitostní (RČSN) fund is expanding its investment portfolio. To its commercial real estate portfolio the fund is now adding the first residential rental housing project. 

The share of residential transactions in Prague within total investment volumes has been increasing since 2023, according to Savills' Rental Housing in Prague report. In the first half of 2024, it reached almost 18%, equivalent to €158 million.

"Airbnb is a housing issue, not a tourism issue, so that's not how we approach it," said Márton Nagy, Hungary's Economy Minister at a press conference on Tuesday. He stressed that they can agree with Alexandra Szentkirályi, president of Fidesz-KDNP in Budapest, who had said earlier that whatever the decision, she would propose to the government to introduce corresponding rules in Budapest and nationally.

Geosan Development is launching sales in the Re.Start Petynka apartment building in Prague 6 near Břevnov and Hradčany. The estimated start date for construction is the beginning of 2025.