ARTICLES LABELLED WITH TAG Czech Republic

News Mint Investments makes first purchase for new resi fund
17
Nov
2020

Mint Investments makes first purchase for new resi fund

by Property Forum
Mint Investments has established a new real estate fund which will target people interested in investing in the resi-for-rent sector. MINT rezidenční fond SICAV plans to acquire rental residential buildings in large Czech cities, mainly in Prague and Brno. The fund completed its first €19 million (CZK 500 million) acquisition in the country’s second-largest city – Mint Living Brno Campus comprises 120 apartments as well as office and retail space.
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News CTP secures new tenant near Czech-German border
16
Nov
2020

CTP secures new tenant near Czech-German border

by Property Forum
Global logistics company Hellmann Worldwide Logistics is strengthening its position in the Czech Republic. At one of the largest industrial parks in the country, CTPark Bor, the company is expanding its total warehouse space. Besides the existing 20,000 sqm site that Hellmann currently operates, an additional area of almost 12,000 sqm will be added by the end of the year. Hellmann uses the CTPark Bor for worldwide distribution but with a strong focus on the German market.
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News Czech industrial market goes more digital
16
Nov
2020

Czech industrial market goes more digital

by Property Forum
Arcadis, an international consultancy company focused on building industry, environment and sustainable growth, summarised the current development on the Czech industrial property market in the context of the second wave of coronavirus pandemic.
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News COVID-19 has managed to make the Czech permitting process even longer
12
Nov
2020

COVID-19 has managed to make the Czech permitting process even longer

by Property Forum
Seven experts discussed investment and financing strategies for the new normal at the online edition of Prague Property Forum 2020. How has the investment market changed in the last 6-8 months? What major changes have been observed in investment and financing preferences? We summarised the highlights of the discussion, moderated by Luke Dawson (Colliers International).
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News J&T fund invests in logistics assets near Pardubice
09
Nov
2020

J&T fund invests in logistics assets near Pardubice

by Property Forum
J&T INVESTMENTS SICAV, a fund created by the J&T financial group, has invested in logistics facilities in the Pardubice region. The complexes, which were built in 2009-2012, offer 35,000 square meters of warehouse space and are long-term leased to quality tenants.
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News The Czech industrial market is not cooling down
05
Nov
2020

The Czech industrial market is not cooling down

by Property Forum
During Q3 2020, gross take-up on the Czech industrial market reached 289,400 sqm which is a decrease of 21% year-on-year. Still, the vacancy rate decreased over the quarter. The Industrial Research Forum announced the industrial market figures for Q3 2020.
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News ESG considerations play little role in investment decisions across CEE
05
Nov
2020

ESG considerations play little role in investment decisions across CEE

by Property Forum
While in Poland over 20% of investors are favouring projects that have high ESG-related ratings (which is fourth highest figure globally), Hungary and the Czech Republic are the two countries with the highest share (over 40%) of respondents saying that ESG considerations play no role when they evaluate projects, according to the latest results of the RICS Global Commercial Property Monitor.
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News Prague‘s office market remains fairly priced
03
Nov
2020

Prague‘s office market remains fairly priced

by Property Forum
According to the latest Savills research, Prague’s office real estate market is fairly priced despite some minor outward prime yield movement during the first half of the year. This broader continent-wide outward yield movement has helped push the average yield spread between prime European offices and Eurozone government bonds to 325 basis points, more than 100 bps above the historic average.
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News P3 to revitalise Vítkovice Industrial Zone in Ostrava
03
Nov
2020

P3 to revitalise Vítkovice Industrial Zone in Ostrava

by Property Forum
P3 has signed an agreement with Vítkovice, a.s. and VTK NCA a.s. to buy 40 hectares of land in the Vítkovice area in Ostrava. Formerly known as Aglomerace, the area will be used by P3 to build an industrial and commercial district that will include production and storage warehouses, stores, showrooms, offices, and various other facilities. The overall design of the complex is being prepared in cooperation with architect David Kotek from the Ostrava-based Projektstudio.
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News CTP expands industrial park near Czech-German border
30
Oct
2020

CTP expands industrial park near Czech-German border

by Property Forum
CTP has expanded its Aš industrial park by acquiring building plots and a production facility. At CTPark Aš there are now two fully-leased halls, with a total area of almost 35,000 sqm. The completed park will offer clients a further 45,000 sqm of production space.
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Latest news


New leases

  • In April this year, the House brand joined the group of tenants at CH Korona in Wrocław. The salon occupies nearly 285 sqm of sales space.
  • 18 Gym Fitness & Beauty will open a new location within Agora Arad (the former Galleria Arad) in a deal brokered by the Cushman & Wakefield Echinox. Agora Arad has a leasable area of 36,000 sqm and is currently undergoing a major refurbishment.
  • Transport company Zadbano has become a new tenant at LCube Rzeszów Airport. The company has taken 1.3 thousand sqm of warehouse space in Building 2, which was completed last year.

New appointments

  • Urszula Sekuła has joined the Retail Institute team as Business Development Director. She will be responsible for business development in Poland and three European markets.
  • Hines has announced a new leadership team for Poland. Marcin Wielgus, previously Finance Director and Head of Transactions, will take up the role of Chief Operating Officer and President of the Management Board while Kamil Nurek, previously Director of Project Management will assume the role of Director of Development and Asset Management and Vice-President of the Management Board.
  • At the beginning of April 2024, Barbara Tomaszewska took over as Director of the first Aiden by Best Western in Łódź, Poland. She was previously Deputy Director at Golden Tulip Gdańsk Residence.

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