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. 

Kristýna Milovanović has been appointed Associate and the Head of Retail Tenant Representation at Cushman & Wakefield. In this role, she is going to be responsible for providing strategic advice to clients entering the Czech market and expanding their presence.

According to the Savills European Real Estate Logistics Census, the Czech Republic is becoming a key destination for industrial tenants' expansion within Central and Eastern Europe. 

Cushman & Wakefield has announced Nicolas Horky is joining the company to lead the hotel transactions team in the Central, Eastern and Southeastern European regions. 

Developer AFI Europe is launching a new coworking centre on the ground floor of the AFI Home Kolbenova 1 rental residence in the AFI City district in Vysočany, Prague 9. Coworking spaces as part of the rental project are among the developer's domestic innovations.