The residential market in Slovakia has almost stopped. The top ten Slovak developers have sold a total of fewer than 800 apartments in Slovakia, as 2023 figures are showing in the ranking on Index.sme.sk.

Design and construction consulting office Obermeyer Helika has completed and handed over the documentation for the construction of the Semerínka residential project in Prague 5 Radlice developed by Crestyl. The construction of the project has started.

PSN has reached a milestone in base building construction at the Ahoj Vanguard development project in Modřany, Prague. Close to the apartment building, the conversion of the former Microna factory into Vanguard loft housing is also nearing completion.

InteRo Property Development, owned by the Canadian Topolinski Family, has planned investments in northern Bucharest that will exceed €170 million.

Anna Wojciechowska, Head of ESG at Robyg, talked to Property Forum about the implementation of the principles of sustainability in the Polish residential market and the factors, that will affect the ESG-related activities in the following years.

The Bratislava residential quarter developed by Cresco Real Estate has grown by 379 approved apartments and suites in the Slnečnice POP project. The westernmost part of Slnečnice, which is adjacent to the completed Petržalska tramway, has received the approval decision after 21 months.

More than 80 architectural studios from all over the world have entered the competition for the Revoluční 30 project in Prague. The winning design has been chosen out of the six finalists.

In the coming weeks, Penta Real Estate is planning to submit documentation for the environmental impact assessment (EIA) for the Bratislava Southbank project. The total gross floor area is reaching 210,000 sqm.

UAE-based property developer Eagle Hills plans to build a completely new city centre in Budapest. Plans contain several highrise offices, residential and retail units, including the tallest tower in Europe.

Banks in Romania are actively looking to accelerate new residential lending in Romania as the central bank is expected to lower interest rates in H2 2024. Lenders have initiated a series of offers with more favourable interest rates, below the 7% monetary policy rate set by the National Bank of Romania (NBR), according to Vlad Săftoiu, Head of Research at Cushman & Wakefield Echinox.