Prague's oldest train station to be rebuilt

17
Jul
2023
News - Prague's oldest train station to be rebuilt #Czech Republic #Prague #railway #reconstruction

by Property Forum | Investment

Správa železnic (Railway Administration) has announced a tender for a contractor who will reconstruct Prague's oldest train station - Masarykovo nádraží - for CZK 3.2 billion (€134.6 million). The idea of the authority is that the contractor should be able to connect the historical spaces with contemporary architecture and at the same time that the comfort for passengers and trains should be significantly increased, according to the report by the Správa železnic.


The most striking urban element in the reconstruction of the Masarykovo nádraží station in Prague will be the platform above the track. This should connect the Florence area with the main railway station for pedestrians, while at the same time providing comfortable and barrier-free access to the individual platforms at the station itself. Construction work will begin at the turn of the year and is scheduled for completion in the first half of 2027. "Masarykovo nádraží already plays a significant role in Prague's suburban transport, with tens of thousands of passengers using it every day. Its reconstruction is part of the modernisation of the line to Kladno with a branch to Václav Havel Airport. Thanks to this connection, the importance of the station will increase significantly," says Jiří Svoboda, Director General of Správa železnic. Work is already in progress between the railway station Praha-Bubny and the future new stop Praha-Výstaviště and on other sections of the route to Kladno.

The modernisation will extend the number of tracks from seven to nine, one new platform will be added and the original ones will be reconstructed. A platform above the entire track will contribute to the urban integration of the station area into the surrounding buildings. It will not only enable a communication link between Florence and Hybernská Street and the Masarykovo nádraží and the main railway station but will also offer a new vestibule for waiting passengers. From there, escalators, stairs and lifts will take them directly to the individual platforms. A part of the platform will be planted with vegetation, creating a quiet zone right in the centre of the metropolis. All six platforms in the station will have barrier-free access. The track and all technologies, catenary and power supply will also be reconstructed. The construction will be carried out during operation, requiring only partial restrictions.

The modernisation and completion of the railway station Prague Masarykovo nádraží is approved for co-financing by the European Union from the Connecting Europe Facility (CEF). The total investment costs amount to almost CZK 4 billion (€168 million).




Latest news


New leases

  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.

New appointments

  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
  • Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.
  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.


Latest news

News - Offices propel Romania's investment market in Q1 2026
19
May
2026

Offices propel Romania's investment market in Q1 2026

by Property Forum
After a period of adjustments, Romania's property market enters 2026 with increased confidence from Romanian investors. These have become a key factor in supporting market liquidity and stability, showing growing interest in income-generating assets, according to a report by CBRE Romania.
Read more >
News - American property investors have yet to arrive in Romania
19
May
2026

American property investors have yet to arrive in Romania

by Property Forum
European investors continue to lead commercial real estate investment across the continent, accounting for 48% of activity in Q1 2026, according to BNP Paribas Real Estate data. American investors follow with 31%, while Asia Pacific investors represent just 7% and Middle Eastern investors 2%.
Read more >
News - Resi sales of new apartments up in Bratislava during Q1 2026
19
May
2026

Resi sales of new apartments up in Bratislava during Q1 2026

by Property Forum
CBRE Slovakia data shows that in Q1 2026, 742 apartments were sold in new Bratislava projects, representing a 17% quarter-on-quarter increase compared to Q4 2025 when 634 apartments were sold. The supply of available apartments rose slightly quarter-on-quarter to 3,922 units across 96 projects, marking a 21% year-on-year increase.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy