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,...
Tag: czech republic
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...
CTPark Ostrava attracts new manufacturers, hundreds of new employees will be recruited as production launches
One of the most successful industrial parks in the country, CTPark Ostrava is currently home to 75 companies, and 9,000 people are employed there. And the site continues to...
Region’s office markets see reduced levels of demand and modest rent falls in Q3 2020
The core CEE markets recorded reduced demand levels, but rents saw only a modest fall in comparison with other European markets, office yields remained close to their 10-year low,...
Helaba to finance prime office complex Churchill Square in Prague
Helaba is providing a loan of more than €100 million to finance the acquisition of the Churchill Square office project in Prague. The buyers are the Czech real estate...
ARETE Group fulfils its investment strategy by entering into a sale agreement with CEREIT
ARETE Group and Cromwell European REIT signed a purchase agreement where ARETE INVEST CEEII sells its overall portfolio for €113.2 million at net operating income yield of 6.7 percent....
Real estate transactions in 2020 show markedly lower activity, stable prices
The overall volume of transactions in the commercial property sector in the Czech Republic should reach €1.2 billion this year, according to Cushman & Wakefield. This means a 63...
Reopening of shopping centres to bring about extraordinary increase in footfall and revenue
The great majority of shopping centres should reopen on Thursday 3 December. The footfall and revenue figures show that customers have not given up on visiting shopping centres in...
CTP expands its industrial park in Aš
European-based commercial real estate developer CTP has expanded its Aš industrial park by acquiring building plots and a production facility. At CTPark Aš there are now two fully-leased halls,...
