The Pilsen Region is one of the most industrially oriented in the Czech Republic, representing the second-largest industrial real estate market in the country. P3 has revealed the key parameters for industrial halls to become attractive for potential tenants.

Development companies Penta Real Estate, Engine Prague Development (EPD), and the investment fund RSJ Investments Sicav are jointly acquiring K1 Investment and Argo Alpha. The transaction is under review by the Czech Competition Authority (ÚOHS), which announced the case on its website, E15.cz reports.

Europe is experiencing a surge of interest from both real estate investors and international students, making it the ideal destination for operators and developers in the student housing sector. The latest data from Bonard has highlighted the drivers behind Europe's rise as the destination of choice for students and investors.

How to prepare for a possible large-scale power outage, similar to those which have recently affected parts of the Czech Republic and other European countries? Stopped production lines, server outages, threats to security systems or logistics processes - all this happened in a matter of minutes. Czech IT and logistics experts have advised on crisis scenario preparation.

EQT Park Prague North, situated in Lužec nad Vltavou near the D8 motorway, is a joint venture between the development company 7R Czech Republic and EQT Real Estate Czech Republic.

Penta Real Estate and Bureš & partners have established a joint venture called Flet, with an aspiration to change the standard for rental housing in the Czech Republic.

Garbe has received a building permit for the second phase of its Garbe Park Brno South project. It is adding two modern buildings, bringing the park’s total area to 111,000 sqm.

Clarion Partners Europe has acquired a 47,000 sqm warehouse in Žatec, Czech Republic, on behalf of one of its commingled funds.  

Denisa Gelatková has been appointed the new Managing Director of Blue Assets CZ & SK, replacing Robert Chmelař, who has decided to pursue a career change. Blue Assets, a member of the international real estate group Panattoni, has been managing over 1.5 million sqm of commercial real estate in the Czech Republic.

The Prague City Council has approved the investment preparation of the Project 5 in the Nové Dvory development area, bringing approximately 480 apartments.