The construction of the new Dornych project by the Crestyl development group in the vicinity of Brno's main train station is progressing to the next phase. After the demolition of the old shopping center was completed, the last rubble was removed at the end of April. 90% of the demolished material will be recycled. A full 100% of the raw materials from the excavation of the construction pit will then be reused. Some of the material will be used directly in the construction of the new project. Its completion is scheduled for the end of 2027. Dornych will offer a freely accessible public space flanked by several smaller buildings. The lower floors of the new buildings will be reserved for shops and services, while the upper floors will house a hotel, clinic, rental housing and offices.
SCS Software, a game studio whose truck driving simulators have a loyal fan base around the world, is moving into the Roztyly Plaza office complex, which was completed last year. The offices, which occupy the top three floors of the building, were designed by Perspektiv studio.
Golden Prague can boast another “golden” building. This time, however, it is not a traditional monument, but an innovative approach to modern construction. The Dunaj Palace, a newly renovated office building in the heart of the historic center, has achieved the internationally recognized LEED “Gold” certificate, which is synonymous with high ecological standards. The almost century-old building on the corner of Národní and Voršilská streets has undergone a sensitive renovation in recent months under the leadership of Zeitgeist Asset Management and with the support of Prague’s conservationists. The prestigious certification was achieved thanks to the active cooperation of all project participants and the company Grinity, which led the entire process as a LEED consultant.
One of the landmarks of the Prague metro station Budějovická is changing hands. With the sale of The Square building, the investment company of the Amundi group completes the successful sale of projects from its 1st real estate fund. The new owners are the Czech real estate group Mint, which has previously managed the building for Amundi Realitní fond KB, together with private investors. The financing of the transaction was provided by Komerční banka. The new owners plan to invest in the building from the beginning with the aim of improving the building's energy efficiency and increasing its long-term attractiveness for tenants.
The company Profil Nábytek from Humpolec will supply complete interior equipment and furniture to the new Horácká arena in Jihlava. This is the largest order of its kind in the Vysočina region to date, worth 25.8 million crowns excluding VAT. The delivery includes equipment for more than 430 rooms, including locker rooms, hotel rooms, offices, skyboxes and other spaces.
Similar to Prague, Brno also recorded only a slight year-on-year increase in the supply of modern office space in 2024, with the total market size increasing by only 8,600 square meters. The same was true in Ostrava, where the construction of modern office buildings has been subdued in recent years, with exceptions, and the average annual completed area over the past 5 years is 5,800 square meters. Despite the lower supply, both cities represent an attractive alternative for investors - rental prices are stable and lag behind the Prague market. In Brno, at the end of 2024, the rent for premium office space in a modern design was EUR 17 per square meter per month, while in Ostrava it ranged between EUR 14 and 14.50. Other regional cities, especially Plzeň, Hradec Králové and Olomouc, could attract investors' attention in the coming years thanks to new projects and improving transport infrastructure. This is according to the latest analysis of the regional office space market by Colliers.
Investiční aktivita na trhu komerčních realit v České republice vystřelila v posledním čtvrtletí roku 2024 prudce vzhůru. Dokončeno bylo několik významných transakcí, jejichž celkový objem činil 740 milionů eur. Dominantním zdrojem investic zůstával i v tomto období český kapitál. Značnému zájmu investorů se těšil zejména maloobchodní segment. Po období rostoucích výnosových měr v letech 2022 a 2023 se „prime yieldy“ v roce 2024 stabilizovaly, a trh tak našel novou cenovou rovnováhu. Vyplývá to z pravidelného kvartálního průzkumu společnosti Colliers.
The investment group Českomoravská Nemovitostní (ČMN), the third-largest office space landlord on the Czech market, together with the NEMO fund, has completed the acquisition of a portfolio from the NOVA Real Estate property fund valued at approximately 5 billion CZK. The transaction includes 5 office buildings with a total rentable area exceeding 37,000 m² and 11 retail parks covering an area of 72,000 m². With this acquisition, the ČMN group will expand its business into the retail segment.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
