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DTZ strenghtens Prague team

With a new Head of the Valuation department, the Prague office of the international consulting company DTZ has prepared for the growing demand for top-quality valuation and consulting services in the area of investment and financial... more...
Thursday, 16. May 2013

Orco Property Group and Unibail-Rodamco form joint venture

Orco Property Group has closed its joint venture with Unibail-Rodamco aimed at developing a prime shopping center in the Bubny area, downtown Prague. more...
Wednesday, 15. May 2013

New leases in Business Park Rudná

The Industrial Agency of Jones Lang LaSalle in Prague has recently completed two lease transactions in Business Park Rudná: more...
Tuesday, 7. May 2013
Kavci Hory - Photo: Kavci Hory

Jones Lang LaSalle extends its co-operation with CA Immo

Jones Lang LaSalle announces that it has extended its co-operation with CA Immo as the Czech Property Management team was newly appointed to manage its landmark office buildings... more...
Monday, 6. May 2013

H&M opens its new shop in OC Šestka

Jones Lang LaSalle´s Retail Agency has negotiated the lease of retail space for H&M - Hennes & Mauritz CZ in Šestka shopping centre, owned by CA Immo Real Estate Management Czech Republic. H&M’s new store has 1,486 sq m and opened on... more...
Thursday, 2. May 2013

Office stock in Prague exceeded 2.88 million square meters

According to the Prague Research Forum, total modern office stock in Prague exceeded 2.88 million square meters by the end of the first quarter of 2013. A-class properties represent 70% of the modern stock; B-class properties represent... more...
Thursday, 25. April 2013

Jones Lang LaSalle launches its integrated company Tétris in the Czech Republic

Jones Lang LaSalle launches its integrated company, Tétris Design & Build, in the Czech Republic. As a full-service fit-out and refurbishment specialist, Tétris Design & Build delivers innovative and sustainable work space solutions... more...
Thursday, 25. April 2013

Penta's Florentinum project obtains €110 million loan

Penta's real estate project, the Florentinum, has obtained a loan of €110 million (CZK 2.75 billion), which is one of the biggest financing deals in the Czech real estate sector this year. The loan will be used to finance the... more...
Thursday, 18. April 2013

53,000 sq m of new space delivered in industrial parks in Q1 2013

According to the Industrial Research Forum, in Q1 2013, almost 53,000 sq m of new industrial space was delivered in four different industrial parks in the Czech Republic. All of the space delivered was 100% pre-let. The largest project... more...
Monday, 15. April 2013

Czech Republic commercial property delivers a 4.7% return

The IPD Czech Republic Annual Property Index, released today, delivered a total return on Czech all property of 4.7% in 2012, 310 basis points lower than 2011. more...
Tuesday, 2. April 2013

Union Investment takes profits on sale of Trianon office property in Prague

Union Investment has sold the Trianon office property in Prague, held by its open-ended real estate fund UniImmo: Europa, for around €53.8 million. The buyer is Czech investment management company REICO, a subsidiary of Česká... more...
Thursday, 28. March 2013
Airport Business Center, Prague - Photo: Airport Business Center, Prague

Jones Lang LaSalle wins a new property management instruction

The Property Management team at Jones Lang LaSalle has won a new instruction. As of January 2013, the Prague team will be managing two office assets on behalf of Immofinanz Group.... more...
Friday, 22. March 2013

CBRE acquires Impact Corti

CBRE Group has acquired Impact Corti a.s., a firm specialising in property management in the Czech Republic and Slovakia. more...
Tuesday, 19. March 2013
Stara Celnice in Prague 1, Czech Republic, Office - Photo: Stara Celnice in Prague 1, Czech Republic, Office

Invesco buys Prague's Stara Celnice for German Fund BVK

Invesco Real Estate (IRE) has acquired the office property Stara Celnice in Prague 1 for circa €38m on behalf of the iii-BVK Europa-Immobilien-Spezialfonds, an institutional real... more...
Friday, 15. March 2013

Brno top, Ostrava wavers

The Regional Research Forum announced the Brno and Ostrava office market figures for 2012. more...
Thursday, 7. March 2013

Revitalization of the Old Town Court continues

The Developer of the Old Town Court, the company Around Inside, is proceeding with the revitalization and transformation of the area to a high standard residential community. The new design, prepared by Spanish architect Ricardo Bofill... more...
Friday, 1. March 2013

New 5 stars hotel in Prague

Company Akroterion, member of Loyd´s Property Investments group, has started preparations for the construction of the new 5 star hotel located in the historical centre of Prague. Future hotel is located between Železná, Celetná and... more...
Thursday, 28. February 2013

BBH will move to Orange Office Park in Krakow

Brown Brothers Harriman (BBH) has signed an office lease for 4,600 sq m in the Orange Office Park in Krakow being developed by East-West Development Office. BBH opened its Krakow office in the first quarter of 2012 as a key addition to... more...
Tuesday, 26. February 2013