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Articles

Europa Capital acquires three office assets in Budapest

London-based real estate fund manager Europa Capital has acquired a 30,000 sqm gla office portfolio in central Budapest for its pan-European investment fund, Europa Fund IV, for EUR 30 mln.

Green Award for Building G

The Building G office building, part of the portfolio of leading Czech development and investment company PASSERINVEST GROUP, has received a Very Good rating on its BREEAM certification. Building G is part of the multifunctional facility BB Centrum, whose tenants include such companies as Royal Canin, Mars, Wrigley, Fiat and SII.

Prague ranks as 45th at the list of the most expensive office locations

According to the study of the consultancy firm Cushman & Wakefield London’s West End is the world’s most expensive office market for the third consecutive year. To rent one metre squared of office space here costs over EUR 2,300 annually. Hong Kong came second place (EUR 1,636 sq m/annually) followed by New York third (EUR 1,162 sq m/annually).

CBRE Global Investors Acquires Campus Square retail center in Brno

CBRE Global Investors acquired Campus Square shopping center in Brno from the developer AIG / Lincoln. The transaction price was not disclosed.

CRYSTAL Office Building, Prague will soon receive BREEAM Excellent Award

After obtaining the highest (A) level local energy performance certificate fot their his office project CRYSTAL in Vinohrady Crystal GES REAL, a.s. aims for BREEAM Excellent certification.

The Largest Property Deal Ever Recorded in the Czech Republic was Advised by CBRE - Union Investment acquires majority stake in Palladium

CBRE advised Union Investment Real Estate GmbH on the acquisition of a majority shareholding stake of the most prestigious asset in the Czech market, Palladium, from a company managed by the German investment manager Hannover Leasing, Pullach. The transaction is the largest property deal ever recorded in the Czech Republic. The property consists of the largest city centre development (ca 41,000 sq m of prime retail, ca 18,000 sq m of office) strategically located in the city of Prague and naturally extending Prague’s high street.

BB Centrum’s Building D lands first tenants

Building D in the business complex BB Centrum in Prague 4-Michle finally landed its first tenants: two sports-focused retailers, GolfProfi and RunExpert. Both shops will open in March.

CTP launching three new business parks

New locations are near Chomutov, Cheb and Žilina

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Jana Hrda

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Tereza Matejkova

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