ARTICLES LABELLED WITH TAG Central Group

News Developments on brownfields in Prague bring thousands of new apartments
19
Aug
2025

Developments on brownfields in Prague bring thousands of new apartments

by Property Forum
Abandoned industrial areas and railway stations in Prague are being transformed into modern districts for tens of thousands of residents. These are the five largest projects under construction in the metropolis, reports seznamzpravy.cz.
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News Struggling permitting process damages Czech economy
11
Aug
2025

Struggling permitting process damages Czech economy

by Property Forum
Digitalisation of the construction permitting process has proven to be a significant obstacle to the development of cities and municipalities, according to the recent CEEC Research survey. In practice, it is still not working as expected. On a scale from 0 (completely non-functional) to 10 (fully functional), city representatives have given the system an average score of 3.40.
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News Resi prices in Prague continue rising
21
Jul
2025

Resi prices in Prague continue rising

by Property Forum
Although 13% fewer units have been sold in Q2 2025 than in the previous quarter, the Prague residential market with new apartments has continued to grow strongly, according to data from BuiltMind.
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News Central Group expands its land bank in Prague
05
Jun
2025

Central Group expands its land bank in Prague

by Property Forum
Over the past year, Central Group has acquired approximately 240,000 sqm of new land for CZK 6 billion (€242 million) in seven Prague locations.
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News Decarbonisation: Construction materials play key role
27
Feb
2025

Decarbonisation: Construction materials play key role

by Property Forum
In January 5 years have passed since the European Parliament approved the Green Deal. The construction industry is accountable for 39% of global carbon dioxide emissions. The pressure to reduce emissions from clients, banks and legislation is only increasing, comments Jakub Škaloud, Project Manager and Head of the Building Differently team at VCES, one of the general contractors of Czech buildings.
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News Prague acquires Žižkov Freight Station
16
Dec
2024

Prague acquires Žižkov Freight Station

by Property Forum
Prague representatives and representatives of Czech Railways have signed a purchase agreement for the Žižkov Freight Station building and the surrounding land, reports E15.cz. 
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News Prague aligns with developers in Žižkov brownfield transformation
09
Dec
2024

Prague aligns with developers in Žižkov brownfield transformation

by Property Forum
Prague is intending to buy the historic building of the freight station Žižkov and the adjacent land from Czech Railways, reports E15.cz. If the purchase is completed the capital is planning changes to the zoning plan in the entire extensive brownfield next year allowing other developers to build.
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News 5 ha of land in Prague's Karlín has new owner
28
Jun
2024

5 ha of land in Prague's Karlín has new owner

by Property Forum
Residential builder Central Group has just completed the largest transaction on the housing market this year. It is buying more than five hectares of land near the Invalidovna metro station in Karlín in Prague 8, including the existing Čechia Hotel. 
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News Central Group shows updated design of Žižkov quarter in Prague
21
May
2024

Central Group shows updated design of Žižkov quarter in Prague

by Property Forum
The new design of Nový Žižkov Centre has revealed the most significant change of replacing the original design of 3 towers reaching a height of 100 metres with only one centrally located undulating tower. The investor of this project in Prague 3 is the Czech residential builder Central Group.
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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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Latest news


New leases

  • Activ Property Services brokered the transaction in which moveX leased 3,300 sqm of modern logistics space within the Mega Company Park in Chiajna, near Bucharest.
  • The Polish branch of Lufthansa Technik AG, a global provider of maintenance, repair and overhaul services for civil aviation, has joined the group of tenants at the Infinity office building in Wrocław. The company has leased over 860 sqm of office space in the building, in the heart of the city on ul. Legnicka. Lufthansa Technik AG will move into its new headquarters in April 2026. The lease was signed for seven years.
  • Fortress Logistics Real Estate, part of South African global investment platform, has set up office in the third floor of the Metropolitan building on Piłsudski Square. The Warsaw office will overlook the Ministry of Culture and the Raffles Europejski Hotel.

New appointments

  • Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
  • From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.

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