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Office Market News

Open House Prague 2021 starts. Have a look at normally inaccessible buildings

Due to the pandemic, the term Open House Festival was postponed to summer. Dozens of inaccessible buildings open to the general public on the weekend of August 7 and 8, 2021. The festival week starts on Monday, August 2, to offer those interested in architecture a number of interesting accompanying events.

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CB Property Investors: Interest in investing in Czech and Slovak real estate exceeded expectations

CB Property Investors The sub-fund (CB Property Investors), a real estate fund of qualified investors, closed the first subscription round at the end of June 2021 and opens both to new construction and, above all, to the sustainable re-development of existing properties. The fund's strategy met with investor interest that exceeded expectations. The speed with which the first subscription round of investments was filled points not only to free capital, but also to the gap in the real estate market that the fund is filling. At the same time, this opens up space for further development of construction in the Czech Republic and Slovakia.

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The G4S security agency already operates from building B of the BB Center in Prague

The specialist for providing comprehensive security services, G4S Secure Solutions, is the new tenant of the completely renovated Office Building B. The agency occupied 815 m2 of office space in July this year, adding other renowned companies ABInBev, NEWPS and Alcon Pharmaceuticals. The owner and administrator of the building is the PASSERINVEST Group.

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Flexible offices are experiencing a second wave of interest

At the beginning of the year, it seemed that many coworking centers or shared offices could not survive the measures associated with the Covid-19 pandemic. It was on shared workspaces, whose philosophy is based on meeting, personal communication and cooperation, that the constraints fell very hard. However, as the results of the June analysis of the consulting company BNP Paribas Real Estate show, this spring most of the operators of coworking and serviced offices felt a new wave of interest.

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Cinema, sauna, climbing wall and bar. Six Czech offices where you will be better than on vacation

Most people go from the hustle and bustle of work to relax on vacation, but some may not feel the need. If you can jump directly into the sauna in the office after a busy day, jump into the climbing room next door to the climbing wall or have a cocktail with colleagues at the company bar, you still have a bit of a holiday.

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Dutch duo wins Brno station design competition

Dutch studios Benthem Crouwel Architekten and West 8 have won the competition to design a new central railway station for Brno, in what was the largest architectural competition in the history of the Czech Republic

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Prague’s office take-up grows by 10% year-on-year

Gross take-up on the Prague office market in Q2 2021 amounted to 89,300 sqm, representing a 5% decrease on the previous quarter but a 10% increase in a year-on-year comparison. The Prague Research Forum has published the office market figures for the past quarter.

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Penta Real Estate secures building permit for Prague project

A new district, which respects the historical monument with a unique genius loci from the Czech Industrial boom times and connects it with modern lifestyle is about to be built.

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