ARTICLES LABELLED WITH TAG Prague

News Prague’s office take-up grows by 10% year-on-year
23
Jul
2021

Prague’s office take-up grows by 10% year-on-year

by Property Forum
Gross take-up on the Prague office market in Q2 2021 amounted to 89,300 sqm, representing a 5% decrease on the previous quarter but a 10% increase in a year-on-year comparison. The Prague Research Forum has published the office market figures for the past quarter.
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News Penta Real Estate secures building permit for Prague project
14
Jul
2021

Penta Real Estate secures building permit for Prague project

by Property Forum
The Nuselský pivovar (Nusle Brewery) residential project in Prague 4 has received a building permit, developer Penta Real Estate announced. Following the completion of demolition works, excavation works have now begun. 
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News Rise of construction material costs impacts property values
07
Jul
2021

Rise of construction material costs impacts property values

by Property Forum
The retail, industrial and logistics sectors have been affected by the recent price increase of crucial construction commodities mostly steel, plastic and wood, according to a report by 108 Agency.
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News Heimstaden buys its first portfolio in Prague
21
Jun
2021

Heimstaden buys its first portfolio in Prague

by Property Forum
Swedish company Heimstaden is entering the Prague rental market. It has acquired the first 164 units under construction in Prague's Holešovice district as part of the Pergamenka project from developer FINEP.
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News CA Immo completes two office buildings in Prague
21
Jun
2021

CA Immo completes two office buildings in Prague

by Property Forum
CA Immo has completed the construction of two premium office buildings in the River City Prague campus, which is located in the Karlín district in the area of Rohan Island. Construction started in September 2019.
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News Primark opens first Czech Republic store
17
Jun
2021

Primark opens first Czech Republic store

by Property Forum
Primark has opened its first Czech Republic store in the Flow Building, Flow East’s development on Wenceslas Square in Prague, marking the 14th market for the retailer.
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News AFI Europe closes €66.5 million Prague office acquisition
03
Jun
2021

AFI Europe closes €66.5 million Prague office acquisition

by Property Forum
AFI Europe has completed the €66.5 million acquisition of the Avenir Business Park in Prague 5 from Tristan Capital Partners. The office complex, offering more than 25,600 sqm of premium office space, is close to 100% occupancy. Long-term tenants include companies such as ČSOB (belongs to the KBC Group), ING, Porsche, McDonald's, Conduent, Dermacol, Simac Technik and Coloplast.
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News Local fund Trigea buys Prague office building from Golden Star Group
03
Jun
2021

Local fund Trigea buys Prague office building from Golden Star Group

by Property Forum
Czech real estate fund Trigea bought the Explora Business Centre office building in Prague’s Nové Butovice from Golden Star Group, an international real estate group, in one of the largest real estate transactions performed this year on the local market.
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News New shopping centre opens in Prague soon
03
Jun
2021

New shopping centre opens in Prague soon

by Property Forum
A new shopping centre, part of the multifunctional Bořislavka Centrum complex developed by KKCG Group, is set to open in Prague on June 4. Located next to the Bořislavka metro station, the centre will feature approximately 9,000 sqm of retail space.
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News GLP expands in the Czech Republic and Slovakia
27
May
2021

GLP expands in the Czech Republic and Slovakia

by Property Forum
GLP has leased 20,000 sqm of logistics space across two logistics parks in Czech Republic and Slovakia. The company is developing further GLP Parks in Ostrava and Brno, with an additional two developments in the pipeline for next year.
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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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