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Office Market News

Thanks to CA Immo, Prague got a new park. You will find it in Riverside Karlín - a newly renamed and completed office campus

The extensive transformation of Rohanské nábreží under the baton of the development company CA Immo did not end with the completion of the last office building. After almost twenty years, the originally neglected area on the right bank of the Vltava river has become a sought-after part of the city, where people go not only to work, but also to relax, play sports and have fun. The complex of a total of five administrative buildings, which are named after rivers from around the world - Danube House, Nile House, Amazon Court, Mississippi House and Missouri Park - has just been completed by a newly completed park, which opens the entire space to the general public. It is accessible not only from Karlín, but also from Holešovice, after the recently approved footbridge with the already popular nickname HolKa. Cyclists can even come here directly from the city center on the backbone cycle path A2, which only recently received a new asphalt surface in this section and was extended to four meters. The final and symbolic completion of the construction of CA Immo in this location is the renaming of the area from the current River City Prague to Riverside Karlín.

Living by Dolce & Gabbana or Aston Martin? Luxury brands dabble in development

Imagine the announcement of a new development project in Prague. A luxury house on some lucrative land. However, the company sponsoring the entire project is not one of the established players like Penta or Sekyra Group, but for example Lasvit.

The most anticipated construction of Prague opens. How did time go with Masarycka?

Gold wedge towering above the new square. A monumental building in a lucrative place in the center of Prague, where the abandoned brownfield was until recently. And inside the tenants of known names. One of the most watched Prague buildings in recent years has gained in charge and begins to move the first tenants.

UBM will build the world's tallest wooden skyscraper in Vienna

UBM Development AG will implement the construction of the Timber Marina Tower project, a 113-meter high office building with a wood-hybrid structure in Vienna's Handelskai district. At the same time, the company progressed with the Timber View residential project and the Timber Peak office building in Mainz, and with the preparation of the LeopoldQuartier district in Vienna. UBM plans to become the largest European developer of ecological buildings with a wooden structure. In the Czech Republic, the parent company's vision is followed by UBM Development Czechia, which is building the Timber Praha residential project, the first wooden multi-storey apartment buildings in the capital. Compared to ambitious high-rise building projects abroad, however, Timber Praha's energy-sustainable houses have a maximum height of 12 meters, due to restrictions arising from domestic legislation.y

Interviews

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

Interview with Jana Prokopová, Leasing & Asset Director Skanska Commercial Development Czech Republic.

Jana Prokopová, Leasing & Asset Director Skanska Commercial Development Czech Republic answers the questions.

Transactions

Date Business Center Tenant m2 Agency
2023 Q3 Pekařská 16 RFA MOI 3517
2023 Q2 Na Příkopě 14 WorkLounge 3739
2023 Q2 Balabenka Pilulka 805

More Transactions »

Best of 2023

  • Largest Rental:

    Na Příkopě 14 - , with 3739m2 rented space

  • Most Active Office Building:

    Na Příkopě 14, 1 db rentals, with 3739m2 rented space

  • Most Active Agency:

    , 0 transactions, transactions total space: 10461 m2

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