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Flow East sets legal dogs loose to save Květinový dům

Flow East, the UK-owned company that for the last nine years has been trying to develop the Květinový dům office and retail project on the corner of Wenceslas Square and Opletalova in Prague, has responded to the latest attempt to block the scheme with a lawsuit.

CEE region’s top manufacturers recognised for Manufacturing Excellence in Warsaw

CEO Manufacturing Magazine and EuropaProperty would like to thank all those that attended the 2nd annual CEE Manufacturing Excellence Awards held last night in Warsaw’s Intercontinental Hotel.

Skanska sells Balabenka to CIB Group

CZECH REPUBLIC Skanska Property Czech Republic has sold its Balabenka office building in Libeň (Prague 9) to CIB Group.

Immorent breaks ground on Enterprise

Erste Group Immorent laid the cornerstone for its Enterprise Office Center, under development in Prague 4-Pankrác. The new project will go up between the Gemini office center and the D1 motorway.

PPF finalises City Tower acquisition

PPF Group, which is owned by Czech businessman Petr Kellner, has finalised the acquisition of the City Tower skyscraper in Pankrác (Prague 4), according to local media.

Prague greenlights Sekyra’s Smíchov City

Prague deputies greenlighted re-development plans for the area surrounding the Smíchov railway station on Thursday, approving a change to the master plan proposed by the project’s developer, Sekyra Group.

Oberbank plans expansion in the Czech market

Oberbank plans to open two new branches in the Czech Republic. The Austrian bank’s CEO for the Czech Republic, Robert Pokorný, told e15 that the savings and loan volumes have increased over the past four years.

P3 Makes Major Land Acquisition for €85 million Logistics Development in Prague

PointPark Properties (P3), the specialist investor, developer and asset manager of warehouse properties, has bought 22 hectares of land alongside the D11 motorway east of Prague for a new 120,000 m2 logistics park which, when complete, will boost its total lettable area around the Czech capital by nearly 40%. The company will develop the site for a total investment of around €85 million to serve the rapidly growing demand for quality warehousing and distribution space in the vicinity of the city.

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