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Office Market News

Industrial Research Forum Announces Stock and Property Market Data in Q1 2019

The Industrial Research Forum is pleased to announce its final stock market data for the Czech Republic in the first quarter of 2019.

The Health Insurance Company of the Ministry of the Interior and the Czech Industrial Health Insurance Company opened their branches in the Nová Karolina Park building in Ostrava

Nová Karolina Park administration building in the center of Ostrava has expanded its offer of public services with two new contact points for Czech insurance companies. The Health Insurance Company of the Ministry of the Interior (ZP MV ČR) also leased 570 m2 of offices in addition to its branch office, located on 125 m2 on the ground floor at the entrance to the courtyard of the building. The Czech Industrial Health Insurance Company (ČPZP) also opened its branch on 68 m2 on the ground floor of the northern part of the building towards the shopping center.

PRAGUE PROPERTY FORUM 2019: Learn all about the digital future of property!

Every year, Property Forum and RICS gather leading decision makers of European property markets at Prague Property Forum to discuss the future of our industry. CEOs, influential investors, bankers, developers, fast-growing proptech start-up founders, architects and valuers will come together on June 4, 2019 at the Cubex Centre in Prague to analyse the potential of the Czech property market from a global perspective. The conference, this year organized for the third time, has attracted highly respected speakers from the Czech as well as European property markets, some of them being present in Prague for the first time.

Savills has mapped radical changes on the Czech real estate market during the Czech Republic's membership in the European Union

Approaching the 15th anniversary of the Czech Republic's accession to the European Union, Savills, a commercial real estate advisory company, has published an infographic highlighting key milestones in the process of transforming the real estate market and the country's economy.

Prague Research Forum Announces Office Market Data for Q1 2019

The Prague Research Forum (PRF) is pleased to announce the first quarter of 2019 office market data. providing as complete, accurate, and transparent as possible about its development.

O2 universe will be open in September and will welcome the World Congress of Anesthetists in 2020.

A new multifunctional cultural and congress center O 2 universum will be launched in September 2019 . It should serve as a center for large international congresses and corporate events. "The main goal of the project is to bring congress events that have not previously come to Prague - either by the number of participants or by the exhibition space requirements associated with the congress," says Robert Schaffer, Chairman and CEO of Bestsport and O 2 Arena.

CA IMMO: Success in the lease of Prague office properties

Nile House and Visionary office buildings are now completely leased. Visionary was awarded the WELL certification as the first office building in the CEE region. In the first quarter of 2019, CA Immo concluded lease agreements for approximately 10,000 square meters of lettable area.

Developers expect a significant decline in the supply of industrial properties, and negative figures will come in Prague and regions

While in 2019 the supply of industrial properties will still be at the level of stagnation (growth of 1.1 percent in the regions, decline of 0.6 percent in Prague), it will fall significantly in the long run to negative figures. Growth in demand will continue to exceed supply, although developers predict a downward trend. The driving force of demand is currently the need for companies to expand their production area and seek better conditions.
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