Design and construction consulting office Obermeyer Helika has completed and handed over the documentation for the construction of the Semerínka residential project in Prague 5 Radlice developed by Crestyl. The construction of the project has started.

Construction work on a record number of public buildings is planned by the Czech capital city this year. In addition to the city, the state is also participating as an investor in more than a dozen projects in the field of transport infrastructure or public space. The total investment costs of individual projects are reaching almost CZK 50 billion (€1,97 billion).

PSN has reached a milestone in base building construction at the Ahoj Vanguard development project in Modřany, Prague. Close to the apartment building, the conversion of the former Microna factory into Vanguard loft housing is also nearing completion.

More than 80 architectural studios from all over the world have entered the competition for the Revoluční 30 project in Prague. The winning design has been chosen out of the six finalists.

The Prague municipality is offering Komerční banka (KB) CZK 3.65 billion (€143,865 million) for the building on the corner of Wenceslas Square and Štěpánská Street, reports Newstream.cz.

The Máj department store, whose reconstruction has been running since July 2022, is planning its reopening to the public in June 2024, reports E15.cz.

AFI Europe has just completed the interiors of sixty rental apartments in the second phase of the AFI Home Kolbenova project in Vysočany, Prague. They are available for immediate occupancy.

Prague is the second most active European market for flexible offices after London. Metropolises such as Warsaw, Amsterdam and Madrid follow at a distance, CBRE reports.

The highest hotel in Prague, Corinthia has joined the Czech Inn Hotels chain, reports Newstream.cz. The plan is to gradually modernize the hotel and revitalize the rooms, but with great emphasis on preserving the unique character and historical value of the building.

Zeitgeist Asset Management has obtained tenants for their building in the historical centre of Prague. The international law firm CMS and the European Investment Bank (EIB) have rented office space in the newly renovated Palác Dunaj building on Národní třída in Prague.