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.
Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.
New appointments
Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
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