ARTICLES LABELLED WITH TAG Prague

News New investor enters the Czech market
19
Oct
2017

New investor enters the Czech market

by Import Sys
ICP Capital Partners has entered the Czech investment market with the acquisition of Na Rybníčku office building from an Irish private investor. The purchase price is believed to be approximately €5 million (CZK 130 million).
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News Corpus Sireo acquires Prague office building
17
Oct
2017

Corpus Sireo acquires Prague office building

by Import Sys
Corpus Sireo Real Estate has acquired the Oasis Florenc office property in Prague from an international investor. The purchased asset is located near the Vltava river and will now be included in the pan-European DEREIF SICAV-FIS fund. The parties agreed not to disclose the purchase price.
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News CBRE becomes PM of Qubix in Prague
17
Oct
2017

CBRE becomes PM of Qubix in Prague

by Import Sys
CBRE won the tender from REICO IS ČS for managing the 13,800 sqm Qubix office building, located in Prague 4, which is certified according to the LEED Platinum methodology.
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News Booming tourism drives CEE hotel markets
12
Oct
2017

Booming tourism drives CEE hotel markets

by Ákos Budai
The total transaction volume on the CEE hotel investment market increased to €700 million in the first half of 2017 from the €630 million transacted in H1 2016. This represents a yearly growth of 11 percent which is significantly larger than the 0.3 percent growth registered in the western part of Europe. High yields, booming tourism and strong economic growth are the main reasons behind growing interest in the hotel markets of Central and Eastern European capitals on the behalf of international investors.
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News Neinver to open Prague outlet centre in April 2018
11
Oct
2017

Neinver to open Prague outlet centre in April 2018

by Import Sys
Neinver, a Spanish company specialised in investment, development and management of property assets, has announced the opening date for Prague The Style Outlets, located in the capital of the Czech Republic. A joint project between The Prague Outlet and Neinver, Prague The Style Outlets will open its doors in 26 April 2018.
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News BMO REP acquires Prague department store
11
Oct
2017

BMO REP acquires Prague department store

by Import Sys
BMO Real Estate Partners announced the purchase of a high end department store in Prague, which is occupied by Van Graaf, on behalf of its pan-European retail property investment fund. BMO Real Estate Partners acquired the building from MTK Developments, a Vienna-based European real estate firm specialising in value-add investments.
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News New speculative development at Prologis Park Prague-Airport
05
Oct
2017

New speculative development at Prologis Park Prague-Airport

by Import Sys
Prologis has begun construction of a new 14,477 sqm speculative facility at Prologis Park Prague-Airport. The expected completion is for the first quarter of 2018.
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News Prologis Park Prague-Rudna to be fully developed
02
Oct
2017

Prologis Park Prague-Rudna to be fully developed

by Import Sys
Prologis has begun construction of a new 23,710 square metre build-to-suit facility at Prologis Park Prague-Rudna for VAFO PRAHA, the Czech family-owned pet food producer. With construction of Building 19, the park will be fully developed and will comprise almost 250,000 square meters of distribution space.
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News C&W becomes manager of two Prague office buildings
25
Sep
2017

C&W becomes manager of two Prague office buildings

by Import Sys
Cushman & Wakefield have newly become the manager of two Class A office buildings: Keystone in Prague 8 and Smíchov Gate in Prague 5. Both properties are situated in locations popular on the office market where lease volumes have been the highest this year. Prague 5 accounted for 16% of the total volume and Prague 8 for 15%.
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News Skanska starts €27 million office project in Prague
21
Sep
2017

Skanska starts €27 million office project in Prague

by Import Sys
Skanska invests €27 million in the office project Praga Studios in Prague. The seven-floor building will offer a total leasable area of about 12,000 square meters. Construction has begun and the office building is scheduled for completion in Q2 2019.
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Latest news


New leases

  • 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.
  • MHP Consulting Romania, the IT division of the Porsche group, has leased 550 sqm of office space in Bucharest-based MUSE building. The lease deal was brokered by Griffes.
  • Accace Poland, a consulting and outsourcing company, has moved into new office space, occupying 550 sqm in the Atrium Centrum office building in Warsaw.

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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