UBM Development Czechia is completing the Timber Praha residential project, the first sustainable timber apartment building in Prague. Unlike multi-storey foreign projects, this one has reached a height of four floors, i.e. 12 meters of fire height.

Built-to-Rent specialised investor We Rent Communities has completed a new residential building with 81 apartments for rent in Bucharest. The development has a gross value of more than €15 million.

The northern part of Bucharest is popular among investors due to the attractive yields that can be generated by residential projects.

The transformation of the so-called Pentagon in Palmovka district in Prague 8 has moved closer to reality. The Prague city deputies have approved a change to the city master plan this week, enabling the coordinated urban development of this area.

Developer Lucron is launching the sale of apartments in a new stage of its residential project on the outskirts of Bratislava - Nesto Prime. Low-rise buildings in the middle of existing greenery are comprising 60 apartments.

Romanian developer HILS Development has designed a space simulating the development of a residential project within Bucharest-based edutainment project Destiny Park.

The developer Star Group is launching the construction of ten residential villas in Prague 8 - Dolní Chabry according to the design of the architectural office Loxia. The developer has released 120 apartments as part of the pre-sale, 40% of which is now gone.

The construction of the Astrid Garden project by UBM Development Czechia is reaching its construction end and completion. The complex of seven newly built and one reconstructed building from the beginning of the 20th century in the Holešovice district in Prague is scheduled for approval in July 2024.

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.