ARTICLES LABELLED WITH TAG Czech Republic

News Czech commercial market finds price equilibrium
26
Feb
2025

Czech commercial market finds price equilibrium

by Property Forum
Investment activity in the commercial real estate market in the Czech Republic has shot up sharply in the last quarter of 2024. After rising yields in 2022 and 2023, "prime yields" have stabilised in 2024 and the market has found a new price equilibrium, according to Colliers' regular quarterly survey. 
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News Redstone loses permit for Olomouc skyscraper
25
Feb
2025

Redstone loses permit for Olomouc skyscraper

by Property Forum
The panorama of the historic centre of Olomouc is not changing yet. In recent days, the regional court has annulled the zoning decision for the planned construction of a skyscraper by Redstone, reports E15.cz.
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News Prague office market suffers from supply/demand imbalance
25
Feb
2025

Prague office market suffers from supply/demand imbalance

by Property Forum
According to an analysis by Savills, office development in Prague has been declining rapidly since 2021. This trend is confirmed by 2024 figures.
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News Concens launches construction of logistics park in Ostrava
24
Feb
2025

Concens launches construction of logistics park in Ostrava

by Property Forum
Based on the valid building permit, the developer Concens Investments has commenced construction of Phase III of the Ostrava Airport Multimodal Park at Leoš Janáček Airport in Ostrava Mošnov. The BMW Group will use these buildings as an overseas logistics centre. 
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News Prague hotel changes hands in CEE's largest single hotel transaction
24
Feb
2025

Prague hotel changes hands in CEE's largest single hotel transaction

by Property Forum
CBRE has advised on the sale of the Hilton Prague for the Irish Bank Resolution Corporation, marking the largest single-asset hotel transaction ever recorded in CEE. Czech group PPF has purchased the asset.
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News Coworking provider expands in Prague
21
Feb
2025

Coworking provider expands in Prague

by Property Forum
WorkLounge has opened its new branch in the Telehouse building in Prague's Dejvice. The premises with an area of 1540 sqm can accommodate 220 people. 
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News Geosan receives approval for residence in Prague
20
Feb
2025

Geosan receives approval for residence in Prague

by Property Forum
Geosan Development has announced the construction completion of the Rezidence Radimova Břevnov project in Prague 6. The project has received the valid building use approval.
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News Crestyl announces new project in Prague
20
Feb
2025

Crestyl announces new project in Prague

by Property Forum
Crestyl has presented its new project at Pankrác in Prague. The Boka Pankrác is designed as a mixed-use project connecting retail premises and a supermarket with offices. 
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News BHM assumes full ownership of Slovenian logistic centre
20
Feb
2025

BHM assumes full ownership of Slovenian logistic centre

by Property Forum
Originally developed in partnership with Go Asset, the state-of-the-art logistic facility Log Center Maribor has been a cornerstone of BHM Group's Slovenian portfolio. The facility's ownership has now changed.  
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News Logicor constructs last-mile logistics park in Prague
19
Feb
2025

Logicor constructs last-mile logistics park in Prague

by Property Forum
Logicor has started the construction of a new logistics park in the Logicor Prague-Průmyslová zone. The park is close to the southern part of the Prague Ring Road connecting the key strategic highways D1 and D11. 
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Latest news


New leases

  • 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.
  • Stay Fit Gym, the largest fitness chain in Romania and Eastern Europe, is launching a new premium concept for those seeking high-end facilities. The brand is debuting its first "Black" type centre in the Palas Iași mixed-use complex, owned by Iulius.

New appointments

  • 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.
  • Tomasz Chojnacki, a commercial property expert with nearly 20 years’ experience, has joined international real estate advisory firm Newmark Polska as Regional Director for Southern Poland in its Office Department, with effect from 1 August. His key responsibilities include representing office tenants during relocations and lease renegotiations.

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