ARTICLES LABELLED WITH TAG residential

Since the beginning of the full-scale invasion, Kyiv’s primary residential market has stalled for some time with the number of transactions in 2022 significantly decreasing. In 2023, however, most developers are observing positive trends and slow but steady growth. Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum.

A new residential district with almost 240 flats will be built in Ostrava's most populous district Jih. The project in Středoškolská will also include parking spaces, a park, and sports facilities. The investor will be Linkcity Czech Republic, which will pay a minimum of CZK 29 million excluding VAT (€1.2 million) for the land. Gabriela Pokorná, a spokeswoman for the municipality, told reporters, according to the ČTK news agency.

Belgrade’s residential market is not cooling down with demand remaining strong and price growth continuing, according to real estate agency Cordon’s report for Q2 2023.

Tomáš Vrbický, Founder of Czech development company Noho, talked to Property Forum about the recent energy crisis's positive impact on the sustainable housing approach. According to him, the crises also helped people to think about “green” housing more deeply and be more willing to pay extra for such living with unique solutions for energy savings as it can enormously reduce energy costs in the future.

Developer J&T Real Estate is currently completing the Eurovea II project in Bratislava and the new multifunctional Ganz House project could soon be underway too, real estate website yimba.sk reports.

In the first half of 2023, over 93% of powiats around large cities in Poland showed an increase in interest in apartments for sale following the easing of conditions for granting mortgage loans, according to Otodom data.

The neglected premises south of the National Bank of Slovakia building should soon change. A new development has been in the pipeline since 2018. Originally, the developer was Penta Real Estate. At the beginning of 2022, however, the plans in the locality were transferred to the portfolio of the new company Alto Real Estate, which was created by splitting off from Penta, yimba.sk reports.

1.2 billion sqm of space is required globally in the next decade to satisfy the growing demand for the top three ‘alternative’ property sectors, providing a major opportunity for investors, says Savills.

Archicom has absorbed the residential development projects, the team of employees and the land bank of Echo Investment. The General Meetings of Shareholders of both companies have given their approval for the consolidation of their residential business. Following the completion of the transaction, Archicom is positioned as one of the largest residential developers in Poland, while Echo Investment is focused on commercial real estate, apartments for rent and mixed-use "destinations" projects. The company's share in Archicom's capital will total 89.30%.

Adi Steiner, Managing Partner of STC Partners spoke to Property Forum about the developer’s new residential project in Bucharest and new investment opportunities being explored nationwide, as well as the increasingly sophisticated requirements of home buyers, with a focus on sustainability.