KKCG Real Estate Group and Alma Development have announced the first phase of the residential project Bydlení Meta Modřany in Prague 12. The renovation of the Chirana factory building is bringing the concept of compact urban housing in the form of lofts.

The Municipal Court in Prague has approved the reorganisation plan of the bankrupt company Arca Investments, drawn up by the creditor IFIS investiční fond. The information has been published in the insolvency register, reports E15.cz. 

Jakub Kodr, Managing Director of CTP Czech Republic, recently sat down with Property Forum to share insights on the company’s evolving strategy. From a stronger focus on manufacturing and high-tech industries to pioneering mixed-use developments, he outlined how CTP is embracing nearshoring, driving sustainable growth, and building value-focused urban ecosystems.

Investment and development company AFI has announced the appointment of Karin Shalev Shogol as CEO for the Czech Republic. Karin has replaced Doron Klein who will focus on other tasks and challenges related to AFI after fourteen years of successful leadership of the Czech team. 

CFIG has opened CFIG WorkSpace, a coworking space in the heart of Pardubice for startups, students and small businesses. It is designed to provide support, share ideas and get advice from other entrepreneurs and professionals.

Amundi Czech Republic has announced the sale of the office building The Square, directly above the Budějovická metro station in Prague. The new owner is Mint Investments.

The Realia Fund Sicav has been focusing on investments in regional retail parks. It has now announced the results for 2024. Since its inception in 2020, the fund has achieved an average annual appreciation of 9.91% p.a.

Office fit-out costs in Prague are still competitive despite rising construction costs and higher demand for modern work environments. According to the latest report from Cushman & Wakefield EMEA Fit Out Cost Guide Prague's offer of high-quality office spaces is at more favourable prices compared to other European cities.

Currently, data centres are one of the most attractive real estate asset classes for investors, according to an analysis by Savills. Investment volumes in this segment have been soaring to new heights, driven by the rapid adoption of AI, cloud computing, and digitalisation across industries. 

Construction labour cost and availability have become the primary concerns for real estate developers in Central Europe, according to a new survey by Deloitte. This shift sees it surpassing project financing, which has been the dominant issue in recent years.