PSN has announced the launch of the sale of the first phase of the Brno Jedna residential project near the very centre of Brno. The first two buildings – Neon and Xenon – will offer a total of 188 units.

The share of renegotiations of lease contracts on the Czech office market is increasing, currently hovering at around 50% of all concluded transactions. A growing number of companies are preferably extending their existing lease rather than moving to new premises after their lease expiry, reports Colliers. 

German group ECE has abandoned plans to sell the Brno shopping centre Galerie Vaňkovka, reports E15.cz. 

Since the beginning of March, UDI Group has started demolishing industrial buildings on the Svitavské riverbank in Brno. In their place, the developer is planning to build the Urban Park residential project. 

YIT has announced its record sales in 2024, selling 416 units in connection with the gradual market recovery, representing a more than double increase compared to 2023 with 198 apartments. 

CTP has launched a project for its long-time partner, Hitachi Energy, at CTPark Brno in the Czech Republic. The developer has also revealed its plans for a campus enriching the range of services in the industrial park. 

Companies in regional cities in the Czech Republic have been facing an increasing challenge in finding quality office space, reports the Regional Research Forum. H2 2024 data for Brno and Ostrava shows that a shortage of office space is thus creating pressure on the market and tenants.

The investment group YD Capital and the fund of the international investment company Albatris have joined forces within the framework of the Slavkov Cihelna project in Slavkov near Brno. 

PSN is starting the transformation of the Brno One brownfield in Plynárenská Street this year. In the course of the following years, it is going to turn into a modern urban district combining housing, spaces for work and leisure activities.

Brno has acquired a document essential for the city's development. The new city master plan, which has been in preparation for more than 20 years, has come into force, reports newstream.cz.