| From Centrum.cz: The residential property market in the Czech Republic is feeling the impact of the financial crisis and the resulting decrease in demand. Some developers are trying to sell entire residential projects while others are looking for strategic business partners.
"Right now we are getting offers from smaller developers that want to sell their residential projects," said Petr Fanta, CEO at Skanska Reality. It is not only smaller companies that are trying to get rid of their projects. Sekyra Group, one of the biggest developers in the country, is trying to sell some projects too...... Full Article: Source
|