ARTICLES LABELLED WITH TAG Czech Republic

July surprised with strong volumes, as well as the number of new mortgages, according to data from the CBA (Czech Banking Association) Hypomonitor, which captures data from all Czech banks and building societies providing mortgage loans. In July 2025, they provided new mortgages for CZK 30 billion (€1.225 billion).

Geosan Development is moving its largest residential project to date, Re.Start Petynka, to another milestone. The residence is developed on a long-unused plot of land near the Petynka swimming pool in Prague 6. Now it has received a valid building permit.

Savills has announced that David Štrouf, an investment professional with a background in Private Equity and Real Estate consulting, has joined the Savills Investment team as Associate Director. 

The P3 Lovosice Cargo logistics hall, unique thanks to its railway siding, has been leased to a new tenant. The hall, with an area of over 43 thousand sqm, can accommodate a train with up to 15 wagons.

96% of European logistics tenants are planning to expand their capacity in the next 12 months, to a greater or equal extent than in the past year, according to the latest CBRE survey.

The Savarin project by Crestyl Development Group has received a valid zoning decision, enabling the reconstruction of the courtyard in the vicinity of Prague's Wenceslas Square.

CTP has expanded its portfolio with the CTPark Pardubice Rosice in the Czech Republic. The acquisition, completed on 6 May 2025, has confirmed CTP’s confidence in the Pardubice region as a promising centre for modern industry and logistics. 

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.

In the first half of this year, 777 new residential units have been sold in Brno, 26 per cent more than in the same period in 2024, with the average price of new apartments setting a new record, according to the current analysis of Trikaya, which has been monitoring the development of the Brno residential market for a long time.

The office real estate market in Prague is reflecting the differentiation based on location and building quality, with proximity to the metro remaining a key factor influencing both prices and demand, describes Colliers in its latest analysis of the Prague office real estate market.