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Articles - Prague

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

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HolKa will connect Holešovice with Karlín and at the same time revive the Vltava embankment

The long-awaited HolKa footbridge construction project will make it easier for pedestrians and cyclists to move between the two dynamically developing districts of Prague. At the same time, it activates the creation of follow-up projects of the capital and private investor CA Immo, which will contribute to the attractiveness of the Vltava embankment in the area of Rohan Island.

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Technopark changes owners. It was bought by hundreds of millions of top eye surgeons

Technopark on the border of Prague's Jinonice and Stodůlek has a new owner. The administrative building, which houses the German Commerzbank, for example, was bought by the world-renowned eye surgeon Pavel Stodůlka.

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Prague office leasing activity is picking up slowly

According to Savills, total modern office space in Prague increased slightly in Q2 2021 to 3.73 million sqm. Although subdued and still challenged by uncertainty, Q2 2021 saw a recovery in new supply as 49,500 sqm was delivered to the market across four new projects. Even though a decline of 57% is still visible in y-o-y comparison, new office supply for the second quarter is 10% above the pre-pandemic quarterly average.

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Covid has initiated a new certification of buildings, addressing the indoor environment in terms of health

The Covid 19 pandemic has given rise to a new certification. The Well Health-Safety Rating addresses the indoor environment of buildings, their operation and management in terms of health impacts. It is already owned by the first buildings in the Czech Republic, such as the Parkview building, which Skanska recently completed in Pankrác, Prague.

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CA Immo leased 1,000 m2 in the Missouri Park office building in Karlín

CA Immo has entered into a lease agreement with the international group BATIST Medical Holding for 1,000 square meters in the Missouri Park office building, which is currently under construction. The area of Prague 8 - Karlín belongs to the premium office locations and in combination with the high quality of this building we managed to achieve a record amount of rent for this city district as well.

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The biggest real estate business deal of the year. Penta sold Prague's Churchill for four billion Czech Crowns

The year 2020 is almost over, but Penta Real Estate still managed to break one of the records on the real estate market. It sold the Churchill Square office complex near the main railway station in Prague for more than four billion Czech Crowns. This is despite the fact that the company's representatives previously claimed that they will no longer be getting rid of buildings in the center of Prague.

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Penta showed how they will rebuild Masaryčku. A modern boulevard with buildings by Zaha Hadid will grow around the Prague railway station

Masaryčka connects. With such a slogan, Penta Real Estate, a development company of the Penta financial group, presented new visualizations and details of the first phase of the project of the same name.

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