Monday, 13 August 2018
Business | Real Estate | Reuters

A reported plan by Chinese conglomerate CEFC China Energy to sell its global real estate portfolio does not include assets in the Czech Republic, a spokesman for the Czech-based unit CEFC Europe said.

Prague | Real Estate | Prague TV

Land needed for the rebuilding of the area around Masarykovo nádraží has been turned over to a subsidiary of investment group Penta, according to information in the Land Registry. The site is bordered by the railway tracks, the highway and Hybernská Street. The land, which now serves as a parking lot mainly for postal vehicles, was bought by Penta group from Czech Railways. The lot was previously merged into one piece, including a purchase of land from the Czech Post Office.

Business | Real Estate | Prague Connect

Ian Bryan Architects (IBA), one of the Czech Republic's leading international architectural practices marks its 20th anniversary this year. The firm is headed up by the architects Ian Bryan and Eduard Trembulak.

Business | Real Estate | Prague Connect

A rally in investment flows in the fourth quarter of over €1 billion meant the Czech Republic saw total investment volume of €3.73 billion in 2017. This made it the second strongest year in the market's history, according to the latest research from global property advisers Colliers International.

Business | Real Estate | Prague TV

The largest number of housing starts in 2017 in the Czech Republic was in the Central Bohemia region. This goes along with a trend of suburbanization that has been going on since the 1990s, according to the Czech Statistical Office (ČSÚ). Prague was in second place for housing starts.

Business | Real Estate | Radio Prague

The offer of industrial real estate is expected to increase by around 10 percent compared to 2017 while demand is expected to rise by 8.3 percent. The figures stem from a study by CEEC Research which sounded out around 40 companies. Most of the interest in new industrial property comes from foreign based firms.

Business | Real Estate | Radio Prague

Over a thousand new apartments are to be built on a former industrial site in the Prague district of Vysočany, E15 reported on Monday. Factory halls of the collapsed firm ČKD DIZ are to be demolished to make way for the construction project, which is the biggest yet from billionaire developer Milan Šrejber and his Pankrác development company, the newspaper said.

Business | Real Estate | Radio Prague

The average price rise for new flat in the Czech capital Prague rose last year by around 19.1 percent to reach around 85,223 crowns per square metre, according to a group of the leading developers and builders of new flats in the city.