September 2011 - Preco Group

Monthly Archives

Czech Republic: Future problems due to budget reductions

The expenditures planned from the state budget for transportation will be most limited next year according to the minister Dobes drawdown of grants from the European Union also. Minister of Transport says that in future years will be a big problem with financing the construction and maintenance of transport infrastructure. The priority is for the […]

Prague: Big reduction of building apartments

According to recent statistics, the number of apartments to be built in the Czech Republic in the first half of 2011 fell by 23% to 14,296 units compared to last year. According to data of Czech Statistical Department the number of already handed apartments fell by 6% to 16 120 pieces. In Prague at the […]

1st half of 2011: Real estate investments exceeded 650 million euros

Total volume of investment to real estate in CR during the second quarter of 2011 was slightly above 180 million euros (4.3 billion CZK) compared to 145 million in 2010. This amount indicates an increase 25% year over year. The total investment in the first half year is about 650 million euros. At the beginning […]