ARTICLES LABELLED WITH TAG residential

Romanian developer One United Properties recorded a profit growth of 3% to €31.6 million in Q1 2024 versus the same period of last year, while its turnover fell by 5% to €84.3 million in the same interval.

The path to cheaper mortgages, and more affordable housing, is still not easy in the Czech Republic. According to the Swiss Life Hypoindex, the average offer rate of mortgage loans in the Czech Republic has reached 5.52% p.a.

Hagag Development Europe has purchased a residential complex under development in Eastern Bucharest, located on a former industrial platform.

The volume of new mortgage loans amounted to €1.1 billion in Q1 2024, up by around 29% compared to the same period of last year, according to a report by SVN Romania | Credit & Financial Solutions.

YIT has signed agreements to establish three joint ventures with the Czech investment group RSJ Investments in Lithuania, Latvia, and Slovakia. YIT is selling plots or projects under construction to joint ventures under the same agreement.

Since the end of April, the residential project Pri studničke of the developer Studnička Development has had a valid building permit issued. The residence is planned near Bratislava's greatest forest park Železná studnička, in the location adjacent to the future research center Eset Kampus.

The Millhaus residential project, with which developer Immocap and the investment group WOOD & Company have entered the residential market in Bratislava recently, has reached another important milestone.

Professional mobility, internal migration, issues related to adaptation in a new country, search for flexible housing solutions while waiting for better availability of mortgage loans - these are the current challenges for the rental market in Poland. Is the PRS sector responding to these new social phenomena, and how? Resi4Rent presented the results of its latest survey.

JTRE has opened its residential project Downtown Yards in Bratislava for pre-sale and 20% of the stock is gone. This may indicate the asset class's return to a healthier status after a two-year slowdown.

In 2024, the total investment volume in Poland amounted to €364 million, marking the weakest result for the first quarter in recent years. Interestingly, 25% of the invested capital comes from Polish investors. The warehouse sector remains the leader, accounting for 38% of the total investment volume. Unchanged, the vast majority of office transactions took place in Warsaw, while commercial investments were dominated by retail parks. Additionally, the market also saw two transactions in the residential sector in Warsaw, and two hotels were sold in seaside tourist cities, says Paulina Brzeszkiewicz-Kuczyńska, Research and Data Manager at Avison Young.