Monday, 24 February 2020

Real Estate

Private apartment rather than a hotel - different tourist experience

Flat in Prague |
23 Dec 2014

FLAT IN PRAGUE is offering an attractive alternative to hotel stays. Staying in one of the spacious apartments is often much more cost-effective than booking a cramped room in an overpriced hotel.

Prague has second-lowest office rents in CEE

The Prague Post |
15 December 2014

The standard of office buildings is improving, with a growth in the demand for quality office space in city centers in particular, and landlords are currently offering very good leasing conditions, real estate services firm CBRE said.

Na Příkopě ranks 27th on most expensive shopping street list

The Prague Post |
12 December 2014

New York's Upper Fifth Avenue has overtaken Hong Kong's Causeway Bay (€23,307 sqm/year) as the world's most expensive shopping destination, according to global real estate adviser Cushman & Wakefield's flagship retail research report.

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.

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