ARTICLES LABELLED WITH TAG Czech Republic

Abandoned industrial areas and railway stations in Prague are being transformed into modern districts for tens of thousands of residents. These are the five largest projects under construction in the metropolis, reports seznamzpravy.cz.

Looking at the Czech industrial real estate market in Q2 2025, it is clear that the market has not yet fully recovered from the downturn of last year, according to a regular quarterly survey conducted by Colliers. Gross realised demand has fallen 34% below the five-year average. On the other side, growth in the vacancy rate is positive news for tenants. 

July surprised with strong volumes, as well as the number of new mortgages, according to data from the CBA (Czech Banking Association) Hypomonitor, which captures data from all Czech banks and building societies providing mortgage loans. In July 2025, they provided new mortgages for CZK 30 billion (€1.225 billion).

Geosan Development is moving its largest residential project to date, Re.Start Petynka, to another milestone. The residence is developed on a long-unused plot of land near the Petynka swimming pool in Prague 6. Now it has received a valid building permit.

Savills has announced that David Štrouf, an investment professional with a background in Private Equity and Real Estate consulting, has joined the Savills Investment team as Associate Director. 

The P3 Lovosice Cargo logistics hall, unique thanks to its railway siding, has been leased to a new tenant. The hall, with an area of over 43 thousand sqm, can accommodate a train with up to 15 wagons.

96% of European logistics tenants are planning to expand their capacity in the next 12 months, to a greater or equal extent than in the past year, according to the latest CBRE survey.

The Savarin project by Crestyl Development Group has received a valid zoning decision, enabling the reconstruction of the courtyard in the vicinity of Prague's Wenceslas Square.

CTP has expanded its portfolio with the CTPark Pardubice Rosice in the Czech Republic. The acquisition, completed on 6 May 2025, has confirmed CTP’s confidence in the Pardubice region as a promising centre for modern industry and logistics. 

Digitalisation of the construction permitting process has proven to be a significant obstacle to the development of cities and municipalities, according to the recent CEEC Research survey. In practice, it is still not working as expected. On a scale from 0 (completely non-functional) to 10 (fully functional), city representatives have given the system an average score of 3.40.