It’s January, which means it’s time for the Top 10 lists to start appearing. SeznamZpravy kicks things off with an interesting look at the most expensive flats that were sold in 2022. Using data taken from the land registry, the real estate portal found valuo.cz found that all ten of the most expensive apartments sold last year (at least through November) were located in Prague. Not surprisingly, half of them were in Prague 1 with another two in Prague 2 and Prague 4. To be more precise, the most expensive flat was sold for CZK 85 million along the prime luxury retail location, Pařižská street. Coming in second and third (both for CZK 74.5 million) were apartments on the far less exclusive Jindřišska street. Another interesting finding from the list is that they include flats from development projects. One Prague 2 project, Rezidence Helenika produced the 7th and 8th most expensive sales. Denisa Višňovská of the agency Lexxus, which acted for the developer, says nearly all the units were sold before hand over. Just two remain.
Things are coming full circle in the world of e-shops. Having known nothing but double-digit growth for years, the online retailers Mall Group is shutting down all of its physical stores. The last pick-ups at these locations will be on January 22 and around 70 employees will lose their jobs. Allegro, the company’s new owner (as of last April) says that sales growth began slowing towards the end of 2022 as the recession kicks in. “The decision to close our stores wasn’t an easy one, but the last few months along with our integration into the Allegro group confirmed for us that we need to speed up and deepen our transformation,” Mall Group’s spokeswoman Pavla Hobíková told SZ Bzynys. She said that the popularity of self-service pick-up boxes is growing.
Finally, REassurance has unveiled yet another key appointment to its CEE team, that of Karol Iwanowski as Senior Tax Advisor. It’s a position that the insurance broker created for him that it says demonstrates how the transactional risk insurance market is evolving. Iwanowski worked previously at both Deloitte and PWC and had been working more recently as a tax insurer.
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