ARTICLES LABELLED WITH TAG Czech Republic

Mint Investments has announced the extension of its lease with McKinsey & Company at Main Point Pankrác in Prague.

YIT has started selling apartments in one of its first residential projects outside Prague, Portti Kladno. The project is located on a brownfield site of former cold storage facilities with an area of almost 12,000 sqm. The second stage is to offer 102 apartments for personal ownership. 

Gross realised demand on the Czech industrial real estate market has risen above the five-year average in the first quarter of this year, indicating the potential for market recovery. Over 155,000 sqm of new space has already been delivered to the market this year, and a further 1.6 million sqm is currently under active construction, according to a survey conducted by Colliers.

Karimpol International is building Vydrovka Office Center in Pobřežní Street in Karlín in Prague 8, with the project name referring to the first half of the 20th century, when a retail company Vydra & Bohuslav used to have its factory and a warehouse on the site.

With over two decades of experience in commercial real estate, Petr Machula has witnessed—and helped shape—the industry's transformation from analogue chaos to digital sophistication. Now spearheading business development at SINGU, a leading CAFM platform, Machula reveals how cutting-edge AI, ESG integration, and deep user insight are redefining facility management. In this interview, he shares how SINGU is not just keeping up with the times but setting the pace for the future of operational real estate across Central and Eastern Europe.

The Trio Radotín residential project in Prague 16, which is developed by the company Doma je Doma, has sold out more than 60% of 205 apartments and 14 commercial units. 

The residential construction in the Czech Republic has been facing a confusing permitting system, lengthy processes and frequent obstructions. The Czech Republic has long been one of the countries with the most complicated construction procedures in Europe, ranking, according to World Bank data (2020), 157th out of 190 countries monitored, reports the real estate office Philip & Frank.

NEMO Fund has acquired the Panorama Business Center office building, which is located next to the National Museum in Prague.

The first quarter of 2025 has been marked by extraordinary activity on the Czech commercial real estate market. According to Colliers, total investment volume reached €1.48 billion, already surpassing the full-year 2023 results of €1.15 billion. Several large transactions with a value above €100 million contributed to this record.

YIT has completed the base building construction of the tenth phase of Tampere, which is being built in the Suomi Hloubětín complex in Prague 9. The apartment building is offering 68 units and 5 commercial spaces.