REICO acquires Bořislavka Centrum from KKCG
The Česká Spořitelna Real Estate Fund (Nemovitostní fond České spořitelny) is buying the Bořislavka Centrum shopping and office complex from KKCG Real Estate Group. With the acquisition, the fund...
Tag: Prague
Prague’s office market revives in the second year of the pandemic
Prague Research Forum announced office market figures for the fourth quarter of 2021. The members of the Prague Research Forum – CBRE, Colliers, Cushman & Wakefield, JLL, Knight Frank...
Last year 38 new retail brands entered the Czech market
The Czech retail market and physical retail segment remain attractive for retail brands, as the arrival of 38 new international brands last year confirms: this is the highest number...
Minimal new office developments for Prague this year
The office market is changing due to the coronavirus pandemic, albeit not as dramatically as initially expected, says Cushman & Wakefield, analysing Prague’s office market. Offices as a concept...
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)...
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...
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...
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’...
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...
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....
