ARTICLES LABELLED WITH TAG Czech Republic

Savills is moving its headquarters to new office space within the Masaryčka project in the centre of Prague. An additional 50% floor space is giving the Savills the foundation to expand its headcount towards 100 employees over the next phase of the business.

The last unit of Arete Park Valašské Meziříčí has been finished and handed over to DB Schenker, completing the other two units in this park used by the same tenant.

Prague's office market has grown by 4 new buildings in Q2 2024, offering nearly 44,000 sqm of modern class A office space, reports Colliers in its regular quarterly office property market survey. A large part of these properties has found tenants before completion.

CTP has handed over a newly completed 18,000 sqm industrial and logistics building in CTPark Žatec to Fiege s.r.o. From this location, Fiege is planning to store and subsequently distribute tyres for retail clients from the Czech Republic, Moravia and Slovakia.

Sick building syndrome (SBS) is becoming a growing problem affecting millions of buildings worldwide. In Great Britain and New Zealand, up to 80% of employees have shown symptoms of SBS leading to increased sickness and reduced productivity.

CBRE's new pan-European survey has confirmed the success of the long-term effort of companies to attract employees back to their offices, with the best results achieved by large companies.

The Czech Republic has been risking losing its self-sufficiency in producing stone and sand, according to the Euroconstruct report. These essential materials are becoming scarce because closed deposits are not replaced with newly opened ones. Obtaining permits for new ones is extremely complicated and none have been created for long.

JTH Group has opened the new Kaufland store and the adjacent Retail Park in Lovosice in North-west Bohemia. This project has been developed on an area of approximately 40,000 sqm on a former agricultural field.

KGAL ESPF 5 has entered the Czech market with the purchase of a solar project near the city of Most in north Bohemia. The project is being sold by Sev.en Inntech a.s.

The first stage of the Kolbenova Park residential project in Vysočany in Prague has been completed and approved for use, as the design and construction consulting office Obermeyer Helika has announced. The project consisting of six buildings is gradually executed in several phases. The developer is CPI Property Group.