News
IBM Slovakia heading to Apollo Business Center II
The representatives of IBM Slovakia and property developer HB Reavis Slovakia signed a lease contract for office space at Bratislava´s Apollo Business Center II. The contract contains lease of 8.500…
Bárta: Under current budget, motorways will be completed first in a hundred years
Vít Bárta, the Transport Minister, informed ministers at the government meeting on the current status of transport infrastructure construction. At a press conference after the government meeting,…
ECM REI deepened loss at half year
The property developer ECM Real Estates Investments deepened their loss to EUR 41,1 mill. (approx. CZK 1,03 bill.) in the first six months. In the same period last year the company was at a loss of…
Bratislava: office market reviving
Office space lease market in Bratislava is slowly reviving. At the end of the second quarter the area reached 1,37 million sqm. The data by property consultancy CB Richard Ellis (CBRE) show that the…
Immorent started new offices in Prague 5
Property developer Immorent ČR started construction of a new office building at Prague´s Smíchov. Offices with a total floor area of 7.620 sqm are expected to be built in approximately a year.…
Czech Republic: trust slowly returning to retailers
Only 117.000 square metres of area will be added to the Czech retail this year. In the second half of this year the largest new project – shopping centre Galerie Harfa – will be open as well as the…
Slovak-Polish company planning waterpark construction
Slovak-Polish company named Vodný park Stará Ves – Sromowce Wyžne is preparing construction of a new waterpark at Spišská Stará Ves on the Polish border. The waterpark will be built on the area of…
Orco without loss in the second quarter
The property developer Orco probably recovered from loss in this year´s second quarter. Their net profit for this period, according to analysts' estimates, was around EUR 66 mill., i.e. approximately…
E15: CA Immo bought Europolis
The property development and investment company Europolis, the owner of a number of commercial properties in the Czech Republic, changed its owner. The former Volksbank real estate division was…
Ivan Karfík strengthened the DLA Piper team
The international law office DLA Piper team has been expanded by Ivan Karfík, 36, who will be working for the Prague office in the real estate group. Before joining DLA Piper, he participated in…
Slovak construction output grew less than the EU
The seasonally adjusted construction output of Slovak construction companies grew month-on-month by 1,3 % in June, according to Eurostat, whereas it increased by 2,7 % in the Eurozone. The…
Ondřej Fukal - member of RICS
Ondřej Fukal, 42, from Cushman & Wakefield became an expert member of the Royal Institution of Chartered Surveyors (RICS). Fukal came to Cushman & Wakefield in 2006, he leads the property management…
HN: Develon planning a shopping park in Čestlice
The property developer Develon intends to build a shopping park in Prague´s Čestlice costing more than CZK 800 mill. Its operation is scheduled to start at the end of 2012 – Hospodářské noviny (HN)…
Kaplický´s Mantaray in 2014 already?
The architect Eva Jiřičná started to work on documentation for a mantaray-shaped concert hall designed by the deceased architect Jan Kaplický for the city of České Budějovice. The Ema Destinnová…
JLLS: E. Forejt and T. Sabongui promoted
The Czech Jones Lang LaSalle branch announced new promotions. The company executive director, Tewfik Sabongui, has been promoted to regional director, however, he will continue to act as the…
