ARTICLES LABELLED WITH TAG reconstruction

News Czech bathroom empire launches 600 unit resi reconstruction
17
Jul
2025

Czech bathroom empire launches 600 unit resi reconstruction

by Property Forum
Prague's first skyscraper, built in 1934 and known as the Trade Union House in Prague's Žižkov district, is set to receive a major renovation, reports seznamzpravy.cz. The dilapidated but listed building has been owned by the bathroom empire SIKO since 2018.
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News Housing market in Ukraine: What’s next for recovery?
10
Apr
2025

Housing market in Ukraine: What’s next for recovery?

by Property Forum
The Ukrainian housing sector continues to face significant challenges due to the ongoing conflict. However, the Government of Ukraine is actively implementing various initiatives to support citizens affected by the war. As of early April, over 100,000 homes have been restored, as announced by Oleksiy Kuleba, Vice Prime Minister for Recovery and Minister of Community and Territorial Development, during a meeting of the Ukrainian Donor Platform in Kyiv. The Ukrainian Real Estate Club has summarised the situation for Property Forum.
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News SIOR Foundation awards $22,000 grant to Ukraine real estate school
28
Aug
2024

SIOR Foundation awards $22,000 grant to Ukraine real estate school

by Property Forum
The Society of Industrial and Office Realtors (SIOR) Foundation has awarded a $22,000 grant to the Kyiv School of Development (KSD). The funding will be used for the training of at least 100 reconstruction specialists to help rebuild Ukraine. 
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News Karlák in Prague undergoes reconstruction
12
Jun
2024

Karlák in Prague undergoes reconstruction

by Property Forum
The office and business centre Karlák Shopping Square (formerly Charles Square Center) owned by KGAL is getting a new face. The complete rebranding, architectural modifications and reconstruction of retail and office spaces, including a modernised logo are all included in the reconstruction plan.
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News Bakhmut: A steel dream for a city rebuild
29
May
2024

Bakhmut: A steel dream for a city rebuild

by Property Forum
On 15-16 May, the Ukrainian Construction Congress was held in Kyiv, with the key topic of rebuilding Ukraine in a barrier-free and inclusive manner. As part of the concept of rebuilding Ukraine, the Steel Dream Bakhmut concept plan was presented. Iryna Nastych summarised the concept in an article prepared by the Ukrainian Real Estate Club for Property Forum.
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News Reconstruction of Białystok retail parks finishes
25
Apr
2024

Reconstruction of Białystok retail parks finishes

by Property Forum
Over 16,400 sqm GLA currently supplies the Białystok market with the Wysocki Retail Park, which was created on the basis of the former Outlet Białystok project. The owner, Newgate Investment, planned and implemented the processes of reconstruction and recommercialization of the former outlet with an original GLA of 13,336 sqm. As a result of the changes introduced, the area of the facility increased by over 3,000 sqm and the NOI level increased by approximately 70%. Redevelopment projects initiated by Newgate Investment began in 2021. The final stage is currently underway. Newgate Investment manages a real estate portfolio consisting of 30 commercial facilities with a total lettable area exceeding 126,000 sqm. The rental level of the property is close to 100%.
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News PSN to renovate shopping centre in Pardubice
08
Dec
2023

PSN to renovate shopping centre in Pardubice

by Property Forum
In 2024, PSN will begin a two-year reconstruction of the famous functionalist building in the centre of Pardubice. The first republican Grand Hotel, which served as a shopping centre for over 20 years, will now be transformed into a modern shopping centre with full preservation of the original legacy of the architect Gočár. The renovation is expected to cost €12.331 million, PSN estimates.
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News UDI Group to expand Prague shopping centre with apartments
19
Oct
2023

UDI Group to expand Prague shopping centre with apartments

by Property Forum
Developer UDI Group will launch a residential development in Prague directly opposite the Lužiny metro station. With an investment of more than CZK 1.3 billion (€52.6 million), two apartment buildings will be built here to complement the shopping centre, in line with the original plan from the 1980s. 
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News Delayed construction of Ritz-Carlton hotel in Prague goes on
22
Aug
2023

Delayed construction of Ritz-Carlton hotel in Prague goes on

by Property Forum
The Ritz-Carlton luxury hotel, which is to be built in the heart of Prague after the renovation of eight historic buildings, and was delayed is now moving forward again. The long-planned construction of a five-star hotel was supposed to be completed last year, but the new completion date is now set for 2025 at the earliest. The reconstruction will also include 26 apartments for long-term rent, writes E15.cz.
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News Prague's Smíchov railway station set for €215 million reconstruction
16
Aug
2023

Prague's Smíchov railway station set for €215 million reconstruction

by Property Forum
Two large railway stations in Prague are about to be modernised. After Masarycka station, Czech national railway infrastructure manager (SŽ – Správa železnic) is now looking for a construction contractor for the Prague-Smíchov station as well. The result will be wholly modernised tracks and platforms, extended underpasses under the whole station, and a new footbridge leading over the station and allowing barrier-free access to individual platforms. The construction implementation will take place between 2024 and 2027, the total cost amounts to CZK 5.2 billion (€215 million), says SŽ in a press release.
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Latest news


New leases

  • RSM Poland, the audit, accounting, and consulting firm, will open a new office in GTC's Francuska Office Centre complex in Katowice. Brookfield Partners advised on the 800-square-meter lease.
  • Himalaya, the mountain, outdoor, and sports equipment and apparel brand, is set to open its first store outside the capital at RIVUS Cluj-Napoca, the mixed-use project developed by Iulius and Atterbury Europe.
  • Nardo Trading has signed a 3,000 sqm lease with Villar Logistic Parks at km 13, Bucharest. This lease is part of the first 20,000 sqm phase of the park that is already operational. The transaction was brokered by iO Partners.

New appointments

  • Former Taylor Wessing Counsel and Head of Real Estate Peter Malovec has joined CTP Slovakia as its new Head of Legal.
  • Matexi Polska is strengthening its management structure. Jesika Mackiewicz has joined the management boards of companies implementing residential projects in Warsaw. This manager, with over 10 years of experience in the real estate industry, will support Matexi Polska's continued growth in the capital market.
  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.

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