ARTICLES LABELLED WITH TAG Czech Republic

News Industrial deliveries in Romania down 69% in Q1 2024
03
Jun
2024

Industrial deliveries in Romania down 69% in Q1 2024

by Property Forum
The industrial sector in Romania is recording a slowdown in Q1 2024, with the same trend being recorded across Central and Eastern Europe (CEE) markets, according to a iO Partners analysis.
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News CPI Property Group closes €600 million of disposals YTD
03
Jun
2024

CPI Property Group closes €600 million of disposals YTD

by Property Forum
CPIPG has published unaudited financial results for the three months ending 31 March 2024. Total assets have reached €21.5 billion, and CPIPG’s property portfolio is equal to €19.2 billion (versus €19.5 billion at year-end 2023).
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News CPIPG reacts to rating downgrade and other recent events
03
Jun
2024

CPIPG reacts to rating downgrade and other recent events

by Property Forum
S&P Global Ratings has downgraded CPIPG’s rating from BBB- to BB+ with a negative outlook. CPIPG has communicated an update for its stakeholders concerning recent events and news.
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News RSJ completes reconstruction of Prague building
29
May
2024

RSJ completes reconstruction of Prague building

by Property Forum
The RSJ investment group has completed the reconstruction of the U Červené lišky (At the Red Fox) building on Old Town Square in Prague. The investment group RSJ has owned the property U Červené lišky since December 2021 and evaluated the purchase more as a matter of the heart than as an investment.
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News Good mood among Czech retailers is evident
29
May
2024

Good mood among Czech retailers is evident

by Property Forum
Q1 2024 retail data has revealed that the difficult period of the coronavirus pandemic and the unfavourable economic situation of last year is over in the Czech retail market. In its analysis of the Shopping Center Index, CBRE has looked back at the 2023 performance of regional shopping centres.
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News Czech logistics market sees growing demand and longer decision time
29
May
2024

Czech logistics market sees growing demand and longer decision time

by Property Forum
Interest in the industrial and logistics space in the Czech Republic has reached a record height, rising 50% in the years 2019 and 2023 comparison. The growth in interest continued in the first four months of this year. Cushman & Wakefield is presenting data based on its record of enquiries.
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News Brno resi market wakes up
28
May
2024

Brno resi market wakes up

by Property Forum
In Q1 2024, 246 resi units in Brno have found their buyers. This is a 100% increase compared to the previous year's average, according to data by Trikaya.
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News CPIPG reduces company complexity
27
May
2024

CPIPG reduces company complexity

by Property Forum
CPIPG has announced the Group’s strategic initiatives including group simplification, financing updates and governance review.
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News CTP goes green in Pohořelice
24
May
2024

CTP goes green in Pohořelice

by Property Forum
DHL Supply Chain has been operating a carbon-neutral distribution centre for Eaton in CTPark Pohořelice since January 2024. The developer CTP has actively participated in its transformation.
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News Passerinvest launches construction of office project in Prague
23
May
2024

Passerinvest launches construction of office project in Prague

by Property Forum
Passerinvest Group has started the construction of a new office and mixed-use building in Prague's Brumlovka. Offices, shops and rental apartments are all listed in the design concept of the Hila project.
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Latest news


New leases

  • Iulius has attracted Kaufland as an anchor tenant in Family Market Tomești, based in Iași County. The retailer will open a 4,000 sqm hypermarket, while the whole project will have a leasable area of around 16,000 sqm.
  • DHL Express Romania has opened its new operational center at VGP Park Bucharest North in Ștefăneștii de Jos, marking the company's first carbon-neutral facility in the country, following a €5 million investment The 4,130 sqm facility includes 3,604 sqm of warehouse space and 526 sqm of offices, with a maximum sorting capacity of 2,800 items per hour.
  • Industrial developer CTP announced that Moemax, part of the XXXLutz Group, has signed a lease for a 5,300 sqm logistics unit at CTPark Bucharest South.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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