ARTICLES LABELLED WITH TAG Czech Republic

VGP has achieved full occupancy in VGP Park Ústí nad Labem City by leasing the remaining 18,800 sqm of warehouse and operational space in halls B and C. 

Since early 2024, 7R has been advancing two projects in Czechia. Both developments have obtained full building permits, underscoring 7R’s commitment to expanding its footprint in the region. Now the developer has also appointed Štefan Bohoš as a new Leasing Manager to strengthen its presence in the Czech Republic.

Accolade has received a loan from UniCredit Bank for the construction of two industrial parks. One is to be built in Karlovy Vary and the other in Slovakia, reports newstream.cz.

The Cimex investment group has been focusing on hotel, office and residential projects. The company is responding to Prague's market changes and new trends by transforming older office buildings into modern housing. 

Cushman & Wakefield has been appointed as property manager for part of the warehouse and logistics portfolio of international investment company Accolade. It will provide asset services for properties with a total area of over 440,000 sqm in locations across Poland such as Mińsk Mazowiecki, Konin, Elbląg, Kielce, Piła, and Koszalin, and in the Czech Republic, including Stříbro Park, one of the largest warehouse parks in the Czech market. 

The Czech real estate market has exceeded expectations in 2024 and confirmed its position as an attractive European market. According to the latest CBRE Q4 2024 report, it has shown clear signs of recovery and is expected to strengthen further in 2025. The NEMO Fund focusing on long-term investments has taken advantage of these opportunities. 

Tomáš Jandík, CFA, MRICS, former CEO of the Czech real estate fund for retail investors, has founded a private equity real estate advisory and investment management company, the Crestpoint Capital Partners.

CPI Europe has announced the sale of several properties in Vienna and Prague as part of a strategic portfolio optimization initiative.

157 studios from 33 countries in Europe, America and Asia have applied to the competition for the revitalisation of a brownfield and the construction of new city blocks in Prague's Florenc. An international jury led by renowned German architect Stefan Behnisch has selected the advancing teams of four concurrent architectural competitions. 

YIT has announced its record sales in 2024, selling 416 units in connection with the gradual market recovery, representing a more than double increase compared to 2023 with 198 apartments.