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Articles - offices

Do you start missing the office? Not the location but the interaction?

In a survey of Facebook employees covered by the Harvard Business Review, the participants identified three things they wanted most from work: career, community, and cause. When those three critical elements are met, they give employees a sense of respect, care, and recognition from their community at work, and they report that they truly “bring their whole selves to work.” This sense of connection with a work community enriches their feeling of accomplishment, beyond the physical walls of the workplace.

CEE leading PropTech startup hub is launching sublease alternative to rising 200 000m2 demands.

COVID-19 brings uncertainty to many tenants, and with current social distancing measures in place as well as a majority of companies transitioning to working from home arrangements, the requirements of an office space have been severely impacted.

Prospective small businesses can improve and move to better offices with more favorable conditions

In the last month alone, the vacant office space offered by tenants for sublease has approximately doubled (from 50 to 100,000 m2). This is a unique opportunity, especially for small companies with up to 50 employees, which can now afford prestigious "A" offices commonly intended for larger corporations due to the coronavirus crisis. And under very advantageous conditions, often with a better price or higher flexibility of commitment compared to standard five-year contracts.

CBRE Survey: What do office tenants go through and where do they see opportunities?

Only 18% of the companies surveyed reduced their leased office space and 27% gave up the planned expansion. The pandemic accelerated the onset of new trends. Flexibility is at the heart. 64% of respondents-companies in the Czech Republic and 75% in the CEE region plan to invest in new technologies to support teleworking. 24% of Czech and 32% of Central European representatives of the surveyed companies expect increased interest in the sustainable construction of buildings.

Building A is the second best refurbished office building in the Czech Republic

Building A gained second place in the prestigious Best of Realty in the Reconstructed Offices category. The jury, composed of representatives of the Association for the Development of the Real Estate Market (ARTN) and other professional associations, appreciated Building A with the technology used and its modern concept that meets the trends of the 21st century, thanks to which it will duly represent MONETA Money Bank. Announcement of the 20th Best of Realty results was held at the Congress Center of the Czech National Bank and Martin Čermák took over the awards. (source: BB Centrum)

WeWork lands another big tenant

The business catering service ezCater will lease all 100,000 square feet of space that WeWork is scheduled to open early next year at 40 Water St. in downtown Boston, with room for up to 750 employees on four floors.

KKCG to invest CZK 2bn into Centrum Bořislavka

KKCG Real Estate, owned by the Czech businessman Karel Komárek, plans to build a mixed-use complex on Evropská street in Prague 6.

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