ARTICLES LABELLED WITH TAG czech-republic
07
Jun
2024
Jun
2024
Preparation for new Penta funds is in full swing
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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06
Jun
2024
Jun
2024
EQUS Parks receives permit in Lovosice
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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05
Jun
2024
Jun
2024
EPG starts construction of multiplex in Karlovy Vary
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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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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Latest news
- Report: 85% of flex operators plan expansion in the coming years
- Fiege tops 50,000 sqm of leased space in Panattoni projects
- Panattoni sells 32,000 sqm logistics park in Ruda Śląska
- CTP signs 37,000 sqm lease with P&G in Prague
- Meta Estate Trust opens its first retail park near Bucharest
- Where capital is returning and why resilience matters more than ever
- Trigea Fund buys 88,000 sqm logistics park near Warsaw
- Lululemon plans expansion in Eastern Europe
- Primark plans to double store network in Romania
- Romania heads for weak December shopping season over consumer caution
New leases
- 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.
- Greek jewelry designer Anna Maria Mazaraki has opened her first Romanian store in Bucharest-based ParkLake Shopping Center. The transaction for the new location was brokered by Cushman & Wakefield Echinox.
- Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.
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.
