ARTICLES LABELLED WITH TAG Prague

News CBRE GI takes €108 million loan from pbb
09
Feb
2017

CBRE GI takes €108 million loan from pbb

by Ákos Budai
pbb Deutsche Pfandbriefbank has provided a long term acquisition facility, in a total amount of €108 million, to a company managed by CBRE Global Investors on behalf of a German separate account. The transaction closed in January 2017. pbb acted as arranger and sole lender under the facility. 
Read more >
News Prague industrial area has new owner
09
Feb
2017

Prague industrial area has new owner

by Ákos Budai
An industrial area, located in Prague – Horní Počernice has been sold by Carrier to a private investor. The property has a total area of 12,621 sqm. It consists of an administrative building, two warehouses and plots for parking and material manipulation. It features 4,822 sqm of covered premises and offers possible future development.
Read more >
News Asian investors dominated the Czech market in 2016
25
Jan
2017

Asian investors dominated the Czech market in 2016

by Ákos Budai
Total real estate investment volume in the Czech Republic exceeded €3.7 billion in 2016, CBRE revealed. The most notable transactions in 2016 were the sale of P3 Logistics Parks, the Park and Florentinum, with 67 transactions being mediated on the Czech market in total. 
Read more >
News AEW sells Prague office building to Czech investor
23
Jan
2017

AEW sells Prague office building to Czech investor

by Ákos Budai
AEW has sold the Smíchov Gate office building in Prague 5 after almost ten years of ownership on behalf of one of the funds managed by AEW. The new owner is Redside, manager of real estate open-ended investment fund NOVA Real Estate (SICAV). Cushman & Wakefield facilitated the sale of the property.
Read more >
News CA Immo becomes sole owner of two CEE office buildings
18
Jan
2017

CA Immo becomes sole owner of two CEE office buildings

by Ákos Budai
CA Immo has completed negotiations with Union Investment Real Estate GmbH on acquiring 49% of shares each in the office buildings Danube House in Prague and Building A of Infopark in Budapest, both so far part of the open-ended property fund UniImmo: Europe. The deal, which has already been closed, will make an immediate positive contribution to long-term profitability by around €3 million.
Read more >
News CBRE GI acquires Prague shopping centre from Tesco
16
Jan
2017

CBRE GI acquires Prague shopping centre from Tesco

by Ákos Budai
CBRE Global Investors has acquired, on behalf of a separate account client, Prague’s Letňany Shopping Centre from Tesco. The value of the transaction has not been disclosed.
Read more >
News Aviva and LaSalle acquire Prague office building for €84 million
11
Jan
2017

Aviva and LaSalle acquire Prague office building for €84 million

by Ákos Budai
Aviva Investors and LaSalle Investment Management have acquired River Garden II & III in Prague, on behalf of the Pan-European Fund Encore+ for €84 million. River Garden II & III, developed by HB Reavis is Class A office building with ground floor retail, located in the Karlin district of Prague. This is the first acquisition that Encore+ has made in the Czech Republic.
Read more >
News 2017 can be a record year for the Czech investment market
27
Dec
2016

2017 can be a record year for the Czech investment market

by Ákos Budai
Strong demand across all investment sectors is expected to continue into 2017 in the Czech Republic and the €3 billion boundary could be exceeded once again. Retail is likely to become the most popular asset class next year, followed by offices and industrial. CBRE has released the Czech Republic Real Estate Market Outlook 2017.
Read more >
News Singapore-based M&L buys Prague hotel from Blackstone
23
Dec
2016

Singapore-based M&L buys Prague hotel from Blackstone

by Ákos Budai
Blackstone has sold the Hilton Prague Old Town hotel and Gestin Centrum, an adjacent 6,900 sqm mixed use commercial building, to Singapore-based real estate investment group M&L Hospitality. JLL’s Hotels & Hospitality group advised Blackstone on the sale.
Read more >
News Year of records on the Prague office market
16
Dec
2016

Year of records on the Prague office market

by Ákos Budai
Prague's office market has witnessed several records this year: the lowest annual office supply in history and one of the highest demand volumes. By the end of 2016, Prague´s office market will have 3,245,000 sqm of modern offices. At the same time, the Czech capital recorded the lowest annual office supply in history with only 33,600 sqm in 6 projects, On the contrary, over 180,000 sqm of new office space will be delivered to the Prague market next year. 
Read more >

Latest news


New leases

  • Scan Global Logistics, a global logistics and freight forwarding company has secured 13,000 sqm of industrial space in CTPark Budapest East Ull2 near Üllő, a suburban city of Budapest. The long-term lease was signed late last year.
  • Four new tenants have secured space in Liberty, a mixed-use building in Budapest, developed by Wing. Coop, FedEx, Praktiker and 3 Print have concluded lease agreements for more than 3,500 sqm of office space.
  • Tech company Blankfactor will open an office on the 35th floor of RPHI’s SkyTower Bucharest building. The lease deal was brokered by CBRE.

New appointments

  • Anna Bartoszewicz-Wnuk joins the Velis Real Estate Tech team as Head of Central & Eastern Europe and will be responsible for the company's development in the CEE markets.
  • DVM group, an integrated architectural and construction services provider is restructuring its design department. Ákos Csécsei has been appointed to head the architectural design department and Tímea Fekete-Tóth to lead the interior design department. The managers have grown with the company, with multiple projects to their name.
  • Meta Estate Trust has named Adela Antone as Investment Director. She has around 20 years’ worth of experience in the banking and real estate sectors.

ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Budapest, Bucharest, Bratislava and Prague, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

Sign up today for the latest news

I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.

 

Property Forum © 2017 – 2024 | Terms & conditions | Privacy policy