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Articles - Prague

Alpha Building in Prague’s Bb Centrum has a new look

The leading Czech development and investment company PASSERINVEST GROUP has completed the revitalisation of the common spaces in the ALPHA Building. The planned renovation of the building in the BB Centrum in Prague 4 followed the company’s repurchase of the building. Two new tenants moved into the modernised building during the course of January and ALPHA currently reports a 70% occupancy rate.

Alpha Building in Prague’s BB Centrum welcomed new tenants – Xerox Czech Republic and Gorenje

The Czech development and investment company PASSERINVEST GROUP is gradually continuing with the revitalisation of the ALPHA building while also welcoming two new tenants. The technology company XEROX CZECH REPUBLIC s.r.o. has moved into the modern office building in BB Centrum in Prague 4, leasing a total of 1028 m2 of office space. Another 561 m2 is being used by GORENJE spol. s r.o., a producer of household appliances. Both companies moved into their new spaces during the course of January and thanks to that the office spaces in the ALPHA building are almost 70% leased.

Erste Group Immorent inaugurates Enterprise Office Center

Erste Group Immorent today inaugurated the Enterprise Office Center building, a new landmark in Praha 4. The 12-storey building offers 29,069 m2 of A Class premium office space, additional space for tenants, and also up to 400 parking places. STRABAG has erected the building based on architect Vladimír Krátký’s design.

Regus opening new Business Centre in River Garden II/III Building

The River Garden II/III office complex in the popular Prague 8 locality of Karlín has welcomed an important new tenant. The largest global provider of flexible workplaces, Regus, has leased almost 1000 square meter of category A office space.

Skanska sells Corso Court office building in Prague to Invesco Real Estate

Skanska has sold Corso Court, its office project in Prague. The building has been purchased by global investment manager Invesco Real Estate on behalf of one of its German separate account mandates. This is Skanska’s second investment in the Czech capital to be acquired by Invesco Real Estate.

Prague has second-lowest office rents in CEE

CBRE: New office supply, low rents make it worth considering a move

Developers respond to real estate recovery

Prague districts are preparing for an influx of new residential projects

PasserInvest issues bond ahead of BB Centrum purchases

PasserInvest is hoping to raise CZK 550 through a new bond issue which it plans to use in order to buy back buildings it developed and then sold in the BB Centrum complex in Prague 4.
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