ARTICLES LABELLED WITH TAG Czech Republic

News Swiss Life Select Reality appoiints new CEO
07
Nov
2023

Swiss Life Select Reality appoiints new CEO

by Property Forum
As of 7 November 2023, Swiss Life Select Reality will be managed by Andrea Daňhelová, who was previously Director of Operations, Legal and Compliance. Andrea Daňhelová takes over the management of one of the most important real estate companies on the Czech market from Jaromír Mašek, who has been in charge of the company since its establishment in 2013. Swiss Life Select Reality is a subsidiary of Swiss Life Select. 
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News C&W names new Head of CEE & SEE Hotel Transactions
07
Nov
2023

C&W names new Head of CEE & SEE Hotel Transactions

by Property Forum
Cushman & Wakefield has appointed Magsud Rahmanov as the new Head of Hotel Transactions CEE & SEE and named him as a Partner. 
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News Prologis signs major lease with dm-drogerie markt in Prague
06
Nov
2023

Prologis signs major lease with dm-drogerie markt in Prague

by Property Forum
Dm-drogerie markt has signed an agreement to lease new warehouse space in Prologis Park Prague-D1 Ostředek. The new dm distribution centre will cover an area of 21,000 sqm and will also include offices. 
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News Czech developer Antracit expands and appoints new director
05
Nov
2023

Czech developer Antracit expands and appoints new director

by Property Forum
The Antracit development group is expanding its project team and changing its organizational structure. Zuzana Bajgarová has been appointed Director for the Czech Republic and Slovakia. 
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News CTP builds new city area in Ostrava
05
Nov
2023

CTP builds new city area in Ostrava

by Property Forum
A new city area CTZone is under construction in Ostrava, which will be the centre of business opportunities and residential housing. Behind the ambitious project is CTP, which is simultaneously developing several other activities in the Ostrava region. 
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News Czech bank sells Prague properties for more than €41 million
03
Nov
2023

Czech bank sells Prague properties for more than €41 million

by Property Forum
One of the largest Czech banks, Komerční banka, is selling one of its buildings at 42 Wenceslas Square. However, neither the price of the transaction nor the new owner has been disclosed yet. The transaction was first reported by the online daily newstream.cz. 
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News Crestyl takes full control of Polish residential developer Spravia
02
Nov
2023

Crestyl takes full control of Polish residential developer Spravia

by Property Forum
Czech developer and investor Crestyl has strengthened its position in the Central European residential property market. This week it completed the acquisition of the remaining 50% stake in one of Poland's largest residential developers Spravia (formerly Budimex Nieruchomości) from Cornerstone Partners, giving it full control of the company. Both partners initially bought the Polish developer in 2021 for PLN 1.51 billion (approximately CZK 8.5 billion) in one of the largest real estate deals in CEE. The price of the current transaction has not been disclosed. This acquisition will enable the integration of Spravia into the Crestyl Group, while further strengthening Crestyl’s balance sheet from the current €850 million to €1.3 billion, with the intention to grow further in both markets.
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News Penta to buy Florenc bus station in Prague
31
Oct
2023

Penta to buy Florenc bus station in Prague

by Property Forum
The investment group Penta, which is developing the area around the Masaryk railway station in Prague, wants to buy ČSAD Praha Holding through Penta Real Estate. The company owns the Florenc bus station and the surrounding land. The merger is being assessed by the Office for the Protection of Competition (ÚOHS) in a so-called simplified procedure, and a decision will be issued within 20 days. The companies have not disclosed the price of the transaction. Penta also completed work on two nearby buildings called Masaryčka on Monday. The group's long-term intention is to unify the entire area by ownership, writes the daily e15.cz.
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News Corwin and Hartenberg to sell bonds in Slovenia
31
Oct
2023

Corwin and Hartenberg to sell bonds in Slovenia

by Property Forum
A real estate bond sale in Slovenia worth €9.5 million was announced by Slovak property developer Corwin and Czech investment company Hartenberg operating in CEE.
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News Portin Group to sell ten Czech retail parks for €162 million
27
Oct
2023

Portin Group to sell ten Czech retail parks for €162 million

by Property Forum
A CZK 4 billion (€162 million) real estate deal is set to take place in the Czech Republic in 2024, which will undoubtedly be one of the biggest in the next year. Development group Portin is set to sell a set of around ten retail parks whose main tenants include Billa, Penny Market, DM Drogerie and Datart, writes online daily e15.cz. 
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Latest news


New leases

  • Viking Shared Service Center Cluj has relocated its Cluj-based offices in Record Park, which is owned by AYA Properties Fund and developed by Speedwell. The lease deal was brokered by Griffes.
  • Asian restaurant Sagakura has signed a lease agreement in America House for a retail space with an area of 103 sqm and a terrace with an area of 130 sqm. Meanwhile, beverage operator Royal Bubble has leased 31.76 sqm and an additional terrace space of 26 sqm in the same building. FruFru, a healthy food & drink option, reopened following a location change in the office project. The lease deals were brokered by Chain Trust.
  • The Aura Centrum Olsztyn shopping centre saw the opening of the largest Ochnik brand store in the Warmia and Mazury region in Poland. The shop occupies an area of 433 sq m and is located in the modernised passageway of the gallery on level +2.

New appointments

  • Axi Immo is developing its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.
  • Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
  • Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.

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