German Consumption Exceeds Ecological Limits as Climate Concerns Rise Across Generations

Germany’s consumption patterns continue to exceed key ecological thresholds despite gains in production efficiency and environmental standards, according to new research published by the German Institute for Economic Research (DIW Berlin). The findings form part of the institute’s ongoing work on the country’s social-ecological transformation and highlight growing public concern over climate change across all age groups.

The research, published in the latest DIW weekly report, concludes that Germany has consistently surpassed several “planetary boundaries” since the mid-1990s. These boundaries represent the ecological limits within which human activity can remain sustainable without destabilising the Earth’s systems.

The study assessed the environmental impact of German consumption across global supply chains in seven categories. According to the analysis, Germany has exceeded sustainable thresholds in six of them: climate change, fine particulate pollution, land use, fossil and mineral resource consumption, and photochemical ozone formation. Water use remains within the accepted limit, although researchers noted that conditions have deteriorated over time.

Kristin Trautmann from DIW Berlin’s Macroeconomics Department described the findings as “sobering”, warning that current consumption levels are “not sustainable in the long term”.

The report argues that improvements in domestic production efficiency have been outweighed by rising overall consumption. Researchers also pointed to the growing environmental burden generated outside Germany through imported goods and international supply chains.

According to the study, a substantial share of the ecological footprint linked to German consumption now occurs abroad, where raw materials are extracted and products are manufactured. Researchers therefore argue that environmental policy must move beyond production-focused measures and place greater emphasis on consumption patterns and supply chain transparency.

Sonja Dobkowitz, also from the Macroeconomics Department, said that technological innovation alone would not be sufficient to reduce environmental pressures sustainably. She noted that without addressing rising consumption and global production dependencies, environmental impacts would remain elevated despite efficiency gains.

The report recommends stronger regulation of international supply chains, improved environmental indicators and policies designed to encourage more sustainable forms of production and consumption.

Alongside the consumption study, DIW Berlin also examined attitudes towards climate change in Germany between 2009 and 2023 using data from the Socio-Economic Panel (SOEP). The research found that climate-related concerns have increased steadily across all age groups since 2013.

The study challenges the perception that public attention towards climate change weakened during the Covid-19 pandemic or following the energy crisis linked to the war in Ukraine. Franziska Holz, Deputy Head of DIW Berlin’s Energy, Transport and Environment Department, said the findings indicate that climate change has remained a major public concern despite competing crises dominating political debate.

While younger generations continue to show higher overall concern levels, the study found that climate anxiety rises with age within every generation and reaches its highest level among people over 80. Researchers suggest this may be linked to older generations having directly observed environmental and climatic changes over their lifetimes.

The analysis also found that concern over climate change increases significantly during periods marked by extreme weather events and heightened public debate, such as in 2019. Laura Schmitz from DIW Berlin’s Energy, Transport and Environment Department said individuals who are concerned about climate change are generally more willing to support climate protection policies and adapt their own behaviour.

Researchers concluded that the broad societal concern over climate change provides policymakers with greater scope to implement ambitious climate measures. However, the report stressed that public support depends on policies being socially balanced and not disproportionately burdening households, particularly lower-income groups.

The authors also recommended that climate policy communication and participation initiatives should target older generations as well as younger people, reflecting the widespread nature of climate concerns across German society.

Blue Bolt expands mobile access systems across nearly 800 buildings

Polish proptech company Blue Bolt is continuing to expand its mobile access control systems across office, residential and mixed-use properties, with its technology now operating in nearly 800 buildings and supporting more than 15,000 devices.

The company’s solutions, which allow users to access buildings and shared spaces via smartphones instead of physical cards or keys, have been implemented across a range of asset types in Poland and selected international markets. According to the company, the systems currently support tens of millions of user authorisations.

Blue Bolt first gained visibility in the office sector through projects delivered with Globalworth Poland, including the Podium Park office complex in Kraków. The scheme comprises two office buildings offering approximately 55,400 sqm of leasable space and holds BREEAM Outstanding certification.

As part of the implementation, Blue Bolt integrated its technology into the Globalworth App platform, enabling tenants to use mobile credentials instead of access cards. The system was designed to work with existing access control infrastructure without requiring full replacement of installed systems.

The rollout later expanded to other Globalworth assets in Warsaw, Katowice, Kraków and Wrocław, including Spektrum Tower, Warsaw Trade Tower, Silesia Star and Renoma.

