Sales of homes funded by bank loans rose by 40% during H1 2024 compared to the same period of last year over the reduction of interest rates and the increase in transaction prices, according to transactions brokered by RE/MAX Romania.

Romanian developer Bellemonde Developement has obtained €21 million in funding from Libra Internet Bank for a residential project in Pipera, near Bucharest.

UBM Development Czechia has completed 3 apartment buildings in the Arcus City residential complex on the border of the Stodůlky and Řeporyje districts of Prague. Of the 66 apartments in the second stage, half of the units are currently available for purchase. 

The surface of an asphalt parking lot has heated up to an average temperature of almost 52°C during a hot summer day. The green area with vegetation in its immediate vicinity has been at the same time up to 22°C cooler. The Slovak developer Corwin has brought this data resulting from a thermal imaging inspection by Terradron. 

The Q2 2024 residential market report in Prague has shown growing appetite by buyers. Real estate is the largest asset class in the world, yet real estate decisions are often made intuitively rather than based on the data, declares Martin Decký, Harvard Alum and Co-Founder & CEO at BuiltMind. Property Forum has taken a closer look with him on the outlooks of the Prague resi market for the upcoming months.

Romanian developer HILS Development has announced a 28% increase in residential sales during H1 2024 compared to the same period of last year, while revenue was up 25% year-on-year. 

Grafobal Group Development has received the first permit for the Patio project on Hraničná Street in Bratislava, reports Yimba.sk. The former brownfield is going to change into a mixed-use development.

Czech development group UDI Group has launched the sale of its residential project in Costa Rica. The group is planning the construction to start at the beginning of next year, investing almost CZK 500 million (€20 million) in the project.

MiddleCap Real Estate is planning to build a mixed-use project New Center Ružinov on the plot of a former department store in Ružinov, Bratislava, reports Yimba.sk.

Fortim Trusted Advisors has announced the start of apartment sales in the Corallis residential project developed by KÉSZ Romania in northern Bucharest.