ARTICLES LABELLED WITH TAG Czech Republic

News Geosan approves 31 apartments in Prague
21
Nov
2023

Geosan approves 31 apartments in Prague

by Property Forum
Geosan Development has completed the construction of the Residence Neklanka 2 project in Prague 5 near Anděl. The residence comprises three vila-domes located in a garden on the border between the original residential development and the forest in Radlické údolí, Geosan Development announced.
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News Pařížská in Prague remains CEE's most expensive street
21
Nov
2023

Pařížská in Prague remains CEE's most expensive street

by Property Forum
In this year's 33rd edition of the Cushman & Wakefield Main Streets Across the World ranking, the Czech Republic ranked 19th. The survey compares nearly 50 countries around the world by the level of retail rents on the most expensive shopping street in each country, and for the second time the Czech Republic is represented by Paris Street. It ranks 19th among the world's most expensive shopping streets, 11th in Europe and first in the CEE region. The highest rent achieved in Pařížská, as of the third quarter of this year, is €2,700 per sqm per annum, i.e. approximately €225 per sqm per month. 
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News CPIPG sells resort hotel portfolio in Croatia
21
Nov
2023

CPIPG sells resort hotel portfolio in Croatia

by Property Forum
CPI Property Group has signed an agreement about selling two companies which own and operate resort hotels on the island of Hvar in Croatia. The agreement concerns the disposal of Sunčani Hvar Hotels, the company announced. The full purchase price has been deposited with an escrow agent, but the amount of the price was not specified.  
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News CPIPG unveils new CEO and changes in senior management
21
Nov
2023

CPIPG unveils new CEO and changes in senior management

by Property Forum
CPI Property Group has announced changes to the company’s Board of Directors and senior management team. David Greenbaum, CFO of the Group since 2018, has been appointed CEO and managing director and was co-opted to CPIPG’s Board of Directors. David replaces Martin Němeček, who resigned from his roles of CEO, managing director, and member of the board of directors. After a short break, Martin will remain with CPIPG in a newly created senior role focused on high-value projects.
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News Czech industrial market sees construction activity boom in 2023
20
Nov
2023

Czech industrial market sees construction activity boom in 2023

by Property Forum
The Czech industrial real estate market has experienced a major boom in construction activity in 2023. Although there is currently more than 1.5 million sqm of space under construction, there are few newly completed projects and the vacancy rate remains below 2%. The total supply of modern industrial space in the Czech Republic increased by only 182,200 sqm during Q3 2023, bringing the total to 11.44 million sqm at the end of September. Rents have stabilised after rocketing over the last three years and at the end of September were between €7.50-7.70 per sqm per month for warehouse space and €9.50-12.50 per sqm per month for office space, reported, according to a Colliers survey. 
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News Deutsche Hospitality opens new hotel in Prague
20
Nov
2023

Deutsche Hospitality opens new hotel in Prague

by Property Forum
The Zleep Hotels brand continues its international growth in Europe with the opening of the new 166-room Zleep Hotel in Prague, Deutsche Hospitality's first hotel in the Czech Republic. The hotel opened its doors in the new Waltrovka quarter in the southwest of the Czech capital just a few minutes walk to Radlicka metro station
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News Maintaining investor confidence is key in real estate crowdfunding
20
Nov
2023

Maintaining investor confidence is key in real estate crowdfunding

by Vera Tumova
Crowdfunding can be a valuable tool in diversifying investment portfolios for both sides but it is not easy to navigate the multitude of crowdfunding platforms and their projects on the market. Jan Večerka, CEO of Czech crowdfunding platform Brikkapp, explained in an interview for Property Forum how to effectively navigate the world of crowdfunding and what to look out for.
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News Czech developer Domoplan to build flats in Belgrade
18
Nov
2023

Czech developer Domoplan to build flats in Belgrade

by Property Forum
Brno-based Domoplan from the Fipox Group continues its expansion into Southern Europe. At the beginning of the year, it announced the construction of apartments worth hundreds of millions of crowns in Zagreb, Croatia, and now it is also entering the Serbian market. At the beginning of next year it will start construction in Belgrade, where it is planning a luxury residential project worth €20 million, reports e15.cz.
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News iO Partners appoints new Head of Data for CEE
17
Nov
2023

iO Partners appoints new Head of Data for CEE

by Property Forum
iO Partners has decided to promote Ján Bošácky to the position of Head of Data for CEE. This decision is aimed at delivering best-in-class data solutions to regional and international clients. His mission is to build the most robust Real Estate Data Hub, which will, in turn, help maintain the company's status within the countries where iO Partners operates. 
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News Penta acquires more land in Prague from Czech Railways
16
Nov
2023

Penta acquires more land in Prague from Czech Railways

by Property Forum
Penta Real Estate has acquired unused land in Florence from České dráhy for CZK 234 million (€9.565 million). A new district is to be built on the brownfield site near the main thoroughfare, which will seamlessly connect to two buildings near Masaryk railway station, newstream.cz reports.
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Latest news


New leases

  • iO Partners Serbia concluded its first office deal when Office Me, a coworking space, leased 1,100 sqm of office space in the Artklasa building in Belgrade.
  • With the support of Coreside Savills, video game development company Nordeus has decided to renew its lease for 6,100 square meters of office space within Green Heart Business Park, located in Belgrade.
  • Natura Bakery will lease almost 200 sqm of space on the ground floor of Poznan's Nowy Rynek E office building, developed by Skanska. The premises are scheduled to open in spring 2024.

New appointments

  • As of December 2023, Dorota Lachowska has joined the market research team at Knight Frank Poland as director of the department.
  • MLP Group is strengthening its sales team in Poland with the appointment of Przemysław Fijałkowski as Leasing Manager responsible for the lease of space in projects located in southern Poland.
  • Axi Immo is developing its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.

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