Posts Categorized: Real Estate

Prague’s Charm Retains its Value

International Herald Tribune There was a kind of real estate glow to the capital of the Czech Republic six or seven years ago. Foreign investors wanted to buy, international companies were paying handsomely for expatriate workers’ luxury rentals and development was surging in neighborhoods outside the city center. Then came the global downturn. “The two… Read more »

Warehouse rising

Business New Europe Champagne, a string quartet, an aging but amusing Czech actor as the emcee — welcome to the new warehouse for supermarket chain Globus that was built by Prologis. If all that seems a bit much, consider this is Prologis’ first new building in nearly four years and you’ll get why they are… Read more »

Central Europe’s property market grows up

Business New Europe Investors, local and international, see the Czech property market as confident and maturing, while real estate consultancies are murmuring that the wild east is settling down into a stable, grown-up investment market. Even after a couple of turbulent economic crisis years and a recent return to more volatile markets, brokers believe that… Read more »

Buyers opt for opulence and a room with a view

The Prague Post Renovated riverside apartments promise personalized luxury “You can’t choose someone else’s flavor of ice cream.” That’s the credo of Alion Andersson, co-owner of King Street s.r.o., developer of River House, a new super-luxury apartment building in Prague 2 on the Vltava River. He’s talking about the individual nature of choosing apartment furnishings,… Read more »

Utopian city is just clicks away

The Prague Post Virtual platform allows users to rethink design How will cities be designed in the future? And what about the communities within those cities? How will constantly changing technology affect the way we live, work and socialize? These questions and more are being explored through Underground City XII, a multidisciplinary platform that allows… Read more »

Uncertainty still plagues mortgage market

Prague Monitor Magazine Over a year after it began, the economic crisis is still being blamed for a slew of problems. A strong crown combined with other countries’ financial troubles has hit the national industrial and export markets hard. Companies are being cautious, and this leads to worried employees – meaning concerned consumers. The mortgage… Read more »

A7 brewery project helps to reshape neighborhood

The Prague Post This mixed-use property will include luxury flats and commercial space in Holešovice Holešovice is in the midst of a great transformation, with local architects and designers taking control of the neighborhood’s historic industrial buildings and remodeling them into exciting new spaces to live and work. The recently completed A7 Holešovice Brewery is… Read more »

Heart and Soul

The Prague Post From banks to homes, ASGK Design does it all “We want to find and highlight the soul of a building.” So explains the philosophy of ASGK Design and its founder and owner, Gabriela Kaprálová. Started roughly three years ago, the firm now boasts eight architects and has just finished reconstructing the main… Read more »

Architecturally appealing

The Prague Post Three Czech buildings nominated for prestigious European prize Noted for their environmental friendliness and their ability to merge the old with the new and blend into their surroundings, three Czech buildings have been nominated for the prestigious European Union Prize for Contemporary Architecture – the Mies van der Rohe Award. The Czech… Read more »

A revived cup of coffee

The Prague Post Starbucks transforms historic kavárna into modern café Old buildings abound in Prague, and that’s part of the city’s charm. From Gothic and Baroque to Art Nouveau and Cubist, the melody of architectures blends in beautiful harmony. For developers, though, it can sometimes be a sour tune. To find a suitable building available… Read more »