CTP continues active role in restoring forest biodiversity
CTP purchased 460 hectares of forest in eastern Czechia raising the total forest the company owns to 560 hectares. The purchase is part of CTP’s strategy to own one...
Tag: czech republic
The second stage of Rezidence Čámovka is completely sold out
Horizon development group 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,...
New Work launches own franchise concept
According to JLL, the demand for flex space will grow by 300 percent due to Covid-19. Clients needs have clearly changed and flexibility and additional services are the main...
Prague hotels show decline in 2020, but potential in the long run
The latest STR figures show that the Prague hotel market has borne the brunt of the coronavirus crisis in Europe. It recorded the steepest decline in average revenue per...
Crowdberry launches CB Property Investors Subfund with initial aim to invest €30 million of equity in Czech and Slovak real estate
Crowdberry, an investment platform enabling private investors to invest in Czech and Slovak companies and real estate, has launched a new qualified investor real estate fund, the CB Property...
Panattoni Pilsen Digital Park to welcome Ball
In the new Panattoni Pilsen Digital Park on Pilsen’s Bory terraces, a fully automated plant for the production of 100 percent recyclable beverage cans will be built in the...
German producer and distributor starts operations in the Czech Republic
There has been an increase in movement of Western companies to the Czech Republic in the last two years, cementing the geographical advantages of the country being well connected...
Twenty-five new retail brands entered the Czech market in 2020
Although the retail segment is among those affected the most by the coronavirus crisis, this does not show in the number of brands newly incoming to the Czech market,...
CBRE advises on substantial land sale near Pilsen for the development of a large logistics park
The end of 2020 saw the completion of an exceptional investment transaction that will enable the future development of one of the largest logistics parks in the Czech Republic...
The Czech Republic now has the most e-shops per capita in the whole of Europe
The COVID-19 pandemic has disrupted both the operation and development of retail real estate markets worldwide, as well as in the CEE-17 countries. The Government restrictions imposed on the...
Strabag kicks off Prague’s largest construction project
The European-based construction group STRABAG has been awarded the contract for the first phase of construction of the largest building project in the history of Prague. As consortium leader...
CTP secures €403.5 million refinancing from Aareal Bank
Aareal Bank has arranged and underwritten the refinancing of two logistics and industrial parks in premium locations in the Czech Republic on behalf of CTP. Aareal Bank acted as...
