ARTICLES LABELLED WITH TAG Prague

News Prague office market suffers from supply/demand imbalance
25
Feb
2025

Prague office market suffers from supply/demand imbalance

by Property Forum
According to an analysis by Savills, office development in Prague has been declining rapidly since 2021. This trend is confirmed by 2024 figures.
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News Prague hotel changes hands in CEE's largest single hotel transaction
24
Feb
2025

Prague hotel changes hands in CEE's largest single hotel transaction

by Property Forum
CBRE has advised on the sale of the Hilton Prague for the Irish Bank Resolution Corporation, marking the largest single-asset hotel transaction ever recorded in CEE. Czech group PPF has purchased the asset.
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News Coworking provider expands in Prague
21
Feb
2025

Coworking provider expands in Prague

by Property Forum
WorkLounge has opened its new branch in the Telehouse building in Prague's Dejvice. The premises with an area of 1540 sqm can accommodate 220 people. 
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News Geosan receives approval for residence in Prague
20
Feb
2025

Geosan receives approval for residence in Prague

by Property Forum
Geosan Development has announced the construction completion of the Rezidence Radimova Břevnov project in Prague 6. The project has received the valid building use approval.
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News Crestyl announces new project in Prague
20
Feb
2025

Crestyl announces new project in Prague

by Property Forum
Crestyl has presented its new project at Pankrác in Prague. The Boka Pankrác is designed as a mixed-use project connecting retail premises and a supermarket with offices. 
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News Logicor constructs last-mile logistics park in Prague
19
Feb
2025

Logicor constructs last-mile logistics park in Prague

by Property Forum
Logicor has started the construction of a new logistics park in the Logicor Prague-Průmyslová zone. The park is close to the southern part of the Prague Ring Road connecting the key strategic highways D1 and D11. 
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News Union Investment evaluates selling shopping centre in Prague
17
Feb
2025

Union Investment evaluates selling shopping centre in Prague

by Property Forum
The Palladium shopping centre in Prague, owned by Union Investment, is currently up for sale, reports hn.cz. The value of the property has increased and is likely to surpass the previous record.
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News AFI confirms demand for rental housing in Prague
13
Feb
2025

AFI confirms demand for rental housing in Prague

by Property Forum
AFI Europe has reached full occupancy for its portfolio of rental apartments in Prague. The company is currently building more than 500 more apartments in the Czech metropolis.
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News Reconstruction of Prague’s Kotva store begins
10
Feb
2025

Reconstruction of Prague’s Kotva store begins

by Property Forum
The reconstruction of the Kotva department in Prague is starting today, one year after its closure, reports Archiweb.cz. This is symbolically happening on the 50th anniversary of its opening. The owner is Generali Real Estate.
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News Penta proceeds with revitalisation of Masaryk area
06
Feb
2025

Penta proceeds with revitalisation of Masaryk area

by Property Forum
The revitalisation of the surroundings of Masaryk station by Penta Real Estate is moving to the next stage. The focus of action is now directed to the south side, to Hybernská Street. 
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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

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • 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.

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