ARTICLES LABELLED WITH TAG Czech Republic

News Prague municipality approves purchase of new building
25
Mar
2024

Prague municipality approves purchase of new building

by Property Forum
The Prague municipality is offering Komerční banka (KB) CZK 3.65 billion (€143,865 million) for the building on the corner of Wenceslas Square and Štěpánská Street, reports Newstream.cz.
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News Renovated department store in Prague to open in June
25
Mar
2024

Renovated department store in Prague to open in June

by Property Forum
The Máj department store, whose reconstruction has been running since July 2022, is planning its reopening to the public in June 2024, reports E15.cz.
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News Arete hands over extension in Plzeň
22
Mar
2024

Arete hands over extension in Plzeň

by Property Forum
The extension of ARETE Park Plzeň Borská pole for Czech logistics and technology company Zásilkovna has been completed and handed over to the tenant for use.
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News Natland invests in new district in Kladno
22
Mar
2024

Natland invests in new district in Kladno

by Maria Novakova
The investment group Natland has become the owner of land near the newly reconstructed main railway station in the city and at the same time also the owner of the Stromovka Kladno development project.
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News AFI apartments head to Prague rental market
20
Mar
2024

AFI apartments head to Prague rental market

by Maria Novakova
AFI Europe has just completed the interiors of sixty rental apartments in the second phase of the AFI Home Kolbenova project in Vysočany, Prague. They are available for immediate occupancy.
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News VGP launches construction of new hall in Ústí nad Labem
19
Mar
2024

VGP launches construction of new hall in Ústí nad Labem

by Property Forum
VGP is starting the construction of new warehouses in its VGP Park Ústí nad Labem City. Building B is being prepared for the Czech logistics company RTR-Transport a logistika s.r.o.
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News Drees & Sommer appoints new MD for Czech office
19
Mar
2024

Drees & Sommer appoints new MD for Czech office

by Property Forum
Drees & Sommer, a European consulting company providing a single source of consultation and implementation services for the real estate, industrial, energy and infrastructure sectors has appointed Zdeněk Kovář as Managing Director for the Czech Republic.
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News Insolvency in Czech construction market grows
14
Mar
2024

Insolvency in Czech construction market grows

by Property Forum
Construction is one of the riskiest industries in terms of payment morale. According to data from Coface, the number of insolvencies in the Czech construction industry is growing, reaching its peak only in the second half of the year 2024.
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News Demand for flex offices in Prague keeps growing
14
Mar
2024

Demand for flex offices in Prague keeps growing

by Property Forum
Prague is the second most active European market for flexible offices after London. Metropolises such as Warsaw, Amsterdam and Madrid follow at a distance, CBRE reports.
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News Promotion can hardly catch you at home office
14
Mar
2024

Promotion can hardly catch you at home office

by Property Forum
A recent Colliers survey, based on an analysis of responses from more than 500 Czech employees across a range of industries, has revealed that over 40% of employees consider telecommuting to be a barrier to their career progression.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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