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News Česká spořitelna to sell HQ buildings in Prague
29
Jan
2025

Česká spořitelna to sell HQ buildings in Prague

by Property Forum
Česká Spořitelna has already revealed its plans to move its headquarters within a few years. Its new campus is being built in Smíchov, Prague. With this planned change, which should take place around 2028, the bank is planning to completely abandon its existing buildings near the Budějovická and Roztyly metro stations. The bank has already put its old buildings on the market, reports e15.cz.
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News Penta Real Estate and Archdiocese of Prague cooperate in rental housing development
29
Jan
2025

Penta Real Estate and Archdiocese of Prague cooperate in rental housing development

by Property Forum
Penta Real Estate and the XPlace platform owned by the Archdiocese of Prague, have decided to continue their cooperation in developing rental housing. XPlace has agreed to acquire two apartment buildings with 62 residential units in the Nová Waltrovka in Prague 5. 
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News Prague project worth billions sees green light
28
Jan
2025

Prague project worth billions sees green light

by Property Forum
The city of Prague has received a building permit for the revitalisation of the Smíchov transport hub, including an interchange for city and intercity buses or trams, in addition to the modernised railway station and metro station, reports E15.cz.
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News Demand for new apartments in Prague reaches near record levels
27
Jan
2025

Demand for new apartments in Prague reaches near record levels

by Property Forum
The demand for new residential buildings in Prague is still very high. In Q4 2024 1,836 apartments in new buildings have been publicly sold, approaching the record values during the Covid-19 pandemic, reports BuiltMind in its quarterly market monitor.
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News Challenges on Prague office market persist
27
Jan
2025

Challenges on Prague office market persist

by Property Forum
Vacancy rate in the Prague office market decrease in Q4 2024 has been the largest since 2018, reports Prague Research Forum in its Office Market Figures for Q4 2024 and 2024. The report has also revealed the record annual take-up and the overall situation of the market. 
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News Scott.Weber Workspace opens largest project in Prague to date
24
Jan
2025

Scott.Weber Workspace opens largest project in Prague to date

by Property Forum
The transformation of the historic building at Náměstí Republiky 7 in Prague 1 represents the largest project of the company Scott.Weber Workspace to date. 
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News GLP constructs new industrial centre near Prague
23
Jan
2025

GLP constructs new industrial centre near Prague

by Property Forum
The development of GLP Park Praha Kozomín has been designed to offer retail, logistics, production and research spaces. Work on the park's construction is in full swing with a completion date of this September. 
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News Prague's Myslbek centre changes ownership
22
Jan
2025

Prague's Myslbek centre changes ownership

by Property Forum
The Myslbek office and retail complex on Prague’s centrally located Na Příkopě Street has been purchased by Max Realitní Fund. 
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News Geosan sees green light for resi development in Prague
20
Jan
2025

Geosan sees green light for resi development in Prague

by Property Forum
Geosan Development has received building permission for its new housing project Benkova Residence in Chodov, Prague. The boutique project includes two villas.
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News CTP appoints new Managing  Director for Czech Republic
20
Jan
2025

CTP appoints new Managing  Director for Czech Republic

by Property Forum
CTP has appointed Jakub Kodr as its new Managing Director for the Czech Republic. Jakub has taken over the leadership of CTP as of January 2025. 
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Latest news


New leases

  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.
  • Revetas Capital announced that Bonarka for Business “B4B” has secured a lease extension contract with a company of Hitachi Group - GlobalLogic. The company, a leader in digital product engineering, has been a tenant in B4B since 2016 and leases in total of 6,500 sqm of office space in Building F.
  • GTC has extended its lease for 1,700 square meters of office space with pharmaceutical company Egis Polska. The company will continue its operations in the Corius building at the Aeropark Business Centre in Warsaw.

New appointments

  • Oliver Derksen is joining iO Partners Romania as the new Head of Office Advisory, having over 16 years of expertise in office leasing and business development.
  • GTC has announced the appointment of Sebastian Junghänel to the Management Board as Chief Operating Officer, effective 2 September 2025. With more than 18 years of experience in the real estate sector across Germany and CEE, Sebastian brings strong expertise in asset management, project development, ESG and innovation. His career includes co-founding ZEITGEIST Asset Management, where he built a €1 billion portfolio, and senior management roles at HOCHTIEF Group. At GTC, Sebastian will focus especially on the oversight of our portfolio in Germany, which includes, includes 5,200 residential units in Kaiserslautern, Helmstedt, Heidenheim, and surrounding areas. His know-how will also support our development projects in Central and Southeastern Europe.
  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.

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