UnicreditBank Czech Republic & Slovakia and Demaco have signed a long-term loan agreement together for funding the project in Northern Moravia. Demaco informed about the contract on its LinkedIn page.

Green certificates are becoming the norm in CEE but words like 'excellent' or 'platinum' don't always provide enough information about a building's overall environmental impact. Developers, architects and advisors were discussing the real cases of ESG principles` implementation during a panel at the European ESG Property Forum conference in Warsaw, moderated by Oana Stamatin, ESG Chief Officer at Colliers.

Less than a year before completion, developer J&T Real Estate CZ is selling its Red Court office centre in Prague's Karlín district. BlackBird Real Estate will become the new owner immediately after approval, the online daily Seznamzpravy.cz reported about the transaction.

Rents for commercial projects that are being developed at present in Romania will grow in the next 2-3 years, while demand for green buildings will continue to expand, concluded speakers at a panel discussion at Property Forum’s annual Summer Networking Party organised in Bucharest.

A part of the Prague-based residential project Hagibor, which is being built by Crestyl Group, is now owned by Invesco Real Estate. The acquisition concerns the third phase of the residential part of the project, namely the Delta building, which is already under construction and is to be used for rental housing in the future. The price of the transaction, which was reported by the daily E15, was not published.

YIT has started construction of the Happi Milánská project in Prague's Horní Měcholupy and has put 72 new Finnish-style apartments of up to 99 sqm on sale. The residential building with access to both the countryside and the city centre will also include three commercial spaces. The developer plans completion in spring 2024.

The pan-European developer, which entered the Hungarian market a relatively short time ago, sees a lot of opportunities in the countryside to build logistics centres for different end-users. Property Forum asked László Kemenes, Managing Director of the Hungarian branch about the company's plan for expansion and tackling the current general difficulties in the property industry.

The City of Prague wants to build cooperative flats where the city could continue to rent out one-third of the flats. However, the councillors disagree on the conditions under which the entire project should be implemented in Prague 5. If they agree and construction begins, the project would offer cooperatives favourable conditions for financing housing without a mortgage and cheaper prices for construction by the developer. The councillors are now trying to find a compromise to get the project off the ground, reports Seznamzprávy.cz.

Seldom does a “one size fit all” approach work in ESG, says Adam Targowski MRICS, CTP’s recently appointed Group Head of ESG. He talked to Property Forum in detail about the meaning of these three magic letters for him and the company.

A new logistics park will be built in Ziar nad Hronom in central Slovakia by autumn 2023. The developer Contera will construct it here for € 22 million. The first big tenant is already assured too, it will be the electronics wholesaler Fast Plus, writes logistikadnes.sk.