“A modern office is, above all, an efficient work tool. We’re seeing a clear shift in the way buildings are used – mobile access is no longer an innovation, but a natural element of infrastructure,” said Robert Pysiak, Head of IT & Technology at Globalworth Poland.

“In the office real estate segment, it’s now a key solution that responds to growing user expectations for convenience and efficient space management.”

Blue Bolt has also expanded into residential and mixed-use projects. One of the implementations was carried out at the River Point development in Wrocław, where residents can use smartphones for access to staircases and garages, alongside integrations with systems including CCTV and licence plate recognition.

According to Maciej Grabowski, founder of Blue Bolt, sustainability considerations are increasingly influencing adoption of digital access systems.

“Modern buildings must meet not only comfort requirements, but also sustainability. Mobile access in building architecture allows for the reduction of plastic and paper, while also providing safer, faster control – a benefit for users and the environment,” Grabowski said.

The company has also deployed its systems within coworking environments through cooperation with Adgar Poland and the Brain Embassy flexible office network, allowing members and tenants to enter buildings using smartphones while enabling operators to manage access remotely.

Blue Bolt says interest in mobile access systems is also increasing among residential developers and warehouse operators, reflecting broader demand for automated and centrally managed building services.

“The commercial real estate market expects innovations that will set buildings apart from the competition,” Grabowski added. “Mobile access control not only increases the attractiveness of investments but also facilitates the management of multiple locations from a single panel.”

Zygmunt Hryniewicz, Growth & Sales Lead at Blue Bolt, noted that demand is not limited to newly completed projects.

“We are increasingly approached by administrators of projects that are only two or three years old but already require an improved common space management system. This demonstrates how rapidly user expectations are changing,” he said.

The company stated that its systems are currently deployed across office buildings, residential projects, medical facilities and other commercial properties. Industry forecasts cited by Blue Bolt indicate continued growth in the global mobile access and access control markets over the coming years.

Polish retail spending rises as shopping centres face growing competition from online and local formats

Consumer spending in Poland continued to grow in March, although the benefits were unevenly distributed across retail formats, according to new data released by the Retail Institute.

The report points to a broader structural shift in the Polish retail market, with e-commerce and high street locations gaining market share while shopping centres and retail parks experienced weaker performance.

The Retail Institute said total shopper spending across all retail channels increased by 11.1 percent year-on-year in March. The number of transactions rose by 6.7 percent, while shopper numbers increased by 9.9 percent. The findings broadly align with recent data from Poland’s Central Statistical Office (GUS), which reported retail sales growth of 8.7 percent during the same period.

Online retail remained the strongest-performing channel. According to the Institute, customer spending in e-commerce increased by 25.6 percent year-on-year in March, supported by a 19 percent rise in both shopper numbers and transaction volumes.

High street retail also recorded positive results. Spending in commercial street locations increased by 14.4 percent, while transaction volumes and shopper numbers rose by 11.1 percent and 15.5 percent respectively. The report suggests that part of urban consumer spending is increasingly shifting toward neighbourhood-based retail and service formats rather than traditional enclosed shopping centres.

By contrast, retail parks and shopping centres recorded weaker results during the month. Spending in retail parks declined by 9.8 percent year-on-year, while shopping centres saw a 6.9 percent decrease. Both formats also experienced lower shopper traffic and transaction volumes.

At the same time, shopping centres continued to generate higher-value purchases. Average transaction values in shopping centres increased by 2.7 percent, while spending per customer rose by 3 percent, indicating that consumers visiting malls may be making fewer but larger purchases.

Anna Szmeja, President of the Retail Institute, said the results reflect increasing market maturity and changing consumer behaviour.

“In the saturation phase, the market does not offer the same growth potential to all retail formats and channels,” Szmeja commented. “Today, it is no longer enough to analyse footfall and turnover alone. The industry needs to better understand the role of shopping centres within the broader urban ecosystem.”

The Institute said it has shifted its analytical focus away from traditional shopping-centre-only indicators and now analyses transaction data across multiple retail channels, including e-commerce, high streets, shopping centres and retail parks. According to the organisation, its database includes more than 500 million transactions from over 2,100 retail locations across Poland.

The findings contrast with some other market reports, which have indicated that shopping centres in Poland continued to record stable or modestly positive footfall growth during the first quarter of 2026. However, the differing conclusions may reflect varying methodologies, with the Retail Institute comparing shopping centres against the wider retail market rather than measuring performance solely within the mall sector itself.

