JetBrains – the Prague headquartered Czech-Russian developer and vendor of personal development tools specifically targeted towards software developers – took the last vacant large unit of circa 1,247 sq m situated on the 2nd floor of Kavčí Hory Office Park located in Prague 4. Due to their success, JetBrains were [...]

The V-shaped apartment highrise project ECM Real Estate offered for sale as part of a sell-off of its assets has attracted the interest of CEI Estate. The company has also shown interest in the office portion of the Epoque project, according to the Archiweb website. Euro Property Investment is a [...]

Prague 8 ’s administration announced that it doesn’t agree with plans for the construction of AFI Karlín Business Center, an office building the developer AFI is developing on a plot along Pernerova street in Karlín. The developer rejects the notion that this spells the end of their scheme, but as [...]

Real estate development Israeli company AFI Europe, owner of AFI Palace Cotroceni in Bucharest, will start works in the coming months at a shopping center in Arad, western Romania. AFI Europe plans to build a supermarket and a Do-It-Yourself store with an area of 9,000 sqm each, as well as [...]

Hungary has secured the last environmental permit necessary to allow the construction of a 384 km section of the Nabucco pipeline to move forward. The announcement makes Hungary the first country involved to have all the necessary permits in place. The obtainment was a two step process, consisting of the [...]

CBRE has been appointed as agent for Carpathia, a prestigious office project being built in the Powisle district of Warsaw. The 4,700 sqm office building will have five floors of offices and two underground parking floors for around 40 cars. CBRE will be working together with the Krakow-based agency Fisheye in [...]

Cushman & Wakefield has been named the the manager of the IGY business centre in Ceske Budejovice. It’s the largest shopping center in the South Bohemian Region and also includes offices, and the 3rd business center C&W has taken over from its competitors in the past year. “We will prepare [...]

PointPark Properties (P3) has seen the volume of of its leasing deals soar by 70% in the first half of 2012, compared with the same period of 2011. This has coincided with a lack of new development supply and converging lease terminations, putting a supply squeeze on top locations across [...]

Although Poland’s copper giant KGHM has met the market expectations in the second quarter of the year, Quadra, which it recently took over, has dragged its operating profits down.   The consolidated net profit of the KGHM group failed to meet estimates in the second quarter of the year, coming [...]