ARTICLES LABELLED WITH TAG Prague

News HB Reavis sells Prague plot to PSN for CZK 870 million
21
Apr
2021

HB Reavis sells Prague plot to PSN for CZK 870 million

by Property Forum
HB Reavis has sold a plot of land in the centre of Prague, which was created by the demolition of the former Transgas complex, to local developer PSN for a record sum of CZK 870 million.
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News AFI Europe acquires Prague office complex
12
Apr
2021

AFI Europe acquires Prague office complex

by Property Forum
AFI Europe has signed an agreement for the purchase of Avenir Business Park in Prague 5 owned by Tristan Capital Partners. The office complex, offering more than 25,600 sqm of premium office space, is close to 100% occupancy. Among its tenants are companies such as CSOB, ING, Porsche, McDonald’s, Dermacol and Coloplast.
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News Prague’s PBSA market set to grow further
07
Apr
2021

Prague’s PBSA market set to grow further

by Property Forum
The total stock of purpose-built student accommodation (PBSA) in Prague exceeds 28,400 beds. 91% of these capacities are in the ownership of universities and the remaining 9% is provided by the private sector, according to the latest Savills “Student Housing in Prague” report.
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News Horizon acquires 24 hectares plot near Prague
29
Mar
2021

Horizon acquires 24 hectares plot near Prague

by Property Forum
Czech development group Horizon has announced the successful completion of the acquisition of 240,000 square metres of land from the Manghi Group in the village of Statenice in the district of Prague-West. The Aura - Bydlení Statenice residential project will be built on the newly-acquired plot, eventually offering over 500 units in the form of family houses and flats, while helping to strengthen local civic amenities. The start of development, as well as the sale of semi-detached houses and villas from the first phase of the project, is planned for this autumn.
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News P3 to execute BTS projects around four Czech cities
29
Mar
2021

P3 to execute BTS projects around four Czech cities

by Property Forum
This year, P3 will focus on offering clients facilities constructed on a built-to-suit basis. On a site adjacent to highway D6 near Prague, the industrial developer is ready to start building 17,000 sqm of warehouse space immediately. Additional thousands of square metres are on offer midway between Prague and Dresden at P3 Lovosice, and the first columns will soon be erected in P3's new parks in Ostrava and in Myslinka near Pilsen. All of P3's new buildings will carry a BREEAM Very Good or higher certificate.
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News Jobs best suited for full-time home office will be the easiest to replace by AI
26
Mar
2021

Jobs best suited for full-time home office will be the easiest to replace by AI

by Ákos Budai
Home office is just an effective supplement that will not replace the need for office space. Time will show that people need to meet each other and robots will replace those professions movable to a full-time home office, says Eduard Forejt, Development Director at Czech company Passerinvest Group, who talked to Property Forum about the future of office work and the company's development plans.
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News CPIPG opens new retail park near Prague
26
Mar
2021

CPIPG opens new retail park near Prague

by Property Forum
Spektrum shopping centre, CPI Property Group’s latest retail development in the Czech Republic, opened its doors on 25 March. Located in Čestlice, in Prague’s south-eastern agglomeration, Spektrum is a convenience-focused retail park comprising over 20 units and over 6,500 sqm of space.
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News B&B Hotels sells Budapest and Prague hotels to French investor
24
Mar
2021

B&B Hotels sells Budapest and Prague hotels to French investor

by Property Forum
Cushman & Wakefield Hospitality supported B&B Hotels in disposing of a portfolio of two hotels to Primonial REIM, a leading independent real estate asset management group based out of Paris, France.
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News Horizon completes sales process of Prague project
23
Feb
2021

Horizon completes sales process of Prague project

by Property Forum
Czech-based development group Horizon has announced that the sale of the second stage of Rezidence Čámovka is now complete. Despite much of the sales period being accompanied by pandemic-related uncertainty, all 148 flats in Prague's Čimice have already been secured by new owners. Commissioning for the five buildings in which they are located is scheduled for October this year.
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News Penta Real Estate launches new office project in Prague
19
Feb
2021

Penta Real Estate launches new office project in Prague

by Property Forum
Penta Real Estate has started the construction of the Masaryčka by Zaha Hadid project in the centre of Prague, the company announced.
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Latest news


New leases

  • White Star Real Estate has extended lease agreements with three long-standing tenants (Castolin, ACL Poland and Rodastal) of the logistics and production complex Diamond Business Park Gliwice. The three agreements, covering both warehouse and office and social spaces, cover a total area of 12,500 sqm.
  • GE Vernova, an American technology provider for the energy sector, has joined the tenants of Katowice's CitySpace Face2Face complex.
  • ID Logistics has extended its lease of 23,000 sqm of space at GLP Warsaw I Logistics Centre. The cooperation between the companies has been ongoing since 2018.

New appointments

  • Trei Real Estate Poland expands its management board - Jacek Wesołowski and Paweł Gołuchowski are joined by Mariusz Cegielski and Dariusz Węglicki. The company announces "dynamic growth in the residential and retail segments".
  • At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.
  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.

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