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Articles - office buildings

Futureal Group exits ParkLake retail scheme

Futureal Group has exited its €19m mezzanine financing provided to Caelum Development for the development of ParkLake shopping centre in Bucharest, Romania.

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Are Green Building Certifications rising? According to the inaugural International Green Building Adoption Index (IGBAI) - a study by CBRE and Maastricht University (Netherlands) -- major metropolitan office markets across the globe are seeing a significant increase in the adoption of "green" building certification programs. The study reports that 18.6 percent of space in 10 markets across Australia, Canada and Europe is now certified "green" versus just 6.4 percent in 2007.

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The French bought a house in Prague for 1.6 billion crowns. The City Center office building includes Amundi Asset Management

Another billion real estate business has been closed in the center of Prague. Prague Amendi Asset Management acquired the Prague City Center office for 64 million euros (worth 1.6 billion crowns). It is the largest asset manager in Europe.  The former owner of the real estate, the international company Tristan Capital Partners, informed the transaction. She owned the building through one of her real estate funds.

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Alpha Building in Prague’s Bb Centrum has a new look

The leading Czech development and investment company PASSERINVEST GROUP has completed the revitalisation of the common spaces in the ALPHA Building. The planned renovation of the building in the BB Centrum in Prague 4 followed the company’s repurchase of the building. Two new tenants moved into the modernised building during the course of January and ALPHA currently reports a 70% occupancy rate.

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KKCG to invest CZK 2bn into Centrum Bořislavka

KKCG Real Estate, owned by the Czech businessman Karel Komárek, plans to build a mixed-use complex on Evropská street in Prague 6.

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No new offices in Q3

2014 will still have highest level of office completion since 2008

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