ARTICLES LABELLED WITH TAG prague

News - Cresco moves ahead with resi project in Prague
30
Jan
2025

Cresco moves ahead with resi project in Prague

by Property Forum
The foundation stone of the second stage of the SO-HO Rezidence by Cresco has been laid in Prague's Holešovice.
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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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Latest news


New leases

  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.

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