CTP has leased approximately 40,000 sqm at CTPark Ostrava Hrušov in the Czech Republic to Vitesco Technologies. The company has operated a high-tech R&D centre nearby at CTPark Ostrava for the past 10 years.
ZDR Investments has completed this year´s first acquisition, reports Newstream.cz. The fund for qualified investors has listed in their portfolio the Billa grocery store with subsequent retail in the Kunratice district of Prague.
Investor EPG Group has started an extensive renovation of the Varyáda shopping centre in Karlovy Vary. Part of it is the modernization of the existing premises as well as the addition, thanks to which the leasable area of Varyáda is expanding to 27,000 sqm.
The modern developer-led warehouse stock in the Czech Republic has reached 11.70 million sqm. The Industrial Research Forum has announced industrial market figures for Q4 2023.
Penta Real Estate has announced the results of the architectural competition held last year for a new building in Hybernská Street in Prague, on the site of the former post office building. Seven invited teams from the Czech Republic and Slovakia have participated in the competition.
The Prague Research Forum – CBRE, Colliers, Cushman & Wakefield, iO Partners, Knight Frank and Savills – has shared an updated Prague office market insight. Figures and data for Q4 2023 have confirmed a cautious approach both from developers and tenants.
Trade unions are offering the Art Deco Imperial Hotel in the centre of Prague for sale, for which they are asking at least CZK 2,15 billion (€86,6 million), HN.cz reports. Offers are accepted until 15th April 2024.
Developer YIT has launched the construction and sale of the new Sija Kamýk project in Prague 12. The development of the project is revitalizing the former brownfield used as a building site and later as office buildings in the Praha-Kamýk district.
Adara, a distributor of cosmetic ingredients of the German manufacturer Evonik, has decided to move into Oxygen Park. The company has leased 366 sqm of office space located at the 4th floor of Building A in the Warsaw complex owned by Golden Star Group.
Fashion retailer Primark will open a new store spanning 3,700 sqm in VIVO! Shopping Centre, Cluj-Napoca, in 2025. At present, the retailer has two stores in Bucharest and will open a new one in Timișoara later this year.
Logistics operator Just in Time Logistic has leased around 300 sqm in the DL Tower multifunctional building in Katowice (SIlesia, Poland).
New appointments
Polski Związek Firm Deweloperskich (Polish Association of Property Developers) elected new authorities at its general meeting in Katowice. Maciej Wandzel was elected chairman of the board. He will replace Grzegorz Kiełpsz, who became honorary president of the PZFD.
Piotr Herian has taken up the position of ISS CFO for Poland and the Baltics. ISS is a leading company in the creation of friendly workplaces and comprehensive facilities management.
Paulina Strutyńska has been promoted to the position of Leasing & Asset Director at Skanska’s commercial development business unit. She is now responsible for leasing processes in the Warsaw market as well as Key Customer Management. Agnieszka Krawczyk-Rogowska is responsible for project commercialization and client liaison in Gdańsk, Kraków, and Bucharest, while Marek Stasieńko is responsible for the Wrocław, Poznań, and Łódź markets.
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