AFI Czech Republic has officially begun construction of its new rental project AFI Home V Korytech in Prague 10 featuring 519 residential units. Construction will proceed in two phases that started simultaneously, with the first phase completing in Q2 2028 and the second a year later. Metrostav DIZ serves as the general contractor.

Industrial developer CTP reported net rental income growth of 15.4% year-on-year to €549 million in the first nine months of 2025. The company achieved like-for-like rental growth of 4.5%, driven by indexation and lease renewals.

Investment activity in the Czech commercial real estate market is now primarily driven by domestic capital, while in the long-term trend, local capital accounted for one third of the total investment volume. Over the past three years, however, the balance has shifted this year, and Czech investors represent 80% of all transactions completed to date, according to a Savills analysis.

Crestyl has begun construction of the Kappa residential building at Prague's Hagibor development, located near Želivského metro station. The fifth residential building in the project is scheduled for completion by the end of 2027, with Metrostav DIZ serving as the general contractor.

Construction has begun on the Nová Cihelna Kladno residential project in the Kladno-Rozdělov district, featuring 104 apartments. The development includes ecological elements such as photovoltaic panels, heat pumps and an underground rainwater retention tank. Future residents will enjoy a large community garden with park landscaping.

The Vinohradská 8 project, jointly prepared by Penta Real Estate and PSN, has received a zoning permit. Just a few steps from Wenceslas Square in Prague, a mixed-use development is designed, including housing, office space, and new shops and restaurants.

The new residential project Semerínka, developed by Crestyl, has been successfully approved for use several months earlier than planned.

At this year’s Expo Real, Katarzyna Kotkowska, Director, Investment, Poland and the Czech Republic at SEGRO, shared her perspective with Property Forum on current market sentiment, recent transactions, and evolving investment strategies in Central Europe. In this conversation, she discusses SEGRO’s selective approach to acquisitions, stable demand across its CEE portfolio, and the company’s long-term commitment to sustainability.

The Office for the Protection of Competition in the Czech Republic has approved the merger of PPF Real Estate, a competitor, with Diplomat Prague RE and the company Hotels by HR Diplomat. 

Amundi has sold the mixed-use space Forum Karlín and the Prague Ibis hotel to Patria, a part of ČSOB, reports seznamzpravy.cz.