ARTICLES IN Residential  TOPIC

News - Amber Forest gets LEED Community Platinum Precertification
15
Sep
2023

Amber Forest gets LEED Community Platinum Precertification

by Property Forum
Alesonor has achieved the LEED Community Platinum Precertification for Amber Forest complete suburb, which is under development near Bucharest. This has become the fourth project in Europe obtaining the Platinum precertification from the U.S. Green Building Council (USGBC). 
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News - Penta Real Estate to expand Bratislava resi project
14
Sep
2023

Penta Real Estate to expand Bratislava resi project

by Property Forum
Four more apartment buildings are to be built in the vicinity of Bratislava's Bory Hospital and the Bory Promenade residential phase. Penta Real Estate wants to build more than 300 flats there and therefore intends to submit the relevant documentation to the permit authorities in September, according to the Hospodarske noviny daily quoted by Reality.trend.sk. The developer plans to start construction in 2026.
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News - Prague district reaches deal with two developers
14
Sep
2023

Prague district reaches deal with two developers

by Property Forum
The Prague 3 City Council has approved two contracts with developers Penta and Finep to build on one of Prague's largest brownfield sites at the former Žižkov railway station. This may lead to a change in the zoning plan, which the developers have been waiting for. On the other hand, the city and the district itself will receive CZK 267 million (almost €11 million) in so-called contribs, which will go towards building public parks, reconstructing schools and building a new kindergarten, writes e15.cz.
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News - Resi development activity in Hungary hits 10-year low
11
Sep
2023

Resi development activity in Hungary hits 10-year low

by Property Forum
Few multi-unit residential construction works started in Hungary, a little above HUF 50 billion, mainly a few larger projects. And although Q2 brought a rise in Activity-Start, the value of the indicator was far below the quarterly numbers of 2017-2019 and 2021-2022, according to the latest EBI Construction Activity Report.
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News - PSN builds another residential project in Prague Modřany
11
Sep
2023

PSN builds another residential project in Prague Modřany

by Property Forum
PSN has launched a new project, Ahoj Vanguard, in Československého exilu Street, near the former Microna factory, which is currently being converted into Vanguard Prague industrial housing with 150 lofts. They will be connected not only by an underground tunnel but also by a common background with a spa and wellness area with a swimming pool. The new construction of Ahoj Vanguard with 94 apartments is characterised by colours and a large amount of greenery. The new PSN project is scheduled for completion at the end of 2024.
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News - Heatwaves bring around A/C revolution in Hungary
08
Sep
2023

Heatwaves bring around A/C revolution in Hungary

by Property Forum
Based on the data from the Central Statistical Office of Hungary's (KSH) 2022 census, it seems that an A/C revolution is taking place in the Hungarian residential property market. The figures suggest that there will soon be areas where air cooling will be as much a part of the expected comfort of homes and rental properties as flush toilets and hot water. According to an expert at OTP Real Estate Point, this process was triggered by a particular confluence of circumstances at the beginning of the decade.
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News - Primavera Development starts villa project in northern Bucharest
04
Sep
2023

Primavera Development starts villa project in northern Bucharest

by Property Forum
Primavera Development has started the construction of a new complex of villas in northern Bucharest, with an estimated investment of around €30 million. 
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News - Shortage of private student housing persists in Poland
01
Sep
2023

Shortage of private student housing persists in Poland

by Property Forum
With the new academic year approaching, thousands of students are stepping up their search for accommodation. Meanwhile, Cushman & Wakefield has identified that, given the current bed provision in Poland, just 10% of all students can be accommodated in university-owned and private halls of residence. Those considering looking for privately rented accommodation will, however, face many challenges. According to Otodom, the availability of rental residential units in many key university towns is shrinking while rents continue to rise, with rental growth at the end of July 2023 averaging 1.5% month-on-month (m/m) and 8.5% year-on-year (y/y).
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News - Impact plans new resi development in Bucharest
01
Sep
2023

Impact plans new resi development in Bucharest

by Property Forum
Romanian developer Impact Developer & Contractor will launch in the next period in Bucharest a new residential complex comprising over 850 premium apartments with a market value of around €350 million. 
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News - Speedwell gets BREEAM Excellent for resi project in Bucharest
30
Aug
2023

Speedwell gets BREEAM Excellent for resi project in Bucharest

by Property Forum
Speedwell obtained the BREEAM Excellent Certification for the first building in The Ivy residential complex under development in northern Bucharest.
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Latest news


New leases

  • Expur has leased 940 sqm for its new offices in Business Garden Bucharest, owned by Vastint Romania. The deal was brokered by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.
  • GTX Romania has leased 2,700 sqm in VLParks Bucharest West, in a deal brokered by iO Partners.
  • Vitalaire Romania, a subsidiary of the Air Liquide Group, has relocated its offices to Bucharest-based One Cotroceni Park, in a deal brokered by iO Partners.

New appointments

  • Artur Apostoł joins Griffin Capital Partners as Co-Managing Partner to lead the company’s real estate activities together with Marek Obuchowicz, who has been promoted to Co-Managing Partner. Artur and Marek are taking over responsibilities from Piotr Fijołek, who transitions from an active role and will continue supporting the firm as Senior Advisor. These appointments mark the completion of a leadership transformation aligned with the company’s dynamic growth and long-term strategy.
  • CBRE Hungary has named Anna Zhang as Business Development Manager, while Antoine Fromental takes on the role of Hotel Investment Analyst. Zhang is tasked with developing partnerships with Far Eastern clients and strengthening business relations in CEE markets. She previously served on the PwC Hungary China Desk team. Fromental joins the firm after roles at B&B Hotels and Cushman & Wakefield, where he contributed to various European hotel development, valuation, and market research projects.
  • Garbe has named Zuzana Štěpánková as Business Development Manager in the Czech Republic. She has previously worked at iO Partners as Senior Consultant.

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