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CEE Tenant Advisors – First Independent Tenant Representation Network in CEE

The Coronavirus epidemic is undoubtedly a real hard cost for businesses. The uncertainty surrounding this crisis is prompting companies to find sources of savings to reduce their costs. Rent and office management are the second largest expense item for companies after salaries. It is therefore relevant to ask the question of how to reduce the cost of your premises as much as possible and/or match the current needs of space with the current working constraints.

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AFI Europe has acquired Avenir Business Park

AFI Europe has signed an agreement to purchase the Avenir Business Park office center in Prague 5, owned by one of the funds of the British company Tristan Capital Partners. The premium office complex with a total leasable area of more than 25,600 m2 is almost 100% occupied. Prestigious tenants include companies such as ČSOB, ING, Porsche, McDonald’s, Dermacol and Coloplast. The value of the transaction, including certain settlements, is EUR 66.5 million. The transaction will be completed as soon as the seller meets the pre-agreed conditions in the transaction contract.

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Interviews

Clients will increasingly search for workspaces that follow the latest standards

We have prepared for our Kancelareinfo.cz readers an exclusive interview with Viktor Peška, Chief Sales Officer of the development and investment group Crestyl. What does Viktor say about the current situation in the office market and what are their development plans?

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Safety rules in office buildings matter a lot in the rental decision – an interview with Adriana Drăgoescu, CEO, RPHI Romania

"The pandemic has changed our perspective and needs, and from 2020 the safety norms implemented by office buildings matter a lot for tenants in the decision to rent new spaces," says Adriana Dragosescu, CEO, RPHI Romania. She told us in an interview that the measures, efforts and strategy of an office building on safety rules will most likely be in the top three criteria in making a decision.

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Tenants

Date Business Center Tenant m2 Agency
2021 Q1 The Flow Building Wilsons 800
2021 Q1 The Flow Building Weber-Stephen Products, LLC 1200
2021 Q1 The Flow Building Graebel 1000
2021 Q1 Missouri Park BATIST Medical Holding 1000

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