News
Construction of Immopark Košice starting
Despite market stagnation, development company Erste Group Immorent continues to develop pan-European network of logistics parks under the brand Immopark. Construction of Immopark Košice project is…
RE/MAX CR: Sales worth 10 billion
Properties worth CZK 9.8 billion were sold through the real estate network RE/MAX Czech Republic last year. This is an annual increase of 1.7 billion. The network executed 8,712 transactions, meaning…
Hochtief Development has new confidential cleark
Jakub Mikolášek was appointed as new confidential clerk of Hochtief Development Czech Republic. He has been working in the company since 2007 – as project manager for Trianon office building and the…
Highest building in the world will be in Azerbaijan
Real estate company Avesta wants to build the highest building in the world on the system of artificial islands in the Caspian Sea. Avesta introduces its grand project on the website…
Orco has new residential project V Mezihoří
Orco plans to build 142 new flats at Prague´s Palmovka. The construction of the V Mezihoří Project is planned to be launched in April 2013, the property developer wants to complete it in spring 2014.…
Logistics: No supply in Ostrava region
Nearly zero supply of modern logistics halls for immediate lease has become reality in some parts of the Czech Republic. There was a strong interest in rents last year, however, construction of new…
Natland: Karel Týc new head of real estate projects
Natland Group has announced appointment of Karel Týc (43) to the position of Real Estate Director. He will be responsible for project management and real estate development throughout the…
Prague: record-breaking gross office rentals
Cumulative gross (i.e. new leases and renegotiations) volume of newly-leased office space in Prague in 2011 reached 325,564 sqm, which accounts for almost 52% increase over 2010. Eduard Forejt from…
MIPIM Awards 2012 finalists
The MIPIM Awards Jury met yesterday to select the finalists for the 2012 edition. This year's MIPIM Awards include new categories, offering a broader panorama of the most remarkable achievements in…
Eiffage Construction ČR in insolvency
Ostrava construction company Eiffage Construction Česká republika, formerly known as Tchas, has self-filed for insolvency. It is clear from the Insolvency Registry, the server ihned.cz has stated…
Prague: Preparations of new land use plan ends, works on Metropolitan plan to start
New management of the city of Prague will halt preparations of new land use plan in Prague and will start to work on the new so-called Metropolitan plan. According to Deputy Mayor Tomáš Hudeček (TOP…
Management changes at Metrostav Development
Metrostav has changed management in its subsidiary property development company Metrostav Development. There is a new CEO and Board Chairman in one as well as new Sales Director. It was confirmed by…
Jan Beránek will be in charge of Prague Investment Department
As expected, Jan Beránek will become Head of City Investment Department, which is in charge of large buildings in Prague. He will take office on 1st February. The Council selected Jan Teska as head…
HB Reavis sold Aupark Tower in Bratislava for EUR 85.6 million
HB Reavis Group has sold the office building Aupark Tower in Bratislava to Heitman European Property Partners IV for EUR 85.6 million. The transaction, concluded still in December 2011, valued the…
Germany: Country of honour at MIPIM 2012
For its 23rd edition, the World’s Property Market will place Germany centre stage. The presence of such leading German personalities as Joschka Fischer, the country’s former Foreign Minister, and…
