Czech National Bank (ČNB) has approved a prospectus with the limit of CZK 1.5 billion for the period of 10 years, submitted by Českomoravská Projektová II., a member of Českomoravská Nemovitostní holding (ČMN).

Českomoravská Nemovitostní has become the new owner of the Crystal Building, a prominent landmark of the Prague district of Vinohrady, acquiring the property from the CFH. The transaction is worth more than a CZK 1 billion.

There are only 63 buildings on the Wenceslas Square in Prague and Českomoravská Nemovitostní (ČMN) has acquired one of them. ČMN’s portfolio has been extended by an office building in the upper part of the Wenceslas Square, with a view on the St. Wenceslas’ statue and the National Museum. ČMN holding’s portfolio is worth CZK 1.5 billion, as of the end of 2018.

It is always a good time to do something of benefit. Something by which it’s possible to assist those who were less lucky in life and need the help of others. Christmas and the New Year are time when we feel just a little more motivated to take these steps; and this goes for Českomoravská Nemovitostní and its charitable activities.

Českomoravská Nemovitostní (ČMN) has acquired the building that serves as headquarters of international company Nestlé, adding it to its real estate portfolio. The transaction was worth hundreds of millions of Czech korunas; the parties decided not to disclose the exact figures. ČMN has bought the modern building with a glass façade from CPI, a real estate company owned by Radovan Vítek. CPI bought the building from Sekyra Group, another prominent Czech developer, for CZK 651 million in 2008.