ARTICLES LABELLED WITH TAG prague

News - Market trend in Prague: Old offices redesigned to housing
12
Mar
2025

Market trend in Prague: Old offices redesigned to housing

by Property Forum
The Cimex investment group has been focusing on hotel, office and residential projects. The company is responding to Prague's market changes and new trends by transforming older office buildings into modern housing. 
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News - Former Czech fund CEO establishes new investment company
11
Mar
2025

Former Czech fund CEO establishes new investment company

by Property Forum
Tomáš Jandík, CFA, MRICS, former CEO of the Czech real estate fund for retail investors, has founded a private equity real estate advisory and investment management company, the Crestpoint Capital Partners.
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News - CPI Europe sells properties in Vienna and Prague
11
Mar
2025

CPI Europe sells properties in Vienna and Prague

by Property Forum
CPI Europe has announced the sale of several properties in Vienna and Prague as part of a strategic portfolio optimization initiative.
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News - Prague's brownfield revitalisation attracts architects across world
10
Mar
2025

Prague's brownfield revitalisation attracts architects across world

by Property Forum
157 studios from 33 countries in Europe, America and Asia have applied to the competition for the revitalisation of a brownfield and the construction of new city blocks in Prague's Florenc. An international jury led by renowned German architect Stefan Behnisch has selected the advancing teams of four concurrent architectural competitions. 
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News - YIT breaks record in resi sales in Czechia
07
Mar
2025

YIT breaks record in resi sales in Czechia

by Property Forum
YIT has announced its record sales in 2024, selling 416 units in connection with the gradual market recovery, representing a more than double increase compared to 2023 with 198 apartments. 
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News - Passerinvest to deliver 20,00 sqm office project in Prague
04
Mar
2025

Passerinvest to deliver 20,00 sqm office project in Prague

by Property Forum
Passerinvest is proceeding with constructing the Hila project in Prague's Brumlovka according to the set schedule. Since the beginning of 2025, the concreting of the foundation slab has been completed and the construction of the basement parts of the building is now underway.
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News - G City Europe sells Prague shopping centre
27
Feb
2025

G City Europe sells Prague shopping centre

by Property Forum
Atrium Group Services, a subsidiary of G City Europe, has sold the Atrium Flora shopping centre to Max Realitní, a real estate fund focused on investment in commercial retail and office properties in the Czech Republic, part of the Redstone Group. The Prague office of Clifford Chance advised the seller.
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News - UBM receives building permit for resi project in Prague
26
Feb
2025

UBM receives building permit for resi project in Prague

by Property Forum
UBM Development Czechia has received a building permit for the new project Rezidence Na Plzeňce in Prague 5 – Smíchov. On a plot of over 3,800 sqm, the company is developing an apartment building with a courtyard.
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News - Prague office market suffers from supply/demand imbalance
25
Feb
2025

Prague office market suffers from supply/demand imbalance

by Property Forum
According to an analysis by Savills, office development in Prague has been declining rapidly since 2021. This trend is confirmed by 2024 figures.
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News - Prague hotel changes hands in CEE's largest single hotel transaction
24
Feb
2025

Prague hotel changes hands in CEE's largest single hotel transaction

by Property Forum
CBRE has advised on the sale of the Hilton Prague for the Irish Bank Resolution Corporation, marking the largest single-asset hotel transaction ever recorded in CEE. Czech group PPF has purchased the asset.
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Latest news


New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.

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