CPIPG has announced a few changes in its top management. Over the past ten years, the composition of CPIPG’s Board of Directors has evolved to meet the expectations of its international stakeholders and the needs of its expanding business. The Vitek Family Trust (VFT), the Group’s majority shareholder, is actively supporting changes leading to enhanced independence.

Žižkov Station Development, founded by the development company Sekyra Group and České dráhy (the Czech railways), has submitted the planned construction of 3,000 apartments in the area of Prague's Žižkov Freight Station for an environmental impact assessment (EIA), reports newstream.cz.

Panattoni has finalized the sale of one of its Silesian investments. Generali Fond Realit (a part of Generali Group) purchased Panattoni Park Zabrze II on behalf of a fund under its management. The price has not been disclosed.

Budex has opened the building housing the headquarters for its companies GoMobil, Roboton and Terms this autumn in Plana near České Budějovice in South Bohemia. The massing of the building combines a hybrid construction with a reinforced concrete core and CLT wooden elements.

PPF Real Estate Holding has agreed to acquire, for an undisclosed amount, Hilton Prague, a landmark hotel in the Czech capital, from Quinn Group Luxembourg Hotels, represented by the Irish Bank Resolution Corporation.

The new development on the site of Istropolis in Bratislava on the Trnavsky Mýte by Immocap is rapidly approaching construction. The proof is not only the progress in the permitting processes, but also the confirmation of the first key tenant who will occupy one of the office buildings, reports Yimba.sk.

Accolade has received a loan from Česká spořitelna for the refinancing of projects in four industrial parks and new acquisitions, reports E15.cz.

Investment groups SPM and SCF have become the new owners of the Prague office centre Palác Křižík. Both entities have acquired it from the previous owner, the Generali group. 

DL Invest Group has completed the acquisition of a 270,000 sqm brownfield - a production and warehouse complex in Bielsko-Biała. The price is ca €25 million. 

Przystanek Karkonosze, a retail park of 16,000 sqm GLA, is being built in Miłków, a suburb of Karpacz. The facility will be located on Karpacka Street at the intersection of roads leading to Karpacz, Kowary, Szklarska Poręba and Jelenia Góra, forming one of the most attractive retail destinations in the Karkonosze district.