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Colliers highlights importance of new D8 road opening for logistics real estate

Colliers International today issued a report that highlights the advantages of the impending opening of the last section of the D8 highway – the final piece of the puzzle of only the second complete highway in the country that will connect Prague with Germany and in turn make the Ústí nad Labem ... more >>
 

Water prices likely to increase

The price of water and sewerage in Prague may go up by 2.97 percent next year. Residents would pay Kč 87.71 per cubic meter, up from the current Kč 85.18. Water would increase to Kč 48.74 per cubic meter, up about Kč 2 and sewerage would cost Kč 38.97 per cubic meter, up about 50 hellers (half ... more >>
 

Kaplický building may come to Štvanice

Prague may have a new concert hall on Štvanice island in the Vltava river based on a design by Czech-born architect Jan Kaplický, who died in 2009. Construction of the Stingray (Rejnok) would cost between Kč 1.5 billion to Kč 2 billion and would take until 2022, according to City Councilor Jan ... more >>
 

Prague plans for climate change

Prague has published a draft strategy on adapting to climate change. The study, made in cooperation with the Institute for Planning and Development (IPR), looks at water management, greening of streets and creation of environmentally friendly buildings. more >>
 

City plans new low-cost housing

Prague has a shortage of housing for teachers, police officers, young people and the homeless. Constructing new low-cost housing could cost up to Kč 4 billion crowns. The addition of new flats could cause a drop in the price of apartments in Prague. more >>
 

Tallest residential building rising in Pankrác

The country's tallest residential building is rising in Prague's Pankrác plateau. The V Tower will reach 30 stories, and its V-shaped framework should be finished by the end of the year. The 104-meter-wall structure should be completed by February 2018. more >>
 

Na Příkopě remains Prague's most expensive street

Prague's Na Příkopě street ranked as the 23rd most expensive shopping street in the world, up two spots from the previous year. The most expensive street in the world was the upper part of Fifth Avenue in New York City, followed by Hong Kong's Causeway Bay. Rental prices on those two streets ... more >>
 

Vítkov Hill to be revitalized

Prague has plans to revitalize Vítkov Hill with new paths, an observation deck, a promenade and an amphitheater. A rail station and an elevator are also possibilities, bit less certain. Prague is currently studying the possibilities, and the plans are being presented to Prague 3 and Prague 8 ... more >>
 

Prague may introduce toll in city center

Prague is looking at ways to reduce traffic in the city center. Options that could reduce traffic include tolls or fees for driving in the center, and a ban on older vehicles. There is also decreasing interest among young people in owning a car. The toll, which could be introduced sometime ... more >>
 

Colliers International Czech Office Launches Workplace Solutions Consultancy

Colliers International today launched its Workplace Solutions consultancy in the Czech Republic after having been met with success on other global markets for over 10 years. more >>
 

No new houses can be built near Vodochody Airport

New houses can no longer be built in the vicinity of Vodochody Airport, a privately owned facility in the Prague East district. The Czech Civil Aviation Authority has established a noise protection zone around the existing runways and infrastructure. more >>
 

Vítězné náměstí to be redesigned

An international design competition is being called for changes to Vítězné náměstí in Prague 6. The competition will be overseen by a working group of politicians and architects. The square in not unified in its current form and is burdened with high traffic. more >>
 

Refixace offers mortgage services for expats

Getting a mortgage can be tricky, especially for expats. The company Refixace has independent mortgage brokers that cooperate with Czech banks. They are independent specialists who compare and arrange mortgages with 15 different banks to find the optimal solution for clients. more >>
 

Prologis Park Prague-Rudná Filling Up Fast

Prologis, Inc., the global leader in logistics real estate, today announced that it has signed three lease agreements totalling 6,901 square metres and will deliver a new 4,290 square metre distribution facility, of which 3,680 square metres will be fully customised for existing customer Sacorp ... more >>
 

Sony DADC Expands Operations at Prologis Park Pilsen-Štěnovice

Prologis, Inc., the global leader in logistics real estate, today announced that it has signed two lease agreements with Sony DADC, a leading disc and digital solution provider for the entertainment, education and information industries, totalling 20,450 square metres at Prologis Park ... more >>
 

Koněvova and Husitská streets to be renovated

One of the major thoroughfares in Prague's Žižkov district, Husitská and Koněvova streets, is set for renovation in the spring of 2017. The Prague 3 Town Hall wants to renovate the two contiguous streets as soon as possible, but an opposition group want to make zoning before construction starts... more >>
 

New public space to be built at Hradčanská

The run down area in Dejvice in Prague 6 is being transformed. Next year it will have a permanent market with cafes and bars. There are currently three proposals for the area. more >>
 

Colliers International Strengthens Czech Team

Colliers International today announced two new appointments to its Czech team. Mark Robinson joins Colliers as a CEE Research Specialist, and Tomas Szilagyi as a Senior Associate, Investment Services. more >>
 

Full Occupancy of Prologis Park Prague-Airport Leads to New Speculative Facility

Prologis, Inc., the global leader in logistics real estate, today announced that it has begun development of a 11,720 square metre speculative distribution facility at Prologis Park Prague-Airport in response to high customer demand, which has resulted in the park’s 100 percent occupancy. more >>
 

Prague.TV improves its real estate section with Realko

Prague.TV has upgraded its real estate listings section by implementing the Realko Software platform. It is the most widely used platform of its kind in Prague the Czech Republic, with 300 real estate agencies. more >>
 
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