PSN is starting the transformation of the Brno One brownfield in Plynárenská Street this year. In the course of the following years, it is going to turn into a modern urban district combining housing, spaces for work and leisure activities.

CPIPG has sold its half share in the historic house U Petržilků in Prague on Malostranské Square to the Spolumajitelé group, Seznamzpravy.cz reports. 

Brno has acquired a document essential for the city's development. The new city master plan, which has been in preparation for more than 20 years, has come into force, reports newstream.cz.

Agricultural land in the Czech Republic is increasingly attractive to investors thanks to stable price growth, decreasing availability or easier management, says Lukáš Cibulka, Director of the real estate portal Mojepole.cz in the current assessment of the land market in the Czech Republic with outlooks for 2025.

Penta Real Estate and Komerční Banka have agreed on financing the construction of the residential project Mocca Residence. The credit is corresponding to the costs to be invested in the project by Penta. 

Passerinvest has been optimising the management and operation of its buildings, this time focusing on waste management. Since October last year, the company has introduced changes in the organisation of waste collection. This step aims to increase the efficiency of waste management, minimise the traffic burden and ensure accurate data for recording the total amount of waste. 

The Czech office market is facing historically low supply, especially in premium locations where new office construction has slowed down significantly. CTP is responding to these needs through its Clubco network of coworking centres. 

The foundation stone of the second stage of the SO-HO Rezidence by Cresco has been laid in Prague's Holešovice.

Česká Spořitelna has already revealed its plans to move its headquarters within a few years. Its new campus is being built in Smíchov, Prague. With this planned change, which should take place around 2028, the bank is planning to completely abandon its existing buildings near the Budějovická and Roztyly metro stations. The bank has already put its old buildings on the market, reports e15.cz.

Penta Real Estate and the XPlace platform owned by the Archdiocese of Prague, have decided to continue their cooperation in developing rental housing. XPlace has agreed to acquire two apartment buildings with 62 residential units in the Nová Waltrovka in Prague 5.