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Articles - office

Building B in BB Centrum won the CIJ Awards 2021 competition

Administrative Building B in BB Centrum in Prague 4 won first place in the prestigious real estate competition CIJ Awards Czech Republic 2021, and was awarded in the Best Legacy (Redevelopment) Development category. The complete revitalization of the building and its surroundings, thanks to which it was again included among the Prague administrative buildings of category A, was completed in mid-2020. The CIJ Awards competition, which annually recognizes the most significant achievements and personalities in development

Weber-Stephen has leased premises in The Flow Building

Weber-Stephen Products, LLC (Weber), a leader in the production of innovative and high-performance barbecue products, has signed a lease for 1,200 square meters of office space in The Flow Building on Prague's Wenceslas Square. The Flow Building by the developer Flow East is one of the most distinctive buildings in Prague and the demand for space in the building, which is an example of technologically advanced and modern architecture, is high. Furnishing offices for Weber is scheduled for May this year, and the company will move to the new facility by September 2021.

CPI Property Group sells a majority stake in its facility management in the Czech Republic to M2C

Before the end of 2020, a new form of cooperation between CPI Property Group and M2C began. Facility management, which the CPI Property Group has so far provided for most properties, will now be managed by M2C. At the same time, it welcomes employees from the current facility management division in CPI Property Group.

Wolt and the Kantar agency are moving to the Bubenská 1 Palace in Holešovice, which belongs to CPI Property Group

From September, the Wolt delivery service and the Kantar research agency will move their headquarters to the Bubenská 1 palace in the First Republic, which has undergone reconstructions for more than a billion in recent years. The WPP group has already chosen the building as its headquarters for its marketing, advertising and PR agencies. Bubenská 1 belongs to the portfolio of the real estate investment group CPI Property Group, which is the largest owner of office space in Prague.

Sekyra Group will start the construction of the Rohan City project in Prague. A kilometer-long promenade will be built on the banks of the Vltava

During the first quarter of this year, Sekyra Group intends to launch Rohan City, the second of its major development projects. The first was Smíchov City, which started last year. The information was confirmed by Luděk Sekyra, Chairman of the Board of Directors. Rohan City will be within walking distance of Invalidovna Metro Station.

Real estate transactions of commercial real estate in 2020

The total volume of transactions in the commercial real estate sector in the Czech Republic should reach 1.2 billion euros this year. This is a 63% decrease compared to last year, which was above average successful. If we also take into account the complications that the coronavirus pandemic has brought to the economy, the result is relatively satisfactory and testifies to the continuing appetite of investors. In addition, we can expect a further increase to almost double this year's volume next year. It is also positive that real estate prices still remain stable.

Lobby of the recently completed AFI CITY office building 1

The AFI City office building 1 on the city brownfield in Prague 9 near the Kolbenova metro station is full of interesting architectural and design elements. One of them is the artistically crafted gear motif, which occupies the entire main wall of the reception hall, and is the first thing that welcomes visitors. The work by Czech artist Ivan Komárek is a reminder of the rich industrial past of Vysočany, which was the pride of Czech industry at the turn of the 19th and 20th centuries: the most important companies at the time included the Czech-Moravian Machine Factory, Kolben's Electrical Factory and a plant of the engineering company Breitfeld-Daněk, later connected with the world-famous ČKD, but also the carmaker Praga or the Avia Aero aircraft factory.

Offices and their trends after the coronavirus crisis: Jobs are growing, the importance of small meeting rooms is growing

Desks are declining in offices, and informal seating is increasing. However, with the reduction of working seats, the demands on space are growing. Working spaces are being vacated and have a larger work area due to safety clearances. This follows from a survey of member companies of the Czech Council for Green Buildings, which specialize in office real estate rentals.

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