Investment group Penta, whose development activities are led by billionaire Marek Dospiva, bought from České drah long-term unused plots of land in Prague's Florenci, next to the Prague highway. Thanks to this, it can continue the project of two buildings designed by the Zaha Hadid Architects studio, which it completed this October near the Masaryk station. In addition, Penta plans to acquire additional parcels in the locality, thanks to which it would control the territory from Masaryk station to Pernerova Street in Karlín.
The developer company KKCG Real Estate has recently started the construction of a smaller residential project near Šárecký potok in Prague 6, in advanced preparation it has a commercial and administrative center in Karlín and a large housing project on the premises of the former state enterprise Chirana in Modřany.
Ve 3. čtvrtletí roku 2023 pražský kancelářský trh vzrostl o více než 60 000 m2 moderních kanceláří. Jednalo se o nejlepší výsledek od půlky roku 2020. V následujících minimálně třech letech se další podobný vrchol neočekává, déle než rok totiž nezačala žádná nová výstavba. I když investoři kladou stále větší důraz na udržitelnost budov, referenční ceny nájmů se zásadně neproměňují, pronajímatelé se naopak snaží lákat na štědřejší příspěvky či delší období nájemních prázdnin. Vyplývá to z průzkumu společnosti Colliers, předního poskytovatele diverzifikovaných profesionálních služeb v oblasti komerčních nemovitostí a správy investic.
One of the most watched buildings in Prague in recent years is gradually being completed. In September, Masaryčka was approved, cafes, restaurants and shops opened, and this week the last protective film was torn off from the gold coating on the facade of the building. But the work on the Penty Real Estate project under the investment colossus Marko Dospiva does not end. In the summer, a publicly accessible viewing terrace with a café is to be opened on the roof.
The hybrid work model has already become standard in 92% of office companies. However, not every organization transitions to this model without problems, and there is a significant discrepancy between employer preferences and employee expectations. While three quarters of employers are satisfied with it and consider it optimal, employees often have a different opinion. They want more flexibility, which is even becoming an increasingly important aspect for them when deciding whether to accept a job offer. This is according to the research "Hybrid and Beyond 2023" published by Colliers, a leading provider of diversified professional services in the field of commercial real estate and investment, through the sale of the property.
The extensive transformation of Rohanské nábreží under the baton of the development company CA Immo did not end with the completion of the last office building. After almost twenty years, the originally neglected area on the right bank of the Vltava river has become a sought-after part of the city, where people go not only to work, but also to relax, play sports and have fun. The complex of a total of five administrative buildings, which are named after rivers from around the world - Danube House, Nile House, Amazon Court, Mississippi House and Missouri Park - has just been completed by a newly completed park, which opens the entire space to the general public. It is accessible not only from Karlín, but also from Holešovice, after the recently approved footbridge with the already popular nickname HolKa. Cyclists can even come here directly from the city center on the backbone cycle path A2, which only recently received a new asphalt surface in this section and was extended to four meters. The final and symbolic completion of the construction of CA Immo in this location is the renaming of the area from the current River City Prague to Riverside Karlín.
High demand and a lack of new projects caused a decrease in the vacancy rate of Prague offices, which currently stands at 7.26%. The volume of new construction and renovations was approximately 143,600 square meters at the end of Q2 2023, and the total market size was 3.85 million square meters. Reference rent prices have not changed in any way compared to the previous quarter, however, in connection with ESG and modern standards, the price of office equipment is increasing. It can easily exceed 1,000 euros per square meter. That's according to a survey by Colliers, a leading provider of diversified professional services in commercial real estate and investment management.
The Czech real estate fund Investika became the new owner of the Tensor administrative complex in Gdynia. He is investing in Poland for the fifth time, this time one billion crowns. The popularity of the neighboring country is also growing among other Czech investors thanks to the greater number of opportunities, higher yields and still relatively affordable prices.
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