In the center of Ostrava, on Kostelní náměstí, the implementation of the first stage of the multifunctional building VÁCLAV has begun. The building will offer apartments, office space and commercial units on an area of 4,424 m2. The developer of the CZK 300 million project is the ANTRACIT group, the general contractor of the implemented stage is the Ostrava construction company HSF System.
On Tuesday, November 15, 2022, at a gala evening in Prague's Karlín Forum, the results were announced and awards were presented to the best projects of the Czech real estate market for the past year. The winners of the 24th edition of the "Best of Realty" competition were decided by a nine-member expert jury headed by Tomáš Drtina, vice president of the Association for the Development of the Real Estate Market (ARTN). Out of the five dozen nominees, this year's awards went to projects across the entire Czech Republic. The traditional glass trophy traveled to, for example, České Budějovice, Hradec Králové, Kojetín, Lipno nad Vltavou, Opočn, Ostrava, Prague or Pilsen.
The Prague office real estate market reached several records in the first nine months of 2022. It marked year-on-year records in the growth of new office space, record demand from tenants, and even much more office space was leased this year than a year earlier, according to JLL's regular quarterly analysis.
The Penta Group concluded one of the largest office contracts in the Czech Republic in recent months. The financial institution Fio banka will move its headquarters to the emerging Masaryčka administrative complex in the center of Prague.
Developer Ameside a.s. from the Prague group Amadeus Real received a planning permission for the project of a new urban district in the center of Pilsen. He wants to build it for roughly eight billion crowns by 2027 on the site of the House of Culture, which was demolished ten years ago. The company is already working on a project to issue a building permit, which will take several months. He wants to submit the application next year, and construction is to start in 2024. Václav Klán Jr., a member of the board of directors of Amadeus Real Estate, told ČTK today. The territorial decision is not final yet.
A total of 22,700 square meters of new office space was completed in the capital city of Prague during the second quarter of this year. The vast majority of them, 21,500 square meters, are located in the DOCK in Five administrative building, which was built by the Crestyl group in Prague 8 as part of the DOCK complex. This year, she also started the construction of the first two administrative buildings in the HAGIBOR project, in which 95,000 square meters of offices will be gradually built along Vinohradská trýda in Prague 10 in a total of six buildings.
The real estate company CPI Property Group (CPIPG) of billionaire Radovan Vítek is selling 53 retail properties in the Central and Eastern European region to the Austrian real estate company Immofinanz, of which he is the majority owner. The price is 324.2 million euros (almost eight billion crowns).
Colliers, a leading company providing diversified professional services in the field of commercial real estate and investment management, published a survey of the Prague office market for the 2nd quarter of 2022. According to it, the vacancy rate did not change and remained at the same value as in the previous quarter. On the contrary, rents or service fees continue to rise. The volume of net realized demand is nevertheless the highest since the end of 2019.
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