ARTICLES LABELLED WITH TAG Czech Republic

News CTP welcomes several new tenants in Ostrava
03
Mar
2023

CTP welcomes several new tenants in Ostrava

by Property Forum
CTP has welcomed several prominent tenants to one of its parks in Ostrava in a short period of time. Companies such as UPS Healthcare, Savera Components CZ, Europapier, and Gebrüder Weiss have moved their activities to CTPark Ostrava Poruba, into which CTP has so far invested approximately €40.4 million (CZK 950 million).
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News CTP records net rental income gain of 38.3% in 2022
03
Mar
2023

CTP records net rental income gain of 38.3% in 2022

by Property Forum
Industrial developer CTP's net rental income amounted to €452.1 million in 2022, which was an increase of 38.3% year-on-year, while like-for-like rental growth was 4.5% last year, mainly driven by reversion on expiring leases and renegotiations, and supported by the 2021 indexation of 1.7%. The company's annual profit decreased by 22.4% from €1,025.9 million in 2021 to €796.5 million in 2022.
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News Creditas Real Estate to build flats for €1 billion in Czechia
03
Mar
2023

Creditas Real Estate to build flats for €1 billion in Czechia

by Vera Tumova
Over the next 10 years, development group Creditas Real Estate plans to invest €1.151 billion in residential construction in the Czech Republic. It wants to build up to 5,500 apartments, of which 1,000 should be for rental housing. The company's CEO Jiří Vajner informed journalists about this.
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News Brno's office market is in a stage of uncertainty
02
Mar
2023

Brno's office market is in a stage of uncertainty

by Property Forum
Demand for office space in Brno is changing, companies are more reserved towards commitments due to higher costs. New construction will bring additional metres to the market, which, together with the tenants’ behaviour, will gradually decrease its absorption. Vacant meters will be filled gradually and slowly, which could be fuelled by the arrival of more international companies, says Cushman & Wakefield´s analysis.
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News REICO sells office building in Bratislava
02
Mar
2023

REICO sells office building in Bratislava

by Property Forum
REICO ČS Nemovitostní fund (RČSN) has renewed its portfolio. After purchasing the multifunctional property Bořislavka Centrum in Prague and the logistics park Panattoni Park Tychy DC2 last year, it has now proceeded to sell the Office Box office building in Bratislava, one of its longest-held properties. The building was purchased by MOVYS Invest, a Slovak company which focuses primarily on providing services in the telecommunications sector.
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News Mint Investments plans to expand its residential portfolio
28
Feb
2023

Mint Investments plans to expand its residential portfolio

by Vera Tumova
This year, Mint Investments will continue focusing on creating above average returns with minimum risk for its investors in the Czech Republic and Slovakia. Katarina Lindbergh, Partner of Mint Investments discussed this year’s plans for new residential projects in Prague and Bratislava with Property Forum.
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News CEE real estate investment volume hits €10.7 billion
27
Feb
2023

CEE real estate investment volume hits €10.7 billion

by Property Forum
According to Cushman & Wakefield, 2022 witnessed a recovery in commercial real estate investment activity in CEE, with the year closing marginally up compared to the previous year. Total investment volumes in Central and Eastern Europe came in at €10.7 billion, up by 6.6% year-on-year. With more than €5.7 billion worth of deals, Poland continued to lead the way across the region.
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News Domoplan to build 400-flat residential project in Brno
22
Feb
2023

Domoplan to build 400-flat residential project in Brno

by Property Forum
Brno-based developer Domoplan will start to build over 400 flats in a new residential area in Brno next year. The Brixx project will offer housing for around 1,000 people and will cost around €169 million, the developer announced, according to a report by ČTK.
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News VGP completes last hall at VGP Park Hrádek nad Nisou
22
Feb
2023

VGP completes last hall at VGP Park Hrádek nad Nisou

by Property Forum
VGP completed the construction of its largest site in Northern Bohemia. VGP Park Hrádek nad Nisou comprises five halls with a total lettable area of more than 122,000 sqm. All the halls were tailor-made for a single tenant – Drylock Technologies, a global manufacturer of baby diapers and hygiene products, VGP announced.
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News JRD expects gradual revival of Czech residential market
21
Feb
2023

JRD expects gradual revival of Czech residential market

by Vera Tumova
Alex Tomášková, CEO of JRD Land and JRD Development expects to see a gradual revival of demand for residential real estate at the turn of this year and next year. She believes that the energy crisis helps clients to be aware of the quality and energy efficiency of the company’s projects. Highlighting the positive in a negative situation, she talked to Property Forum about the Group’s development plans and ESG strategy.
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Latest news


New leases

  • Peek & Cloppenburg has chosen the Szczecin Galaxy shopping centre to make its debut in West Pomerania in Poland. The brand's only shop in this part of the country will be almost two thousand square metres in size.
  • The Enel-med clinic chain is opening two new outlets in Wrocław: 510 sqm in Sagittarius Business House and 1,374 sqm in the Infinity office building.
  • Malaysian retail chain, MR D.I.Y., begins operations in Polish market at Hillwood Zgierz I. The company has leased nearly 5,000 sqm at the park to set up its first logistics center in Central Europe.

New appointments

  • Angelika Majkowska has taken up the position of HR director at Apsys Poland. Angelika, who has been with the company since 2013, will be responsible for complex HR policies in an organisation with a structure involving more than 19 teams in various locations.
  • Filip Krstičević is joining iO Partners in Zagreb as Regional Manager, focusing on leasing and land deals across the region. With a strong track record of acquiring land sites and developing residential and commercial properties in both Croatia and Australia, Filip is well placed to support international investors entering the Croatian market.
  • The Management Board of Globe Trade Centre S.A. has announced that on 18th of March, 2024 the company accepted Barbara Sikora's decision to resign from the company's authorities.

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