ARTICLES LABELLED WITH TAG Czech Republic

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.   

The second phase of solar power plant installation at ARETE Park Valašské Meziříčí has been completed. Photovoltaic panels with a total capacity of nearly 1 MW have been installed on the rooftops of two buildings.

Scott.Weber Workspace has leased new premises in the heart of Prague's Smíchov district, which is fast becoming an important centre of the capital. 

German group ECE has abandoned plans to sell the Brno shopping centre Galerie Vaňkovka, reports E15.cz.