ARTICLES LABELLED WITH TAG residential

AmCorp will invest around €41 million in two residential projects located in Crevedia and Domnești, near Bucharest, while looking to expand its land bank.

Van der Vorm Group, a Dutch investment fund, has completed the acquisition of 119 turnkey flats located on Siennicka Street in the Praga Południe district of Warsaw. The price has not been disclosed.

The XPlace platform, owned by the Archdiocese of Prague, and Penta Real Estate have entered into a partnership in the area of ​​rental housing. Thanks to it, the rental portfolio of XPlace is expanding by two turnkey apartment buildings in the neighbourhood of the Vidoule Nature Park and the new city district of Waltrovka in Prague.

The construction of the Stockerka project from the Proxenta investment group has been officially started, YIMBA.sk reports. After projects in the centre of Bratislava, the developer decided to build a residential complex in the Devínska Nová Ves district.

Developer Corwin has finished the residential complex Kvartet in Ljubljana. The first foreign project of a Slovak developer in Slovenia has obtained a valid building use approval and is almost completely sold out.

Governments in Hungary and Poland have introduced new and renewed schemes to push the local housing market. The mortgage market has already shown some positive signs in both countries. However, the residential markets still face several problems which can not be solved quickly, says Guy Dymschiz, co-CEO of Duna House Group, active in Hungary and Poland.

LivUp, a company operating in the Polish Private Rented Sector, has closed 2023 with a portfolio of over 750 residential units in Warsaw and Kraków. In the past year, the company entered a new market - and opened its first project in Kraków, moved its headquarters, and finalized a rebranding process. LivUp is not slowing down at all. In 2024, the company plans to introduce an additional project with 160 flats on the Warsaw market. The goal for the next three years is to increase the portfolio to 2,000 residential units.

Angelika Kliś, Member of the Board of ATAL, one of the leading Polish residential developers, talked to Property Forum about the current boom in the residential sector, incoming challenges and the forecasts for 2024.

As early as 2022, when banks started raising mortgage prices, the fewest apartments in new buildings have been sold in Bratislava since the economic crisis. The 2023 market figures are not optimistic either, DennikN.sk reports.

The leading Hungarian developer hired a long-time expert to head its residential and office development businesses.