ARTICLES LABELLED WITH TAG Czech Republic

Digitalisation of the construction permitting process has proven to be a significant obstacle to the development of cities and municipalities, according to the recent CEEC Research survey. In practice, it is still not working as expected. On a scale from 0 (completely non-functional) to 10 (fully functional), city representatives have given the system an average score of 3.40.

In the first half of this year, 777 new residential units have been sold in Brno, 26 per cent more than in the same period in 2024, with the average price of new apartments setting a new record, according to the current analysis of Trikaya, which has been monitoring the development of the Brno residential market for a long time.

The office real estate market in Prague is reflecting the differentiation based on location and building quality, with proximity to the metro remaining a key factor influencing both prices and demand, describes Colliers in its latest analysis of the Prague office real estate market.

After a costly expansion in Austria, where it has acquired S Immo and Immofinanz, CPI Property Group is shrinking and selling, particularly in Germany and Austria, according to seznamzpravy.cz.

Industrial developer CTP said its gross rental income for H1 2025 reached €367.2 million, marking a 14.4% year-on-year increase, while signing 1 million sqm of new leases, an 11% increase compared to H1 2024.

The Kaprain Group has bought the Stýblův house in Prague on Wenceslas Square from the development company Sekyra Group, reports e15.cz. Kaprain has acquired the property with a building permit for reconstruction.

ZDR Investments has completed transactions worth CZK 1.8 billion in the first half of the year. It has increased the share of new investments in the group's funds by 80% year-on-year.

In Prague, more people are seeking professionally managed apartments offering flexibility and a certain standard of service. According to the Savills Rental Housing in Prague report, the popularity of rental housing is growing, with the institutional sector attracting both investors and tenants.

Although the total supply of office space in Brno is approximately 5.6 times smaller than in Prague, space currently under construction has already reached half the level of the Capital, according to the Regional Research Forum's H1 2025 analysis of market dynamics in Moravia.

The total value of the world’s residential real estate has reached €260 trillion by the end of 2024, according to Savills' analysis. Whilst this figure has shown an annual fall of 2.7%, the total value has risen since 2019 by 19%, reflecting the post-pandemic surge in housing markets worldwide.