ARTICLES LABELLED WITH TAG Czech Republic

CTP has signed a deal with Grammer Jifeng Automotive Seating CZ to build a new modern manufacturing and testing warehouse facility at CTPark in Cheb, Czech Republic.  

The Investika Real Estate Fund, Czechia’s largest non-bank open-ended mutual real estate fund for retail investors, acting jointly with its JV partner – BUD Holdings SA., has acquired five logistic parks from Polish developer 7R. The transaction value exceeds €150 million. Thanks to that, it is the largest logistics property investment transaction that closed in Poland this year and the second-largest logistics property investment transaction that closed in 2024 in Central Europe.  

The European Bank for Reconstruction and Development (EBRD) is lending €46.8 million to CIMEX Group, a hospitality operator in Czechia. The EBRD financing is being provided as part of a €140.4 million syndicated loan facility with UniCredit Bank and Raiffeisenbank.

The investment group DRFG has bought the Signum Work Station office building in Warsaw, with a leasable area of ​​over 32,500 sqm, reports E15.cz.

According to Savills research, European retail investment volumes reached €19 billion for Q1 to Q3 2024, marking a 6% increase compared to the same period last year. Luxury high street yields are the most favourable among retail investment properties.

A new unit in Arete Park Rokycany 1 has been completed and handed over to the tenant, Safran Cabin CZ, a manufacturer of cabin interiors. The unit is part of the park's second building, which is expected to have a total leasable area of more than 15,000 sqm.

CBRE has summarised this year's developments in the Czech commercial real estate market and provides an up-to-date outlook for 2025. The report highlights anticipated investment activity and the evolution of key segments for the upcoming year.

Prague representatives and representatives of Czech Railways have signed a purchase agreement for the Žižkov Freight Station building and the surrounding land, reports E15.cz. 

Contera has announced a strategic partnership with Blackstone, the alternative asset manager. Blackstone has agreed to acquire CT's Real Estate portfolio of 10 logistics parks for approximately €470 million.

CTP is launching a new project at its T-Park technology campus in Ostrava, Czech Republic. The mixed-use T6 building will create a space that connects the scientific community, innovative start-ups, established companies and students.