New Dornych in Brno moves closer to construction
The Dornych project of Crestyl Group replacing the old shopping centre in the neighbourhood of the Brno Central Station has received a building permit.
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Prague's Hybernská street: Penta Introduces Its Third Project at the Masaryčka Train Station
Prague-based developer company Penta Real Estate recently completed the construction of the Masaryčka building, located next to Masaryk Railway Station. However, their ambitions for the development of this part of the city do not end there. On the other side of the station, in Hybernská Street, the company is finalizing the hotel “The Cloud One”. The latest project involves the conversion of the neighboring former post office building, which Penta acquired from the Czech Post in 2022 for 220 million Czech CZK.
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New office palace will revive Hybernská Street
A new city palace with the ambition to turn Hybernská Street into a lively city boulevard and awaken it after many years of a dull atmosphere.
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CPI Group to sell additional properties in the centre of Prague
CPI Property Group (CPIPG), the real estate company of Czech billionaire Radovan Vitek, will sell the historic insurance building in Spálená Street in the centre of Prague. The deal for almost CZK 1 billion is expected to be completed in the next few days, e15.cz reported.
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Economia moves from Karlín to Holešovice
The media house Economia will move from Karlín to the premises of Port7, Skanska's latest project on the reconstructed Vltava embankment in Prague Holešovice.
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Penta Real Estate sells Prague coworking centre Base4Work to Scott.Weber
Penta Real Estate is selling the fully occupied coworking centre "Base", which is part of the Churchill office complex in Prague 2, to Scott.Weber Workspace, a company continuing its expansion in the Prague flexible office market. Neither party would comment on the size of the deal, online daily newstream.cz reports.
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Czech branch of Société Générale sells properties for more than €142 million
One of the largest Czech banks, Komerční banka, is selling one of its buildings at 42 Wenceslas Square. However, neither the price of the transaction nor the new owner has been disclosed yet. The transaction was first reported by the online daily newstream.cz.
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Crestyl allowed to continue with construction. The new Savarin project will open next year.
Crestyl's Savarin project has been given the green light after more than a year. A new entrance to the metro will be built here, but the location of the Slavonic Epic is still uncertain.
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Rohan island will be divided by big developers. Sekyra Group and J&T are buying land.
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