The Czech Republic is on the cusp of a major transformation of its transport infrastructure having far-reaching consequences for the industrial and logistics real estate market across the Central European region, reports Colliers in its recent study.

Investments in funds in the Czech Republic are experiencing a sharp increase. According to data from the Association for the Capital Market (AKAT), the volume of assets in collective investment funds has increased by CZK 46 billion (€1.82 billion) in Q2 2024 alone. 

Concens Investments has purchased from the City of Ostrava a 513,000 sqm plot in the strategic development zone in Ostrava Mošnov through its company OAMP Holding. 

Marjan Gigov has joined Cushman & Wakefield as an Associate and Specialist for Leasing Premium and Luxury Retail Spaces in the Czech Republic and CE region. In this role, he is going to be primarily responsible for leasing spaces and projects on Prime High Streets.

By reconstructing the office building in Prague's Brumlovka, together with the optimisation of technology operation, Passerinvest Group reduced the building's energy demand by more than 50%. It included a complete renovation of the facade and roofs. At the same time, all technologies ensuring a quality indoor environment were also modernised.

CTP has announced the expansion of the premises for CIE Automotive at CTPark Hranice located in Moravia with direct access to motorways leading to Olomouc, Ostrava and Poland.

The digital construction permitting procedure in the Czech Republic is not going to be fully functional in the foreseeable future. There is even the possibility of commissioning a completely new system, reports E15.cz.

Realia Fund Sicav has completed the acquisition of two retail parks, and the fund portfolio's value now exceeds CZK 2.2 billion (€86.8 million). A transaction with a total volume of approximately CZK 180 million (€7.1 million) concerns retail parks in Pilsen and Frýdek-Místek.

The owner of the Máj shopping centre on Národní Street in Prague, Amadeus Real Estate (ARE), closed the children's playground on the building's roof in August due to missing permission and is now also closing the indoor playground named Lvíčkov (Little Lion Land), reports E15.cz.

AFI Europe and FINEP have announced the conclusion of a long-term framework agreement on cooperation in the development of rental housing in Prague. The move is based on their previous collaboration in this area.