ARTICLES LABELLED WITH TAG czech-republic

News - Prague's office vacancy rate drops with no construction on horizon
22
Feb
2024

Prague's office vacancy rate drops with no construction on horizon

by Property Forum
Although office leasing opportunities are already very limited in Prague, the good news is that Colliers' survey has reported rather stable rental prices throughout the last year.
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News - SHD opens sales for resi project in Prague's Vysočany
22
Feb
2024

SHD opens sales for resi project in Prague's Vysočany

by Property Forum
Rezidence Klíčov, a SHD Real Estate residential project, is moving into the construction phase. At the same time, the developer is opening sales for this residential community in Vysočany, Prague 9.
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News - New Dornych in Brno moves closer to construction
20
Feb
2024

New Dornych in Brno moves closer to construction

by Property Forum
The Dornych project of Crestyl Group replacing the old shopping centre in the neighbourhood of the Brno Central Station has received a building permit.
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News - Railway station in Prague to be converted to apartments
20
Feb
2024

Railway station in Prague to be converted to apartments

by Property Forum
The Vyšehrad Railway Station located in a UNESCO protection zone in Prague has been in disrepair for many years, even in danger of complete collapse. The new owner is now introducing plans on how to revitalize it.
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News - Prague hotels recover from Covid impact
19
Feb
2024

Prague hotels recover from Covid impact

by Property Forum
For a time, the Prague hotel market has lagged behind other European cities in terms of recovery from the impacts of the COVID-19 pandemic. Its latest performance indicators are showing a significant increase in 2023, Cushman & Wakefield reports.
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News - PKV expands into new offices by CTP in Brno
15
Feb
2024

PKV expands into new offices by CTP in Brno

by Property Forum
CTP has signed a lease agreement with PKV BUILD, a leading player in energy consulting. Leased premises are currently being built by CTP at its Vlněna office complex in Brno, Czech Republic.
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News - With a new building code coming, Czech builders prepare for chaos
13
Feb
2024

With a new building code coming, Czech builders prepare for chaos

by Property Forum
In less than five months, the new building code for common buildings in the Czech Republic is going to enter into force. However, clouds are gathering around it. Builders are afraid of the shortcomings they have encountered recently when familiarizing themselves with the new requirements of the legislation, reports Seznamzpravy.cz.
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News - Czech resi market closes 2023 with unpleasant figures
12
Feb
2024

Czech resi market closes 2023 with unpleasant figures

by Property Forum
In the area of ​​residential real estate, the year 2023 has booked a record as a period of significant sales decline, reports Valuo.cz in its residential real estate analysis. The market has fallen to its lowest level in eight years.
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News - Czech mortgage rates hit 18-month low
09
Feb
2024

Czech mortgage rates hit 18-month low

by Property Forum
The beginning of February has brought a sharp fall in bank rates in the Czech Republic, and housing loans are thus the cheapest in more than a year and a half, E15.cz reports.
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News - Anybody to buy Broadway Palace in Prague?
08
Feb
2024

Anybody to buy Broadway Palace in Prague?

by Property Forum
For the sixth time, the state is trying to sell the functionalist building in the centre of Prague, reports Newstream.cz. Compared to the last, failed auction, the price has been reduced by CZK 19 million (€76,100).
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Latest news


New leases

  • M1 Łódź, managed by EPP, has inked new and renewed leases for nearly 5,800 sqm of retail space. The most significant addition is the opening of a HalfPrice store spanning nearly 2,200 sqm.
  • dm-Pharmahandel, the Czech subsidiary of the German drugstore chain dm-drogerie markt, will open a specialised logistics centre for the distribution of over-the-counter pharmaceuticals at CTPark Bor. The company will occupy a nearly 7,100 sqm facility.
  • Spanish fashion retailer Mango has opened a new store spanning 400 sqm in Iulius Mall Suceava. This is the third Mango unit in Iulius' network.

New appointments

  • Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
  • Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
  • CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.

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