ARTICLES LABELLED WITH TAG Czech Republic

News Stability returns to Czech retail
30
Apr
2025

Stability returns to Czech retail

by Property Forum
The Czech retail has been performing well, shows Shopping Centre Index from CBRE monitoring the the last year. The positive trend has been significantly contributed by the growth of real wages  supporting higher customer confidence together with the low level of inflation.
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News CPIPG divests another hotel in Prague
29
Apr
2025

CPIPG divests another hotel in Prague

by Property Forum
CPI Property Group has sold another hotel on Prague's Wenceslas Square, reports SeznamZprávy.cz. After the Juliš Hotel, this is the building that houses the Ramada Hotel and the largest Central European bookstore. 
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News Office vacancy in Prague declines, pushing rent prices up
29
Apr
2025

Office vacancy in Prague declines, pushing rent prices up

by Property Forum
Only one office project was completed in the Prague office market during Q1 2025, adding 8,700 sqm to the total stock of 3.96 million sqm, reveals Prague Research Forum in its Office Market Figures for Q1 2025.
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News Czech hotel market gains momentum in Q1 2025
28
Apr
2025

Czech hotel market gains momentum in Q1 2025

by Property Forum
In  Q1 2025, the transaction volume in the Czech hotel sector has nearly tripled the total volume of the entire 2024, worth €120 million, reports Savills. 
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News Sekyra buys land from Czech Railways
25
Apr
2025

Sekyra buys land from Czech Railways

by Property Forum
Sekyra Group has purchased key land in the area of Prague's former Žižkov Freight Station from Czech Railways. The Prague City Council has approved a change to the zoning plan on Thursday, reports E15.cz.
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News Czech logistics pipeline reaches over 1 million sqm
25
Apr
2025

Czech logistics pipeline reaches over 1 million sqm

by Property Forum
The modern, developer-led warehouse stock in the Czech Republic reached 12.44 million sqm in the first quarter of 2025.  Approximately 134,900 sqm was delivered to the market within 6 industrial parks across the country, announced Industrial Research Forum in its Industrial Market Figures for Q1 2025.
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News Colliers appoints new Managing Director in Czech Republic
23
Apr
2025

Colliers appoints new Managing Director in Czech Republic

by Property Forum
Colliers has announced the appointment of Katarína Brydone as the Managing Director of Colliers in the Czech Republic, effective 2 May 2025. This appointment has followed the announcement of Tewfik Sabongui stepping down from Colliers after seven years of leading the Czech Republic business. 
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News CEE capital's office supply to increase by lowest on record in 2025
23
Apr
2025

CEE capital's office supply to increase by lowest on record in 2025

by Property Forum
The total volume of modern office space in Prague has increased to almost 4 million sqm at the end of 2024 with 72,800 sqm completed in the entire year of 2024. However, the situation is going to be even worse in 2025 and 2026, according to the Trend Report 2025 study published by the Association for Real Estate Development. 
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News Small resi units are sold within 3 months in Prague
22
Apr
2025

Small resi units are sold within 3 months in Prague

by Property Forum
The residential market in Prague continues to grow strongly. According to data from BuiltMind, over 2,100 newly built units were sold in the first quarter of 2025, almost 15% more than in the previous quarter.
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News Prague office market favours renegotiations with longer contracts
22
Apr
2025

Prague office market favours renegotiations with longer contracts

by Property Forum
The share of renegotiations of lease contracts on the Czech office market is increasing, currently hovering at around 50% of all concluded transactions. A growing number of companies are preferably extending their existing lease rather than moving to new premises after their lease expiry, reports Colliers. 
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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