ARTICLES LABELLED WITH TAG Knight Frank

News Demand for flats rises in Prague
18
May
2023

Demand for flats rises in Prague

by Property Forum
The period of stagnation and waiting on the Prague residential market is over. Along with the spring came a revival in the Prague housing market. The demand is rising, and interest in buying and renting is also growing, according to the latest Knight Frank report.
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News Czech investment volume exceeds expectations in Q1 2023
18
Apr
2023

Czech investment volume exceeds expectations in Q1 2023

by Property Forum
During the first quarter of 2023, the volume of investment in commercial real estate exceeded €477 million, a result that far exceeded initial expectations. The reason for these positive figures is a single large transaction into the retail property portfolio, which accounts for the majority of the total quarterly investment volume. This transaction is the reason why most of the funds in the past quarter went to the retail segment. Domestic investors were the most active last quarter, accounting for an unprecedented 87% of the total, according to Knight Frank's analysis of the Czech commercial real estate market.
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News Knight Frank CZ expands portfolio with residential properties
22
Mar
2023

Knight Frank CZ expands portfolio with residential properties

by Property Forum
The Czech branch of Knight Frank is expanding its portfolio of services. Until now, the company has focused on the commercial real estate segment, with the new addition of residential real estate services. The newly established department is headed by Kateřina Poláková, who has extensive experience in sales and marketing management in the residential segment, the company announced.
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News Czech commercial real estate investment market stagnates
12
Jan
2023

Czech commercial real estate investment market stagnates

by Property Forum
The commercial real estate investment market in the Czech Republic is stagnating. Analysts see the year 2023 as a challenging year. However, the market was dominated by domestic capital last year and there is still a mismatch in the expectations of buyers and sellers, according to a Knight Frank report.
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News BAT leases 10,500 sqm in Bucharest's One Cotroceni Park
19
Dec
2022

BAT leases 10,500 sqm in Bucharest's One Cotroceni Park

by Property Forum
Global Business Solutions (GBS), the largest shared services centre of the BAT group that serves BAT subsidiaries at a European and global level, will occupy an area of ​​10,500 sqm in One Cotroceni Park Phase 2. The lease transaction was brokered by Knight Frank Romania. 
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News Fall in interest in Czech industrial space expected
15
Nov
2022

Fall in interest in Czech industrial space expected

by Property Forum
Over one million square metres of industrial space is currently under construction in the Czech Republic. Most of them are pre-leased. New completions reached a record 521,600 sqm, representing the highest-ever volume of new space delivered to the Czech market. This is a 295% increase compared to Q3 2021 and an incredible 340% increase compared to Q2 2022. However, possible pressure on the correction of market rents can be expected. Given the current rent levels, it is already possible to register a declining interest of some of the Czech and foreign companies in leasing industrial space in the Czech Republic, according to the latest Knight Frank report.
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News Prague offices wait for employees to return
08
Nov
2022

Prague offices wait for employees to return

by Property Forum
In Q3 2022, some companies in the Prague office market experienced problems with convincing employees to return to the offices. Therefore, the experts are expecting that the companies will reduce their existing leased space after their leases come to an end. Despite this expectation, 18,200 sqm of modern office space was completed and the premium rents grew and there was a decline in the vacancy rate, says a new Knight Frank report.
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News Prague's prime office rents continue to rise
25
Oct
2022

Prague's prime office rents continue to rise

by Property Forum
Interest in office space in Prague is not slowing down. Office demand is growing by tens of percents year-on-year, the vacancy rate is slightly decreasing and over 190,000 sqm is under construction, according to the latest office market analysis for Q3 2022 by the Prague Research Forum.
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News Local investors continue to drive Czech market activity
06
Oct
2022

Local investors continue to drive Czech market activity

by Property Forum
The volume of investments in commercial real estate reached a total value of €368 million in the Czech real estate market in Q3 2022. Most of the investment transactions were mainly in the office and retail segments. Czech investors were the most active investors in this period. Demand for prime real estate is still stronger than what is on offer on the market, Knight Frank said in its report.
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News Savills acquires Knight Frank's PM team in Poland
04
Oct
2022

Savills acquires Knight Frank's PM team in Poland

by Property Forum
Savills has announced the acquisition of Knight Frank’s commercial property and asset management team in Poland. Under the agreement, 35 employees have joined Savills and its Polish property management portfolio has surpassed 1,200,000 sqm.
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Latest news


New leases

  • Sema Real Estate has leased over 1,000 sqm to Elite Skills Arena, which is set to open in Bucharest-based Sema Parc the most advanced training centre dedicated to children and young people preparing for elite football, as well as professional players.
  • Lindab has signed a new lease extension agreement with MLP Group for approximately 6,700 sqm at the MLP Pruszków II complex near Warsaw. The agreement was mediated by the Knight Frank agency.
  • Front Line Hungary Kft., a company specializing in the online trade of Mexican and American food products, has signed a lease agreement for 1,500 sqm in CTPark Budapest West.

New appointments

  • Balint Szécsényi has resigned as a member of GTC's supervisory board with immediate effect. The resignation was announced by the company's Board of Directors.
  • Katarzyna Jaworska has joined Colliers' office department, taking on the position of Associate Director. In her new role, Katarzyna will be responsible for office lease consultancy for public sector clients.
  • Krystian Pachówka joined AEW Europe as Head of Asset Management Logistics Poland in February this year. In the CEE region, AEW manages properties in the office, retail and logistics sectors.

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