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Articles - kancelářská budova

Developer CTP ceremoniously launched the construction of a highly modern office building worth 1.5 billion crowns, thus completing the revitalization of the Ponávka area

Developer CTP ceremoniously launched the construction of a highly modern office building in the presence of Brno Mayor Markéta Vaňková, 1st Deputy Mayor Petr Hladík, Brno Deputy Robert Kerndl and City Councilor for Transport Petr Kratochvíl. The building for 1.5 billion crowns will complete the first stage of the development of the Ponávka complex in Brno and will offer its tenants the most modern technological and at the same time ecologically sustainable solutions. A modern city park for 30 million crowns is also being created in the area, which is a collaboration between the developer and the city of Brno, as well as the third part of the bike path connecting the Ponávka and Vlněn areas.

Czech investments in 2022 rise by 60% y-o-y to €1.15 billion

The Czech real estate investment volume reached €1.15 billion in the first half of 2022. This was a 60% increase and was mainly led by domestic investors who acquired properties worth more than €607 million. Even the number of transactions in Q2 surpassed Q1 of this year. Domestic buyers were involved in 11 of the 13 transactions in Q2, so the share of the domestic capital increased in total volume to 68%, Savills reported.

"A" or "B"? This is what matters when choosing administrative premises today. Class "B" offices are still in vogue

The current economy has to deal with a number of negative factors affecting not only our personal but also our working life. The Covid pandemic and its consequences, the difficult geopolitical circumstances caused by the war in Ukraine, the skyrocketing energy prices, steeply rising inflation – all of this has an effect on the office market as well. Today, their tenants are faced with the question of how big offices they will need in the era of the "new normal" - and also in what buildings in order to be able to pay the rent in the rented premises without problems (1). In the considerations of tenants, the price-quality ratio is increasingly coming to the fore. When applying this key criterion, it turns out that class "B" offices, although their share of the market for administrative space in Prague is significantly lower than class "A" offices, are definitely not Cinderella. On the contrary – for many tenants, they are now the ideal solution to their needs. The example of the successful Nagano Park administrative complex in Prague 3 can be used to show why "B" offices are and will be in vogue.

WOOD & Company Real Estate Fund acquires Green Point

The assets of the WOOD & Company Office Sub-Fund will now be supplemented with their tenth office building. The eight-storey modern building offers 7,500 sqm of leasable office space. Green Point is the third Prague office property held by the WOOD & Company Office Sub-Fund. Since its inception in 2017, it has delivered an average annual return of 11.65% to investors, making it one of the most successful real estate funds in the Czech Republic and Slovakia.

There are 200 percent more shared offices in Prague in five years than five years ago

There are 200 percent more flexible offices in Prague than five years ago. Scott.Weber Workspace, the largest operator of flexible and shared offices (so-called coworking) in the metropolis, recently opened premises in the Blox center in Dejvice. Flexible offices currently make up 2.7 percent of the 3.75 million square meters of office space in Prague, and further growth is expected. This follows from the analysis of the real estate consulting company JLL and information from Scott.Weber Workspace.

A new planning tool from PlanRadar simplifies the oversight of construction projects. It will fundamentally affect compliance with the construction schedule

PlanRadar, one of the leading European platforms for digitization in the construction industry, which is already used in the Czech Republic by, for example, the construction companies BAK, Metrostav and Imos Brno, specialist in project management and technical supervision of buildings Unitrex Management or companies providing maintenance and property management such as Awigo or Trade Center Prague, launched a special tool focused on planning. It is designed to facilitate the construction of buildings and subsequently their maintenance and management. Above all, the novelty will facilitate the supervision of all tasks and help with meeting the set deadlines.

In the new Hagibor district of Prague, the construction of four buildings at once, apartments and offices began

In the spring, despite the turbulent situation on the construction market, developer Crestyl began construction of four buildings that are part of the new Hagibor district in Prague, next to the Želivského metro station - two office and two residential buildings. Completion of the construction is planned for 2024. The very first two administrative buildings in this location will offer a total of 31,000 m2 of space for rent. Of this, almost 12,000 m2 will be occupied by the Czech News Center media house, which will move its headquarters here. The newly built residential buildings Gamma and Delta will be connected to the first two apartment buildings of the Hagibor project, which were approved in May. Gamma offers 138 apartments of all sizes, each with a balcony or terrace. The Delta building, newly bought by the investment company Invesco Real Estate, will then provide apartments for rent.

Hybrid office transformations

The coronavirus pandemic subsides with the onset of summer, and with it the need to work from home. However, the labor market and the way work is done has undergone a number of changes over the last two years. However, many companies are still looking for new models of office work.

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