Despite softer March figures, retail parks remain one of the most active development segments in Poland’s retail property market, supported by lower operating costs, convenience-led formats and continued expansion into regional cities.

The report nevertheless highlights the growing fragmentation of consumer spending patterns and the increasing pressure on traditional retail assets to adapt to changing shopping habits, omnichannel retail strategies and evolving urban lifestyles.

Polish Regional Office Markets See Lower Leasing Activity in Q1 2026

Regional office markets across Poland recorded slower leasing activity in the first quarter of 2026, while new office supply remained limited, according to data from AXI IMMO.

At the end of March, the total stock of modern office space across the country’s eight main regional markets; Kraków, Wrocław, the Tri-City, Katowice, Poznań, Łódź, Lublin and Szczecin, reached more than 6.76 million sqm. Kraków remained the largest regional office market with 1.85 million sqm, followed by Wrocław with 1.36 million sqm and the Tri-City with 1.07 million sqm.

Developers completed five office schemes during the quarter, delivering a combined 47,200 sqm of new space. Major completions included Swobodna SPOT in Wrocław with 14,600 sqm, Punkt in Gdańsk with 12,700 sqm and Fabryczna Office Park B7 in Kraków with 8,400 sqm. According to AXI IMMO, development activity remains selective and concentrated on projects aligned with current occupier demand.

“Data for the first quarter of 2026 show that regional office markets are entering the year with limited new supply but still relatively high levels of available space. An elevated vacancy rate intensifies competition between buildings and requires greater flexibility for landlords,” said Emilia Trofimiuk, Research Manager in the Research and Analysis Department at AXI IMMO.

Vacancy levels continued to rise slightly during the quarter. Around 1.18 million sqm of immediately available office space was on the market at the end of March, resulting in an average vacancy rate of 17.4 percent. This represented an increase of 0.5 percentage points quarter-on-quarter, although vacancy was marginally lower year-on-year.

Katowice and Wrocław recorded the highest vacancy rates at 22.1 percent and 22 percent respectively, while Szczecin had the lowest availability level at 7.9 percent.

Tenant activity slowed significantly during the quarter. Total leasing volume reached 121,500 sqm, down 51 percent compared with the previous quarter and 30 percent lower year-on-year. The Tri-City generated the highest take-up at 49,500 sqm, followed by Wrocław with 25,500 sqm and Kraków with 16,700 sqm.

“The decline in leasing volume on both a quarterly and annual basis confirms that tenants are approaching decision-making with greater caution. We observe a clear concentration of demand in prime locations and projects offering high-quality and competitive occupancy costs,” said Karolina Słysz, Head of Regional Markets, Office Agency, at AXI IMMO.

New leases accounted for 51 percent of total take-up during the quarter, while renewals represented 37 percent. Expansions made up 11 percent of leasing activity and owner-occupier deals accounted for the remaining 1 percent.

“The sustained predominance of new leases within the take-up structure indicates that some companies remain actively engaged in office searches, although decision-making processes are now longer and more selective. Tenants are placing increasing emphasis on location, building standards and operating expenses,” added Emilia Trofimiuk.

Among the largest transactions completed during the quarter was the renewal of a 13,000 sqm lease by an undisclosed business services company in two buildings at the Business Garden complex in Wrocław. Another major deal involved Adtran renegotiating a 6,800 sqm lease in the Tensor Y building in Gdynia.

Karolina Słysz said high vacancy levels, particularly in older office buildings, are expected to support further lease renegotiations in the coming quarters, while newer and more efficient office projects should continue to attract tenant demand.

AXI IMMO noted that the regional office sector remains in a period of adjustment, characterised by limited new supply, elevated vacancy and more selective occupier activity, increasing competition among landlords across Poland’s regional cities.

HIH Invest Acquires Mixed-Use Property in Landau from Schroders

HIH Invest has acquired the mixed-use property Maxi34 in Landau in der Pfalz, Germany, from Schroders Capital for a real estate special fund. The parties agreed not to disclose the purchase price.

The property, located at Maximilianstraße 32-34, comprises a total lettable area of 3,979 square metres and is fully leased on a long-term basis. Originally constructed in 1998, the building underwent a modernization and extension in 2021, when two additional floors were added.

The ground floor, offering 2,079 square metres of retail space along with 180 outdoor parking spaces, is leased to Aldi Süd. The upper floors provide 1,900 square metres of residential accommodation operated by Studierendenwerk Vorderpfalz, which manages a student residence with 34 apartments and capacity for 65 students. The scheme includes single, double and triple apartments, as well as barrier-free and parent-child units.

