The offer of industrial real estate is expected to increase by around 10
percent compared to 2017 while demand is expected to rise by 8.3 percent.
The figures stem from a study by CEEC Research which sounded out around 40 companies. Most of the interest in new industrial property comes from foreign based firms.
The study highlights the fact that changes in Czech investment incentives are likely to profoundly shape the industrial real estate market with an emphasis on higher value added production and research and development rather than assembly. Demand for real estate around Brno and in the direction of Vienna is expected to be especially strong.
Czech Michal Krčmář won the country’s second medal in the Winter
Olympics with a second place in the biathlon sprint event on Sunday.
Krčmář was just 4.4 seconds behind the winner, Germany’s Arnd Peiffer.
Twenty-seven year old Krčmář’s best place in the previous world cup season was third and a bronze. The Olympic silver is the first major medal of his career.
The Czech Republic took an unbeatable 3:0 lead in the Fed Cup rubber
Petra Kvitová notched up her second singles win of the tie with a 6:2, 6:4 victory against Swiss player Belinda Bencic.
The win means the Czech Republic has qualified for the semifinals of the Fed Cup for the 10th time in a row.
The team will face in the next round the winner of the tie between Belarus and Germany.
In ice hockey, the Czech lost 2:0 in their first warm up match at the
Winter Olympics in South Korea against Finland.
Both Finnish goals came in the second period during the short space of 32 seconds
Commentators complained that the Czechs were unable to put real pressure on their opponents even with more men on the ice.
The Czech competition in earnest starts Thursday when they face the host team South Korea. Canada and Switzerland also feature in the opening group A..
A court has ordered that an investigation into the ownership of a farm
linked to the Agrofert group of Czech prime minister Andrej Babiš be
reopened, according to the news server Aktualne.cz.
The farm in the Plzeň region was acquired 15 years ago as one of the last acts of the previous owner before declaring bankruptcy. The farm was bought and several years later acquired by the Agrofert group.
The Supreme Court is now seeking to determine whether the original sale damaged creditors and whether that and successive transactions should be overturned. Aktualne said that Agrofert did not want to comment.
In basketball, Czech Tomáš Satoranský of Washington scored 25 points in
the NBA game against Chicago.
That score beats the highest score record for a Czech in the NBA previously held by Jiří Welsch. Welsch in 2004 scored 24 points in his game for Boston against Golden State. Satoranský was the highest scored in the match as Washington ran out 101:90 winners. The 26 year old Czech was replaced Washington star John Wall who is currently sidelined by injury.
In tennis, the Czech Republic took a 2:0 lead in the first round Fed Cup
tie against Switzerland on the opening day on Saturday.
Barbora Strýcová beat Belinda Bencic in straight sets 6:2, 6:4.
Earlier Petra Kvitová needed three sets to overcome Viktorija Golubic 6:2, 1:6, 6:3.
The reverse singles and doubles will be played at Prague’s O2 arena on Sunday.
The leadership of the Social Democrat Party has suggested that parts of the
special meeting to be convened on February 18 in Hradec Králové be closed
to the public and journalists.
The meeting is expected to elect a new leadership after disastrous results in October’s parliamentary elections where they won just 15 seats. It should also discuss whether and on what terms to negotiate over joining a government lead by ANO leader Andrej Babiš. Saturday’s meeting of party leaders even suggested that parts of the agenda of the meeting be postponed until May.
Outgoing prime minister Babiš has stalled partnership talks with the Social Democrats until after the Hradec Králové meeting in the hope that the internal party situation becomes clearer.
Czech biathlon competitor Veronika Vítková has won the first winter
Olympic medal for the Czech Republic.
Vítková won a bronze medal in the sprint competition and was just 1.6 seconds behind the second placed Norwegian Marte Olsbu. The competition was won by Germany’s Laura Dahlmeir.
Separately, speed skater Martina Sáblíková was forth in the 3,000 metres completion with Dutch rivals winning all the medals.
Green mamba scare in Prague
Housing in Czechia least affordable in Europe
Ano wins elections in all regional capitals except Prague and Liberec
Czech counterintelligence helps uncover Hezbollah hacking scheme
Madeleine Albright: Given their own histories, I’m stunned by CEE states’ treatment of refugees