Leader talks: Horizon CEO Yishay Furman on the future of affordable housing
As living in the center of Prague becomes ever more expensive, we spoke to one of the capital’s biggest developers about the exodus from the city center.
Czech mortgage rates rise due to inflation, may hit 5 percent next year
Recent rate hikes by the Czech National Bank are starting to be reflected on the mortgage market.
How much does it cost to buy an apartment in the Czech Republic's largest cities?
The biggest year-on-year growth was in Ústí nad Labem and Ostrava, but per square meter flats in Prague remain the most expensive.
Prague’s first blue-green district combines modern design, sustainability, and community
With the Modřanský Cukrovar development, Skanska is creating a unique city district focused on sustainability, innovation and a neighborly vibe.
Long-planned facelift for Prague’s náměstí Jiřího z Poděbrad to start in 2022
The Vinohrady square will get more greenery, an irrigation system, and improved playground as part of its first major overhaul since 1981.
Prague 9 plans a new neighborhood that takes its cues from Milan and Hamburg
The district intends to buy the land and plan the neighborhood, near O2 Arena, and then get developers involved in the process.
Czech housing market 'out of control' as prices leap to new heights
Experts are condemning the unaffordability of a housing market in which prices are growing faster than most other European countries.
Renovation of Prague's Nádraží Holešovice aims to create a modern urban district
For the first time the city has entered a joint venture with a private investor to redevelop a metro stop to include housing, offices, and shops.
Malaysian Royal Fund buys historic Czech chateau and promises major renovation
The new owners of Protivín Chateau want to create a hotel while opening part of the house and adjacent gardens to the public through major investments.
Design competition announced for Vltava Philharmonic Hall, a planned cultural hub for Prague
Twenty Czech and international architectural firms will compete for the biggest Czech cultural prize in decades.
Rising rents and globalization are changing the social fabric of Czech cities
Long-time inhabitants are being displaced by the younger generation and by foreign residents, resulting in an exodus to the suburbs.
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How Czech developers are listening to Prague communities to create a better city
Upcoming developments with input from residents include a community center in a brownfield, a green school, and a skating rink using recycled concrete.
Mortgage interest rates increase amid rising real estate and construction costs
Rates expected to keep rising as Czech National Bank combats rising inflation during record year for mortgage providers.
The number of new flats available in Prague hits a record low, while price increases accelerate
More people are turning to real estate as a hedge against inflation, and the number of new flats on the market can't keep up with the demand.
Deloitte study: Czech Republic has second-least affordable housing in Europe
It now takes over 12 average annual salaries to buy a flat in the Czech Republic, and prices are currently rising fastest in Brno.
Photo gallery: Main hall of landmark Stromovka restaurant unveiled after restoration
The building in Stromovka park had suffered neglect, fires and flood damage, but is now being restored as an event space and eatery.
Prague's Letná Museum District will create a link between Letná and Stromovka parks
The area around the National Technical Museum will be made more user-friendly for pedestrians and cyclists.
