ARTICLES LABELLED WITH TAG Prague

Clarion Partners Europe has acquired a 47,000 sqm warehouse in Žatec, Czech Republic, on behalf of one of its commingled funds.  

The Prague City Council has approved the investment preparation of the Project 5 in the Nové Dvory development area, bringing approximately 480 apartments.

The sale of the Forum Karlín complex in Prague from the portfolio of the Komerční banka real estate fund is being finalised. The fund is already exclusively negotiating the sale of four of its buildings with individual interested parties who have signed exclusivity, reports seznamzpravy.cz.

Prague councillors have approved the change in the city master plan necessary for the construction of a mixed-use skyscraper called Top Tower, to be built by Trigema near the Nové Butovice metro station, reports E15.cz.

Reico Investment Company EAM has announced the opportunity to invest in residential rental housing as of August 20, 2025, to qualified investors primarily from the Erste Private Banking segment. The subscription period is set until September 30, 2025.

Only 14% of office buildings across the Prague market have achieved an Energy Performance Certificate in class A or B, with older properties having a higher probability of being classified in lower energy performance classes. An internal Savills survey, covering dozens of properties, has revealed that a significant proportion of Prague’s office stock is facing the need for modernisation. 

Although the vacancy rate for Prague offices has been falling, construction activity has intensified during Q2 2025, with four projects launched, according to a survey by Colliers.

Abandoned industrial areas and railway stations in Prague are being transformed into modern districts for tens of thousands of residents. These are the five largest projects under construction in the metropolis, reports seznamzpravy.cz.

The Savarin project by Crestyl Development Group has received a valid zoning decision, enabling the reconstruction of the courtyard in the vicinity of Prague's Wenceslas Square.

The office real estate market in Prague is reflecting the differentiation based on location and building quality, with proximity to the metro remaining a key factor influencing both prices and demand, describes Colliers in its latest analysis of the Prague office real estate market.