ARTICLES IN Residential  TOPIC

News - Alesonor starts construction of villas near Bucharest
27
Jan
2022

Alesonor starts construction of villas near Bucharest

by Property Forum
Developer Alesonor has kicked off the construction of the first villas in Amber Forest suburb located near Bucharest.
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News - Eden Capital Development records sales of over €90 million in 2021
26
Jan
2022

Eden Capital Development records sales of over €90 million in 2021

by Property Forum
Romanian developer Eden Capital Development, which focuses on the Bucharest residential market, recorded total sales of over €90 million during 2021, at an average transaction of over €120,000 for an apartment.
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News - Living completes first phase of Budapest resi project
25
Jan
2022

Living completes first phase of Budapest resi project

by Property Forum
Living, an umbrella brand of Wing specialising in residential properties, has completed the first phase of its Park West project offering 229 apartments in District 13 of Budapest. About 700 apartments will be constructed in the residential development project to be carried out in three phases.
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News - Art Property to boost residential management operations in Romania
21
Jan
2022

Art Property to boost residential management operations in Romania

by Property Forum
Art Property, the developer of the €20 million Art City residential complex in Bucharest, is looking to expand its presence in the property management field and appointed a new management team to implement the operational plans. 
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News - Bratislava’s tallest residential building  receives usage permit
18
Jan
2022

Bratislava’s tallest residential building receives usage permit

by Property Forum
Developer J&T Real Estate (JTRE) has completed the almost three-year construction of Bratislava’s tallest residential building and the Klingerka project has been issued a usage permit.
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News - Czech Republic registers EU’s strongest house price growth in Q3 2021
14
Jan
2022

Czech Republic registers EU’s strongest house price growth in Q3 2021

by Property Forum
In Q3 2021, the Czech Republic registered the strongest house price growth within the EU, both in a year-on-year (22%) and a quarter-on-quarter (7.3%) comparison, well above the EU average of 9.2% and 3.1%, respectively, according to Eurostat’s House price index.
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News - Nordis Group reports sales of €80.9 million in 2021
14
Jan
2022

Nordis Group reports sales of €80.9 million in 2021

by Property Forum
Romanian Nordis Group, specialized in the development of hotels and residential projects, recorded sales of RON 400 million (around €80.9 million), mainly in the project located in Mamaia.
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News - Forty Management to build Romania's highest residential tower
13
Jan
2022

Forty Management to build Romania's highest residential tower

by Property Forum
Romanian developer Forty Management has initiated the authorization procedure for Royal Suites Central District in northern Bucharest, with a market value of €76 million. Once completed, the building will be the tallest residential project in Romania with a height of 122 meters. 
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News - One United delivers residential towers in Bucharest
13
Jan
2022

One United delivers residential towers in Bucharest

by Property Forum
Romanian developer One United Properties has announced the handover of One Herăstrău Towers, located in northern Bucharest, with a gross development value of around €53.3 million. 
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News - Impact completes €150 million resi complex in Bucharest
12
Jan
2022

Impact completes €150 million resi complex in Bucharest

by Property Forum
Property developer Impact Developer & Contractor has completed the Luxuria Residence complex in northern Bucharest, with an estimated market value of €150 million. 
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Latest news


New leases

  • Local developer ELI Parks has leased 8,900 sqm within ELI Park Bacău to Aquila, the distribution and logistics company specialized in the FMCG sector.
  • Vastint Romania has announced the opening of Saint Roastery Botanica, an urban café, within Business Garden Bucharest, occupying an area of 165 sqm.
  • Himalaya and Sabon are joining the brand mix at Fashion House Militari, adding new options in the beauty, sport, and lifestyle categories. Furthermore, Collective pop-up outlet is opening a multibrand store at Fashion House Pallady.

New appointments

  • 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.
  • Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.

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