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News Czech residential market to "normalize" next year
28
Nov
2023

Czech residential market to "normalize" next year

by Vera Tumova
Slowly, the residential market should "normalize" and the classic buy/sell market will revive again due to the reduction of interest rates, but this will not happen before the end of this year and the end of summer 2024, explained in an interview for Property Forum Tereza Kouklová, Managing Partner at SFG Holding. 
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News Hungarian developer Property Market has new leader
20
Feb
2023

Hungarian developer Property Market has new leader

by Property Forum
Market Group has appointed Ákos Kiss as Managing Director of Property Market, the development firm of the group. He has been working at the company since 2015 and before his appointment worked as Director of Sales, Marketing and Communication. 
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News Hungary's Futureal Group to merge two large units 
07
Feb
2023

Hungary's Futureal Group to merge two large units 

by Property Forum
Futureal Development and Futureal Investment Partners will join their efforts to increase green investments in a pan-European platform.
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News Passerinvest approves another residential project in Prague 4 
17
Jan
2023

Passerinvest approves another residential project in Prague 4 

by Property Forum
Another new residential building, Oliva, built by Passerinvest in Prague Brumlovka, was approved in December. The first residents will start moving into the 72 flats in the first quarter of this year, the developer announced. 
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News JTRE names new Commercial Director
16
Dec
2022

JTRE names new Commercial Director

by Property Forum
Slovakia's JTRE enlarged its professional team before the end of the year 2022 and appointed Peter Píš as the new Commercial Director in December, JTRE reports.
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News Skanska plans to get into rental housing in Prague
12
Oct
2022

Skanska plans to get into rental housing in Prague

by Vera Tumova
Skanska Residential is planning to include rental housing in its multi-phase projects in the Czech Republic as an additional product to its standard offer. However, the company mainly wants to focus on building homes in Prague for long-term living. Property Forum talked to Petr Michálek, CEO of Skanska Residential.
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News Hungary’s Wing to acquire majority interest in Echo Investment
16
Oct
2019

Hungary’s Wing to acquire majority interest in Echo Investment

by Property Forum
Hungarian investor and developer Wing has signed a preliminary agreement to acquire majority interest (c.a. 56% of shares) in Echo Investment, a Polish developer listed on the Warsaw Stock Exchange. Echo Investment has almost 90 projects in the pipeline, with the total estimated usable area of c.a. 1.3 million sqm.
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Latest news


New leases

  • Romet makes its debut at Gemini Park Bielsko-Biała (southern Poland). The 190 sqm bicycle showroom is located on the ground floor at the entrance to the gallery.
  • A showroom of the German brand Ulla Popken - one of the leaders in plus size fashion worldwide - has opened in Silesia City Center. This is the brand's fifth shop in Poland and the first in Silesia. It has the area of 220 sqm.
  • An Italian restaurant from the Semolino chain will open in the AFI Home Metro Szwedzka multifunctional complex in Praga-Północ district of Warsaw. The tenant will occupy the entire space (640 sqm) of Pudełkarnia building.

New appointments

  • Atakan Turhan has been appointed as General Manager of Radisson Blu Hotel and Park Inn by Radisson in Bucharest. Turhan brings over 30 years of hospitality experience, including 20 years with Radisson Hotel Group.
  • The Industrial and Logistics Agency of BNP Paribas Real Estate Poland is expanding. In early January, Ludwika Korzeniowska took the helm of the agency, with Grzegorz Furmanek joining the team as Senior Consultant.
  • Tomasz Chojnacki has taken up the position of Deputy Head of the Office Department of CBRE Poland. In his new role, he is responsible for the management and development of the office sector and the development of a coherent business plan for all services for clients in this market segment.

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