Zeitgeist obtains more prestigious tenants in Palác Dunaj
The international law firm CMS and the European Investment Bank (EIB) have rented office space in the newly renovated Palác Dunaj building on Národní třída. The total occupancy has...
Tag: czech republic
Almost a million sqm of industrial space added to Czech market last year
Construction of new industrial space in the Czech Republic saw record growth last year. Nearly 1 million sqm of space was added, 22 percent more than the five-year average....
Most popular options for recycling office space
Savills is monitoring shifts in the Prague office space market, noting key trends such as renegotiations, subleases, serviced offices, and a renewed interest in refurbished buildings. At the same...
CTP lets 60 percent of the new addition to CTPark Prague North
CTP has signed three key ten-year leases in its most sustainable industrial park near Prague, comprising more than 60 percent of a new 32,000 sqm building that will be...
Coffee with Craig Show – daily CRE news covering the CEE region
Coffee with Craig Show – daily CRE news covering the CEE region with Publisher Craig Smith and Winston Norman, Editor and Chief of EuropaProperty.com. Polish investment market under pressure...
Czech Republic retains strong investment position
Investment volumes in Central and Eastern Europe (CEE-6) fell by around 52 percent to €5.1 billion in 2023, reaching a ten-year low. Higher borrowing costs and the price gap...
Renovated LIFE building in Brumlovka draws in new occupants
Savills successfully negotiated three new lease agreements for tenants in the LIFE Building C, located in Brumlovka, which is currently nearing 90 percent occupancy. The new occupants include the...
Coffee with Craig Show – daily CRE news covering the CEE region
Coffee with Craig Show – daily CRE news covering the CEE region with Publisher Craig Smith and Winston Norman, Editor and Chief of EuropaProperty.com. IFC makes €150 million sustainability-linked...
HEIMSTADEN prioritises sustainability with move to IQ Ostrava offices
CTP has signed a lease agreement with HEIMSTADEN, the largest provider of rental housing in the Czech Republic, for almost 3,500 sqm of office space at IQ Ostrava. IQ...
Significantly lower office deliveries for CEE forecast
In 2023, the office stock in the CEE region grew by 480,000 sqm, over 30 percent down against 2022. Due to the post-pandemic slowdown in construction activity some markets,...
SHD Real Estate begins development for Rezidence Klíčov in Prague
Rezidence Klíčov, a current major SHD Real Estate residential project in Prague, is moving into the construction phase. At the same time, SHD is opening sales for this hotly...
Reduced office completions and construction starts for Prague
With no office buildings completed in Prague in Q4 last year, 2023 ended with a new construction volume of 98,400 sqm in 7 projects. Nevertheless, this was the highest...
