ARTICLES LABELLED WITH TAG residential

News - Mortgages loans in Romania up 29% in Q1 2024
09
May
2024

Mortgages loans in Romania up 29% in Q1 2024

by Property Forum
The volume of new mortgage loans amounted to €1.1 billion in Q1 2024, up by around 29% compared to the same period of last year, according to a report by SVN Romania | Credit & Financial Solutions.
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News - YIT and RSJ establish JV and plan Baltic expansion
07
May
2024

YIT and RSJ establish JV and plan Baltic expansion

by Property Forum
YIT has signed agreements to establish three joint ventures with the Czech investment group RSJ Investments in Lithuania, Latvia, and Slovakia. YIT is selling plots or projects under construction to joint ventures under the same agreement.
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News - Resi project in Bratislava receives green light
07
May
2024

Resi project in Bratislava receives green light

by Property Forum
Since the end of April, the residential project Pri studničke of the developer Studnička Development has had a valid building permit issued. The residence is planned near Bratislava's greatest forest park Železná studnička, in the location adjacent to the future research center Eset Kampus.
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News - Developer duo receives loan for resi project in Bratislava
06
May
2024

Developer duo receives loan for resi project in Bratislava

by Property Forum
The Millhaus residential project, with which developer Immocap and the investment group WOOD & Company have entered the residential market in Bratislava recently, has reached another important milestone.
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News - Young Poles are ready for frequent moving
06
May
2024

Young Poles are ready for frequent moving

by Property Forum
Professional mobility, internal migration, issues related to adaptation in a new country, search for flexible housing solutions while waiting for better availability of mortgage loans - these are the current challenges for the rental market in Poland. Is the PRS sector responding to these new social phenomena, and how? Resi4Rent presented the results of its latest survey.
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News - JTRE launches Downtown Yards project in Bratislava
02
May
2024

JTRE launches Downtown Yards project in Bratislava

by Property Forum
JTRE has opened its residential project Downtown Yards in Bratislava for pre-sale and 20% of the stock is gone. This may indicate the asset class's return to a healthier status after a two-year slowdown.
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News - Sellers' and buyers' price expectations move closer in Poland
26
Apr
2024

Sellers' and buyers' price expectations move closer in Poland

by Property Forum
In 2024, the total investment volume in Poland amounted to €364 million, marking the weakest result for the first quarter in recent years. Interestingly, 25% of the invested capital comes from Polish investors. The warehouse sector remains the leader, accounting for 38% of the total investment volume. Unchanged, the vast majority of office transactions took place in Warsaw, while commercial investments were dominated by retail parks. Additionally, the market also saw two transactions in the residential sector in Warsaw, and two hotels were sold in seaside tourist cities, says Paulina Brzeszkiewicz-Kuczyńska, Research and Data Manager at Avison Young.
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News - Slovak developer enters German market
25
Apr
2024

Slovak developer enters German market

by Property Forum
JTRE is strengthening its position as an international developer. It has established a German branch and has announced its first project in the central Berlin location.
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News - Hercesa’s resi pipeline in Bucharest counts 1,000 units
25
Apr
2024

Hercesa’s resi pipeline in Bucharest counts 1,000 units

by Property Forum
Hercesa Romania has 1,000 apartments under construction and in preparation in two residential projects based in Bucharest.
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News - STC Partners stars second phase of Bucharest resi project
25
Apr
2024

STC Partners stars second phase of Bucharest resi project

by Property Forum
STC Partners has kicked off the development of the second phase of residential complex Quartier Azuga in Bucharest, with a planned investment of more than €15 million.
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Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.

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