ARTICLES LABELLED WITH TAG residential

Romania’s residential market recorded around 26,000 new home completions during H1 2024, down 20% over the same period of last year, according to Colliers data. 

AFI Europe and FINEP have announced the conclusion of a long-term framework agreement on cooperation in the development of rental housing in Prague. The move is based on their previous collaboration in this area. 

A few weeks are left until the opening of the first stage of the new Vydrica district in Bratislava's centre developed by Lucron together with Vydrica. More than two hundred apartments and 19 retail units of 3,148 sqm are expected to receive approval for building use every day.

Hungarian developer Biggeorge Property has extended its existing portfolio with an international residential property development division (Biggeorge Homes International) in Q4 2024, and brought aboard three new leaders to successfully implement its European expansion plans. Founder and CEO Tibor Nagygyörgy welcomes János Martin CEO, Zinaida Onczay-Vojnár International Business Development Director and Gábor Bakonyi-Kiss International Investment Manager in the group’s leadership. 

Real estate brokerage Duna House estimates that 9,754 residential properties changed hands, up 21% year on year, and that HUF 112 billion worth of housing mortgages were taken out in September 2024 in Hungary, more than double (+106%) of the base period's data. The number of transactions in the first nine months of the year shows a nearly 40% yr/yr increase.

Nordika, Corwin’s new residential tower in Ljubljana, has been unveiled to the public. The project, which will comprise around 290 new apartments, will be part of a large-scale revitalization of the area along Masaryk Street in the city centre. 

The leading Czech portal focused on residential real estate, Home Portal, has welcomed a significant new addition to its team — Tal Roma, joining from AFI Europe Czech Republic. He will be responsible for taking the role of the CEO of the Polish subsidiary and head of the company’s expansion into the Polish market.

The Prague City Council has approved the next step in the investment preparation of the mixed-use project at the corner of Durychova and Libušská Streets in Prague 4. The development managed by Pražská Developerská Společnost (PDS) is in the centre of the new city district Nové Dvory and above the new subway station on line D. 

YIT is expanding its Ranta Barrandov residential project in Prague 5 by the third stage by adding another 56 units to the 259 apartments from the previous two stages.

Homing Properties will invest €35 million in the construction of 140 villas in Pipera, near Bucharest.