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...
Tag: czech republic
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,...
Nexen Tire Europe further expands its activities near Žatec
Tyre manufacturer Nexen Tire Europe is expanding its activities near Žatec. Besides its plant in the Triangle Strategic Industrial Zone, the company will lease from commercial real estate developer...
