Friday, 16 November 2018

Real Estate

Average price of apartments increased by six percent in 2015

Radio Prague |
28 April 2016

The average price of apartments in the Czech Republic in 2015 increased by six percent on average year-on-year, according to a survey carried out by Deloitte.

Average mortgage rate falls below 2% for first time

Radio Prague |
21 April 2016

Average mortgage rates in the Czech Republic have reached a new record low. The figure in March was 1.97 percent, down from 2.02 percent the previous month, according to consultants Fincentrum, who have been monitoring the market since 2003 and do not take into account fixed-rate duration.

Prague apartment prices reach record high

Radio Prague |
21 April 2016

The average price of apartments sold in Prague grew by 8 percent year-on-year in the first quarter of 2016, according to figures compiled by a group of developers cited by the Czech News Agency.

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

Radio Prague |
14 April 2016

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

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

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

2016 investment volumes forecasted to surpass EUR 2.0 billion

E-shops are driving CE industrial market

The Prague Post |
24 February 2016

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

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

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.

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