Thursday, 19 April 2018

Real Estate

Prague seeing shortage of flats on real estate market, says financial daily

Radio Prague |
14 April 2016
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The Czech Republic is facing a shortage of flats on the real estate market, according to financial daily Hospodářské noviny.

More and more buyers interested in investing in pre-fab flats, business daily reports

Radio Prague |
30 March 2016
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More and more Czechs are investing in prefabricated flats in Prague as second apartments to let, financial daily Hospodářské noviny reports.

High public interest pushes deadline for 'missing statue' design

Prague Connect |
16 March 2016
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Flow East, the Anglo-Czech property developer and heritage campaigner, today announced that it has extend the deadline for submissions to the design competition for the missing statue on the “Císařské schodiště” (imperial staircase) of The Forum building at Wenceslas Square 19. Designs will now be accepted through 30 April due to high public interest.

Q4 2015 busiest quarter on record for Prague Office Market

Prague Connect |
10 March 2016
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2016 investment volumes forecasted to surpass EUR 2.0 billion

E-shops are driving CE industrial market

The Prague Post |
24 February 2016
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Almost 20 million square meters of modern industrial leasehold are currently available in central Europe. So strong is the interest on behalf of occupiers that the share of available space has dropped to a historical low of 5.7 percent. To compare – the share of available office spaces is double that amount, at 12 percent.

Older offices may be back in demand

The Prague Post |
19 February 2016
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The year 2015 saw high demand for modern office buildings. Of the total take-up amounting to 447,000 square meters, 90 percent represented the demand for class A buildings. Currently, there is more than 3.2 million square meters of office space on the market, of which 69.5 percent are class A offices, according to data from Colliers International.

Czech real estate prices rise with worries growing about affordability

Radio Prague |
18 February 2016
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After years of decline, the Czech Republic's real estate market is experiencing a boom. Prices of apartments in the Czech Republic are currently being sold for the highest price within the last five years, the daily e15 reported on Wednesday.

Corso Court opens in Karlín

The Prague Post |
12 February 2016
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The Corso Court office building opened Feb. 10 in Prague's Karlín business district. The new office center is LEED Platinum certified and fully rented.

Popular Prague department store bought by former banker

Radio Prague |
10 February 2016
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Real estate magnate and former banker Václav Skala has bought Kotva, an icon among Prague department stores which first opened some 36 years ago when then-Czechoslovakia was behind the Iron Curtain. The price of the deal? Around two billion crowns.

You can buy a Czech castle for USD 13,000

Bloomberg |
4 February 2016
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The Libějovice chateau looks like something out of a 19th century romantic novel: an elegant, mustard-hued Renaissance palace with tall windows and elaborate balcony railings bearing the noble Schwarzenberg family's coat of arms. Natalia Makovik will sell it to you for less than the price of some Manhattan studio apartments.
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