According to the latest Flex Forward report from global real estate consultant Colliers International, European markets with a low level of existing flexible workspace saw the largest increase in new flexible operations in the first half of 2020.
The former freight station in Smíchov is starting to change. Practically in the center of Prague, a new "city within a city" is to be built within 12 years, which will include apartments, offices, retail space, and public spaces, including a kilometer-long pedestrian boulevard. The plans also include two parks, each the size of the Old Town Square. This is currently the largest development project in Prague.
Building A gained second place in the prestigious Best of Realty in the Reconstructed Offices category. The jury, composed of representatives of the Association for the Development of the Real Estate Market (ARTN) and other professional associations, appreciated Building A with the technology used and its modern concept that meets the trends of the 21st century, thanks to which it will duly represent MONETA Money Bank.
Announcement of the 20th Best of Realty results was held at the Congress Center of the Czech National Bank and Martin Čermák took over the awards.
(source: BB Centrum)
Futureal Group has exited its €19m mezzanine financing provided to Caelum Development for the development of ParkLake shopping centre in Bucharest, Romania.
All those dollar stores really add up.
The founding family of Goodlettsville-based Dollar General Corp. is selling a Colorado estate that combines entertainment and business for $12.9 million. It's located in Parker, Colorado, just southeast of Denver.
Real estate company Czech Property Investments, which is a subsidiary of CPI Property Group, controlled by billionaire Radovan Vítek, will pay all its bonds at the end of November. Creditors will pay approximately CZK 8.5 billion.
The business catering service ezCater will lease all 100,000 square feet of space that WeWork is scheduled to open early next year at 40 Water St. in downtown Boston, with room for up to 750 employees on four floors.
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