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Articles - commercial property

J&T Real Estate discusses the sale of Rustonka offices

Representatives of the development and investment company J&T Real Estate are discussing the sale of the Rustonka office project on the border between Libeň and Karlín. For E15, Jiří Ochec from the J&T Communications Department said this. “We are considering selling Rustonka. I can't confirm any more information, ”Ochec explained.

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The Science of Workplace Design by WeWork

KNOWN FOR CAREFULLY designed workspaces with distinct areas for focused thought, group brainstorming, recreation and relaxation, WeWork manages 287 office locations in 77 cities worldwide. While WeWork started in 2010 by providing collaborative space for freelancers and startups, the company’s fastest-growing segment today is enterprise members: businesses with more than 1,000 employees that seek dynamic design and greater flexibility. Large companies can choose from a variety of spaces in a WeWork location, or take advantage of WeWork’s Powered by We offering, in which WeWork designs, builds and operates a space specific to a company’s needs.

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Futureal Group exits ParkLake retail scheme

Futureal Group has exited its €19m mezzanine financing provided to Caelum Development for the development of ParkLake shopping centre in Bucharest, Romania.

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With eight new acquisitions, IMMOFINANZ extends its STOP SHOP portfolio to 80 locations

IMMOFINANZ continues to expand its successful portfolio of shopping centers under the brand STOP SHOP and has now purchased eight shopping centers in Slovenia, Serbia and Croatia. The total purchase price is approximately € 90.5 million.

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Amazon's HQ2 is a Split Decision, New York and Northern Virginia Win Bids

This week Amazon announced their final selection for the location of their second headquarters. In a change to the original plan, Amazon decided to split the location of their new headquarters between two cities choosing New York and Northern Virginia.

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Top build-to-rent performance is built behind the scenes

The Grenfell tragedy and Dame Judith Hackitt’s recently published review on building regulations and fire safety highlights the responsibilities of landlords and the importance of good management.

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Vítkova CPI will pay off all its bonds worth 8.5 billion by the end of November. Money wants to get on the capital markets

Real estate company Czech Property Investments, which is a subsidiary of CPI Property Group, controlled by billionaire Radovan Vítek, will pay all its bonds at the end of November. Creditors will pay approximately CZK 8.5 billion.

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DTZ: Property investment up 4% in Q1

Commercial property investments increased by 4 percent to €268m in the first quarter of the year, according to the latest report published by DTZ. The full-year investment volume is expected to reach €1bn. Nine transactions closed in Q1: three deals between €20 and €50m, four between €10m and €20m and two between €50m and €100m.

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