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2020-01-17  12:28
CIJEurope.com
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Company News

Two new discounters set to shake up Czech...

Two new non-grocery discount retailers are entering the Czech market, according to MF Dnes. The Germany-based brand Tedi expects to open its first store by June, while the Dutch brand Action should be open for business even sooner. "We'll open the first two Action stores in Central and in Eastern Bohemia during April," Monique Groeneveldová told MF Dnes. The director fo...
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2020-01-17  12:26
CIJEurope.com
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Company News

AFI Europe sold 120 flats in 2019

AFI Europe has released its results for 2019, which include the completion of the second stage of Tulipa City which was the final residential portion in its AFI City project in Prague 9. The company sold 120 flats in this project and in Tulipa Třebešín, a project comprising 25 units in five villa homes. Another accomplishment for the company last year was its acquisition of a project,...
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2020-01-17  12:19
CIJEurope.com
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Politics

Stricter rules for real estate agents begin...

Stricter rules for real estate agents are due to take effect in February . The new law on offering real estate for sale or to rent on a professional basis will require agents have completed a legal or economic degree or else prove they have at least three years of experience in the sector. Those who lack the proper education will have to take courses offered by the Association of Real...
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2020-01-17  09:47
CIJ Romania
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Company News

Globalworth takes over Renault Bucharest...

Globalworth is now the sole owner of the company that owns the Renault Bucharest Connected building, after acquiring the remaining 50-percent stake held by Elgan Group. Renault Bucharest Connected offers nearly 58,000 sqm of offices and a design center. It is located in the western part of the capital. The building, which was completed in February 2019, is leased to Renault.
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2020-01-17  09:32
SC BLUE PROJECTS SRL
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Company News

Blue Projects delivers Expo Business Park...

Blue Projects has delivered to Portland Trust the Expo Business Park office development, which includes 3 buildings of approximately 70,500 GBA located on Expozitiei Boulevard in North-West Bucharest. The largest of them has a total surface of 20,000 sqm – representing 50% of the available space – and is leased entirely to ING Bank. The other two buildings have leasable surfaces of 14...
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2020-01-17  08:29
CIJEurope.com
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Company News

Starbucks leases 226 sqm at Półwiejska 2 in...

Starbucks has leased 226 sqm at Półwiejska 2 in Poznań. Colliers International advised during the lease process. The investment is a five-story class A building offering 9,100 sqm of leasable area. “The new premises in the Półwiejska 2 has a lot of potential due to its strategic location in the city center. We hope that this will contribute to the store becoming the favorite meeting p...
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2020-01-17  08:28
CIJEurope.com
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Company News

Franke leases 292 sqm at HomePark Janki

Franke has leased 292 sqm at HomePark Janki . The provider of sanitary equipment was advised by Cushman & Wakefield. HomePark Janki is a retail park with more than 40 furniture and homeware stores. The anchor tenants include RTV Euro AGD, Jula, Empik, Komfort, Piotr i Paweł, Living Room, Vox Meble, Belbazaar, Gravitan and Rossmann. BNP Paribas Real Estate Poland is the property ma...
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2020-01-16  12:55
CIJEurope.com
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Project News

CIB to build rental flats above new metro...

The real estate group CIB is planning to build 170 rental apartments in the Prague 4 suburb of Pisnice. Denik.cz spoke with CIB's director Dušan Koňařík who said "We're not a classic developer that wants to get the maximum out of the area." He said that since CIB already owns more than 700 apartments in the vicinity, it wouldn't make sense to develop so intens...
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2020-01-16  12:54
CIJEurope.com
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Appointments

Marsova named Head of Valuations at Colliers...

Colliers International Czech Republic has appointed Vendula Marsova, MRICS, as its new Head of Valuation and Advisory Services. Vendula will focus on driving growth for the division while improving client experience and developing relationships. She has over 10 years of valuation experience and has undertaken and coordinated appraisals of all types of commercial properties and large r...
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2020-01-16  12:52
CIJEurope.com
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Company News

Geosan begins construction of Rezidence Neklanka

Geosan Development has completed the handover of its Prague 9 residential project Element Letňany and sold off all its 107 units. At the same time, the company has gotten underway with construction of its new project, Rezidence Neklanka in Radlice where it has just 11 units left to sell. With the future in mind, Geosan managed to add to its land bank with the acquisition of a construc...
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