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.

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.

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.

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.

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.

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.

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).

According to 2023 reports, PSN has booked 23 purchase contracts with a total value of over CZK 1.3 billion (€52 million). The largest part is represented by 15 apartment buildings.

A total of 57 housing units in Prague 6 have been acquired by the Prague Archbishopric after signing a contract with the developer Finep.

The Regional Research Forum has presented Brno and Ostrava office market data for H2 2023. Renegotiations are the main driver, however headline rents are staying unchanged.