CPI Property Group, the largest property owner in the Czech Republic, Berlin, Warsaw and the region of Central and Eastern Europe, announces the successful issue of ten-year senior unsecured bonds and hybrid bonds with a total value of EUR 1 billion.
The field phase of engineering and geological research has begun on the plot between 28. října Street and the Nová Karolina shopping center in the center of Ostrava, where the Ostrava company RT Torax is preparing to build the tallest building in the Czech Republic. The aim is to verify the information in the area after the Karolina coking plant with the help of boreholes, which is important for the foundation of a building with a planned height of 200 meters.
Before the end of 2020, a new form of cooperation between CPI Property Group and M2C began. Facility management, which the CPI Property Group has so far provided for most properties, will now be managed by M2C. At the same time, it welcomes employees from the current facility management division in CPI Property Group.
The jubilee 5th year of the prestigious Office of the Year competition, in which more than 500 exceptional office realizations have entered the history of the competition, is launching the registration of applications today. In addition, this year the organizer of the competition, the company Prochazka & Partners, is coming up with a number of novelties. The biggest one is the transfer of the gala evening to summer, and instead of the interior of the Žofín Palace, the biggest design event of the year will take place in the gardens. Guests can look forward to a charming gala garden party in the heart of Prague. Thanks to the transfer of the gala evening to the summer months, the contestants have more time to prepare their entries - both architectural studios and the companies themselves can traditionally enter the competition. Registration will be open until April 30, 2021.
The Crestyl real estate group will enter the next phase of construction of the Savarin project in the center of the capital with full property control over the project. The money from the just-started bond issue will be used, among other things, for the payment of investors.
From September, the Wolt delivery service and the Kantar research agency will move their headquarters to the Bubenská 1 palace in the First Republic, which has undergone reconstructions for more than a billion in recent years. The WPP group has already chosen the building as its headquarters for its marketing, advertising and PR agencies. Bubenská 1 belongs to the portfolio of the real estate investment group CPI Property Group, which is the largest owner of office space in Prague.
During the first quarter of this year, Sekyra Group intends to launch Rohan City, the second of its major development projects. The first was Smíchov City, which started last year. The information was confirmed by Luděk Sekyra, Chairman of the Board of Directors. Rohan City will be within walking distance of Invalidovna Metro Station.
The largest publishing house in the Czech Republic, Albatros Media, a.s. is moving to new offices. It will occupy almost 2,200 m2 in the Mayhouse building on Prague's 5.května Street. The publishing house will operate at the new address from September 1, 2021.
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