ARTICLES LABELLED WITH TAG Central Group

18
Aug
2021

Central Group buys land in Prague locations for CZK 750 million

by Property Forum

During H1 2021, Czech residential developer Central Group has completed the acquisition of land plots in three Prague locations, Žižkov, Hloubětín and Vysočany, for CZK 750 million. It plans to build almost a thousand new apartments on the land.

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03
Dec
2020

Average Prague apartment now costs 14 annual salaries

by Property Forum

The availability of housing in Prague has slightly improved this year, but it is still incomparably worse than in the surrounding metropolises. The inhabitants of Prague have to work 13.9 years for an average 70 sqm apartment. In Vienna, for example, such a purchase only cost 8.7 annual salaries. Compared to last year, a slight improvement was registered in 2020, but the effect of the coronavirus crisis has not yet been reflected in wage statistics, according to Czech residential developer Central Group.

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Latest news

New leases

Apollo-Rida, the owner and manager of the Equal Business Park office complex in Kraków, has extended some of its lease agreements, covering a total of more than 5,000 sqm of office space. Companies that have decided to continue their cooperation include Assa Abloy, Kimberly Clark, Endava and the law firm Kochański & Partners.
A C&A chain store has joined the tenants of the Blue City shopping centre in Warsaw. This will be the brand's seventh shop in the capital. The store, with an area of over 2,200 sq m, will open on level 0.
Media Markt has announced the opening of a new shop in Olsztyn. The outlet, located in the Aviator Retail Park and occupying an area of 577 sqm, operates in the modern Xpress format.

New appointments

Krisztina Enzsöl has joined Knight Frank Hungary as Associate Director in the office division. She has over 24 years’ worth of experience in real estate, being specialised in office leasing. In addition, Enzsöl has extensive knowledge in both tenant and landlord representation.
Beginning of September this year, the Management Board at Avison Young's Polish branch underwent a change, with Monika Bronicka, Director, Head of Valuation and Advisory, Business Development, becoming a Member of the Board.
In September 2024, Ewa Andrzejewska took on the role of Chief Operating Officer of the Polish Chamber of Commercial Real Estate (PINK). In her new role, she will be responsible for co-creating and implementing PINK's strategy and further developing the organisation.

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Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.

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