Significant movement in the Prague commercial real estate sector as CA Immo divests a major office building in the sought-after Holešovice district. This sale highlights ongoing investor interest and the demand for high-quality office space in the city.
Czech fulfillment company Mailstep is expanding its capacity, starting operations at a new distribution center in the VGP Park Ústí nad Labem City area at the beginning of this week. The new warehouse will allow the company to respond even better to the growing demand for outsourced warehousing and logistics. With an area of 18,700 square meters, Mailstep will increase its total warehouse capacity by approximately a third, to more than 58,000 square meters.
This year's ninth edition of the prestigious Office of the Year competition has its winners. They were selected by a professional jury of the competition consisting of leading experts in the office business and architects. The individual awards in a total of ten categories were received by the representatives of the winning projects on Thursday, June 5, 2025, as part of a gala evening at the Žofín Palace in Prague.
The Vlněna area in the center of Brno is once again expanding with new faces from the technology world. Four companies are moving into the modern offices of CTP, Europe's largest listed developer: Sanezoo, Avenga, Lifeliqe and Futured Apps. Together, these companies will occupy more than 2,500 m² of office space and bring with them not only new job opportunities, but above all, groundbreaking technological products and services that confirm the role of Brno and the Czech Republic as an ideal location for innovative global companies.
The Crestyl development group has won three prestigious awards at this year's CEEQA Awards 2025, one of the most important real estate events in Central and Eastern Europe. The Gamma Residence in Prague's Hagibor was awarded the best residential project of the year, the reconstruction of the Savarin Palace in the city center won the title of best retail project of the year, and the company itself was named a leader in the ESG field.
Discover how advancements in artificial intelligence and digital platforms are revolutionizing commercial real estate operations, leading to more efficient, sustainable, and tenant-friendly buildings.
The first quarter of 2025 was marked by extraordinary activity in the Czech commercial real estate market. According to Colliers, the total investment volume reached 1.48 billion euros, already surpassing the full-year results of 2023, which amounted to 1.15 billion. Several large transactions with a value exceeding 100 million euros contributed to this record.
The Czech office real estate market has long been struggling with a significant decline in interest from abroad. Since January 2021, over four years, there has not been a single acquisition of a large Prague office building by international capital.
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