ARTICLES LABELLED WITH TAG residential

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.

Prima Development Group has acquired a two-hectare plot adjacent to its new residential project Prima Solis, launched this summer. The transaction worth nearly €4 million will allow the expansion of the complex with approximately 700 apartments.

Demand in Hungary's new-build housing market temporarily returned to normal following a boom at the end of last year and the beginning of this year. However, from August, purchases may pick up again due to the maturity of a government bond and the state-subsidised Home Start loan program. Instead of the 1,000 apartments initially announced at the beginning of the year, Cordia will launch sales of nearly 1,500 homes in 2025, amid high buyer interest.

Polish developer Develia achieved a net profit of €41.3 million in the first half of 2025, up 17% from €35.4 million in the same period last year. Revenue increased 15% to €178.4 million compared to €154.6 million in H1 2024.

Europe is experiencing a surge of interest from both real estate investors and international students, making it the ideal destination for operators and developers in the student housing sector. The latest data from Bonard has highlighted the drivers behind Europe's rise as the destination of choice for students and investors.

Opus Land Development has launched Cosmopolis Evolia, a residential project spanning 270,000 sqm adjacent to Romania's largest private neighborhood, near Bucharest, with an estimated investment north of €200 million.

Penta Real Estate and Bureš & partners have established a joint venture called Flet, with an aspiration to change the standard for rental housing in the Czech Republic.

ITB, the developer of the Čerešne quarter in Bratislava, has launched a pre-sale of apartments in its next phase. A new 19-floor building will be added to the growing city district. 

British investor Ghai Sant Ram has officially launched Horizon City, a new residential development representing a significant investment of €130 million that is based in Pipera, near Bucharest.