ARTICLES LABELLED WITH TAG Czech Republic

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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News EPG moves ahead with West Czech shopping centre renovation
25
Jan
2024

EPG moves ahead with West Czech shopping centre renovation

by Property Forum
Investor EPG Group has started an extensive renovation of the Varyáda shopping centre in Karlovy Vary. Part of it is the modernization of the existing premises as well as the addition, thanks to which the leasable area of ​​Varyáda is expanding to 27,000 sqm.
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News 500,000 sqm of Czech industrial space awaits tenants
25
Jan
2024

500,000 sqm of Czech industrial space awaits tenants

by Property Forum
The modern developer-led warehouse stock in the Czech Republic has reached 11.70 million sqm. The Industrial Research Forum has announced industrial market figures for Q4 2023.
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News Penta shows winning design for Prague project
24
Jan
2024

Penta shows winning design for Prague project

by Property Forum
Penta Real Estate has announced the results of the architectural competition held last year for a new building in Hybernská Street in Prague, on the site of the former post office building. Seven invited teams from the Czech Republic and Slovakia have participated in the competition.
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News With low construction, what drives Prague's office market?
23
Jan
2024

With low construction, what drives Prague's office market?

by Property Forum
The Prague Research Forum – CBRE, Colliers, Cushman & Wakefield, iO Partners, Knight Frank and Savills – has shared an updated Prague office market insight. Figures and data for Q4 2023 have confirmed a cautious approach both from developers and tenants.
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News Trade unions to sell hotel in Prague
23
Jan
2024

Trade unions to sell hotel in Prague

by Property Forum
Trade unions are offering the Art Deco Imperial Hotel in the centre of Prague for sale, for which they are asking at least CZK 2,15 billion (€86,6 million), HN.cz reports. Offers are accepted until 15th April 2024.
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News C&W appoints new CEE Valuation & Advisory leader
22
Jan
2024

C&W appoints new CEE Valuation & Advisory leader

by Property Forum
Richard Hogg, Partner at the Cushman & Wakefield, has been appointed to lead its CEE Valuation & Advisory team.
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News What challenges is the Czech market facing in 2024?
19
Jan
2024

What challenges is the Czech market facing in 2024?

by Property Forum
According to experts from Colliers, the Czech real estate market is facing several challenges this year.
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News YIT launches next steps of Prague project
18
Jan
2024

YIT launches next steps of Prague project

by Property Forum
Developer YIT has launched the construction and sale of the new Sija Kamýk project in Prague 12. The development of the project is revitalizing the former brownfield used as a building site and later as office buildings in the Praha-Kamýk district.
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News Residential developers in Brno expect buyers back in 2024
17
Jan
2024

Residential developers in Brno expect buyers back in 2024

by Property Forum
The residential segment in Brno has booked rather not a positive record. Data from the real estate company Trikaya, as e15.cz reports, are speaking clearly: while 1,192 apartments in new buildings were sold on the Brno market in 2021, last year it was only 492. This is the least in the last 10 years.
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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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