March 9, 2026

CTP Secures Lease with Rossmann for CTPark Prague North

CTP has announced it signed a new lease for Rossmann at CTPark Prague North for a new 30,000-square-meter logistics center. The transaction was brokered by Cushman & Wakefield.

Rossmann is the fastest-growing drugstore chain in the Czech Republic.

According to the developer, the new facility is scheduled for completion in 2026. It represents the largest investment by Rossmann in its more than 30 years of operation in the Czech market, with the total value exceeding CZK 500 million (approximately EUR 20.6 million). The new building will be Rossmann’s largest distribution hub in the country, supporting its continued expansion and long-term growth ambitions. 

“Our new logistics center will be the heart of our Czech sales network,” commented Rossmann CEO Karol Jakubek. “Without it, we would not be able to manage the growth of our business. With an investment of over EUR 20 million for the new warehouse, this is our largest project in Czechia and a fundamental step for our next phase of expansion. The new facility means we will be able to manage our inventory more efficiently, develop enhanced e-commerce offerings, and ensure ample availability of our product range across the country.”

“CTPark Prague North provides a combination of strategic transport connections to Prague together with a wide range of spatial solutions alongside land for new development, and high-quality facilities for park employees, making it an ideal location for rapidly growing businesses that may need more space to expand into in the future,” added CTP Managing Director for the Czech Republic Jakub Kodr. “We are pleased R has chosen CTPark Prague North as a place to make such a considerable investment in its new distribution centre that will be a key pillar for the future of its business in Czechia.”

Image source: ctp.eu

Get the memo – every week

Essential real estate market updates, straight to your inbox.

7R Signs SMA Partnership to Enter German Market

In 2026, 7R plans to expand in Germany through one to two land acquisitions and the acquisition of one to two standing assets. The company’s strategy focuses on the BIG 7 cities – Berlin, Hamburg, Munich, Cologne, Frankfurt, Stuttgart, and Duesseldorf.

Fidurock Acquires Sokolska 35 and 37 Buildings in Prague

The buildings are located in the immediate vicinity of Wenceslas Square, the Museum, and I. P. Pavlova and have a current area of 2,157 square meters. According to Fidurock, will undergo complete renovation and conversion from office to residential rental units.

Cresco Real Estate’s SO-HO Rezidence Secures Financing

The phase of SO-HO Rezidence follows the already completed building on V Haji Street and will comprise 194 residential units. Completion of the development is expected in the fourth quarter of 2026.