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Falling interest rates and loose monetary policy in the eurozone and Central and Eastern European countries are boosting investor confidence in the region’s commercial real estate market. However, the situation varies from country to country. For example, the Czech National Bank recently paused its rate cut cycle due to an upward revision of its inflation forecasts for this year.

The construction of the new Dornych project by the Crestyl development group in the vicinity of Brno's main train station is progressing to the next phase. After the demolition of the old shopping center was completed, the last rubble was removed at the end of April. 90% of the demolished material will be recycled. A full 100% of the raw materials from the excavation of the construction pit will then be reused. Some of the material will be used directly in the construction of the new project. Its completion is scheduled for the end of 2027. Dornych will offer a freely accessible public space flanked by several smaller buildings. The lower floors of the new buildings will be reserved for shops and services, while the upper floors will house a hotel, clinic, rental housing and offices.

SCS Software, a game studio whose truck driving simulators have a loyal fan base around the world, is moving into the Roztyly Plaza office complex, which was completed last year. The offices, which occupy the top three floors of the building, were designed by Perspektiv studio.

Golden Prague can boast another “golden” building. This time, however, it is not a traditional monument, but an innovative approach to modern construction. The Dunaj Palace, a newly renovated office building in the heart of the historic center, has achieved the internationally recognized LEED “Gold” certificate, which is synonymous with high ecological standards. The almost century-old building on the corner of Národní and Voršilská streets has undergone a sensitive renovation in recent months under the leadership of Zeitgeist Asset Management and with the support of Prague’s conservationists. The prestigious certification was achieved thanks to the active cooperation of all project participants and the company Grinity, which led the entire process as a LEED consultant.

In a new interview for kancelreinfo.cz, Andrea Foretnikova, General Manager at FLEKSI, talked about trends in the office market and also about the advantages of flexible ones. More in the article below.

We have prepared for you an interview with Adam Zvada, the founder of Scott.Weber Workspace, the number one company on the Prague shared office market. Since 2009, Scott.Weber Workspace has been creating work environments that empower people to achieve their goals and offering solutions for businesses of all sizes.