Due to the coronavirus pandemic, the Open House Prague Festival took place again this year, this time from 2 to 8 August 2021. The weekly accompanying program offered a number of events that introduced architecture to visitors in an unconventional way. People could sail on the Vltava paddle steamer, take the Kotěr tram with an explanation by architect Zdeněk Lukeš, enjoy a unique composed evening with contemporary dance and an evening tour of Laichter's house, or take part in a debate and film screening on abandoned buildings right on the grandstand of the Great Strahov Stadium. There was also interest in the tour and discussion, which presented the course of the reconstruction of Zenger's transformation station, the future headquarters of the Kunsthalle Prague in Klárov. During the week, other guided tours and walks were prepared, for example on the occasion of the 130th anniversary of the Prague Exhibition Grounds, 150 years since the construction of the Gröbe Villa in Havlíčkovy sady or 150 years since the arrival of the first train in Prague. "We were surprised by the great public interest in the accompanying program of the Open House Prague 2021 festival," says director Andrea Šenkyříková, adding: "The events were intended for a limited number of people, and despite the fact that we were already fully booked at the beginning of the festival week. "
A total of 1,000 sqm of office space in the Mayhouse building in Pragueʼs Pankrác district has been leased to two new tenants: RTB Media and Capgemini Czech Republic.
Award honors Schneider Electric’s longstanding commitment to sustainability and market-leading digital solutions that help customers meet their Sustainable Development Goals
Together with Microsoft, Schneider Electric supports customers such as JLL and Blackstone to develop and achieve decarbonization ambitions
Marks Schneider Electric’s 30-year global relationship with Microsoft and their shared vision for a sustainable future
Travel restrictions and the inability to meet in person have caused a lot of headaches for many market players but in many cases, it also provided certain types of investors with an advantage. Pavel Streblov, Business Director at Penta Real Estate talks about the company’s development and investment strategy and shared his expectations for the year ahead.
23 thousand square meters of offices and almost five thousand square meters of shops at a price of 25 to 30 euros per meter. Penta has opened an offer of premises in the upcoming Masaryčka complex and the first applicants are already applying.
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.
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.
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.
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