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.
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- Polish housing attracts capital as sales hit record – REAS
- Polish residential sales strong but pace difficult to hold – REAS
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- German Patrizia invests ¤1.4bn in apartment projects
- Freeway JV develops ¤98m logistics for Finnish S Group
- Deutsche Wohnen launches ¤1.75bn all-share bid for Berlin peer GSW
- German DIC’s fund business boosts 1H FFO 6%, 2013 on track
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