UBM Development Czechia has received the building use approval for the Astrid Garden residential project in Prague's Holešovice. The new owners are moving in in the autumn of 2024.

According to data from BuiltMind, demand for new housing in Bratislava is growing. Q2 2024 Bratislava residential market report has shown an appetite for new residential units in Slovak capital.

Nusco Imobiliara says it has sold 75% of the second phase of its urban regeneration development Nusco City based in northern Bucharest.

Residential broker North Bucharest Investments (NBI) says it has concluded over 520 real estate transactions in H1 2024, up by 30% compared to the same period of last year.  

Developer Immocap has confirmed the acquisition of the plot right in front of the railway station Bratislava - Nové Mesto, Yimba.sk reports. The previous owner, Merius, has planned to build the Semiramis residential project on this exposed land between the station and the Kuchajda Lake.

The permitting process has started for the first urban rental housing projects that PDS (Prague Development Company) is preparing for the capital city. Before the end of June 2024, PDS has submitted complete documentation and applications for building permits or zoning decisions for approximately 450 housing units.

Edvin Properties is a newcomer to the Slovak real estate market. Its project of Mýtna 37 apartment building in Bratislava's Old Town has received a binding opinion from the capital, rather fast - within six months. 

In New Belgrade, on a plot of land about 4 kilometres from the city centre, Czech developer UDI Group has completed the first of 11-floor apartment buildings with 269 apartments. It is undergoing building use approval now with the new owners moving in in August and September. 

Cordia Polska Finance, a member of the Cordia Group, has completed its second bond issue on the Catalyst platform of the Warsaw Stock Exchange (WSE).  The company placed bonds totalling PLN 120.4 million, with a maturity of 3.5 years and a variable interest rate.

UBM Development Czechia has prepared an open-door event to educate the general and professional public. Guided tours of the Arcus City and Timber Praha residential projects are organised to support sustainable timber structure development strategies in the Czech Republic.