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.
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.
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.
Colliers, a leading professional services company in the field of commercial real estate and investment management, has released its forecasts for the Central and Eastern Europe region for 2024. The GDP growth rate is expected to increase and therefore the activity in the commercial market. What are the other key points and trends from the Colliers predictions?
Until 2019, a complex of three brutalist buildings from the 1970s known as Transgas stood on the plot at the beginning of Vinohradská Street. The work of architects Jindřich Malátek, Ivo Loos, Zdenko Eisenreich and Václav Aulický could be sent to the ground despite efforts to declare it a monument.
The real estate group CPI Property Group (CPIPG) of Czech billionaire Radovan Vítek announced on Wednesday the completion of the sale of three properties in Britain, Poland and Croatia.
HEIMSTADEN is thus taking another step towards reducing the environmental impact of its business. IQ Ostrava is a pioneer in the field of sustainable construction in the region, it is equipped with energy-saving technologies and was the first office building in Ostrava to receive BREEAM Excellent certification 10 years ago.
Contemporary offices are all about creating an experience. If your clients or employees leave the office with a pleasant experience and a positive mood, they will always be happy to return. Artwork is a great tool to promote your brand. In addition to original aesthetic accessories, these are also effective "relievers" of stress and "increasers" of productivity. See how well they work in our offices and reception.
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