ARTICLES LABELLED WITH TAG Czech Republic

The second phase of the AFI Home Kolbenova project in Vysočany in Prague developed by AFI Europe has reached 50% occupancy. The project is offering 327 residential units for long-term rentals.

Equs has announced that its Equs Park Lovosice project has received a building permit and new premises are planned to be available at the beginning of 2025.

P3 Logistic Parks has appointed  Marek Jaskula, who is well-oriented in real estate thanks to his previous experience as a real estate consultant, as a new Leasing Manager.

CPIPG has published unaudited financial results for the six months ended 30 June 2024. Further reducing leverage and complexity remains the Group's key priority, as David Greenbaum, CEO at CPIPG explained.

CPIPG has prepared an update for our stakeholders regarding the completion of the independent review of allegations raised by short seller Muddy Waters. Global law firm White & Case has concluded its independent compliance review of the allegations raised by short seller Muddy Waters since November 2023, along with an assessment of our governance practices. 

VGP NV has announced results for the first half of 2024. Compared to the first half of 2023, profit before tax has increased by 218%. The company has also concluded a record volume of new rental contracts.

The gap between offer and final prices is narrowing in the Czech Republic and is helping transaction activity for the rest of 2024, according to the regular quarterly office market survey published by Colliers. 

Crestyl has completed two residential houses in its Prague development district Hagibor. The Gamma building with 138 apartments for sale and the Delta building with 168 apartments for rent have passed the building use approval in July.

Savills is moving its headquarters to new office space within the Masaryčka project in the centre of Prague. An additional 50% floor space is giving the Savills the foundation to expand its headcount towards 100 employees over the next phase of the business.

The last unit of Arete Park Valašské Meziříčí has been finished and handed over to DB Schenker, completing the other two units in this park used by the same tenant.