ARTICLES LABELLED WITH TAG Prague

News Czech industrial market sees further rental growth acceleration
30
Nov
2022

Czech industrial market sees further rental growth acceleration

by Vera Tumova
The Czech industrial market has proven that it is resilient to unfavourable economic factors and therefore it will logically remain a popular asset class that is not at risk of decline. Pavel Sovička, Managing Director of Panattoni in the Czech Republic talked to Property Forum about nearshoring, rising construction costs, changing tenant demand and all other factors that are contributing to rental growth.
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News Penta secures €74 million loan for Prague office project
28
Nov
2022

Penta secures €74 million loan for Prague office project

by Property Forum
Penta Real Estate has secured a bank loan of €74 million, or over CZK 1.8 billion, from two banks, ČSOB and Česká spořitelna, for the construction of the office part of the Nová Waltrovka project in Prague's Radlice district, the Czech News Agency reported.
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News Bank HQ in Prague could be turned into apartments
25
Nov
2022

Bank HQ in Prague could be turned into apartments

by Property Forum
Czech company Jamp, which focuses on property rental, has bought the former headquarters of Raiffeisen stavební spořitelna in Prague. The company is now considering turning it into a residential property. Neither party has disclosed the purchase price. The group plans to make further property purchases outside the Czech market, Nikolina Peričová, the company's Managing Director, told the daily HN.cz. 
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News Prague offices wait for employees to return
08
Nov
2022

Prague offices wait for employees to return

by Property Forum
In Q3 2022, some companies in the Prague office market experienced problems with convincing employees to return to the offices. Therefore, the experts are expecting that the companies will reduce their existing leased space after their leases come to an end. Despite this expectation, 18,200 sqm of modern office space was completed and the premium rents grew and there was a decline in the vacancy rate, says a new Knight Frank report.
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News Prague resi market sees more constrution in 2022 but sales fall
03
Nov
2022

Prague resi market sees more constrution in 2022 but sales fall

by Property Forum
Prague's residential market is seeing record construction this year, with more housing starts, but demand for apartments is slowing down. On the other hand, however, the growth of housing prices is slowing and mortgage interest rates are rising. This is also why the share of vacant flats supply in the Prague residential market has increased too, says JLL's regular report.
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News Prague office market grows by 21% in 9 months
03
Nov
2022

Prague office market grows by 21% in 9 months

by Property Forum
The Prague office real estate market reached several records in the first nine months of 2022. It marked year-on-year records in the growth of new office space, record demand from tenants, and even much more office space was leased this year than a year earlier, according to JLL's regular quarterly analysis.     
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News Penta secures large lease for Prague office project
31
Oct
2022

Penta secures large lease for Prague office project

by Property Forum
Penta Real Estate secured one of the largest office contracts in the Czech Republic in Q3 2022. Fio banka's headquarters will move to the Masaryčka office complex, designed by London-based architectural studio Zaha Hadid, in spring 2024, Seznamzprávy.cz reports.
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News Czech CPIPG buildings receive LEED certificates
25
Oct
2022

Czech CPIPG buildings receive LEED certificates

by Property Forum
Three Czech CPI Property Group (CPIPG) buildings that recently became part of the group portfolio were awarded LEED international environmental certification. Savills carried out the certification of all three buildings and supported the client in all aspects of the process, CPI PG announced.
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News Obermeyer Helika to build new resi project in Prague 5
25
Oct
2022

Obermeyer Helika to build new resi project in Prague 5

by Vera Tumova
Architecture and design studio Obermeyer Helika has completed the documentation for a building permit for its latest residential building, Semerínka. The project, which is expected to start building in Prague 5 in 2023, will include not only apartments and garage parking but also a community garden, Obermeyer Helika announced today.
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News Prague's prime office rents continue to rise
25
Oct
2022

Prague's prime office rents continue to rise

by Property Forum
Interest in office space in Prague is not slowing down. Office demand is growing by tens of percents year-on-year, the vacancy rate is slightly decreasing and over 190,000 sqm is under construction, according to the latest office market analysis for Q3 2022 by the Prague Research Forum.
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Latest news


New leases

  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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