Sunday, 22 October 2017

Real Estate

Palladium transaction reaffirms Prague as region's top investment destination

Radio Prague |
12 December 2014

The Czech Republic's most lucrative shopping mall, Palladium, is about to change hands in what some have dubbed the deal of the year on the country's commercial property market. The German fund Union Investment is to pay 565 million euro for the mall, located in central Prague, according to the daily Hospodářské noviny.

Czech Republic saw most industrial investment

The Prague Post |
5 December 2014

While Czech industrial property developers invested their energy primarily in buying and selling their portfolios this year, Poland's developers focused on building new stock instead. As a result, the Czech Republic has the highest share in this year's investment in industrial property in central Europe (January to September 2014).

Commerzbank sells Millennium Tower to PPF

Property Magazine International |
3 December 2014

PPF Real Estate Holding has purchased the property Millennium Tower located at Weena 686 in Rotterdam from Commerzbank for an amount of approx. EUR 47.5 million.

Nová Palmovka to be new hub for Prague 8

The Prague Post |
19 November 2014

Retail space is 99 percent pre-leased more than one year before the opening of the mixed-use center

AFI Palác shopping center in Pardubice sold

Radio Prague |
14 November 2014

Atrium European Real Estate Limited, an owner, operator and developer of shopping centers and retail real estate in Central and Eastern Europe, announces that it has acquired the AFI Palác shopping centre in Pardubice, Czech Republic, from AFI Europe N.V. for €83 million. The acquisition is financed using existing cash resources.

CBRE: Interest in north Bohemia is growing

The Prague Post |
6 November 2014

There is growth in investment activity on the Czech real estate market in the Ústí nad Labem Region, according to real estate service firm CBRE.

Quadrio to open at 11:11 on Oct. 31

The Prague Post |
31 October 2014

The Quadrio building complex at Národní třída will finally open at 11:11 a.m. on Oct. 31. when Prague 1 Mayor Oldřich Lomecký and representatives of developer CPI Property cut the ceremonial ribbon. The complex will have 66 shops on four floors, in addition to offices and apartments.

Skanska sells office project in Prague

Business Wire |
23 October 2014

Skanska Property Czech Republic sells its office development Riverview in Prague, Czech Republic, to a fund managed by the global investment manager, Invesco Real Estate. The value of the transaction amounts to EUR 20 M, about SEK 184 M. The sale will be recorded in the fourth quarter 2014 and hand-over of the property is scheduled for the second quarter 2015.

Expert: The commercial market will face higher vacancy rates

The Prague Post |
6 October 2014

In the next year, the vacancy rate in Prague will total up to 15 percent

HN: Citizens of former Soviet Union investing heavily in Prague flats

Radio Prague |
2 October 2014

Citizens of the former Soviet Union, in particular Russians, are buying up significant numbers of flats in new apartment complexes in Prague, Hospodářské noviny reported on Wednesday.

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