ARTICLES LABELLED WITH TAG Prague

News Erste Asset Management becomes new owner of Reico
13
Jan
2025

Erste Asset Management becomes new owner of Reico

by Property Forum
As of December 20, 2024, the owner of Reico has changed. The new owner (shareholder) of Reico is Erste Asset Management GmbH. 
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News Prague's InterContinental to open this spring
13
Jan
2025

Prague's InterContinental to open this spring

by Property Forum
After four years, the reconstruction of the former Prague InterContinental hotel is reaching its completion. The hotel is to be operated by the international Fairmont hotel chain under the name Fairmont Golden Prague, reports E15.cz. 
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News CCM fund enters Prague's shopping centre supported by club loan
10
Jan
2025

CCM fund enters Prague's shopping centre supported by club loan

by Property Forum
A new fund managed by Upvest and the investment company RSJ have secured a quarter share in the Černý Most shopping centre in Prague, reports Hospodářskénoviny.cz.
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News YIT and RSJ join forces for projects in Prague and Brno
07
Jan
2025

YIT and RSJ join forces for projects in Prague and Brno

by Property Forum
YIT has decided to continue in cooperation with the RSJ investment group. After the completed Vesi Hostivař project in Prague 15 and the planned residential construction in Brno, the two companies are joining forces for the realization of the Toivo Roztyly project in Prague 11.
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News Czech retail market works as gateway for expansion
07
Jan
2025

Czech retail market works as gateway for expansion

by Property Forum
According to a survey by Cushman & Wakefield tracking new entries for 11 years, 47 brands have entered the Czech market in 2024. This is the highest number of brands to enter the Czech market, compared to 40 in 2023. 
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News CPIPG completes BoD with new members
03
Jan
2025

CPIPG completes BoD with new members

by Property Forum
CPIPG has announced a few changes in its top management. Over the past ten years, the composition of CPIPG’s Board of Directors has evolved to meet the expectations of its international stakeholders and the needs of its expanding business. The Vitek Family Trust (VFT), the Group’s majority shareholder, is actively supporting changes leading to enhanced independence.
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News Sekyra Group enters permitting process for project in Žižkov
02
Jan
2025

Sekyra Group enters permitting process for project in Žižkov

by Property Forum
Žižkov Station Development, founded by the development company Sekyra Group and České dráhy (the Czech railways), has submitted the planned construction of 3,000 apartments in the area of Prague's Žižkov Freight Station for an environmental impact assessment (EIA), reports newstream.cz.
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News PPF Real Estate acquires hotel in Prague
30
Dec
2024

PPF Real Estate acquires hotel in Prague

by Property Forum
PPF Real Estate Holding has agreed to acquire, for an undisclosed amount, Hilton Prague, a landmark hotel in the Czech capital, from Quinn Group Luxembourg Hotels, represented by the Irish Bank Resolution Corporation.
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News SPM and SCF acquire office complex in Prague
23
Dec
2024

SPM and SCF acquire office complex in Prague

by Property Forum
Investment groups SPM and SCF have become the new owners of the Prague office centre Palác Křižík. Both entities have acquired it from the previous owner, the Generali group. 
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News ČMN acquires office and retail portfolio
20
Dec
2024

ČMN acquires office and retail portfolio

by Property Forum
The investment group Českomoravská Nemovitostní (ČMN) together with the NEMO fund have completed the acquisition of a portfolio from the real estate fund NOVA Real Estate worth approximately CZK 5 billion (€199 million). 
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Latest news


New leases

  • Footwear brand Crocs is opening its first location in the North-East region in Palas, as well as in the upcoming Rivus project in Cluj-Napoca, both projects developed by Iulius.
  • WeNet, an online marketing company, has relocated its Gdańsk office to the multifunctional Garnizon complex, owned by the Hossa Investment Group. The organisation has taken up more than 450 square meters of office space in the GATO office building.
  • Perfume chain Douglas has signed a lease agreement for nearly 1,000 sqm of office and logistics space at CTPark Budapest Office Campus, which is located in the heart of the city.

New appointments

  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.
  • Tryton Business House in Gdańsk will welcome a new tenant. Państwowe Gospodarstwo Wodne Wody Polskie will occupy 3,092 sqm of office space in the complex owned by Globalworth. Cushman & Wakefield represented the institution in the lease process.
  • G City Europe is strengthening its development competences. Piotr Myszka has joined the company, taking up the position of Head of Development.

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