Although office leasing opportunities are already very limited in Prague, the good news is that Colliers' survey has reported rather stable rental prices throughout the last year.
Rezidence Klíčov, a SHD Real Estate residential project, is moving into the construction phase. At the same time, the developer is opening sales for this residential community in Vysočany, Prague 9.
The Dornych project of Crestyl Group replacing the old shopping centre in the neighbourhood of the Brno Central Station has received a building permit.
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.
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.
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.
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.
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.
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.
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).
JD Group-owned brands JD Sports and Sizeer are strengthening their presence in EPP-managed shopping centres. The group's latest agreements and extensions covered a total of nearly 1.7 thousand sqm - in Kalisz's Galeria Amber, Kielce's Galeria Echo and Szczecin's Galaxy.
Poznan's Galeria Panorama, which the Balmain Group is commercialising, has expanded its portfolio with the addition of an Action brand store, a Dutch non-food discount chain. The Action store has taken over 1,000 sqm of space.
BWF Poland, a manufacturer of textile filter materials and plastic products, has leased 2,400 sqm of warehouse and office space at the Silesian Logistics Centre BIK Sosnowiec III (southern Poland).
New appointments
Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.
Paulina Petynka has joined the team of Yareal Polska, taking on the position of Leasing Director. She has more than 20 years of professional experience.
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