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Articles - office buildings

Ostrava has a new strategic development plan

This year, the city of Ostrava completed the preparation of a new strategic plan for the development of Ostrava with a view to 2030. The main vision is fundamentally unchanged compared to the previous plans. The efforts to connect the city internally and with the world and the revival of the historic core remain among the priorities. Closely related to this is the construction of new buildings that Ostrava will be proud of and which in a wider context will benefit the general public. However, the local government cannot satisfy such construction alone. Therefore, private investors become important drivers of urban development. Only an open and cooperative approach from both sides has the potential to meaningfully develop the city - with ecologically sustainable construction and valuable architecture.

The Roztyly Plaza administrative building was approved. It will welcome the first tenant already in the spring

Koncern Passerinvest v březnu zkolaudoval novou administrativní budovu Roztyly Plaza na Praze 11, přímo u stanice metra C Roztyly. Projekt tak nově rozšířil pražský kancelářský trh o 21 700 m² kanceláří poslední generace, ze kterých je aktuálně již jen polovina k dispozici. V přízemí budova nabízí 1 600 m2 obchodních jednotek. Ty od dubna obsadí například moderní kantýna s kavárnou Perfect Canteen, lékárna a specializovaný obchod s drony. Kromě snadné dopravní dostupnosti je velkou předností projektu jeho velkorysé propojení s přírodou díky těsné blízkosti Krčského lesa a městského parku Nové Roztyly. Za architektonickým ztvárněním budovy Roztyly Plaza stojí studio Aulík Fišer architekti.

The construction law raises concerns. According to him, he will start to allow himself in July

Construction companies and developers look forward to this date with great uncertainty. From July 1 this year, building authorities will decide on all constructions according to the new building act. Although it came into effect at the beginning of the year for infrastructure and transport constructions, according to him, all other constructions, including large development projects, will also be assessed in the summer.

The ORGANICA office building: a unique solitaire full of greenery and elegant curves

The elegant organic curves of the new administrative building ORGANICA, which is behind the development company CONTERA, flow with the rather harsh urbanism of Ostrava. The floor plan of this building from the pen of Schindler Seko architects resembles a four-bladed propeller and thus refers to the history of the region. The facade gives the impression of a cog wheel that seems to fall out of the mining towers and grows through the greenery.

Last year, Czech investors in CEE carried out transactions for almost 1.5 billion euros

According to the current report of the real estate consulting company Cushman & Wakefield, the commercial real estate market in 2023 in the Central and Eastern European region saw a significant decrease in investment volume: year-on-year it was a 55% reduction to a total of 5.02 billion euros. The largest part of the capital went to the office sector, which also saw the most significant increase in income. Despite the complications, the market is showing resilience, especially in the logistics and residential sectors, which are the areas with the greatest potential for growth.

The area of coworking spaces in Prague increases, further expansion is hindered by insufficient construction

With the development of work trends and a flexible approach to the working environment, coworking spaces are increasingly gaining ground in the Czech Republic. Their area grows by an average of 10-15 thousand square meters per year. Coworking spaces represent roughly 3% of all office spaces in the metropolis. In terms of square meters, Prague does not compare to Western metropolises, but within Central and Eastern Europe, this is an average value.

Last year, Prague's flexible offices performed well even in the European context

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. 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.

Recycling office space? The course includes renegotiations, subleases, reconstruction or serviced offices

The company Savills is monitoring the changes in the approach of companies in relation to renting office space on the Prague market. Current trends are renegotiations, subleases, serviced offices, and there is renewed interest in reconstructed buildings. At the same time, second-hand spaces appear in the search engine of companies, where it is possible to take over a completed and often attractive interior, realized by another company. These changes are happening as a result of insufficient office construction in Prague, which is at its lowest level in at least the last decade. However, even such transactions can have a positive impact within the ESG strategy of companies - some existing buildings after reconstruction can meet the current demanding requirements for economy. According to the Savills survey, green rental contracts will become a completely common part of rental contracts by 2026.

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