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Articles - office building

Is investing in green office building certification worth it? CBRE's analysis shows their impact on rent and occupancy

More than 40% of all office real estate on the domestic market is certified by one of the internationally recognized systems that confirm its sustainability: the British BREEAM or the American LEED. In this respect, the Czech Republic, together with other countries in the CEE region, ranks among the champions of the whole of Europe - the average is around 20%. Much has been written about the positive impact of certified buildings on the health and well-being of employees, minimizing environmental impacts and saving operating costs. However, one question remained unanswered: how is the certification of office buildings really reflected in their performance, ie prices per square meter of rented space and occupancy? CBRE, the world leader in commercial real estate services, is now providing the key answer. It is based on an analysis of almost 22,000 leases concluded in the last five years in 12 European countries, including the Czech Republic.

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The future of Florence. Take a look at the finalists of the competition for the next stages of Masaryčka

While the first stage of the magnificent Masaryčka project by Zaha Hadid, built by Penta Investments next to Masaryk Railway Station, is gradually growing floor by floor, the second part, which includes the area around the main road and Florence, is still waiting for a plan for further development.

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You can buy all Christmas presents in Brumlovka

Prague's BB Centrum (Brumlovka) has long been more than just an administrative function, in addition to first-class offices, you will also find a wide range of shops and services. And it is in them that you can comfortably buy all the Christmas presents for your loved ones, because the options are really very varied and will satisfy even the most demanding customers. Among the shops in Brumlovka you will find boutiques with designer clothes, luxury jewelry, Scandinavian home appliances or exclusive places for sports and relaxation.

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Passerinvest Group begins construction of Roztyly Plaza office building

The Passerinvest Group, an investment and development company whose flagship project is Prague’s BB Centrum (Brumlovka), has begun the construction of the new Roztyly Plaza office building. The building, with a total area of 23,000 m2 from the workshop of the architect studio Aulík Fišer architekti, is going up right by the Roztyly metro station (C line) in Prague 11. Apart from the office function, the project also offers a public P+R parking lot and several retail units, which will significantly expand the local civic amenities.

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BNP Paribas Real Estate: Demand for new offices grew by 20% year-on-year

The consulting company BNP Paribas Real Estate recorded a fifth higher demand for new offices in Prague in Q3 compared to 2020. New leases accounted for 58% of the total result in the period from July to September; in the remaining cases, existing contracts were renegotiated. Also thanks to these positive signals, the implementation or preparation of several large-scale projects with a total volume of 0.5 million m2 of new office space, which should grow in Prague by 2025, continues.

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Trade for more than a billion. Penta, Kaprain and Sekyra bought land on Victory Square

A consortium of Penta Real Estate, Kaprain Group and Sekyra Group bought land from the University of Chemical Technology (VŠCHT) in the western part of Vítězné náměstí in Prague 6 for an amount just over one billion crowns. It acquired a total of 20,122 square meters, ie the majority of the buildable area of the so-called fourth quadrant of Vítězné náměstí between Evropská and Jugoslávských partizánů streets. Penta said this in a press release.

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The transformation of office work: what does the new hybrid model bring? And what do companies and employees have to prepare for?

The coronavirus pandemic in the last year and a half has significantly affected the labor market as a whole, including the way individuals and teams work. With the disintegration and gradual return of most employees to the workplace, it is not only changes in the work model, but also the transformation of the offices themselves. CBRE, a world leader in commercial real estate services, has recently conducted two large-scale surveys to map current attitudes and expectations on the part of both companies and employees. Their results clearly show the emerging trend of a hybrid model of work, which effectively combines office work with teleworking.

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ČMN expands its portfolio with three office buildings

Českomoravská Nemovitostní (ČMN) is expanding its portfolio with three properties in Karlín, Prague. It bought the office buildings of Zirkon, Apeiron (Rubín) and Corso Karlín with a total area of more than 30,000 m2, standing right next to the Křižíkova metro station. The transaction was financed by Raiffeisenbank.

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