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Articles - administrativní plochy

Large transactions have returned

Large transactions returned to the Czech real estate market. The first quarter of this year was the strongest in the commercial real estate investment market in the last few years. The market thus returned to pre-pandemic levels. The confidence of domestic investors is also constantly growing. However, the impact of the war in Ukraine and the expected stagflation of the Czech economy remain largely unknown.

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At AFI Europe: Three rental housing projects will offer almost 900 units for rent

The development company AFI Europe is taking stock of the results for last year, in which it fully devoted itself to the implementation of its new corporate strategy focused exclusively on rental housing: It is currently building four buildings in Prague in three residential projects. AFIHOME Třebešín (formerly Tulipa Třebešín) is the furthest in the preparations, which was the first to achieve a rough construction. The house, which will offer a total of 61 housing units, should be completed this year. Another project is the multifunctional complex AFIHOME Karlín with a total of 170 apartments, which will complement the shops and services. He reached the glajcha at the turn of this year. The other two apartment houses are growing in parallel in the new multifunctional district of AFI City. The first of them already has a complete rough construction, the construction of the second building was started in November last year. In addition to rental housing, AFI Europe also approved and sold 80% of the luxury villa houses in Tulipa Třebešín, in which it also created a model apartment under the direction of designer Magdalena Hopkins. The company was also active in the field of commercial real estate and expanded its office portfolio with Avenir Business Park in Prague 5 - Nové Butovice. The company bought it for 66.5 million euros and is now almost completely occupied.

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HolKa will connect Holešovice with Karlín and at the same time revive the Vltava embankment

The long-awaited HolKa footbridge construction project will make it easier for pedestrians and cyclists to move between the two dynamically developing districts of Prague. At the same time, it activates the creation of follow-up projects of the capital and private investor CA Immo, which will contribute to the attractiveness of the Vltava embankment in the area of Rohan Island.

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UBM's Astrid Offices office building wins bronze from the prestigious "Best of Realty" competition

UMM Development Czechia executives Helmut Berghöfer (with the award plaque) and Josef Wiedermann (next to him on the right) accepted the award on the podium. The award was presented to them by a member of the expert jury Silvie Marešová (Colliers) and Tomáš Běhounek (law firm bnt - partner of the gala evening). Petr Čejka (Algon) - on the right next to J. Wiedermann - and Jan Sierocinski-Vanek (development manager of UBM Development Czechia) also came to the podium for the award. The award plaque will be placed on the facade of the Astrid Offices office building, where all offices and retail space on the ground floor are already rented. . The award was presented to them by a member of the expert jury Silvie Marešová (Colliers) and Tomáš Běhounek (law firm bnt - partner of the gala evening). Petr Čejka (Algon) - on the right next to J. Wiedermann - and Jan Sierocinski-Vanek (development manager of UBM Development Czechia) also came to the podium for the award. The award plaque will be placed on the facade of the Astrid Offices office building, where all offices and retail space on the ground floor are already leased.

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Křetínský and Crestyl will change the face of Prague. They’re rebuilding Vinohrady Avenue

The Crestyl development group, in cooperation with EP Real Estate, billionaire Daniel Křetínský, will build the first phase of an office complex in Prague’s Hagibor.

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The seventh year of the Open House Prague 2021 festival will open 80 buildings and spaces on the weekend of August 7 and 8

The organizers of Open House Prague have chosen the summer date of the festival this time and invite all lovers of architecture to its seventh year, which will take place from 2 to 8 August 2021. On the weekend of 7 and 8 August, 80 normally inaccessible buildings and spaces and The week will bring a number of accompanying events. The motto of the festival is "Architecture for all", because the tours of the buildings are intended for the general public, including families with children and people with visual and hearing impairments. Admission to all open buildings is free without prior registration.

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Nothing is more expensive than a free meter of shop or office

The year 2020 closed stores, drove people out of offices and significantly changed conditions in the real estate market. While until last spring, commercial property owners could choose who to rent space to and set prices, now the situation has changed.

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Every second investor expects an increase in investment activity in the CEE region this year

Due to the covid-19 pandemic, investors were more interested in waiting tactics in part of last year. This gave them enough time to carefully assess the risks and better assess the next steps. Therefore, the second year with coronavirus starts with increased activity. According to the current CBRE survey of commercial real estate investors, 50% of companies active in Central and Eastern Europe expect increased transaction activity this year.

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