ARTICLES LABELLED WITH TAG czech-republic
05
Jun
2024
Jun
2024
JTRE launches sale of resi project in Prague
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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04
Jun
2024
Jun
2024
Czech investor Patria acquires Slovak industrial park
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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03
Jun
2024
Jun
2024
Industrial deliveries in Romania down 69% in Q1 2024
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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03
Jun
2024
Jun
2024
CPI Property Group closes €600 million of disposals YTD
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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03
Jun
2024
Jun
2024
CPIPG reacts to rating downgrade and other recent events
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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29
May
2024
May
2024
RSJ completes reconstruction of Prague building
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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29
May
2024
May
2024
Good mood among Czech retailers is evident
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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29
May
2024
May
2024
Czech logistics market sees growing demand and longer decision time
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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28
May
2024
May
2024
Brno resi market wakes up
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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27
May
2024
May
2024
CPIPG reduces company complexity
CPIPG has announced the Group’s strategic initiatives including group simplification, financing updates and governance review.
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Latest news
- Trigea acquires Wola Center in major Warsaw office deal
- Panattoni delivers 15,000 sqm factory for E.G.O. in Łódź
- P3 signs new Mexen deal for 41,000 sqm warehouse in Poland
- SCF launches retail park fund targeting 10% annual returns
- CEE property markets set for growth in 2026 amid supply gaps and modernization
- Jared Kushner abandons plans for Trump-branded hotel in Serbia
- Hubix invests €20 million in resi project near Bucharest
- DL Invest Group buys Platan Park Warsaw
- Offices still dominate – What could challenge them next?
- Manova Partners sells Amazon warehouse in Slovakia
New leases
- Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
- Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
- Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.
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.
