Developer Central Group will sell almost 1,250 apartments for CZK 5bn in 2016. Sales will grow 25% y/y and revenues 40%. Board of directors chairman Dušan Kunovský has stated that the company is growing at a record rate, but the whole market is not experiencing a boom. Mr. Kunovský says that some 6,500 new apartments will be sold in Prague for CZK 30bn, up 5% y/y.

Source: www.cianews.cz