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Articles - pražský kancelářský trh

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.

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