ARTICLES LABELLED WITH TAG Prague

13
Jun
2019

Czech industrial market grows rapidly

by Property Forum
During Q1 2019, some 168,300 sqm of warehouse space was completed on the Czech industrial market. In year on year comparison, this was a 20% decrease, but in longer term comparison, the completions level was 25% above 5-year average, according to Colliers International.
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05
Jun
2019

Flow East unveils details of new Prague project

by Property Forum
Flow East has announced that its new development, currently under construction on Wenceslas Square, will be named "The Flow Building". The mixed-use project will offer nearly 15,000 sqm of Class A office space and 6,000 sqm of high-quality retail space upon its completion in 2020.
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16
May
2019

The Czech investment market is not cooling down

by Ákos Budai
The Czech property investment market continues to post solid figures in an environment that is increasingly less bullish. One of the leading local players believes that a downturn of the current property cycle will eventually come from a major outside macro shock and before this happens, the Czech commercial property sector will keep showing positive figures. Tomáš Jandík, CFA, MRICS, REICO’s Chief Investment Officer shared his market expectations with Property Forum.
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02
May
2019

Strong figures for the Czech industrial market

by Property Forum
During Q1 2019, gross take-up, which includes renegotiations, reached 384,700 sqm of the Czech industrial market, showing an increase of 24% over Q4 2018 figures. The Industrial Research Forum announced the final industrial market figures for Q1 2019.
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02
May
2019

Prague office market vacancy further decreases

by Property Forum
The vacancy rate on Prague’s office market decreased to 4.3%, down 80 basis points in comparison with the revised results of Q4 2018. The Prague Research Forum announced the office market figures for the first quarter of 2019.
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25
Apr
2019

All about the digital future of property – this time in Prague

by Property Forum
Every year, Property Forum and RICS gather leading decision makers of European property markets at Prague Property Forum to discuss the future of our industry. CEOs, influential investors, bankers, developers, fast-growing proptech start-up founders, architects and valuers will come together on June 4, 2019, at the Cubex Centre in Prague to analyse the potential of the Czech property market from a global perspective. The conference, this year organized for the third time, has attracted highly respected speakers from the Czech as well as European property markets, some of them being present in Prague for the first time.
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25
Apr
2019

UBM Development prepares new mixed-use project in Prague

by Property Forum
Following the recent takeover of the Sugarmaker Palace, UBM Development is preparing another large project, namely the Astrid Garden multifunctional complex, consisting of two parts – Astrid Offices and Astrid Residences. In the first stage, a five-storey office building will be constructed, followed by a residential complex of about 110 units the sale of which will be launched in the third quarter of 2020. The architectural form was designed by Bogle Architects, emphasising not only the modern look, lightness and airiness, but also the sensitive setting in the typical character of Holešovice.
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11
Apr
2019

DBK buys Prague shopping centre

by Property Forum
DBK, a Czech retail specialist, has acquired a majority share in Europark – Štěrboholy, a shopping centre in Prague 10 from Austrian developer, SES Spar European Centers.
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04
Apr
2019

Spaces expands in Prague and Budapest

by Property Forum
JLL has provided space for 2 new branches of the international provider of co-working offices Spaces. In November this year, Spaces open in the low-energy building Nile House in Karlín, where they will occupy more than 3,500 sqm. One month later, they will take over 3,300 sqm in the SmíchOFF office building in Prague 5. At the same time, Spaces announced its first location in Hungary. The co-working operator will move into GTC White House in Budapest in Q4 2019. CBRE acted as adviser to the deal.
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04
Apr
2019

Penta sells Prague office building to South Korean investor

by Property Forum
Penta Real Estate has sold the 80,000 sqm office component of the Waltrovka complex in Jinonice, Prague 5 to Munich-based real estate fund manager GLL Real Estate Partners (GLL), a member of Macquarie Group, acting together with LB Asset Management on behalf of South Korean investor Hanwha Investment & Securities in a transaction worth over €250 million.
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