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Office Market News

Prestigious award, new retail division and over 150,000 square meters of mediated industrial leases, the first six months of 108 AGENCY

Czech real estate consulting company 108 AGENCY was successful in the first half of this year, growing from 24 people to 31-member team. The main activity of 108 AGENCY continues to be the mediation of industrial leases; in the Czech Republic alone, it has concluded 46 contracts for the area of ​​151 442 square meters, in Slovakia it is 52 826 square meters.

World-renowned architects Diller and Prix at the Architecture and Development Summit on 26 September in Prague

The world-renowned American architect Elizabeth Diller, the author of many important buildings, including the upcoming new concert hall in London, and the equally well-known Austrian architect Wolf D. Prix, will be the guests of the autumn Summit of Architecture and Development.

SYNER will build a new CSOB headquarters

The construction of the ČSOB regional headquarters in Hradec Králové enters the second stage after completion of the foundations and a large field of energy wells. ČSOB signed the relevant contracts for the construction of the entire building with SYNER, which won the tender. The building should be completely finished in the spring of 2021.

Economic risks are rising. Does the real estate market feel that?

This development was expected with regard to Brexit, tensions in Sino-American relations and the declining performance of the German economy. Central banks support growth by lowering rates. However, investors (even in real estate) tend to look at the long-term stability and security of investments. This is indicated by the half-year forecast of the parent BNP Paribas Real Estate.

According to Colliers International, the Czech real estate market exceeded expectations in the second quarter of 2019

Investment in the Czech real estate market in the second quarter of 2019 compared to the first quarter continued at a slightly calmer pace, reaching EUR 819 million. According to the latest study " Market Overview for the Czech Republic for Q2 2019" by experts from global consulting firm Colliers International, the total investment for H1 reached € 1.9 billion. The estimated total value of transactions under preparation this year, which will be more than 60, will exceed EUR 3 billion.

Agile offices reduce operating costs, the BNP Paribas Real Estate study showed

Circular, reversible, fluid or flexible. These are just four of the ten properties that the so-called agile offices should meet. The new designation emanating from Western European property markets can be applied to the working environment, from coworking to modular offices. This type of office is suitable for an increasing number of employees.

Coworking shakes the office market. There are already dozens of centers in Prague

Just a few years ago, the marginal phenomenon of office sharing, aka coworking, redraws the office market map. There are already thirty centers offering this service in Prague. Sharing space in the metropolis two years ago accounted for two percent of new office rentals. This year it will be fifteen percent, according to data from CBRE. There are now 65,000 square meters of coworking space in the capital.

The answer to climate change? More green and compact cities

Desiccation and overheating of cities are among the most serious problems of today. How to respond to them? In many ways, it is sufficient to change thinking and to introduce primarily technically and economically less demanding measures. We must re-learn what our ancestors already knew, but with current technology: using water, earth, sun and air to our advantage.

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Jana Hrda

+42 191 916 4778

Tereza Matejkova

+42 021 001 2566


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