Demand is rising in the Czech historic property market, with castles, fortresses and historic estates increasingly becoming prestigious locations not only for living but also for business, according to Luxent – Exclusive Properties.
Housing prices in Central Europe have risen dramatically over the past six years, according a report by Cushman & Wakefield, based on data from Builtmind, comparing Bratislava, Prague, Warsaw and Budapest
JSK Investments, Notino Limited and other partners have completed the sale of a full stake in Lusima AD Property, which owns development land on Spojovací Street in Prague's wider city center.
In 2025, indicative demand for industrial and logistics space in the Czech Republic almost matched the volume of lease agreements actually signed for the first time in several years, according to Cushman & Wakefield.
Developer PSN will begin renovating the former intercity telephone exchange on Fibichova street in Prague 3 this summer. The monumental 1926 building will undergo conversion into premium rental housing, with completion planned for autumn 2028.
European air travel reached record levels in 2025, with airports handling 2.6 billion passengers, a 4% increase year-on-year, according to a new Colliers report.
Logistics company HAVI has leased 10,000 sqm of space to operate a logistics centre for storage and distribution of frozen and chilled products for its clients in Panattoni Business Park Kladno, which is being developed on the brownfield site of the former Poldi Kladno steelworks.
Prague ranks among European cities with the highest projected growth in flexible office space, driven by a shortage of new office buildings and growing corporate demand for services.
Penta Real Estate has emerged as a primary catalyst for the investment group’s performance in 2025, spearheading an international expansion that now includes major residential developments in the United Kingdom.
MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
New appointments
iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
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