Prague Archives

GARBE Institutional Capital launches pan-European residential fund

GARBE Institutional Capital has launched a pan-European residential real estate fund with a total target investment volume (GAV) of around €800 million. The “GARBE European Residential Fund” (GARBE EUResi)...

Investment Market

Three stages to real estate recovery says Urban Land Institute and PWC

ULI Poland held an online launch with a focus on CEE and the Emerging Trends in Real Estate Europe 2022 report. The key findings of this market-leading report related...

Office Leasing

Passerinvest Group begins construction of Roztyly Plaza

Passerinvest Group has begun the construction of Roztyly Plaza office building. The building, with a total area of 23,000 sqm from the workshop of the architect studio Aulík Fišer...

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...

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...

Hotels

Investor interest in Prague hotels continues

The occupancy level in Prague’s hotels was just 10 percent during the first six months of this year, with revenue remaining far below the average of the pre-coronavirus years....

Office Leasing

Prague office leasing activity picking up slowly

According to Savills, total modern office space in Prague increased slightly in Q2 2021 to 3.73 million sqm. Although subdued and still challenged by uncertainty, Q2 2021 saw a...

Investment Market

Arete acquires production and storage complex near Prague

Czech investor Arete Group’s third fund focused on quality industrial and logistics assets in the CEE region, completed the acquisition of a production and storage facility near Beroun, 20...

Residential

Heimstaden buys its first portfolio in Prague

Swedish company Heimstaden is entering the Prague rental market. It has acquired the first 164 units under construction in Prague’s Holešovice district as part of the Pergamenka project from...

Office Leasing

CA Immo completes two office buildings in Prague

CA Immo has completed the construction of two premium office buildings in the River City Prague campus, which is located in the Karlín district in the area of Rohan...

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