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Office Market News

Geosan Development: Record occupancy of office buildings increases interest in Class B offices

At the end of last year, the Prague office market was approximately 3.5 million square meters of modern office space. Almost 157,000 square meters of office space was completed in 2018. It is the strongest construction in the last 10 years, but it is not enough to meet the demand for new offices.

AVENIR PARK Office Complex: Investing in work environment improvements reached nearly CZK 30 million

Mint Investments as a co-investor and partner of the investment company Tristan Capital Partners purchased in 2017 the administrative complex Avenir Park in Prague's Nové Butovice. Since then, as a landlord and building manager, he has been taking a number of steps to revitalize the complex to meet the current demands of a dynamically developing office market. Investments last year amounted to more than CZK 10 million.

Concrete, the phenomenon of today's interiors

Concrete is no longer just a building material, it forms everything around us. For its informal appearance, it is used on interiors in interiors, and is now increasingly penetrating product design.

The construction industry is on the move, orders are still growing this year

Construction last year grew fastest in the last 14 years. But even more than other disciplines, there is a shortage of workers, with 95% of companies reporting problems with filling vacancies. Will construction companies be forced to refuse orders for lack of capacity this year?

Spork Palace is changing owners, bought by Generali

Cushman & Wakefield represented Generali Real Estate in the acquisition of Spork Palace, a unique project in Prague 1. The seller is SEBRE, as The price was not published. The contract was signed on March 11, 2019.

New global real estate capital, according to Colliers International, could reach $ 2.5 trillion by 2020

According to the latest Colliers International survey, there is a global increase in real estate investment, institutional investors are looking for opportunities to increase their real estate portfolios and new capital resources.

Prague operates 57 coworking centers with a total area of ​​47,300 m2. We expect a 67% increase this year

There are already 57 branches in Prague that offer flexible work spaces, also known as coworking centers (one of three types of flexible workspace). There are a total of 37 providers. Most branches can be found in Prague 1. On average, we pay CZK 4,800 per month (excluding VAT) for a fixed job. JLL, a real estate consulting firm, confirmed the trend of flexible spaces, which is increasingly influencing the Prague office market. This is the first research on this topic in the Czech Republic.

Minimalism: How do successful companies arrange workplaces?

Have you ever heard of minimalism? What is minimalism and why is there no uniform definition? Can minimalism be applied not only in life, but also in business? And for what reason can minimalism as a lifestyle lead many companies to think that less is sometimes more?

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Jana Hrda

+42 191 916 4778

Tereza Matejkova

+42 021 001 2566


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