News - Local investors dominate Czech market in Q3 2024
21
Nov
2024

Local investors dominate Czech market in Q3 2024

by Property Forum
The total investment volume in the Czech Republic for the first three quarters of 2024 has exceeded the €1 billion threshold, reveals a regular quarterly survey published by Colliers. Approximately half of the properties bought and sold in 2024 are located outside Prague. 
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News - Last chance to fill out our investment trends survey!
21
Nov
2024

Last chance to fill out our investment trends survey!

by Property Forum
Join Property Forum's exclusive investment trends survey to voice your thoughts on crucial topics impacting the investment landscape. From inflation concerns to market expectations, your input will contribute to identifying trends, guiding decisions and shaping the course of the CEE region's investment journey. By sharing your perspectives, you not only contribute to shaping the future of the industry but also stand a chance to secure a free ticket to the highly anticipated CEE Property Forum & Awards Gala 2024 event. 
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News - Czech RE fund reaches €790 million milestone
20
Nov
2024

Czech RE fund reaches €790 million milestone

by Property Forum
INVESTIKA real estate fund has announced exceeding the threshold of CZK 20 billion (€790 million) in the volume of funds from Czech and Slovak investors. 
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News - Pařížská Street in Prague remains in top shopping destinations
20
Nov
2024

Pařížská Street in Prague remains in top shopping destinations

by Property Forum
In this year’s 34th edition of the Cushman & Wakefield Main Streets Across the World ranking, the Czech Republic, represented by Pařížská Street, secured 20th place. For the first time, a European street, Via Montenapoleone in Milan, claimed the title of the world’s most expensive shopping street, surpassing the American Upper 5th Avenue in New York. The most expensive street in Asia is Tsim Sha Tsui in Hong Kong.
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News - Czech industrial market sees strong trend of lease prolongation
20
Nov
2024

Czech industrial market sees strong trend of lease prolongation

by Property Forum
According to Savills' analysis of the industrial real estate market in the Czech Republic, lease renegotiations, or the extension of older lease agreements in existing premises, have become a significant part of the warehouse and manufacturing real estate market. 
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News - Cushman & Wakefield appoints new partner
20
Nov
2024

Cushman & Wakefield appoints new partner

by Property Forum
Jan Čížek, Head of the Retail Warehousing Team with over 15 years of experience in the retail real estate sector, has become a partner at Cushman & Wakefield.
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News - Bucharest-Ilfov sees fewer homes delivered in 2024
20
Nov
2024

Bucharest-Ilfov sees fewer homes delivered in 2024

by Property Forum
Residential deliveries in the Bucharest-Ilfov region were down 23% in the first half of 2024 compared to the same period of last year, according to a report by SVN Romania. The agency estimated last spring that this year could bring the lowest number of new homes delivered in the past five years.
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News - NEPI Rockcastle posts 12.3% growth in net operating income
20
Nov
2024

NEPI Rockcastle posts 12.3% growth in net operating income

by Property Forum
Property group NEPI Rockcastle has posted a 12.3% growth in net operating income to €411 million in the first nine months of 2024 versus the same period of 2023 over higher rents and short-term income. 
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News - Panattoni gets €75 million financing for its park in western Poland
20
Nov
2024

Panattoni gets €75 million financing for its park in western Poland

by Property Forum
Panattoni has been granted a €75 mln loan by Citibank (London Branch). The funds are to finance Panattoni Park Sulechów III.
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News - CTP signs €1.3 billion credit facility
20
Nov
2024

CTP signs €1.3 billion credit facility

by Property Forum
Industrial developer CTP has signed a 5-year €1.3 billion Revolving Credit Facility (RCF), which replaces a previous RCF worth €550 million.
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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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