ARTICLES LABELLED WITH TAG Czech Republic

News CTP launches new brownfield project in Brno
06
Nov
2019

CTP launches new brownfield project in Brno

by Property Forum
The dilapidated area of ​​the former Zetor industrial site in Brno Líšeň will come alive again. CTP has begun preparatory work for the construction of a new industrial park for light manufacturing, retail, research and small logistics. More than 1000 employees will find work here. The investment in the project is expected to amount to around €60 million (CZK 1.5 billion) with the expected date of completion of construction in 2025.
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News Weaker demand on Prague’s office market
28
Oct
2019

Weaker demand on Prague’s office market

by Property Forum
Gross take-up in the third quarter of 2019 amounted to 85,200 sqm on the Prague office market, representing a 17% decrease on the previous quarter. The Prague Research Forum announced the office market figures for Q3 2019.
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News Investika real estate fund buys Prague shopping centre
24
Oct
2019

Investika real estate fund buys Prague shopping centre

by Property Forum
The open real estate fund Investika purchased the Galerie Butovice shopping centre located in the popular office area Nové Butovice in Prague 5. CBRE advised Investika on the acquisition.
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News Flow East buys Prague Old Town building
24
Oct
2019

Flow East buys Prague Old Town building

by Property Forum
Flow East, a Czech-based developer which specialises in the high-quality renovations of premium historical buildings, has purchased the historical Dům V Templu building located in the Old Town (Staré Město) of Prague.
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News South Korean investors buy logistics facility in Prague
21
Oct
2019

South Korean investors buy logistics facility in Prague

by Property Forum
Roebuck Asset Management has acquired a logistics warehouse in Dobroviz, Prague, on behalf of a South Korean institutional investor. International real estate advisor Savills advised the buyer.
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News P3 partners with B2B virtual reality laboratory in Prague
10
Oct
2019

P3 partners with B2B virtual reality laboratory in Prague

by Property Forum
P3 Logistic Parks has signed an exclusive agreement to partner with Virtuplex, Europe’s largest B2B virtual reality laboratory, to explore the application of VR technology in the logistics warehouse space.
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News Warburg-HIH Invest buys multi-tenant property in Prague
02
Oct
2019

Warburg-HIH Invest buys multi-tenant property in Prague

by Property Forum
Warburg-HIH Invest Real Estate is about to acquire the River Garden 1 in Prague via a share deal. The office building with its gross lettable area of 19,000 square metres and another 1,300 square metres of patio space is earmarked for the individual fund of a German investor. In addition to flexible office accommodation on six floors, the property from 2012 offers around 2,200 square metres of retail area.
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News CA Immo starts construction of two office buildings in Prague
02
Oct
2019

CA Immo starts construction of two office buildings in Prague

by Property Forum
CA Immo has begun the construction of two premium office properties in the River City Prague complex, which is located in Prague’s Karlín district. Mississippi House and Missouri Park will complete the office complex, which currently includes three Class A- office buildings (Amazon Court, Nile House and Danube House).
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News Colliers appoints Regional Director of Research for CEE
30
Sep
2019

Colliers appoints Regional Director of Research for CEE

by Property Forum
Colliers International announced that Kevin Turpin has been appointed as the new Regional Director of Research for Central and Eastern Europe. He starts his new position on 1 October and will be based in Prague.
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News Redside buys retail store in the Czech Republic
26
Sep
2019

Redside buys retail store in the Czech Republic

by Property Forum
Nova Real Estate fund, managed by the fund management company Redside, has completed the acquisition of the home improvement supplies store  OBI in Frýdek Místek, from the seller, development company PTO. OBI is a German multinational retailing company founded in 1970. With more than 650 retail stores, OBI is the largest DIY retailer in Europe, and the third-largest in the world. This is the second property with OBI as a tenant in the Fund’s portfolio in the Czech Republic.
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Latest news


New leases

  • Skanska announced the expansion of its tenant portfolio in the Equilibrium 2 office building in Bucharest by welcoming ONV LAW. ONV LAW will occupy approximately 640 sqm in Equilibrium 2, with the move-in scheduled for December 2025.
  • EPP's Outlet Park Szczecin, the only outlet centre in Western Pomerania, is strengthening its fashion offerings by signing agreements with three brands previously unavailable in the region. JACK & JONES and Evenemen, with their men's fashion collections, and the premium optician OUTLY, have already opened their stores. eobuwie will also join the tenant roster this fall. VENEZIA, TATUUM, WITTCHEN, and Pako Lorente are also continuing their partnerships with the centre, significantly expanding their stores, while Lee Wrangler and German Optiker are moving to new locations. The new agreements and extensions cover a total area of nearly 1,800 square meters.
  • mFinanse S.A. has extended its current lease at the LIFE_Building in Warsaw and expanded its office space. As of July this year, the mBank Group company will occupy a total of 350 sqm in the building owned by VIG Fund. During the transaction, VIG Fund was represented by JLL, the exclusive leasing agent for LIFE_Building, while Deloitte Legal provided legal advisory services.

New appointments

  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.

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