ARTICLES LABELLED WITH TAG Czech Republic

27
Apr
2016

IT companies and BSCs dominate the Prague office market

by Ákos Budai

IT and business service centres were the most active tenants on the Prague office market last year, having signed lease contracts for 84,000 sqm and reaching 31 % of net take-up. In 2015 the largest leasing transaction represented by an agent (JLL) was concluded in the history of Prague´s office market – SAP leased nearly 25,000 sqm in Metronom office building in Prague 5. SAP will move its 2,000 employees working for three operations under one roof.

Read more >

18
Apr
2016

Investors focus on retail in the Czech Republic

by Ákos Budai

According to a study by JLL called Destination Europe 2015, Prague has been ranked as the 14th most attractive market in EMEA for the expansion of international and luxury retailers. This reflects the strong purchasing power of the Prague and Czech citizens, as well as its massive volume of tourists. According to TripAdvisor’s Top 10 Global City Destinations 2016, the City of Prague ranks in 4th position in the Europe. Prague’s flourishing retail market has been on property investors´ radar over the past few years and the purchase of Palladium, a prime shopping centre in the very heart of Prague, was one of the largest transactions closed on the Czech real estate market last year.

Read more >

Latest news

New leases

The off-price retail chain HalfPrice will open its first location in the eastern part of the country at Iulius Mall Suceava. The store will have an area of over 2,000 sqm and will be inaugurated during H1 2025.
Wydawnictwa Szkole i Pedagogoiczne (WSiP), a pedagogical publisher, has decided to remain for another six years at the Equator II building on Al. Jerozolimskie in Warsaw. The institution has extended its lease agreement for over 2,500 sqm of space.
Wzorcownia shopping centre in Włocławek (central Poland), managed by EPP, strengthens cooperation with the LPP Group. The existing lease contracts have been extended by 5 brands, including Reserved, Cropp and House. Sinsay and Mohito are also staying in the facility for a longer period of time, so they decided to enlarge their leased spaces. Tenants from the LPP Group occupy over 3,000 sqm in Wzorcownia.

New appointments

The Industrial and Logistics Agency of BNP Paribas Real Estate Poland is expanding. In early January, Ludwika Korzeniowska took the helm of the agency, with Grzegorz Furmanek joining the team as Senior Consultant.
Tomasz Chojnacki has taken up the position of Deputy Head of the Office Department of CBRE Poland. In his new role, he is responsible for the management and development of the office sector and the development of a coherent business plan for all services for clients in this market segment.
Mantor E2K, a company specialized in industrial and logistics constructions, has appointed Radu Vlad as its Business Development Manager. He brings over 20 years of experience in industrial and real estate project development to the role, having coordinated projects with a combined value exceeding €180 million.

ABOUT US

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.

Please send press releases to
newsdesk AT property-forum DOT eu

MORE >

CONTACT

1027 Budapest, Bem József u. 1/B.
info AT property-forum DOT eu

I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.