ARTICLES LABELLED WITH TAG Czech Republic

News Finep and XPlace join in residential development
05
Feb
2024

Finep and XPlace join in residential development

by Property Forum
A total of 57 housing units in Prague 6 have been acquired by the Prague Archbishopric after signing a contract with the developer Finep.
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News Renegotiations drive office markets in Moravia
02
Feb
2024

Renegotiations drive office markets in Moravia

by Property Forum
The Regional Research Forum has presented Brno and Ostrava office market data for H2 2023. Renegotiations are the main driver, however headline rents are staying unchanged.
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News Trigea closes Prague shopping centre purchase
02
Feb
2024

Trigea closes Prague shopping centre purchase

by Property Forum
The Trigea real estate fund has officially completed the purchase of the Arkády Pankrác shopping centre in Prague. The price exceeded CZK 6 billion (€241 million), E15.cz reports. It is the largest transaction carried out by domestic retail funds in the Czech Republic.
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News Iconic Prague department store closes for reconstruction
02
Feb
2024

Iconic Prague department store closes for reconstruction

by Property Forum
The Brutalist monument in the centre of Prague has been closed for up to 2 years for reconstruction, reports Newstream.cz. The internal layout of the building is going to change, converting some of the floors into offices.
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News DRFG builds new hall near Hradec Králové
01
Feb
2024

DRFG builds new hall near Hradec Králové

by Property Forum
The DRFG Investment Group and Heraeus Medevio have launched the construction of a new production hall in Plotiště near Hradec Králové. The project is a build-to-own development.
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News Penta builds rental housing in Prague
01
Feb
2024

Penta builds rental housing in Prague

by Property Forum
The XPlace platform, owned by the Archdiocese of Prague, and Penta Real Estate have entered into a partnership in the area of ​​rental housing. Thanks to it, the rental portfolio of XPlace is expanding by two turnkey apartment buildings in the neighbourhood of the Vidoule Nature Park and the new city district of Waltrovka in Prague.
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News Arete Fund's board welcomes new member
31
Jan
2024

Arete Fund's board welcomes new member

by Property Forum
The investment and real estate group ARETE has announced that Jiří Król, an expert in alternative investments and manager with more than 20 years of experience in international leadership positions in investment institutions is joining the Supervisory Board of its investment fund, ARETE INDUSTRIAL SICAV, as of 1st February 2024.
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News pbb provides loan for Czech business parks
31
Jan
2024

pbb provides loan for Czech business parks

by Property Forum
Deutsche Pfandbriefbank has provided a €33 million investment loan facility to a SPV, managed by Amesbury. The company is utilising the proceeds for the refinancing of the two business parks near Prague. pbb has acted as the arranger, agent and sole lender under the facility.
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News CTP leases more than half of park expansion in Ostrava
29
Jan
2024

CTP leases more than half of park expansion in Ostrava

by Property Forum
CTP has leased approximately 40,000 sqm at CTPark Ostrava Hrušov in the Czech Republic to Vitesco Technologies. The company has operated a high-tech R&D centre nearby at CTPark Ostrava for the past 10 years.
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News ZDR enlarges portfolio with retail park in Prague
26
Jan
2024

ZDR enlarges portfolio with retail park in Prague

by Property Forum
ZDR Investments has completed this year´s first acquisition, reports Newstream.cz. The fund for qualified investors has listed in their portfolio the Billa grocery store with subsequent retail in the Kunratice district of Prague.
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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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