ARTICLES LABELLED WITH TAG Prague

News CPIPG completes BoD with new members
03
Jan
2025

CPIPG completes BoD with new members

by Property Forum
CPIPG has announced a few changes in its top management. Over the past ten years, the composition of CPIPG’s Board of Directors has evolved to meet the expectations of its international stakeholders and the needs of its expanding business. The Vitek Family Trust (VFT), the Group’s majority shareholder, is actively supporting changes leading to enhanced independence.
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News Sekyra Group enters permitting process for project in Žižkov
02
Jan
2025

Sekyra Group enters permitting process for project in Žižkov

by Property Forum
Žižkov Station Development, founded by the development company Sekyra Group and České dráhy (the Czech railways), has submitted the planned construction of 3,000 apartments in the area of Prague's Žižkov Freight Station for an environmental impact assessment (EIA), reports newstream.cz.
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News PPF Real Estate acquires hotel in Prague
30
Dec
2024

PPF Real Estate acquires hotel in Prague

by Property Forum
PPF Real Estate Holding has agreed to acquire, for an undisclosed amount, Hilton Prague, a landmark hotel in the Czech capital, from Quinn Group Luxembourg Hotels, represented by the Irish Bank Resolution Corporation.
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News SPM and SCF acquire office complex in Prague
23
Dec
2024

SPM and SCF acquire office complex in Prague

by Property Forum
Investment groups SPM and SCF have become the new owners of the Prague office centre Palác Křižík. Both entities have acquired it from the previous owner, the Generali group. 
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News ČMN acquires office and retail portfolio
20
Dec
2024

ČMN acquires office and retail portfolio

by Property Forum
The investment group Českomoravská Nemovitostní (ČMN) together with the NEMO fund have completed the acquisition of a portfolio from the real estate fund NOVA Real Estate worth approximately CZK 5 billion (€199 million). 
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News European luxury high street yields stay stable
17
Dec
2024

European luxury high street yields stay stable

by Property Forum
According to Savills research, European retail investment volumes reached €19 billion for Q1 to Q3 2024, marking a 6% increase compared to the same period last year. Luxury high street yields are the most favourable among retail investment properties.
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News Czech capital competes international one in Prague Hilton sale
12
Dec
2024

Czech capital competes international one in Prague Hilton sale

by Property Forum
The Hilton hotel in Prague, in which former US President Barack Obama or his predecessors Bill Clinton and George W. Bush have stayed, is being sold by IBRC, the investment structure of the Irish bank NAMA, dealing with debt settlement, reports E15.cz. At the same time, the domestic business elite has been competing with multinational investment capital for the largest Czech hotel.
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News New office supply in Prague proves insufficient
11
Dec
2024

New office supply in Prague proves insufficient

by Property Forum
Only one new office building has been completed in Prague in Q3 of 2024. On the other side, efforts to upgrade some older properties have continued either on an ongoing basis or by temporarily taking them off the market, according to a survey prepared by Colliers. 
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News Student accommodation shortage presents compelling opportunity
11
Dec
2024

Student accommodation shortage presents compelling opportunity

by Property Forum
According to the 2024 European Purpose-Built Student Accommodation (PBSA) Investment Barometer, conducted by The Class Foundation and Savills, involving investors and operators with portfolios totalling over 132,000 beds across Europe, with an asset value of c.€25.3 billion, respondents expect to increase the number of beds they have by 70% over the next 2-5 years. 
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News Passerinvest welcomes new tenants in Prague
10
Dec
2024

Passerinvest welcomes new tenants in Prague

by Property Forum
The new Roztyly Plaza office building in Prague 4 has become the headquarters of the automotive company Volvo Car Czech Republic and TSC Spectre. The developer and investor of the project is Passerinvest Group.
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Latest news


New leases

  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.
  • SNF, a company operating in the beauty sector, has renewed its lease for approximately 2,300 sqm of warehouse and office space at Prologis Park Poznań I. Axi Immo represented the tenant in the transaction.

New appointments

  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.

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