ARTICLES LABELLED WITH TAG residential

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. 

Developer Immocap is launching the sale of residential units in a new project in Bratislava. It is a reconstruction of a former office building in the wider city centre.

The final stage of the Zwirn project developed by YIT in Bratislava has received a valid building permit. The construction work is starting already in October 2024. 

iO Partners, a JLL Preferred Partner, has teamed up with Bright Spaces proptech to provide its clients with a 3D space planning tool. 

Intrade Assets Management is applying for a permit for the project known as Za stanicou (Behind the station) in Bratislava, now under the new name Aquamarine, reports SME.sk. Presented 14 years ago the project is coming to life in the Nové Mesto district.

In the first half of 2024, Echo Investment Group successfully implemented its growth strategy, continuing construction projects, selling nearly 900 apartments, and debuting in the private student housing segment. The Group's total assets at the end of June exceeded PLN 6.5 billion (ca. €1.5 billion) with cash reserves surpassing PLN 523 million (ca. €121 million).

The Reico ČS Nemovitostní (RČSN) fund is expanding its investment portfolio. To its commercial real estate portfolio the fund is now adding the first residential rental housing project. 

The share of residential transactions in Prague within total investment volumes has been increasing since 2023, according to Savills' Rental Housing in Prague report. In the first half of 2024, it reached almost 18%, equivalent to €158 million.