ARTICLES LABELLED WITH TAG czech-republic

News - P3 expands logistics park in Prague
12
Jun
2024

P3 expands logistics park in Prague

by Property Forum
P3 Logistic Parks has acquired a standalone building next to P3 Prague D8 Park. Established two decades ago, the industrial park has grown to seven buildings totalling 176,840 sqm of leasable space, including the newly acquired hall.
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News - Czech UDI Group prepares for hotel construction in Budapest
12
Jun
2024

Czech UDI Group prepares for hotel construction in Budapest

by Property Forum
International developer UDI Group is developing the Parkside project in Budapest. Baltic hotel group Mogotel is confirmed to operate it under the Staybridge Suites brand name of the global hotel chain IHG.
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News - Preparation for new Penta funds is in full swing
07
Jun
2024

Preparation for new Penta funds is in full swing

by Property Forum
The Penta Group is changing its approach to financing its business – it is preparing new investment funds to offer investors a stake in Penta projects, reports Newstream.cz.
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News - EQUS Parks receives permit in Lovosice
06
Jun
2024

EQUS Parks receives permit in Lovosice

by Property Forum
EQUS Parks Holding has announced that the EQUS Park Lovosice project has received its planning permit. The project will offer 25,164 sqm of built-up area.
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News - EPG starts construction of multiplex in Karlovy Vary
05
Jun
2024

EPG starts construction of multiplex in Karlovy Vary

by Property Forum
The Varyáda shopping centre in Karlovy Vary has been undergoing extensive modernisation and expansion. Construction works are taking place while the centre is in full operation.
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News - JTRE launches sale of resi project in Prague
05
Jun
2024

JTRE launches sale of resi project in Prague

by Property Forum
JTRE is developing a new neighbourhood on a four-hectare area on Rohanský island in Prague 8 – Karlín, including over a thousand apartments with shops and services. The sale of the first stage has been opened.
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News - Czech investor Patria acquires Slovak industrial park
04
Jun
2024

Czech investor Patria acquires Slovak industrial park

by Property Forum
Garbe Industrial Real Estate CEE has completed the sale of Garbe Green Park Piešt'any in Slovakia. The nearly 28,000 sqm industrial park is fully leased. The buyer is Patria investiční společnost, a.s., part of ČSOB. 
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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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Latest news


New leases

  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
  • The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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