ARTICLES LABELLED WITH TAG residential

News Olivia Center in Gdańsk to prepare two more buildings
02
Mar
2023

Olivia Center in Gdańsk to prepare two more buildings

by Property Forum
One of the next buildings of Olivia Center is to serve as an office, and the other as a residential one for long-term rental (so-called PRS). The investor has just received a building permit for both buildings.
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News February brings slight recovery in Hungary's residential market
01
Mar
2023

February brings slight recovery in Hungary's residential market

by Property Forum
Transactions have increased but the general mood remained very cautious across all regions of the country, Duna House Group (DHG) reports.
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News The housing market in Bulgaria is slowing pace
01
Mar
2023

The housing market in Bulgaria is slowing pace

by Property Forum
The Bulgarian housing market entered 2023 with a fragile balance between demand and supply. The market is calming down, after a hyperactive 2022, according to the stats, showcased by Address Real Estate in their annual analyses.
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News Impact Developer & Contractor sells 275 homes in 2022
01
Mar
2023

Impact Developer & Contractor sells 275 homes in 2022

by Property Forum
Romanian developer Impact Developer & Contractor said it sold 275 residential units during 2022, which had a combined value of 210 million lei (€‎42.6 million). In the same year, the company recorded pre-sales for another 450 homes with a combined value of 236 million lei (around €‎48 million), according to a statement submitted to the Bucharest Stock Exchange (BVB). 
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News Syrena Real Estate enters the PRS sector in Poland
28
Feb
2023

Syrena Real Estate enters the PRS sector in Poland

by Property Forum
The company’s new business line operates under the Habitu brand and the first property from the PRS sector in the company’s portfolio located in Warsaw was fully leased in two months. The company has announced intensive development of Habitu mainly in the capital city but also in other Polish cities. Syrena plans to offer three thousand units on its PRS platform within five years.
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News Interdraw secures building permit for homes in Bucharest
28
Feb
2023

Interdraw secures building permit for homes in Bucharest

by Property Forum
Property developer Interdraw, owned by entrepreneur Ulisse Gheduzzi, has obtained the building permit for a new residential complex in Bucharest that will be developed following an investment of more than €30 million. 
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News When can affordable housing become a reality in Croatia?
28
Feb
2023

When can affordable housing become a reality in Croatia?

by Property Forum
Continuously rising housing prices across Croatia, additionally amplified by the country’s recent entry into Eurozone and the Schengen area, have provoked discussions about affordable housing and models that can be applied in Croatia, based on the experience of other countries in the CEE region. Erste Group Bank, one of the leading financial institutions in CEE, became a potential forerunner in setting up an affordable housing concept in Croatia, however, the project is yet to commence and still strongly depends on cooperation with local governments, which are often lacking flexibility or avoiding a tighter and highly publicized joint ventures with the private sector.
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News One United Properties records slight turnover gain in 2022
28
Feb
2023

One United Properties records slight turnover gain in 2022

by Property Forum
Romanian developer One United Properties says its consolidated turnover rose by 4% year-on-year to €235.4 million in 2022, while its gross profit fell 5% to €116.2 million over higher investment activity. 
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News Opus Land to add 500 homes in complex near Bucharest
28
Feb
2023

Opus Land to add 500 homes in complex near Bucharest

by Property Forum
Opus Land Development says it will invest approximately €50 million this year in the construction of about 500 new homes in the residential complex Cosmopolis based in the northern part of Bucharest region.
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News Mint Investments plans to expand its residential portfolio
28
Feb
2023

Mint Investments plans to expand its residential portfolio

by Vera Tumova
This year, Mint Investments will continue focusing on creating above average returns with minimum risk for its investors in the Czech Republic and Slovakia. Katarina Lindbergh, Partner of Mint Investments discussed this year’s plans for new residential projects in Prague and Bratislava with Property Forum.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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