ARTICLES LABELLED WITH TAG Czech Republic

News Skanska tops out Prague office building
29
Oct
2018

Skanska tops out Prague office building

by Property Forum
Praga Studios, the new Karlín office building by Skanska, has progressed significantly on its way to completion. In October 2018, the builders placed a topping out flag on the site of the future roof terrace to symbolise the completion of the superstructure. The building, with a total area of almost 12 000 sqm, will be completed in Q2 2019.
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News C&W expands its advisory services in the Czech Republic
25
Oct
2018

C&W expands its advisory services in the Czech Republic

by Property Forum
In response to growing demand in the Czech property market for specialist asset and market analysis, Cushman & Wakefield has expanded its Advisory service line with a newly established team of 3 dedicated professionals headed by Richard Hogg MRICS. In conjunction, Michal Naskos MRICS, a veteran of the valuation industry, becomes Head of Valuation Czech Republic.
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News Prague’s logistics market performs well
19
Oct
2018

Prague’s logistics market performs well

by Property Forum
Transactions in the logistics sector have been dominating the Prague market this year. In the first half of 2018 alone, the take-up was 24% higher than in the full year 2017, precisely 226,600 sqm. During the same period, the overall gross take-up reached in Prague 408,000 sqm, showing an increase of 56 %. Besides the logistics sector, more than 90,000 sqm was taken by production and 76,000 sqm by distribution. The biggest new deal in Prague in the logistics sector was done by cargo-partner ČR, which signed a lease agreement for 12,450 sqm located in a stand-alone industrial building in the Logicor Prague Airport logistic park. The company will start operating from the new premises at the beginning of 2019. Cushman & Wakefield facilitated the lease of the premises.
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News CPIPG announces new loan and new appointments
19
Oct
2018

CPIPG announces new loan and new appointments

by Property Forum
CPI Property Group announced the appointment of Radek Zeman as Division Director and Barbara Topolska as Country Manager for Poland, in addition to the refinancing of the IGY shopping centre located in Ceske Budejovice, Czech Republic. The newly secured loan of €60 million was provided by Komercni banka for a term of five years.
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News Prologis develops 200,000 sqm of space in CEE
12
Oct
2018

Prologis develops 200,000 sqm of space in CEE

by Property Forum
Over the next six months, Prologis will bring to market nine modern, sustainable buildings in the Czech Republic, Hungary, Poland and Slovakia. The developer currently has nine logistics facilities under construction in CEE totalling around 200,000 square meters of space.
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News LinkCity and Cromwell complete first joint project
11
Oct
2018

LinkCity and Cromwell complete first joint project

by Property Forum
LiNK Hradec Králové, the first of a number of planned industrial and logistics projects by LinkCity Czech Republic and Cromwell Property Group, has been completed.
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News Colliers expands its services in the Czech Republic
05
Oct
2018

Colliers expands its services in the Czech Republic

by Property Forum
Colliers International Czech Republic has expanded its services with the launch of its Design & Build service line. The new division offers clients a wide and integral range of services directly linked to occupiers’ needs starting with fit-out consultancy, to drawing and planning space plans including the interior designs up to complete realization and turnkey handovers. The services offered under Design & Build are relevant to landlords and new occupiers, as well as to existing ones who wish to redesign existing premises and improve the productivity and retention of their employees. The latest office trends and technology are implemented to create a working environment that both inspires and motivates employees.
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News Coworking operator Spaces enters the Czech market
04
Oct
2018

Coworking operator Spaces enters the Czech market

by Property Forum
JLL has successfully rented out the Albatros Business Centre in Prague 1. Almost 3,500 sqm of space on Národní třída will be occupied from spring 2019 by Spaces, a global coworking giant of Dutch origin, which will become a major tenant of the building next to Česká spořitelna. This opening of the first branch in the Czech Republic indicates a growing interest in this type of office.
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News Penta plans project next to Prague's main railway station
04
Oct
2018

Penta plans project next to Prague's main railway station

by Property Forum
Penta, Sudop and Czech Railways are planning a new real estate project next to Prague's main railway station. The project would involve covering the railroad tracks between Španělská, Legerova and Vinohradská streets at the southern tip of the station, local daily E15 learned.
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News M7 Real Estate sells Budapest and Prague industrial parks
27
Sep
2018

M7 Real Estate sells Budapest and Prague industrial parks

by Property Forum
M7 Real Estate has recently sold three assets, Innovations Business Park in Budapest, Hungary and Sanitas Industrial Park and Uhrineves Industrial Park both located in Prague, Czech Republic, for a total of circa €24 million, delivering investors a strong increase in value.
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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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