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Articles - pražské kanceláře

Colliers: Investment volumes in commercial real estate decreased in 2023, Czech capital maintained the strongest position in the region

Investment volume in Central and Eastern Europe (CEE-6) fell by around 52% to €5.1 billion in 2023, reaching a ten-year low. Higher borrowing costs and the price difference between buyers' and sellers' expectations are among the reasons why transaction volumes are well below the ten-year average level of around 10 billion euros. Domestic capital was the most active with an impressive 56% share of total regional volumes. Czech capital secured the highest share of volumes with 28%. This results from a survey by Colliers, a leading provider of diversified professional services in the field of commercial real estate and investment management, which was presented at a February meeting of Czech and Slovak investors and other financial experts working in the field of commercial real estate.

Canon: i-SENSYS and i-SENSYS X office multifunctionals

Canon has expanded its portfolio of office equipment with six modernized A4 format models in the i-SENSYS and i-SENSYS X series. The new products designed for modern businesses will bring additional benefits including higher scanning speed, lower energy consumption, a clearer interface and improved security features.

Another fragment for the reconstruction of Masaryčka. Penta showed the new look of the post office in Hybernská Street

The company Penta Real Estate has chosen an architectural design, according to which it will rebuild the former post office in Prague's Hybernská street, which is part of the complex of buildings around the Masaryk railway station. The winner of the competition was the architect Jakub Klaška, who had already collaborated with Penta on the Masaryčka project.

The volume of investments in the commercial real estate sector for 2023 is 1.2 billion euros, the driving force is retail

Savills recorded 40 transactions closed in 2023 in the commercial real estate sector with a total investment volume of €1.2 billion. The volume of investments was 32% lower in 2023 compared to 2022. The driving force behind real estate investments in 2023 was the retail sector, which accounted for 43% of the total investment volume. Domestic investors are undoubtedly the backbone of the Czech investment market. Not only are they the most active and have concluded 29 transactions, but they also account for the largest (80%) share of investment volume this year. 31% of investment transactions in 2023 took place in Prague

The commercial real estate market in Europe is on the verge of recovery and it can be assumed that it will come with a delay in the Czech Republic

Europe's commercial property market is showing signs of recovery, with rents expected to rise and yields to stabilize. The Czech Republic may follow this trend with a slight delay, but the positive outlook on the real estate market for 2024, as well as the increased demand for quality and sustainable premises, signal the time for action for investors and tenants.

There is interest in shiny, modern and green offices in Prague. However, new ones are not being built

There is a great demand for high-quality office space in Prague, thanks to which the owners of so-called A-class buildings in particular can be proud of almost full occupancy. The problem, however, is almost zero construction, experts agreed.

Change your working world with WorkLounge Business: A revolution for professionals in the work environment

WorkLounge Business revolutionizes the working environment by offering top serviced offices with a range of exclusive benefits for professionals. With a focus on safety, an individual approach and an inspiring environment, it offers ideal conditions for the growth and prosperity of both individual professionals and large companies.

Scott.Weber buys shared offices from Penta in the Churchill complex at VŠE

The Scott.Weber Workspace company, which operates flexible offices, coworking and event spaces, is buying the Base coworking center from Penta Real Estate, which is part of the Churchill office complex in Prague 2. The companies did not state the price in the announcements, according to ČTK sources, the value of the transaction did not exceed hundreds of millions of crowns. Base will be the 13th Prague branch belonging to the Scott.Weber network.
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