ARTICLES LABELLED WITH TAG Prague

News Prague wants to improve conditions for developers
18
Oct
2022

Prague wants to improve conditions for developers

by Property Forum
The City of Prague plans to improve conditions for real estate developers by lowering the number of mandatory parking places in residential and office buildings. Thanks to a new legal amendment, they will no longer have to build a mandatory garage space for each apartment. The amendment, which will now be open for 45 days for comments, would help real estate investors and developers, as well as those who want to do extensive reconstruction, writes E15.cz.
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News Logport starts new logistics project near Prague
14
Oct
2022

Logport starts new logistics project near Prague

by Property Forum
Czech development company Logport plans to develop key urban infrastructure in Jinočany near Prague. The first project of the company there will be the commercial and industrial complex Logport Prague West which should be completed in one year, the company announced.
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News RSBC to start building 215 lofts in Prague by end-2022
05
Oct
2022

RSBC to start building 215 lofts in Prague by end-2022

by Property Forum
RSBC Development Financing in cooperation with Masák & Partner plans to start a new residential development in the former ČKD factory in Prague Vysočany later this year. The original industrial building should be converted into 215 atypical two-floor apartments, i.e. lofts, within two years for CZK 2 billion (€81.6 million), writes E15.cz.
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News Penta plans €38.5 million new hotel in Prague's centre
03
Oct
2022

Penta plans €38.5 million new hotel in Prague's centre

by Property Forum
Several big new hotels are to be open in Prague in the next few years. Most of them will be operated by multinational chains and most of them will be the reconstructions of historical sites, except only two new of them that are planned by Penta Investments. For one of them, Penta obtained a €38.5 million loan from the Komerční banka, writes E15.cz.
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News UBM plans 150 flats in Prague brownfield project
30
Sep
2022

UBM plans 150 flats in Prague brownfield project

by Property Forum
A neglected plot of land in Prague 5 has now been newly acquired for billions of crowns by Austrian developer UBM. It plans to build 150 flats there. It wants to start building next year, but the project is still in the planning process. The developer has not disclosed the purchase price, the seller or the details of the construction, writes E15.cz. 
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News UBM to build 63 flats in Prague resi project
21
Sep
2022

UBM to build 63 flats in Prague resi project

by Property Forum
Since August, UBM Development Czechia has been building and now selling the second phase of its residential project Arcus City in Prague-Reporyje. Within this phase, 63 apartments and several commercial units will be built. The completion of this phase is scheduled for the end of 2024. In total, over 270 apartments, 10 family houses and several commercial units will be built in the project in three phases.
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News Developer Sekyra to pay Prague a record fee: over €22 million 
16
Sep
2022

Developer Sekyra to pay Prague a record fee: over €22 million 

by Property Forum
The developer Sekyra Group must pay the city of Prague more than half a billion crowns (€22 million) for the construction of public spaces in its new residential project on Prague's Rohanský island, according to new rules for private investors. This is the highest contribution a developer has ever had to pay to the capital so far, Seznamzpravy.cz reports.  
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News Rents and service fees for Prague offices continue to rise
09
Sep
2022

Rents and service fees for Prague offices continue to rise

by Property Forum
The vacancy rate of the Prague Office market has not changed in Q2 2022 and remained at the same value as in the previous quarter. Nevertheless, the rents and service fees continue to rise and the volume of net take-up is the highest since the end of 2019, says Colliers.
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News JRD's largest resi project in Prague gets approval
07
Sep
2022

JRD's largest resi project in Prague gets approval

by Property Forum
JRD Development completed its largest residential project in Prague's Strašnice district. 156 flats and 1320 sqm of commercial space were built in the energy-efficient complex of three buildings. The project, called Green Port Strašnice, has already been approved and is almost sold out, the developer announced.
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News JLL introduces new international ESG team
07
Sep
2022

JLL introduces new international ESG team

by Property Forum
JLL has introduced a seven-person international Sustainability Services and ESG team. The team will focus on consultancy in both topics due to the constantly rising demand for sustainability services in the real estate sector.
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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

  • 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.
  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.

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