Wednesday, 20 March 2019

Real Estate

Campus Square in Brno sold

The Prague Post |
20 March 2015

CBRE Global Investors has acquired Campus Square in Brno from the developer AIG for an undisclosed sum. The advisor on the deal was CBRE. Campus Square, which opened in November 2008, is a modern retail park located in Brno.

Stake in Palladium sold in record deal

The Prague Post |
9 March 2015

Union Investment Real Estate GmbH acquired of a majority shareholding stake in one of the most significant assets in the Czech market, the Palladium shopping center, from a company managed by the German investment manager Hannover Leasing, Pullach. Real estate consultancy CBRE advised Union Investment on the deal.

Colliers: Czech real estate deals jump 77% in 2014

Reuters |
6 March 2015

Czech real estate investment deals grew by 77% to 1.97 billion euros in 2014 and the volume of transactions will rise more in 2015, a Colliers International report showed on Thursday. The real estate services firm said 2014 was the second most successful year for the Czech market since the global financial crisis started, with the number of deals rising to 41 from 28. The industrial sector accounted for 38% of the volume of deals, followed by the office market and retail properties.

ČIA News survey: Raiffeisen – Leasing doing well in real estate

CIA News |
3 Mar 2015

Raiffeisen – Leasing funded deals worth CZK 4.3bn in 2014. According to a statement by director Alois Lanegger within the framework of a ČIANEWS survey, CZK 1.385bn of it was in real-estate leasing.

Planned Flower Building gets energy audit

The Prague Post |
26 February 2015

Developer Flow East released an environmental audit showing that their planned Flower Building has higher environmental standards than the existing occupant of the site at Václavské náměstí 47. But the planned building is not without controversy.

Riverview reaches full occupancy

The Prague Post |
24 February 2015

The Riverview office building in Prague 5 is now fully leased. It offers approximately 7,000 square meters of leasable space. The building is designed to secure at least LEED Gold certification, an environmental rating.

Retail will dominate the Czech market in 2015

The Prague Post |
10 February 2015

Large-scale investment is predicted in the retail sector where the finalization of three ongoing transactions worth €800 million is expected, according to real estate firm CBRE.

Office space growth highest since 2009

The Prague Post |
28 January 2015

Total modern office stock in Prague in the fourth quarter of 2014 grew above the 3 million square meters mark, according to the Prague Research Forum.

Developers planning to create new district on Prague's Rohanský ostrov

Radio Prague |
19 January 2015

Developers are planning to create a new district on the Prague island of Rohanský ostrov in the next 15 years.

Foreigners from former Soviet republics behind record high sales of flats in Prague

Radio Prague |
14 January 2015

Interest from foreigners is behind the record-high sales of new flats in Prague last year, the daily Hospodarské noviny reports. Last year developers sold close to 6,000 new flats in Prague, which is more than in the pre-crisis year of 2007.

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