ARTICLES LABELLED WITH TAG Prague

News SIKO to build 650 flats in Prague 3
12
Jul
2022

SIKO to build 650 flats in Prague 3

by Property Forum
The Dům Radost project in Prague 3 in Žižkov, where SIKO Group as the new owner plans six hundred rental apartments, is one step closer to realisation. The Ministry of Culture has stopped a review procedure that could have seriously complicated the project for the owners, writes Seznamzprávy.cz.
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News Julius Meinl opens new building in Prague
12
Jul
2022

Julius Meinl opens new building in Prague

by Property Forum
The Julius Meinl family has opened a new hospitality project in Prague with 168 accommodation units. Designed by architecture and design firm Matteo Thun & Partners, The Julius Prague has been created to cater for both short and long-term stays. Spacious communal areas, relaxing lounges and professional co-working spaces enable guests to network, meet like-minded people or unplug.
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News New large resi project rises by new metro in Prague
11
Jul
2022

New large resi project rises by new metro in Prague

by Property Forum
Massive construction worth billions of crowns is being prepared around the route of the new D metro line, which is currently under construction in Prague. The company Reflecta Development will build buildings with apartments and offices on lucrative land near the Thomayer Hospital for restituents, reports the daily E15.cz.
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News Skanska invests CZK 970 million in Prague resi project
29
Jun
2022

Skanska invests CZK 970 million in Prague resi project

by Property Forum
Skanska will invest CZK 970 million in the first phase of the brownfield residential project Modřanský cukrovar. On the right bank of the river Vltava, 112 apartments and seven commercial premises within the area of 10,500 sqm will be built. After six phases of the project, there will be 797 housing units, Skanska announced on its website. 
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News New Work adds new location in Prague
28
Jun
2022

New Work adds new location in Prague

by Property Forum
CEE-based flex office provider New Work has opened a new location in Prague. New Work Smichov Business Park offers fully furbished office space with up to 245 workstations in one of Prague’s most lively areas, with many offices and an outside terrace overlooking the Vyšehrad castle as well as beautiful green areas along the Vltava River.
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News CA Immo fills up two buildings in Prague
28
Jun
2022

CA Immo fills up two buildings in Prague

by Property Forum
This year CA Immo has already closed 18 lease transactions in total in Prague. These are mostly new leases and expansions with an office space of almost 16,200 sqm. Also, both new office buildings Mississippi House and Missouri Park, which have been completed in summer of 2021, are fully let now.  
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News The last two years have brought the best investments at the best prices
24
Jun
2022

The last two years have brought the best investments at the best prices

by Tumova Vera
To be a small and dynamic company, which makes decisions quickly based on consensus and its own analysis and reasoning. These are the secrets to being the most active investor in Prague even in the past two difficult years, according to Českomoravská Nemovitostní (ČMN’s) new CEO, Karel Bor, who talked to Property Forum about the company’s investment strategy.
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News PDS plans new Prague districts with 8000 flats in 12 locations
22
Jun
2022

PDS plans new Prague districts with 8000 flats in 12 locations

by Tumova Vera
Palmovka in Prague 8 and Nové Dvory in Prague 4 are the largest areas where Prague development company (PDS – Pražská developerská společnost) plans the largest changes and development of new districts. PDS is preparing projects in a total of 12 localities where up to 8,000 urban rental flats should be built, announced the company director Petr Urbánek together with the Deputy Mayor of Prague, Petr Hlaváček at a press conference.
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News Czech fit-out costs are the second-highest in CEE
20
Jun
2022

Czech fit-out costs are the second-highest in CEE

by Property Forum
In line with the growing popularity of flexible and hybrid work models, many companies are relocating, changing size and trying to re-fitting their offices. This could be one of the reasons why Prague placed second in the CEE region in terms of the price of fitting out an office. Nevertheless, the key reasons are the tightening supply chain and challenges around labour, which are set to continue well in 2022 and beyond. The average costs per sqm in Prague are currently €1,037, which is half of what it is in top German cities or in the UK where the median cost exceeded €2,000, Cushman & Wakefield presents in their report.
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News Czech ministry rejects plans for CZK 10 billion palace renovation
15
Jun
2022

Czech ministry rejects plans for CZK 10 billion palace renovation

by Tumova Vera
There are strange dances around the reconstruction of the baroque Savarin Palace in the centre of Prague. The CZK 10 billion project has been approved by the city's conservationists and city councillors and the first phase of the project is already underway, according to the builders. However, the Ministry of Culture has now rejected the project, saying it would threaten the city's conservation area, the Czech News Agency (ČTK) reports. Therefore, Culture Minister Martin Baxa has a request on his desk from the construction company Crestyl to review the decision of his officials, as company spokesman Ondřej Micka confirmed to Property Forum today.
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Latest news


New leases

  • ROCKWOOL is expanding its office space in the Nowy Rynek D building, developed by Skanska in Poznań. In 2020, a competence centre was established on an area of 6,000 sqm. Now, the company has decided to lease additional 900 sqm.
  • Primark has opened the doors of its fourth shop in Poland for the first time in Katowice's Silesia City Center. The store occupies more than 3,600 sqm of retail space.
  • Signify is relocating its existing headquarters in Lódź. The new office, located in the city centre in the Hi Piotrkowska complex, has an area of over 2,800 sqm. The tenant was assisted in the signing of the contract and the process of arranging the new office by the consulting firm CBRE.

New appointments

  • From the beginning of December at BNP Paribas Real Estate Poland, Małgorzata Fibakiewicz will head the Office Department and Justyna Magrzyk-Flemming will take up the position of Head of Business Services.
  • Lucia Niculae has been appointed Business Development Director of Romanian construction company Pedro Construct. She has been an investor since 2018 and currently manages her own property portfolio. 
  • 108 Agency promoted Matej Indra to Head of Industrial Agency for the Czech Republic.


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