ARTICLES LABELLED WITH TAG Czech Republic

11
Apr
2019

DBK buys Prague shopping centre

by Property Forum
DBK, a Czech retail specialist, has acquired a majority share in Europark – Štěrboholy, a shopping centre in Prague 10 from Austrian developer, SES Spar European Centers.
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04
Apr
2019

Spaces expands in Prague and Budapest

by Property Forum
JLL has provided space for 2 new branches of the international provider of co-working offices Spaces. In November this year, Spaces open in the low-energy building Nile House in Karlín, where they will occupy more than 3,500 sqm. One month later, they will take over 3,300 sqm in the SmíchOFF office building in Prague 5. At the same time, Spaces announced its first location in Hungary. The co-working operator will move into GTC White House in Budapest in Q4 2019. CBRE acted as adviser to the deal.
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04
Apr
2019

Penta sells Prague office building to South Korean investor

by Property Forum
Penta Real Estate has sold the 80,000 sqm office component of the Waltrovka complex in Jinonice, Prague 5 to Munich-based real estate fund manager GLL Real Estate Partners (GLL), a member of Macquarie Group, acting together with LB Asset Management on behalf of South Korean investor Hanwha Investment & Securities in a transaction worth over €250 million.
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04
Apr
2019

Prologis develops new BTS facility in Prague

by Property Forum
Prologis has begun a build-to-suit project totalling 9,817 sqm at Prologis Park Prague-Airport for CERVA GROUP a.s., a leading Czech producer of protective personal equipment and workwear.
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28
Mar
2019

Prague flex space market to grow by 67% this year

by Property Forum
There are already 57 centres in Prague that offer flex space. There are 37 providers in the city and most centres can be found in Prague 1. On average, the price of a fixed workplace is CZK 4,800 per month (excluding VAT). JLL, a real estate consulting company, confirmed in its latest report that the trend of flexible spaces is increasingly influencing the Prague office market.
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20
Mar
2019

Generali Real Estate buys Prague building

by Property Forum
Cushman & Wakefield assisted Generali Real Estate in the acquisition of Palác Špork, a unique scheme in Prague 1. The seller is SEBRE, a.s. The price remains undisclosed. The agreement was signed on 11 March.
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20
Mar
2019

Czech startup named best proptech at MIPIM

by Property Forum
Spaceti, the Czech startup that provides an integrated suite of data analytics, smart sensors, and mobile user interfaces to optimise the use of office spaces and increase productivity and the wellbeing of people in buildings, was named the world’s top property technology (proptech) company at the MIPIM Startup Competition in Cannes.
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14
Mar
2019

More market players consider CEE property to be expensive

by Ákos Budai
Investment market momentum is still firmly positive across Central and Eastern Europe but an increasing share of market players feel that commercial property has become expensive in the countries surveyed by the RICS Commercial Property Monitor. Although the majority of the survey’s contributors believe that the market is in the peak phase of the property cycle, growth is set to continue in the coming year.
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08
Mar
2019

Redside sells Prague office building

by Property Forum
Avenir E, a Class A office building located in the established office hub of Nové Butovice, Prague 5 has been acquired by Investika. The seller, Redside, was represented by JLL.
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08
Mar
2019

JLL introduces workplace service in the Czech Republic

by Property Forum
JLL introduced a new workplace consulting service in the Czech Republic. It focuses on the planning and quality of the work environment. In the cooperation with the activities in CEE and EMEA regions, Lucie Malá will be in charge of the workplace strategy with the support of the research, project management and design departments. By integrating this service, JLL will expand its portfolio and meet the needs of clients in the right setting of the work environment. New service based on real-world experience and analysis will help clients with the effectivity of their offices.
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