CTP has increased its total lettable area in the Czech Republic to over 4 million sqm, reaching a 27% share of the Czech industrial real estate market.

Construction work on a record number of public buildings is planned by the Czech capital city this year. In addition to the city, the state is also participating as an investor in more than a dozen projects in the field of transport infrastructure or public space. The total investment costs of individual projects are reaching almost CZK 50 billion (€1,97 billion).

PSN has reached a milestone in base building construction at the Ahoj Vanguard development project in Modřany, Prague. Close to the apartment building, the conversion of the former Microna factory into Vanguard loft housing is also nearing completion.

P3´s hall with an area of 42,331 sqm and an atypical floor plan is capable of accommodating an entire train unit. It is located in Lovosice Cargo, Czech Republic.

More than 80 architectural studios from all over the world have entered the competition for the Revoluční 30 project in Prague. The winning design has been chosen out of the six finalists.

Having secured the necessary building permit, the 7R Group is set to launch its first warehouse development in the Czech Republic. 7R Park Lavičky D1 Highway is strategically located along the Prague-Brno connecting road.

Alexandra Tomášková is joining Capexus as Chief Commercial Officer. She has spent most of her professional career in the B2B sector, in the development and leasing of office buildings.

By 2024, the REALIA fund has stepped in with a new acquisition, this time the Hustopeče retail park in South Moravia. The retail park is fully leased with an average length of leases exceeding 6 years.

The Prague municipality is offering Komerční banka (KB) CZK 3.65 billion (€143,865 million) for the building on the corner of Wenceslas Square and Štěpánská Street, reports Newstream.cz.

The Máj department store, whose reconstruction has been running since July 2022, is planning its reopening to the public in June 2024, reports E15.cz.