The beginning of February has brought a sharp fall in bank rates in the Czech Republic, and housing loans are thus the cheapest in more than a year and a half, E15.cz reports.

According to 2023 reports, PSN has booked 23 purchase contracts with a total value of over CZK 1.3 billion (€52 million). The largest part is represented by 15 apartment buildings.

Romanian developer Prima Development Group has kicked off the construction of the second phase of its Prima Vista residential complex based in northern Bucharest.

Romanian developer Alsin Management will kick off the construction of a villa complex in northern Bucharest, in parallel with the development of a residential complex. Both projects are based in Pipera.

The decline in residential real estate prices in Slovakia has almost stopped. Available monthly statistics are indicating when the residential property prices' bottom hit has happened, the National Bank of Slovakia reports.

Romanian developer One United Properties said it sold and pre-sold apartments with a combined value of €274.9 million during 2023, up by 63% year-on-year.

A total of 57 housing units in Prague 6 have been acquired by the Prague Archbishopric after signing a contract with the developer Finep.

AmCorp will invest around €41 million in two residential projects located in Crevedia and Domnești, near Bucharest, while looking to expand its land bank.

Van der Vorm Group, a Dutch investment fund, has completed the acquisition of 119 turnkey flats located on Siennicka Street in the Praga Południe district of Warsaw. The price has not been disclosed.

The XPlace platform, owned by the Archdiocese of Prague, and Penta Real Estate have entered into a partnership in the area of ​​rental housing. Thanks to it, the rental portfolio of XPlace is expanding by two turnkey apartment buildings in the neighbourhood of the Vidoule Nature Park and the new city district of Waltrovka in Prague.