ARTICLES LABELLED WITH TAG Brno

News Crestyl stays active on the acquisition front
08
Feb
2021

Crestyl stays active on the acquisition front

by Ákos Budai
Czech developer Crestyl Group is the process of developing a number of large-scale mixed-use projects in the capital and beyond. Omar Koleilat, CEO of the company talked to Property Forum about Crestyl’s development plans and shared his expectations for the Czech investment market in 2021.
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News Mint Investments makes first purchase for new resi fund
17
Nov
2020

Mint Investments makes first purchase for new resi fund

by Property Forum
Mint Investments has established a new real estate fund which will target people interested in investing in the resi-for-rent sector. MINT rezidenční fond SICAV plans to acquire rental residential buildings in large Czech cities, mainly in Prague and Brno. The fund completed its first €19 million (CZK 500 million) acquisition in the country’s second-largest city – Mint Living Brno Campus comprises 120 apartments as well as office and retail space.
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News Local investors acquire Brno shopping centre
24
Sep
2020

Local investors acquire Brno shopping centre

by Property Forum
Czech investment group Portiva and Micronix have acquired the Central Kladno shopping centre in Brno from Crestyl for approximately €74.8 million (CZK 2 billion).
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News Brno’s office market to see further supply growth in 2020
09
Sep
2020

Brno’s office market to see further supply growth in 2020

by Property Forum
With over 42,000 sqm of modern office space due for completion in 2020, Brno should receive one of the biggest additions of office space in recent years. Ostrava, on the other hand, hasn’t seen supply growth in several quarters and currently, there are no new office buildings under construction in the city. Colliers International has published its regional office market overview of the Czech Republic for H1 2020, focused on Brno and Ostrava.
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News CTP to reduce waste generation at Brno office complex
10
Aug
2020

CTP to reduce waste generation at Brno office complex

by Property Forum
CTP will modernise the Spielberk office complex near the Brno city centre. The aim is to lower energy consumption and ultimately reduce the carbon footprint of the site. CTP is investing almost €1.5 million (CZK 40 million) into modernising the energy system.
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News CTP builds for Czech online grocer in Brno
27
Mar
2020

CTP builds for Czech online grocer in Brno

by Property Forum
Online grocer Rohlik.cz has expanded its footprint in Brno with the lease of a custom-built, 8,000 sqm facility at CTPark Brno Líšeň. The expansion comes as the company has outgrown its existing 4,000 sqm premises at CTPark Brno. The new facility will double the company’s current footprint and will include both warehousing and production areas. Move in is on schedule for September 2020.
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News Prague’s office market continues to cool down
27
Feb
2020

Prague’s office market continues to cool down

by Property Forum
Office take-up in Prague has been slowly decreasing since 2017, cooling down further last year. Companies relocate or expand less often and increasingly more of them prefer to stay in their current location. Compared with earlier years, the share of major transactions in excess of 3,000 sqm was lower last year. The situation is not dramatic, however, as area absorption remains relatively high. This development can affect rents, though – their current amount will become untenable. By contrast, Brno saw a record-breaking increase in take-up and a strong share of major transactions last year, with rent amounts increasing as well, according to Cushman & Wakefield’s report.
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News Strong demand for Brno offices
07
Feb
2020

Strong demand for Brno offices

by Property Forum
In H2 2019, gross take-up on the Brno office market reached 54,600 sqm (up by 303% y-o-y), whereas in Ostrava gross take-up reached 4,100 sqm, representing a y-o-y decrease of 41%. The Regional Research forum announced the Brno and Ostrava office market figures for H2 2019.
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News Panattoni builds for DHL Express at Brno’s airport
27
Nov
2019

Panattoni builds for DHL Express at Brno’s airport

by Property Forum
DHL Express has leased a modern hall with a total area of 3 700 sqm at Brno’s airport. The construction, which should be completed in Q1 2020, will be carried out by Panattoni Europe.
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News Peakside Capital completes renovation of Brno building
20
Nov
2019

Peakside Capital completes renovation of Brno building

by Property Forum
Peakside Capital has completed the comprehensive refurbishment of a recently purchased mixed-use property in Brno. The building has been rebranded to Centrum Vídeňská and has been given a new logo. The renovation mainly focused on improving the quality of the common areas.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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