Henriette Benassi, Head of Transaction Management Social & Healthcare at HIH Invest, said the acquisition offered investors a resilient mixed-use asset with additional sustainability potential. She noted that future ESG measures could include the installation of photovoltaic systems, LED lighting upgrades, smart meters, green roofing solutions and the use of waste heat to improve the building’s environmental performance.

Currently, the retail areas are heated using gas, while the residential units combine gas heating with heat pump systems. According to the city’s heating strategy, the property could be connected to district heating from 2030 onward. Two parking spaces are already equipped with electric vehicle charging stations.

Nils Heetmeyer, Managing Director at Schroders Real Estate, said the transaction underlined continued investor demand for high-quality mixed-use properties with stable cash flows, despite ongoing macroeconomic challenges.

Landau in der Pfalz has a population of around 49,000 and is forecast to grow by approximately 4 percent by 2040. More than 7,500 residents are students, representing over 15 percent of the town’s population. The property is centrally located on Maximilianstraße, approximately 1.5 kilometres from the university campus, which can be reached by bicycle in around five minutes.

Aldi has operated at the location for more than 20 years and benefits from the nearby presence of other major food retailers including Kaufland and Lidl.

Heuking Kühn Lüer Wojtek advised HIH Invest on legal and tax matters, while CASE Real Estate conducted the technical and ESG due diligence. Schroder Real Estate KVG was advised by BNP Paribas Real Estate and DLA Piper during the sales process.

Skanska Reports Stable Q1 2026 Performance Despite Market Uncertainty

Swedish construction and development group Skanska reported stable first-quarter results for 2026, supported by resilient infrastructure demand, strong activity in Central Europe and continued momentum in advanced technology-related construction projects.

The company posted revenue of SEK 38 billion for the first quarter, compared with SEK 42.3 billion a year earlier. Adjusted for currency effects, revenue declined by 1 percent, while operating income increased 18 percent in local currencies to SEK 1.1 billion. Earnings per share rose slightly to SEK 2.42 from SEK 2.40.

Construction remained the dominant contributor to the group’s business, accounting for 84 percent of revenue on a rolling 12-month basis. The division generated operating income of SEK 1.1 billion with a 3 percent operating margin, while the rolling 12-month margin reached 4.2 percent, above the company’s long-term target of 4 percent.

Skanska highlighted continued strength in infrastructure and technology-related projects, particularly in the United States. During the quarter, the company secured major contracts including a SEK 3.4 billion office development in London for British Land and GIC, a SEK 2.9 billion bridge project for the California Department of Transportation, as well as several data centre and semiconductor facility assignments in the US.

The order backlog in Construction increased to SEK 267.5 billion, equivalent to 19 months of production, reflecting sustained demand for infrastructure and technology-linked facilities. The rolling 12-month book-to-build ratio stood at 107 percent.

In Residential Development, Central Europe delivered strong sales and profitability, supported by resilient housing markets in Poland and Czechia. Skanska launched a new residential project in Prague during the quarter and acquired additional land in Warsaw as part of efforts to replenish its development pipeline.

The residential division generated operating income of SEK 92 million, up from SEK 63 million a year earlier, while the operating margin improved to 6.6 percent from 4.2 percent. However, Nordic residential markets remained subdued due to weaker consumer demand and slower sales activity.

Skanska’s Commercial Property Development business also returned to profitability. The company divested two projects during the quarter, including one in Romania and another in Sweden. Operating income improved to SEK 71 million compared with a loss of SEK 100 million in the corresponding period last year.    

The company stated that estimated market value at completion for its commercial property portfolio reached SEK 50 billion, representing unrealized gains of approximately SEK 4.9 billion. Four previously sold projects were handed over to buyers during the quarter.

Investment Properties remained stable, with the portfolio valued at SEK 8.3 billion and an economic occupancy rate of 84 percent. Skanska reiterated its ambition to expand this portfolio to between SEK 12 billion and SEK 18 billion, focusing on sustainable office assets in Sweden’s largest cities.

Chief Executive Anders Danielsson said the group entered 2026 with a “robust balance sheet” and a clear commercial focus, although geopolitical developments in the Middle East were creating uncertainty around inflation, energy prices and construction input costs. He noted that Skanska had not experienced material supply chain disruptions during the quarter but continued monitoring the situation closely.

