ARTICLES LABELLED WITH TAG residential
04
Oct
2023
Oct
2023
Fortim Trusted Advisors expands in resi segment
Romanian Fortim Trusted Advisors, a member of BNP Paribas Real Estate Alliance, is expanding into the residential category, with sales & marketing services.
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03
Oct
2023
Oct
2023
AFI Europe leases half of its rental apartments in Prague
AFI Europe Czech Republic, a developer that has been focusing on the construction of rental housing in recent years, has already achieved 50% occupancy in its two newly completed buildings: the AFI Home Karlín at the corner of Thámova and Pernerova streets and the first phase of AFI Home Kolbenova in Vysočanská street.
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03
Oct
2023
Oct
2023
JTRE to launch new resi project in Bratislava
Developer J&T Real Estate (JTRE) will soon start the construction of the Ganz House residential project as part of Bratislava's Eurovea mixed-use district.
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02
Oct
2023
Oct
2023
Hungary's resi market in 2023 to copy results of 2022
The number of transactions this year is likely to catch up with last year's results, brokerage firm Duna House reports.
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02
Oct
2023
Oct
2023
IMPACT raises €8 million from bond sale
Romanian development company IMPACT Developer & Contractor has raised €8 million from a bond sale that targeted institutional investors. The bonds have a maturity of 48 months and the proceeds from transaction will be used to finance current operations and new residential investments.
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02
Oct
2023
Oct
2023
Mosaic World debuts in Poland's PRS market
Mosaic World signed a purchase-construction agreement with Novaform Polska, the Polish subsidiary of Novaform Holding and part of KlokGroep, for the purchase and construction of 98 rental flats and 138 built parking spaces in the Nove Olendry project in the Naramowice district in Poznań, Poland.
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02
Oct
2023
Oct
2023
Wing hands over part of its resi project in Budapest
The second phase of the Park West project has been delivered in Budapest. The Hungarian developer plans two more phases in this project.
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29
Sep
2023
Sep
2023
Property remains the world’s biggest store of wealth
With a total value of $379.7 trillion at the end of 2022, real estate is worth more than the global equity and bond markets combined and is almost four times the size of global GDP, shows a Savills report.
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27
Sep
2023
Sep
2023
Archicom issues 10 million new shares and raises PLN 220 million
The process of accelerated book-building for Archicom shares has been completed, as a result of which Archicom, Echo Investment and DKR Investment, i.e. companies belonging to the Echo Investment Group, set the sales price of existing Archicom shares and the issue price of 10 million new series D and E shares at PLN 22 per piece. Archicom will use the funds obtained in this way primarily to intensify land acquisitions for further investments.
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27
Sep
2023
Sep
2023
Hercesa gets bank loan for resi project in Bucharest
Spanish developer Hercesa has obtained a loan worth 33 million lei (€6.6 million) from Libra Internet Bank for the construction of a new residential project in western Bucharest.
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Latest news
- Report: 85% of flex operators plan expansion in the coming years
- Fiege tops 50,000 sqm of leased space in Panattoni projects
- Panattoni sells 32,000 sqm logistics park in Ruda Śląska
- CTP signs 37,000 sqm lease with P&G in Prague
- Meta Estate Trust opens its first retail park near Bucharest
- Where capital is returning and why resilience matters more than ever
- Trigea Fund buys 88,000 sqm logistics park near Warsaw
- Lululemon plans expansion in Eastern Europe
- Primark plans to double store network in Romania
- Romania heads for weak December shopping season over consumer caution
New leases
- Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
- Greek jewelry designer Anna Maria Mazaraki has opened her first Romanian store in Bucharest-based ParkLake Shopping Center. The transaction for the new location was brokered by Cushman & Wakefield Echinox.
- Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.
New appointments
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
- Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
