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Articles - Office project

CA IMMO registers a significant demand for premium offices: Two of its buildings in Prague are fully leased

• Less than a year after the first tenant moved in, the Mississippi House and Missouri Park office buildings on the River City Prague office campus are fully occupied • 18 concluded lease transactions with a total of 16,200 m2 of modern administrative space in the Prague portfolio of CA Immo during the first 5 months of 2022 • As companies struggle for the best brains, the trend toward the highest quality offices is growing

UDI Group is heading to Central American Panama

Originally a Czech development company, UDI Group is expanding its activities overseas, in the middle of the American continent. Following the recent first acquisition in Costa Rica, it has now also purchased land in the capital of neighboring Panama.

Demand for offices in Prague has returned to pre-pandemic levels

Colliers, a leading company providing diversified professional services in the field of commercial real estate and investment management, published a survey of the Prague office market for the first quarter of 2022. According to him, there was a further increase in vacancy, which increased across Prague. However, gross realized demand recorded a year-on-year increase of 44%, and thus returned to pre-pandemic levels. The increase in prices throughout the city is still felt especially in construction projects, mainly due to rising costs for materials and construction work.

Do you want perfect acoustics in the office? Follow ISO standard 22955

- Up to 70% of employees in offices are not satisfied with the acoustic conditions in their workplace. Unfortunately, it is precisely these spaces that are a challenge for architects and designers in terms of acoustics. Because it's not an office like an office. Other acoustic conditions prevail in the call center and others, for example, in a bank branch. Fortunately, ISO standard 22955 was created last year, which specifically addresses this issue. It clearly defines acoustic conditions suitable for different office environments according to their use. In addition, it provides clear instructions on how to achieve these acoustic values.

Crestyl completed an extensive DOCK project in Liben, Prague, and the last building was approved

- After fifteen years, the Crestyl Group has completed its extensive DOCK district, which grew up around two blind branches of the Vltava in Liben, Prague. The capital thus gained a new revitalized location, which completed the face of the metropolis. In May, the very last building was approved - the DOCK IN FIVE offices. A year ago, a one-hectare park opened right on the premises, residential buildings were completed and apartments were sold out a year earlier. In the just completed last office building, 70% of the space is currently leased, all other office buildings are fully occupied by tenants. The entire DOCK project includes a total of 120,000 m2 of commercial and residential space. In addition to apartments, offices and the park, the campus also includes restaurants, cafes, shops and services or a yacht club with a marina.

The Roztyly Plaza office building has its foundation stone

The construction of the new Roztyly Plaza office building was symbolically started today with a ceremonial tapping of the foundation stone. Work is currently underway on the construction of underground floors with a capacity of 330 parking spaces for tenants and another 100 spaces for P + R car parks. The seven-storey building will offer for rent an office with a total area of 21,700 m2 and business units on the ground floor, which will be occupied by a canteen and there is also a grocery store or drugstore. The construction also includes the modification of the immediate surroundings - the bus terminal will be modernized, the ground floor will be modified and the asphalt will be replaced by a Prague mosaic enabling water seepage.

The European commercial real estate market is resilient to adverse macroeconomic conditions

According to the latest overview of the development of capital markets in the EMEA region (Europe, Middle East, Africa), published by Colliers, a devastating shock in the market in the first quarter of 2022 resulted from the Russian invasion of Ukraine. Despite this, investors' interest in commercial real estate persisted.

After office, smaller offices, but more meeting rooms. Companies monitor occupancy over wireless networks

Coronavirus has changed the way we used to know from the office environment. After two years of running a full-time home office, people are slowly returning to the offices - but it's clear that in most cases it won't be five days a week after eight hours. This creates a new problem for companies: how to adjust the capacity of offices and optimize their occupancy. The solution offers an unexpected helper - a corporate wireless network.

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