ARTICLES LABELLED WITH TAG Prague

News Generali Real Estate buys Prague office building for €70 million
06
Oct
2020

Generali Real Estate buys Prague office building for €70 million

by Property Forum
Generali Real Estate’s Core+ Fund has acquired the IBC office building in Prague’s Karlín neighbourhood from local investor Mint Investments for €70.2 million (CZK 1.9 billion). Wilsons provided legal advice for the seller during the transaction.
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News pbb and Helaba provide €108 million loan for Prague office complex
06
Oct
2020

pbb and Helaba provide €108 million loan for Prague office complex

by Property Forum
pbb Deutsche Pfandbriefbank and Helaba have jointly underwritten an investment facility, totalling €107.5 million, to refinance Futurama Business Park located in Prague for Caerus Investment Management on behalf of a separate account client. pbb and Helaba, acting as Joint Lead Arrangers, provided equal portions of the funding. pbb also acted as facility and security agent of the transaction.
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News Warsaw and Prague among Europe’s hotspots for data centre development
18
Aug
2020

Warsaw and Prague among Europe’s hotspots for data centre development

by Property Forum
New research from Cushman & Wakefield has identified Berlin, Reykjavik, Oslo, Warsaw, Zurich, Milan, Vienna, Madrid and Prague as emerging hotspots for data centre development in Europe. The European data centre market has long been dominated by the ‘FLAP-D’ markets of Frankfurt, London, Amsterdam, Paris and Dublin, cities with their own deep business and financial sectors to serve. While these markets are still critical to the data centre ecosystem as entry points - and with over 500 MW of construction underway among them - interest in the FLAP-D markets is now competing with physical limitations including a lack of energy to power the centres, limited stock and a need to be closer to regional users.
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News Penta receives planning permit for Prague project
10
Aug
2020

Penta receives planning permit for Prague project

by Property Forum
A planning permit has been issued for Penta Real Estate’s The Residence Nuselský Pivovar development in Prague’s Nusle district. As part of the €77 million (CZK 2 billion) project, the developer will build 450 residential units on the site a historic brewery.
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News Crestyl completes construction of Prague office building
30
Jul
2020

Crestyl completes construction of Prague office building

by Property Forum
Local developer Crestyl Group has completed the fourth office building in its Dock district development project, located in Prague’s Palmovka area.
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News KGAL appoints new manager of Prague office complex
23
Jul
2020

KGAL appoints new manager of Prague office complex

by Property Forum
From July 2020, KGAL Investment Management Group GmbH, based in Germany, has appointed Savills as local asset manager for DRN, an office complex on Národní St., Prague 1.
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News CTP secures new tenant in Prague park
16
Jul
2020

CTP secures new tenant in Prague park

by Property Forum
XLMX obchodní s.r.o. has leased 16,000 sqm of warehouse space in ctPark Prague East in Nupaky with a view to setting up a regional warehouse for XXXLutz.
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News Skanska to build CEE’s first climate-neutral office project
16
Jul
2020

Skanska to build CEE’s first climate-neutral office project

by Property Forum
Skanska plans to build the first climate-neutral office building in the CEE region. The developer is going to use a solution based on structural timber, as wood is a natural resource that will help reduce the carbon footprint. Construction works on the office building located on Radlická Street in Prague are planned to begin in 2023. Skanska has made a global commitment through a climate target of net-zero carbon emissions by 2045, with a 50% reduction by 2030.
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News ČMN completes €74.5 million Prague office acquisition
01
Jul
2020

ČMN completes €74.5 million Prague office acquisition

by Property Forum
Czech real estate group Českomoravská Nemovitostní (ČMN) has completed the €74.5 million (CZK 2 billion) acquisition of two office buildings, City West C1 and C2 in Prague's Stodůlky area. The seller is Luxembourg-registered Capital Financial Holdings (CFH). Raiffeisenbank provided financing for the acquisition.
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News Zeitraum partners with AAU in Prague
17
Jun
2020

Zeitraum partners with AAU in Prague

by Property Forum
Zeitraum, a specialist in student rental housing, has entered into a three-year contract with the Anglo-American University in Prague (AAU), guaranteeing 120 beds for its students in the new academic year 2020/2021. The AAU is one of 20 universities with which Zeitraum cooperates and provides accommodation for the AAU’s students on its four newly reconstructed campuses in Prague. More than 60% of university students remained accommodated despite the difficult situation regarding the COVID-19 pandemic while continuing their studies online.
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Latest news


New leases

  • A showroom of the IWC Home and Dion brands has opened in the Homepark Janki retail park, owned by the Pradera European Retail Parks Fund, occupying about 680 sqm of retail space.
  • Hatrans Logistics, which operates in the logistics and transportation services sector, has leased 5,000 sqm of warehouse and office space at the Hillwood Łódź Chocianowice park.
  • TPL Logistic has leased nearly 3,700 sqm of warehouse and office space in the P3 Blonie park near Warsaw, thereby increasing the space it previously occupied to 5,000 sqm in two warehouses.

New appointments

  • At the beginning of July, Jesika Mackiewicz took the position of Business Manager of Warsaw projects at Matexi Poland. She will be responsible for development of the company portfolio of residential projects and land purchases.
  • Rafał Kincer has been appointed CEO of Polski Holding Hotelowy. The new head of the state-owned hotel company will take the helm in mid-July.
  • Anne Kavanagh, former CEO of residential and mixed-use developer Telford Homes (of the Trammell Crow Company group), has been appointed president of ULI Europe. The Urban Land Institute (ULI) also announced the appointment of Angela Cain as global CEO.

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