ARTICLES LABELLED WITH TAG FINEP

News AFI Europe and FINEP cooperate on rental housing in Prague
07
Oct
2024

AFI Europe and FINEP cooperate on rental housing in Prague

by Property Forum
AFI Europe and FINEP have announced the conclusion of a long-term framework agreement on cooperation in the development of rental housing in Prague. The move is based on their previous collaboration in this area. 
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News Reico adds rental residential project to portfolio
19
Sep
2024

Reico adds rental residential project to portfolio

by Property Forum
The Reico ČS Nemovitostní (RČSN) fund is expanding its investment portfolio. To its commercial real estate portfolio the fund is now adding the first residential rental housing project. 
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News AFI Europe and Finep to collaborate on Prague rental housing
18
Jun
2024

AFI Europe and Finep to collaborate on Prague rental housing

by Property Forum
International investment and development group AFI Europe and Czech developer Finep have announced two signed transactions adding more than 800 apartments in two different locations to the Prague rental housing market over the next three years.
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News Finep and XPlace join in residential development
05
Feb
2024

Finep and XPlace join in residential development

by Property Forum
A total of 57 housing units in Prague 6 have been acquired by the Prague Archbishopric after signing a contract with the developer Finep.
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News Finep sells resi project in Prague for €40 million to Mint
16
Oct
2023

Finep sells resi project in Prague for €40 million to Mint

by Property Forum
Property developer Finep has sold a house with rental apartments in Prague 9 to Mint's residential fund. The former Veltex building in Poděbradská Street is expected to bring mainly small apartments to the rental housing market within about two years. According to the daily e15.cz, the transaction is worth almost CZK 1 billion (around €40 million). 
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News Prague district reaches deal with two developers
14
Sep
2023

Prague district reaches deal with two developers

by Property Forum
The Prague 3 City Council has approved two contracts with developers Penta and Finep to build on one of Prague's largest brownfield sites at the former Žižkov railway station. This may lead to a change in the zoning plan, which the developers have been waiting for. On the other hand, the city and the district itself will receive CZK 267 million (almost €11 million) in so-called contribs, which will go towards building public parks, reconstructing schools and building a new kindergarten, writes e15.cz.
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News Česká spořitelna to build low-rent flats with FINEP in Prague
05
Apr
2023

Česká spořitelna to build low-rent flats with FINEP in Prague

by Vera Tumova
Česká spořitelna has started to build affordable apartments with low rents for employees that cities lack. The first such apartment buildings with 254 flats are already taking shape in Prague 9, built by a subsidiary of the bank DBČS with the developer Finep for CZK 1 billion (€42.7 million). The bank plans to build a total of 1,000 flats by 2026. The bank also wants to cooperate with the Czech government to finance more flats through EU funds and loans from the European Investment Bank, DBČS subsidiary CEO Marek Blaha told the press.
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News Rental housing in the Czech Republic to gain further momentum
10
Mar
2023

Rental housing in the Czech Republic to gain further momentum

by Vera Tumova
Tomáš Pardubický, CEO of Czech residential development company FINEP has talked to Property Forum about the necessary transformation of the real estate market and shared plans about the company’s expansion in the build-to-rent segment.
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News Skanska to build apartments in Prague 9 for €41 million
08
Dec
2022

Skanska to build apartments in Prague 9 for €41 million

by Property Forum
The area of former factories and industrial halls in Prague 9 will be transformed into a modern urban district. Skanska is now planning to invest more than CZK 1 billion (€41 million) in the Alfred apartment building there. The building, which is part of the second phase of the construction of the district of industrialist Emil Kolben, is expected to be completed in 2025, reports E15.cz.
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News Finep buys historical palace in Prague’s centre
19
Jul
2022

Finep buys historical palace in Prague’s centre

by Property Forum
The Czech Social Democratic Party (ČSSD) has agreed to sell the Lannův palác in the centre of Prague to the building's main tenant, local real estate developer Finep, for CZK 201 million. The party wants to use the proceeds to pay off its debts, novinky.cz reports.
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Latest news


New leases

  • Borg Automotive Group will move into new premises at HI Piotrkowska office building in Łódź in February 2025. It will occupy approximately 300 sqm. Brookfield Partners supported the tenant in the negotiation process.
  • TK Maxx shop will be opened at Ferio Konin (central Poland). The brand will occupy 2,000 sqm of space in the extended part of the shopping centre.
  • In November, RTV Euro AGD will open four new shops in four Polish cities: Wrocław, Mikołów, Bydgoszcz and Szczecin. Shops will be opened in Galeria Dominikańska in Wrocław (sales floor area of 950 sqm), Park Handlowy in Mikołów (570 sqm), CH Focus in Bydgoszcz (555 sqm) and Vendo Park in Szczecin (480 sqm).

New appointments

  • From November 1st 2024, Izabela Potrykus is to take on the role of head of the leasing team at CPI Property Group (CPIPG) and take on responsibility for 20 office buildings with a combined area of 516,000 sqm.
  • Knight Frank continues to strengthen its European management team with the appointment of Charles Taylor as CEO of Knight Frank Poland. He is a former Managing Director of Cushman & Wakefield Poland.
  • Immo lab, a consultancy specialising in strategic investment advice in the real estate sector, announces that Bartłomiej Ciemała is joining its team to take up the position of director of investment development.

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