A brand-new company, Equs, entered the Czech industrial real estate development market. It was founded by Tomáš Míček, who has many years of experience in top management of industrial developers, and the Ungelt Group, an investor and real estate developer that has been operating on the Czech market for more than 30 years. 

UDI Group is finishing the first hall of its new Logistics Centre Přehýšov near the D5 motorway close to Plzeň. A total of three halls with a total area of 130,000 sqm will be built here. The developer plans to invest a total of CZK 3.2 billion (€130.5 million) here. 

Developer J&T Real Estate (JTRE) will soon start the construction of the Ganz House residential project as part of Bratislava's Eurovea mixed-use district.

A logistics complex is to be built in Bratislava's Petržalka district, which will create jobs for approximately 623 employees. This follows from the plan called Garbe Park Bratislava City, which the investor - the company SK5 Logimac - has submitted for environmental impact assessment (EIA). The estimated investment costs are approximately €30 million, writes the news portal of the Press Agency of the Slovak Republic TERAZ.SK. 

A new generous public space has been created on the banks of the Vltava River in Karlin, easily accessible from Holešovice thanks to the HolKa footbridge. The entire area managed by CA Immo is now called Riverside Karlín. Since September, a new kindergarten has been open there, which is also accessible to families from the surrounding area, and the developer is preparing other services that have been lacking in the locality so far. The River Rink, which has been transformed from an ice rink into a place where other cultural and sporting activities take place, is already open all year round. 

The construction of the seven-storey Roztyly Plaza office building in Prague 11 has reached its final stage. Passerinvest is finishing its cladding, internal installations and landscaping. It is expected to be completed in early 2024.

Synapsis Property Ventures, a boutique investment company that makes private investments in development projects in Slovakia, bought two real estate projects in Bratislava last year. They are Hotel Campus near Železná studienky and Knižkova family houses in the Rača district. The current total amount of the company's private equity investments is approximately €12 million, Synapsis announced. 

Alto Real Estate has just unveiled an international architectural and urban design competition. This competition is aimed at developing an area in the emerging heart of Bratislava. Both local and international architects now have an opportunity to contribute to the development of a site close to the Sky Park by Zaha Hadid, which has come to symbolize modern Bratislava.

In September, Czech developer UDI Group started selling apartments in its first project overseas. The group not only handles the entire sales transaction for the apartments but also the follow-up servicing or leasing. Construction of the 15-storey condominium in the financial district of Panama City's capital is expected to be completed in 2026. 

The construction of the Pod Hády quarter in the Maloměřice and Obřany districts of Brno has officially started. Real estate group Trikaya began preparing the large-scale project on the brownfield site of the dilapidated Ergon factory. According to the development company, the total investment in the project will exceed CZK 4 billion (€163 million). The first residents will be able to move in in 2025.