ARTICLES LABELLED WITH TAG residential

Czechs will be forced to change their priorities regarding rental housing, as macroeconomic indicators and developments in Western European countries suggest, says in an interview for Property Forum Jiří Vajner, CEO of Creditas Real Estate, a company that wants to become a leader in the Czech rental real estate market. 

Nusco Imobiliara has secured the construction permit for the second phase of its Nusco City mixed-use scheme based in northern Bucharest. 

J&T Real Estate has purchased two hectares of building land on Rohanský island in Prague's Karlín district from the Rohan Consortium, in which Sekyra Group has a half share. In the future, J&T Real Estate plans to buy another two hectares and build the Nový Rohan district for CZK 15 billion (€613.5 million). The company did not disclose the specific price of the acquisition but said the value of one square metre exceeded CZK 20,000 (€818), ČTK reported, cited by online daily newstream.cz.

Romanian real estate developer HILS Development will launch a new residential project in Bucharest. The complex will be developed based on an Urban Zoning Plan (PUZ) that has previously been secured by retailer IKEA. 

Romanian Fortim Trusted Advisors, a member of BNP Paribas Real Estate Alliance, is expanding into the residential category, with sales & marketing services. 

AFI Europe Czech Republic, a developer that has been focusing on the construction of rental housing in recent years, has already achieved 50% occupancy in its two newly completed buildings: the AFI Home Karlín at the corner of Thámova and Pernerova streets and the first phase of AFI Home Kolbenova in Vysočanská street.

Developer J&T Real Estate (JTRE) will soon start the construction of the Ganz House residential project as part of Bratislava's Eurovea mixed-use district.

The number of transactions this year is likely to catch up with last year's results, brokerage firm Duna House reports. 

Romanian development company IMPACT Developer & Contractor has raised €8 million from a bond sale that targeted institutional investors. The bonds have a maturity of 48 months and the proceeds from transaction will be used to finance current operations and new residential investments.

Mosaic World signed a purchase-construction agreement with Novaform Polska, the Polish subsidiary of Novaform Holding and part of KlokGroep, for the purchase and construction of 98 rental flats and 138 built parking spaces in the Nove Olendry project in the Naramowice district in Poznań, Poland.