ARTICLES LABELLED WITH TAG Stewart Thomson

News Top Czech dealmakers: A healthy market needs a variety of capital sources
25
Apr
2024

Top Czech dealmakers: A healthy market needs a variety of capital sources

by Maria Novakova
What are the challenges of attracting foreign capital in the Czech real estate market? Is the Czech market overpriced? What about yields, are they accurately projected? And last but not least, is the more expensive land always better? Top Czech dealmakers have discussed these topics during the second panel discussion at Prague Property Forum 2024.
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New leases

  • Kappahl has reopened its store in the Wola Park shopping centre in Warsaw after modernisation. The brand's fifth shop in the capital occupies an area of almost 1,000 sqm and is currently the chain's largest outlet in Poland.
  • Moët Hennessy Polska has leased almost 500 sq m of office space in Warsaw's Metropolitan building. Colliers experts supported the company in the process of selecting the new location, negotiating and finalising the transaction.
  • Lefties, part of Inditex Group, has opened a new digital store spanning 5,000 sqm in Iulius Town Timișoara. With this opening, Iulius’ project hosts all of Inditex's brands in a single project, which is a first for Romania.

New appointments

  • Savills Poland is strengthening its Industrial Services Hub team. Emil Chwieduk joined at the beginning of October, taking on the position of Associate.
  • Czech Logport Development has appointed Peter Pecník, HB Reavis's ex-group CFO and ex-country CEO (Poland), the new Chief Financial Officer.
  • Wrocław's Quorum complex, owned by the Cavatina group, has gained another tenant from the IT sector. The Hexe Capital Group will move to the Quorum D building, which is part of it, and will occupy about 720 sqm of space on the fourth floor there.

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