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Articles - Real estate

The construction law raises concerns. According to him, he will start to allow himself in July

Construction companies and developers look forward to this date with great uncertainty. From July 1 this year, building authorities will decide on all constructions according to the new building act. Although it came into effect at the beginning of the year for infrastructure and transport constructions, according to him, all other constructions, including large development projects, will also be assessed in the summer.

CPI Property Group: The reconstructed First Republic Palace Bubenská 1 has been approved

The more than a billion-dollar reconstruction of the functionalist building known as the Palace of Electrical Enterprises is almost complete. The unique building in Prague's Holešovice, which was originally completed in 1937, was successfully approved. Marketing, advertising and PR agencies, which are part of the multinational company WPP, will soon move into the renovated office space. The company, which will occupy almost 2/3 of the building, is now starting to prepare and implement its future offices. The Bubenská 1 project is one of the largest and most technically demanding reconstructions of a listed building in Prague.

Savills becomes the exclusive manager of the Prague office portfolio of IMMOFINANZ

With effect from January 2021, IMMOFINANZ has entrusted the international real estate consulting company Savills with the exclusive management of its portfolio of seven office buildings in Prague. The total floor area of the assets is approximately 123,000 square meters.

Colliers predicts a strong recovery in demand for a flexible European workspace following a slowdown due to a pandemic

According to the latest Flex Forward report from global real estate consultant Colliers International, European markets with a low level of existing flexible workspace saw the largest increase in new flexible operations in the first half of 2020.

The largest development project in Prague is starting. A new district with a kilometer-long boulevard will be built in Smíchov

The former freight station in Smíchov is starting to change. Practically in the center of Prague, a new "city within a city" is to be built within 12 years, which will include apartments, offices, retail space, and public spaces, including a kilometer-long pedestrian boulevard. The plans also include two parks, each the size of the Old Town Square. This is currently the largest development project in Prague.

5 SMART HOME DEVICES

Smart devices allow us stay connected and updated on what is happening around the world, and help us keep up with our fast-paced lives. Great gadgets are being manufactured to help achieve a particular task faster and easier than ever before. Here we present some of the new technology devices, important for you and your home.

Domestic investors to be the most active players in the Hungarian real estate markets

According to CBRE Investment Breakfast Intentions Survey the vast majority of investors expect more than EUR 1 billion of investments in the Hungarian commercial real estate markets in 2016. Participants at CBRE Investment Breakfast hold on 5th Aprils 2016 were much more confident that in 2016 the Hungarian investment volume will increase further than they were last year.

Retail market growing in CEE region

Renewed confidence from developers has led to new retail construction

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