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    Real Estate

    Austrian Erste Group takes over Prague’s Palladium shopping centre

    The Austrian Erste Group is expanding its real estate portfolio in the Czech Republic: through its subsidiary Erste Asset Management, it is taking over...

    Swiss Life Hypoindex: Mortgage Rates in the Czech Republic Fall in October to Lowest Level Since 2022

    Mortgage rates in the Czech Republic continued to fall in October, reaching their lowest level in more than three years. Loans with a five-year...

    Government Approves Transfer of Land in Letňany to the City of Prague

    The Czech government has cleared the way for one of the largest urban development projects in Prague. Around 120,000 square metres of state-owned land...

    PPF Real Estate to Acquire Diplomat Prague Hotel

    PPF Real Estate Holding is set to acquire Diplomat Prague, a prominent business hotel near its headquarters, from Thailand-based Rabbit Holdings. The move will...

    Prague City Council approves new construction projects in Prague 11 and Prague 13

    Two new planning decisions have cleared the way for major construction projects in Prague 11 and Prague 13. The developments will provide new housing...

    Prague’s Dvorecký Bridge Takes Shape, Opening Set for 2026

    Construction work on the new Dvorecký Bridge over the Vltava is visibly progressing. The structure can already be crossed on foot, and from spring...

    Port7-Holešovice: A New Meeting Point for Work, Leisure and Culture by the Vltava River

    Port7 in Prague-Holešovice is developing into a lively meeting point for work, leisure and culture. On the site by the Vltava, modern offices, gastronomy,...

    Prague continues to struggle with housing shortage as municipal stock remains stagnant

    Prague has been dragging its feet on municipal housing construction for years. The city’s stock has remained at roughly 30,000 units, with new developments...

    “Prague Cubes” to be Renovated: Refurbishment Expected to Cost Around CZK 1.4 Billion

    The iconic “Prague Cubes” designed by architect Karel Prager are set to undergo a comprehensive renovation. The project is expected to cost around CZK...

    Prague Housing Market: Demand for New Build Flats Booms – Prices Surpass 170,000 Crown Mark

    Demand for new flats in Prague remains high – and continues to drive prices upwards. In the first half of 2025, 4,300 new flats...
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