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Articles - Office project

CPI Property Group has successfully issued bonds worth over 26 billion Czech crowns

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.

Land survey for the tallest building in Ostrava and the Czech Republic has begun

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.

CPI Property Group sells a majority stake in its facility management in the Czech Republic to M2C

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.

Developer Crestyl will pay off the investment from a large Savarin project in the center of Prague

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.

Sekyra Group will start the construction of the Rohan City project in Prague. A kilometer-long promenade will be built on the banks of the Vltava

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 biggest real estate business deal of the year. Penta sold Prague's Churchill for four billion Czech Crowns

The year 2020 is almost over, but Penta Real Estate still managed to break one of the records on the real estate market. It sold the Churchill Square office complex near the main railway station in Prague for more than four billion Czech Crowns. This is despite the fact that the company's representatives previously claimed that they will no longer be getting rid of buildings in the center of Prague.

Lobby of the recently completed AFI CITY office building 1

The AFI City office building 1 on the city brownfield in Prague 9 near the Kolbenova metro station is full of interesting architectural and design elements. One of them is the artistically crafted gear motif, which occupies the entire main wall of the reception hall, and is the first thing that welcomes visitors. The work by Czech artist Ivan Komárek is a reminder of the rich industrial past of Vysočany, which was the pride of Czech industry at the turn of the 19th and 20th centuries: the most important companies at the time included the Czech-Moravian Machine Factory, Kolben's Electrical Factory and a plant of the engineering company Breitfeld-Daněk, later connected with the world-famous ČKD, but also the carmaker Praga or the Avia Aero aircraft factory.

Penta showed how they will rebuild Masaryčku. A modern boulevard with buildings by Zaha Hadid will grow around the Prague railway station

Masaryčka connects. With such a slogan, Penta Real Estate, a development company of the Penta financial group, presented new visualizations and details of the first phase of the project of the same name.
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