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Articles - coworking

The pandemic has helped shared coworking offices, attractive locations are occupied

Coworking and flexible offices are one of the few industries that have been significantly boosted by the coronavirus pandemic. Although HubHubu, the operator of two shared spaces in Prague, had its occupancy reduced to 50 percent during the strictest closures, this year it is reporting that it is practically occupied. One of the reasons is the hybrid work style, to which a significant part of companies have reoriented. Instead of startups, flexible offices are increasingly being rented by larger companies as well.

The Prague office market is expecting an increase in rent prices next year

After three quarters this year, the Prague office market already exceeded the volume of transactions from the covid years 2020 and 2021. The year-on-year increase in gross and net realized demand, i.e. new contracts and their extensions, amounted to 38 percent. Office vacancy has fallen by 0.3 percentage points since the start of the year to 8.1 percent, and demand for flexible space is growing. Prices will increase in the coming year, which, according to representatives of construction and real estate companies, will be reflected in inflationary clauses in contracts and energy prices.

Offices and their trends after the coronavirus crisis: Jobs are growing, the importance of small meeting rooms is growing

Desks are declining in offices, and informal seating is increasing. However, with the reduction of working seats, the demands on space are growing. Working spaces are being vacated and have a larger work area due to safety clearances. This follows from a survey of member companies of the Czech Council for Green Buildings, which specialize in office real estate rentals.

Home-working fatigue is driving interest in ‘hub and spoke’ offices

Homeworkers do not miss the commute but they do miss face-to-face collaboration. Smaller offices in satellite towns may be the answer.

The tallest Czech skyscraper is to be built in Prague, the shipwreck will rest on it

Prague 13 has signed a memorandum with the development company Trigema about the planned construction of the Top Tower at the Nové Butovice metro station, which is to become the tallest building in the Czech Republic.

Every day a different office. Shared offices are on the rise in the Czech Republic as well

Extraordinary growth in the flexible office space industry awaits Europe and the Czech capital. In the next five years, the alternative to ordinary offices will grow significantly.

The largest development project in Prague is starting. A new district with a kilometer-long boulevard will be built in Smíchov

The former freight station in Smíchov is starting to change. Practically in the center of Prague, a new "city within a city" is to be built within 12 years, which will include apartments, offices, retail space, and public spaces, including a kilometer-long pedestrian boulevard. The plans also include two parks, each the size of the Old Town Square. This is currently the largest development project in Prague.

Do you start missing the office? Not the location but the interaction?

In a survey of Facebook employees covered by the Harvard Business Review, the participants identified three things they wanted most from work: career, community, and cause. When those three critical elements are met, they give employees a sense of respect, care, and recognition from their community at work, and they report that they truly “bring their whole selves to work.” This sense of connection with a work community enriches their feeling of accomplishment, beyond the physical walls of the workplace.
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