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HB Reavis announces CZK 1.25 billion bond issue on Czech market Read more http://hbreavis.com/hb-reavis-announces-czk-1-25-billion-bond-issue-on-czech-market/

International real estate developer HB Reavis has announced the successful completion of its first unsecured CZK 1.25 billion (EUR 46.2 million) bond issue on the Czech capital market. This brings the total funds raised by HB Reavis through the Central European capital markets since November 2013 to almost EUR 150 million.

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Over 90 percent of Metronom Business Center leased, with AbbVie becoming the newest occupier

HB Reavis’ Metronom Business Center has secured another client. The international biopharmaceutical company AbbVie, which is involved in the research and development of new medications, has moved from its former office on Evropská Street to 1,600 sq m of HB Reavis’ scheme, located in Prague 5. After the recent record-breaking lease of 24 900 sq m to SAP, the Metronom building is now more than 90 percent occupied.

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IMMOFINANZ with significant increase in office portfolio occupancy: plus seven percentage points to 82%

IMMOFINANZ raised the occupancy level in its office standing investments by roughly seven percentage points to nearly 82% by the end of the 2015/16 financial year (as of 30 April 2016). Rentals in the office segment totalled approx. 388,000 sqm, or 29% of the total area, according to preliminary numbers.

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You Should Know Before Selecting an Office Building

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What does Green office mean?

Green building, is an office building which has achieved to be certified by a national or international independent third-party green certification system, such as EU Green Building certification or ÖGNI / DGNB, BREEAM, LEED, HQE, etc... certification. Green buildings are environmentally sustainable buildings, which during their planning, construction and operation have reduced impact on human health and the environment.

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Do not be afraid to bargain

The current excess supply in the office market gives a strong negotiating position to the tenants against the landlords. The proposed price should not mean the final contract price. The available discount rate depends on the size of the office space and on the rental length. These criteria and the price are inversely proportional, which means that the longer the rental period and the bigger the rental space is, the less the price/m2 will be.

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