ARTICLES IN Residential  TOPIC

News Residential rents in Hungary increase for the first time in 6 months
26
Mar
2021

Residential rents in Hungary increase for the first time in 6 months

by Property Forum
Residential rents in Hungary rose slightly in February, but looking at the longer term, this appears to be more stagnation than a substantial turnaround, the joint rent index of the Central Statistical Office (KSH) and real estate portal ingatlan.com shows. The average rent rose 1.1% in Hungary and 0.8% in Budapest month-on-month.
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News Linkcity acquires brownfield site from the city of Pardubice
25
Mar
2021

Linkcity acquires brownfield site from the city of Pardubice

by Property Forum
The city of Pardubice is transferring one of its largest brownfields, the area of ​​the former Tesla Kyjevská, to Linkcity Czech Republic. The new owner will embark on the reconstruction of this area into a new residential district with 250 apartments, a supermarket and 10 terraced houses.
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News One United starts new resi scheme in Bucharest
24
Mar
2021

One United starts new resi scheme in Bucharest

by Property Forum
Romanian developer One United Properties announced it received the construction permit for One Verdi Park, a new residential project in Bucharest.
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News Dagesh Group invests €6.5 million in Bucharest resi project
22
Mar
2021

Dagesh Group invests €6.5 million in Bucharest resi project

by Property Forum
Dagesh Group, which owns the Platinum Center office building and developed other boutique residential projects, is investing  €6.5 million in a new residential project in Bucharest.
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News Fidurock obtains building permit for Brno project
19
Mar
2021

Fidurock obtains building permit for Brno project

by Property Forum
Czech-Dutch investment company Fidurock has obtained a building permit for the reconstruction of an apartment building in Brno.
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News Promising PRS growth prospects in Poland
18
Mar
2021

Promising PRS growth prospects in Poland

by Property Forum
Some of the most mature PRS markets in Europe are Germany, Switzerland, the Netherlands and the Nordics. The Polish PRS market is still in its infancy, but more and more players are declaring their willingness to build portfolios of thousands of rental apartments in Poland. Experts of Cushman & Wakefield present an outlook for the PRS growth in Poland.
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News Cordia to hand over 800 homes in Hungary in 2021
17
Mar
2021

Cordia to hand over 800 homes in Hungary in 2021

by Property Forum
Hungarian residential developer Cordia plans to hand over a record number of homes this year in Hungary. Thanks to an expanded government family support scheme and the re-introduction of a 5% VAT rate on residential property, the company expects sustained strong demand and will therefore increase its offer by more than 800 new homes as part of several developments. Work is continuing uninterrupted while protective measures are observed, with full online customer service introduced last year.
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News New home sales pick up again in Budapest
17
Mar
2021

New home sales pick up again in Budapest

by Property Forum
Budapest’s housing market is becoming more eventful for used and newly-built homes alike as sales have started to pick up in early 2021. As a result, developers sold more than 1,600 new homes between December 2020 and February 2021, nearly half the total number of new homes sold last year. At this rate, total sales figures may even double this year. As usual, most new homes were sold in Budapest's District 13, but the Inner Pest districts have also attracted large numbers of buyers. Data from the Budapest Housing Market Report by Eltinga and Ecorys reveals the number of new homes sold early this year in various locations.
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News Trei Real Estate increases development volume to €1.2 billion
16
Mar
2021

Trei Real Estate increases development volume to €1.2 billion

by Property Forum
Trei Real Estate’s development portfolio grew by 33 percent to €1.2 billion in 2020 from €900 million in 2019. The sum total breaks down into €1.0 billion in residential real estate and c. €200 million in retail real estate. The proprietary portfolio of Trei maintained its total of c. €1.2 billion and it includes 349 assets.
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News Czech developer Horizon closes record year
16
Mar
2021

Czech developer Horizon closes record year

by Property Forum
Czech development group Horizon has a record year behind it, despite the uncertainty and difficult conditions caused by the COVID-19 pandemic. In 2020, the company's total revenue from the sale of 337 units in five different projects reached €100 million (CZK 2.7 billion). Horizon plans to build around a thousand more units this year and will put another 550 apartments on sale.
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Latest news


New leases

  • WeNet, an online marketing company, has relocated its Gdańsk office to the multifunctional Garnizon complex, owned by the Hossa Investment Group. The organisation has taken up more than 450 square meters of office space in the GATO office building.
  • Perfume chain Douglas has signed a lease agreement for nearly 1,000 sqm of office and logistics space at CTPark Budapest Office Campus, which is located in the heart of the city.
  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.

New appointments

  • Tryton Business House in Gdańsk will welcome a new tenant. Państwowe Gospodarstwo Wodne Wody Polskie will occupy 3,092 sqm of office space in the complex owned by Globalworth. Cushman & Wakefield represented the institution in the lease process.
  • G City Europe is strengthening its development competences. Piotr Myszka has joined the company, taking up the position of Head of Development.
  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.

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