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Articles - Office market

Traditional offices will replace the smart ones, they work anytime and anywhere

A year ago, offices were a space where millions of us spent about a third of our lives. However, much has changed since then. Did the pandemic bring about the end of the traditional office we were used to?

Safety rules in office buildings matter a lot in the rental decision – an interview with Adriana Drăgoescu, CEO, RPHI Romania

"The pandemic has changed our perspective and needs, and from 2020 the safety norms implemented by office buildings matter a lot for tenants in the decision to rent new spaces," says Adriana Dragosescu, CEO, RPHI Romania. She told us in an interview that the measures, efforts and strategy of an office building on safety rules will most likely be in the top three criteria in making a decision.

IMMOFINANZ undertakes to compensate 100% of its energy consumption with renewable energy in all its Czech facilities

International real estate operator IMMOFINANZ, known for its STOP SHOP shopping parks, VIVO! and office real estate myhive, has committed to compensating all energy consumption in the Czech Republic exclusively with renewable sources since 2021. An environmental certificate issued by the energy supplier, Pražská energetika (PRE), recently confirmed IMMOFINANZ's responsible behavior and consideration for the environment in which its focus on sustainable development and its commitment to a green future.

Petr Narwa: The pandemic has disrupted the income of real estate investors

Petr Narwa, Head of Transaction & Consulting Services at Prochazka & Partners, who has long been involved in commercial real estate and investment services, answered the interview. What does Petr say about the current situation in the market, where tenants are currently trying to save as much as possible and where the pandemic has disrupted the income of real estate investors?

Investors' appetite for acquisitions remains high

According to the latest Savills report, the volume of commercial real estate investments in the Czech Republic in the second half of 2020 amounted to € 797 million, with 60% (ie € 478 million) of these investments related to Prague real estate.

The first tenants report to Masaryčka by Zaha Hadid

23 thousand square meters of offices and almost five thousand square meters of shops at a price of 25 to 30 euros per meter. Penta has opened an offer of premises in the upcoming Masaryčka complex and the first applicants are already applying.

Offices, apartments, hotel and wide boulevard. The new Waltrovka is introduced

The hitherto inhospitable territory between Walonovka in Jinonice and the new ČSOB headquarters in Radlická is undergoing a transformation. The Penta investment group is preparing to continue the Waltrovka residential and office complex there.

CPI Property Group has successfully issued bonds worth over 26 billion Czech crowns

CPI Property Group, the largest property owner in the Czech Republic, Berlin, Warsaw and the region of Central and Eastern Europe, announces the successful issue of ten-year senior unsecured bonds and hybrid bonds with a total value of EUR 1 billion.
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