ARTICLES LABELLED WITH TAG Czech Republic

News Property investments in clean energy accelerate over climate neutrality goals
20
Jan
2023

Property investments in clean energy accelerate over climate neutrality goals

by Nicolae Ovidiu
As the European Union has proposed the move towards zero-emission buildings by 2030, a significant portion of the energy consumption of these projects should be covered by energy from renewable sources. This includes renewable energy produced on-site or nearby so property companies are starting to invest in such facilities in a bid to lower operating costs and meet targets under their ESG agendas. The investments in such capacities have been boosted by the high energy price environment and the need of property companies to enhance the security of power supplies.
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News Prague's residential market is still a battle of nerves
17
Jan
2023

Prague's residential market is still a battle of nerves

by Property Forum
A stagnating market, stable prices of quality properties and further inflation of the rental housing bubble. These are the key trends of the Prague residential market at the end of last year, according to an analysis by Svoboda & Williams.
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News Passerinvest approves another residential project in Prague 4 
17
Jan
2023

Passerinvest approves another residential project in Prague 4 

by Property Forum
Another new residential building, Oliva, built by Passerinvest in Prague Brumlovka, was approved in December. The first residents will start moving into the 72 flats in the first quarter of this year, the developer announced. 
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News 10 trends in Czech real estate to look out for in 2023
16
Jan
2023

10 trends in Czech real estate to look out for in 2023

by Property Forum
The Czech real estate market in 2023 will be driven mainly by inflation, which will also determine this year´s ten real estate market trends. Among them will be high construction costs, pressure for ESG compliance and looking for a balance between savings, spending a responsible investing, says Colliers in its real estate market prediction for this year.
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News Stefan de Goeij rejoins CTP as ESG and Energy Lead
13
Jan
2023

Stefan de Goeij rejoins CTP as ESG and Energy Lead

by Property Forum
Stefan de Goeij has rejoined CTP as ESG and Energy Lead, after a two-year break, reporting directly to the company’s founder and CEO Remon Vos.
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News PPF sells majority stake in Russian logistics centre
12
Jan
2023

PPF sells majority stake in Russian logistics centre

by Property Forum
PPF continues to divest its Russian portfolio. It has completed the sale of its 60 percent majority stake in the giant South Gate logistics centre near Moscow. The deal is said to be the largest of its kind in a decade, Russian news server Metalinfo.ru reports, cited by Czech daily E15.cz.
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News Czech commercial real estate investment market stagnates
12
Jan
2023

Czech commercial real estate investment market stagnates

by Property Forum
The commercial real estate investment market in the Czech Republic is stagnating. Analysts see the year 2023 as a challenging year. However, the market was dominated by domestic capital last year and there is still a mismatch in the expectations of buyers and sellers, according to a Knight Frank report.
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News Czech real estate market to stabilize in H2 2023
12
Jan
2023

Czech real estate market to stabilize in H2 2023

by Property Forum
The real estate investment market is impacted by increased inflation expectations, higher interest rates and the inflated cost of financing, and it will continue into 2023. It inevitably leads to increasing yield expectations. In most European markets across various sectors, yields have increased this year. According to BNP Paribas Real Estate, some price corrections are expected in some markets and asset types in 2023. The market expects to stabilize in the second half of the year when investment activity could also see some revival, reported 108 real estate agency. 
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News Czech Obermeyer Helika has a new Chief Commercial Officer
11
Jan
2023

Czech Obermeyer Helika has a new Chief Commercial Officer

by Property Forum
Obermeyer Helika, one of the largest Czech engineering and construction consulting companies, is expanding its management. In the second week of January, the company appointed Jiri Kos as its new Chief Commercial Officer. 
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News Zeitgeist´s office palace in Prague has prestigious tenants
06
Jan
2023

Zeitgeist´s office palace in Prague has prestigious tenants

by Property Forum
Zeitgeist Asset Management has signed a lease agreement for 2,600 sqm of premium space in Prague's Dunaj Palace with the Czech Representation of the European Commission and the European Parliament Liaison Office. It will include a visitor center for the public. Approval of the reconstructed palace should be in 10 months. The lease agreement is signed for 15 years, Zeitgeist announced.
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Latest news


New leases

  • Industrial developer CTP has leased 2,800 sqm to the food supplements manufacturer Sun Wave Pharma in the industrial park CTPark Bucharest South, located in southern Bucharest.
  • INATECH Packaging, the protective packaging and insulating materials supplier, has leased 2,300 sqm of office and warehouse spaces in CTPark Oradea Cargo Terminal.
  • SIDE GRUP, the Romanian distributor of cleaning and hygiene, has leased 1,500 sqm in CTPark Oradea Cargo Terminal. The deal was brokered by real estate consultancy JLL.

New appointments

  • M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.
  • Michał Kloch was appointed as Cost Management Lead, Poland in the Project & Development Services team of Cushman & Wakefield with effect from 1 March. In his role, he heads a team of quantity surveyors and is responsible for oversight of construction costs during all project delivery phases and for preparation of cost analyses and reports.
  • Two people have joined the REINA Company. Since February this year, Michał Baranowski acts as Business Development Manager and Joanna Turalska supports the work of the team as Leasing & Team Coordinator. REINA Company specialises in comprehensive transactional and echnical consultancy for organisations using office space.


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