The total volume of transactions in the commercial real estate sector in the Czech Republic should reach 1.2 billion euros this year. This is a 63% decrease compared to last year, which was above average successful. If we also take into account the complications that the coronavirus pandemic has brought to the economy, the result is relatively satisfactory and testifies to the continuing appetite of investors. In addition, we can expect a further increase to almost double this year's volume next year. It is also positive that real estate prices still remain stable.
As Covid-19 squeezes demand for offices, shared workspace provider IWG (IWG) is set to place its Jersey-based subsidiary, Regus plc, into insolvency. The move is designed to send a signal to landlords that unless they are prepared to lower their rents, IWG is willing to walk away from its lease obligations. IWG says that it has resorted to insolvency measures because “the Covid-19 pandemic is a black swan event and it has severely impacted our business and presented us with unforeseen challenges"
Masaryčka connects. With such a slogan, Penta Real Estate, a development company of the Penta financial group, presented new visualizations and details of the first phase of the project of the same name.
Desks are declining in offices, and informal seating is increasing. However, with the reduction of working seats, the demands on space are growing. Working spaces are being vacated and have a larger work area due to safety clearances. This follows from a survey of member companies of the Czech Council for Green Buildings, which specialize in office real estate rentals.
Different temperatures in different rooms, air control or reducing the energy intensity of a building by efficient use of alternative sources. These are just some of the benefits of building automation. It offers simplification of maintenance as well as significant financial savings, especially for large office buildings, hotels or industrial buildings. In the Czech Republic, however, we still have a long way to go compared to the West.
CPI Property Group, the largest property owner in Berlin, Prague, Warsaw and the region of Central and Eastern Europe, is pleased to announce its unaudited financial results for the third quarter of 2020.
In order to become successful in the highly competitive business of commercial real estate it is very important to invest in lead generation.
Nowadays when a great part of real estate lead generation takes place online, you can use multiple ideas and strategies to keep the clients coming. Here are some of them:
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