ARTICLES LABELLED WITH TAG Czech Republic

News West Bohemia leads the Czech industrial market
26
Jun
2017

West Bohemia leads the Czech industrial market

by Ákos Budai
According to its analysis of the Czech industrial & logistics market, CBRE monitors a significant increase in end-user demand and resulting developer and construction activity in the still relatively unestablished location of Northwest Bohemia. Combined with already strong activity in West Bohemia, the region of West Northwest Bohemia currently represents the most active region in the terms of construction activity for the first time in history and even outpacing the Greater Prague Region. The West Northwest Bohemia region will be a driver of new supply in 2017 and together with the Greater Prague area will account for approximately 80% of newly to be delivered space in the Czech Republic in 2017.
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News Skanska sells Prague office building for €50 million
23
Jun
2017

Skanska sells Prague office building for €50 million

by Ákos Budai
Skanska has sold the office building Five in Prague, to a real estate fund managed by TRIUVA Kapitalverwaltungsgesellschaft for €50 million. The transaction will be recorded by Skanska Commercial Development Europe in Q2 2017, with the transfer of the property scheduled for Q4 2017.
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News Are Czech cities smarter than Hungarian ones?
15
Jun
2017

Are Czech cities smarter than Hungarian ones?

by Ákos Budai
Bank cards play an increasingly bigger role in every aspect of our lives and passengers in CEE countries are becoming increasingly open towards using electronic payment solutions to pay for public transport services. Frantisek Jungr, Senior Business Development Manager for the CEE Region at Visa Europe talks to Property Forum about the experiences he gained during the implementation of electronic ticket systems in the Czech Republic, and while learning about the Czech examples, we also examine the shortcomings of Budapest’s current and future ticket system.
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News P3 to construct two new warehouses in Prague
14
Jun
2017

P3 to construct two new warehouses in Prague

by Ákos Budai
P3 is to start the construction of two new warehouses with a total floor area of 25,500 sqm at the P3 Prague Horní Počernice logistics park to respond to growing demand for space at the park. Once the expansion is completed, the park will have a total lettable area of nearly 380,000 sqm. Scheduled to start in the second half of 2017, construction will be completed at the beginning of 2018.
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News CTP hands over South Bohemia factory
14
Jun
2017

CTP hands over South Bohemia factory

by Ákos Budai
CTP has opened a new production plant in South Bohemia, built to suit the needs of Yanfeng Automotive Interiors. The company will produce interiors for passenger cars at the plant which spans a total area of more than 23,000 sqm on two floors.
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News Investors focus on Hungary and Czech Republic
07
Jun
2017

Investors focus on Hungary and Czech Republic

by Ákos Budai
Occupier and investment sentiment continues to be positive across Central and Eastern Europe according to the RICS Commercial Property Monitor for Q1 2017. Similarly to last quarter, Hungary remains the most upbeat market globally with the Czech Republic also performing remarkably well. The picture is slightly more mixed in Croatia and Romania, still, near term momentum remains positive in the two markets.
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News M7 acquires light industrial portfolio for CEE fund
06
Jun
2017

M7 acquires light industrial portfolio for CEE fund

by Ákos Budai
M7 Real Estate has acquired a portfolio of 11 light industrial assets in Hungary and the Czech Republic, on behalf of M7 CEREF I, from a joint venture between Partners Group and Cromwell Property Group. The portfolio comprises 209,832 sqm, with seven of the assets located in Hungary and the remaining four in the Czech Republic.
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News LaSalle buys Prague office building for €57 million
06
Jun
2017

LaSalle buys Prague office building for €57 million

by Ákos Budai
LaSalle Investment Management has acquired the River Garden I office complex in Prague’s Karlín business district on behalf of its LaVA mandate for approximately €57 million. The seller is Slovak asset management company IAD Investments on behalf of Prvý realitný fond.
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News Warimpex closes sale of 8 CEE hotels to Thai investor
06
Jun
2017

Warimpex closes sale of 8 CEE hotels to Thai investor

by Ákos Budai
In February, Warimpex announced the sale of a portfolio of eight hotels to the Thai investor U City. On 31 May, the transaction was successfully closed. Warimpex has taken advantage of this positive momentum on the CEE hotel investment market with this portfolio deal and is set to strengthen its capital structure and to position itself for new development projects.
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News Prologis building in Prague gets certified
06
Jun
2017

Prologis building in Prague gets certified

by Ákos Budai
Prologis announced that its 33,700 sqm build-to-suit facility for Czech sports retailer Sportisimo at Prologis Park Prague-Rudna is the first logistics facility in the Czech Republic and only the second such building in Central and Eastern Europe to receive BREEAM’s highest accreditation rating.
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Latest news


New leases

  • A new iSpot Apple Premium Reseller store has opened in Galeria MM in Poznań. This is the fourth iSpot location in this cty. The sales floor of the newest store is approximately 100 sqm.
  • The British brand Sports Direct has joined the tenants of Galeria Mazovia in Płock, while the Pandora brand store and the Crazy Bubble outlet have also reopened.
  • A Dealz shop has opened in Galeria Solna in Inowrocław. The store, with a refreshed visual concept, took up an area of over 500 sqm.

New appointments

  • In September, Michal Berski took up the position of head of the warehouse sector at CBRE Poland. He has been with the company for over 10 years. In his new role, he manages strategy and the development of all business lines within the warehouse and industrial sector.
  • Slawomir Czarnecki is the new president of Grupa Muszkieterów and ITM Poland. He has replaced David de Bosschère. The new CEO is the owner of the Bricomarché shop in Świecie and has many years of experience in trade, as well as in the Group's internal structures.
  • LCP Properties, a developer in the Polish retail park market, is continuing to strengthen its organisational structure. Andrzej Plit has been appointed as the new Finance Director. Meanwhile, for the LCP-owned EMKA shopping centre in Koszalin, Daria Kokowska became the new Shopping Center Director.

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