ARTICLES LABELLED WITH TAG development

News UDI Group builds flats in Latin America
18
Sep
2023

UDI Group builds flats in Latin America

by Property Forum
In September, Czech developer UDI Group started selling apartments in its first project overseas. The group not only handles the entire sales transaction for the apartments but also the follow-up servicing or leasing. Construction of the 15-storey condominium in the financial district of Panama City's capital is expected to be completed in 2026. 
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News Trikaya to build more than 1000 new flats in Brno
18
Sep
2023

Trikaya to build more than 1000 new flats in Brno

by Property Forum
The construction of the Pod Hády quarter in the Maloměřice and Obřany districts of Brno has officially started. Real estate group Trikaya began preparing the large-scale project on the brownfield site of the dilapidated Ergon factory. According to the development company, the total investment in the project will exceed CZK 4 billion (€163 million). The first residents will be able to move in in 2025.
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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 Bratislava brownfield to become urban warehouse complex
13
Sep
2023

Bratislava brownfield to become urban warehouse complex

by Property Forum
A complex of urban warehouses and sales and exhibition spaces is to be built on the border of two Bratislava districts, Rača and Vajnory. According to the developer Alto Real Estate, the project named STORE.TO could include small distribution centres, e-shops and facilities for small businesses, production and services or for buying directly from the warehouses. However, the future design has not yet been disclosed, but the cost of construction is estimated at €24 million, yimba.sk reports. 
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News New office building in Žilina gets put into operation
12
Sep
2023

New office building in Žilina gets put into operation

by Property Forum
The Obchodná office building, which is part of the new NordCity zone in Žilina, a town in the north-west of Slovakia about 200 km from Bratislava, has been approved and put into operation. Among its largest tenants are international companies Siemens, BeLenka, Ipesoft and GoodRequest. Behind the construction of the entire zone is the developer Reinoo whose owner is entrepreneur Milan Dubec. 
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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 Prominent Czech architect acquires Riveroff building in Prague
06
Sep
2023

Prominent Czech architect acquires Riveroff building in Prague

by Property Forum
The Riveroff building in Holešovice, part of the Port7 office complex near the Troja Bridge and Holešovice railway station in Prague, is changing hands. Brno-based businessman Jan Čermák has sold it to South Bohemian company 4 MTK, backed by Martin Krupauer, a prominent Czech architect from České Budějovice, e15.cz reports.
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News Crestyl secures permission to build 200 apartments in Prague
30
Aug
2023

Crestyl secures permission to build 200 apartments in Prague

by Property Forum
The new residential project Semerínka, backed by the developer Crestyl, has received a building permit and construction will begin during the autumn. The Semerínka project in Prague's Radlice district, consisting of four blocks of varying heights, will offer 185 apartments.
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Latest news


New leases

  • Logistics operator Just in Time Logistic has leased around 300 sqm in the DL Tower multifunctional building in Katowice (SIlesia, Poland).
  • This summer, Green Caffè Nero will open at the Diuna office complex, part of the portfolio of PineBridge Benson Elliot and Syrena Real Estate, located in the heart of Warsaw’s Służewiec district. The café will occupy a 200 sqm space.
  • Karl Storz Endoscopy Romania has leased around 1,000 sqm in Timpuri Noi Square office building in a deal brokered by CBRE.

New appointments

  • Polski Związek Firm Deweloperskich (Polish Association of Property Developers) elected new authorities at its general meeting in Katowice. Maciej Wandzel was elected chairman of the board. He will replace Grzegorz Kiełpsz, who became honorary president of the PZFD.
  • Piotr Herian has taken up the position of ISS CFO for Poland and the Baltics. ISS is a leading company in the creation of friendly workplaces and comprehensive facilities management.
  • Paulina Strutyńska has been promoted to the position of Leasing & Asset Director at Skanska’s commercial development business unit. She is now responsible for leasing processes in the Warsaw market as well as Key Customer Management. Agnieszka Krawczyk-Rogowska is responsible for project commercialization and client liaison in Gdańsk, Kraków, and Bucharest, while Marek Stasieńko is responsible for the Wrocław, Poznań, and Łódź markets.

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