ARTICLES LABELLED WITH TAG Prague

News Prague's office vacancy rate drops with no construction on horizon
22
Feb
2024

Prague's office vacancy rate drops with no construction on horizon

by Property Forum
Although office leasing opportunities are already very limited in Prague, the good news is that Colliers' survey has reported rather stable rental prices throughout the last year.
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News SHD opens sales for resi project in Prague's Vysočany
22
Feb
2024

SHD opens sales for resi project in Prague's Vysočany

by Property Forum
Rezidence Klíčov, a SHD Real Estate residential project, is moving into the construction phase. At the same time, the developer is opening sales for this residential community in Vysočany, Prague 9.
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News Railway station in Prague to be converted to apartments
20
Feb
2024

Railway station in Prague to be converted to apartments

by Property Forum
The Vyšehrad Railway Station located in a UNESCO protection zone in Prague has been in disrepair for many years, even in danger of complete collapse. The new owner is now introducing plans on how to revitalize it.
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News Prague hotels recover from Covid impact
19
Feb
2024

Prague hotels recover from Covid impact

by Property Forum
For a time, the Prague hotel market has lagged behind other European cities in terms of recovery from the impacts of the COVID-19 pandemic. Its latest performance indicators are showing a significant increase in 2023, Cushman & Wakefield reports.
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News Anybody to buy Broadway Palace in Prague?
08
Feb
2024

Anybody to buy Broadway Palace in Prague?

by Property Forum
For the sixth time, the state is trying to sell the functionalist building in the centre of Prague, reports Newstream.cz. Compared to the last, failed auction, the price has been reduced by CZK 19 million (€76,100).
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News PSN plans acquisitions worth €40 million
08
Feb
2024

PSN plans acquisitions worth €40 million

by Property Forum
According to 2023 reports, PSN has booked 23 purchase contracts with a total value of over CZK 1.3 billion (€52 million). The largest part is represented by 15 apartment buildings.
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News Finep and XPlace join in residential development
05
Feb
2024

Finep and XPlace join in residential development

by Property Forum
A total of 57 housing units in Prague 6 have been acquired by the Prague Archbishopric after signing a contract with the developer Finep.
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News Trigea closes Prague shopping centre purchase
02
Feb
2024

Trigea closes Prague shopping centre purchase

by Property Forum
The Trigea real estate fund has officially completed the purchase of the Arkády Pankrác shopping centre in Prague. The price exceeded CZK 6 billion (€241 million), E15.cz reports. It is the largest transaction carried out by domestic retail funds in the Czech Republic.
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News Iconic Prague department store closes for reconstruction
02
Feb
2024

Iconic Prague department store closes for reconstruction

by Property Forum
The Brutalist monument in the centre of Prague has been closed for up to 2 years for reconstruction, reports Newstream.cz. The internal layout of the building is going to change, converting some of the floors into offices.
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News Penta builds rental housing in Prague
01
Feb
2024

Penta builds rental housing in Prague

by Property Forum
The XPlace platform, owned by the Archdiocese of Prague, and Penta Real Estate have entered into a partnership in the area of ​​rental housing. Thanks to it, the rental portfolio of XPlace is expanding by two turnkey apartment buildings in the neighbourhood of the Vidoule Nature Park and the new city district of Waltrovka in Prague.
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Latest news


New leases

  • The District Labour Inspectorate in Gdańsk will move its headquarters to the Palio Office Park B office building located on the site of the Gdańsk Shipyard. The institution will rent more than 1.7 thousand sqm on two floors in the facility.
  • Societe Generale Branch in Poland and SG Equipment Leasing Poland, companies belonging to the French financial group Societe Generale, are moving into the Studio complex by Skanska in Warsaw. Both companies will occupy offices in Building B on ul. Łucka. They will be the first of four tenants in the office building completed in Q4 2023. In total, Skanska's investment offers 16,400 sqm of office space, which is now fully leased.
  • Warsaw-based team Nrep and Urban Partners has moved to new premises in the Metropolitan office building at 3 Pilsudski Square.

New appointments

  • Aleksander Loster has been appointed as Director in Savills Poland investment team, headed by Mark Richardson since 2023. In his new role, he will be responsible for working with international investment funds during the sale and acquisition of retail, industrial, warehouse and alternative assets.
  • Piotr Wilewski joined Walter Herz Investment Advisory Department as Land Acquisition Manager. He is responsible for acquiring land projects, preparing analyses of investment potential and searching for ways to build real estate value.
  • GTC Group appoints two people to head up its shopping centres in Poland Anna Borecka will take over as director of Galeria Jurajska in Kraków. Meanwhile, Marek Ciszewski will take the helm at Galeria Północna in Warsaw.

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