Czech Industrial Property Market is Booming
At the end of Q1 2016, the total modern A-class industrial stock in the Czech Republic (owned by developers and investors) stood at 5.78 million sqm. In the first three months, new supply reached 84,300 sqm, increasing by 112% y-o-y (Q1 2015 vs. Q1 2016). With another 271,200 sqm currently under construction, the 6 million sqm mark of total stock is expected to be passed in the second half of this year. The share of speculative construction increased, nearly half of the industrial premises currently under construction (44 %) being developed on a speculative basis. Developers reflect the lowest vacancy rate in the last decade, strong demand from the potential tenants and a generally positive economic outlook for the Czech Republic.
CEE City Report Celebrates 20 Years of its Publication
For 20 years we have been monitoring and analyzing the commercial property markets across CEE. The City Reports, a quarterly update of the major CEE markets, provides our clients (be they developers, tenants or property investors) with the value of knowledge and insight, enabling them to consistently make the right decisions. Check it out!
JLL Czech Republic is delighted to announce that Tibor Ovečka has become Head of Office Agency
Tibor Ovečka has over twenty years of experience on the Czech property market. He has been working in senior positions in development companies (such as Hochtief Development Czech Republic and Immorent Czech Republic) and real estate consultancies (EHL Real Estate Czech Republic, Cushman & Wakefield and DTZ). He also has interesting experience on a regional level as he was the Real Estate Director, working across seven CEE property markets, with OKIN Group.
JLL named Capital Markets and Office Agency Agent of the Year at CEE Real Estate Quality Awards
JLL was named Agent of the Year for Capital Markets and Office Agent of the Year award during annual CEE Quality Awards. This further confirms JLL´s very leading position on the strategic advisory services market as well as extensive expertise and confirms strong business performance across the region.
Our New Project – Offices of the Future
JLL, in cooperation with its key clients on the Czech office market and Economia publishing house, have prepared a series of videos about the way business leaders are adopting changes in the working environment brought about by the digital revolution and upcoming generational changes.
IT companies are expanding in Prague
Prague office market awaits the largest move in its history. IT companies and business service centres are expanding and a lot of these firms are changing their seats in Prague.
Prague Retail Properties Are Secret Jewels on the Czech Real Estate Market
According to the 2016 High Street Retail in Prague, the latest report by JLL, Prague has been the most interesting retail market in the CEE region. According to a similar study by JLL called Destination Europe 2015, Prague has been ranked as the 14th most attractive market in EMEA for the expansion of international and luxury retailers.
JLL advises VGP on its €500m joint venture with Allianz Real Estate
JLL has advised VGP, the European logistics real estate developer, on its €500m joint venture with Allianz Real Estate. JLL supported VGP in the creation of the JV and the search for an appropriate equity partner to secure a platform aimed at continued growth across target European countries, including Germany, Czech Republic, Slovakia and Hungary.
JLL appoints Harry Bannatyne as lead director of CEE industrial & logistics
JLL has today announced that it has appointed Harry Bannatyne as lead director of industrial and logistics for Central and Eastern Europe with immediate effect. This role will take place alongside his current responsibilities as head of the industrial business of JLL Czech Republic.
CEE Retail Awards: JLL awarded Retail Agency of the Year
We are very happy to announce that JLL has been awarded Retail Agency of the Year at the 2016 CEE Retail Real Estate Awards. We would like to thank you all for this recognition.
CIJ Awards Czech Republic 2015
JLL took away 2 out of 5 real estate agency prizes at the CIJ Awards Czech Republic.
JLL successfully negotiates two new manufacturing leases
JLL´s Industrial Agency announced two new lease transactions in CTPark Hranice in the Olomouc Region.
Survey: 73 % of respondents would you like to see their workstation and workplace before signing the contract of employment
73 % of surveyed staff would appreciate to have the opportunity to see their potential workplace prior to signing an employment contract. “This corresponds with the general perception of the industry that employees are educated about their rights and privileges, and pay attention to the general working environment,” says Petr Kareš, Head of Tenant Representation at JLL.
Regus and JLL create partnership
Regus, leading global flexible workplace provider, and JLL, leading global real estate and asset management consultant, announce the creation of partnership to help the grow of Regus flexible workplace business centres in the Czech Republic.
JLL appoints new head of capital markets for Central and Eastern Europe
JLL has today announced that Stuart Jordan, head of capital markets Czech Republic, has been appointed to the role of head of capital markets for Central and Eastern Europe (CEE), effective from 1st January 2016.
Sklizeno opens its 18th shop in the Czech Republic
Sklizeno, a food retailer selling local and bio products from farmers and small to medium sized producers, has opened its eighteenth shop. Sklizeno successfully cooperates with JLL on its expansion strategy.
JLL Residential has a new website!
Real insights from Real Views
Get a fresh perspective on how real estate is impacting the wider world from Real Views by JLL. Real Views keeps you up-to-date with all the latest global trends and hot topics in the world of real estate.
The Global Omni-Channel Revolution
While global e-commerce success once depended on offering customers multiple shopping channels, today’s customers demand a seamless, omni-channel experience.
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Provides a brief synopsis of the key facets of 57 key European retail destinations from Amsterdam to Zurich. Read more in the report
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