ARTICLES LABELLED WITH TAG Czech Republic

News Prague hotel changes hands in CEE's largest single hotel transaction
24
Feb
2025

Prague hotel changes hands in CEE's largest single hotel transaction

by Property Forum
CBRE has advised on the sale of the Hilton Prague for the Irish Bank Resolution Corporation, marking the largest single-asset hotel transaction ever recorded in CEE. Czech group PPF has purchased the asset.
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News Coworking provider expands in Prague
21
Feb
2025

Coworking provider expands in Prague

by Property Forum
WorkLounge has opened its new branch in the Telehouse building in Prague's Dejvice. The premises with an area of 1540 sqm can accommodate 220 people. 
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News Geosan receives approval for residence in Prague
20
Feb
2025

Geosan receives approval for residence in Prague

by Property Forum
Geosan Development has announced the construction completion of the Rezidence Radimova Břevnov project in Prague 6. The project has received the valid building use approval.
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News Crestyl announces new project in Prague
20
Feb
2025

Crestyl announces new project in Prague

by Property Forum
Crestyl has presented its new project at Pankrác in Prague. The Boka Pankrác is designed as a mixed-use project connecting retail premises and a supermarket with offices. 
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News BHM assumes full ownership of Slovenian logistic centre
20
Feb
2025

BHM assumes full ownership of Slovenian logistic centre

by Property Forum
Originally developed in partnership with Go Asset, the state-of-the-art logistic facility Log Center Maribor has been a cornerstone of BHM Group's Slovenian portfolio. The facility's ownership has now changed.  
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News Logicor constructs last-mile logistics park in Prague
19
Feb
2025

Logicor constructs last-mile logistics park in Prague

by Property Forum
Logicor has started the construction of a new logistics park in the Logicor Prague-Průmyslová zone. The park is close to the southern part of the Prague Ring Road connecting the key strategic highways D1 and D11. 
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News Czech industrial market real vacancy to exceed 6%
18
Feb
2025

Czech industrial market real vacancy to exceed 6%

by Property Forum
The fourth quarter of 2024 has not brought a significant change to the Czech industrial and logistics real estate market. While demand has returned to almost pre-Q1 volumes, the amount of new project completions has remained low, according to the regular quarterly survey conducted by Colliers. 
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News VGP welcomes new tenant in Liberec
18
Feb
2025

VGP welcomes new tenant in Liberec

by Property Forum
With the new year's arrival, VGP has welcomed a new tenant to VGP Park Liberec. C.S.Cargo has leased almost 12,000 sqm. 
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News Union Investment evaluates selling shopping centre in Prague
17
Feb
2025

Union Investment evaluates selling shopping centre in Prague

by Property Forum
The Palladium shopping centre in Prague, owned by Union Investment, is currently up for sale, reports hn.cz. The value of the property has increased and is likely to surpass the previous record.
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News CTP invests in Brno project for Hitachi Energy
17
Feb
2025

CTP invests in Brno project for Hitachi Energy

by Property Forum
CTP has launched a project for its long-time partner, Hitachi Energy, at CTPark Brno in the Czech Republic. The developer has also revealed its plans for a campus enriching the range of services in the industrial park. 
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Latest news


New leases

  • Pure Ice is expanding its operations at the MLP Pruszków II logistics center. Under a new agreement, the tenant has increased its leased space by an additional 3,700 sqm. As a result, the total leased area for the company at the logistics park now amounts to 7,200 sqm, including 950 sqm of office space.
  • JD Sports opened a new store spanning 560 sqm in Iulius' Palas Iași complex. The brand opened another store in Iulius Town Timișoara last year.
  • A store of Malaysian chain Mr. DIY, offering home, DIY and decorative items, has opened in Gemini Park Bielsko-Biala shopping center. The new store occupies an area of nearly 600 sqm on the second floor of the mall. It is the fourth in Poland and the first in Bielsko-Biała for the Malaysian chain, which made its Polish debut in November 2024.

New appointments

  • P3 Logistic Parks has announced the appointment of Chris Zeuner as its new Chief Investment Officer (CIO), effective from the 1st of September, 2025. Zeuner has over 25 years of experience in real estate investment and capital markets, most recently serving as co-CEO, and prior to that as CIO, at 7R.
  • Piotr Krysztopa, a specialist in building technology and energy efficiency, is joining Avison Young's technical consulting department. He will strengthen the firm's expertise in data analytics and ESG solutions.
  • Leszek Stankiewicz has been appointed CEO of YIT in Poland as of 9th of April. YIT is the largest property developer in Finland, present in eight European countries. In Poland, the company has investments in Warsaw, Gdańsk and Kraków.

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