ARTICLES LABELLED WITH TAG Czech Republic

News AFI Europe reports Prague's first fully leased rental house
06
Jan
2023

AFI Europe reports Prague's first fully leased rental house

by Property Forum
All apartments in the AFIHome Třebešín rental project in Prague 3 are now fully leased. All tenants of 61 apartments have also moved in, AFI Europe has announced. 
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News Czech retail market welcomes 38 new brands in one year
04
Jan
2023

Czech retail market welcomes 38 new brands in one year

by Property Forum
The Czech retail market once again proved its appeal to retail brands, with 38 new arrivals last year. That is the same figure as in 2021 when the influx of 38 new brands was partly the result of the postponement of some entries due to the pandemic. These numbers represent a roughly 50% increase compared to 2019 (22 brands) and 2020 (25 brands), according to the Cushman & Wakefield analysis of the Czech retail market in 2022.
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News AFI Europe completes third rental housing project in Prague
22
Dec
2022

AFI Europe completes third rental housing project in Prague

by Property Forum
AFI Europe has completed its third rental housing project in Prague this year. AFIHome Kolbenova, the first apartment building in the new multifunctional district AFI City in Prague 9, has now been approved.
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News ESG compliance efforts should definitely impact sales prices
21
Dec
2022

ESG compliance efforts should definitely impact sales prices

by Ákos Budai
Some developers forecast that sales prices will increase in the future purely as a result of the zero-emission requirements currently being placed on buildings but there is no consensus as to what the ultimate effect will be. Robert David, Partner and Tomáš Kren, Senior Associate at Wolf Theiss’ Prague office talked to Property Forum about the increasingly important role ESG compliance plays in real estate transactions and potential regulatory changes that can affect the market.
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News Now is the time when owners need to show patience with valuers
21
Dec
2022

Now is the time when owners need to show patience with valuers

by Tumova Vera
The Managing Director of JLL Czech Republic expects a fairly quiet year in 2023 in the investment market. But in the industrial market, next year should be a strong one due to continued steady demand, says Andrew Peirson in an interview with Property Forum.
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News Czech UDI Group to build 2300 flats in Belgrade
20
Dec
2022

Czech UDI Group to build 2300 flats in Belgrade

by Property Forum
UDI Group, an international development group with Czech roots, is planning a massive construction in Belgrade, Serbia. It plans to build the Duga project with 2,320 apartments and 40,000 sqm of offices on the site of a former factory for almost €392 million. Construction is expected to start next year, UDI Group reported.
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News Portiva to invest €10.3 million in solar parks in Czechia
19
Dec
2022

Portiva to invest €10.3 million in solar parks in Czechia

by Property Forum
Portiva Group, with a portfolio of wind and solar parks with a total capacity of 30 megawatts, is set to build more solar farms in the Czech Republic. Although its focus in recent years has been on real estate and IT, the company now sees the time as opportune for investment in photovoltaic parks. It plans to build at least three, reports Hn.cz.
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News pbb and Helaba provide €63 million for Crestyl project in Prague
19
Dec
2022

pbb and Helaba provide €63 million for Crestyl project in Prague

by Property Forum
Following the previous financing of four phases of the Dock In Office Park in Prague, Deutsche Pfandbriefbank (pbb) and Helaba have jointly underwritten an investment facility, totalling €63 million to refinance “Dock In Five”, the last addition to the Dock project developed by Crestyl Group. pbb and Helaba acted as joint lead arrangers and provided equal portions of the funding; pbb also acts as the facility and security agent for the transaction.
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News Investika expands its Croatian portfolio
16
Dec
2022

Investika expands its Croatian portfolio

by Property Forum
Czech real estate fund Investika has decided to take another step in diversifying its real estate portfolio. Its latest acquisitions are luxury properties in Croatia for short-term rentals.
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News Logport and Invesco to build last-mile logistics park near Prague
16
Dec
2022

Logport and Invesco to build last-mile logistics park near Prague

by Property Forum
Logport Development and Invesco Real Estate have teamed up and, via a forward funding structure, committed to developing a 37,900 sqm Grade A last-mile logistics facility, Logport Prague West, strategically located adjacent to the Prague ring road. The transaction was mediated by Cushman & Wakefield. Logport Prague West, where construction started in September 2022, has already attracted the first tenants to move in during the summer of 2023. The entire commercial zone is scheduled for completion in Q1 2024.
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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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