ARTICLES LABELLED WITH TAG residential

Echo Investment is introducing a new service for potential home buyers, Aurelia – a virtual customer assistant.

International investor Aurec Capital has expanded its portfolio in the private rented sector (PRS) in Poland. The transaction of the Puławska 186 project completed between Aurec Capital Poland and Matexi Polska is worth over €22 million (PLN 100 million). JLL advised the investor on the purchase of the property.

Hungarian residential developer Cordia is introducing a new, secure, online service that covers the entire home buying process, including virtual viewing and remote contract signing.

Romanian residential developer One United Properties is moving ahead with three new projects in Bucharest.

Polish residential developer Marvipol Development started cooperation with the Autenti platform which allows clients to sign contracts leaving their homes.

J&T Real Estate is moving forward with the extension of the Eurovea mixed-use complex. The foundation work is progressing and the contractor selection process has concluded.

Trei Real Estate GmbH, a developer and property asset holder for residential and retail real estate, just launched the sales drive for ownership apartments in the Polish city of Łódź. The project represents Trei’s second residential development in Poland. The initial total of 104 apartments offered for sale will be built during the first construction stage. Trei entered the Polish residential real estate market in summer 2019 with a first project in Wroclaw.

Impact Developer & Contractor, a real estate developer listed on the Bucharest Stock Exchange, has convened the shareholders to approve a bond issue of maximum €100 million on 28 April.

Cordia International is continuing its international expansion. Following Romania, Poland and Spain, the developer is entering the German rental housing market through the acquisition of a 20.6% stake in ARGO Properties N.V. for €34.4 million.

Residential investments in Europe used to be the domain of certain specialised investors but that is now changing as other players that have previously invested exclusively in office or retail are looking at investments in the living sector. Maximilian Mendel, Head of Living Investment at JLL in Poland, talked to Property Forum about current trends in CEE residential investment.