Radovan Vítek has decided to merge his Czech real estate investment company CPI Group into GSG Group (formerly Orco Germany), with the intention of further expansion into the European property market.
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.
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.
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 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 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 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.
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