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» Chronological View: " Czech Republic " «

JLL appoints David Vais to lead Industrial Agency in Prague

JLL has appointed David Vais as head of its Industrial Agency in the Czech Republic. Vais joins JLL from CTP Invest, where he worked for over 4 years as Senior Business Development Manager for the Czech and Slovak Republic.
Tuesday, 18. September 2018

Jana Vlková promoted to new Director of Business Development at Colliers International

Colliers International in Prague has promoted Jana Vlková to the position of Director of Business Development. She will focus on identifying and securing all types of business opportunities that Colliers Czech can offer to its clients. These services, to mention a few, will include and cover supporting Office Agency, Workplac...
Monday, 17. September 2018

CBRE appoints Tomáš Míček to its Asset Services Retail Department

CBRE has bolstered its AS Retail Department, adding Tomáš Míček in the position of Deputy Director in Asset Services Retail to the team. His task will be to lead teams in the individual shopping centres managed by CBRE. In addition to his main task in leading dedicated teams in the individual centres under CBRE’s management, ...
Monday, 10. September 2018

Martina Kučerová joins the Savills investment team as Senior Investment Consultant

Savills has appointed Martina Kučerová, a highly experienced real estate and constructional professional, as Senior Investment Consultant, based in Savills Prague office. Kučerová, who has 12 years’ experience in the real estate sector, will be working alongside Head of Investment, Stuart Jordan. She most recently worked as B...
Monday, 10. September 2018

Strong demand for industrial space continues

The Czech market of industrial commercial space faced strong demand also in the second quarter of this year, as is illustrated by very low vacancy rate, which remains below 4% since mid-2017, and currently stands at 3,7%, according to CBRE's latest industrial rental space market quarterly report. Net demand is driven mainly b...
Wednesday, 22. August 2018

European logistics yield falls below 6% for first time on record

The overall European logistics yield dropped 14 bps to 5.95% in Q2 2018, the first time it has fallen below 6% since Cushman & Wakefield began consistently tracking the three main property sectors in 1992, according to the firm’s DNA of Real Estate report. All logistics markets monitored in Germany, Italy and Sweden recorded ...
Tuesday, 21. August 2018

Colliers expands Czech operations with Threesixty acquisition

Colliers International has agreed to consolidate its business in the Czech Republic with the Threesixty Agency. The Threesixty partners Tewfik Sabongui and Petr Žalský will become equity partners of Colliers International, Czech Republic, with Tewfik Sabongui taking on the role of Managing Partner and Petr Žalský in the role...
Thursday, 16. August 2018

CBRE appoints Helena Hurábová as Head of Advisory & Transaction Office Services

CBRE has appointed Helena Hurábová as Head of Advisory & Transaction Office Services. She has been with CBRE for two decades and has completed many office real estate transactions. Hurábová is taking over the position of Head from Katarina Wojtusiak, who had been in charge of Advisory & Transaction Services since 2014 and had...
Wednesday, 8. August 2018

A new Radisson Blu for Prague

Radisson Hospitality AB has signed an agreement for a new Radisson Blu Hotel in Prague. The upper upscale branded hotel will complement our Park Inn Hotel Prague - a city that is consistently ranked as one of the top 10 destinations in the world.
Thursday, 26. July 2018

Tunstall expands its fund to eight further European countries

Tunstall Real Estate Asset Management has expanded the investment criteria for its debt fund DPO Fund 1, which was launched in July 2017 with capital to invest of up to €130 million. Originally the fund was focussed on the Netherlands, but will now consider opportunities with borrowers across Germany, Denmark, Sweden, Finland...
Monday, 23. July 2018

JLL secures the latest tenant of the ArtGen building in Prague 7

JLL's Office Agency, in cooperation with Cushman & Wakefield and the ArtGen developer - company PPF Real Estate, leased the last free office spaces in the ArtGen in Prague's Holešovice. The impressive ArtGen office building on the left bank of the Vltava River offers 23,000 sqm of office space and 2500 sqm of commercial space...
Tuesday, 17. July 2018

CBRE with two new appointments

CBRE has appointed Richard Day as a Senior Director to spearhead debt origination within the company’s London Capital Markets team, helping investment clients source and structure their debt requirements. In addition, Jan Janáček has been appointed Associate Director to further strengthen its Retail Agency team.
Monday, 16. July 2018

Skanska sells Visionary office building in Prague to CA Immo for about €68m

With the purchase of Visionary office building in Prague, CA Immo and Skanska have signed and closed the second transaction between the two companies in the CEE region in 2018. The gross transaction volume is approx. €68m. Visionary is an A-class office building, completed in April 2018, which has 23,000 sqm of gross leasable...
Wednesday, 4. July 2018

Lack of office supply will be the main driver of rental growth in Edinburgh

A lack of office supply in the face of consistent office demand will be the main driver of above-average rental growth in Edinburgh in the next two years, according to the European Office Rental Growth Hotspots 2018 report from JLL. The report identifies ten markets in Europe set to experience supply-led office rental growth ...
Tuesday, 3. July 2018

Shopping centers growth rate accelerates rapidly in 2017

The growth rate of rents in shopping centers accelerated rapidly recently, from 0.3% in 2016 to 5% in 2017, according to latest CBRE Shopping Centre Idex, which is compiled annualy by CBRE. Average store revenue went up by 8.6% - a 1.5 percentage point growth increase compared to 2016. Customer footfall as well as vacancy rat...
Tuesday, 3. July 2018

Fiscal and debt levels in CEE: the future will prove more challenging

The governments in the CEE region have made strong strides over the past few years when it comes to lowering their public debt levels. The gross public debt-to-GDP ratio for the CEE region as a whole declined from 53.9% in 2013 to 48.3% in 2017 – well below the Euro Area average of nearly 90%. Debt reduction was helped by bot...
Tuesday, 26. June 2018

Golden Star buys Prague's Explora Business Centre from Avestus

Avestus Capital Partners has completed the sale of the Explora Business Centre in Nové Butovice in Prague 5 to Golden Star Group for an undisclosed sum. The LEED-certified office building comprises eight above–ground floors and three underground levels with 327 parking spaces on 22,800 sqm. Colliers International and law firm...
Monday, 25. June 2018