ARTICLES LABELLED WITH TAG residential

News One United Properties starts new residential project in Bucharest
10
Jan
2019

One United Properties starts new residential project in Bucharest

by Property Forum
Local real estate developer One United Properties has started the construction of a residential project located on a 3,835 sqm land plot in Bucharest’s Timpuri Noi area, zf.ro reports.
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News Speedwell invests €40 million in Cluj-Napoca mixed-use project
12
Dec
2018

Speedwell invests €40 million in Cluj-Napoca mixed-use project

by Property Forum
Belgian real estate developer Speedwell is investing €40 million in a mixed-use project in the Romanian city of Cluj-Napoca.
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News JLL brokers sale of Prague land plot
12
Dec
2018

JLL brokers sale of Prague land plot

by Property Forum
JLL secured the sale of an attractive land plot in Košíře in Prague 5 on Jinonická Street. The seller was Premium Imobilien and the buyer was developer Ideastav. In the future, there will be a residential project offering 28 luxury apartments with 42 parking spaces for sale. The transaction was provided by the SMI (Small and Medium Investment) department under the leadership of Pavol Bak.
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News Garanti Bank finances Timisoara project with €5.8 million
28
Nov
2018

Garanti Bank finances Timisoara project with €5.8 million

by Property Forum
Romanian developer Wallberg has secured a €5.8 million loan from Garanti Bank to finance the development of the XCity Towers project in Timisoara. XCity Towers it will be built in several stages, with a total of 955 apartments in 8 buildings. The total value of the project will exceed €62 million, of which the first stage will amount to €36 million.
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News Hungary’s Duna House buys Polish loan broker
06
Nov
2018

Hungary’s Duna House buys Polish loan broker

by Property Forum
Metrohouse Franchise, the 100% subsidiary of Hungary’s Duna House Holding. has signed an agreement in Warsaw to acquire 100% ownership in Gold Finance Sp. z o.o. The total investment was €908,000 (PLN 3.9 million), out of which the purchase price was PLN 3.5 million, plus MF acquired shareholder loans from the sellers with the face value of PLN 0.4 million.
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News Living in Prague is becoming more expensive than in Bratislava
05
Nov
2018

Living in Prague is becoming more expensive than in Bratislava

by Property Forum
Prague is becoming increasingly more expensive than Bratislava. Employees continue to earn more in the capital of the Czech Republic, though the cost of living is also rising, especially in regards to housing. This is evidenced by the results of research done by JLL, which compared the prices of apartments in both capitals.
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News Cordia to invest €50 million in Romanian projects next year
01
Nov
2018

Cordia to invest €50 million in Romanian projects next year

by Property Forum
Cordia Romania, the residential division of Hungary’s Futureal Group, plans to invest €50 million in new projects million next year. The company aims to deliver about 500 apartments per year on the Bucharest residential market, designed for the medium and medium-high segments.
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News Central bank regulation to affect house prices in Romania
25
Oct
2018

Central bank regulation to affect house prices in Romania

by Property Forum
The National Bank of Romania (NBR) reintroduced limits for the maximum indebtedness levels for individuals or families seeking out consumer or mortgage loans. These debt service-to-income (DSTI) ratios will become 40% for RON loans and 20% for hard currency starting in 2019. As per Colliers International Romania’s estimates, for the residential market, the impact in terms of prices will be uneven, geared more towards the low and medium-low segments of the residential market.
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News Speedwell launches residential project in Bucharest
18
Oct
2018

Speedwell launches residential project in Bucharest

by Property Forum
Belgian real estate developer Didier Balcaen is investing €15 million in a residential project called Triama Residence in the National Arena neighbourhood of Bucharest, profit.ro reports.
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News Poland’s Resi4Rent buys four projects under development
11
Oct
2018

Poland’s Resi4Rent buys four projects under development

by Property Forum
Echo Investment has signed preliminary sales agreements with Resi4Rent for four projects under development in Warsaw, Wrocław and Łódź for a combined price of €78.6 million (PLN 338.7 million). The four projects - Browary Warszawskie in Warsaw, Wodna in Łódź, Rychtalska and Kępa in Wrocław – will comprise 1,200 apartments altogether.
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Latest news


New leases

  • LS Logistics has leased over 6,000 sqm in warehouse and office space at Hillwood Janki Sokołów. As a result of the transaction, Hillwood Poland's 33,000 sqm warehouse centre is now fully leased.
  • Polkomtel, a part of the Polsat Plus Group, will move into the Sterling Business Center, a building managed by GTC and located in Łódź (central Poland) this December. The company will occupy over 3,000 sqm.
  • Kolejkowo - creator of exhibitions with miniature models of places from Poland and all over the world - will open a new 1,110 sqm space in the Warsaw Towers office building from CA Immo's portfolio, occupying almost the entire first floor of the building. Kolejkowo in Warsaw Towers will be available to visitors as early as mid-March 2025.

New appointments

  • Tomasz Waligórski will take over as General Manager of the Carrefour chain in Poland from 1 November. In this function, he will replace the previous, long-standing director of the Polish branch, Tareck Ouaibi.
  • Savills consultancy announced the strengthening of the Landlord Representation team within its office space division. Kamila Bartosik-Budecka and Michał Porzycki have joined the team.
  • Andreea Comșa has been appointed Commercial Director of Speedwell. In her new position, she will lead and coordinate the operations of the commercial department with responsibility for the sales and leasing teams. She will also oversee the implementation of sales and development strategies, being fully involved in marketing initiatives and expanding existing business segments.

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