Price war boosts Prague flat sales, Czech hotel occupancy edges up
20 January 2013, 04:37 PM
Sales of new apartments in Prague in 2012 rose 2.5% to a record 4,720 units, surpassing the prior peak in 2011 at 4,562 and boosted in 4Q12 by a price war between developers, says Swedish-based Skanska. Some new suburban projects were offered for little more than construction cost.
- Prague, Poland hotel market buoyed by soccer
- Prague hotel occupancy up but rates stagnant - JLL
- Prague's historic Strahov Stadium heads for ¤120m revamp
- Atrium buys Prague mall for ¤191m in biggest Czech deal
- Czech office steadiest as 2012 CRE investment plunges 71% - CBRE
- Czech investor CPI pays ¤296m for office portfolio
- Prague-based Penta win ¤110m loan for office project
- Moscow hotels start 2012 well, St Petersburg mixed - C&W
- Tallest Czech building bought by billionaire Vajda
- Former Austrian conwert execs pay ¤100m for high-end hotels
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