ARTICLES LABELLED WITH TAG Czech Republic

News New Dornych in Brno moves closer to construction
20
Feb
2024

New Dornych in Brno moves closer to construction

by Property Forum
The Dornych project of Crestyl Group replacing the old shopping centre in the neighbourhood of the Brno Central Station has received a building permit.
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News Railway station in Prague to be converted to apartments
20
Feb
2024

Railway station in Prague to be converted to apartments

by Property Forum
The Vyšehrad Railway Station located in a UNESCO protection zone in Prague has been in disrepair for many years, even in danger of complete collapse. The new owner is now introducing plans on how to revitalize it.
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News Prague hotels recover from Covid impact
19
Feb
2024

Prague hotels recover from Covid impact

by Property Forum
For a time, the Prague hotel market has lagged behind other European cities in terms of recovery from the impacts of the COVID-19 pandemic. Its latest performance indicators are showing a significant increase in 2023, Cushman & Wakefield reports.
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News PKV expands into new offices by CTP in Brno
15
Feb
2024

PKV expands into new offices by CTP in Brno

by Property Forum
CTP has signed a lease agreement with PKV BUILD, a leading player in energy consulting. Leased premises are currently being built by CTP at its Vlněna office complex in Brno, Czech Republic.
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News With a new building code coming, Czech builders prepare for chaos
13
Feb
2024

With a new building code coming, Czech builders prepare for chaos

by Property Forum
In less than five months, the new building code for common buildings in the Czech Republic is going to enter into force. However, clouds are gathering around it. Builders are afraid of the shortcomings they have encountered recently when familiarizing themselves with the new requirements of the legislation, reports Seznamzpravy.cz.
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News Czech resi market closes 2023 with unpleasant figures
12
Feb
2024

Czech resi market closes 2023 with unpleasant figures

by Property Forum
In the area of ​​residential real estate, the year 2023 has booked a record as a period of significant sales decline, reports Valuo.cz in its residential real estate analysis. The market has fallen to its lowest level in eight years.
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News Czech mortgage rates hit 18-month low
09
Feb
2024

Czech mortgage rates hit 18-month low

by Property Forum
The beginning of February has brought a sharp fall in bank rates in the Czech Republic, and housing loans are thus the cheapest in more than a year and a half, E15.cz reports.
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News Anybody to buy Broadway Palace in Prague?
08
Feb
2024

Anybody to buy Broadway Palace in Prague?

by Property Forum
For the sixth time, the state is trying to sell the functionalist building in the centre of Prague, reports Newstream.cz. Compared to the last, failed auction, the price has been reduced by CZK 19 million (€76,100).
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News PSN plans acquisitions worth €40 million
08
Feb
2024

PSN plans acquisitions worth €40 million

by Property Forum
According to 2023 reports, PSN has booked 23 purchase contracts with a total value of over CZK 1.3 billion (€52 million). The largest part is represented by 15 apartment buildings.
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News Finep and XPlace join in residential development
05
Feb
2024

Finep and XPlace join in residential development

by Property Forum
A total of 57 housing units in Prague 6 have been acquired by the Prague Archbishopric after signing a contract with the developer Finep.
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Latest news


New leases

  • American company Bechtel, which is to build the first nuclear power plant in Poland, has chosen Equator IV in Warsaw, an office building in CPI Property Group’s portfolio, to be the location of the head office of its Polish branch. The company’s offices have an area of 1,600 sqm.
  • The Polish branch of Maersk, a company operating in the logistics sector, has moved into the P180 office building in Warsaw, developed on Pulawska Street by Skanska.
  • The Labour Office of the City of Warsaw has leased more than 3,700 sqm in the Renaissance Plaza office building at 18/20 Kasprzaka Street in Warsaw's Wola district. The building is owned by the Adventum Group fund.

New appointments

  • Piotr Herian has taken up the position of ISS CFO for Poland and the Baltics. ISS is a leading company in the creation of friendly workplaces and comprehensive facilities management.
  • Paulina Strutyńska has been promoted to the position of Leasing & Asset Director at Skanska’s commercial development business unit. She is now responsible for leasing processes in the Warsaw market as well as Key Customer Management. Agnieszka Krawczyk-Rogowska is responsible for project commercialization and client liaison in Gdańsk, Kraków, and Bucharest, while Marek Stasieńko is responsible for the Wrocław, Poznań, and Łódź markets.
  • The Supervisory Board of Globe Trade Centre S.A. has appointed Balázs Gosztonyi as a member of the Management Board of GTC S.A. Balázs Gosztonyi has held the position of Chief Financial Officer at GTC Hungary since January 2024. He joined GTC Group in September 2023 as Group Controlling Director.

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