PragueConnect.cz - Real Estate

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Colliers International: Industrial space vacancy down

The vacancy rate of industrial premises in the Czech Republic dropped to 5.7% in Q3 2015 from 6.9% in Q2 2015. This stems from the survey by Colliers International. There are totally 315,000 m2 of immediately available premises in the Czech Republic, mainly in Prageu region (118,000 m2). There ... more >>
 

P3 to launch the construction of new P3 Prague D11 park

PointPark Properties (P3) has signed an agreement with Exiteria for the construction of new tailored premises in P3 Prague D11. The area of the new industrial building will be more than 20,000 sq m. The premises are located northeast of the Prague centre and Exiteria will be the first tenant to... more >>
 

Colliers International Joins Czech Green Building Council

Colliers International announced that it is now a member of the Czech Green Building Council (CZGBC), a non-profit association encouraging the market, educational, and legislative conditions necessary to promote high performance construction that is both sustainable and profitable. more >>
 

GeddesKaňka wins 6 new projects in the past 6 months

In yet another sign that the economic crisis is finally slowing down, at least in the case of the real estate market in the Czech Republic, Managing Partner and co-owner Tomáš Kaňka announces that the firm GeddesKaňka, s.r.o. has been appointed as lead architects on 6 new projects in the past 6 ... more >>
 

Eleventh VENDO PARK opens its doors

TREI Real Estate GmbH, the real estate subsidiary of the Tengelmann Group, is today opening an additional retail store under the "VENDO PARK" brand in Vlašim, Czech Republic. more >>
 

Prologis Parks West of Prague on the Radar of Customers

Prologis, Inc., the global leader in industrial real estate, today announced that it has signed four lease agreements totalling 13,148 square metres at Prologis Park Prague-Airport and Prologis Park Prague-Rudná. more >>
 

Luka Residential to finish CZK 850m project in 2017

Luka Residential will complete the Luka Living Rental Apartments residential project in Prague by summer 2017. The lot buyout and interior equipment costs will total ca CZK 850m. Luka Residential’s director Tomáš Kašpar has told CIANEWS that the project will offer totally 215 apartments and ... more >>
 

Colliers Advises on Disposal of Louis Vuitton CEE Flagship Store

Colliers International today announced that it has successfully advised on the sale of the flagship Louis Vuitton store on Pařížská Street, which has been acquired by an investment fund advised by MINT Investments. more >>
 

TRIUVA completes sale of City Point building

TRIUVA, formerly IVG Institucionální Fondy, has completed the sale of the City Point office building in Prague covering approx. 8,000 sq m. The long-term tenants include O2 Czech Republic and AXA Pojišovna. The building will be administered by Mint Investments. The estimated price of the ... more >>
 

Interview with Serge Borenstein, CEO, Karlin Group

I was excited to meet Mr. Serge Borenstein, CEO of Karlín Group and the man who is primarily associated with the successful and innovative development of more than 400, 000 sq meters of Prague quarter Karlín. I belong to the generation that remembers how Karlín used to look shortly before the ... more >>
 

Skanska sells Corso Court to Invesco Real Estate

Skanska Property Czech Republic has sold the Corso Court office project in Prague 8-Karlín to the fund led by property manager Invesco Real Estate. The developer has informed that the project is fully leased to Skanska and Expedia. Both companies will move to the premises later this year. The ... more >>
 

Real estate fund, NOVA Real Estate, acquired the Bluehouse Capital real estate portfolio

Newly established Czech real estate fund, NOVA Real Estate, managed by investment company REDSIDE, has successfully completed the acquisition of a real estate portfolio from Bluehouse Capital. The subject of the sale were three commercial properties in Jablonec nad Nisou, Hradec Kralove and ... more >>
 

What’s driving the property boom?

The current mentality regarding real estate similar to someone looking for a new car -  We can describe the situation with a quick story comparing consumers’ mentality three years ago to today. more >>
 

Chapman Taylor to Redesign Passenger Areas at Vaclav Havel Airport Prague

Chapman Taylor, a leading international practice of architects, have been selected following a two-stage design competition by Czech Aeroholding a.s. to provide consultancy services for Prague’s Vaclav Havel Airport. more >>
 

Interview with Brent Watkins - Svoboda Williams Investment Management (SWIM)

The Canadian Brent Watkins established Svoboda Williams Investment Management (SWIM) with Prokop Svoboda, the co-owner of the SVOBODA & WILLIAMS real estate agency, at the beginning of this year with an eye toward helping a particular group of people. more >>
 

9 staggering truths about property rental laws

If you are either a tenant or a landlord in Czech Republic, here are some little-known facts about the new Civil Code governing rental contracts which came into effect from 01/2014.  more >>
 

Renting a flat in Prague

Prague is one of the most wonderful Cities in Europe and attracts every year a lot of young people from all around the world to move here - if you plan moving to Prague, here a little guide to help you understand the local real estate market a bit better. more >>
 

Skanska Reality buys former sugar refinery lot

Skanska Reality has acquired the unused lot of the former Modrany sugar refinery in Prague 12. Neocity was the lot’s original owner. The brownfield is sized totally ca. 8 ha. Skanska Reality’s general director Naďa Ptáčková has stated that the company will attempt to give the territorial a new ... more >>
 

Preliminary Industrial Market Figures for Q2 2015

The Industrial Research Forum was established by CBRE, Colliers, DTZ and JLL with its aim to provide clients with consistent, accurate and transparent data about the Czech Republic industrial real estate market. more >>
 

New Acquisition Strengthens Prologis’ Position Around Czech Capital

Prologis, Inc., the global leader in industrial real estate, today announced it has acquired a distribution facility, comprising 28,000 square metres of leasable space, together with 14 hectares of surrounding development land known as Westgate Park Rudna from Europa Capital. more >>
 
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