ARTICLES LABELLED WITH TAG Prague

The Vinohradská 8 project, jointly prepared by Penta Real Estate and PSN, has received a zoning permit. Just a few steps from Wenceslas Square in Prague, a mixed-use development is designed, including housing, office space, and new shops and restaurants.

The new residential project Semerínka, developed by Crestyl, has been successfully approved for use several months earlier than planned.

Amundi has sold the mixed-use space Forum Karlín and the Prague Ibis hotel to Patria, a part of ČSOB, reports seznamzpravy.cz.

Caspyan Fund has launched the sale of residential units in the Konstanta Karlín project in Prague. The fund has been built on more than a decade of experience of its management in the real estate sector.

Finding a vacant space in the highest-quality office buildings in central Prague has proven to be a mission impossible. According to Savills’ analysis, vacancy in AAA properties has consistently remained at zero.

The Idea Office Building in the Smíchov quarter of Prague, part of the NEMO real estate fund, has undergone a significant transformation, welcoming new commercial and diplomatic tenants.

Czech lucrative properties such as hotels, offices, and shopping centres are now heading into the hands of domestic investors. On the other side, foreign investors are gradually leaving the market, reports seznamzpravy.cz.

Ikonix, a newcomer to the Czech development and energy market, has presented an ambitious plan to become one of the most important players in the domestic market.

YIT has included cooperative housing as an important alternative to traditional financing for the purchase of real estate for personal ownership in its residential development strategy. The developer has now entered into cooperation with the Ranta Barrandov IV Housing Cooperative by selling the building with 69 residential units.

The auction of the Broadway Palace in the centre of Prague has ended successfully, with the bidder offering a starting price, reports E15.cz.