After a big battle for control over the center of a small town, Develon has completed its new, historically-minded shopping mall. The developer Develon will open its newest shopping center Breda & Weinstein on November 15th in the historic center of Opava, ending a long, drawn-out duel with rival developer [...]

Crestyl and UBM have teamed up to produce, and anchor, a new office scheme in Liben Crestyl and UBM have started construction on DOCK 01 in Prague 8’s Libeň district. Roughly 30 percent of the 9,000 sqm office building has been pre-leased by the two developers, who plan to move into [...]

The creditor committee of ECM Real Estate Investment has assigned the developer Crestyl with the reorganization of the company. A Prague court approved the restructuring in March as the outcome of an insolvency process that’s taken a year. Crestyl’s job is to minimize the impact of insolvency on ECM’s and [...]

In February, the developer Develon announced it had won a tender for the lease of a 1,500 sqm store called Slezanka from the city of Opava on the city’s main square Horní nám. On the face of it, this seems a bizarre move for a company that’s hoping to complete [...]

  The opening of Crestyl ’s shopping center in Jablonec nad Nisou in North Bohemia has been postponed for two years. Originally scheduled for completion next year, OC Central is still waiting for its construction permit, which means its opening will have to wait until 2014 in the best case [...]

Crestyl should finally obtain a planning permit for its shopping center project Central Kladno at the end of January. The positive news follows an agreement by the developer and the city of Kladno’s construction authority under which Crestyl would contribute CZK 4.5m (€176,299) to be used for improvements of the [...]