ARTICLES LABELLED WITH TAG Czech Republic

24
Mar
2021

B&B Hotels sells Budapest and Prague hotels to French investor

by Property Forum
Cushman & Wakefield Hospitality supported B&B Hotels in disposing of a portfolio of two hotels to Primonial REIM, a leading independent real estate asset management group based out of Paris, France.
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24
Mar
2021

VGP builds 126,000 sqm park near České Budějovice

by Property Forum
VGP has launched the construction works for a new technological park near South Bohemian metropolis. VGP Park České Budějovice will be located in a commercial zone named Světlík directly at the edge of the city with excellent road and public transport links to the city centre and direct access to the D3 motorway connecting Prague with the Austrian city of Linz. On a land area of about 37 hectares, the site will offer more than 126,000 sqm of lettable area suitable for logistics and light manufacturing.
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24
Mar
2021

Former CNB governor and Realism launch Czech real estate fund

by Property Forum
Zdeněk Tůma the former governor of the Czech National Bank (2000-2010), portfolio manager Martin Pětivoký and Martin Hubinger , the owner of residential developer Realism, have founded IRQ Funds and are launching a new fund named IRQ Residential Rental for qualified investors focused on rental housing.
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22
Mar
2021

Fidurock expands residential portfolio in Prague

by Property Forum
In March 2021, Czech-Dutch investment company Fidurock has added a new asset to its residential portfolio in Prague.
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22
Mar
2021

Lockdowns put local and long-term players in a better position

by Ákos Budai
Travel restrictions and the inability to meet in person have caused a lot of headache for many market players but in many cases, it also provided certain types of investors with an advantage. Pavel Streblov, Business Director at Penta Real Estate talked to Property Forum about the company’s development and investment strategy and shared his expectations for the year ahead.
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19
Mar
2021

Fidurock obtains building permit for Brno project

by Property Forum
Czech-Dutch investment company Fidurock has obtained a building permit for the reconstruction of an apartment building in Brno.
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18
Mar
2021

Heimstaden buys residential portfolio in Plzeň

by Property Forum
Swedish company Heimstaden, the third-largest provider of rental housing in Europe, continues its investments in housing in the Czech Republic. The company, which bought Residomo with 42,500 apartments mainly in the Moravian-Silesian Region last year, is now expanding its portfolio with a €22.7 million acquisition in Plzeň from Czech developer Daramis.  The new assets include 226 flats and 5 non-residential premises.
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17
Mar
2021

Czech proptechs grew dynamically in 2020

by Property Forum
Despite the difficulties caused by COVID-19, the year 2020 was a turning point, in a positive sense, for most Czech Proptech companies. as the pandemic situation created strong pressure to automate and digitize processes using modern technologies. These technologies include machine reading, artificial intelligence or the Internet of Things. Many companies have expanded to foreign markets, where Czech solutions for residential and commercial development are receiving positive responses. The Czech-Slovak Association of PropTech Companies has received feedback from 5 progressive companies.
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17
Mar
2021

Lengthy approval processes limit Czech industrial market growth

by Property Forum
Czech real estate consultancy 108 Agency has published the first edition of an original project that provides an overall summary of the Czech industrial real estate market from the perspective of individual development companies and owners.
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17
Mar
2021

Passerinvest Group sells Ostrava building to local investor

by Property Forum
Passerinvest Group has sold the Nová Karolina Park office building in the centre of Ostrava. The new owner is locally based investment group RT TORAX Group.
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Latest news


New leases

  • CPI Property Group has relocated its headquarters to the Warsaw Financial Centre. The legal, technical, marketing and PR teams will take up close to 800 sqm of office space.
  • German medical furniture manufacturer Stiegelmeyer has leased 3,600 sqm of warehouse space in GLP Toruń, which will be used as the company’s European distribution hub.
  • The women's underwear manufacturer Agio Milano has decided to rent 800 sqm of warehouse space in a private investment located near Ożarów Mazowiecki near Warsaw. AXI IMMO was responsible for negotiations on behalf of the tenant.

New appointments

  • The Board of 7R has appointed Katarzyna Dorocińska to the position of Head of Marketing and Communications. Katarzyna's main responsibilities will include the creation and implementation of a new marketing and communication strategy for the 7R brand.
  • Bartłomiej Krzyżak, formerly Director in the Investment Department, has been promoted to Senior Director at Avison Young. Bartłomiej has been at Avison Young from the very beginning of the company’s entry into the Polish market. He has 12 years of professional experience gained also in CBRE, Cushman & Wakefield and Savills.
  • Roman Babic has joined CBRE's Zagreb corporate office as Property Manager within the Property Management department.


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