Prague Archives

Tristan exchanges on €71 million sale of Avenir business park in Prague

EPISO 4, an opportunistic real estate fund advised by Tristan Capital Partners, has sold its Avenir Business Park in Prague to AFI Europe for €71 million. The 25,600 sqm...

Residential

Horizon acquires 24 hectares in Prague-West for residential development

The Horizon development group has announced the successful completion of the acquisition of 240,000 sqm of land from the Manghi Group in the village of Statenice in the district...

Investment Market

B&B Hotels in Prague and Budapest sold

Cushman & Wakefield Hospitality supported B&B Hotels in disposing of a portfolio of two hotels to Primonial REIM, a leading independent real estate asset management group based out of...

Investment Market

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...

Investment Market

Skanska sells Parkview office building in Prague for €77 million

Skanska, one of the leading development and construction companies in Europe, has sold the Parkview office building in Prague to Deka Immobilien, one of Europe’s leading real estate investors...

Investment Market

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...

Finance

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...

Retail News

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...

Investment Market

Prague office market fairly priced as Czechia remains regional investment haven

According to Savills latest research, Prague’s office real estate market is fairly priced despite some minor outward prime yield movement during the first half of the year. This broader...

Office Leasing

Higher sublease activity increasing competition on the office market

The Prague Research Forum announced the office market figures for the third quarter of 2020. The members of the Prague Research Forum – CBRE, Colliers International, Cushman & Wakefield,...

Warehousing, Logistics and Industrial

Major storage scheme on the D1 near Prague let to XXXLutz – EuropaProperty

XLMX obchodní has leased 16,000 sqm of warehouse space in CTPark Prague East in Nupaky with a view to setting up a regional warehouse for XXXLutz. The XXXLutz brand...

Office Leasing

Two of the ten greenest office buildings in the world are in Prague. Europe dominates the ranking – EuropaProperty

Two of the ten greenest office buildings in the world are located in Prague, the same number as in all of the United States. According to available information, the...

Tag: Prague