Tuesday, 3 January 2017

Real Estate

Skanska sells Corso Court to Invesco Real Estate

CIA News |
3 Nov 2015

Skanska Property Czech Republic has sold the Corso Court office project in Prague 8-Karlín to the fund led by property manager Invesco Real Estate.

Construction of new shopping and office complex in Prague 7 appears set to resume

Radio Prague |
22 October 2015

Construction workers this week returned to a plot of land in Prague 7 where a new shopping mall and office complex could stand in as little as 18 months. The question is how soon they will move beyond basement levels.

Plans announced for Zlatý lihovar site

The Prague Post |
8 October 2015

A former distillery site in Prague's Smíchov district is going to be renovated into a mixed house housing and commercial district, with some significant historical features preserved.

Czech Republic leads CEE in corporate real estate investment

The Prague Post |
8 October 2015

Corporate real estate (CRE) investment within Central and Eastern Europe (CEE) increased in Q3 to a record € 5.3 billion, with total yearly volume up 6 percent according to the most recent report on CEE property investment from CBRE.

NOVA Real Estate acquired the Bluehouse Capital real estate portfolio

Prague Connect |
7 October 2015

Newly established Czech real estate fund, NOVA Real Estate, managed by investment company REDSIDE, has successfully completed the acquisition of a real estate portfolio from Bluehouse Capital. The subject of the sale were three commercial properties in Jablonec nad Nisou, Hradec Králové and Znojmo.

Centrum Chodov to be expanded

The Prague Post |
25 September 2015

Prague shopping mall Centrum Chodov will be expanded in size by more than a third to 100,286 square meters from its current 61,000 sqm. The expansion should be finished by fall 2017, making it one of the Czech Republic's largest malls, investor Unibail-Rodamco stated.

What's driving the property boom?

Prague TV |
23 September 2015

The current mentality regarding real estate similar to someone looking for a new car.

MfD: Rich Azeris buying luxury property in Prague

ČTK |
21 Sep 2015

Not only Russians, but also an increasing number of Azeris are buying luxury property for tens of million crowns in Prague which they consider a safe haven for their money, daily Mlada fronta Dnes (MfD) writes Friday.

Copyright 2015 by the Czech News Agency (ČTK). All rights reserved.
Copying, dissemination or other publication of this article or parts thereof without the prior written consent of ČTK is expressly forbidden. The Prague Daily Monitor is not responsible for its content.

Flow East takes further action on Savarin Palace sale

The Prague Post |
11 August 2015

The legal case between Flow East on one hand and developer Ballymore and Ireland's National Asset Management Agency (NAMA) has now escalated. Flow East claims it offered EUR 7 million more for the Savarin Palace building than the rival bidder Crestyl Developments. Flow East says its bid was EUR 87 million.

Massive Ostrava property portfolio heads into British hands

Radio Prague |
7 August 2015

A British-based real estate company has bought out one of the Czech Republic’s biggest private owners of flats and property.

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