The investment group DRFG has bought the Signum Work Station office building in Warsaw, with a leasable area of ​​over 32,500 sqm, reports E15.cz.

According to Savills research, European retail investment volumes reached €19 billion for Q1 to Q3 2024, marking a 6% increase compared to the same period last year. Luxury high street yields are the most favourable among retail investment properties.

A new unit in Arete Park Rokycany 1 has been completed and handed over to the tenant, Safran Cabin CZ, a manufacturer of cabin interiors. The unit is part of the park's second building, which is expected to have a total leasable area of more than 15,000 sqm.

CBRE has summarised this year's developments in the Czech commercial real estate market and provides an up-to-date outlook for 2025. The report highlights anticipated investment activity and the evolution of key segments for the upcoming year.

Prague representatives and representatives of Czech Railways have signed a purchase agreement for the Žižkov Freight Station building and the surrounding land, reports E15.cz. 

Contera has announced a strategic partnership with Blackstone, the alternative asset manager. Blackstone has agreed to acquire CT's Real Estate portfolio of 10 logistics parks for approximately €470 million.

CTP is launching a new project at its T-Park technology campus in Ostrava, Czech Republic. The mixed-use T6 building will create a space that connects the scientific community, innovative start-ups, established companies and students.

Investors across Europe will continue to focus on sectors with strong structural tailwinds, such as living and logistics, according to a Knight Frank report. 

The Hilton hotel in Prague, in which former US President Barack Obama or his predecessors Bill Clinton and George W. Bush have stayed, is being sold by IBRC, the investment structure of the Irish bank NAMA, dealing with debt settlement, reports E15.cz. At the same time, the domestic business elite has been competing with multinational investment capital for the largest Czech hotel.

Only one new office building has been completed in Prague in Q3 of 2024. On the other side, efforts to upgrade some older properties have continued either on an ongoing basis or by temporarily taking them off the market, according to a survey prepared by Colliers.