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Office Market News

Current trends for greenery maintenance

The gardens, as well as the green areas around the city buildings, are changing over time, and new trends are evident in recent years. So the lawn is increasingly used as a carpet in the interior, more massive materials are used, including concrete.

Modern green buildings compete with architectural monuments

The thematic category of green buildings, which was opened by the Czech Green Building Council as part of the Open House Prague festival, has been successful. Most of all, the public was interested in the new standard of domestic sustainable buildings Visionary building from the portfolio of the real estate company CA Immo. The weekend attracted 1700 visitors.

These Prague offices are the healthiest in Central Europe

The Visionary project in Prague was awarded the WELL certification for Core and Shell in April with a healthy building. The building from Prague's Holešovice has thus become the first office building not only in the Czech Republic, but also in Central Europe, which won this prestigious award.

Consulting firms are thriving: they are looking for new and bigger offices

Consulting, financial and insurance companies have more and more orders and jobs in the Czech Republic. The local economy is still in excellent condition - this is confirmed by the frequent expansion of existing ones and the entry of new entities into the domestic market. Two closed transactions are also proof: the lease of 1,600 m 2 in the Kateřinská 40 building by TMF Group and the consolidation of Colonnade insurance company on 1,800 m 2 in the Gemini administrative complex in Prague 4. Paribas Real Estate.

CPI Property Group released its first quarter of 2019 earnings results

CPI Property Group, the largest real estate owner in the Czech Republic, Berlin and Central and Eastern Europe, has released its first quarter of 2019 earnings results.

A fund for the purchase of older office buildings is being created in the Czech Republic

Edulios Real Estate Fund from Cimex has started work on the creation of a new sub-fund focusing on acquisitions and subsequent refurbishment of older office buildings. It will collect capital from movable investors, including those who can invest tens of millions of crowns at a time.

Real estate investment in the Czech Republic was the highest in CEE-6 in the first quarter, rising by 214% and exceeding EUR 1 billion

The real estate investment inflow of the Czech Republic in the first quarter of this year was the strongest of all six CEE countries. The value of investments exceeded EUR 1 billion, a 214% increase compared to the same period of the previous year. At the same time, the volume of invested funds returns to quarterly values ​​recorded in 2016 and 2017.

The construction of Česká spořitelna headquarters may be delayed

The realization of the southern part of the Smíchov City project, which is to be dominated by the new giant headquarters of Česká spořitelna, will most likely be reversed by 2022. The revised schedule is based on a newly announced plan of intent prepared by the developer of the Sekyra Group. It was originally built in 2021.
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