ARTICLES LABELLED WITH TAG Czech Republic

News New retail brands continue to enter the Czech market
18
Jan
2021

New retail brands continue to enter the Czech market

by Property Forum
Although the retail segment is among those affected the most by the coronavirus crisis, this does not show in the number of brands newly incoming to the Czech market. Whereas 24 new brands came to the country in 2019, in the crisis year 2020 there were 25. This year, the number of newcomer brands could be even higher – some brands postponed opening their shops to 2021 due to the corona crisis., according to a report by Cushman & Wakefield.
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News Trei Real Estate plans further expansion in CEE despite tightening financing conditions
18
Jan
2021

Trei Real Estate plans further expansion in CEE despite tightening financing conditions

by Ákos Budai
For Germany-based real estate investor and developer Trei Real Estate, 2020 was a successful year thanks to the fact its portfolio mostly includes assets that were hardly affected by the pandemic. Pepijn Morshuis, CEO of Trei Real Estate talked to Property Forum about the experiences gained during 2020, changing financing conditions and the company’s plans for 2021.
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News Skanska sells Prague office building to Deka Immobilien
15
Jan
2021

Skanska sells Prague office building to Deka Immobilien

by Property Forum
Skanska has sold the Parkview office building in Prague to Deka Immobilien for €77 million. This is the second transaction between both parties in the last twelve months, which follows the acquisition of Generation Park Z in Warsaw last year.
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News Crestyl to issue bonds to finance Prague mixed-use project
14
Jan
2021

Crestyl to issue bonds to finance Prague mixed-use project

by Property Forum
Local developer Crestyl, through its subsidiary Savarin p.l.c., is issuing five-year zero-coupon bonds with a total nominal value of €84 million (CZK 2.2 billion) this week, with the possibility of increasing to CZK 3.3 billion. The purpose of the issue is to finance the Savarin project, which is being developed in the vicinity of Prague's Wenceslas Square and Na Příkopě Street. The multi-purpose complex also includes space for the installation of Alfons Mucha’s Slav Epic. The issue was prepared by J&T Banka and the bonds are also traded on the regulated market of the Prague Stock Exchange.
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News CBRE brokers sale of 1.3 million sqm land near Pilsen
14
Jan
2021

CBRE brokers sale of 1.3 million sqm land near Pilsen

by Property Forum
The end of 2020 saw the completion of an investment transaction that will enable the future development of one of the largest logistics parks in the Czech Republic on the extensive land surrounding the D5 motorway near Pilsen. CBRE prepared and managed the disposal process on behalf of the Icelandic asset manager Kaupthing. CBRE in addition to advising on the sale, also assisted with land due diligence, feasibility study and provided technical advisory. The new owner of the land is retail chain Lidl.
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News Colliers secures new tenant for CTP near Czech-German border
13
Jan
2021

Colliers secures new tenant for CTP near Czech-German border

by Property Forum
The Industrial Agency of Colliers International Czech Republic completed the signature of a 15,688 sqm lease agreement for a German multinational engineering and technology company for industrial premises at CTPark Bor.
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News Arete acquires industrial asset in Slovakia
07
Jan
2021

Arete acquires industrial asset in Slovakia

by Property Forum
The third fund of Czech investor Arete Group has acquired a modern, highly specialized production facility with a research and development centre and with the potential for further development in Kežmarok, Slovakia. The value of the investment exceeded €10 million.
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News Sekyra Group to launch new mixed-use project in Prague
05
Jan
2021

Sekyra Group to launch new mixed-use project in Prague

by Property Forum
Czech developer Sekyra Group plans to launch the construction of the Rohan City development project in Q1 2021, lidovky.cz reports.
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News J&T Banka acquires Prague HQ for CZK 2 billion
21
Dec
2020

J&T Banka acquires Prague HQ for CZK 2 billion

by Property Forum
J&T Banka has acquired the eight-story Rustonka office complex in Prague 8 from Gramexo, which is part of a group of companies affiliated with the J&T Group, for €80 million (CZK 2.1 billion).
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News Fidurock opens new retail park in Czech city
21
Dec
2020

Fidurock opens new retail park in Czech city

by Property Forum
Dutch-Czech real estate investment company Fidurock has opened a new retail park Choceň in the Pardubice Region of the Czech Republic. The retail park comprises 10 units with Penny Market as the main tenant, occupying an area of ​​1,300 sqm. Other tenants include Pepco, KiK, Okay elektro, Rossmann, ZZN, a pharmacy and others.
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Latest news


New leases

  • DAAS has leased another 3,600 sqm for a training centre in ELI Park Ploiești. The company’s total leased area in the project has reached 12,600 sqm.
  • Leroy Merlin has leased around 4,000 sqm of office space in Bucharest-based Floreasca Park in a deal brokered by Cushman & Wakefield Echinox. The office project is owned by Resolution Property and Zeus Capital Management.
  • Schindler Romania is moving its office to Vastint’s Business Garden Bucharest. The company has leased 1,160 sqm in a deal brokered by CBRE Romania.

New appointments

  • At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.
  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.

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