UBM Development Czechia has completed the structural frame of its Rezidence Na Plzeňce residential project in Prague 5, near Smíchov railway station. The building is being constructed on a former brownfield site and is contributing to the gradual transformation of this part of the city. Completion is planned for the second half of 2027.

Czech developer PSN is to reconstruct a historic building on Strossmayerovo náměstí in Prague, converting it into 21 residential units under the name Rezidence Strossmayer. The project will also include two non-residential units on the ground floor. Residents are expected to move in from the fourth quarter of 2029.

Industrial property vacancy rates across Central Europe are diverging, according to an analysis by investment group ARETE. In the Czech Republic, vacancy stands at 5.3%, though Prague and the Central Bohemian region remain tighter at 4.1%. Poland has seen its vacancy rate fall year-on-year from 8.2% to 6.6%, while Slovakia remains near its peak at 7.99%. In the Czech Republic, net demand in the third quarter held steady at around 250,000 sqm compared with the previous quarter, but was 47% lower year-on-year, while developers started only 149,000 sqm of new projects, with total construction volume down 24% annually.

J&T Investiční společnost is preparing a new qualified investor fund, J&T PROPERTY FUND SICAV, with a subscription period planned to open in December 2026. The fund will encompass the acquisition of the Prague Marriott Hotel and adjacent commercial spaces, completed in August through Prime Hotel Assets Fund SICAV, which is managed by J&T Investiční společnost and will be folded into the new structure. J&T Banka provided capital for the acquisition, with Dosfield Group acting as strategic partner.

Czech investment group RS Group is launching one of its largest residential developments, ELEMENT Malesice, in the Malešice district of Prague. The mixed-use building on Počernická street, located five minutes' walk from Malešický park, will offer more than 200 new apartments, with presales now open.

Drone delivery services that can drop groceries, restaurant meals and over-the-counter medications at a customer's door within 15 minutes are already operating commercially in parts of the United States. A new analysis by Colliers examines how the expansion of such networks is reshaping thinking about retail real estate, with unused parking lots and back areas of shopping centres and retail parks emerging as the most viable launch sites.

Czech developer Amadeus Real Estate has received planning approval for its AMESIDE project in Plzeň, which will transform an unused site between Americká street, Denisovo nábřeží and the main railway station into a mixed-use district. Covering nearly 3.5 hectares, the development will combine residential, office, retail, food and beverage, and leisure uses alongside public open space. Construction costs are estimated at approximately CZK 8 billion. The architectural design was produced jointly by London-based Chapman Taylor and Czech studio AGE project.

CTP has developed CTPark Ostrava II, a 13,000 sqm campus in the southern part of Ostrava, housing a vertical farm, a research and development facility operated by engineering company ABB, and a range of sports and leisure amenities. The park accommodates light production, laboratories, showrooms, services, and retail spaces, with no heavy manufacturing or large logistics operations, reflecting its proximity to residential areas.

Zeitgeist Asset Management has begun converting the office building at Táborská 31 in Prague 4, Nusle, into a student residence with 394 beds. The company, which acquired the 1960s building in 2020, considered a change of use from the outset. The conversion is designed around a circular approach, retaining as many existing materials and structural elements as possible. The architectural concept was developed by studio arkhe D&B s.r.o., with SIS Construction a.s. serving as general contractor. Completion is expected at the end of 2027, with the first residents moving in in February 2028.

Czech developer IKONIX has taken an equity stake in NEMOMAX, a qualified investors' fund managed by the AVANT group, and will assume responsibility for the management of its development projects. AVANT remains the fund's manager and administrator and will continue to raise capital for its growth. Together, the partners plan to invest more than CZK 1 billion annually in new real estate projects, with an ambition to rank NEMOMAX among the three largest real estate qualified investors' funds in the Czech Republic by fund capital within three years.