There are already 57 branches in Prague that offer flexible work spaces, also known as coworking centers (one of three types of flexible workspace). There are a total of 37 providers. Most branches can be found in Prague 1. On average, we pay CZK 4,800 per month (excluding VAT) for a fixed job. JLL, a real estate consulting firm, confirmed the trend of flexible spaces, which is increasingly influencing the Prague office market. This is the first research on this topic in the Czech Republic.
“We currently see great potential for the growth of these flexible workplaces in Prague. We also expect a rise in the importance of this trend in larger regional cities, but the development in Prague will fully show where this trend will go. At the moment, it is difficult to predict development over a longer period of time, ” said Martin Stričko, JLL's senior analyst .
In addition to the most popular Prague 1, where 19 coworking centers are currently in operation, Prague 5, 7 and 8 are also very attractive. surroundings (fitness, restaurants and cafes). That is why the aforementioned districts are the most popular. The location is a key factor for the functioning of these concepts. For one job, the applicant pays an average of CZK 4,800 per month without VAT .
Corporations make up a large part of demand
According to JLL, this trend is driven by the overall evolution of our lifestyle and way of working. This is also due to the technological development that allows you to work anytime, anywhere. However, as the European JLL survey shows, it is not just a demand from freelancers, as it might seem at first sight . In Western Europe, there is the greatest interest on the part of corporations, who use this way of providing jobs for their employees when they need expansion, which their existing offices cannot cover. At the same time, corporations at the same time perceive flexcentre as a stimulating environment that can bring new ideas into their working atmosphere and can also establish contacts . A similar development can be expected in the Czech Republic. Already today according to our informationsuch premises in Prague are used by companies such as WMC, Škoda, Honeywell or Ernst & Young .
The fact that new operators, such as WeWork, HubHub, Spaces and New Work Offices, are coming to Prague or opening up are not just a temporary market trend . In 2019, JLL expects 67% growth in flexible offices in Prague compared to the previous year.
“Compared to Western Europe, the development of this sector on the Czech market is still in its infancy. In 2018, the share of flexible premises on the Prague office market was approximately 1%, in Amsterdam it was almost 7%, which is the most within the EU, ” added Martin Stričko .
Source / photo: www.retrend.cz, Jones Lang LaSalle sro / Title photo HubHub Na Příkopě