YIT has initiated the fourth phase of its Ranta Barrandov residential project in Prague 5, introducing a new commercial unit specifically designed for small services. This development presents an excellent chance for businesses to secure a presence within a rapidly growing, eco-friendly community, with the project slated for completion in early 2027.
Discover how HSF System's impressive 54% carbon footprint reduction and innovative sustainable practices are shaping the next generation of eco-friendly office and warehouse spaces, offering significant benefits for your business.
The ambitious Top Tower project by developer Trigema, planned for Nové Butovice and featuring a distinctive design by David Černý, is encountering significant regulatory challenges. As Prague prepares to implement a new Metropolitan Plan limiting building heights, the future of this and other high-rise commercial developments in the city hangs in the balance, impacting businesses looking for prime office and retail spaces.
Regional cities in the Czech Republic are becoming an increasingly interesting alternative for investors looking for cheaper, yet high-quality office space outside of Prague. That's according to the latest survey by Colliers, a leading provider of diversified professional services in commercial real estate and investment management. According to him, net realized demand in Brno grew by 43% year-on-year, in Ostrava by 127%. At the same time, prices are kept at a level that is one third to one half lower than in Prague. Even more interest in regional cities could be aroused by a better offer of serviced offices, which are of particular interest to established companies on the market in connection with the development of hybrid work and the introduction of hub & spoke or flex & core models.
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Natália Falatová
+420 790 285 338
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