ARTICLES LABELLED WITH TAG Prague

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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News Coworking provider expands in Prague
21
Feb
2025

Coworking provider expands in Prague

by Property Forum
WorkLounge has opened its new branch in the Telehouse building in Prague's Dejvice. The premises with an area of 1540 sqm can accommodate 220 people. 
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News Geosan receives approval for residence in Prague
20
Feb
2025

Geosan receives approval for residence in Prague

by Property Forum
Geosan Development has announced the construction completion of the Rezidence Radimova Břevnov project in Prague 6. The project has received the valid building use approval.
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News Crestyl announces new project in Prague
20
Feb
2025

Crestyl announces new project in Prague

by Property Forum
Crestyl has presented its new project at Pankrác in Prague. The Boka Pankrác is designed as a mixed-use project connecting retail premises and a supermarket with offices. 
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News Logicor constructs last-mile logistics park in Prague
19
Feb
2025

Logicor constructs last-mile logistics park in Prague

by Property Forum
Logicor has started the construction of a new logistics park in the Logicor Prague-Průmyslová zone. The park is close to the southern part of the Prague Ring Road connecting the key strategic highways D1 and D11. 
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Latest news


New leases

  • Designer Outlet Sosnowiec (southern Poland) invites customers to the newly opened Mountain Warehouse brand store. The shop has an area of approximately 400 sqm.
  • Motorola Solutions has renewed its lease at the Green Office complex in Kraków. The company, which has occupied the premises since 2011, will continue leasing 17,761 sqm of office space. The renewal will commence in August 2027 and will be valid for five years at market rent.
  • Prologis has extended its seven-year partnership with AMD Europe. The company will continue to lease more than 5,500 sqm of warehouse space at Prologis Park Poznań.

New appointments

  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.
  • Paulina Petynka has joined the team of Yareal Polska, taking on the position of Leasing Director. She has more than 20 years of professional experience.

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