czech republic Archives

Minimal new office developments for Prague this year

The office market is changing due to the coronavirus pandemic, albeit not as dramatically as initially expected, says Cushman & Wakefield, analysing Prague’s office market. Offices as a concept...

Retail News

Revenues and footfall in Czech shopping centres comparable with last year

According to Cushman & Wakefield, 2021 was the second consecutive year when the Czech retail sector had to tackle the impact of the restrictions brought about by the coronavirus...

Warehousing, Logistics and Industrial

VGP expands its portfolio in Ústí nad Labem

VGP, the developer and owner of semi-industrial and logistics real estate, is expanding its portfolio with another location in Ústí nad Labem, where it plans to build a new...

Investment Market

108 AGENCY acquires BNP Paribas Real Estate in the Czech Republic

108 AGENCY announced it has purchased 100 percent of the shares of BNP Paribas Real Estate APM CR s.r.o., the Czech subsidiary of BNP Paribas Real Estate. 108 AGENCY...

Investment Market

Czech Market Recovery Will Continue in 2022 says CBRE

Despite the severe impact on economic activity triggered by the Covid-19 pandemic, the European commercial real estate market is well-positioned for recovery, with investment volumes expected to return to...

Retail News

Focus Estate Fund sells two retail properties in the Czech Republic

Focus Estate Fund has finalized the sale of two of its retail properties in the Czech Republic to DRFG investment group: Centro Ostrava Retail Park (GLA 7, 699 sqm)...

Hotels

Good Summer boosts Prague’s hotels, however, uncertainty remains

Occupancy rates in Prague’s hotels were 50 percent higher during the summer holidays this year in comparison with last July and August, propelling Prague upwards in the European cities’...

Investment Market

Hines Global Income Trust acquires Eastgate Park in Prague

Hines Global Income Trust has acquired Eastgate Park. This property is the 17th industrial asset in the Hines Global portfolio and is 99 percent leased. The 39,000 sqm last-mile...

Retail News

Czech shopping centres summer revenues exceed last year’s and pre-crisis levels

The figures describing the performance of shopping centres that Cushman & Wakefield has available (primarily for small to medium-sized centres in Czech regions) show a positive trend. Following the...

Residential

KAY River Lofts in Karlín receives approval

The Horizon development group announced the successful approval of the stylish KAY River Lofts residential project. The construction of a unique residence with 50 exclusive apartments and 7 commercial...

Office Leasing

Savills appointed as property manager for iconic DRN building in Prague

KGAL GmbH & Co. KG, a leading independent European investment and asset manager based in Germany, has appointed international real estate advisory firm Savills as property manager for Prague’s...

Warehousing, Logistics and Industrial

CUBE expands its production at CTPark Cheb

The popularity of cycling and exercise, in general, continues to increase worldwide, which in turn has accelerated the success of German bicycle manufacturer CUBE, whose bikes are renowned for...

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