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Office Market News

Passerinvest Group Purchases Beta Building

The leading Czech development and investment company PASSERINVEST GROUP has successfully completed the acquisition of the BETA building in Prague’s BB Centrum. PASSERINVEST GROUP acquired this modern office building with a leasable area of 19,000 m2 by repurchasing it from CBRE Property Fund Central and Eastern Europe, managed by CBRE GLOBAL INVESTORS.

Erste Group Immorent inaugurates Enterprise Office Center

Erste Group Immorent today inaugurated the Enterprise Office Center building, a new landmark in Praha 4. The 12-storey building offers 29,069 m2 of A Class premium office space, additional space for tenants, and also up to 400 parking places. STRABAG has erected the building based on architect Vladimír Krátký’s design.

Regus opening new Business Centre in River Garden II/III Building

The River Garden II/III office complex in the popular Prague 8 locality of Karlín has welcomed an important new tenant. The largest global provider of flexible workplaces, Regus, has leased almost 1000 square meter of category A office space.

Jeff Alson joins Cushman & Wakefield’s growing Central and Eastern European Capital Markets team

Jeff will be based in Prague and will be part of the CE leadership team together with James Chapman.

Katarzyna Zawodna appointed Business Unit President for Commercial Development Europe

Katarzyna Zawodna succeeds Claes Larsson as Business Unit President for Skanska Commercial Development Europe as of January 1, 2016.

Emmanuel Gluntz is the new Head of Property and Asset Management for the Czech Republic and CEE at JLL

Emmanuel Gluntz joins JLL as the new Head of Property and Asset Management for the Czech Republic and CEE, starting November 2015 and taking over responsibilities from Pavel Scháňka during the next few weeks.

HB Reavis wins UK awards for 33 Central in London

HB Reavis, the leading commercial property developer in Central and Eastern Europe which entered the London market in 2013, has scooped two industry awards for its prime City of London development, 33 Central.

Skanska sells Corso Court office building in Prague to Invesco Real Estate

Skanska has sold Corso Court, its office project in Prague. The building has been purchased by global investment manager Invesco Real Estate on behalf of one of its German separate account mandates. This is Skanska’s second investment in the Czech capital to be acquired by Invesco Real Estate.
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