The company also reported continued progress on sustainability targets. Combined scope 1 and 2 carbon emissions declined to 137,000 tonnes on a rolling 12-month basis, representing a 66 percent reduction compared with 2015 levels. Renewable electricity usage across the group reached 100 percent.

Despite a negative operating cash flow of SEK 1.3 billion during the quarter, mainly linked to investments in Residential Development, Skanska maintained a strong financial position with adjusted interest-bearing net receivables of SEK 9.5 billion and available liquidity of SEK 27.7 billion.    

The company also announced the sale of its 50 percent stake in the I-4 Ultimate project in Orlando, Florida, for approximately USD 75 million, with the transaction expected to be recorded in the second quarter of 2026.

Source: Skanska

7R Begins Construction of Large-Scale Logistics and Technology Hub in Kraków

7R has started development of the 7R Hub Nowa Huta logistics and technology complex in Kraków, a project that will provide approximately 230,000 sqm of logistics, production and technology space upon completion.

The development is being delivered within the Ruszcza Logistics and Industrial Centre as part of the broader “Kraków – Nowa Huta Przyszłości” regeneration programme focused on transforming post-industrial areas in the eastern part of the city.

A cornerstone-laying ceremony for the project was attended by Aleksander Miszalski, Mayor of Kraków, Wojciech Warian, CEO of Kraków Nowa Huta Przyszłości, and representatives of 7R including CEO Andrzej Wroński and founder Tomasz Lubowiecki.

According to 7R, lease agreements for tens of thousands of square metres had already been signed before construction began.

The site is located near national road 79 and the planned S7 expressway junction, providing access to Kraków city centre and regional transport infrastructure.

“7R Hub Nowa Huta is a project that significantly strengthens the economic potential of Kraków’s eastern districts,” said Mayor Aleksander Miszalski.

“It demonstrates that urban growth can effectively combine the attraction of modern investments with the revitalisation and reuse of post-industrial land,” he added.

The project is intended to support logistics, manufacturing and technology occupiers. According to 7R, the development will include infrastructure prepared for automation systems alongside energy-efficiency and sustainability measures.

“7R Hub Nowa Huta is the largest project in our portfolio and a perfect reflection of 7R’s approach to delivering modern commercial assets,” said Andrzej Wroński, CEO of 7R.

“Today, a warehouse is far more than just space – it is a place where business grows, an entire ecosystem,” he added.

The complex will incorporate photovoltaic systems, heat pumps, ventilation units with heat recovery and intelligent building management technologies. 7R also plans to integrate energy storage and on-site renewable energy generation systems.

Environmental measures planned for the site include land revitalisation, planting of more than 2,200 plants supporting biodiversity, approximately 10 hectares of afforestation, rain gardens, wildflower meadows and cycling infrastructure.

The developer said the project is targeting BREEAM Excellent environmental certification.

Czech Economists Warn of Renewed Inflation Risks and Growing Housing Pressure

Rising geopolitical tensions, persistent inflation risks and worsening housing affordability were among the main concerns raised during a panel discussion organised by Association for Real Estate Market Development (ARTN) focused on the outlook for the Czech economy and property market.

The debate brought together leading Czech economists, including Jan Bureš from ČSOB, Petr Dufek from CREDITAS Bank and Jaromír Šindel of the Czech Banking Association.

According to the participants, the Czech economy is entering a period of increased uncertainty driven by external geopolitical pressures, energy market volatility and structural imbalances in the housing sector.

Economists highlighted the Middle East situation and risks to global energy supply chains as one of the main inflationary threats. They warned that disruptions linked to oil transport and commodity markets could feed through into transport, manufacturing and consumer prices across Europe.

“Geopolitical tension can act as a trigger for a new inflationary wave. It is not just about oil prices, but the entire chain of impacts – from production to transport to final prices for consumers,” said Petr Dufek, Chief Economist at CREDITAS Bank.

While inflation in the Czech Republic has moderated in recent months, economists cautioned that price growth could accelerate again next year, potentially exceeding 3%.

Analysts also warned about the risk of stagflation, a scenario combining weaker economic growth with rising prices.

“Geopolitical shocks are typically stagflationary in nature – they push prices up, but at the same time they hamper economic activity. This is a very unpleasant combination for economic policy,” said Jan Bureš, Chief Economist at ČSOB.

Housing affordability was identified as one of the country’s most pressing structural problems. Economists noted that property prices have continued to outpace household income growth over a long period, making home ownership increasingly difficult for middle-income households.

