News - Office building in Budapest to be converted into residential units
30
Jun
2025

Office building in Budapest to be converted into residential units

by Property Forum
According to epiteszforum.hu, Futureal Group’s residential developer arm Cordia will convert the next, currently shell-stage phase of the Corvin Innovation Campus office complex into a residential building. Designed by Radius B+S Architects, the eight-storey building will house more than 200 apartments, some featuring ceiling heights over 3 metres, thanks to the existing structural design. The project will also include a three-level underground garage, 400 sqm of communal space for residents, and a 160 sqm rooftop terrace exclusively for residents.
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News - Nrep's Noli Studios to open PRS project in Gdańsk
27
Jun
2025

Nrep's Noli Studios to open PRS project in Gdańsk

by Property Forum
Noli Studios, the Scandinavian serviced living operator, will open a new location in Gdańsk’s Garnizon district in July 2025. The launch follows the brand’s debut in Poland with Noli Studios Warsaw Ursus earlier this year.
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News - Hubix becomes shareholder in Sibiu resi complex
25
Jun
2025

Hubix becomes shareholder in Sibiu resi complex

by Property Forum
Property investment company Hubix has announced a strategic investment in The Lake Home, a residential project in Sibiu, developed in partnership with Novarion.
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News - PSN starts selling resi project in Prague
19
Jun
2025

PSN starts selling resi project in Prague

by Property Forum
PSN is launching the sale of the Jitro residential project in Prague's Vršovice. The project is designed to offer 144 units, as well as 35 townhouses with private entrances and green roofs. 
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News - Millstone kicks off €18 million resi investment in central Bucharest
19
Jun
2025

Millstone kicks off €18 million resi investment in central Bucharest

by Property Forum
Romanian developer Millstone, controlled by Johan Rogiers and Horia Chioseaua, has officially begun construction on a boutique residential project on Calea Victoriei, in central Bucharest, which represents a €18 million investment. 
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News - Prime Kapital secures €20 million financing for resi development in Iași
18
Jun
2025

Prime Kapital secures €20 million financing for resi development in Iași

by Property Forum
Prime Kapital has secured a €20 million financing facility from Garanti BBVA for the third phase (residential) of its Silk District urban regeneration project in Iași.
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News - Hotel Budapest (Körszálló) set for major transformation despite controversy
18
Jun
2025

Hotel Budapest (Körszálló) set for major transformation despite controversy

by Property Forum
The iconic 1967-built Hotel Budapest — locally known as Körszálló (meaning 'circle hotel') — has officially received demolition and construction permits for a near-complete rebuild. Most of the cylindrical tower and interior will be taken down and reconstructed to house around 50 luxury apartments, along with wellness facilities, restaurants, offices, and public amenities, 24.hu reports.
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News - Footballer-backed developer bets on Warsaw and green building standards
12
Jun
2025

Footballer-backed developer bets on Warsaw and green building standards

by Michał Poręcki
Danilo Djurović, CEO of Monting Development, talked to Property Forum about the current state of affairs in the Polish residential market, environmental responsibility and business partnership with football star Robert Lewandowski.
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News - BLD Poland acquires land for second Warsaw residential project
11
Jun
2025

BLD Poland acquires land for second Warsaw residential project

by Property Forum
BLD Poland, part of Bulgarian investment group AG Capital, has acquired a plot in Warsaw’s Białołęka district for a new residential project that will include nearly 90 housing units. The site is located near Głębocka Street, close to parks, schools, and the Targówek retail centre.
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News - Hagag Development Europe permits new phases of resi complex near Bucharest
11
Jun
2025

Hagag Development Europe permits new phases of resi complex near Bucharest

by Property Forum
Hagag Development Europe has started the construction for the second and third phases of H Pipera Lake residential complex in Pipera, near Bucharest, after securing the permits from local authorities. 
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Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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