News
Skanska sells City Green Court in Prague for EUR 53.7 million
Skanska sells City Green Court in Prague to Deka Immobilien for EUR 53.7 million. The transaction will be recorded in the second quarter 2012 and transfer is scheduled to the fourth quarter…
Orco has sold Radio Free Europe building
A subsidiary of the developer Orco Property Group has sold the building of Radio Free Europe / Radio Liberty in Prague to the American company L88 for USD 94 million (about EUR 1.9 billion). L88 has…
C&W expanding its investment team
Ivo Suchomel (28) has become a new member of the investment department at Cushman & Wakefield. He joins the company in the position of investment advisor and will be responsible for advising clients…
Dutch company Stable to operate first Slovak outlet centre
The Dutch company Stable will operate Slovak outlet centre D1 Outlet City near Senec. In the decision-making process, Stable benefited from their experience with similar projects, according to Mr…
Amesbury want to build stadium and department store in Pilsen
Property developer Amesbury, constructor and owner of two industrial zones in Pilsen, wants to build a multi-purpose sports hall for 8,000 people and a department store between Skvrňany and Křimice.…
Prologis Announces New Development in Slovakia
Prologis today announced commencement of construction on a 47,000 square metre development at Prologis Park Bratislava. Prologis Park Bratislava (DC7) will be developed in two phases. Construction of…
Futurum Hradec has expanded by 40%
Shopping centre Futurum in Hradec Králové has expanded its retail space by 40% to 35,000 sqm in a completion lasting a year costing CZK 400 million. The number of shops increased from 68 to 110.…
No new offices in Bratislava at the beginning of the year
In the first three months of this year, there were no additions to the Bratislava office market. The total area of offices thus remained at 1.449 million sqm. However, by the end of the year, there…
Construction of Fontana shopping centre starting in Teplice
The Fontana shopping centre will start to arise in the centre of Teplice in the coming months. The project investor – property developer JTH – has completed the construction pit, and at the same time…
Main Point Karlin has obtained LEED PLATINUM
At this year´s MIPIM, the award-winning office building Main Point Karlin received green certification LEED PLATINUM from the U.S. Green Building Council (USGBC). Main Point Karlin, whose investor is…
Central Group reduces registered capital
Central Group has significantly reduced its registered capital. Until now it has been CZK 2.7 billion, the new company will have registered capital of only CZK 290 million. Dušan Kunovský, its…
Slovakia: Real estate prices continued to fall at the beginning of the year
Residential property prices in Slovakia continue to decline. The average price per square metre of residential property reached EUR 1,235 in this year´s first quarter, which is a decrease of 0.1%…
Trigema achieved a record profit
According to the audit verified data, Trigema holding reported a consolidated turnover of 1.02 billion CZK in 2011 – a y-o-y increase of 27%. Profit after tax was CZK 93 million – a record in…
CPI: Record financial results
According to economic results of CPI, whose audit was done for the first time by KPMG, the value of the group´s assets increased by 43.7% to a total of CZK 57.2 billion of which 46.5 billion are real…
I. Jílková heading to Penta
Iveta Jílková has joined real estate division of Penta as project consultant. She will be responsible for marketing and leasing of development projects, such as Florentinum office project in Prague 1…
