Sekyra Group has purchased key land in the area of Prague's former Žižkov Freight Station from Czech Railways. The Prague City Council has approved a change to the zoning plan on Thursday, reports E15.cz.

The modern, developer-led warehouse stock in the Czech Republic reached 12.44 million sqm in the first quarter of 2025.  Approximately 134,900 sqm was delivered to the market within 6 industrial parks across the country, announced Industrial Research Forum in its Industrial Market Figures for Q1 2025.

Colliers has announced the appointment of Katarína Brydone as the Managing Director of Colliers in the Czech Republic, effective 2 May 2025. This appointment has followed the announcement of Tewfik Sabongui stepping down from Colliers after seven years of leading the Czech Republic business. 

The total volume of modern office space in Prague has increased to almost 4 million sqm at the end of 2024 with 72,800 sqm completed in the entire year of 2024. However, the situation is going to be even worse in 2025 and 2026, according to the Trend Report 2025 study published by the Association for Real Estate Development. 

The residential market in Prague continues to grow strongly. According to data from BuiltMind, over 2,100 newly built units were sold in the first quarter of 2025, almost 15% more than in the previous quarter.

The share of renegotiations of lease contracts on the Czech office market is increasing, currently hovering at around 50% of all concluded transactions. A growing number of companies are preferably extending their existing lease rather than moving to new premises after their lease expiry, reports Colliers. 

ČEZ has chosen the Smíchov City project of Sekyra Group for its new headquarters. The developer has already started the construction. 

Linkcity Czech Republic is launching a new residential project called the 4 Domy Brandýs, in the Prague-East district. 

The GBCI Europe Circle conference was established to provide the LEED community in Europe with a space for professional and social exchange. The next edition is scheduled to take place in Prague from May 14-16 and Property Forum is proud to be joining the event as Media Partner. More about the event’s significance and program has been shared by Kay Killman, Managing Director of GBCI Europe, Vessela Valtcheva-McGee, Director Market Development EE and Simona Kalvoda, Executive Director of the Czech Green Building Council (CZGBC).

Jana Gerhátová has been in charge of marketing at industrial developer P3 Logistic Parks since April, with responsibility including the Czech Republic and Slovakia region.