ARTICLES LABELLED WITH TAG Czech Republic

The Czech state is going to transfer its majority stake in the Prague Congress Centre (KCP) to the City of Prague, making the Capital its 100% owner, reports E15.cz.

YIT has started selling units in the second phase of the Toivo Roztyly residential project in Prague. The developer is collaborating with the RSJ investment group on the project.

Demaco is starting the construction of the Thermo Fisher Scientific development and production centre in Brno. The centre is bringing investment in the development of science and industry and supporting the local innovation ecosystem in the region.

The Prague district of Brumlovka, which Passerinvest Group has been building in Prague 4 for almost 30 years, has received the highest level of Fitwel certification this year.

CTP has announced that Moody's Ratings has affirmed its Baa3 long-term issuer rating and senior unsecured rating of CTP. The outlook has changed from stable to positive.

Affordable rents for office space in the centre of Prague have reached a historic high. At the same time, Prague is maintaining the lowest vacancy rate among CEE capitals, reports Colliers in its analysis of the office real estate market.

Property Forum is proud to launch the first edition of its annual list spotlighting the 50 most influential people in Czech and Slovak real estate—a recognition of outstanding leadership, innovation and impact across these two dynamic markets. The publication, along with all other editions from across CEE, is now available on the Property Forum website.

Forum Karlín in Prague is for sale, reports Hospodářské noviny. Along with it, the Keystone office building in Karlín, the three-star Ibis hotel on Na Poříčí Street next to the Palladium shopping centre, and the smaller Polygon House office building in Pankrác are also on offer. 

Mint Investments has announced the extension of its lease with McKinsey & Company at Main Point Pankrác in Prague.

YIT has started selling apartments in one of its first residential projects outside Prague, Portti Kladno. The project is located on a brownfield site of former cold storage facilities with an area of almost 12,000 sqm. The second stage is to offer 102 apartments for personal ownership.