According to the speakers, many households are no longer able to finance the purchase of a standard apartment without taking on significant financial strain.

“Real estate prices have been growing faster than incomes in the long term. This is a structural problem that will continue to deepen without fundamental changes on the supply side,” said Jaromír Šindel, Chief Economist at the Czech Banking Association.

Although the Czech mortgage market has shown signs of recovery, economists said this alone would not resolve affordability challenges unless housing supply increases significantly.

“The recovery of mortgages in itself does not solve the affordability problem. If the housing supply does not increase, the pressure on price growth will continue,” Šindel added.

The discussion also focused on rising construction costs, with economists pointing to delayed impacts from higher energy prices on building materials and industrial production.

“Expensive energy is reflected in the prices of building materials with a delay, but their impact in the economy persists all the longer,” Bureš said.

Beyond the domestic market, economists warned that Europe faces a number of longer-term structural challenges, including energy dependence, higher defence spending requirements and reliance on imported strategic resources.

“Europe will have to address its own structural weaknesses. Without this, it will be difficult to return to dynamic growth,” Dufek concluded.

Panattoni Sells Automated Auchan Distribution Facility Near Warsaw to CORUM XL

Panattoni has completed the sale of an automated e-grocery distribution centre near Warsaw leased to Auchan. The buyer is CORUM XL, a fund managed by CORUM Asset Management.

The build-to-suit logistics facility is located in Wilcza Góra near Warsaw and provides approximately 18,300 sqm of space. The property serves as Auchan’s national hub for online grocery operations in Poland and is leased under a 15-year agreement.

The acquisition price totalled €30.2 million.

The facility operates using the Ocado Smart Platform, an automation system used in grocery logistics operations. The building includes robotics systems, multiple temperature-controlled zones and infrastructure designed to support automated distribution processes.

“The logistics sector is entering a new phase. It is driven by automation, e-commerce, and supply chain resilience,” said Marek Dobrzycki, Partner at Panattoni.

“Poland remains one of the key markets in Europe, characterised by strong occupier demand and growing investor confidence. Projects such as this one – highly specialised, technology-driven, and secured by long-term leases – are exactly what the market is looking for today,” he added.

According to Panattoni, the distribution centre supports the processing of a large volume of grocery orders and provides ambient, chilled and frozen storage areas.

The scheme is located within Warsaw’s logistics corridor with access to major transport infrastructure and a large regional consumer base, supporting both last-mile and national distribution operations.

“The sale of the Auchan BTS asset confirms that investors are increasingly focusing on highly specialised, technology-driven logistics properties that combine long leases with strong tenant covenants,” said Michał Stanisławski, Co-Head of Capital Markets Poland at Panattoni.

“Such assets offer resilience and long-term value in a market that is entering a new phase of growth,” he added.

Panattoni said investor demand continues to focus on logistics assets connected to e-commerce, automation and supply chain operations across the European market.

UniCredit Bank Partners with All New Development on Prague Residential Scheme

UniCredit Bank has entered into a cooperation agreement with All New Development for the Vila ROQUE residential project in Prague 6.

The boutique residential development is planned in the Břevnov district between Ladronka Park and the Břevnov Monastery, an established residential area in the Czech capital. Construction is scheduled to begin in the second quarter of 2026, with completion expected by the end of 2027.

Vila ROQUE will comprise six residential units ranging in size from 150 sqm to 260 sqm. According to the developer, the project has been designed with a focus on privacy, architecture and connections between indoor spaces and surrounding greenery.

The scheme follows All New Development’s earlier residential project in Prague 6, Vila Na Petřinách 7, completed in 2020.

“We are very happy to return to the location of Prague 6, we perceive it as one of the most attractive parts of the city. Our goal is for the new Vila ROQUE project to be at least as successful as Vila Na Petřinách 7 was in 2020,” said Jiří Šalda, owner of All New Development.

As part of the partnership, UniCredit Bank will provide financing services for future buyers, including mortgage lending and private banking solutions tailored to clients purchasing within the project.

“Our goal is not a one-time transaction, but a long-term partnership. We offer clients of the Vila ROQUE project an individual approach, maximum discretion and comprehensive financial services corresponding to their lifestyle and needs,” said Štěpán Nývlt, Director of Private & Wealth at UniCredit Bank.

According to the companies, the cooperation is intended to combine residential development with personalised financial services aimed at buyers in the premium housing segment.

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