ARTICLES LABELLED WITH TAG Prague

News BTL becomes majority owner of Lucerna Palace in Prague
27
Jun
2024

BTL becomes majority owner of Lucerna Palace in Prague

by Property Forum
The company BTL together with Lucerna Palace's current owner Dagmar Havlová have founded the company Palác PL. Havlová has invested the property of Lucerna into Palác PL retaining a 25% share. The remaining 75% have been acquired by BTL in exchange for almost CZK 1 billion (€40 million), reports Forbes.cz.
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News UBM completes timber resi project in Prague
27
Jun
2024

UBM completes timber resi project in Prague

by Property Forum
UBM Development Czechia is completing the Timber Praha residential project, the first sustainable timber apartment building in Prague. Unlike multi-storey foreign projects, this one has reached a height of four floors, i.e. 12 meters of fire height.
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News CPIPG sells half of Vulcanion portfolio in Poland
26
Jun
2024

CPIPG sells half of Vulcanion portfolio in Poland

by Property Forum
CPIPG has announced further progress in the Group’s strategy to reduce leverage. CPIPG and its subsidiaries, CPI FIM SA and Czech Property Investments have signed a partnership agreement through which CPIPG is going to sell a 49% common equity stake in Vulcanion for €250 million to funds managed by Sona Asset Management.
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News Palmovka in Prague gets closer to transformation
25
Jun
2024

Palmovka in Prague gets closer to transformation

by Property Forum
The transformation of the so-called Pentagon in Palmovka district in Prague 8 has moved closer to reality. The Prague city deputies have approved a change to the city master plan this week, enabling the coordinated urban development of this area.
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News Star Group adds new phase to Prague resi district
24
Jun
2024

Star Group adds new phase to Prague resi district

by Property Forum
The developer Star Group is launching the construction of ten residential villas in Prague 8 - Dolní Chabry according to the design of the architectural office Loxia. The developer has released 120 apartments as part of the pre-sale, 40% of which is now gone.
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News White spot on Prague's map to be released for further development
21
Jun
2024

White spot on Prague's map to be released for further development

by Property Forum
At their recent session, the Prague councillors agreed to the amendment of the zoning master plan concerning the space of railway tracks of the Main Railway Station. The possibility of construction in this important city location has not been defined at all so far. With this step, the city is planning to retain full control over future construction.
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News UBM heads to completion of resi project in Prague
21
Jun
2024

UBM heads to completion of resi project in Prague

by Property Forum
The construction of the Astrid Garden project by UBM Development Czechia is reaching its construction end and completion. The complex of seven newly built and one reconstructed building from the beginning of the 20th century in the Holešovice district in Prague is scheduled for approval in July 2024.
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News IPR reveals current data about Prague municipal apartment stock
20
Jun
2024

IPR reveals current data about Prague municipal apartment stock

by Property Forum
The Institute of Planning and Development City of Prague (IPR) has completed a new study dedicated to the state and development of the number of municipal apartments in Prague. 29,841 apartments are currently owned by the capital city and its districts.
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News Amadeus RE to open renovated department store in Prague soon
17
Jun
2024

Amadeus RE to open renovated department store in Prague soon

by Property Forum
The iconic building on the corner of Národní and Spálená streets in Prague, today Máj Národní, is starting to write a new chapter in its history. The two-year renovation, which transformed the original monofunctional Máj department store into Máj Národní, is coming to an end.
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News Sekyra starts office district construction in Prague Smichov
14
Jun
2024

Sekyra starts office district construction in Prague Smichov

by Property Forum
Developer Sekyra Group is launching the second stage of its extensive project of the new Smíchov City district in Prague, reports E15.cz. Three administrative buildings are planned to be built here, including the new headquarters of Česká spořitelna and a hotel.
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Latest news


New leases

  • RedDeer.Games, a company in the investment portfolio of the PMPG Polskie Media group, has a new office in the centre of Warsaw. The new office is located in the Wolf Zielna building and has an area of 600 sqm.
  • Popeyes will open in Posnania shopping centre on 1st of August. The Poznań restaurant will be the first outlet in Greater Poland and the seventh in Poland.
  • Tuplex is a new tenant in Multipark Bydgoszcz, where it took 1,450 sqm of warehouse and office space. The tenant was advised during the lease negotiations by Newmark Polska.

New appointments

  • Marcin Kucinski, previously Chief Operating Officer, has been appointed General Manager at Royal Tulip Warsaw Apartments, replacing Rafal Kincer, who took over as CEO of Polski Holding Hotelowy as of 15th of July 2024.
  • Anna Staniszewska has taken the position of Associate Director in the strategic consulting team at CBRE. She has many years of experience in real estate development consulting and analysis of all sectors of the property market in Poland.
  • The Management Board of Answear.com notified that on July 16, 2024, the Supervisory Board elected Wojciech Chabasiewicz as chairman and Arkadiusz Bajołek as vice-chairman of the Supervisory Board.

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