ARTICLES LABELLED WITH TAG Prague

News Bluehouse buys Prague shopping centre
21
Jan
2019

Bluehouse buys Prague shopping centre

by Property Forum
Bluehouse completed the acquisition of Novodvorska Plaza shopping centre in Prague. CBRE represented the buyer in the off-market acquisition of the 25,000 sqm shopping centre.
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News Korean investor buys KPMG HQ building in Prague
10
Jan
2019

Korean investor buys KPMG HQ building in Prague

by Property Forum
ZFP Investments has sold the Florenc Office Center, commonly known as the KPMG HQ building, in Prague, to Shinhan Investment Corp, a Korean based investment manager. CBRE represented the vendor in the sale of the asset. The transaction constitutes the first direct real estate investment in the Czech Republic by a Korean investor.
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News Peakside Capital sells Prague office building to local company
20
Dec
2018

Peakside Capital sells Prague office building to local company

by Property Forum
Peakside Capital has completed the disposal of the Cube office building in Prague to BPD Development, a Prague-based development company.
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News JLL brokers sale of Prague land plot
12
Dec
2018

JLL brokers sale of Prague land plot

by Property Forum
JLL secured the sale of an attractive land plot in Košíře in Prague 5 on Jinonická Street. The seller was Premium Imobilien and the buyer was developer Ideastav. In the future, there will be a residential project offering 28 luxury apartments with 42 parking spaces for sale. The transaction was provided by the SMI (Small and Medium Investment) department under the leadership of Pavol Bak.
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News Czech-American JV acquires Prague office building
29
Nov
2018

Czech-American JV acquires Prague office building

by Property Forum
Czech investment group Enern, owned by online supermarket Rohlik.cz, together with US investor Lincoln Property Company, has acquired the Palác Karlín building in Prague from Danish company Kirkbi Invest A/S for an undisclosed sum.
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News Deka Immobilien buys three Czech industrial parks from CTP
19
Nov
2018

Deka Immobilien buys three Czech industrial parks from CTP

by Property Forum
CTP has sealed a long-term strategic partnership with Deka Immobilien involving three prime industrial parks in the Czech Republic - CTPark Plzeň, CTPark Prague North and CTPark Teplice. Deka Immobilien acquired the ownership stakes in the parks with CTP Group continuing to manage and operate the portfolio under the CTPark network brand. Including two development projects, the deal represents 430,000 sqm of premium industrial properties. The transaction volume of €460 million places the deal amongst the largest ever real estate transactions in the Czech Republic.
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News Prague’s high street now one of the world’s 20 most expensive
15
Nov
2018

Prague’s high street now one of the world’s 20 most expensive

by Property Forum
For the first time in five years, Hong Kong’s Causeway Bay has replaced New York’s Upper 5th Avenue as the world’s most expensive retail street by rental value, according to data from Cushman & Wakefield. The Czech Republic has made it into the top 20 world’s most expensive retail streets. With rents of €230 per sqm per month, Prague’s Na Příkopě Street is at No. 19, leaping three positions up from the last year
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News Living in Prague is becoming more expensive than in Bratislava
05
Nov
2018

Living in Prague is becoming more expensive than in Bratislava

by Property Forum
Prague is becoming increasingly more expensive than Bratislava. Employees continue to earn more in the capital of the Czech Republic, though the cost of living is also rising, especially in regards to housing. This is evidenced by the results of research done by JLL, which compared the prices of apartments in both capitals.
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News Skanska tops out Prague office building
29
Oct
2018

Skanska tops out Prague office building

by Property Forum
Praga Studios, the new Karlín office building by Skanska, has progressed significantly on its way to completion. In October 2018, the builders placed a topping out flag on the site of the future roof terrace to symbolise the completion of the superstructure. The building, with a total area of almost 12 000 sqm, will be completed in Q2 2019.
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News C&W expands its advisory services in the Czech Republic
25
Oct
2018

C&W expands its advisory services in the Czech Republic

by Property Forum
In response to growing demand in the Czech property market for specialist asset and market analysis, Cushman & Wakefield has expanded its Advisory service line with a newly established team of 3 dedicated professionals headed by Richard Hogg MRICS. In conjunction, Michal Naskos MRICS, a veteran of the valuation industry, becomes Head of Valuation Czech Republic.
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Latest news


New leases

  • Confectionery Batida has joined the tenants of the LIXA City Gardens retail concept that is being arranged in the LIXA office complex near the Daszyński Roundabout in Warsaw.
  • Vileda expanded its office located in MyHive IO-1 in Warsaw, owned by CPI Property Group, to 712 sqm. Przemysław Urbański from Avison Young Poland supported Vileda in the negotiation process.
  • The LUX MED Group extended a 2,200 sqm lease agreement in the O3 Business Campus in Kraków managed by EPP

New appointments

  • Axi Immo is developing its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.
  • Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
  • Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.

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