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» Chronological View: " Czech Republic " «

Vaclav Jonas takes over as Managing Director of CA Immo Czech Republic

Vaclav Jonas has been appointed Managing Director of the Prague office and is thus responsible for all asset and property management activities of CA Immo, including tenant support and retention. Jonas will be supported by Jan Baxa, who took over the role of Head of Asset Management in the country from April 2018, and Radek P...
Tuesday, 17. April 2018

Industrial space take-up reaches 181,900 sqm

According to the Industrial Research Forum, in Q1 2018, industrial space totalling 181,900 sq m was completed within 13 industrial parks across the Czech Republic. Major completions include a distribution warehouse for Makro at CTPark Prague North totalling 53,000 sq m, an extension of an existing building (31,900 sq m) in Pa...
Wednesday, 11. April 2018

Meyer Bergman sells Czech Futurum shopping centre to CPI Property Group

Meyer Bergman has sold the Futurum shopping centre in the Czech city of Hradec Králové to CPI Property Group. Meyer Bergman acted on behalf of its second value-add fund Meyer Bergman European Retail Partners II. The company purchased the 39,000 sqm shopping centre from a trio of investors in late 2014 . Futurum, located in Hr...
Tuesday, 10. April 2018

Glyn Evans to lead Cushman & Wakefield's Design & Build services in CEE

Cushman & Wakefield is expanding its Project & Development Services (PDS) team, to include a new Design & Build platform. In Central and Eastern Europe (CEE), the new service will be headed by Glyn Evans, based in Prague. Evans, who will also lead PDS within the Czech Republic, will be joined by experienced architect Marie Vl...
Tuesday, 10. April 2018

Available apartments are becoming scarce in Prague

New projects are building up slowly, the number of commenced constructions are declining and high demand remains. At the end of last year, approximately 8,100 units were under construction in Prague. This is the lowest result since 2014. The total number of completions reached 6,176 apartments which is 5% below 2016 levels. 2...
Thursday, 29. March 2018

John Newton appoints as Managing Director of Tétris Design & Build at JLL

JLL has appointed John Newton to lead its Tétris Design and Build interior fit-out business in the Czech Republic, effective from April 2018. Based in Prague, he will oversee a team of workplace designers, architects, project and construction management experts, serving domestic and international clients across all real esta...
Monday, 26. March 2018

JLL finished 5 projects in Stará Celnice Building in Prague

Invesco Real Estate has had 5 projects in Stará Celnice Building at V Celnici street close to Náměstí Republiky refurbished by JLL Project & Development department led by Pavel Kašík. The real estate advisor completed the 4 reconstructions of lettable space for companies Redside, Seven, ASB, Allen Overy and also a renovation ...
Friday, 16. March 2018

Savills strengthened leasing team

Savills has appointed Petr Florián as a senior office agent within its Czech Republic office acency team. Petr joins from CBRE, where he worked for five years as an office consultant, responsible for business development, tenant & landlord representation and consultancy services for the Prague office market. Prior to CBRE, Pe...
Thursday, 8. March 2018

HB Reavis appointed new top leadership

HB Reavis appointed a new leadership: Marian Herman has become the new Chief Executive of HB Reavis Group with immediate effect. Herman moves into the role from his position as Group Chief Financial Officer and Board Member of HB Reavis. He has been with the company for more than eight years.
Thursday, 8. March 2018

Jan Muhlfeit joined CBRE as Advisory Board Member

CBRE has appointed Jan Mühlfeit as an Advisory Board Member. The newly appointed Advisory Board Member Jan Mühlfeit will bring to CBRE experience from his 22 year career at Microsoft, where he was Chairman of Europe. His CBRE role will be to advise the management board on how to manage the growth of their business from his cu...
Tuesday, 6. March 2018

Tristan fund sells Prague office to Amundi

Curzon Capital Partners III (CCP III), a core plus Fund advised by Tristan Capital Partners, has completed a €64 million sale of Praha City Center office to Amundi Asset Management. Built in 1997, the asset comprises 17,638 sqm of space, including 15,447 sqm of office and 2,191 sqm of retail located on the ground floor. Praha...
Tuesday, 27. February 2018

Industrial property market dominated by landlords

Available space on the industrial property market in the Czech Republic decreased and it makes the situation for occupiers in seek of premises more complicated. Potential tenants have to put up with longer terms of project realization in new warehouse spaces. The Czech industrial property market has changed from a market of t...
Thursday, 22. February 2018

International Campus expands in CEE

International Campus AG is continuing its growth in Europe and expanding into the Czech Republic. In a joint venture with the Czech developer Karlín Group, International Campus has acquired a development in the Holešovice district of Prague with 529 high-quality apartments for students. It has been agreed not to disclose the ...
Tuesday, 20. February 2018

Prague´s modern office stock grows

The fourth quarter of 2017 was very strong for the office real estate market in Prague and closed the year with significant results. New office supply reached 136,000 sq m at the end of Q4 and the total modern office stock in Prague increased to 3,342,000 sq m. In Q4 2017, five new office buildings totalling 70,400 sq m were ...
Wednesday, 14. February 2018

Atrium sells 19 assets for €70 million

Atrium European Real Estate Limited has sold 18 assets in Hungary and one in the Czech Republic for a combined price of €70 million, representing an 8% premium to the book value as at 30 September 2017. The disposals form part of the company's ongoing strategy to improve its portfolio through the selective rotation of capital...
Monday, 12. February 2018

M7 completes sale of Oregon House

M7 Real Estate Ltd has completed the sale of Oregon House in Prague on behalf of M7 Central European Real Estate Fund I to BHS German Real Estate Fund.
Wednesday, 7. February 2018