ARTICLES LABELLED WITH TAG czech-republic

News - Penta and Kaprain finish resi project in Prague
04
Jul
2024

Penta and Kaprain finish resi project in Prague

by Property Forum
The Victoria Palace building on Vítězné Square in Prague has received valid building use approval. The project developed by Penta Real Estate and Kaprain has been designed with 92 high-end apartments and retail units on the ground floor. 
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News - New Czech Building Act becomes valid with struggles
04
Jul
2024

New Czech Building Act becomes valid with struggles

by Property Forum
Construction management in the Czech Republic is entering a new, digital era. The long-awaited change has not been easy. Having not enough time to get acquainted with the new regulations and digital systems, both sides, building authorities and builders are struggling, reports E15.cz.
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News - Accolade sells out green bonds worth €240 million
03
Jul
2024

Accolade sells out green bonds worth €240 million

by Property Forum
The Industrial parks investor Accolade has issued green bonds in the Czech currency. The planned issue of CZK 1.5 billion (€120 million) has been sold out within a week.
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News - CA Immo starts refurbishment of office building in Prague
03
Jul
2024

CA Immo starts refurbishment of office building in Prague

by Property Forum
Danube House is a landmark office building in Riverside Karlin, anchored by international occupiers from tech, start-up, legal, and banking industries. After 20 years of operation, it is now undergoing comprehensive refurbishment.
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News - Arete hands over new hall in Czech Zdice
01
Jul
2024

Arete hands over new hall in Czech Zdice

by Property Forum
A new hall within Arete Park Zdice has been completed and handed over to its tenant, the Czech branch of the logistics service provider Kuehne+Nagel. After the opening of the new building, the total leasable standing area of the park in Zdice has increased by more than 41% to 24,808 sqm.
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News - 5 ha of land in Prague's Karlín has new owner
28
Jun
2024

5 ha of land in Prague's Karlín has new owner

by Property Forum
Residential builder Central Group has just completed the largest transaction on the housing market this year. It is buying more than five hectares of land near the Invalidovna metro station in Karlín in Prague 8, including the existing Čechia Hotel. 
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News - YIT sells Prague project to cooperative
28
Jun
2024

YIT sells Prague project to cooperative

by Property Forum
The YIT company has sold the Rivi Bachova project in the Praha-Chodov district to the Rivi Construction Cooperative. The interest in cooperative housing is increasing given the situation in the Czech mortgage market.
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News - RSJ sells 40,000 sqm hall in Czech Republic
28
Jun
2024

RSJ sells 40,000 sqm hall in Czech Republic

by Property Forum
RSJ Investment Group has announced the completion of the sale of a modern industrial hall near Chomutov with a leasable area of almost 40,000 sqm. The company Jungheinrich has been manufacturing forklift trucks since mid-2023. Patria Investment Company, a part of the ČSOB group, has become the new owner.
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News - Drees & Sommer appoints new Managing Director
28
Jun
2024

Drees & Sommer appoints new Managing Director

by Property Forum
The Czech office of Drees & Sommer is expanding its management team. Markus Ising has been promoted to Managing Director with a focus on clients from the DACH region. 
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News - BTL becomes majority owner of Lucerna Palace in Prague
27
Jun
2024

BTL becomes majority owner of Lucerna Palace in Prague

by Property Forum
The company BTL together with Lucerna Palace's current owner Dagmar Havlová have founded the company Palác PL. Havlová has invested the property of Lucerna into Palác PL retaining a 25% share. The remaining 75% have been acquired by BTL in exchange for almost CZK 1 billion (€40 million), reports Forbes.cz.
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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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