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....
Tag: Prague
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...
The first inhabitants move into Rezidence Zahálka
The Horizon development group has started handing over units in Rezidence Zahálka to their new owners. The first stage of the project, in which Horizon cooperated with the Karlín...
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...
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...
