ARTICLES LABELLED WITH TAG residential

News Werk invests €14 million in Timisoara residential project
28
Mar
2018

Werk invests €14 million in Timisoara residential project

by Import Sys
Real estate developer Werk Property Group is planning to invest €14 million in Vox Vertical Village, a residential project in Timisoara. The development of the 120 housing units is scheduled to start soon with completion scheduled for the end of 2019.
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News Rising prices on Prague’s residential market
18
Mar
2018

Rising prices on Prague’s residential market

by Import Sys
New projects are building up slowly, the number of commenced constructions are declining and high demand remains. At the end of last year, approximately 8,100 units were under construction in Prague. This is the lowest result since 2014. The total number of completions reached 6,176 apartments which is 5% below 2016 levels. 2018 will most probably not bring a major change, rather the opposite. In 2018, the construction of around 3,800 new flats will commence, the lowest figure since 2009. About 5,000 units will be completed, marking a significant decline compared to 2017.
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News Hagag invests €90 million in first Bucharest project
28
Feb
2018

Hagag invests €90 million in first Bucharest project

by Import Sys
Hagag Development Europe is investing over €90 million in its first Bucharest project and the company’s largest residential project in Romania, H Pipera Lake.
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News International Campus acquires Prague student housing project
21
Feb
2018

International Campus acquires Prague student housing project

by Import Sys
International Campus AG, a specialist in micro-living products, is continuing its growth in Europe and expanding into the Czech Republic. In a joint venture with Czech project developer Karlín Group, International Campus has acquired a development project in the Holešovice district of Prague with 529 high-quality apartments for students. It has been agreed not to disclose the purchase price. The building that is to become “THE FIZZ Prague” will have a gross floor area above ground level of 16,529 square metres over eight floors. The opening is planned for Q1 2020.
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News One United Properties invests €100 million in Bucharest project
15
Feb
2018

One United Properties invests €100 million in Bucharest project

by Import Sys
Romanian developer One United Properties plans to launch a residential project (One Mircea Eliade) with 250 apartments and the construction of a 24,000 sqm office building (One Tower) next to Bucharest’s Floreasca Lake, on the site of the former Automatica site.
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News AFI Europe to start first residential project in Romania
14
Feb
2018

AFI Europe to start first residential project in Romania

by Import Sys
AFI Europe Romania has received the building permit that allows for construction works to begin on AFI City, the first residential project developed by the company in Romania. The building process has been divided into phases, the first one being scheduled to begin in the next 2 months.
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News Resi dominates Poland's investment land market
09
Feb
2018

Resi dominates Poland's investment land market

by Import Sys
In 2017 the residential market took the lead in terms of land deals, recording all-time highs for both the number and value of sale/purchase contracts. The market for land suitable for office buildings and hotels also continued apace in 2017. The appetite of developers for new purchases was underlined by deals for several dozen properties throughout Poland, according to JLL.
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News CEE leads the way for house price growth
19
Jan
2018

CEE leads the way for house price growth

by Import Sys
In Q3 2017 the largest increase in house prices was registered in the Czech Republic. According to fresh data published by Eurostat, Hungary also saw double-digit growth, while prices rose by 5-10% in Bulgaria, Slovenia, Slovakia and Romania
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News YIT sells housing projects in Prague and Bratislava
28
Dec
2017

YIT sells housing projects in Prague and Bratislava

by Import Sys
YIT has sold housing projects in Prague, the Czech Republic and in Bratislava, Slovakia to YCE Housing I fund. The value of the projects is approximately €50 million, and the sales are recorded in the last quarter of the year.
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News Bucharest agency to sell residential properties in bitcoin
20
Dec
2017

Bucharest agency to sell residential properties in bitcoin

by Import Sys
Cityland, a Bucharest-based residential real estate agency, will start selling apartments in bitcoin in response to the growing popularity of the virtual currency, profit.ro reports.
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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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