Prague Archives

Prague’s Pařížská Street: Zero vacancy, new projects to saturate luxury retailers’ demand

Luxury retailer activity remains high and focussed on EMEA’s key luxury streets, Prague’s city centre being no exception. In and around Pařížská Street, 50 luxury and premium brands are...

Office Leasing

Passenger numbers on Prague’s metro back to 90% of pre-pandemic levels

According to Savills, the return of employees to work, students to schools and tourists to cities has had a significant impact on the utilization of local metro systems. In...

Green Building

Reconstructed interior facades of Danube and Nile House improve insulation by nearly 45%

Savills, in cooperation with MFS, prepared studies for CA IMMO for the Nile House and Danube House buildings, which included various solutions for solving the heat gains and losses...

Residential

Bydlení Úvaly set for expansion as new bypass improves connections with Prague

Bydlení Úvaly, a major long-term residential development close to Prague, is set for significant expansion thanks to the construction of a new bypass road transforming Úvaly’s road connectivity with...

Office Leasing

Zeitgeist obtains more prestigious tenants in Palác Dunaj

The international law firm CMS and the European Investment Bank (EIB) have rented office space in the newly renovated Palác Dunaj building on Národní třída. The total occupancy has...

Office Leasing

Most popular options for recycling office space

Savills is monitoring shifts in the Prague office space market, noting key trends such as renegotiations, subleases, serviced offices, and a renewed interest in refurbished buildings. At the same...

Coffee with Craig

Coffee with Craig Show – daily CRE news covering the CEE region

Coffee with Craig Show – daily CRE news covering the CEE region with Publisher Craig Smith and Winston Norman, Editor and Chief of EuropaProperty.com. Polish investment market under pressure...

Office Leasing

Renovated LIFE building in Brumlovka draws in new occupants

Savills successfully negotiated three new lease agreements for tenants in the LIFE Building C, located in Brumlovka, which is currently nearing 90 percent occupancy. The new occupants include the...

Coffee with Craig

Coffee with Craig Show – daily CRE news covering the CEE region

Coffee with Craig Show – daily CRE news covering the CEE region, with Publisher Craig Smith and Winston Norman, Editor and Chief of EuropaProperty.com. Retail development pipeline strong in...

Residential

SHD Real Estate begins development for Rezidence Klíčov in Prague

Rezidence Klíčov, a current major SHD Real Estate residential project in Prague, is moving into the construction phase. At the same time, SHD is opening sales for this hotly...

Office Leasing

Reduced office completions and construction starts for Prague

With no office buildings completed in Prague in Q4 last year, 2023 ended with a new construction volume of 98,400 sqm in 7 projects. Nevertheless, this was the highest...

Coffee with Craig

Coffee with Craig Show – daily CRE news covering the CEE region

Coffee with Craig Show – daily CRE news covering the CEE region, with Publisher Craig Smith and Winston Norman, Editor and Chief of EuropaProperty.com. Accelerated recovery for Prague’s hotel...

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