After several years of financially demanding renovation, the five-star Fairmont Golden Prague hotel, formerly InterContinental, has opened, reports newstream.cz.
The sale of Prague’s Palladium is entering the final stages. According to two independent sources, the first bids have been submitted lately, reports Seznamzpravy.cz. And three finalists have emerged from them.
REICO Long Lease, an open-ended mutual fund managed by REICO Investment Company of Erste Asset Management, has added another logistics property in Poland to its portfolio.
CA Immo has successfully closed the sale of the office property Visionary in Holešovice, Prague 7, comprising approximately 25,500 sqm of gross lettable area.
The Czech state is going to transfer its majority stake in the Prague Congress Centre (KCP) to the City of Prague, making the Capital its 100% owner, reports E15.cz.
YIT has started selling units in the second phase of the Toivo Roztyly residential project in Prague. The developer is collaborating with the RSJ investment group on the project.
Demaco is starting the construction of the Thermo Fisher Scientific development and production centre in Brno. The centre is bringing investment in the development of science and industry and supporting the local innovation ecosystem in the region.
The Prague district of Brumlovka, which Passerinvest Group has been building in Prague 4 for almost 30 years, has received the highest level of Fitwel certification this year.
Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
New appointments
Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
ABOUT US
Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.