Yitzhak Hagag, Co-Founder and Shareholder, Hagag Development Europe, spoke with Property Forum about the increasing demand for the company’s boutique office buildings in central Bucharest and the strong sales book for its residential developments in the city. The company has a development budget totalling €195 million.

The Institute of Planning and Development City of Prague (IPR) has completed a new study dedicated to the state and development of the number of municipal apartments in Prague. 29,841 apartments are currently owned by the capital city and its districts.

Prime Kapital aims to deliver by the end of 2025 the second phase of its Avalon Estate residential project based near Bucharest.

Romanians’ intention to buy a home in the next 12 months is approaching the levels seen between 2006 and 2008, according to a recent Colliers analysis based on Eurostat data.

Belgradee’s residential market recorded transactions worth €479.6 million during Q1 2024, down by around 11% compared to the same period of 2023, but the overall amount spent is still high, according to a report by real estate agency Cordon.

Avico Group has reached structural completion for its Univery residential project located in Budapest’s District VIII and aims to deliver the building in Q1 2025.

International investment and development group AFI Europe and Czech developer Finep have announced two signed transactions adding more than 800 apartments in two different locations to the Prague rental housing market over the next three years.

The fourth tower of the mixed-use Sky Park project in downtown Bratislava has been officially approved for use, according to the schedule outlined by the investor Alro Real Estate 2 years ago.

Developer Sekyra Group is launching the second stage of its extensive project of the new Smíchov City district in Prague, reports E15.cz. Three administrative buildings are planned to be built here, including the new headquarters of Česká spořitelna and a hotel.

Developer YIT Slovakia has been planning the construction of the Smartti residential project on Údernícká Street in the Petržalka part of Bratislava for some time. After several years of no news, the project is moving ahead, Yimba.sk reports. Local authorities of Petržalka city part have issued a decision on the location of the building, shifting the development towards its implementation.