ARTICLES LABELLED WITH TAG Prague

News Revetas sells Prauge office building to local fund
31
Jan
2019

Revetas sells Prauge office building to local fund

by Property Forum
Conseq Group’s Conseq Realitní investment fund has bought the A7 Office Center in Prague from Revetas. The purchase price has not been disclosed. The 16,000 sqm building is located in the Czech capital’s Holešovice district. The list of tenants includes Czech News Center, Ahold Czech Republic, DM Drugerie and Megapixel.
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News CTP expands in the Czech Republic, Serbia and Hungary
21
Jan
2019

CTP expands in the Czech Republic, Serbia and Hungary

by Property Forum
CTP is starting 2019 with the announcement of ambitious development plans in three of its markets, the Czech Republic, Serbia and Hungary.
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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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Latest news


New leases

  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.
  • SNF, a company operating in the beauty sector, has renewed its lease for approximately 2,300 sqm of warehouse and office space at Prologis Park Poznań I. Axi Immo represented the tenant in the transaction.

New appointments

  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.

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