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Office Market News

Flexible offices are increasingly in demand, the greatest interest is in Pankrác-Budějovická and Karlín

Last year it became clear that Prague is not only a dynamic European city, but also the second most active market for flexible offices after London. Metropolises such as Warsaw, Amsterdam and Madrid followed at a distance. This success only confirms the growing attractiveness of flexible offices in the region. Moreover, according to the real estate consulting company CBRE, the world leader in the field of commercial real estate services, the positive trend will continue this year as well.

Zeitgeist Asset Management obtains more prestigious tenants in Palác Dunaj in the historical centre of Prague

The international law firm CMS and the European Investment Bank (EIB) have rented office space in the newly renovated Palác Dunaj building on Národní třída. The total occupancy has now reached almost 80%. Only one floor of offices and retail units on the ground floor of the building remain vacant, though negotiations with potential tenants are already underway here as well.

Port7 received LEED Platinum certification with the highest rating

Skanska's latest and largest administrative project in the Czech Republic, Port7, received the prestigious LEED Platinum certification in the latest v4 version. According to available information, the project received the best rating of all commercial projects built last year in the Czech Republic. Buildings D and E even ranked among the best in the ranking of the most sustainable office buildings in Europe certified in 2023. Demanding environmental criteria were followed both during construction and now during the building's operation. Skanska was able to obtain 3 platinum certifications at once in the campus certification scheme.

The share of foreign and Czech companies in Prague offices is equal

The share of foreign and Czech companies based in Prague offices is equal. Although almost three-quarters of them are currently occupied by foreign companies, the demand for new premises is more domestic companies. Established foreign companies in many cases prefer to stay in established locations and renegotiate existing leases. One of the reasons preventing the further arrival of foreign companies on the Czech market may also be insufficient construction of new areas. Therefore, companies often look for locations for their centers in other European cities, this follows from the comments of experts and the findings of ČTK.

Interviews

Scott.Weber: We build state-of-the-art design work environments in the spirit of well-being and in the context of a hybrid work model

We have prepared for you an interview with Adam Zvada, the founder of Scott.Weber Workspace, the number one company on the Prague shared office market. Since 2009, Scott.Weber Workspace has been creating work environments that empower people to achieve their goals and offering solutions for businesses of all sizes.

Interview with AFI Europe Czech Republic : Sustainability plays a very important role in our buildings

Kateřina Holická, asset manager of AFI Europe Czech Republic, answered

Transactions

Date Business Center Tenant m2 Agency
2024 Q1 Port 7 The Miners Coffee 220
2024 Q1 Hadovka Office Park Logio n/a 108 Real Estate
2023 Q4 Port 7 Economia n/a

More Transactions »

Best of 2024

  • Largest Rental:

    Port 7 - , with 220m2 rented space

  • Most Active Office Building:

    Port 7, 1 db rentals, with 220m2 rented space

  • Most Active Agency:

    , 0 transactions, transactions total space: 220 m2

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