ARTICLES LABELLED WITH TAG Prague

News Savills becomes PM for Immofinanz’s Prague office portfolio
20
Oct
2020

Savills becomes PM for Immofinanz’s Prague office portfolio

by Property Forum
Immofinanz has appointed Savills as sole property manager for its portfolio of seven office buildings in Prague, Czech Republic, with effect from January 2021. The total floor area of the assets is approximately 123,000 sqm.
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News Sekyra Group buys historic building in central Prague
09
Oct
2020

Sekyra Group buys historic building in central Prague

by Property Forum
Local developer Sekyra Group has acquired the Stýblův dům townhouse on Wenceslas Square in Prague for around €16.6 million (CZK 450 million). The company is planning to invest €31.3 million (CZK 850 million) in restoring the building.
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News Generali Real Estate buys Prague office building for €70 million
06
Oct
2020

Generali Real Estate buys Prague office building for €70 million

by Property Forum
Generali Real Estate’s Core+ Fund has acquired the IBC office building in Prague’s Karlín neighbourhood from local investor Mint Investments for €70.2 million (CZK 1.9 billion). Wilsons provided legal advice for the seller during the transaction.
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News pbb and Helaba provide €108 million loan for Prague office complex
06
Oct
2020

pbb and Helaba provide €108 million loan for Prague office complex

by Property Forum
pbb Deutsche Pfandbriefbank and Helaba have jointly underwritten an investment facility, totalling €107.5 million, to refinance Futurama Business Park located in Prague for Caerus Investment Management on behalf of a separate account client. pbb and Helaba, acting as Joint Lead Arrangers, provided equal portions of the funding. pbb also acted as facility and security agent of the transaction.
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News Warsaw and Prague among Europe’s hotspots for data centre development
18
Aug
2020

Warsaw and Prague among Europe’s hotspots for data centre development

by Property Forum
New research from Cushman & Wakefield has identified Berlin, Reykjavik, Oslo, Warsaw, Zurich, Milan, Vienna, Madrid and Prague as emerging hotspots for data centre development in Europe. The European data centre market has long been dominated by the ‘FLAP-D’ markets of Frankfurt, London, Amsterdam, Paris and Dublin, cities with their own deep business and financial sectors to serve. While these markets are still critical to the data centre ecosystem as entry points - and with over 500 MW of construction underway among them - interest in the FLAP-D markets is now competing with physical limitations including a lack of energy to power the centres, limited stock and a need to be closer to regional users.
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News Penta receives planning permit for Prague project
10
Aug
2020

Penta receives planning permit for Prague project

by Property Forum
A planning permit has been issued for Penta Real Estate’s The Residence Nuselský Pivovar development in Prague’s Nusle district. As part of the €77 million (CZK 2 billion) project, the developer will build 450 residential units on the site a historic brewery.
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News Crestyl completes construction of Prague office building
30
Jul
2020

Crestyl completes construction of Prague office building

by Property Forum
Local developer Crestyl Group has completed the fourth office building in its Dock district development project, located in Prague’s Palmovka area.
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News KGAL appoints new manager of Prague office complex
23
Jul
2020

KGAL appoints new manager of Prague office complex

by Property Forum
From July 2020, KGAL Investment Management Group GmbH, based in Germany, has appointed Savills as local asset manager for DRN, an office complex on Národní St., Prague 1.
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News CTP secures new tenant in Prague park
16
Jul
2020

CTP secures new tenant in Prague park

by Property Forum
XLMX obchodní s.r.o. has leased 16,000 sqm of warehouse space in ctPark Prague East in Nupaky with a view to setting up a regional warehouse for XXXLutz.
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News Skanska to build CEE’s first climate-neutral office project
16
Jul
2020

Skanska to build CEE’s first climate-neutral office project

by Property Forum
Skanska plans to build the first climate-neutral office building in the CEE region. The developer is going to use a solution based on structural timber, as wood is a natural resource that will help reduce the carbon footprint. Construction works on the office building located on Radlická Street in Prague are planned to begin in 2023. Skanska has made a global commitment through a climate target of net-zero carbon emissions by 2045, with a 50% reduction by 2030.
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Latest news


New leases

  • Cineplexx Romania will open a state-of-the-art multiplex cinema concept that will be integrated in Iulius’ Rivus Cluj-Napoca, the urban regeneration project that is currently in the final permitting phase.
  • Law firm Wolf Theiss has leased almost 1,300 sqm for its new offices in Budapest-based Liget Center, owned by Wing. The lease deal was brokered by Cushman & Wakefield.
  • CitySpace plans to expand its offer in the Rondo 1 building in Warsaw. Flexible office space will be created on the 12th floor, increasing the total area occupied by the operator to 3,000 sqm.

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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