ARTICLES LABELLED WITH TAG residential

News Proxenta completes resi project in Bratislava's centre
12
Jun
2023

Proxenta completes resi project in Bratislava's centre

by Property Forum
Proxenta's latest residential project, Kesselbauer, is being finalised these weeks. The luxury residence right in the centre of Bratislava has already completed all the construction works and only the landscaping in the courtyard remains. The project is now in the approval phase and the approval process is expected to be completed in a few weeks, real estate portal YIM.BA reports.
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News Bulgaria’s residential market enters period of caution and balance
12
Jun
2023

Bulgaria’s residential market enters period of caution and balance

by Property Forum
In 2023, the residential real estate market in Bulgaria is expected to remain calmer and more balanced than during the dynamic previous year. According to real estate agency Arco Real Estate, the forecast is for a slight cooling of interest due to factors such as inflation, the change, and the rise in mortgage rates, as well as the ongoing war in Ukraine.
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News 80% of decision-makers already take ESG considerations into account
09
Jun
2023

80% of decision-makers already take ESG considerations into account

by Property Forum
On the occasion of Property Forum’s Living Investment Forum 2023 and under the umbrella of the RICS CEE residential working group, an online survey was conducted among large residential developers and management companies from Poland, the Czech Republic, Hungary and Romania with help from industry organisations and RICS professional network to get insight on what importance ESG considerations play in the residential sector in the CEE region. In the survey, 80% of respondents claimed that ESG is an important factor in their business decisions at the “strategy level”.
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News DRFG to build multifunctional complex in Brno
07
Jun
2023

DRFG to build multifunctional complex in Brno

by Property Forum
Investment group DRFG has announced the acquisition of the new multifunctional development project Tři Dvory, with a market value of CZK 1 billion (€42.3 million). The project will be located on the site of a former royal mill on the outskirts of Újezd u Brna, in close proximity to the Stara Hora vineyards. Construction is due to start in spring 2024 and final completion is planned for spring 2026. 
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News Prague approves construction of 300 PDS flats
06
Jun
2023

Prague approves construction of 300 PDS flats

by Property Forum
The Prague City Council has approved the investment preparation of the Beranka residential project in Prague Horní Počernice. The construction of 300 flats on an area of 63,000 sqm is being prepared under the management of the Prague Development Company (PDS). Architectural competition and tenders are being prepared. PDS plans to build between 2025 and 2030.
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News Building apartments for sale now makes more sense than for rent
05
Jun
2023

Building apartments for sale now makes more sense than for rent

by Michał Poręcki
Although not long ago the PRS market seemed to be the obvious choice, thanks to the sudden improvement in economic conditions and the optimism of buyers, the construction of apartments for sale in Poland is today a more profitable solution - this is the main conclusion of a panel discussion at Living Investment Forum 2023, an event organized by Property Forum in Warsaw in May.
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News Develia to take over Nexity Poland for €100 million
02
Jun
2023

Develia to take over Nexity Poland for €100 million

by Property Forum
Develia has signed a preliminary agreement to acquire 100% of shares in Polish subsidiaries of Nexity, a French real estate development company. The price set in the preliminary agreement amounts to €100 million (approx. PLN 453 million). Develia will increase the number of units under construction by approx. 1,400 and will expand the land bank by approx. 2,200 units in Warsaw, Kraków and Poznań.
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News Cavatina Group to build 10,000 rental apartments
02
Jun
2023

Cavatina Group to build 10,000 rental apartments

by Property Forum
Cavatina Group S.A. has established a company that will be responsible for the construction and management of a portfolio of PRS projects located in the largest cities of Poland. Alongside Cavare S.A., the group includes Cavatina Holding S.A., a publicly traded company and one of the largest office developers in Poland, Resi Capital S.A., focusing on the residential sector, and CTank S.A., the entity responsible for land acquisition and comprehensive project preparation for the Group and external investors.
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News Volume of housing transactions rises again in Hungary
01
Jun
2023

Volume of housing transactions rises again in Hungary

by Property Forum
After several months of declining the number of residential property transactions concluded in Hungary has risen in May. Mortgage lending also showed signs of recovery, brokerage firm Duna House reports. 
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News CBRE appoints Head of A&T Residential for SEE
01
Jun
2023

CBRE appoints Head of A&T Residential for SEE

by Property Forum
CBRE has announced the new role of Zvezdana Milutinović as Head of A&T Residential for the SEE region, effective June 1, 2023. Zvezdana joined CBRE at the beginning of the operations in the SEE region, 5 years ago when the direct office in Belgrade for the SEE region was established.
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Latest news


New leases

  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.

New appointments

  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.
  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.

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