Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.
Investment volumes in Central and Eastern Europe (CEE-6) fell by around 52% to €5.1bn in 2023, reaching a ten-year low. Higher borrowing costs and the price gap between buyers' and sellers' expectations are are some of the reasons why transaction volumes are significantly below the 10-year average level of ca. €10 billion. Do...
Rezidence Klíčov, a current major SHD Real Estate residential project in Prague, is moving into the construction phase. At the same time, the developer is opening sales for this hotly anticipated residential community in Vysočany, Prague 9, expected to be completed next year.
CTP has signed a lease agreement with PKV Build for 3,000 sqm of new office space which is currently being built by CTP at its premium Vlněna office complex in Brno.
pbb Deutsche Pfandbriefbank is providing two logistics real estate players with financing totaling EUR 95 million. Garbe has been granted a €62 million credit line for a development at Leipzig Airport, while Amesbury has obtained €33 million for the refinancing of two parks in the Czech Republic.
CTP has leased approximately 40,000 sqm at CTPark Ostrava Hrušov in the Czech Republic to Vitesco Technologies, a leading international manufacturer of modern drive technologies and solutions for electrification.
Weak construction, pressure on ESG compliance and price imbalances between buyers and sellers are the main trends that will affect the Czech real estate market in 2023. Significant changes will occur in industrial and office properties as well as in residential housing. According to experts from Colliers, one of the leading p...
CTP has leased 18,000 sqm to provider of logistics and transport services Fiege at a new 71,000 sqm industrial and logistics building which is currently under development at CTPark Žatec in the Czech Republic.
Savills strengthens its investment team with a promotion and a new appointment. Fraser Watson has been promoted to the role of Head of Investment for the Czech Republic and Slovakia.
Savills recorded 40 transactions closed in 2023 in the commercial real estate sector with a total investment volume €1.2 billion. Investment volume in 2023 was down 32% in comparison to 2022.
After an acquisition of complementary retail assets this year, Immofinanz is again expanding its retail portfolio in the Czech Republic with the acquisition of two properties from CPI Property Group S.A. This transaction is designed to strengthen the company's earning power and position on the attractive Czech retail market.
VGP to announce the establishment of a new 50:50 Joint Venture named “Saga” with Areim, an independent fund manager and property owner headquartered in Stockholm.
Flosman leases 8,000 sq m of warehouse and almost 600 sq m of office space in the CSPPark Planá NL project. The hall is planned to be operational in the third quarter of next year. Savills negotiated a pre-lease of warehouse space.
CTP has so far concluded lease deals with a total area of over 400,000 sqm for space in industrial properties in the Czech Republic in 2023, including more than 10 lease contracts for premises larger than 10,000 sqm.
Savills has appointed Ondřej Míček as Head of Industrial Agency for its Czech and Slovak operations effective December 2023. Since joining Savills as a consultant concentrating primarily on industrial space leasing, Ondřej has expanded his role to cover industrial sales, land acquisitions and data centres.
pbb Deutsche Pfandbriefbank has provided a €120mn investment loan facility to a Logistics Fund, managed by GLP Capital Partners. The fund will utilise the proceeds for the refinancing of the development of a logistics portfolio in the Czech Republic, Poland and Hungary. pbb acted as arranger and sole lender under the facility.
The total volume of investment in Czech commercial real estate amounted to €190 million in the third quarter of this year. This was a 48% decline quarter-on-quarter. Czech investors continue to be the most active buyers, accounting for a full 80% of all transactions in the Czech Republic this year.
S Immo AG today signed a contract for the acquisition of a portfolio totalling 11 properties from Czech Property Investments, a subsidiary of CPI Property Group, in the Czech Republic.
pbb Deutsche Pfandbriefbank has provided a €113mn investment loan facility to CTP, which will be drawn down in phases. CTP will utilise the proceeds for the refinancing of a logistics portfolio in the Czech Republic. pbb acted as arranger and sole lender under the facility.