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...
Tag: Prague
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...
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...
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....
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...
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...
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...
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...
Trigea Fund acquires Explora Business Centre from Golden Star Group
The Czech real estate fund Trigea bought the Explora Business Centre office building in Prague’s Nové Butovice from Golden Star Group, an international real estate group, in one of...
Passerinvest Group to launch new mixed-use project in Prague
Passerinvest Group is preparing its second large-scale project in Prague, Nové Roztyly. The project is to create offices and other jobs for nearly 3,000 people and to provide housing...
pbb and Helaba provide €130 million loan facility for Crestyl Group
pbb Deutsche Pfandbriefbank (pbb) and Helaba have jointly underwritten an investment facility, totalling €130 million to refinance “Dock In Office Park” (4 buildings) in Prague for Crestyl Group. pbb...
Czech Philharmonic and Arcona plan to open up the Rudolfinum roof terrace for public use
The Czech Philharmonic and corporate sponsor Arcona Capital have announced a major development project at the Rudolfinum in Prague. Works to improve the safety and accessibility of the Rudolfinum’s...
