ARTICLES LABELLED WITH TAG C&W

Fio investiční společnost (Fio investment company) has announced the second acquisition to its Fio realitní fond (Fio real estate fund). The fund has bought the industrial park GARBE Park Chomutov from its developer Garbe.

The modern, developer-led warehouse stock in the Czech Republic has reached 12.02 million sqm in the second quarter of 2024. Approximately 117,500 sqm were delivered to the market within 11 industrial parks. Industrial Research Forum has announced industrial market figures for Q2 2024. 

Twenty brands have debuted on the Czech retail market in the first half of 2024, the highest number ever recorded. The biggest categories were Health and Beauty (six brands) and F&B (five brands). 

Cushman & Wakefield Slovakia has announced the successful sale & leaseback of Semecs's production facility in Vráble, Slovakia. The transaction involves a production hall with an area of nearly 9,000 sqm. The buyer is ZDR Investments, an investment real estate fund. This is already the second acquisition for the fund. The fund enables the general public to invest in industrial real estate intended for light manufacturing and logistics.

Rental activity in the Czech and European retail markets has significantly increased year-over-year, with a rise in the number of transactions and the volume of leased space across sectors and countries. A survey done by Cushman & Wakefield has analysed over 2,000 retail rental transactions in 13 European countries, including the Czech Republic.

Interest in the industrial and logistics space in the Czech Republic has reached a record height, rising 50% in the years 2019 and 2023 comparison. The growth in interest continued in the first four months of this year. Cushman & Wakefield is presenting data based on its record of enquiries.

Cushman & Wakefield has taken over the management of the OC Opatovská shopping centre in Prague 4, owned by Conseq realitní fond.

Cushman & Wakefield in the Czech Republic has appointed Petr Dolejš Head of Office Asset Services team.

Zeitgeist Asset Management has obtained tenants for their building in the historical centre of Prague. The international law firm CMS and the European Investment Bank (EIB) have rented office space in the newly renovated Palác Dunaj building on Národní třída in Prague.

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.