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Articles - office rental costs

Savills becomes the exclusive manager of the Prague office portfolio of IMMOFINANZ

With effect from January 2021, IMMOFINANZ has entrusted the international real estate consulting company Savills with the exclusive management of its portfolio of seven office buildings in Prague. The total floor area of the assets is approximately 123,000 square meters.

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CAPEXUS: Own bar and meeting rooms inspired by famous liqueurs. This is what the new Becherovka offices look like

Even tradition sometimes needs a new coat. Becherovka, which has been produced according to the same recipe for more than 200 years, has new offices. The original background in indistinct colors ceased to meet the requirements of the company and the employees moved to modern premises in the Stromovka Center in Holešovice, Prague. The offices will feature colorful meeting rooms styled according to Becherovka, Jameson, Beefeater or Havana Club spirits, as well as its own bar.

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Colliers predicts a strong recovery in demand for a flexible European workspace following a slowdown due to a pandemic

According to the latest Flex Forward report from global real estate consultant Colliers International, European markets with a low level of existing flexible workspace saw the largest increase in new flexible operations in the first half of 2020.

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Construction of a new district on Rohan Island in Prague will begin next year

The development company Sekyra Group will probably kick the ground in Prague 8 on Rohan Island for the first time in the first quarter of next year due to a new project. This area is one of the largest development sites in Prague. The total investment in apartments, offices and other premises should amount to around 15 billion CZK.

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Time for businesses to establish more meaningful wellbeing initiatives

Over the years, mental health has become a prominent feature of wellbeing initiatives in many businesses, but especially in the wake of the pandemic. However, our research has found that more than half of the UK workforce (54 percent) do not feel that mental health benefits are a priority in their organisation. This is despite half of workers believing that mental health benefits are essential post-COVID-19.

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Get used to the idea of work as an experience rather than a place

Suck it up. The role of property in supporting organisational performance has changed forever. The obsession with bricks and mortar has to shift to the employee-as-consumer experience. If we understand that user experience, then organisations can make the right decisions. The problem is, experience is now scattered across millions of homes worldwide.

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Predicting the office amenities of the future

Reading the amenity lists of modern office buildings in major cities, you might think you’re looking at a hotel and not a typical commercial property. Indeed, buildings have come a long way from the days when a coffee shop or lobby fountain was all that you could hope for at your workplace. Today, it seems like you could find a building with practically any activity or amenity imaginable if you look long enough.

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The largest development project in Prague is starting. A new district with a kilometer-long boulevard will be built in Smíchov

The former freight station in Smíchov is starting to change. Practically in the center of Prague, a new "city within a city" is to be built within 12 years, which will include apartments, offices, retail space, and public spaces, including a kilometer-long pedestrian boulevard. The plans also include two parks, each the size of the Old Town Square. This is currently the largest development project in Prague.

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