News about Real estate

The State Inspectorate for Territorial Planning and Construction (GITPS) urged construction companies to contribute to the demolition of the House of Moscow, either free of charge or for a nominal fee, but there were no willing to do so.

Citizens are exempt from paying contributions to technical standards for the construction of dwellings. They were paid by individuals when erecting individual dwellings.

The government backs the parliamentary initiative on the re-introduction of the minimum rates of the real estate tax, as well as the transfer of the right to local public administration bodies to establish exemptions or exemptions on the payment of real estate tax for certain categories of citizens.

A luxury residential 70-story skyscraper is set to be built in Tbilisi – these are the plans of The Trump Organization, the real estate company of US President Donald Trump’s family.

The flow of foreign capital into Greek real estate has fallen sharply. In 2025, foreign investment fell by 22% and amounted to 2.05 billion euros against 2.75 billion a year earlier. Such data is given by the Bank of Greece.

The State Tax Service reports: almost 10 thousand real estate lease agreements were registered in the first quarter of 2026. This is 31.8% more than in the same period of 2025.

In Moldova, a Council will be created to verify real estate valuation reports and to sanction the specialists who carry it out. The development of such a project was initiated by the Agency of Geodesy, Cartography and Cadastre (AGCC).

Spanish billionaire Amancio Ortega has become the world’s largest real estate owner, amassing a portfolio worth about $25 billion, spanning more than 200 properties in dozens of countries from North America to Asia.

The Parliament building will be transferred to the management of the State Chancellery. The decision is aimed at settling the legal status of the facility and eliminating many years of inconsistencies in the system of state property management.

Moldova needs more than 600 million lei to develop and update normative documents in the construction sector. This was stated by the State Secretary for Urbanism, Construction and Housing of the Ministry of Infrastructure and Regional Development, Veaceslav Shipitca.

The suspension of the Prima Casa program has a negative impact on the construction sector and the population’s access to housing. According to Pavel Postolacchi, the manager of Gonvaro-Con, a significant part of development projects were implemented with loans under this program.

The Information and Security Service (ISS) is planning to procure and install modular huts in Vadul-lui-Voda.

In Germany at the beginning of 2026, the rental housing market has fallen. According to the results of the first quarter, the demand decreased by 3-4%. In annual terms, the decline was more noticeable: in the largest cities of the country it amounted to 14%.

Hotel Zarya is planned to be privatized through an auction with an increased rate.

Recently, the media has been flooded with stories about the real estate market – cautious, with “correction, not a disaster” conclusions.

UPDATED. Citizens living in the state housing stock on the terms of rent will have the opportunity to privatize housing for three more years – until May 31, 2029. The corresponding initiative was considered at a meeting of the parliamentary commission for economy, budget and finance. The document will be sent to Parliament for consideration in the first reading.

A court in New York has ordered the return to the heirs of a painting by Amedeo Modigliani that was lost during the Nazi occupation of France. It is about the painting “Sitting Man with a Cane” of 1918, which for many years was at the center of a complex legal dispute.

The Passivhaus Pilot Mechanism will test a model of financial support for the construction of 10 new Passivhaus (PHI) homes with the prospect of further national expansion.

Guarantees on loans taken out by homeowners’ associations for energy saving projects can cover more than 90% of their cost.

The real estate market in Bulgaria in early 2026 began to slow down after a rapid growth in 2025. Experts talk about the transition from investment frenzy to a calmer and more rational phase.