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The real estate portfolio of the Pražská developers společnost has increased its market value to more than seven billion crowns

11/7/2023 The Pražská developerská společnost (PDS), a subsidiary of the City of Prague, has submitted a regular market valuation of its real estate portfolio, which includes 816,000 m2 of urban land intended primarily for residential development.

Young people leaving institutional care get rental flats

11/6/2023 The city's leadership continues to systematically address homelessness. On Monday, Prague city councillors approved renting five apartments to people who have not yet had permanent housing. These are mostly young adults leaving institutional care.

Prague is looking for tenants for attractive commercial premises in the city center

11/2/2023 he capital city continues with open tenders and is currently looking for tenants for several attractive non-residential premises in the historic center, including a restaurant in Karoliny Světlé Street and retail or office premises in Michalská Street.

Prague signs a contract for the construction of the Žižkov Freight Station. The developer will co-finance public amenities

10/30/2023 On Monday, the City of Prague, the Municipal District of Prague 3 and FINEP ceremonially signed an agreement on cooperation on the development of the Žižkov Freight Station brownfield

Prague City Council agrees to support housing in Prague with ten million crowns

10/27/2023 The City of Prague will provide a donation of CZK 10 million to the Social and Endowment Fund of the Capital City of Prague. The donation agreement was approved by the Prague City Assembly on Thursday. The fund will use the money to support housing in PRG

City Assembly approves purchase of former Czech Post building in Na Strži Street

10/26/2023 The Prague City Assembly approved a direct purchase of Czech Post’s building in Na Strži Street in the Krč district for CZK 425 million. The city is acquiring a key real estate in this area for its further strategic development.

Prague will ensure availability of shelters, halfway houses and an intervention center in the coming years thanks to an EU subsidy

10/23/2023 Prague city councilors agreed to accept a European subsidy from the Operational Programme Employment Plus for the implementation of a project to ensure the availability of selected social services in the City of Prague in 2024–2027.

Public tender underway for Čapadlo Hollar lease as Prague is looking for an operator of an attractive location by the Vltava River

10/23/2023 Municipal company TRADE CENTRE PRAHA a.s. (TCP) is looking for an operator of the Čapadlo Hollar premises on the Smetana Embankment.  Those interested in the attractive premises have until 20 November 2023 to submit their bids.

Prague approves 223 new agreements about outdoor seating with restaurants in historic city center and carries out second round of compliance

10/17/2023 The Prague City Council approved 223 new lease agreements for outdoor seating outside restaurants within the Prague Heritage Reserve area.

Prague selects architects to design new Emergency Medical Service headquarters in Prosek

10/16/2023 The Prague City Council Council today approved the results of an open international architectural and urban planning competition for the design of the Administrative and Technical Building of the Emergency Medical Service of the Capital City.