ARTICLES LABELLED WITH TAG Czech Republic

Over the past few decades, the structure of the Prague office market has evolved into twelve major office hubs, reports Savills in its Prague Office Hubs 2025. These areas form the City’s largest concentrations of high-quality office space.

CTP has transformed a former tire warehouse at CTPark Bor in the Czech Republic into a cutting-edge logistics centre. The newly refurbished 17,500 sqm facility has been prepared to serve a long-time partner, DB Schenker. 

After more than a year of debate, Prague councillors have allowed the sale of land around the Nádraží Holešovice metro station C, reports E15.cz. The Prague Public Transport Company (DPP) is to sell it to the Nové Holešovice company, a joint venture between DPP and developers Karlín Group and CPI Property Group. 

Skanska is redefining demolition with its “remolition” project. Mercury, the future development by Skanska in Prague’s Holešovice, is designed to minimise its carbon footprint throughout its lifecycle.

Realia Fund Sicav has expanded its portfolio with a newly built retail park in Šumperk in the Czech Republic. Owning currently 21 retail parks the fund has exceeded its portfolio to the value of CZK 2.8 billion (€112 million).

Gridarch (formerly Concens Investments), the BMW Group, the Statutory City of Ostrava and the Moravian-Silesian Region have laid the foundation stone of the BMW Group logistics centre this week.

Penta Real Estate has completed and handed over a residential building with 54 apartments for long-term rental housing in the area of Waltrovka Pod Vidoulí in Prague. It has been built on a turnkey basis for the XPlace platform, which is operated by the Archbishopric of Prague. 

The Czech headquarters of the American Citi are soon moving to Nova Waltrovka in Prague. The bank will occupy new premises in the Metalica building from Penta Real Estate.

The demand for fully furnished apartments for rent in Prague has been growing for some time. The new trend is reflecting today's accelerating pace, expecting the market to accommodate.  

The European Bank for Reconstruction and Development (EBRD) has cut its 2025 growth forecast for its regions by 0.2 percentage points to 3.0%, with a moderate rebound to 3.4% expected in 2026. This follows a similar downgrade in February and reflects mounting global headwinds, including rising trade policy uncertainty, softening external demand, and newly imposed tariffs.