ARTICLES LABELLED WITH TAG Prague

News UBM to build 63 flats in Prague resi project
21
Sep
2022

UBM to build 63 flats in Prague resi project

by Property Forum
Since August, UBM Development Czechia has been building and now selling the second phase of its residential project Arcus City in Prague-Reporyje. Within this phase, 63 apartments and several commercial units will be built. The completion of this phase is scheduled for the end of 2024. In total, over 270 apartments, 10 family houses and several commercial units will be built in the project in three phases.
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News Developer Sekyra to pay Prague a record fee: over €22 million 
16
Sep
2022

Developer Sekyra to pay Prague a record fee: over €22 million 

by Property Forum
The developer Sekyra Group must pay the city of Prague more than half a billion crowns (€22 million) for the construction of public spaces in its new residential project on Prague's Rohanský island, according to new rules for private investors. This is the highest contribution a developer has ever had to pay to the capital so far, Seznamzpravy.cz reports.  
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News Rents and service fees for Prague offices continue to rise
09
Sep
2022

Rents and service fees for Prague offices continue to rise

by Property Forum
The vacancy rate of the Prague Office market has not changed in Q2 2022 and remained at the same value as in the previous quarter. Nevertheless, the rents and service fees continue to rise and the volume of net take-up is the highest since the end of 2019, says Colliers.
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News JRD's largest resi project in Prague gets approval
07
Sep
2022

JRD's largest resi project in Prague gets approval

by Property Forum
JRD Development completed its largest residential project in Prague's Strašnice district. 156 flats and 1320 sqm of commercial space were built in the energy-efficient complex of three buildings. The project, called Green Port Strašnice, has already been approved and is almost sold out, the developer announced.
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News JLL introduces new international ESG team
07
Sep
2022

JLL introduces new international ESG team

by Property Forum
JLL has introduced a seven-person international Sustainability Services and ESG team. The team will focus on consultancy in both topics due to the constantly rising demand for sustainability services in the real estate sector.
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News Immofinanz sells Prague office building to Passerinvest Group
06
Sep
2022

Immofinanz sells Prague office building to Passerinvest Group

by Property Forum
Immofinanz has successfully closed the sale of the BBC Gamma office building in Prague to Passerinvest Group. The transaction was concluded at a premium to the book value as of 30 June 2022, the seller announced.
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News LaSalle launches mixed-use project in Prague's centre
01
Sep
2022

LaSalle launches mixed-use project in Prague's centre

by Property Forum
LaSalle Investment Management (LaSalle) launched the development of a new premium retail and office centre, 100YARDS on the iconic Na Příkopě street in Central Prague. The project will transform three separate buildings into one mixed-use complex which will feature a landmark new shopping destination and premium office space. The opening is planned for the second half of 2024, the company says.
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News Czech retail park construction boom continues
24
Aug
2022

Czech retail park construction boom continues

by Property Forum
At the end of June 2022, the supply of modern retail space in the Czech Republic amounted to almost 3.97 million sqm. Shopping centres take about 67%, retail parks 31% and outlets the remaining 2% of the market. During the first six months of 2022, the retail park construction boom has not stopped yet and the retail market expanded by 19,500 sqm. Over the last five years, the share of retail parks has increased by 5%. The largest completed project in the first six months of this year was Shopping Centre Řepy in Prague. Another 52,300 sqm of retail space is currently under construction across 12 projects, of which 31,200 sqm is expected to be completed this year, says JLL in its retail market report for Q2 2022.
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News Crestyl to build 170 flats in Prague 5
24
Aug
2022

Crestyl to build 170 flats in Prague 5

by Property Forum
Another Prague brownfield will be turned into a residential project. Development group Crestyl will be building on the site of the former Waltrovka in Prague's Radlice district. The plan is to build a total of 170 flats for CZK 1.5 billion (almost €61 million) on the land, which the company bought with a zoning permit from the Red Group at the turn of this year. Preliminary construction work on the Semerínka project should start at the turn of the year and the entire project is scheduled to be completed within three years.
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News Helaba to finance Crestyl’s revitalisation project in Prague
17
Aug
2022

Helaba to finance Crestyl’s revitalisation project in Prague

by Property Forum
Helaba is providing long-term financing for Czech project developer Crestyl for the revitalisation of the well-known NR7 office building in a prime downtown location in Prague.
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Latest news


New leases

  • InPost has opened a second logistics centre in Łódź. Ultimately, almost 300 people will find work in the 8,500 sqm facility. InPost's logistics centre, located in the vicinity of the A1 Central Logistics Hub motorway, occupies 7.5 thousand sqm of warehouse space and 1 thousand sqm of office space.
  • Domax, a manufacturer of wood screws and connectors, has leased a 5,800 sqm warehouse at Mapletree Park Gdańsk Airport. The logistics centre is located close to roads S6, S7 and the A1 motorway.
  • Five more companies have joined Okam's existing tenants in Warsaw's Żerań, including theMedicus.pl shop and the Fresh Group advertising agency, which will occupy a total area of around 1,500 sqm in the complex.

New appointments

  • Agnieszka Boroń has joined Equilis Poland to take up the post of Development Director. She has worked in the construction and development industry for over 20 years, specialising in residential project management. Prior to joining Equilis Poland, she was programme director at Nexity. Prior to that, she worked in managerial positions at Dom Development.
  • Agnieszka Baczyńska took up the position of Head of Leasing - Retail in CPIPG. She is responsible for the commercialization of retail facilities from the CPIPG portfolio. Baczyńska also manages the leasing of office space on the buildings owned by CPIPG.
  • Ferenc Gondi has been appointed to a new post as Country Head for CTP Hungary. He's been part of CTP's activity for over 5 years.


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