ARTICLES LABELLED WITH TAG Brno

News PSN to turn Brno brownfield site into multifunctional complex
30
Jun
2023

PSN to turn Brno brownfield site into multifunctional complex

by Property Forum
PSN is opening up the brownfield site in Plynárenská Street in Brno to the public, which is being transformed into the "Brno Jedna" project. The company plans to organise small cultural and social events in the area, as well as the possibility of private renting of space. The developer is also leasing the existing office space, which is currently 60% occupied. Construction, which will include both apartments and new commercial units, will begin after all necessary permits have been processed. The approval process is expected to start this year. The company's goal is to revitalize the site overall so that it can offer a pleasant place to work, live and gather not only for local residents but also for the general public.
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News Stannah expands production at CTPark Brno Líšeň
27
Jun
2023

Stannah expands production at CTPark Brno Líšeň

by Property Forum
Stannah Stairlifts Limited, which has been helping disabled people to remain independent for more than 150 years and is a world market leader in the supply of stair lifts, moved in March to larger production premises in CTPark Brno Líšeň, where it leases more than 6,000 sqm. This is not the end of the expansion, however, as the company plans to move all their European rail production to Brno in the coming year, in order to provide faster and more flexible deliveries to European customers.
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News DRFG to build multifunctional complex in Brno
07
Jun
2023

DRFG to build multifunctional complex in Brno

by Property Forum
Investment group DRFG has announced the acquisition of the new multifunctional development project Tři Dvory, with a market value of CZK 1 billion (€42.3 million). The project will be located on the site of a former royal mill on the outskirts of Újezd u Brna, in close proximity to the Stara Hora vineyards. Construction is due to start in spring 2024 and final completion is planned for spring 2026. 
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News Average price of older Czech flats falls 9% year-on-year
25
Apr
2023

Average price of older Czech flats falls 9% year-on-year

by Property Forum
The average price of older flats in the Czech Republic fell by nine percent year-on-year to CZK 82,351 per sqm (€3,510 per sqm), which brought an overall increase in sales by two-thirds compared to the previous year. However, Prague has seen the fewest sales of older apartments in four years. According to ČTK and HN.cz, this is the result of a study by the real estate group European Housing Services (EHS), which uses data from its founding members, Bezrealitky and Maxima Reality.
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News Czech flex office market continue to grow
11
Apr
2023

Czech flex office market continue to grow

by Property Forum
At the beginning of the pandemic, it seemed that many coworking centres or serviced offices could not survive the measures implemented under the Covid-19 pandemic. Shared workspaces, whose philosophy is based on meeting, personal communication, and collaboration, were hit hard by governmental restrictions. But a December analysis by JLL shows promising results; with the retreat of anti-pandemic measures, most coworking and serviced office operators have already felt a new wave of interest, and 2022 has confirmed this trend.
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News Office markets outside Prague struggle with rising vacancies
05
Apr
2023

Office markets outside Prague struggle with rising vacancies

by Property Forum
Despite significantly lower prices than in the capital, markets for offices in Brno and Ostrava are struggling with rising vacancies. Other regional markets, however, now offer opportunities for developers, investors or serviced office providers, thanks to the potential of the Hub & Spoke concept. The latter centres around a strategy where companies reduce the size of the main office and then supplement it with smaller spaces in different locations. Alongside that, there is the Flex & Core office space usage concept, which combines a smaller main office with a membership of one or more co-working centres. These options to curb office vacancies are mentioned in a recent survey by Colliers.
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News Trikaya Fund invests in residential project in Brno
14
Mar
2023

Trikaya Fund invests in residential project in Brno

by Property Forum
Trikaya Investment Fund is changing its strategy to ensure stable returns for its investors and it is now adding residential projects to its portfolio. The first is the Brno project Čtvrť Pod Hády by the Trikaya development group of the same name. The estimated value of the entire project is more than CZK 4 billion (€168.5 million), writes e15.cz.
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News Brno's office market is in a stage of uncertainty
02
Mar
2023

Brno's office market is in a stage of uncertainty

by Property Forum
Demand for office space in Brno is changing, companies are more reserved towards commitments due to higher costs. New construction will bring additional metres to the market, which, together with the tenants’ behaviour, will gradually decrease its absorption. Vacant meters will be filled gradually and slowly, which could be fuelled by the arrival of more international companies, says Cushman & Wakefield´s analysis.
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News Domoplan to build 400-flat residential project in Brno
22
Feb
2023

Domoplan to build 400-flat residential project in Brno

by Property Forum
Brno-based developer Domoplan will start to build over 400 flats in a new residential area in Brno next year. The Brixx project will offer housing for around 1,000 people and will cost around €169 million, the developer announced, according to a report by ČTK.
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News Manufacturing and IT companies drive demand for Brno offices
08
Feb
2023

Manufacturing and IT companies drive demand for Brno offices

by Property Forum
The second half of 2022 has brought 33,000 sqm of office space to the Brno office stock up to the final of 664,400 sqm. There were five new office buildings that were completed and six more are under construction now. At this moment, Ostrava has only one project under construction with the completion scheduled for 2023, says the Regional Research Forum in its latest report on H2 2022.
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Latest news


New leases

  • The company PKB Inwest Budowa has announced that the retail chain Lidl Polska will be a tenant of the newly developed Retail Park in Garwolin. The investment will include the construction of 3 buildings with a total area of 11,045 sqm. GLA. One of of them with an area of over 2,100 sqm will be occupied by a Lidl Polska shop.
  • Peek & Cloppenburg has chosen the Szczecin Galaxy shopping centre to make its debut in West Pomerania in Poland. The brand's only shop in this part of the country will be almost two thousand square metres in size.
  • The Enel-med clinic chain is opening two new outlets in Wrocław: 510 sqm in Sagittarius Business House and 1,374 sqm in the Infinity office building.

New appointments

  • Angelika Majkowska has taken up the position of HR director at Apsys Poland. Angelika, who has been with the company since 2013, will be responsible for complex HR policies in an organisation with a structure involving more than 19 teams in various locations.
  • Filip Krstičević is joining iO Partners in Zagreb as Regional Manager, focusing on leasing and land deals across the region. With a strong track record of acquiring land sites and developing residential and commercial properties in both Croatia and Australia, Filip is well placed to support international investors entering the Croatian market.
  • The Management Board of Globe Trade Centre S.A. has announced that on 18th of March, 2024 the company accepted Barbara Sikora's decision to resign from the company's authorities.

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