ARTICLES LABELLED WITH TAG Czech Republic

News UBM sells timber building in Prague to local fund
25
Oct
2023

UBM sells timber building in Prague to local fund

by Property Forum
UBM Development Czechia has sold an apartment building in the Timber Praha residential project to the real estate investment fund Future X1. Building M in the Timber Praha project, which represents the first multi-storey apartment building made of wood in the capital city, comprises 15 apartments with layouts from 1 + kk to 4 + kk and sizes ranging from 39 sqm to 110 sqm. The price of the transaction was not disclosed. 
Read more >
News Czech Post to sell building in city centre for €62.3 million
25
Oct
2023

Czech Post to sell building in city centre for €62.3 million

by Property Forum
The Czech Post (Česká pošta) has announced a tender for the main post office building at the corner of Politických vězňů and Jindřišská streets in Prague. The asking price is CZK 1.538 billion (€62.3 million) excluding VAT. The tender was preceded by an offer of the building to state institutions, which was not taken up. This is according to information from the Czech Post on its website, the ČTK news agency reports. 
Read more >
News Prague office supply to dry up soon
25
Oct
2023

Prague office supply to dry up soon

by Property Forum
Q3 2023 did not bring much positive news from the Prague office market. Since Q2 2022, no office buildings have been launched on the Prague real estate market and the future does not look promising either, according to the latest analysis by Prague Research Forum. 
Read more >
News MVGM Property Management Czech names new MD
24
Oct
2023

MVGM Property Management Czech names new MD

by Property Forum
The new Managing Director of MVGM Property Management Czech is Ondřej Fukal, who joined the team at the beginning of October, the company announced on LinkedIn. 
Read more >
News Czech industrial stock under construction hits records
24
Oct
2023

Czech industrial stock under construction hits records

by Property Forum
The modern industrial stock reached almost 11.5 million sqm, as nearly 183,000 sqm of new space was delivered to the Czech market in Q3 2023. Demand for industrial space slowed down in Q3 2023 reaching only 181,700 sqm. Speculative development slightly increased to 41% of the over 1.4 million sqm currently under construction, continuing the trend of the previous three quarters. The vacancy rate decreased by 22 basis points compared to the previous quarter, and remained low at 1.5% Prague’s average highest achievable rent has remained stable, reaching around €7.50-7.70 per sqm per month, the Industrial Research Forum (IRF) reports. 
Read more >
News iO Partners appoints new Head of Industrial in Czechia
24
Oct
2023

iO Partners appoints new Head of Industrial in Czechia

by Property Forum
iO Partners, the JLL Preferred Partner, appointed Robert Sgariboldi as the Head of Industrial agency in Czechia. This strategic move comes in the wake of the recent appointment of James Fitzgerald as Regional Director for the Industrial & Logistics business, covering the CEE and Balkan region.
Read more >
News Ostrava Airport opens new cargo terminal
23
Oct
2023

Ostrava Airport opens new cargo terminal

by Property Forum
Ostrava Airport has opened an air cargo terminal called Cargo 2 at the airport in Mošnov in the Novojičín region (25 minutes south of Ostrava). It cost CZK 139 million (€5.6 million) to build and was constructed by the Ostrava company HSF System. The terminal will increase the airport's capacity and improve the quality of cargo handling, the Czech News Agency (ČTK) reports.
Read more >
News Czech BHM group buys second industrial centre in Slovakia
23
Oct
2023

Czech BHM group buys second industrial centre in Slovakia

by Property Forum
Czech BHM group continues its purchases in Slovakia. This time, according to Seznamzpravy.cz, the holding bought a logistics and production complex called Trenčín Industrial Park used by automotive suppliers. The group did not publish the price of the transaction. 
Read more >
News BO! holding buys 100% stake in real estate agency RK Sting
23
Oct
2023

BO! holding buys 100% stake in real estate agency RK Sting

by Property Forum
BO! holding, a group of companies focusing on real estate, investment and development activities, has agreed with Martin Zaremba, the owner of Sting Real Estate Agency and Sting Finance, to purchase 100% of RK Sting and Sting Finance shares. This will create one of the largest real estate agencies in the Czech market. The price of the transaction was not disclosed. 
Read more >
News Microsoft to cancel Prague data centre project due to Czech bureaucracy
20
Oct
2023

Microsoft to cancel Prague data centre project due to Czech bureaucracy

by Property Forum
According to three independent sources of the daily e15, Microsoft will likely cancel its plans to build a data centre in Prague. "There is still some small hope, but it is more like wishful thinking on the part of the managers of Microsoft's domestic branch," one of the sources, who did not want to be named, described the project.
Read more >

Latest news


New leases

  • Confectionery Batida has joined the tenants of the LIXA City Gardens retail concept that is being arranged in the LIXA office complex near the Daszyński Roundabout in Warsaw.
  • Vileda expanded its office located in MyHive IO-1 in Warsaw, owned by CPI Property Group, to 712 sqm. Przemysław Urbański from Avison Young Poland supported Vileda in the negotiation process.
  • The LUX MED Group extended a 2,200 sqm lease agreement in the O3 Business Campus in Kraków managed by EPP

New appointments

  • Axi Immo is developing its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.
  • Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
  • Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.

ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Budapest, Bucharest, Bratislava and Prague, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

Sign up today for the latest news

I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.

 

Property Forum © 2017 – 2023 | Terms & conditions | Privacy policy